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.
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 investment.
There's more to this tale
Michael Evans admires the Apple Isle's finest knight and trusty steed.
Petrol prices erode profits
Skyhigh petrol prices will soon be felt not only at the bowser, with earnings expected to be downgraded as margins are squeezed.
Sour end to a lucrative friendship
Michael Evans makes a virtue of re-paying friends and foes alike.
Shares dip as investors take profits
THE Australian sharemarket dipped 1.6 per cent yesterday after Wall Street provided a lacklustre lead and energy and base metal prices fell overnight.
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Resources drive Aussie stocks higher
The Australian share market closed firmly in the black after a stronger prices drove resources sector higher, helping to ovecome a negative Wall Street lead.
Growth story gets lost in the translation
ASCIANO has flagged plans to raise up to $1 billion via a partial asset sale in order to ease its crippling debts, after stumbling to a humiliating $182 million loss for the year.
Stocks to watch
Stocks of interest on the Australian stock exchange today.
Do something - blame the bear
One of my colleagues picked up the phone this week with the line, "Hello ... City Morgue." And that's what it's like in a broking firm. Booming when the market booms and...
Kill the competition: Games firms sue...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Stocks set to extend losses
The Australian stock market is expected to open lower after US stocks falls overnight following a hefty jump in wholesale inflation.
ASX opens lower as US stocks fall
The Australian stock market is expected to open lower today after US stocks fell overnight following a hefty jump in wholesale inflation.
Asciano down but confident
Ports and rail operator Asciano reports a $182.1 million loss for 2007-08, but is confident of a strong year ahead.
Resources keep shares in the black
THE sharemarket rallied in afternoon trading to close marginally higher after some heavy lifting by the big miners offset jitters among the financials.
Asciano, cap in hand
Asciano boss Mark Rowsthorn will have been heartened by the success of the recent Wesfarmers issue as he works out the best way to raise capital without spooking an already sceptical investor base.
A grand view of the rubble
Michael Evans dreams of one day flying high above his troubles, too.
A grand view of the rubble
Michael Evans's dreams of one day flying high above his troubles, too.
Infrastructure assets still alluring
The informal takeover offer for Asciano shows that top infrastructure assets are still desirable in the credit crunch.
08/04/08
Similar news about Qanta Airways
Equity group bids $2.7B for...
Shares in Australian ports and rail operator Asciano Group soared Monday after the company received an unsolicited 2.89 billion Australian dollar ($2.69 billion) takeover offer...
08/04/08
Similar news about Brambles Ltd.
Asciano can't explain share price drop
Transport infrastructure company Asciano Group Ltd says it has no explanation for the fall in its share price of nearly 20 per cent.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
Reasons to be fearful as the L-shaped...
Was picking up my lunch this week and I bumped into an old colleague, a long-time broker, been around. "Let's hope we're somewhere near the bottom," I said. "It doesn't matter,"...