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 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.
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.
Tolls boost Transurban revenue
Transurban reports an increase in annual revenue from tolls and fees on its roads in Australia and the US.
Transurban buy extra 2.5% of M7 motorway
Transurban Group has acquired an extra 2.5 per cent interest in the Westlink M7 motorway in Sydney for $38 million.
Transurban restructure gets thumbs...
A capital restructure by the toll road operator has received mixed reviews from analysts, while investors hammer the shares.
Transurban announces capital raising
Transurban Group will carry out a $659 million placement to fund growth and has sharply downgraded its distribution guidance for fiscal 2009.
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.
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.
Transurban finalises Capital Beltway
Transurban Group has finalised the funding for the Capital Beltway project in the United States.
Analyst tips a little more rein for...
Is 'announcement' another word for a flick of the switch?
ConnectEast idles in the breakdown lane
ConnectEast Group has reported average daily traffic volume of 133,722 trips during the EastLink motorway's inaugural tolling week.
Amcil reports 49% rise in profit
Amcil has reported a 49 per cent rise in annual profit and says it has entered the new financial year with a high level of cash to invest.
Transurban looks to expand to Canada
Toll road operator Transurban Group is looking to expand its operations to Canada.
Citi, Spanish group bid highest on...
A Spanish company and a unit of Citigroup Inc. teamed up to submit the largest bid for the right to lease the Pennsylvania Turnpike for the next 75 years.
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 investors' hearts and minds.
Citi, Spanish group team up for highest bid on 75-year lease for Pennsylvania Turnpike
A Spanish company and a unit of Citigroup Inc. teamed up to submit the highest bid for the right to lease the Pennsylvania Turnpike for the next 75 years.
Spanish group's $12.8 billion offer...
A Spanish group submitted the highest bid for the right to lease the Pennsylvania Turnpike for 75 years.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today:
Weather dampens tollway traffic revenue
Transurban and Macquarie Infrastructure's quarterly traffic revenues have taken a hit from the Easter holiday period.
ASX expected to open higher
The Australian stock market is expected to open higher according to the March SPI futures index.
Stocks to watch
Stocks to watch on the Australian Stock Exchange:
Market tipped to open higher
The Australian stock market is expected to open higher as New York is trading higher and base metal prices were stronger in London.