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BHP takeover bid doubted by analysts

18 Jul 2011 - BHP Billiton's (ASX:BHP) new takeover target, Petrohawk, has welcomed the bid, but Australian analysts have cast doubts over its value.

Ten restructure plans to be updated next month

18 Jul 2011 - Significant job cuts at Ten Network Holdings Ltd (ASX:TEN) won't happen until the end of the month and investors will have to wait until even later for that to get an…

Westpac to lure customers from CBA

18 Jul 2011 - Bank of Melbourne, owned by Westpac (ASX:WBC) is set to poach about 150,000 of Commonwealth Bank's (ASX:CBA) customers.

ACCC lobbied to let Foxtel compete with Telstra

18 Jul 2011 - The Australian Competition and Consumer Commission has been lobbied by telecommunication groups to let Foxtel sell bundled services in competition to its largest shar…

Flight Centre increases profit guidance

15 Jul 2011 - Flight Centre Ltd (ASX:FLT) upgrades its pre-tax profit guidance for the financial year to between $243 million and $247 million.

Jetstar flies to Vietnam

15 Jul 2011 - Jetstar Asia, the Qantas Airways Ltd's (ASX:QAN) budget carrier, plans to start flights between Hanoi and Singapore from December 15.

BHP buys Petrohawk for $US12B

15 Jul 2011 - BHP Billiton Ltd (ASX:BHP) agrees to buy Petrohawk Energy for $US12.1 billion.

FBI probes News Corp

15 Jul 2011 - The FBI has launched a preliminary probe after allegations News Corporation (ASX:NWS) employees sought to gain access to the phone records of September 11 victims.

Gunns boss defends decision

15 Jul 2011 - Gunns Ltd (ASX:GNS) boss Greg L’Estrange defends his decision to accept a lower offer for the sawmill in Tasmania’s south-east.

PM flags News Ltd review

15 Jul 2011 - News Ltd, News Corporation’s (ASX:NWS) holding company is under review by the Prime Minister.

Iluka boosts FY output guidance

14 Jul 2011 - Iluka Resources Ltd (ASX:ILU) boosts its full year production guidance after reporting strong output figures in the first six months of 2011.

Macquarie preparing for carbon tax

14 Jul 2011 - Macquarie Group Ltd (ASX:MQG) has reportedly been working on its international carbon trading business to prepare for Australia's proposed carbon tax.

BHP industrial action heats up

14 Jul 2011 - Industrial action at BHP Billiton Ltd's (ASX:BHP) Queensland mines is heating up as workers fight for more job security and pay rises.

NRW secures $70M Fortescue contract

14 Jul 2011 - NRW Holdings Ltd (ASX:NWH) has secured a $70 million rail contract from iron ore miner Fortescue Metals Group Ltd (ASX:FMG).

DJs reveals FY profit downgrade

14 Jul 2011 - Shares in David Jones Ltd (ASX:DJS) are expected in slide after the department store revealed a shock profit downgrade late yesterday.

Ansell to gain from condom shortage

14 Jul 2011 - Gloves and condoms maker Ansell Ltd (ASX:ANN) looks set to benefit from a dispute between its rival Durex and its Indian partner.

Nufarm flags higher FY earnings

13 Jul 2011 - Nufarm Ltd (ASX:NUF) expects its full year underlying net operating earnings to be at least $30 million more than 2010.

Lynas ramps up plant construction

13 Jul 2011 - Lynas Corporation Ltd's (ASX:LYC) Malaysian subsidiary will inject up to $US210 million to ramp up construction at its planned Malaysian refinery.

Envestra to recover carbon tax costs

13 Jul 2011 - Envestra Ltd (ASX:ENV) does not believe the carbon tax will have a material impact on its business, where there is a direct cost.

Transfield scores $US183M of new work

13 Jul 2011 - Transfield Services Ltd (ASX:TSE) has scored $US183 million worth of new work on roads in the US and Canada.

Fortescue to sell iron ore in Yuan

13 Jul 2011 - Fortescue Metals Group Ltd (ASX:FMG) gears up to sell iron ore to Chinese in their own currency, Yuan.

Bandanna to benefit from carbon tax

13 Jul 2011 - Bandanna Energy Ltd (ASX:BND) expects a significant competitive advantage over its NSW competitors in respect to the carbon tax.

Alcoa more than doubles Q2 profit

12 Jul 2011 - The parent of Australia's Alcoa (ASX:AAI), Alcoa Incorporated (NYSE:AA), unveils a profit that more than doubled in the second quarter.

Transurban FY toll revenue up 10%

12 Jul 2011 - Transurban Group (ASX:TCL) reports its toll revenue has risen 10 per cent to $891 million in the 2011 financial year.

Fortescue warns of iron ore over supply

12 Jul 2011 - Outgoing Fortescue Metals Group Ltd (ASX:FMG) CEO, Andrew Forrest, warns that an over-supply of iron ore could lower prices in the short and medium term.

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