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Markets Live: Profits drive ASX higher

Share gains accelerate in afternoon trade, led by the banks and a number of well-received earnings updates, while a fall in oil prices weighed in energy names.

50 companies reported either cutting costs, selling or de-merging assets, repositioning their businesses or paying down ...

Credit Suisse's 17 restructuring stars

More Australian companies are restructuring than ever before and Credit Suisse believes there are seventeen that have been overlooked by the market.

A bump in the iron ore price wasn't enough to lift materials higher, though investors poured into Premier Investments ...

Investors buy into retail surprises

Shares shook off uninspiring overseas leads, with gains in the banks and a rally in Premier Investments offsetting losses in energy stocks.

Genworth CEO, Georgette Nicholas, said the company faced "challenging market dynamics".

Genworth shares slump on soft outlook

Genworth Mortgage Insurance Australia expects a further decline in its premium revenue as it feels the pinch of rising mortgage stress and contracts with key customers come up for renewal.

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