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AGL sticking to full-year profit goals

May 7, 2008
AGL Energy, Australia's biggest electricity and gas retailer, said it is ''on track'' to achieve a revised forecast for full-year earnings.
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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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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 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 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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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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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 A year on, small joy for Qantas

It is doubtful many Qantas shareholders will celebrate the first anniversary of the collapse of the $11.1 billion bid for the carrier.
05/04/08
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The Sydney Morning Herald High oil prices help fund Woodside's...

Woodside Petroleum, Australia's second-biggest oil and gas producer, said gains from rising crude-oil prices are helping the company fund its Pluto liquefied natural gas project...
05/02/08
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International Herald Tribune Westpac approaches St. George in...

Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a 15 billion Australian dollars (US$14 billion; €9 billion) takeover offer that could be...
05/12/08
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WRAL.com Australia's Westpac offers $14B for...

Westpac Banking Corp. said Monday it has approached rival St. George Bank Ltd. with a $14 billion takeover offer that could lead to the biggest shakeup of Australia's banking...
05/12/08
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The Sydney Morning Herald Westpac momentum tipped to continue

Analysts say Westpac Banking Corporation Ltd is a "safe haven" in the finance sector and are tipping its strong profit momentum to continue.
05/02/08
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The Sydney Morning Herald November is crunch time for Santos

SANTOS chairman Stephen Gerlach has told shareholders the company will probably become a takeover target in November.
05/02/08
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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 Telstra gives in on network plan

The major impediment to companies other than Telstra bidding for the $4.7 billion broadband tender looks to have been cleared.
05/12/08
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The Sydney Morning Herald Santos dodges takeover talk

Oil and gas producer Santos says it is in the early stages of considering "various strategic initiative'', in response to a query from the Australian Securities Exchange.
05/02/08
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Times Online - Business Westpac Banking Corporation and St...

Westpac Banking Corporation, Australia's oldest company, is in talks with St George, a former building society, about merging to form a A$64 billion ($£31 billion) institution.
05/13/08
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The Sydney Morning Herald Newcrest expands gold arc in Pacific

NEWCREST Mining is pursuing joint venture opportunities with PT Antam in Indonesia as part of its strategy of building a "Pacific arc" of gold projects.
05/01/08
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The Sydney Morning Herald Woodside fears rising labour costs

Woodside Petroleum maintains its 2008 production guidance, but says scarcity of labour and the rising cost of materials are the largest threats to its growth and profitability.
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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