Babcock opens self-help books ahead of takeover
BABCOCK & Brown Communities will look at all possibilities to push its ailing share price closer to its underlying asset value as part of a strategic review.
National Australia Bank shares fall 10%
National Australia Bank shares have dropped 10 per cent after the bank announced an extra $830m loss on its exposure to US mortgage-backed debt securities.
Newcrest surges on energy supply deal
Newcrest says it has secured sufficient gas supplies to maintain full production at its flagship WA Telfer gold mine.
Qantas names new chief
Qantas names Alan Joyce, the head of its Jetstar offshoot, as chief executive of the airline group.
Qantas names Jetstar's Joyce to...
Reuters - Qantas Airways Ltd said on
Monday Alan Joyce will take over as chief executive, taking the
baton from Geoff Dixon who steps down after a string of belt
tightenings...
Telstra fires first shot at Canberra
There are signs the nasty days of brawling between Telstra and the Government may return.
Lend Lease revealed as BBC mystery buyer
Property giant Lend Lease Corp today revealed itself as the mystery buyer that seized a 6% stake in Babcock & Brown Communities (BBC).
Lend Lease stakes out Babcock arm
Property giant Lend Lease has revealed itself as the mystery buyer that seized a six per cent stake in Babcock & Brown Communities Group.
Qantas jet lands with gaping hole in fuselage (AP)
AP - The 346 passengers were cruising at 29,000 feet Friday when an explosive bang shook the Qantas jumbo jet. The plane descended rapidly. Oxygen masks dropped from the ceiling as debris flew through the cabin from a hole that had suddenly appeared in the floor.
Qantas jet lands with gaping hole in fuselage (AP)
AP - The 346 passengers were cruising at 29,000 feet Friday when an explosive bang shook the Qantas jumbo jet. The plane descended rapidly. Oxygen masks dropped from the ceiling as debris flew through the cabin from a hole that had suddenly appeared in the floor.
Fairfax discusses margin call risk
THE Fairfax Media board has discussed the implications of a margin loan over 159 million shares held by the director John B. Fairfax, but yesterday made no announcement to the...
Fortescue sets sail across the ditch
FORTESCUE METALS - the self-proclaimed "new force in iron ore" - is seeking to conquer new territory: New Zealand.
China agrees to pay Rio Tinto nearly...
AFP - China's Baosteel said Tuesday it would nearly double the price it pays mining group Rio Tinto for iron ore, in a deal experts said underscored the Asian giant's lynchpin...
Rio Tinto to invest 2.15 bln dlrs in...
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
Rio Tinto to invest $2.15 bln in...
AFP - Anglo-Australian mining giant Rio Tinto announced Wednesday that it will invest 2.15 billion US dollars in a major expansion of its iron ore mine in Corumba, Brazil.
Babcock quiet on sell-off
Babcock & Brown has refused to confirm whether Goldman Sachs JBWere and Deutsche Bank have been named independent advisers.
Qantas CEO retires, replaced by Jetstar CEO Joyce (Reuters)
Reuters - Qantas Airways Ltd Chief Executive named Alan Joyce as its new chief executive on Monday, with Geoff Dixon retiring after eight years heading Australia's largest airline.
Qantas Probe Focuses on Cylinder
Investigators suspect that an oxygen bottle exploded and punched a 9-foot-long hole in the fuselage of a Qantas jet. Now, Boeing is considering stepped-up inspections of such pressurized cylinders on some other Boeing 747 aircraft.
Qantas flies around strife
QANTAS's share price fell to its lowest level in almost two years yesterday as a prolonged and bitter pay dispute continued to hurt the airline.
Rio Tinto to hike iron ore price for...
AFP - Anglo-Australian mining group Rio Tinto said Monday that it had agreed a near doubling of the price of its iron ore sales to Chinese steel maker Baosteel.
China's Baosteel agrees to nearly...
China's biggest steel producer, Baosteel Group, agreed to price hikes of up to 96.5 percent with iron ore supplier Rio Tinto, the companies said Monday, amid surging demand for...
Alumina H1 profit drops 84.6%
Alumina Ltd, minority partner of the Alcoa World Alumina & Chemicals (AWAC) group, has delivered an 84.6 per cent drop in first half profit.
07/31/08
Similar news about Alumina Ltd.
Alumina to hit funds trail
ALUMINA Ltd has chosen to maintain its 12c a share fully franked dividend - and its dividend reinvestment plan - despite the need for up to $500 million to cover capital cost...
07/31/08
Similar news about Alumina Ltd.
Rio Tinto says Guinea goes back on...
AFP - Anglo-Australian mining giant Rio Tinto said Sunday a concession which potentially could open a massive new iron ore field in west Africa appeared to have been rescinded.
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.
Qantas reports strong fare sales in US
Qantas is reporting strong fare sales to US tourists and business travellers, despite a fortnight of bad press.