Finance News Network

Latest News

Westpac gains $685M tax consolidation

26 Oct 2010 - Westpac Banking Corporation (ASX:WBC) is set to add $685 million to its fiscal 2010 statutory net profit because of its merger with St George Bank.

Mermaid Marine to raise $30M for growth

26 Oct 2010 - Mermaid Marine Australia Ltd (ASX:MRM) is set to raise around $30 million to fund growth opportunities.

Kingsgate bids $22M for Laguna Resources

26 Oct 2010 - Kingsgate Consolidated Ltd (ASX:KCN) makes a friendly $22 million takeover proposal for Laguna Resources (ASX:LRC).

Equinox bids for Citadel Resource Group

25 Oct 2010 - Equinox Minerals Ltd (ASX:EQN) launches a friendly $125 billion bid for Citadel Resource Group Ltd (ASX:CGG).

Argo Investments boosts H2 guidance

25 Oct 2010 - Argo Investments Ltd (ASX:ARG) boosts its profit guidance, flagging a 15 per increase in net profit for the half year ending on 31 December 2010.

Perpetual says takeover offer too low

25 Oct 2010 - Perpetual Ltd (ASX:PPT) says its value is not reflected in the takeover offer from US private equity firm Kohlberg Kravis Roberts.

Leighton awarded US$733M Iraq contract

25 Oct 2010 - Leighton Holdings Ltd (ASX:LEI) has been awarded a US$733 million contract to build an oil export terminal near Basra in Iraq.

Rio Tinto Oyu Tolgoi project on track

25 Oct 2010 - Rio Tinto Ltd's (ASX:RIO) chief Tom Albanese says the global miner's Mongolian copper and gold project is on track, despite tensions with its Canadian partner Ivanhoe…

Sandfire Resources DeGrussa plant upgrade

25 Oct 2010 - Sandfire Resources (ASX:SFR) increases its target throughput rate for its wholly owned DeGrussa copper-gold project in Western Australia.

Robust raises $30M to fund exploration

22 Oct 2010 - Robust Resources Ltd (ASX:ROL) raises $30 million to ramp up exploration on Romang Island.

MAp Group says YTD profit at Sydney Airport up

22 Oct 2010 - MAp Group (ASX:MAP) says earnings at Sydney Airport grew 14.2 per cent for the year to date thanks to growth in passenger numbers, commercial expansion and cost contr…

Economic uncertainty to impact Kathmandu profit

22 Oct 2010 - Kathmandu Holdings Ltd (ASX:KMD) warns that the economic environment may continue to negatively impact consumer spending.

ACCC to investigate Ten share raid

22 Oct 2010 - Australian regulators to investigate James Packer's share raid on Ten Network Holdings Ltd (ASX:TEN).

Fortescue confirms possible cost blowout at Solomons

22 Oct 2010 - Fortescue Metals Group Ltd (ASX:FMG) confirmed a possible cost blowout at its Solomon project in West Australia.

Saskatchewan rejects BHP offer for Potash

22 Oct 2010 - BHP Billiton Ltd (ASX:BHP) reportedly given the thumbs down for its proposed takeover of Canadian fertiliser giant Potash Corp.

Newcrest Sep qtr output up

21 Oct 2010 - Newcrest Mining Ltd (ASX:NCM) has reported a rise in production in the September quarter thanks to its merger with Lihir Gold earlier this year.

Q1 sales up for Wesfarmers

21 Oct 2010 - Conglomerate Wesfarmers Ltd (ASX:WES) reports a 4.3 per cent increase in sales for the first quarter.

Rio to spend US$2.5B on notes

21 Oct 2010 - Rio Tinto Ltd (ASX:RIO) is to spend around US$2.5 billion on notes.

Tabcorp raises $238M from institutional investors

21 Oct 2010 - Tabcorp Holdings Ltd (ASX:TAH) completes institutional component of its entitlement offer, raising $238 million.

Kingsgate makes $376M bid for Dominion

21 Oct 2010 - Kingsgate Consolidated Ltd (ASX:KCN) makes a $376 million takeover bid for fellow gold miner Dominion Mining Ltd (ASX:DOM) as it moves towards becoming a mid-tier gol…

Telstra supports prompt passage of NBN legislation

21 Oct 2010 - Telstra Corp (ASX:TLS) says it supports prompt passage of the National Broadband Network legislation.

US$3.1B to be spent expanding Rio Pilbara operations

20 Oct 2010 - Rio Tinto Ltd (ASX:RIO) says US$3.1 billion to be spent on expanding capacity at its iron ore operations in the Pilbara of Western Australia.

MAp reports record Sept at Sydney Airport

20 Oct 2010 - MAp Group (ASX:MAP) says Sydney Airport experienced its strongest ever September for international, domestic and total traffic.

Origin Energy finds toxins in its LNG JV

20 Oct 2010 - Traces of cancer-causing chemicals have been identified in Origin Energy Ltd's (ASX:ORG) liquefied natural gas joint venture in Queensland.

BHP Billiton records Q3 increase

20 Oct 2010 - BHP Billiton Ltd (ASX:BHP) surpasses analysts' expectations to record an increase in coal, petroleum and iron ore production for the September quarter.

Prior Page Next Page