Write-off, but Leighton on track
May 15, 2008
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 investments in Sydney's Lane Cove Tunnel.
Australia's Leighton Holdings wins US$720 million India pipeline project
Leighton International, a subsidiary of Australia's Leighton Holdings Ltd., said Tuesday that it has won a US$720 million (€470 million) to build pipelines offshore the west coast of India.
$4.8b project will be Leighton's biggest
LEIGHTON Holdings has secured its largest construction project, after the Queensland Government named the BrisConnections consortium the preferred bidder to build a $4.8 billion toll road and busway connecting Brisbane's CBD, airport and northern suburbs.
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.
Leighton secures over $1.5b in contracts
Leighton Holdings, Australia's biggest construction company, has secured over $1.5 billion in development contracts in Indonesia and Abu Dhabi.
Leighton scores major contracts
Leighton Holdings, Australia's biggest construction company, has secured more than $700 million of development contracts in Indonesia and Abu Dhabi.
Leighton sees 'tsunami' of opportunities
Leighton Holdings CEO Wal King says the Middle East region is in a construction frenzy and his company intends to take full advantage of the boom.
Leighton wins Australia's largest...
Leighton Holdings and Macquarie Group have won the $4.8b contract for Australia's largest road infrastructure project.
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.
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).
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.
Leighton helps build Trump Tower
Leighton Holdings is part of a consortium picked to build the Trump International Hotel and Tower in Dubai.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Leighton wins projects in Asia
Leighton Asia, a subsidiary of Leighton Holdings, has been awarded three new projects worth $US300 million ($A326.12 million) in Hong Kong and the Philippines.
Leighton wins India oil pipeline project
Australia's biggest construction company, Leighton Holdings, has won a $US720 million ($A795 million) contract to build an oil and gas pipeline in India.
Leighton surges on Accor Hotels plan
Leighton Holdings rose by the most in more than 10 years following a report that the company may form a $700 million alliance with Accor to build hotels in India and China.
Australia's Leighton Holdings posts...
Australia'a largest construction company, Leighton Holdings Ltd., said Thursday its unaudited operating profit for the nine months ended March 31 rose 37 percent to 375 million...
Telstra rivals slam broadband tender
TELSTRA'S competitors have lashed out at the Federal Government after it released details yesterday of the tender for a national $8 billion-plus broadband network which they believe favours the dominant telecom.
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. 
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...
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.
Leighton wins $700m Qld road contract
Leighton Holdings has been appointed the principal contractor for the $700 million Ipswich Motorway upgrade in Queensland.
Leighton arm wins $344m mining contract
Leighton Holdings subsidiary HWE Mining has won a $344 million contract with mining giant Rio Tinto to provide mine development services in the Pilbara.
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
Similar news about GPT Group
Leighton clinches three Asian projects
Leighton Asia has been awarded three new projects worth a total of $A326.12 million in Hong Kong and the Philippines.