Finance News Network

Latest News

Paladin applauds Japanese election result

18 Dec 2012 - Shares in Paladin Energy Limited (ASX:PDN, TSE:PDN) gain as the uranium producer’s investors applaud Japan’s latest election result.

G8 acquires Victorian childcare business

17 Dec 2012 - G8 Education Limited (ASX:GEM) announces the acquisition and settlement of a childcare centre in Ormond Victoria for $2.4 million.

Fortescue considers selling down TPI stake

17 Dec 2012 - Fortescue Metals Group Limited (ASX:FMG) starts the process to explore selling a minority interest in The Pilbara Infrastructure (TPI).

UXC expands North American business

17 Dec 2012 - UXC Limited’s (ASX:UXC) wholly owned US subsidiary UXC Eclipse Intelligent Solutions completes the acquisition of New York based business management services provider…

IAG confirms sale of UK broking arm

17 Dec 2012 - Insurance Australia Group Limited (ASX:IAG) confirms the sale of its specialist UK broking arm Independent Commercial Brokers (ICB) for approximately $15 million.

ANZ Bank lowers home loan rates

17 Dec 2012 - ANZ Banking Group (ASX:ANZ) follows its banking rivals and lowers its variable interest rate for mortgages by 20 basis to 6.4 per cent.

Fairfax Media sells Trade Me to cut debt

17 Dec 2012 - Fairfax Media Limited (ASX:FXJ) sells its remaining stake in New Zealand online auction house Trade Me Group Limited (ASX:TME, NZE:TME) to cut its debt load.

Caltex expects to swing to FY profit

14 Dec 2012 - Caltex Australia Limited (ASX:CTX) anticipates to a full year profit following increased production volumes at its Kurnell and Lytton refineries in Sydney and Brisban…

IAG to offload UK operations

14 Dec 2012 - Insurance Australia Group Limited (ASX:IAG) sells its UK based Equity Red Star business to privately owned New York based equity and venture capital firm Aquiline Cap…

Asciano sees increased QLD haulage

14 Dec 2012 - Asciano Limited (ASX:AIO) enjoys a solid increase in Queensland coal haulage over the past two months following a drop in demand, however remains cautious of signific…

APN braces for FY profit drop

14 Dec 2012 - APN News and Media Limited (ASX:APN) expects full year profits to drop by nearly a third to between $51 and $54 million, owing to a struggling newspaper advertising m…

Mermaid Marine and Toll win INPEX contract

14 Dec 2012 - Mermaid Marine Australia Limited (ASX:MRM) and Toll Holdings Limited’s (ASX:TOL) equal joint venture wins a $20 million contract from INPEX.

Virgin strengthens Tourism Australia ties

14 Dec 2012 - Virgin Australia Holdings Limited (ASX:VAH) strengthens its ties with Tourism Australia through inking a new deal.

Billabong stores to open in India

13 Dec 2012 - Billabong International Limited (ASX:BBG) has reportedly inked a deal to open retail stores in India.

Webjet completes capital raising

13 Dec 2012 - Webjet Limited (ASX:WEB) completes $25 million capital raising geared at funding its acquisition of online travel agency Zuji.

BHP victoria gas project gets the nod

13 Dec 2012 - BHP Billiton Limited (ASX:BHP) has been granted approval for its share in the Longford Gas Conditioning plant in Victoria.

Graincorp rejects second US bid

13 Dec 2012 - Graincorp Limited (ASX:GNC) has rejected a sweetened takeover offer of $2.78 billion from US food processing giant Archer Daniels Midland.

Galaxy Resources to raise $20M

13 Dec 2012 - Galaxy Resources Limited (ASX:GXY) is set to announce a $20 million capital raising following the fatal incident at its Jiangsu lithium carbonate plant.

Macmahon exits construction

13 Dec 2012 - Macmahon Holdings Limited (ASX:MAH) will exit the construction business after signing an MOU with Leighton Holdings Limited (ASX:LEI).

Echo appoints new CEO

12 Dec 2012 - Echo Entertainment Group Limited (ASX:EGP) is set to appoint former US based gaming and entertainment executive John Redmond as its new CEO, subject to regulatory app…

Crown targets Chinese push

12 Dec 2012 - Crown Limited (ASX:CWN) is reportedly in talks with Tourism Australia and tourism bodies in Victoria and Western Australia to embark on a marketing campaign in China.

GWA to cut 230 jobs

12 Dec 2012 - The cost cutting measures come as GWA combines its Dux Hot Water and GWA Bathrooms and Kitchens business, to form a larger multi-focused business.

BHP to offload Browse JV interests

12 Dec 2012 - BHP Billiton Limited (ASX:BHP) will sell its interests in the East Browse and West Browse joint ventures in Western Australia for $1.63 billion.

Lynas responds to plant waste ultimatum

12 Dec 2012 - In the face of more controversy Lynas Corporation Limited (ASX:LYC) affirms the validity of its temporary operating license and ability to continue operations.

Rio Tinto sells Palabora stake for $373M

12 Dec 2012 - Rio Tinto Limited (ASX:RIO) sells its 57.7 per cent stake in South African copper producer Palabora Mining Company Limited for $US373 million.

Prior Page Next Page