Finance News Network

Latest News

NAB cuts costs

06 Mar 2013 - NAB (ASX:NAB) looks for $900 million in savings.

AWE to form JV for Geothermal program

05 Mar 2013 - AWE Limited (ASX:AWE) signs an MOU with Green Rock Energy Limited (ASX:GRK) subsidiary Mid West Geothermal Power to form a potential joint venture.

Austal to build additional combat ships

05 Mar 2013 - Austal Limited’s (ASX:ASB) US division will build two additional Littoral Combat Ships for the US Navy.

RIO expects iron ore to iron out

05 Mar 2013 - Rio Tinto Limited (ASX:RIO) forecast an iron ore price fall of approximately 33 per cent over the next 18 months.

Transfield secures $159M in contracts

05 Mar 2013 - Transfield Services Limited (ASX:TSE) secures $159 million worth of contracts in its infrastructure business in Australia.

Sandfire reveals maiden interim profit

05 Mar 2013 - Sandfire Resources NL (ASX:SFR) reveals a maiden interim profit of $79.1 million on the back of ramping up production at its flagship asset in WA.

SP AusNet civil class action commences

05 Mar 2013 - SP AusNet (ASX:SPN) is struck with a $1 billion class action by 10,000 people impacted by Victoria’s worst natural disaster.

Stars may align for Southern Cross $4B merger

04 Mar 2013 - Southern Cross Media Group Limited (ASX:SXL) responds to media speculation surrounding a possible $4 billion merger with the Nine network, saying it is reviewing a n…

Boral merges construction materials, cement

04 Mar 2013 - Boral Limited (ASX:BLD) merges its construction materials and cement divisions into one business as part of ongoing restructuring initiatives.

News Corp to divest 44% SKY TV stake

04 March 2013 - News Corp (ASX:NWS) subsidiary News Limited divests its 44 per cent stake in New Zealand’s leading pay TV service, SKY Network Television Limited (NZE:SKT).

Lynas announces CEO succession plan

04 March 2013 - Lynas Corporation Limited (ASX:LYC) will enact board and management changes to reflect its transition from development to producer status.

Skywest forecasts improved performance

04 Mar 2013 - Skywest Airlines Limited (ASX:SXR) sinks to a first half net loss but forecasts an improved performance in the second half.

Sirius Resources surges 38% on discovery

04 Mar 2013 - Sirius Resources NL (ASX:SIR) soars more than 38 per cent after revealing another discovery from its nickel exploration project.

Sri Lanka casino gamble

01 March 2013 - Sri Lankan media reports confirm Crown (ASX:CWN) executive chairman James Packer has held high level meetings.

BHP books a Petrohawk loss

01 March 2013 - BHP Billiton (ASX:BHP) has recorded a sharp loss at its Petrohawk Energy shale operation in the US.

NAB customers abandon branches

01 March 2013 - National Australia Bank (ASX:NAB) will process more customer transactions online, than in branch, for the first time this month.

Lend Lease lands a buyer

01 March 2013 - Property and construction giant Lend Lease (ASX:LLC) has found a buyer for its thirty aged care facilities.

Stokes buys in at Ten

01 Mar 2013 - Kerry Stokes buys into the embattled Ten Network.

Changes in Rio’s ranks

01 Mar 2013 - Rio Tinto (ASX:RIO) has announced former Transurban Chief executive Chris Lynch as its new Chief financial officer.

Challenge accepted. Challenger profits up

28 Feb 2013 - First half profit up 17 per cent at Challenger Limited (ASX:CGF).

Woolworths raises guidance

28 Feb 2013 - Retail giant Woolworths (ASX:WOW) has reported a 19 per cent increase in first half net profit.

Lend Lease aged care sale

28 Feb 2013 - Property giant Lend Lease Group (ASX:LLC) has sold off thirty aged care homes in a deal valued at $270 million.

Perpetual profit lift

28 Feb 2013 - Perpetual Limited ( ASX:PPT) has posted a 19 per cent rise in interim net profit of $27.3 million.

Woolworths winery push

29 Feb 2013 - Supermarket giant Woolworths ( ASX:WOW) poised to by a Barossa valley winery.

Wesfarmers: Coles crack down

28 Feb 2013 - Wesfarmers (ASX:WES) boss Richard Goyder launches an internal review of supplier price practices at supermarket subsidiary Coles.

Prior Page Next Page