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Date:  Tuesday, 09 February, 2010  :: 11:14

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Finance News Headlines
Aussie dollar struggles to overcome investor caution
* Aussie tracking sideways at 77.20 yen AUDJPY and steady on the euro around A 361.5800 per euro EURAUD.
Tough year ahead for meat industry
Experts predict Australias 3613 billion meat industry will be in dire straits until at least next year following the closures of more meatworks this week.
Macquarie shares slide on profit news
Investment bank Macquarie Group says its second-half profit could be as much as 10 per cent higher than its first-half earnings if economic conditions around the world continue to improve.
Challenger Diversified posts & #36;13.7m loss
Challenger Diversified Property Group has posted a first half net loss of 3613.7 million after property writedowns and revaluations.
Woodside finalises Browse site
Woodside and its joint venture partners have committed to James Price Point 60 kilometres north of Broome as the site of its Kimberley Liquefied Natural Gas hub.
Australia shares dip; Macquarie knocked
MELBOURNE Feb 9 Reuters - Australian stocks fell 0.6 percent in morning trade on Tuesday after a luke-warm trading update from Macquarie Group MQG.AX and wider investor concerns about sovereign debt troubles in the euro zone.
NZ dollar steady, burdened by euro zone concerns
* Kiwi NZDD4 was holding around 360.682030 close to half a cent down on its late Monday level. The currency touched a five-month low of 360.6807 in Fridays offshore trade.
Linc Energy Limited (ASX:LNC) Records 'Oil Shows' In The Arckaringa Basin
Brisbane Australia Feb 9 2010 - ABN Newswire - Linc Energy Limited ASXLNC PINKLNCGY is pleased to announce interim results from the first round of drilling in its Arckaringa Basin Petroleum Exploration Licenses PELs aimed at assessing the suitability of the Permian Mount Toondina coal seams for Underground Coal Gasification UCG and indirectly also assessing the Coal Seam Gas CSG potential at the selected locations.
David Jones H1 sales up 2.3%
Department store David Jones Ltd has increased its first half sales by 2.3 per cent and sharply raised its interim and second half profit guidance.
Chrysler to build Fiat 500s in Mexico
TOLUCA Mexico AFP - Chrysler Group LLC will invest 550 million dollars in Mexico to produce Fiat 500s for the United States and Latin America Mexican President Felipe Calderon said Monday.
Macquarie shares slump 6%
Shares in Macquarie Group have slumped more than six per cent after the company said second half profit would be in line with the first half profit of 36479m.
Australian Market Report of February 9: Investors Cautiously Coming Back
Sydney Australia Feb 9 2010 - ABN Newswire - Australian sharemarket closed flat in thin trade on Monday ahead of the release of more earnings reports. But some investors started to return to the market after the massive drops the past four weeks. The benchmark S ampPASX200 index climbed 7.3 points or 0.2 per cent to 4521.4 while the broader All Ordinaries index gained 6.3 points or 0.1 per cent to 4538.8.
Lehman challenges councils' right to sue
Collapsed investment bank Lehman Brothers returns to the High Court this morning in a last ditch bid to stop local councils suing the companys US parent for millions of dollars over failed investments.
Australia shares fall, Macquarie bank hit hard
MELBOURNE Feb 9 Reuters - Australian stocks fell 0.8 percent in morning trade on Tuesday after a luke-warm trading update from Macquarie bank MQG.AX and wider investor concerns about sovereign debt troubles in the euro zone.
Becton sees another H1 loss for 2009/10
Becton Property Group Ltd expects to report another loss for the first half of its financial year.

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