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.
High Court judges throw out Telstra's network challenge
TELSTRA has been dealt a blow to its campaign against regulation after the High Court ruled that rivals should not have to pay more to use its fixed-line telephone network.
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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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.
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 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.
Telstra dazzles with bumper profit
Telstra has reported a bumper 13 per cent lift in first half profit, surprising investors who lifted its shares by two per cent.
Rivals kept busy as Telstra takes pricing decisions to court
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 a pricing decision.
Zinifex soars after Allegiance bid succeeds, profit jumps
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 agreed to Zinifex's sweetened $850 million-plus takeover bid.
Telstra dials up $1.9b profit
Telstra has increased its first half profit by 13 per cent and raised its guidance for full year revenue and earnings.
Telstra expects up to 7% earnings growth
Australia's biggest telco Telstra is set to produce a first half result in line with guidance when it reports this week.
Telstra H1 earnings to rise
Telstra is set to produce an improvement in first half profit when it reports this week.
Telstra hangs up on CDMA
Telstra mobile customers still accessing its CDMA network have less than two weeks before the analog service is shut down.
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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Of Telstra, and Tricom
Telstra looms now that Murdoch and Packer's takeover plans for CBH have failed. Meanwhile, Babcock & Brown and ANZ move on Tricom.
Telstra brands ACCC a 'rogue regulator'
Telstra Corporation has called the competition watchdog a rogue regulator which did not understand that much higher broadband speeds are needed immediately.
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.
Telstra gives in on network plan
The major impediment to companies other than Telstra bidding for the $4.7 billion broadband tender looks to have been cleared.
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.
02/27/08
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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...
Telstra's T3 investors get their just...
With the final T3 instalment payments due within days, the end of government ownership of the telco is imminent.
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.