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Australian Securities Exchange (7) Fortescue Metals Ltd. (3)

Fortescue delivers on time

May 15, 2008
Andrew Forrest says he would welcome any Chinese firm as an investor, as Fortescue defies sceptics and loads its first iron ore.
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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 Fortescue chair loses $20m in Opes saga

Fortescue Metals Group chairman Herb Elliott appears to have lost more than half of his $38 million fortune after the Opes Prime collapse.
04/07/08
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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 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.
02/27/08
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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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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 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 Fortescue sets sail across the ditch

FORTESCUE METALS - the self-proclaimed "new force in iron ore" - is seeking to conquer new territory: New Zealand.
07/29/08
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The Sydney Morning Herald Fortescue to double iron ore production

FORTESCUE METALS is forging ahead with plans to more than double its annual production capacity to 120 million tonnes of iron ore a year.
08/11/08
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The Sydney Morning Herald Babcock & Brown shares dive on fee...

Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
08/19/08
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The Sydney Morning Herald Write-off, but Leighton on track

LEIGHTON HOLDINGS has reaffirmed its full-year profit forecasts remain intact, despite the contractor writing off the remainder of its $117.5 million direct and indirect...
05/15/08
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The Sydney Morning Herald Leighton reports 37% profit rise

Leighton Holdings announced a 37 per cent increase in net operating profit for the first nine months of fiscal 2008.
05/15/08
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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

Fortescue looking to bulk up quickly

FORTESCUE Metals Group is about to embark on its next stage of expansion, confident that demand for iron ore will remain strong for more than a decade, and signalling that its initial focus will be on increasing production from its base in Western Australia's Chichester Ranges.
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The Sydney Morning Herald BHP and Rio Tinto lead market higher

The Australian sharemarket closed higher yesterday, boosted by strong rises in global miners BHP Billiton and Rio Tinto.
05/14/08
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International Herald Tribune Shares of BHP Billiton, Rio Tinto...

Shares of BHP Billiton Ltd. and Rio Tinto Ltd. surged in Australia on Wednesday as fresh rumors swirled around the two companies linked by what could be the largest takeover...
05/14/08
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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 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 Australia's Westpac bids $17.6...

Reuters - Westpac Banking Corp Ltd launched a $17.6 billion all-share bid for smaller rival St George Bank Ltd in a tie-up that would create Australia's biggest bank by...
05/13/08
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International Herald Tribune St. George Bank agrees to Westpac...

St. George Bank agreed Tuesday to a nearly 19 billion Australian dollar (US$18 billion; €12 billion) takeover offer from Westpac Banking Corp. that would create Australia's...
05/13/08
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