BJT sees FY09 distributions as steady
August 15, 2008
Babcock & Brown Japan Property Trust (BJT) has forecasts its total distributions in fiscal 2009 to stay steady after it posted a modest fall in annual profit.
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.
Babcock & Brown Financing Deal Stiffs Short-Sellers
The embattled Australian infrastructure investment firm comes to an agreement with creditors to pay higher interest rate in exchange for them dropping review of company's debt covenants.
Babcock & Brown denies being in default
Babcock & Brown, which lost almost half of its market value last week, reiterates it is not in default.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Babcock & Brown 'set to meet guidance'
Investment group Babcock & Brown says it is on track to meet its full year earnings target.
Babcock & Brown Sinks 24%
Babcock & Brown said its directors will consider changes to its management and board Thursday amid speculation it will replace its long-serving CEO, after its stock fell 24% on...
B&B units fall after parent enters...
Shares in Babcock & Brown units fell in early trading after the investment bank requested a trading halt for the parent company.
Babcock CEO, Chairman Step Down
Babcock & Brown unveiled a major overhaul of its board and management but failed to stem the drop in its share price due to continued concerns about its financial position.
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.
Australian investment firm Babcock & Brown faces potential lender review
Investment firm Babcock & Brown Ltd. faces a potential review by lenders after its shares fell 28 percent Thursday, making it the latest Australian company to grapple with rising concerns over debt and tight global credit markets.
Babcock opens self-help books ahead...
BABCOCK & Brown Communities will look at all possibilities to push its ailing share price closer to its underlying asset value as part of a strategic review.
Babcock quiet on sell-off
Babcock & Brown has refused to confirm whether Goldman Sachs JBWere and Deutsche Bank have been named independent advisers.
Babcock & Brown Power set to omit...
Babcock & Brown Power said it won't pay a second-half distribution, joining a growing list of infrastructure operators looking to strengthen its balance sheet.
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 denies default
Shares in Babcock & Brown rally after the troubled group says it is not in default or breach of its banking covenants.
Babcock struggles with banks
Troubled investment firm Babcock & Brown has begun meeting with its bankers, as it goes ahead with asset sales.
Embattled Babcock & Brown Makes Big Rail Deal
In the midst of an investor crisis of confidence in the Australian investment firm, it leads consortium to purchase Angel Trains, a U.K. railcar leasing firm, from RBS.
Australian investment firm Babcock & Brown faces potential lender review
Babcock & Brown Ltd.'s shares fell as much as 32 percent Friday on concerns about its debt position, despite Australia's second largest investment bank clinching a US$7 billion deal to buy Britain's Angel Trains.
Babcock extends share plunge
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling as much as 24% in early trading.
Babcock & Brown Shares Fall Further
Babcock & Brown's shares plunged 24%, extending their recent sharp fall, on concerns about the company's debt position, even after it clinched a $7 billion deal to buy the...
Funds 'not affected' by Babcock review
Two satellite funds managed by besieged investment house Babcock & Brown said the review affecting their parent did not affect them or their debt position.
Babcock & Brown Shares Fall Further
Babcock & Brown's shares plunged 24%, extending their recent sharp fall, on concerns about the company's debt position, even after it clinched a $7 billion deal to buy the...
Babcock & Brown Power Short-Circuited
Australian investment co.'s value falls by a fifth on problems with disruptions of gas supply at its energy subsidiary, prompting short-selling that calls into question its debt...
Babcock & Brown In Tight Spot As...
Aussie investment co.'s value falls by more than a quarter on problems with gas supply disruptions at energy unit, prompting a sell-off that calls into question its debt covenants.