Finance News Network

Latest News

Monadelphous falls despite record H1 result

20 Feb 2013 - Shares in Monadelphous Group Limited (ASX:MND) fall despite the engineering company’s record first half result.

Southern Cross H1 profit falls 52%

19 Feb 2013- Southern Cross Media Group Limited (ASX:SXL) says it has battled through one of the most difficult 12 months in its history as it reports a 52 per cent drop in its fir…

Transfield to write-down up to $285M

19 Feb 2013 - Transfield Services Limited (ASX:TSE) announces a write down of up to $285 million ahead of releasing its first half results next week.

Asciano on track for FY earnings lift

19 Feb 2013 - Asciano Limited (ASX:AIO) expects second half revenue and earnings to be higher than last year after significantly boosting its net profit in the six months to Decemb…

Arrium write-down sees H1 profit plunge

19 Feb 2013 - Arrium Limited (ASX:ARI) plunges to a first half net loss of $447.2 million, down from a $70.7 million loss the year before.

APN rocked by executive exodus

19 Feb 2013 - APN News and Media Limited (ASX:APN) announces the resignation of its Chairman, CEO and three independent directors.

UGL wins $450M property services contracts

19 Feb 2013 - UGL Limited’s (ASX:UGL) global property services business DTZ wins $450 million of new contracts.

Pac Brands H1 profit rebounds

18 Feb 2013 - Pacific Brands Limited (ASX:PBG) swings to a $38.9 million half year net profit, up from a $362 million loss in the same period last year.

Lend Lease H1 profit boosted by Barangaroo

18 Feb 2013 - Lend Lease Group (ASX:LLC) has boosted its first half net profit by 39 per cent to $302.3 million.

Boart Longyear FY profit slumps

18 Feb 2013 - Despite a record first half Boart Longyear Limted’s (ASX:BLY) full year net profit slumps 57.4 per cent to $US68.2 million.

BlueScope flags return to profit in H2

18 Feb 2013 - BlueScope Steel Limited (ASX:BSL) expects to return to profit in the second half of the current financial year after significantly narrowing its loss in the first hal…

Automotive Holdings buys VIC dealerships

18 Feb 2013 - Automotive Holdings Group Limited (ASX:AHE) announces the acquisition of dealerships in Victoria.

Amcor acquires tobacco packaging assets

18 Feb 2013 - Amcor Limited (ASX:AMC) expands into emerging markets with the acquisition of tobacco packaging assets.

DUET Group sinks to H1 loss

15 Feb 2013 - Energy utilities investor DUET Group (ASX:DUE) sinks to a first half net loss of $45.9 million.

Charter Hall sees stronger FY earnings

15 Feb 2013 - Charter Hall Retail REIT (ASX:CQR) sees stronger full year earnings after returning to profitability in the first half.

Paladin writedowns extend H1 loss

15 Feb 2013 - Paladin Energy Limited (ASX:PDN, TSE:PDN) extends its first half loss by 61 per cent to $US193.5 million.

ANZ Q1 cash profit grows 6.2%

15 Feb 2013 - ANZ Banking Group’s (ASX:ANZ) unaudited cash profit grows 6.2 per cent to $1.53 billion in the first quarter of the 2013 financial year.

Country Road acquisitions boost H1 profit

15 Feb 2013 - Country Road Limited (ASX:CTY) more than doubles its half year profit after acquiring Witchery and Mimco last year.

Rio Tinto books FY loss, lifts dividend

15 Feb 2013 - Rio Tinto Limited (ASX:RIO) books a full year net loss of $US2.9 billion and lifts its dividend to $US1.67.

D-Day for David Jones

14 Feb 2013 - David Jones Limited (ASX:DJS) will cease selling low margin items including DVDs, music and video games under a new strategy aimed at arresting falling sales.

GPT Group property profit doubles

14 Feb 2013 - GPT Group (ASX: GPT) more than doubles its full year net profit thanks to another surge in the value of its property portfolio.

Mirvac Group H1 profit tumbles 69%

14 Feb 2013 - Property giant Mirvac Group (ASX:MGR) has revealed a 69 per cent slump in first half net profit after a string of project write downs across the country.