Finance News Network

Latest News

CPA waits for direction

16 Oct 2013 - Commonwealth Property Office Fund (ASX:CPA) investors are waiting for details from independent directors on the proposed internalisation by Commonwealth Bank before a…

Brambles 1Q sales lift

16 Oct 2013 - Brambles Limited (ASX:BXB) lifts first-quarter sales performance of its pooling solutions operations.

Rio maintains production guidance

16 Oct 2013 - Rio Tinto Limited (ASX:RIO) reaffirms its 2013 iron ore production guidance after increasing global iron ore shipments in the third quarter.

Hochtief ups Leighton stake

16 Oct 2013 - German construction giant Hochtief tops up its stake in Leighton Holdings Limited (ASX:LEI).

Caltex to sell bitumen business

15 Oct 2013 - Caltex Australia Limited (ASX:CTX) has entered a conditional agreement to sell its Sydney-based bitumen business to Puma Energy.

Cochlear flags strong 2H

15 Oct 2013 - Cochlear Limited (ASX:COH) chairman Rick Holliday-Smith says the company expects fiscal 2014 net profit after tax to be in line with the previous year.

Tabcorp takes 1Q winnings

15 Oct 2013 - Tabcorp Holdings Limited (ASX:TAH) posts a lift in first-quarter revenue despite warning of tough external conditions.

Telstra to expand in Asia

15 Oct 2013 - Telstra Corporation Limited (ASX:TLS) chief executive officer David Thodey says the telco will be aggressively pursuing opportunities to capitalise on increasing dema…

iSelect CEO resigns

15 Oct 2013 - iSelect’s Limited (ASX:ISU) chief executive resigns due to disagreements with the board.

Fortescue’s Forrest donates $65M

15 Oct 2013 - Fortescue Metals Group Limited (ASX:FMG) Chairman Andrew Forrest announces a $65 million cash gift to fund research at five universities.

Xero raises $NZ180M

14 Oct 2013 - Xero (ASX:XRO) raises $NZ180 million selling shares to Matrix Capital Management, Valar Ventures and other US investors to ensure it can keep bankrolling its expansio…

Stockland ready to develop near Perth

14 Oct 2013 - Stockland Corporation Limited (ASX:SGP) is preparing to develop a new residential community in Perth’s South West after a local government rezoning approval.

Qantas on path to break-even

14 Oct 2013 - Qantas Airways Limited (ASX:QAN) chief executive officer Alan Joyce believes the airline will return its international business to a break-even position by fiscal 201…

Oz Minerals cuts production guidance

14 Oct 2013 - OZ Minerals Limited (ASX:OZL) lowers its full-year copper production guidance despite reporting record volumes during the September quarter.

Paladin on track to hit targets

14 Oct 2013 - Paladin Energy Limited (ASX:PDN) says it's on track to reach its full year production targets as it continues to cut costs at its African mines.

Fairfax takes BRW online

14 Oct 2013 - Fairfax Media Limited (ASX:FXJ) announces it will no longer print BRW Magazine from the end of November as it moves to focus on its online business.

Macmahon appoints Walker

11 Oct 2013 - Macmahon Holdings Limited (ASX:MAH) has appointed Jim Walker to its board as a non-executive director, effective immediately.

Seven, Prime extend partnership

11 Oct 2013 - Seven West Media Limited (ASX:SWM) and Prime Media Group Limited (ASX:PRT) have signed a long-term affiliation agreement.

Westpac buys Lloyd’s businesses

11 Oct 2013 - Westpac Banking Corp (ASX:WBC) enters an agreement to acquire Lloyds Banking Group’s Australian asset finance business, CFAL, and its corporate loan portfolio, BOSI, …

Transpacific appoints new CEO

11 Oct 2013 - Transpacific Industries Group Limited (ASX:TPI) has appointed Robert Boucher as its new chief executive officer, replacing Kevin Campbell

Cash Converters to fight lawsuit

11 Oct 2013 - Cash Converters International Limited (ASX:CCV) will fight a $40 million legal battle launched by customers claiming they were charged illegal levels of interest on p…

Etihad lifts Virgin holding

11 Oct 2013 - Etihad Airways lifts its stake in Virgin Australia Holdings Limited (ASX:VAH) to the maximum amount permitted by the Foreign Investment Review Board.

Virgin prices notes

10 Oct 2013 - Virgin Australia Holdings Limited (ASX:VAH) prices a further $68.4 million worth of enhanced equipment notes, after another notes offer was announced this week.

WDS secures $50M in work

10 Oct 2013 - WDS Limited (ASX:WDS) secures contract work worth more than $50 million, for delivery in the current financial year.

BoQ banks profits

10 Oct 2013 - Bank of Queensland Limited (ASX:BOQ) swings to a net profit of $185.8 million, a massive turnaround on the $17 million loss it booked in the last financial year.

Prior Page Next Page