Lend Lease to build eco-friendly schools
July 8, 2008
Lend Lease Corporation Ltd has achieved financial close to build two eco-friendly schools in England, the company says.
Lend Lease slides as FKP rejects bid
LEND LEASE'S security price was hard hit yesterday amid market concerns over its ability to fund the London 2012 Olympic project and following the rejection of its $1.3 billion bid for the rival FKP Property Group.
Lend Lease profit falls as expected
Property group Lend Lease has posted a 46.7 per cent fall in annual profit and says it has begun a global search for a successor to chief executive Greg Clarke.
Lend Lease revealed as BBC mystery buyer
Property giant Lend Lease Corp today revealed itself as the mystery buyer that seized a 6% stake in Babcock & Brown Communities (BBC).
Lend Lease stakes out Babcock arm
Property giant Lend Lease has revealed itself as the mystery buyer that seized a six per cent stake in Babcock & Brown Communities Group.
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.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Lend Lease annual profit down 47%
Lend Lease Corp Ltd has posted a 46.7 per cent fall in annual profit, after booking negative property revaluations and adjustments to the value of UK assets.
ASX closes lower after financials fall
The Australian share market closed lower after falls from the financial sector, with Babcock & Brown suffering a heavy loss amid a drop in interim profit.
Lend Lease increases stake in Babcock
Property giant Lend Lease Corporation has upped its stake in retirement homes fund Babcock & Brown Communities Group from 6.18 per cent to 7.27 per cent.
FKP rejects $1.3b Lend Lease offer
FKP Property Group shares surged nearly 30 per cent after the company revealed it had rejected a $1.3b takeover offer from Lend Lease Corporation Ltd.
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.
Lend Lease to develop Blakeview site
Property developer Lend Lease Corporation Ltd has been selected as the preferred tender for the development of a site at Blakeview in South Australia.
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).
05/02/08
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Lend Lease suffers 2012 Olympic set back
Development firm Lend Lease says it is experiencing funding delays over plans to build the 2012 Olympic games Athlete's village.
Lend Lease tips profit plunge
Lend Lease expects operating net profit to fall 47% this year as it writes down inventories in the UK and reduces the value of investments.
Analysts slash GPT earnings outlook
GPT saw a further 11 per cent dive in its share price yesterday to its lowest level in its 37-year history, as brokers took the knife to the trust's earnings forecast for the...
07/08/08
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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.
Lend Lease expects a profit fall
Lend Lease Corporation Ltd expects profit to fall 47 per cent this year as the company writes down inventories in the UK and reduces the value of investments.
Transurban toll revenue jumps
Toll road operator Transurban has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States, helped by higher traffic volumes...
Transurban tolls and fees pay off
Toll road operator Transurban Group has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States.
GPT cuts income guidance to $464m
GPT Group cut its guidance for full-year operating income to $464m from $633m due to the deterioration in global credit markets.
07/07/08
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Telstra gears up for ad blitzkrieg
TELSTRA'S outgoing brand chief and Sol Trujillo import, Bill Obermeier, will remain in Australia for at least two years to spearhead a "world leading" digital marketing venture...
BHP Billiton and China's Baosteel...
BHP Billiton said Friday it has reached agreement with China's Baosteel on prices for iron ore deliveries, securing increases of up to 96.5 percent after protracted negotiations.
Amcor searches for 'way forward'
Amcor's disappearance this month from the Top 25 holdings of one of the largest investment specialists spoke volumes.
07/14/08
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