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Lend Lease net profit rises 2%

30 Aug 2012 - Lend Lease Group (ASX:LLC) posts a 2% rise in its full year net profit of $501 million.

Origin withdraws from forestry options

30 Aug 2012 - Amid fears of diving carbon prices, Origin Energy Limited (ASX:ORG) ends Australian forestry project option plans worth $133 million.

Spotless $100M shortfall covered

30 Aug 2012 - Spotless Group Limited’s (ASX:SPT) new owner Pacific Equity partners reportedly set to foot $100 million in costs to cover underestimated working capital requirements…

Ausdrill increases FY profit by 53%

29 Aug 2012 - Ausdrill Limited (ASX:ASL) has boosted its full year net profit by 53 per cent to $112.2 million.

Transfield posts rebound profit, CEO resigns

29 Aug 2012 - Transfield Services Limited (ASX:TSE) has swung to a full year net profit of $84.8 million compared to a net loss of $19.7 million the year before.

Southern Cross firms FY profit by 48%

29 Aug 2012 - Southern Cross Media Group (ASX:SXL) has seen a 48 per cent lift in its full year net profit to $95 million.

Norges Bank acquires 3% stake in BHP

29 Aug 2012 - BHP Billiton Limited (ASX:BHP) has advised that Norwegian central bank, Norges bank has acquired a three per cent stake in the company.

Newcrest suspends production at Lihir mine

29 Aug 2012 - Newcrest Mining Limited (ASX:NCM) is facing further operational troubles at its Lihir mine in Papua New Guinea and suspends production.

Beach Energy rebounds to profit

29 Aug 2012 - Beach Energy Limited (ASX:BPT) rebounds to profitability in its annual results and will invest $200 million to advance its Cooper Basin assets.

Seven Group boosts FY profit by 38%

28 Aug 2012 - Seven Group Holdings Limited (ASX:SVW) boosts full year net profit by 38 per cent.

Virgin swings to FY profit

28 Aug 2012 - Virgin Australia Holdings Limited (ASX:VAH) rebounds to a full year net profit after it booked a $68 million loss the year before.

Galaxy outlines Sal De Vida lithium project

28 Aug 2012 - Galaxy Resources Limited (ASX:GXY) says it plans to advance its lithium and potash brine project Sal De Vida in Argentina.

Telstra awards MCN ad sales contract

28 Aug 2012 - Telstra Corporation Limited (ASX:TLS) hands over its digital ad sales to media company Multi Channel Network.

NAB chief bullish on mining boom

28 Aug 2012 - National Australia Bank Limited’s (ASX:NAB) CEO Cameron Clyne says the mining investment boom is still going strong despite softening commodity prices.

Ausdrill to buy Best Tractor Parts Group

28 Aug 2012 - Ausdrill Limited (ASX:ASL) inks a deal to buy the Best Tractor Parts Group for $165 million.

M2 posts record FY profit

27 Aug 2012 - M2 Telecommunications Group Limited (ASX:MTU) says it expects to almost double its earnings for the year ahead, after posting a record full year profit.

Sundance seals Hanlong takeover deal

27 Aug 2012 - Iron ore explorer Sundance Resources Limited (ASX:SDL) has accepted China’s Hanlong Mining’s takeover offer which was recently reduced to $0.45 per share.

Iress FY figures slump

27 Aug 2012 - Iress Limited (ASX:IRE) booked a 7.4 per cent drop in its first half underlying profit which it attributes to cost cutting by clients.

ASX to unbundle fees

27 Aug 2012 - The Australian Securities Exchange Limited (ASX:ASX) will separate its fees for clearing and settlements of share trades.

BHP Billiton looks to cost control

27 Aug 2012 - Fresh on the heels of reporting a full year profit drop BHP Billiton Limited’s (ASX:BHP) chief says the company’s emphasis is now on cost control.

Solomon Lew backs Country Road

27 Aug 2012 - Solomon Lew’s Australian Retail Investment is understood to have backed Country Road Limited’s (ASX:CTY) entitlement offer.

Paladin secures two sales contracts

24 Aug 2012 - Uranium miner Paladin Energy Limited (ASX:PDN) secures two off-take deals for production from its Langer Heinrich and Kayelekera mines in Africa.

AIF considers $2B Future Fund offer

24 Aug 2012 - The Australian Government's Future Fund offers Australian Infrastructure Fund Limited (ASX:AIX) $2 billion for its assets.

Woolworths FY profit drops 14.5%

24 Aug 2012 - Woolworths Limited (ASX:WOW) posts its first annual profit fall in more than a decade, its net profit dropping 14.5 per cent to $1.8 billion.

Tinkler ditches offer for Whitehaven

24 Aug 2012 - Whitehaven Coal's (ASX:WHC) major shareholder Nathan Tinkler walks away from his $5.2 billion takeover offer for the company.

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