Centro books H1 net loss of $1.1b
February 29, 2008
Investors took a knife to shares in Australia's troubled Centro Properties Group on Friday, paring more than $100 million off its market value.
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.
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…
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
Similar news about Qanta Airways
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.
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
Similar news about Zinifex Ltd.
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.
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.
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.
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.
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.
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.
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
Similar news about Zinifex Ltd.
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.
ASX over 2% lower at noon
The Australian stock market fell over three per cent following large falls on Wall Street last week and dragged down by local banks.
Telstra spending placed on hold
TELSTRA will delay investing in some telecommunications infrastructure until it knows whether it has won the right to build an $8 billion-plus national broadband network.
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).
Write-off, but Leighton on track
LEIGHTON HOLDINGS has reaffirmed its full-year profit forecasts remain intact, despite the contractor writing off the remainder of its $117.5 million direct and indirect investments in Sydney's Lane Cove Tunnel.
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.
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.
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...
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...
Fortescue confident of ore expansion
FORTESCUE Metals has expressed so much confidence in its ability to expand to 110 million tonnes of iron ore production a year that it has booked a huge half-year loss for...