Amcor profit down on higher costs
August 21, 2008
Amcor reported a 7% fall in annual profit, due to higher wastepaper, energy and freight costs and says it expects continued profit growth in packaging.
Amcor ups stake in packager Amvig
Amcor Ltd has increased its exposure to Asia's booming tobacco industry by bumping up its stake in Hong Kong-listed cigarette packager Amvig Holdings.
Amcor bumps ups stake packager Amvig
Amcor has increased its exposure to Asia's booming tobacco industry by bumping up its stake in Hong Kong-listed cigarette packager Amvig Holdings Ltd.
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
Similar news about Amcor Ltd.
Amcor sells packaging plants in Europe
Amcor will sell two packaging plants in Sweden and the United Kingdom as part of a restructure of its Western European flexible packaging operations.
04/15/08
Similar news about Amcor Ltd.
Amcor sells flexible packaging plant
Amcor Ltd will sell its flexible packaging plant in Perth, Western Australia, for $35 million.
06/02/08
Similar news about Amcor Ltd.
Amcor vulnerable - another executive...
Amcor's besieged cardboard box business is about to lose yet another high-ranking executive
03/16/08
Similar news about Amcor Ltd.
Amcor underlying profit stays flat
Global packaging giant Amcor warned it is facing challenging economic times after booking a flat profit from continuing operations.
02/20/08
Similar news about Amcor Ltd.
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.
Amcor reports yearly profit down 51%
Packaging group Amcor Ltd has posted a 51.5 per cent fall in annual profit and said slowing world economic growth may hurt its sales in the new financial year.
Amcor clarifies debt situation
Amcor issues a clarification on its debt profile after an analyst erroneously reported the packaging giant needed to refinance $1.76b over the next 12 months.
Westpac's issue of convertible shares...
Westpac's $600 million convertible preference share issue is the third from a major financial group in a month-and-a-half but it won't be the last.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Red Wings reward Babcock for winning...
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...
BHP Billiton abandons bid for Rio Tinto
BHP Billiton Ltd., the world's biggest mining company, abandoned a hostile $68 billion takeover bid for rival Rio Tinto Ltd., blaming the global economic downturn and plunging...
Rio Tinto says it is comfortable with...
Mining giant Rio Tinto on Wednesday sought to allay concerns about its debt levels a day after bigger rival BHP Billiton abandoned a takeover bid for that reason, sending Rio's...
Wesfarmers expecting solid growth
Coles owner Wesfarmers has delivered a 33.6 per cent rise in annual profit and expects solid growth again this year despite a tougher economic environment.
Amcor H1 profit up 30%
Packaging company Amcor Ltd has reported a 30.8 per cent rise in first half profit and warns that some of its businesses face challenges in the second half.
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.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
Wesfarmers denies buying a bad apple
THE managing director of Wesfarmers has denied that earnings at its supermarkets and bottle shops have gone backwards.
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.
Qantas profit up but outlook uncertain
Qantas expects a 41 per cent fall in profit this financial year as the airline faces the headwinds of rising fuel costs and a slowing global economy.
Qantas full-year profit up 44%
Qantas has increased its full year profit by 44.1 per cent but says it is starting to feel the effect of higher fuel costs amid an uncertain economic outlook.
Stocks to watch
Stocks of interest on the Australian stock exchange today.