Australian Securities Exchange (ASX) on Today Stocks
Times Online - Business

Woolworths hires finance veteran in shake-up

Woolworths has appointed a new chief financial officer days after the departure of a senior director raised concerns that other executives may leave the troubled retailer.
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International Herald Tribune

Rio Tinto wins up to 97 percent rise in iron ore price with Asian customers

Rio Tinto, the world's second-largest iron ore producer, secured price rises with its Asian customers of up to 96.5 percent for its ore this year, the miner said Tuesday.
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The Sydney Morning Herald Rio Tinto ends Asian steel price talks

Rio Tinto has concluded price negotiations with its Asian customers for the steelmaking commodity.
07/01/08
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The Sydney Morning Herald 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.
06/27/08
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The Sydney Morning Herald Telstra fires first shot at Canberra

There are signs the nasty days of brawling between Telstra and the Government may return.
06/25/08
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The Sydney Morning Herald 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).
06/25/08
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The Sydney Morning Herald 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.
06/25/08
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Yahoo! News 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...
06/24/08
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Apple Hot News

Telstra and Apple to bring iPhone 3G to Australia on 11 July

MELBOURNE, Australia—30 June 2008—Telstra, Australia’s leading telecommunications and information services company, and Apple today announced that the highly anticipated iPhone 3G will be available to Telstra’s over 9 million Australian customers on 11 July. iPhone 3G combines all the revolutionary features of iPhone with 3G networking that is twice as fast* as the first generation iPhone, built-in GPS for expanded location based mobile services, and iPhone 2.0 software which includes support for Microsoft Exchange ActiveSync and runs the hundreds of third party applications already built with the recently released iPhone SDK.
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Forbes

Babcock & Brown Financing Deal Stiffs Short-Sellers

The embattled Australian infrastructure investment firm comes to an agreement with creditors to pay higher interest rate in exchange for them dropping review of company's debt covenants.
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The Sydney Morning Herald Babcock quiet on sell-off

Babcock & Brown has refused to confirm whether Goldman Sachs JBWere and Deutsche Bank have been named independent advisers.
06/24/08
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The Sydney Morning Herald 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.
06/24/08
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Yahoo! News 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.
06/23/08
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International Herald Tribune 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...
06/23/08
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Times Online - Business EU threat to Rio Tinto takeover

EUROPEAN regulators are this week expected to threaten to stop the proposed takeover of Rio Tinto by BHP Billiton because of the dominance the pair have over the world’s...
11/02/08
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The Sydney Morning Herald 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
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The Sydney Morning Herald

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.
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The Sydney Morning Herald

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 market on the issue.
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The Sydney Morning Herald 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.
06/20/08
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The Independent Woolworths insists new chief...

Woolworths' chairman, Richard North, maintained that its retail division can robustly grow its profits yesterday as the group parted company with its chief executive, Trevor...
06/19/08
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The Sydney Morning Herald 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.
06/19/08
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The Sydney Morning Herald Transurban faces selling pain as it...

The job ahead for infrastructure investment vehicles was laid out by Transurban's new CEO.
06/19/08
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Times Online Bartolomeu Dos Santos: printmaker and...

Bartolomeu dos Santos was perhaps Portugal's most important 20th-century printmaker.
06/19/08
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The Sydney Morning Herald Rio Tinto to invest in iron ore studies

Rio Tinto Ltd will spend $A521.96 million on the expansion of its Pilbara operations to increase output to 320 million tonnes per year.
06/18/08
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The Sydney Morning Herald Babcock finds suitors for wind farms

Babcock & Brown's wind power affiliate may get up to $3.2b for assets, which would alleviate concern about the firm's ability to repay debt.
06/18/08
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Times Online - Business Rio Tinto higher despite fear of...

The pressure on Rio Tinto to scrap big mining projects increased yesterday as Moody’s, the ratings agency, gave warning that the group’s income next year would be squeezed...
11/08/08
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