John Wood’s ride on oil price wave looks safe for a while
August 27, 2008
As the price of oil has fluctuated in recent months, so has the share price of
John Wood Group, the oil services company. Yesterday’s drop in the share
price, despite an impressive set of results, proves, if proof were needed,
how closely it is linked to the overall performance of the oil and gas
industry in the market.
News Corporation’s first-quarter profits down 30% after drop in television advertising revenue
News Corporation, parent company of The Times, reported a 30 per cent drop in first-quarter profits, as falling revenues from television advertising and declining film studio sales hit the bottom line.
Heineken loses fizz through S&N acquisition
Heineken, the giant Dutch brewer which recently bought out Scottish & Newcastle (S&N) in partnership with its rival Carlsberg, today said the £10 billion acquisition had been a drag on first half earnings despite a rising thirst among consumers for its premium brands. 
Telstra make $24.8b in sales revenue
Telstra's profit grew 13.3 per cent in the year to June 30, on a jump in mobile phone revenue as customers took up services with the Next G network.
Telstra jumps Optus in mobile revenue
Telstra Corp Ltd's mobile phone revenue has surged, extending Australia's biggest telecommunications company's lead over rival Optus in the segment.
Tolls boost Transurban revenue
Transurban reports an increase in annual revenue from tolls and fees on its roads in Australia and the US.
Orica has firepower for acquisitions
Orica is looking for acquisitions to add to its explosives businesses, a day after announcing it will spin off its consumer products division.
07/22/08
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Woolies' acquisition drive blocked
Independent retailers claim victory after the ACCC blocks Woolies' strategy of 'creeping' retail acquisitions.
Woodside revenue surges
Woodside posts a 52% jump in second quarter revenue, after production rises and crude oil prices soar.
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 and toll increases.
The beat goes on
The right numbers are up. But momentum? That's another thing. A look back at last year's business events and trends and how they impacted the biggest 500 companies in Canada
Woodside Q2 revenue up 52%
Woodside Petroleum Ltd has posted a 52 per cent jump in second quarter sales revenue, after production rose and the price of crude oil soared.
Palm swings to 4Q loss as revenue...
AP - Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street...
Palm swings to 4Q loss as revenue...
Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations.
VDM narrows search for four acquisitions
Engineering firm VDM Group has narrowed its acquisition search to four potential business.
Kelly's big gamble on debt
She is touting it as a revenue-driven acquisition but the guts of Gail Kelly's tilt at St George must be reducing competition and cutting costs.
CSL to acquire Talecris for $3.4b
Blood products and vaccine firm CSL will acquire Talecris Biotherapeutics Holdings for $3.48 billion to boost its presence in the plasma therapeutics market.
08/13/08
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Google grows profit and revenue in Q1 (InfoWorld)
InfoWorld - Google posted solid growth in its revenue and profit during 2008's first quarter and exceeded Wall Street expectations in both categories amid widespread concern that the search engine giant's results would be weak.
Santos revenue up with lower production
Oil and gas producer Santos has reported a lift in revenue despite a drop in half year production due to the suspension of gas processing on Varanus Island.
ACCC rejects Woolies Karabar acquisition
The ACCC has rejected the proposed acquisition of the Karabar Supermarket in NSW by the nation's largest retailer, Woolworths Ltd, on competition concerns.
Qantas passenger revenues up 4.3%
Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.
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.
Good luck hard to find as Tabcorp...
Elmer Funke Kupper took up the reins of one of the most challenged large companies on the Australian bourse last year, Tabcorp. He has since been cornered by government...
Santos swells revenue even as...
THE recent blast at the Varanus Island gas facility, coupled with the sale of a 40 per cent stake in a planned LNG project, will continue to drag down Santos' production this...