Medicinal cannabis producer Cann Group is set to join the growing number of "pot stocks" listed on the Australian share market.
Sony, the maker of Xperia smartphones and PlayStation consoles, posted a net profit $A883 million for the year to the end of March, down 50 per cent.
Facebook's messaging app Messenger is proving popular with Australian businesses.
Australian Bureau of Statistics shows that producer prices were up 0.5 per cent in the March quarter, compared to the previous three months.
The consumer watchdog is taking Federal Court action against dairy co-op Murray Goulburn over its shock farmgate milk price cut that hurt suppliers in 2016.

Origin quarterly revenue rises

Origin Energy's third-quarter revenue is up on the preceding three months, helped by an increase in oil and gas prices and steady production.
Australia's oldest bank has updated its climate change action plan, which appears rule out funding the controversial Adani mine.
Free Comic Book Day offers Australian retailers a lesson on how they might build a bulwark against Amazon's advance Down Under.
A survey released on Friday by consumer advocacy group Choice found passengers rated Jetstar lowest or equal lowest in six of nine categories.
ResMed's US software unit, Brightree, and strong demand for respiratory face masks and machines has helped lift third-quarter revenue by 13 per cent.
Tatts Group has again rejected a takeover proposal from Pacific Consortium, prompting the predator to drop its pursuit.
Microsoft says its first quarter profit grew by nearly a third as it's cloud computing services were in high demand.
Blackmores says sales in the first nine months of the financial year are lower than a year ago, but have been improving through the year.

Testing times for Ten Network

Ten Network has heavy hitting shareholders and Logie-winning programs but earnings remain under pressure
Economists believe the Turnbull government will soon end Australian politics' decades-old damning of debt in any form and move to fund critical infrastructure.

Editor's Choice

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