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Business News

Business News
Market Wrap: Aussie stocks close modestly higher
03 Sep 2010 - The local share market closes modestly higher. Sigma Pharmaceuticals Ltd (ASX:SIP) could face a class action relating to non-disclosure surrounding its $297 million capital raising.
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Midday: Aussie shares marginally higher
03 Sep 2010 - The local share market is marginally higher at midday. Qantas Airways Ltd (ASX:QAN) says global operating conditions have improved from historic lows, but that the aviation sector remains highly competitive.
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Fortescue denies allegations of deception
03 Sep 2010 - Fortescue Metals Group Ltd (ASX:FMG) denies allegations from its major US shareholder, Leucadia National Corporation, that is has been misleading.
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Eldorado proposes Andean merger
03 Sep 2010 - Andean Resources (ASX:AND) has been approached by Eldorado Gold Corporation (ASX:EAU) to combine the two companies.
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Heemskirk takeover offer for NQM to lapse
03 Sep 2010 - North Queensland Metals (ASX:NQM) has been advised that Heemskirk Consolidated Ltd (ASX:HSK) will drop its takeover offer for the gold producer on 10 September.
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St Barbara confirms King of the Hills viability
03 Sep 2010 - St Barbara Ltd (ASX:SBM) confirms the viability of its King of the Hills gold project in Western Australia.
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Telstra closer to selling its SouFun stake
03 Sep 2010 - Telstra Corporation Ltd (ASX:TLS) advises it is closer to selling its stake in SouFun Holdings Ltd.
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NGM recommends Paladin takeover offer
03 Sep 2010 - Paladin Energy Ltd (ASX:PDN) is a step closer to taking over NGM Resources Ltd (ASX:NQM) with NGM directors unanimously recommending shareholders accept the offer.
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Outlook: Aus shares likely to open higher
03 Sep 2010 - Aus shares likely to open higher. Fortescue Metals Group Ltd (ASX:FMG) is facing a lawsuit from a major US shareholder, Leucadia National.
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Market Wrap: Aus shares close higher
02 Sep 2010 - Aus shares close higher. Woodside Petroleum Ltd (ASX:WPL) confirms its Browse LNG development is on track to complete $1.25 billion of work.
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Midday: Aus shares higher
02 Sep 2010 - Aus shares higher at midday. Rio Tinto Ltd's (ASX:RIO) US$1.5 billion Brockman 4 iron ore mine in Western Australia has been officially opened.
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Count Financial subsidiary Countplus secures acquisition
02 Sep 2010 - Count Financial Ltd (ASX:COU) says its subsidiary Countplus Pty Ltd has made its 17th acquisition through the purchase of a 24 per cent stake in Cartwright Brown & Company Financial Planning Pty Ltd.
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AGL takeover of Mosaic Oil deemed fair
02 Sep 2010 - Mosaic Oil (ASX:MOS) says AGL Energy Ltd's (ASX:AGK) proposed takeover of the oil and gas producer has been given the green light by an independent expert.
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Fosters CFO moves to Asciano
02 Sep 2010 - Asciano Group (ASX:AIO) announces the appointment of Angus McKay as CFO, following his resignation from Foster's Group Ltd (ASX:FGL).
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Atlas Iron production at Pilbara to double
02 Sep 2010 - Atlas Iron Ltd (ASX:AGO) expects its Turner River Hub to play a key role in achieving its annual production target of 12 million tonnes of iron ore by 2012.
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Reports that Santos is planning $2B rights issue
02 Sep 2010 - Santos Ltd (ASX:STO) is reportedly planning to launch a $2 billion rights issue to help fund its Gladstone LNG project in Queensland.
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BHP amends offer for Potash Corp
02 Sep 2010 - BHP Billiton Ltd (ASX:BHP) revises its offer for Canadian fertiliser company Potash Corp.
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Outlook: Aus shares likely to open stronger
02 Sep 2010 - The Australian share market is likely to open stronger. North Queensland Metals Ltd (ASX:NQM) receives approach from a third party that could lead to a takeover offer which rivals those made by Conquest and Heemskirk.
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Brokers
Stock Watch - 01/09/10
Investment advisor Gary Glover takes a technical look at XJO, AMP, DOW, VBA, CSL, WBC, NAB, MQG.
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Property
Real Estate Report - 30/08/10
This week we conclude our series looking at the most affordable suburb within 10 kms of mainland CBDs, going to Brisbane. We hear from Property Secrets, MD, Paul Giezekamp about the essential ingredients in making money from property. And in our tax tip we look at capital works deductions, what you can claim and what you need to know to work out your claim.
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Real Estate Report - 16/08/10
This week we start a series looking at the most affordable suburbs less than 10 km from mainland capitals, starting with Sydney & Melbourne. We hear from the Solar Shop Australia, founder, Adrian Ferraretto, about the new solar credits scheme. And in our tax tip we look at what can be claimed in legal expenses on rental property.
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Latest Interviews
Clean air technology provider lists on SIM VSE
03 September 2010 – Indigo Technologies, MD, Gary Sherlock introduces the company, its technology and decision to list on the SIM Venture Securities Exchange
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Blackmores full year results
24 August 2010 – (ASX:BKL) CEO Christine Holgate talks about the result - its eighth year of record profits and sales, its move into animal health products and agreement with leading Asian healthcare company Eu Sang Yang.
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Phylogica enters into an alliance with AstraZeneca
19 August 2010 – Phylogica Limited (ASX:PYC) Non Executive Director, Nick Woolf explains the company’s shift in focus to contract work and the why major pharma are attracted to its phylomer peptide library.
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New solar credits program
12 August 2010 – Solar Shop Australia, founder, Adrian Ferrareto explains the new program, feed-in tariffs, installation options and the much better performance and look of panels today.
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Motor Traders Association, the battle between dealers and the big manufacturers
10 August 2010 - James McCall, CEO, Motor Traders' Association of NSW, discusses issues surrounding the auto industry, June vehicle sales and the health of ancillary services.
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Steve Keen’s view on the housing market
04 August 2010 -Twelve months on, Associate Professor of Economics and Finance at UWS, Steve Keen is unmoved maintaining his view that prices are heading substantially lower.
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Major copper & gold mineralisation at Nakru 1
22 July 2010 – Coppermoly (ASX:COY), MD, Peter Swiridiuk discusses drill results, mineralisation at Nakru 1 and similarities with its Nakru 2 tenement.
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Vietnam plant update
July 13 2010 – Hazelwood Resources ( ASX: HAZ) MD, Terry Butler-Blaxell reports that the project is on schedule and under budget with the first sales of ferrotungsten from the plant due March quarter of 2011
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Fund manager update
13 July 2010 – John Grace, Director of Equity at fund manager Ausbil Dexia talks about the market over the last 12 months, their performance, best picks and outlook for FY 10/ 11.
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FY end update
01 July 2010 – Rob Henderson, Chief Economist, NAB gives us an update on how the local economy is tracking at the end of the financial year.
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Home sustainability assessments
30 June 2010 – Independent Property Inspections, Founder, Leon Cupit explains what they are why they are becoming mandatory when a selling home.
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Investing in Property under the National Rental Affordability Scheme
29 June 2010 - Jo Brown from United Property Partners talks about tax incentives for investing in property under the scheme.
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SME Boardroom 12 months of operation
23 June 2010 - SME Boardroom founder, Kim Mei Li Dennis provides an update, talks about Budget outcomes for small to medium sized enterprises and plans for the year ahead.
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An alternative to Sydney housing affordability problems
18 June 2010 – Waratah Community Land Trust member Mark Swivel explains the Land Trust model , its success in the US and plans to purchase land before the end of the year in the Sydney basin.
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Unemployment drops in May to 5.2%
11 June 2010 – St George Bank, Chief Economist, Justin Smirk explains the latest figures and provides a year-end forecast.
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Depreciation schedules for investment property
11 June 2010 – Independent Property Inspections, Founder, Leon Cupit talks about the importance getting a depreciation schedule to ensure you claim all allowable deductions on investment property.
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Barrick Exploration sets up at Nakru 1 ahead of drilling over next 6 months
7 June 2010 – Coppermoly (ASX:COY), MD, Peter Swiridiuk discusses progress with joint venture partner Barrick (PNG) Exploration and its recently acquired new tenements
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Kailis Organic Olive Groves to buy assets of Great Southern
04 May 2010 – MD, Mark Kailis talks about its planned acquisition of the Olive Oil assets of Great Southern, its prospectus and marketing opportunities.
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Mobilarm to list on ASX
27 April 2010 – CEO Lindsay Lyon explains its solution to man-overboard events for marine based industry.
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Helium project for Central Petroleum (ASX:CTP)
23 April 2010 – Central Petroleum, MD, John Heugh, explains its plans to enter the helium market.
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Property inspections: due diligence on your biggest purchase.
22 April 2010 – Independent Property Inspections, Founder, Leon Cupit talks about the things you don’t see on new and existing property, that need an expert to bring them to your attention.
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Pilbara Minerals Ltd (ASX:PLS)
1 April - Pilbara Minerals Director, Mathew Walker introduces the company, its tenements and decision to raise capital.
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NiPlats: Vanadium resource quadruples
1 April– NiPlats Australia Limited (ASX:NIP), Executive Director, Richard Wolanski talks about its Vanadium resource and 2010 plans.
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Venture Minerals (ASX:VMS)
24 March 2010 - Venture Minerals (ASX:VMS), MD, Hamish Halliday announces an upgrade to its tin and tungsten project at Mt Lindsay, Tasmania.
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What to expect in 2010
01 March 2010 – BIS Shrapnel, Senior Economist, Jason Anderson talks to us about the impact of rising interest rates and the expiry of the boost to the First Home Owners Grant on house prices and affordability, looking also at rents and holiday home ownership.
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Unilife Medical Solutions
5 November 2009 - CEO Alan Shortall talks about its safety syringes, capital raising and plans to list on NASDAQ
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Xcelerator Premium Income Limited
28 October 2009 - Managing Director Andy Semple discusses its investment style, results and new issue
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Hazelwood capital raising
27 October 2009 - Executive Chairman Mark McAuliffe discusses the results of its recent capital raising.
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CBio Limited
22 October 2009 – Dr Göran Ando, Vice Chairman, Danish pharmaceutical company NovoNordisk, talks about its interest in CBio's drug XToll.
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Education
Index Options
September ‘10 - Andy Semple explains the differences between stock and index options and the advantages of trading an option with broad based exposure.
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Long dated calls
August ‘10 - Andy Semple reminds us of all about the usefulness of a simple long dated call. Less risk than owning the underlying stock with built in protection at the strike price. Why not use a long dated call for your next buy and hold trade?
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Creating a stock positions with options
July 01 - Andy Semple explains how buying a call and selling a put, same strike, same expiry creates a position equivalent to being long shares. Known as synthetic long stock it offers a low cost way to enter and exit stock.
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Covered combos
June ‘10 - Andy Semple explains how to brings in two premiums writing out of the money puts and calls, potentially selling your stock for more or adding to your position for less than the current price.
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Bull Put Spreads
May ‘10 - Andy Semple explains how the Bull spread delivers a similar return to the protected buy write for a whole lot less capital.
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Time to gear into Shares
May ‘10 - 'AAA' Commercial Mortgages, MD, John Macalyk explains the pros & cons, citing Mike Tyson as inspiration.
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Margin Lending & Options
April ‘10 - Andy Semple explains why sensible gearing is a must and how to use it as a line of credit for options trading.
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Working capital alternatives
February ‘10 - 'AAA' Commercial Mortgages, MD, John Macalyk explains what’s available and how to qualify.
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Timing your option trades
January 2010 - Andy Semple talks trend trading basics and how to use these to time your option trades
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Selling puts to buy stock at a discount
December 09 - Andy Semple takes us through an example of a BHP $38 Dec put where we receive 50c in premium.
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