My Share Trading Newsdesk

Surfwear retailer, Billabong (ASX:BBG) have announced their full year profit results at $146 million for the 12 months to end of June. Full year profit fell by 4.5 percent. read more

Surfwear retailer, Billabong (ASX:BBG) have announced their full year profit results at $146 million for the 12 months to end of June. Full year profit fell by 4.5 percent. read more

Pharmaceuticals company, CSL (ASX:CSL) have posted their annual net profit $1.053 billion, down 8.1 percent. Four months ago, the company had returned $1.8 billion back to investors and now, the company have announced a new $900 million share buyback due to a strong company Cashflow position and a great balance sheet. CSL Dividends read more

Diversified mining company, Oz Minerals (ASX:OZL) have announced that it will reverse an impairment charge of $201.1 million which does not form part of operating earnings and is a non-cash adjustment. The action will increase net profit after tax for the upcoming half year net profit after tax reports due for release on August 25. read more

Australian Gold and Copper mining company, Newcrest Mining (ASX:NCM) have announced record profits, more than doubling their net profits to $556.9 million. For the year ended 30 June 2010 Newcrest reported Underlying Profit of $763.7 million, an increase of 58% over the prior year result of $483.1 million. The company pinned down the reasons for the significant increase in profit to "increased gold production, lower operating costs and higher commodity prices." read more

Beverage producer, Coca Cola Amatil (ASX:CCL) have posted a record half year net profit at $212.7 million, up 12.1 percent compared the corresponding half yearly results of last year. Earnings before interest and tax (EBIT) was up 10 percent to $373.8 million. Earnings per share is 28.3 cents, up 10.1 percent. Coca-Cola Amatil Dividends read more

Australian banking company, Commonwealth Bank (ASX:CBA) announced a record $6.1 billion net profit after tax, up 42 percent on the previous year. However the bank's shares dropped 3 percent or$1.56, to $51.19 (almost $9 below the stock's peak this year). The market jitters was caused by weaker second half performance.

• Cash NPAT of $6,101 million - up 42 percent on prior year;

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Australian IT and consulting company, Oakton (ASX:OKN) has reported its profit results seeing a 42 percent increase in full year profits at $20.2 million. Oakton ended the year with 1,115 staff, down 2 percent. Staff count in India was up 10 percent to 120. read more

Australian beef cattle producer, AAco (ASX:AAC) has reported a net loss of $12.2 million in the 2009-2010 fiscal year to June 30. The net loss is less compared to the previous year when Australian Agricultural Company reported a loss of $30.3 a year. AAco - Australian Agricultural Company Financials read more

Australian retirement village operator Aevum (ASX:AVE) have rejected a $266 million takeover bid of diversified property group, Stockland (ASX:SGP). SGP is AVE's biggest shareholder (15.7 percent holdings) had offered $1.50 per share to which Aevum said that valuation "significantly undervalues" the company. read more

Australian outdoor goods and clothing retailer, Kathmandu (ASX:KMD) has lowered its profit forecast due to a weaker retail environment. read more

West Australian Newspaper Holdings (ASX:WAN), have announced a full year net income of $96.2 million, a 10 percent rise compared to the previous year. Net revenue was down 2.1 percent to $409.2 million. The results reflect a recovery after 2009 when it spent $13.672 million on staff redundancies. West Australian Newspapers Dividend read more

Australian listed AXA Asia Pacific (ASX:AXA), a wealth management company, posted a 19 percent fall in first half net profit. The first six months to June 30 had a net profit of $219 million, down from $270 million for the corresponding period last year. Reported profit falls were in line with forecasts provided by the public company last month. AXA Asia Pacific Dividends read more

Australian building and industrial products company Crane Group (ASX:CRG), a metals dealer, plumbing supplier and a pipeline maker, have announced a fall of 26.8 percent in net profit to $31.9 million for the 2009-2010 fiscal year ending 30 June 2010. Company revenue was down 12 percent to $1.86 billion. In the year ending 30 June 2009, Crane Group had reported a profit of $43.57 million. Crane Group Profits and Dividends read more

Australian regional subscription television group Austar United Communications (ASX:AUN) has announced a 42 percent fall in first half net profit with subscriber numbers growth below market expectations. Austar Net Profit read more

Australian engineering company, Downer EDI (ASX:DOW) has announced that the company has closed a $2 billion contract agreement for works at a BHP Billiton Mitsubishi Alliance coal mining project including projects at Goonyella Riverside and Norwich Park coal mines, both located at the Bower Basin in central Queensland. The project will run until June 2015. Downer EDI Project read more

Australian conglomerate Wesfarmers (ASX:WES) has increased sales for grocery chain Coles. Wesfarmers chief executive, Richard Goyder, has said market share looks stable. Fourth quarter sales figures has revealed that sales have risen from last years figures by 4.2 percent compared to 1.8 percent with competitor, Woolworths (ASX:WOW) at a 3.4 percent gain. read more

Australian automotive and accessories retailer, Super Cheap Auto Group (ASX:SUL) has said it expected a projected annual net profit of $38 million. The company's profit at the same time last year was $32.1 million, an increase of 18 percent. Super Cheap Auto Company Results read more

Woolworths (ASX:WOW), owner of retailers such as the Woolworths grocery chain, Safeway, Big W, Dick Smith, Petrol stations, Liquorland, Powerhouse and Tandy, have seen a slowing retail sales trend. Fourth quarter Australian food and liquor sales rose 3.8 percent to $7.78 billion compared to the previous year. read more

Telstra (ASX:TLS) has retrenched 30 senior executives last night and is planning to be retrenching another 300 senior managers in the coming weeks. Telstra's job rationalisation program is part of Chief Executive David Thodey's plan to remove bureaucracy to simplify its business processes and better serve Telstra customers. read more