Bollywood strikes Hollywood deal
May 20, 2008
Arts & entertainment: Indian billionaire to make 10 films for world market, as weak US economy courts foreign investment
Britain's Blinkx flies on Google, Newscorp bid talk (Reuters)
Reuters - Shares of British video search engine firm Blinkx surged 50 percent to a seven-month high on Friday, on talk that Internet giant Google and media conglomerate NewsCorp may bid for the firm.
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).
ASX high at noon as Wall St soars
The Australian stock market was up at noon as News Corporation Ltd reported robust fourth-quarter and full-year results.
08/06/08
Similar news about ANZ Bank
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
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.
ASX marginally in the red
The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
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
Similar news about Qanta Airways
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.
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.
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.
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.
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.
Yahoo Is Said to Be in Talks With...
The discussions stem from an approach that Yahoo’s bankers made to News Corporation in an effort to find a “white knight” and avoid a hostile takeover by Microsoft.
Yahoo Is Said to Be in Talks With...
The discussions stem from an approach that Yahoo’s bankers made to News Corporation in an effort to find a “white knight” and avoid a hostile takeover by Microsoft.
Yahoo Is Said to Be in Talks With...
The discussions stem from an approach that Yahoo’s bankers made to News Corporation in an effort to find a “white knight” and avoid a hostile takeover by Microsoft.
Woodside's Mauritania bribe claims end
Energy producer Woodside Petroleum Ltd says it has been cleared of allegations of bribing an official while operating in the African nation of Mauritania.
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.
News Corporation joins Microsoft in takeover talks about Yahoo!
Microsoft is in discussions with News Corporation, parent company of The Times, about a possible joint bid for search engine Yahoo! that could tilt the takeover battle decisively in favour of the predators.
Tabcorp applies for NT wagering licence
Tabcorp Holdings says it has lodged an application with the NT government for a racing and sports wagering licence.
Westpac may have to boost $17.6...
Reuters - Westpac Banking Corp Ltd , which
has bid $17.6 billion for St George Bank in the
biggest banking takeover ever in Australia, is bracing for
rival offers to emerge...
Telstra's T3 investors get their just...
With the final T3 instalment payments due within days, the end of government ownership of the telco is imminent.
Babcock pledges cash for B&B Power
Babcock & Brown is prepared to help Babcock & Brown Power with funding if the banks don't.
Fortescue delivers on time
Andrew Forrest says he would welcome any Chinese firm as an investor, as Fortescue defies sceptics and loads its first iron ore.
Babcock satellite's voyage in the rough
Babcock & Brown's leveraged infrastructure model is bound to come under further pressure this week following Friday's dramatic events in satellite group Babcock & Brown Power.