Macquarie Airports ups distribution
May 22, 2008
Macquarie Airports (MAp) says the good performance of its airport investments in the first quarter of this year has allowed it to rise its annual distribution.
Asset Sales for Macquarie Airports
Macquarie Airports unveiled asset sales and a $872 million security buyback that market participants say is effectively a partial privatization reflecting a less-benign environment for listed infrastructure funds.
MacAirports sees only limited impact from fuel prices
Macquarie Airports said airline capacity reductions due to a higher oil price would have a limited impact as traffic grew by 7% across its airports in May.
Macquarie Airports outlook 'robust'
The chief executive of Macquarie Airports says the business outlook for the company remains robust and has a $1 billion-plus war chest at the ready.
Macquarie Airports post loss of $274m
Macquarie Airports (MAL) has delivered a half year net loss of $274 million, but says the outlook for the rest of the year is solid.
Passenger rise for Macquarie Airports
Macquarie Airports says total passenger traffic across its core airport portfolio increased by 13.1 per cent in February.
Macquarie Airports slips into loss
Macquarie Airports reports a first-half loss as financing costs and a huge adviser's fee weigh down the the bottom line.
Macquarie Airports earnings take off
Macquarie Airports earnings increase across its core portfolio in the first quarter of fiscal 2008.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
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.
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 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 & 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.
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.
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.
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.
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.
Hard landing ahead for financial...
Macquarie Airports has some great assets but if there is a downturn in air travel, watch out below.
Macquarie Airports profit rises
Macquarie Airports has reported a strong lift in annual earnings and says it's well positioned to benefit from the increased activity of low cost airlines.
Macquarie Airports profit flying high
Macquarie Airports has reported a strong lift in annual earnings and says it's well positioned to benefit from the increased activity of low cost airlines.
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.
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.