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Business Spectator1,399 articles
3 months, 3 weeks ago
S&P affirms QBE, PMI ratings
Standard & Poor's Ratings Services ( S&P ) has affirmed its ' A - ' rating on QBE Insurance Group Ltd and its ' A+ ' ratings on QBE's core ...
Business Spectator - 2:14 p.m. Friday 15th August 2008
Business Spectator - 2:14 p.m. Friday 15th August 2008
Gunns shares dive on FY08 profit downgrade
Timber company Gunns Ltd's shares have slumped more than seven per cent after the company cut its profit expectations following challenging conditions in the softwood market and higher interest ...
Business Spectator - 2:14 p.m. Friday 15th August 2008
Business Spectator - 2:14 p.m. Friday 15th August 2008
PMP's pressing issues
A great many Australian businesses can relate to the problems which PMP Limited revealed in this week ' s profit report.PMP is Australia ' s largest printer and the swing ...
Business Spectator - 1:22 p.m. Friday 15th August 2008
Business Spectator - 1:22 p.m. Friday 15th August 2008
Rupert's pension problem
Rupert Murdoch's $ US5. 7 billion purchase of Wall Street Journal publisher Dow Jones has exacerbated News Corp's growing pension liabilities problem at a time when its pension fund assets ...
Business Spectator - 12:52 p.m. Friday 15th August 2008
Business Spectator - 12:52 p.m. Friday 15th August 2008
Northern Energy sees $8m for coal projects
Northern Energy Corp Ltd is raising $8 million to fund exploration and development work on its coal projects, and to participate in the Wiggins Island Coal Terminal Final Feasibility Funding ...
Business Spectator - 10:46 a.m. Friday 15th August 2008
Business Spectator - 10:46 a.m. Friday 15th August 2008
Rio Tinto hit by unplanned alumina refinery shutdown
Rio Tinto Ltd has confirmed an unplanned shutdown at its Yarwun alumina refinery in northern Australia, after a report said the global miner's alumina business could lose $ US12 million ...
Business Spectator - 10:16 a.m. Friday 15th August 2008
Business Spectator - 10:16 a.m. Friday 15th August 2008
Xstrata extends $540mbid for Indophil
Xstrata plc has extended its $540 million takeover bid for Indophil Resources NL, its joint venture partner in the $3 billion Tampakan copper and gold project in the Philippines.The offer ...
Business Spectator - 10:16 a.m. Friday 15th August 2008
Business Spectator - 10:16 a.m. Friday 15th August 2008
Silence implies consent
The decision by Telstra ' s management to bypass the unions and pitch an offer to its employees is just further evidence of how far the philosophical underpinnings of the ...
Business Spectator - 8:02 a.m. Friday 15th August 2008
Business Spectator - 8:02 a.m. Friday 15th August 2008
3 months, 3 weeks ago
Allco gets $90m from Singapore sale
Embattled financial services firm Allco Finance Group has completed the sale of part of its Singaporean real estate business and says it will use the $90 million it has reaped ...
Business Spectator - 8:27 p.m. Thursday 14th August 2008
Business Spectator - 8:27 p.m. Thursday 14th August 2008
BHP Billiton appoints new directors
Mining giant BHP Billiton Ltd has said two new non - executive directors, Alan Boeckmann and Keith Rumble, will join its board from September 1.BHP chairman Don Argus said that ...
Business Spectator - 4:53 p.m. Thursday 14th August 2008
Business Spectator - 4:53 p.m. Thursday 14th August 2008
Straits Resources seeks acquisitions for coal unit
Miner Straits Resources Ltd plans to grow its coal unit through acquisitions, and was targetting deals worth between $1 - $2 billion in Australia.Straits Resources, which owns 47 per cent ...
Business Spectator - 4:23 p.m. Thursday 14th August 2008
Business Spectator - 4:23 p.m. Thursday 14th August 2008
She'll be REIT
Stockland ' s Matthew Quinn appears far more sanguine about the state of property markets than many of his A - REIT peers despite the near - halving of Stockland ...
Business Spectator - 3:36 p.m. Thursday 14th August 2008
Business Spectator - 3:36 p.m. Thursday 14th August 2008
CSL completes institutional equity raising
CSL Ltd has completed the institutional component of the equity raising to part fund its $3.48 billion acquisition of Talecris Biotherapeutics Holdings Corp, at a final price of $36.75 per ...
Business Spectator - 2:40 p.m. Thursday 14th August 2008
Business Spectator - 2:40 p.m. Thursday 14th August 2008
Lining up for Leighton
Wal King ' s amazing cash machine - Leighton Holdings - is growing so fast that he has finally had to raise equity.Leighton has been able to finance its remarkable ...
Business Spectator - 1:03 p.m. Thursday 14th August 2008
Business Spectator - 1:03 p.m. Thursday 14th August 2008
David Jones raises FY08 profit guidance
Upmarket department store chain David Jones Ltd has raised its profit forecast for the 2008 financial year, and now expects a result of up to 25 per cent higher than ...
Business Spectator - 9:52 a.m. Thursday 14th August 2008
Business Spectator - 9:52 a.m. Thursday 14th August 2008
