Mac airports closer to privatisation
MACQUARIE Airports has taken a big step towards privatisation after announcing the sale of large slices of its stakes in Copenhagen and Brussels airports to fund a $1 billion buyback of its shares.
Asset Sales for Macquarie Airports
Macquarie Airports unveiled asset sales and a $872 million security buyback that market participants say is effectively a partial privatization reflecting a less-benign environment for listed infrastructure funds.
From Green into the red
The former chief executive of Babcock & Brown failed to change methods to suit the market madness, writes Danny John.
Rates tipped to be left on hold
The RBA is universally tipped to leave interest rates on hold on Tuesday as more signs emerge of a slowing economy.
NAB's $100m irony
It's ironic that the largest domestic custodian business is NCS (National Custodian Services). That's National for National Australia Bank.
Macquarie profit lower
Macquarie Group says its profit for the first quarter of fiscal 2009 was lower than for the same period last year.
$80m Moss payment 'rubbish': Mac Bank
Macquarie Group chief executive Nicholas Moore, who has replaced Allan Moss, says reports that Mr Moss walked away with $80 million are "rubbish".
Macquarie shareholders question board
Macquarie Group shareholders have challenged the board about the investment bank's business model.
No strategy change for Macquarie
Investment bank Macquarie Group is confident about its business in the longer term and sees no reason to change its strategy despite some pressure on earnings.
Macquarie Forecast Boosts Shares
Macquarie doubts it will match its 2007-08 profit this fiscal year, but the bank has avoided big write-downs.
Banks push shares up
The market opens higher after Wall Street closes sharply higher as another drop in oil prices improves investor sentiment.
Macquarie buys into US funds manager
Macquarie Group has agreed to acquire a majority holding in US based fixed income funds manager Allegiance for an undisclosed sum.
Macquarie Joins in China Venture
Macquarie and Seek have teamed up to invest around $110 million in a Beijing-based online recruitment company called Zhaopin, a rare investment in mainland China by Macquarie.
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Macquarie to scale back mortgage...
Australian investment bank Macquarie Group said on Wednesday it will significantly reduce its Australian residential mortgage business because of high funding costs.
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.
Macquarie Standing Firm As Others Flounder
The Australian brokerage's earnings for the June quarter come in lower than the previous year, but it has no problem holdings and is on solid footing relative to peers in America, Europe.
Subdued outlook expected from Macquarie
Macquarie Group Ltd is expected to voice relatively subdued outlook comments at its annual general meeting as the global credit crunch slowed deal activity.
Macquarie downgrades Pacific Brands
Pacific Brands has received a downgrade from Macquarie Group, even though the brokerage conceded people change underwear regardless of the economic climate.
Macbank defends US energy play
Macquarie Group, leading investors who plan to take private Washington state's Puget Energy, rebuffed criticism the $7.1b deal carried too much debt.
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...
Fidelity dumps stake as B&B...
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...
Macquarie, Babcock Weigh Privatizing...
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...
Australia's Macquarie to form US arm
Australia's Macquarie Group is creating a US bond insurance arm, one day after two insurers were warned they may lose their top ratings.
Macquarie Sees Opportunity In Muni...
The Australian bank, leading a consortium, seeks to take advantage of the distress of the major American bond insurers, just downgraded by S&P, to establish its own U.S. business.
Australia's Macquarie to form US arm
Australia's Macquarie Group is creating a US bond insurance arm, one day after two insurers were warned they may lose their top ratings.