Analysts warn of Transurban 'takeover'
Disappointed investors cut almost 15 per cent off the value of Transurban Group after the toll roads operator signalled cuts to its future distribution payouts.
Transurban shares drop after restructure
A capital restructure by toll road operator Transurban Group involving a near $1 billion capital raising and a cut to distributions has received mixed reviews.
Transurban restructure gets thumbs...
A capital restructure by the toll road operator has received mixed reviews from analysts, while investors hammer the shares.
Babcock CEO, Chairman Step Down
Babcock & Brown's top executives stepped down after the Australian investment firm posted a 30% drop in first-half net. Shares hit a record low.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today:
Analysts warn of Transurban 'takeover'
June 20, 2008
Disappointed investors cut almost 15 per cent off the value of Transurban Group after the toll roads operator signalled cuts to its future distribution payouts.
Transurban to raise almost $1 billion
New Transurban chief executive Chris Lynch has moved quickly to put his stamp on the toll road operator by announcing a capital raising of up to $998 million.
Australian merchant bank Babcock and Brown faces lenders
Babcock & Brown Ltd., Australia's second-largest merchant bank that last week lost half its market value, is accelerating an examination of its listed funds as it faces its bankers over a potential review of its 2.8 billion Australian dollars (US$2.7 billion) corporate debt facility.
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.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Tolls boost Transurban revenue
Transurban reports an increase in annual revenue from tolls and fees on its roads in Australia and the US.
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...
Red Wings reward Babcock for winning...
AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings...
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
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
Similar news about Santos Ltd.
Babcock & Brown shares dive on fee...
Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
Transurban Group in trading halt
The securities of Transurban Group have been placed in a trading halt pending the release of details of a placement to institutional investors.
Babcock & Brown denies being in default
Babcock & Brown, which lost almost half of its market value last week, reiterates it is not in default.