Lend Lease expects a profit fall
August 4, 2008
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.
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 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 to build eco-friendly schools
Lend Lease Corporation Ltd has achieved financial close to build two eco-friendly schools in England, the company says.
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 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.
Babcock & Brown shares dive on fee flow fears
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 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.
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.
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.
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.
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).
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Lend Lease revises expectations
LEND LEASE has joined the growing list of property groups to issue a 10 to 15 per cent profit downgrade for 2008-09 and to flag asset sales - this time due to the collapsing...
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Qantas reports strong fare sales in US
Qantas is reporting strong fare sales to US tourists and business travellers, despite a fortnight of bad press.
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 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. 
Australian regulator announces...
AFP - Australian civil aviation officials on Sunday announced an unprecedented special review of Qantas after three mid-air dramas in the space of two weeks threatened to...
Australian regulator announces...
AFP - Australian civil aviation officials on Sunday announced an unprecedented special review of Qantas after three mid-air dramas in the space of two weeks threatened to...
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.
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WESTPAC yesterday ruled out any need to ration lending in the global credit crisis, revealing that it had so far escaped the worst of the domestic economic slowdown.
Alumina to hit funds trail
ALUMINA Ltd has chosen to maintain its 12c a share fully franked dividend - and its dividend reinvestment plan - despite the need for up to $500 million to cover capital cost...
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