Babcock CEO, Chairman Step Down
Babcock & Brown unveiled a major overhaul of its board and management but failed to stem the drop in its share price due to continued concerns about its financial position.
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. 
From Green into the red
The former chief executive of Babcock & Brown failed to change methods to suit the market madness, writes Danny John.
Babcock quiet on sell-off
Babcock & Brown has refused to confirm whether Goldman Sachs JBWere and Deutsche Bank have been named independent advisers.
RBS raises £3.6bn from Angel Trains...
Royal Bank of Scotland (RBS) today sold Angel Trains for £3.6 billion to
Babcock & Brown, the Australian investment group.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
B&B chief nets $22m in tough year
THERE was no credit crisis when determining the pay packet of Babcock & Brown's chief executive, Phil Green, for 2007, with the beleaguered boss landing $22.1 million in...
B&B plans $1b Turkey fund
Babcock & Brown plans to raise more than $US1 billion ($A1.04 billion) for a fund to invest in Turkish infrastructure as the government steps up asset sales.
Margin Lenders Cap Funding to Babcock
Three margin lenders stopped funding purchases of Babcock & Brown shares after a sharp drop in the firm's market value.
Fidelity dumps stake as B&B awaits debt verdict
BABCOCK & BROWN has lost two substantial shareholders in the past fortnight, despite the company receiving a welcome reprieve yesterday with a share price bounce of 13 per cent.
Safe haven turns sour
It's a case of broken trust, as property fund investors find their funds were geared up to risky levels and sunk into overseas ventures.
Metals push stocks up
Australian stocks open higher after the price of metals including copper and gold gained overnight.
Investor urges Challenger to shut...
Challenger Infrastructure Fund's second biggest shareholder has called for the underperforming vehicle to be wound up and its assets sold.
Nasty, brutish and short
The life of a short-seller is a hard one?especially when markets turn sour and people look for someone to blameIT IS difficult being a short-seller. Most shareholders and...
Wall Street leads shares into the red
THE sharemarket closed more than 1 per cent lower yesterday, weighed down by financial stocks after setbacks on Wall Street overnight.
Kill the competition: Emergency oil...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying, what you should be thinking
Macquarie, Babcock Weigh Privatizing Funds
Macquarie and Babcock & Brown took steps that could signal a further retrenchment of their funds from public markets, the latest sign of investor skepticism over their business model.
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
Macquarie model blowtorched
Investment advisers RiskMetrics has delivered a stinging rebuke to Australia's infrastructure sector, and in particular, the Macquarie model.
Babcock & Brown profit up 70%
Babcock & Brown has reported a 70.2% rise in profit to $525 million.
Asia stocks fall, pare losses as...
Asia stocks tumbled further Thursday, tracking declines Wall Street as investors feared more companies could succumb to the financial crisis that forced the U.S. government to...
Feeling the pain on the margins
PREPARE for the onslaught.
Kill the competition: Britain shrinks...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
A sense of irony helps at Babcock
What? Babcock & Brown executives missing their bonuses as a result of "current market conditions''? No, it was just the boss being tongue-in-cheek.
ASX close flat as bank gains offset
The Australian share market closed flat as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks.
ASIC to ASX: please improve
The investment regulator overseeing the Australian Securities Exchange has called for improvements, even as it signed off on the ASX's regulation during the turbulent first...
08/14/08
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