Macquarie Group buys into US funds business
March 6, 2008
Macquarie Group, Australia's biggest securities firm, agreed to buy a majority stake in Allegiance Investment Management LLC to increase fixed-income assets by $US4.5 billion ($4.8 billion). Terms weren't disclosed.
Macquarie Group annual profit up 23%
Macquarie Group has delivered a 23 per cent lift in annual profit but says it may be a challenge to repeat its performance this year due to volatile markets.
Volatile credit markets may dent Macquarie Group
Macquarie Group admitted yesterday that volatile credit markets might break its 16-year run of rising profits next year, even as it said that the squeeze may be easing.
Leighton wins Australia's largest...
Leighton Holdings and Macquarie Group have won the $4.8b contract for Australia's largest road infrastructure project.
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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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.
Macquarie Group director steps down
Macquarie Group director Nicholas Moore has temporarily stepped down pending approval of his reappointment to the role under the Broadcasting Services Act.
Macquarie loses $750m
MACQUARIE Group lost about $750 million in the market value of its big Australian listed investment funds last financial year.
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.
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...
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...
BHP Billiton raises hostile bid for...
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...
Telstra rivals slam broadband tender
TELSTRA'S competitors have lashed out at the Federal Government after it released details yesterday of the tender for a national $8 billion-plus broadband network which they...
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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$80m It's off the planet
THE chief executive of Macquarie Group, Allan Moss, will leave the "millionaires factory" with a fortune worth more than $80 million, setting new standards in a debate about how...
Macquarie Group reports 23 percent...
Toll road developer Macquarie Group Ltd. reported a 23 percent annual profit rise Tuesday, helped by strong growth in its assets under management as it continues its...
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.
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…
High Court judges throw out Telstra's...
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.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
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...
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.
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.