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 descending share price.
Dispute fizzles after a fashion
Commemorations to mark the 10th anniversary of the Great Waterfront Dispute have again been disrupted after Qantas engineers called off a four-hour stoppage.
Virgin cuts routes, raises fares
Virgin Blue will cut some domestic routes and raise fares in the face of rising fuel costs.
Missing - a bank to help out
Several Australian corporates have been engaged in a juggling act worthy of a Cirque du Soleil performer.
06/05/08
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Virgin heads for red
A broker warns Virgin Blue is not only losing money but could need an injection of funds if fuel prices remain at current levels.
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.
A year on, small joy for Qantas
It is doubtful many Qantas shareholders will celebrate the first anniversary of the collapse of the $11.1 billion bid for the carrier.
Back to the Wesfarmers chequebook
Michael Evans often bites off more fairy bread than he can chew.
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.
Virgin hit by fuel costs, plans higher levy
Virgin Blue expects net profit to more than halve because of higher fuel costs and greater competition, as Toll scraps its plans to sell its stake in the airline.
Virgin Blue stocks slump to record low
Shares in Virgin Blue Holdings plummeted to a record low on Monday after the carrier issued a profit warning late on Friday.
Aussie stocks drop
The Australian share market has opened 2% lower, led down by financial companies, after US stocks fell on Friday.
Swan's margin loans for investing
THE Treasurer, Wayne Swan, may have paid off his home loan long ago but he still has a personal stake in the rising interest rates and wild swings on the sharemarket in recent...
S&P refreshes its leading market indices
Standard & Poors is making changes to its leading market indices, with some major names dropping out of higher indices to be replaced by up and comers.
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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Virgin Blue H1 net profit dives
Virgin Blue Holdings has posted a fall in first half profit as higher fuel costs and increased competition continued to affect the carrier's business.
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.