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FINANCE REPORT 15 January

In finance the big four banks had a mixed day of trading.
ANZ finished six cents up while the Commonwealth jumped 12.
Westpac tumbled 14 cents and National Australia Bank lost three cents.
Mining giant Rio Tinto announced that it lifted its global iron ore production by four per cent, to a record 253-million tonnes in 2012.
Its shares still closed nine cents down.
Surfwear company Billabong surged almost 16 per cent, after it announced it’s had a second takeover offer, this time from VF Corporation.
The market overall was slightly down.
One Australian dollar is buying 105 US cents and just under 79 Euro cents.