Brambles bullish about full year outlook
Brambles Ltd increased its first half profit and is bullish about its full year prospects, as its CHEP pallet and container business continues to perform well.
Billions lost as pokies duopoly ends
MORE than $2.2 billion was wiped from the market value of the gambling giants Tatts Group and Tabcorp yesterday as the market digested the shock loss of their poker machine duopoly which will take effect in four years.
Tabcorp reports H1 profit of $273.4m
Gaming form Tabcorp says its expects tougher trading conditions ahead, after reporting a 22 per cent rise in first half net profit to $273.4 million.
Net bookies call for national market
Bookmakers say an application by Tabcorp to become a licensed NT bookmaker is a wake-up call for the racing industry to establish a national market.
First round: plug the betting leak in...
Brokers believe Tabcorp's foray is defensive and it will be back for more.
Stocks open flat as Tabcorp, Tatts slump
Tabcorp and Tatts Group slump as Australian market posts a flat opening.
Tabcorp, Tatts in trading halts
Shares in Tabcorp and Tatts Group are placed on trading halts pending announcements, the Australian stock exchange says.
Fairfax Media profit up 37.8%
Fairfax Media said it expects strong earnings growth to continue after boosting its first half profit by 37.8 per cent to $196.0 million.
News Corporation joins Microsoft in takeover talks about Yahoo!
Microsoft is in discussions with News Corporation, parent company of The Times, about a possible joint bid for search engine Yahoo! that could tilt the takeover battle decisively in favour of the predators.
Horse flu saps Tabcorp earnings
Australian gaming group Tabcorp Holdings said on Thursday first-half profit fell 3%, hit by an outbreak of horse influenza, and said it faced tougher trading conditions.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
Where Buffett goes, Macquarie follows
They're not the most obvious bedfellows, but both can sniff an opportunity.
Asciano cleans up its mess
THE ILL-FATED $585 million tilt by transport operator Asciano at the much larger pallets and storage specialist Brambles has resulted in a $85 million loss on Asciano's original...
Fairfax moves to unwind margin loan
THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the...
Fairfax launches WA news website
Fairfax Media has launched a news website in Western Australia with an attack on what it called its "lacklustre" competitors.
Fairfax launches WA online newspaper
Fairfax Media Ltd has launched an online newspaper in Western Australia to capitalise on the growth in one of the country's most prosperous states.
Fairfax books $387m annual net profit
Fairfax Media Ltd lifted its annual by nearly 47 per cent following its 2007 merger with Rural Press, and says ad markets have slowed going in to the new year.
JCDecaux in talks to buy News Outdoor Group and become world’s market leader
JCDecaux, the French advertising group, is in talks to acquire News Outdoor Group, the $1 billion ($£571 million) News Corporation-owned outdoor advertising business that revealed this week that its Moscow headquarters had been raided by Russian authorities.
Fairfax to reveal online expansion in...
THE chief executive of Fairfax Media, David Kirk, is set to reveal the company's expansion into the lucrative West Australian media market.
Two Way launches new TV wagering service
Two Way will launch its new TV wagering service, Sky Racing Active, with partners Tabcorp Ltd and Foxtel, next week.
Yahoo Is Said to Be in Talks With...
The discussions stem from an approach that Yahoo’s bankers made to News Corporation in an effort to find a “white knight” and avoid a hostile takeover by Microsoft.
Yahoo Is Said to Be in Talks With...
The discussions stem from an approach that Yahoo’s bankers made to News Corporation in an effort to find a “white knight” and avoid a hostile takeover by Microsoft.
Yahoo Is Said to Be in Talks With...
The discussions stem from an approach that Yahoo’s bankers made to News Corporation in an effort to find a “white knight” and avoid a hostile takeover by Microsoft.
Shares end week lower
The sharemarket eased a further 0.1% on Friday, as Tabcorp and Tatts Group plunged after the Victorian government decided to scrap their duopoly .
Stocks finish week slightly lower
The Australian share market closed slightly lower as gaming companies Tabcorp Holdings Ltd and Tatts Group Ltd plunged.
Victoria fences in the winners' circle
There are plenty of smart people out there whose golden investment rules include never putting money into government-regulated industries.