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The Sydney Morning Herald

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.
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The Sydney Morning Herald

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.
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The Sydney Morning Herald 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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The Sydney Morning Herald 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.
02/21/08
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The Sydney Morning Herald 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.
02/20/08
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The Sydney Morning Herald 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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The Sydney Morning Herald WorleyParsons profit up 61 per cent

Engineering company WorleyParsons has forecast higher earnings in the second half after posting a 61.6 per cent increase in half year profit.
02/27/08
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The Sydney Morning Herald WorleyParsons first half profit up 62%

WorleyParsons, Australia's biggest engineering company, has posted a 61.6 per cent increase in half year profit.
02/26/08
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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.
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The Sydney Morning Herald Fairfax sets it site on young...

Fairfax Media's digital arm is plunging into the fickle world of the "youth market" with a website that promises to give Australians their 15 megabytes of fame.
02/26/08
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The Sydney Morning Herald 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.
02/25/08
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The Sydney Morning Herald 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.
02/25/08
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The Sydney Morning Herald 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...
02/25/08
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The Sydney Morning Herald 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...
02/24/08
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The Sydney Morning Herald Rivals kept busy as Telstra takes...

TELSTRA is raising the stakes in its attempt to lift the rent on its copper-wire telephone network by pursuing legal action almost every time the competition regulator releases...
03/02/08
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Yahoo! News

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.
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The Sydney Morning Herald

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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The Sydney Morning Herald Zinifex, Oxiana merge into $12b company

Oxiana has agreed to a $6.2 billion merger with Zinifex to create the world's second largest zinc producer, ending months of speculation.
03/03/08
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The Sydney Morning Herald Zinifex stumps up for Oxiana deal

Although it is billed as a merger of equals, Zinifex has worked to get the deal it wants and needs.
03/03/08
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The Sydney Morning Herald A sense of irony helps at Babcock

What? Babcock & Brown executives missing their bonuses as a result of "current market conditions''? No, it was just the boss being tongue-in-cheek.
03/03/08
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The Sydney Morning Herald 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.
02/22/08
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The Sydney Morning Herald Wesfarmers H1 profit up to new record

Wesfarmers' $20 billion acquisition of Coles Group has helped fill its coffers with a record interim profit.
02/22/08
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The Sydney Morning Herald Allegiance ticks Zinifex-Oxiana merger

Takeover target and nickel miner Allegiance Mining says its nickel asset will be in good hands if a planned takeover of Zinifex by Oxiana goes ahead.
03/03/08
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