Finance News Network

Latest News

APN News reaffirms earnings

28 Sep 2011 - APN News and Media Limited (ASX:APN) says there are encouraging signs in the advertising market as it enters the strongest trading period for the year.

Wesfarmers sells Premier Coal

28 Sep 2011 - Wesfarmers Limited (ASX:WES) has sold its Premier Coal subsidiary to Austar Coal, which is a subsidiary of Chinese-owned Yanzhou Coal, for $269.8 million.

Fletcher Building awarded new LNG contracts

28 Sep 2011 - Fletcher Building's (ASX:FBU) recently acquired Iplex Pipelines has been awarded a contract to supply pipe to the Queensland Curtis Island LNG Project, worth $120 mil…

Myer CEO takes stab at Govt

28 Sep 2011 - Myer Holdings Limited's (ASX:MYR) CEO Bernie Brooks reckons the retails market's not getting any better, for at least six months.

Virgin to align with Singapore

28 Sep 2011 - Virgin Blue Holdings (ASX:VBA) is seeking approval for an alliance with Singapore Airlines, but says it's not going to reduce its incentive to compete with Tiger Airw…

Goodman Fielder to raise $259M

27 Sep 2011 - Goodman Fielder Ltd (ASX:GFF) will raise $259 million to give its balance sheet flexibility to pursue medium and long term financial growth.

Westpac cuts fixed rate home loans

27 Sep 2011 - Westpac Banking Corporation (ASX:WBC) cuts the three-year fixed-rate on its Premier Advantage Package home loan.

Aurora secures $US300M debt funding

27 Sep 2011 - Aurora Oil & Gas Ltd (ASX:AUT) secures $US300 million of debt funding as it gears up to boost production at the Sugarkane Field Eagle Ford project.

Rio boosts stake in Ivanhoe Mines

27 Sep 2011 - Rio Tinto Ltd (ASX:RIO) boosts its stake in Ivanhoe Mines Ltd (IVN:TSX, NYSE:IVN, NASDAQ:IVAN) to 49 per cent through a privately negotiated share trade.

Woodside starts production at Okha

27 Sep 2011 - Woodside Petroleum Ltd (ASX:WPL) says it has started production at its Okha floating vessel off Western Australia.

Ceramic Fuel Cells sells 100 BlueGen units

27 Sep 2011 - Ceramic Fuel Cells Ltd (ASX:CFU, LON:CFU) receives an order for 100 BlueGen units from its distributor in The Netherlands.

ConnectEast trading halt ahead of takeover vote

26 Sep 2011 - ConnectEast Group (ASX:CEU) shares are in a trading halt ahead of a vote on a $2.17 billion takeover offer.

Centro Perth complex for sale

26 Sep 2011 - The Centro Properties Group (ASX:CNP) is seeking more than $60 million for the sale of its Perth City Central shopping and office complex.

Macquarie Radio profits but no word on expansion

26 Sep 2011 - Macquarie Radio Network (ASX:MRN) has reported an annual net profit after tax of $5.9 million, a drop from the previous year’s $6.16 million.

Mongolian cost estimates for Rio

26 Sep 2011 - Rio Tinto Limited (ASX:RIO) says the costs of the development of the copper and gold project it operates in Mongolia may cost up to US$10 billion, including US$6billi…

Ten not moving on plans yet

26 Sep 2011 - Ten Network Holdings Limited (ASX:TEN) has been accused of not making any progress after it presented its media plans for next year, more than a month ago.

ACCC chief News Corp link

23 Sep 2011 - The ACCC chief defends his link to News Corp (ASX:NWS).

Fosters beer variety to be slashed

23 Sep 2011 - The variety of beers Foster's Group Ltd (ASX:FGL) produces is likely to be slashed, and the Abbotsford brewing operations closely looked at, as SABMiller plans a comp…

UBS expects banks to cut jobs

23 Sep 2011 - With Westpac Banking Corporation (ASX:WBC) cutting a thousand jobs and the other big banks expected to follow, a new report by investment bank UBS is looking credible…

Woodside East Timor relations thaw

23 Sep 2011 - The East Timorese president has hinted at improving relations with Woodside Petroleum Ltd (ASX:WPL).

Murchison Oakajee deadline looms

23 Sep 2011 - The Western Australian premier has ruled out extending the deadline for Murchison Metals Ltd (ASX:MMX) and Mitsubishi.

ASX ready for Chi X

23 Sep 2011 - The ASX Ltd (ASX:ASX) chairman says the company is ready for rival operator Chi-X.

Asset sale boots Washington H profit 67%

22 Sep 2011 - Washington H. Soul Pattinson and Co. Ltd (ASX:SOL) increases its annual net profit by 67 per cent but its underlying profit falls 11 per cent in fiscal 2011.

OrotonGroup shares rise on FY growth

22 Sep 2011 - Shares in OrotonGroup Ltd (ASX:ORL) rise after the luxury accessories retailer says its net profit in the 2011 financial year grew 8 per cent.

Rio advances Riversdale asset sale

22 Sep 2011 - Rio Tinto Ltd (ASX:RIO) could gain up to $150 million from selling a South African coal mine acquired through its takeover of Riversdale Mining Ltd.

Prior Page Next Page