Stocks tipped to rise for third day
February 26, 2008
Shares are set to rise, buoyed by another advance on Wall Street.
GPT operating profit up
GPT Group has reported a 14.5 per cent fall in annual earnings and says it expects to maintain distributions in 2008, given challenging market conditions.
Takeover talk not surprising: GPT chief
GPT Group chief executive Nic Lyons says it's not surprising the property trust has been the target of takeover talk, given its strong portfolio of assets.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
02/27/08
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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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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
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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.
GPT slashes earnings forecast
Property trust GPT Group cuts its guidance for full-year operating income to $464 million from $633 million.
07/07/08
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Review: iASUS Concepts Mobile Amp
Like some other such devices, including Upbeat Audio’s Boosteroo Revolution, the pitch here is that you plug this in to the headphone port of your iPod, then turn your iPod down to a lower volume level, and use the external amp to boost the audio signal, resulting in lower iPod battery consumption and a higher maximum signal output to connected headphones. While this adds the inconvenience of dual battery charging and will be of little to no…
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
GPT shares slump to 24-year low
GPT shares drop further after the company's credit rating is lowered.
07/09/08
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Allegiance accepts revised Zinifex bid
Nickel miner Allegiance Mining has finally thrown its support behind Zinifex's all-cash takeover bid after the offer was sweetened on Monday.
Zinifex H1 net profit up 74.3% to $1.3b
Zinifex has recorded 74.3 per cent rise in first half profit and says demand for zinc is expected to remain healthy in 2008.
Zinifex soars after Allegiance bid...
Zinifex has recorded 74.3% rise in first-half profit and said demand for zinc is expected to remain healthy in 2008 stoked by strong Chinese buying. Separately, Allegiance...
Profit down, GPT speeds up exit from...
THE diversified developer and funds manager GPT has avoided a potentially dangerous pothole with a decision to speed up its exit from a $7.1 billion European joint venture with...
Australian stocks firmer on US lead
The Australian stock market was firmly in the black at noon on the back of third straight day of gains on Wall Street and stronger commodity prices overnight.
BHP Billiton raises hostile bid for Rio to 147.4 bln dlrs (AFP)
AFP - BHP Billiton sweetened its hostile takeover bid for Rio Tinto on Wednesday by lifting its valuation of the mining giant to 147.4 billion dollars as it seeks to exploit a resources boom driven by China.
GPT accounts for changes and costs
GPT Group says finance costs tied to the changes in its credit ratings by ratings agencies have been accounted for in the assumptions underlying its guidance.
Transurban likes Nth America
Transurban has ruled out a separate stock market listing for its specialist investment vehicle in North America as it bids to add other major international highways to its...
Qantas plans two-tier workforce
QANTAS has signalled plans to establish a two-tiered workforce that will see some full-time employees hired on less pay and lower conditions than existing staff.
Wesfarmers H1 profit up to new record
Wesfarmers' $20 billion acquisition of Coles Group has helped fill its coffers with a record interim profit.
Wesfarmers shares rebound after...
Wesfarmers shares rebound as retailer says its outlook remains positive.
Tabcorp to spend over $300m on Star City
Tabcorp Holdings Ltd will spend more than the $300 million originally planned for the expansion and refurbishment of its Star City casino in Sydney.
Telstra dazzles with bumper profit
Telstra has reported a bumper 13 per cent lift in first half profit, surprising investors who lifted its shares by two per cent.