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Goodman Group (5) Australian Securities Exchange (5) Acquisition (2)

Goodman Group sells GPI for $230 million

May 6, 2008
Goodman Group Ltd has sold its Goodman Property Investors subsidiary, known as GPI, to Aberdeen Asset Management for about $230 million.
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The Sydney Morning Herald

Santos dodges takeover talk

Santos says it is in the early stages of considering "various strategic initiative", in response to a query from the Australian Securities Exchange (ASX).
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Yahoo! News

Red Wings reward Babcock for winning Stanley Cup (AP)

AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings over the next three years, Babcock's younger two kids likely will get the same opportunity.
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The Sydney Morning Herald Babcock plunges further

Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
06/13/08
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The Sydney Morning Herald ASX buoyed by earnings results

The Australian share market closed firmly in the black as solid earnings results from Telstra, Qantas, Fairfax and other major companies.
02/21/08
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The Sydney Morning Herald Babcock & Brown forecasts 15% growth

Babcock & Brown has forecast annual profit growth of at least 15 per cent in 2008 after it posted a large rise in 2007 annual profit.
02/21/08
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The Sydney Morning Herald Crown casinos continue to expand in US

Casinos operator Crown is continuing to expand in the United States and says its Australian casinos are performing strongly.
02/20/08
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The Sydney Morning Herald Orica to demerge consumer products

Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
07/21/08
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The Sydney Morning Herald Wesfarmers shares up with rising success

Wesfarmers shares rose 1.8 per cent Monday after the company finalised part of a $2.5 billion equity raising and opened it to retail shareholders.
04/28/08
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International Herald Tribune

Australian merchant bank Babcock and Brown faces lenders

Babcock & Brown Ltd., Australia's second-largest merchant bank that last week lost half its market value, is accelerating an examination of its listed funds as it faces its bankers over a potential review of its 2.8 billion Australian dollars (US$2.7 billion) corporate debt facility.
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The Sydney Morning Herald

Fairfax moves to unwind margin loan

THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the stock over recent weeks.
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The Sydney Morning Herald Alumina defends size of its board

Alumina has defended the size of its board amid criticism that it is a "post box" company.
05/01/08
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The Sydney Morning Herald Westpac offer 'in the ball park'

Most analysts say Westpac's offer of $33.10 for each St George share is fair, but some are still hoping for more.
05/13/08
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Yahoo! News BHP Billiton raises hostile bid for...

AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a...
02/06/08
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chicagotribune.com Bad loans put hurt on Amcore

Federal regulator probes lending Posting an unexpected first-quarter loss, Amcore...
04/18/08
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The Sydney Morning Herald Babcock & Brown 'set to meet guidance'

Investment group Babcock & Brown says it is on track to meet its full year earnings target.
05/30/08
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The Sydney Morning Herald Stocks to watch

Stocks of interest on the Australian Stock Exchange today.
03/18/08
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iLounge

Review: iASUS Concepts Mobile Amp

Like some other such devices, including Upbeat Audio’s Boosteroo Revolution, the pitch here is that you plug this in to the headphone port of your iPod, then turn your iPod down to a lower volume level, and use the external amp to boost the audio signal, resulting in lower iPod battery consumption and a higher maximum signal output to connected headphones. While this adds the inconvenience of dual battery charging and will be of little to no…
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The Sydney Morning Herald

GPT operating profit up

GPT Group has reported a 14.5 per cent fall in annual earnings and says it expects to maintain distributions in 2008, given challenging market conditions.
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The Sydney Morning Herald J-REP widens portfolio across Japan

Goodman Group and Macquarie Group joint venture J-REP has secured a portfolio of 14 logistics properties in Japan.
03/17/08
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WRAL.com Miner Oxiana Spends $5.8B for Zinifex

Australian miner Oxiana Ltd. will buy rival Zinifex Ltd. in a share swap worth $5.8 billion, the two companies said Monday, creating the world's second-largest producer of zinc.
03/03/08
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International Herald Tribune Australian investment firm Babcock &...

Babcock & Brown Ltd.'s shares fell as much as 32 percent Friday on concerns about its debt position, despite Australia's second largest investment bank clinching a US$7 billion...
06/13/08
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Forbes Embattled Babcock & Brown Makes Big...

In the midst of an investor crisis of confidence in the Australian investment firm, it leads consortium to purchase Angel Trains, a U.K. railcar leasing firm, from RBS.
06/13/08
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International Herald Tribune Australian investment firm Babcock &...

Investment firm Babcock & Brown Ltd. faces a potential review by lenders after its shares fell 28 percent Thursday, making it the latest Australian company to grapple with...
06/13/08
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International Herald Tribune BHP Billiton executives say Rio Tinto...

A BHP Billiton Ltd. executive said the world's largest miner will submit its first paperwork with European Union regulators regarding its planned takeover of rival Rio Tinto...
05/08/08
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