Toll to make in specie dividend
Toll Holdings Ltd will pay an in specie dividend to its shareholders supported by shares from its investment in Virgin Blue Holdings Ltd.
Asciano Investors Driving A Hard Bargain
Shares in the coal and grain transportation firm and ports operator rise well past the bid price from two U.S. funds, TPG and Global Infrastructure Partners.
Kill the competition: FTSE plunge ......
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Kill the competition: Rates warning...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Stocks under pressure after US falls
The share market is expected to open lower after Wall St fell over 1% on Friday.
Australian Infrastructure Firms Rebuild
The global credit crunch has hit Australian infrastructure stocks, battering earnings and payout prospects. Now managers are dusting themselves off for a bid to win back...
Hunt for Virgin Blue buyer
VIRGIN BLUE's majority owner Toll Holdings is considering re-privatising the carrier after efforts to sell its 62.7 per cent stake were frustrated by the airline's rapidly...
Toll to make in specie dividend
July 14, 2008
Toll Holdings Ltd will pay an in specie dividend to its shareholders supported by shares from its investment in Virgin Blue Holdings Ltd.
Virgin Blue's Main Shareholder Gifts Its Stake
In a tough environment for airlines, with fuel costs sky-high, Toll Holdings unable to sell its 62.7% share, which it inherited through a prior takeover, so it offers it to its own shareholders.
Transurban toll revenue jumps
Toll road operator Transurban has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States, helped by higher traffic volumes and toll increases.
Tolls boost Transurban revenue
Transurban reports an increase in annual revenue from tolls and fees on its roads in Australia and the US.
Telstra jumps Optus in mobile revenue
Telstra Corp Ltd's mobile phone revenue has surged, extending Australia's biggest telecommunications company's lead over rival Optus in the segment.
Telstra make $24.8b in sales revenue
Telstra's profit grew 13.3 per cent in the year to June 30, on a jump in mobile phone revenue as customers took up services with the Next G network.
Virgin Blue Singin' the Blahs
Australia's second-largest carrier sees its shares plunge Monday after its Friday evening profit warning; higher fuel costs are the culprit.
Transurban tolls and fees pay off
Toll road operator Transurban Group has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States.
Qantas passenger revenues up 4.3%
Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.
Orica has firepower for acquisitions
Orica is looking for acquisitions to add to its explosives businesses, a day after announcing it will spin off its consumer products division.
07/22/08
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EU widens antitrust probe into BHP...
The European Commission on Friday widened its antitrust probe into the proposed acquisition of Rio Tinto Inc. by BHP Billiton Ltd., saying an initial investigation revealed...
ASX marginally in the red
The ASX was marginally in the red at noon, with gold stocks heavily sold off for the second consecutive day on the back of a falling gold price.
CSL to acquire Talecris for $3.4b
Blood products and vaccine firm CSL will acquire Talecris Biotherapeutics Holdings for $3.48 billion to boost its presence in the plasma therapeutics market.
08/13/08
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