Australian Securities Exchange (ASX) on Today Stocks
The Sydney Morning Herald

Lend Lease cashed up for acquisitions

Property developer Lend Lease is looking for acquisitions, hoping to take advantage of the fallout in property markets driven by financial market volatility.
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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 Lend Lease grabs stake in Vic town

Lend Lease Corporation has acquired a share in Craigieburn town centre on Melbourne's northern outskirts for $73.5 million.
03/18/08
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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 Lend Lease to build eco-friendly schools

Lend Lease Corporation Ltd has achieved financial close to build two eco-friendly schools in England, the company says.
07/08/08
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The Sydney Morning Herald Lend Lease revealed as BBC mystery buyer

Property giant Lend Lease Corp today revealed itself as the mystery buyer that seized a 6% stake in Babcock & Brown Communities (BBC).
06/25/08
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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).
05/02/08
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The Sydney Morning Herald Suncorp in the dark over share price...

The Australian Securities Exchange has issued a ''please explain'' to Queensland-based banker and insurer Suncorp Metway Ltd over the sudden surge in its share price.
03/11/08
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The Sydney Morning Herald 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.
06/18/08
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WRAL.com Miner Oxiana Spends $5.8B for Zinifex

Australian miner Oxiana Ltd. will buy rival Zinifex Ltd. in a share swap worth $5.8 billion, the two companies said Monday, creating the world's second-largest producer of zinc.
03/03/08
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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 Lend Lease stakes out Babcock arm

Property giant Lend Lease has revealed itself as the mystery buyer that seized a six per cent stake in Babcock & Brown Communities Group.
06/25/08
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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

Suncorp can't explain share price surge

The Australian Securities Exchange has issued a "please explain" to Queensland-based banker and insurer Suncorp Metway over the sudden surge in its share price.
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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 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 Wesfarmers shares rebound after...

Wesfarmers shares rebound as retailer says its outlook remains positive.
02/22/08
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The Sydney Morning Herald Babcock & Brown raises more cash for...

Investment and specialised fund and asset management group Babcock & Brown today announced it raised an additional $US335 million ($364 million) of capital for infrastructure...
02/20/08
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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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Times Online - Business Oxiana and Zinifex agree £2.8bn zinc...

Australian miner Oxiana has launched an agreed A$6 billion ($£2.8 billion) takeover offer for local rival Zinifex in a bid to create the world's second-largest producer of zinc.
03/03/08
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