Leighton wins Australia's largest road project
May 19, 2008
Leighton Holdings and Macquarie Group have won the $4.8b contract for Australia's largest road infrastructure project.
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 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.
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.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
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.
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 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.
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.
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.
Leighton helps build Trump Tower
Leighton Holdings is part of a consortium picked to build the Trump International Hotel and Tower in Dubai.
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.
India boost for Leighton
LEIGHTON Holdings, Australia's largest construction company, has won a $1 billion order to develop and operate a greenfield open-cut coal mine in India.
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...
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 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.
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 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.
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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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.
Margin Lenders Cap Funding to Babcock
Three margin lenders stopped funding purchases of Babcock & Brown shares after a sharp drop in the firm's market value.
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.
Babcock quiet on sell-off
Babcock & Brown has refused to confirm whether Goldman Sachs JBWere and Deutsche Bank have been named independent advisers.