Finance News Network

Latest News

Sino undertakes $10M capital raising

27 Dec 2012 - Sino Gas & Energy Holdings Limited (ASX:SEH) will undertake a capital raising of approximately $10.1 million.

Wesfarmers half owned fund manager dips into red

27 Dec 2012 - Wesfarmers Limited (ASX:WES) half owned corporate advisory and funds management group Gresham Partners dips into the red in its full year to the end of September.

BOQ completes $300M capital raising

27 Dec 2012 - Bank of Queensland Limited (ASX:BOQ) raises $300 million from its convertible preference shares offer.

Billabong grants due diligence rights

24 Dec 2012 - Billabong International Limited (ASX:BBG) grants company director Paul Naude and his associates the right to conduct non-exclusive due diligence.

UniSuper increases Transurban stake

25 Dec 2012 - UniSuper boosts its stake in Transurban Group (ASX:TCL) through a deal which will see the superannuation fund buy out the underwriting obligations of Transurban’s dis…

Analysts mull Fortescue port and rail sale

24 Dec 2012 - Fortescue Metals Group Limited (ASX:FMG) could reportedly gain up to $8 billion for the sale of a stake in its wholly owned rail and port network, The Pilbara Infrast…

Skywest scores Rio Tinto FIFO contract

24 Dec 2012 - Skywest Airlines Limited (ASX:SXR) scores a new Fly In Fly Out (FIFO) contract from global mining company Rio Tinto Limited (ASX:RIO).

Clean Seas Tuna plunges 40% after writedown

24 Dec 2012 - Shares in Clean Seas Tuna Limited (ASX:CSS) plunge after announcing a $30 million writedown on its southern bluefin tuna breeding program.

CSL voted best growth prospects

24 Dec 2012 - CSL Limited (ASX:CSL) is voted the best performing company and the company with the best growth prospects by fund managers and equity analysts.

Sedgman moves in on MDM acquisition

21 Dec 2012 - Sedgman Limited (ASX:SDM) moves in on its MDM Engineering Group acquisition with MDM shareholders backing the proposed merger.

GPT Group to develop $85M logistics facility

21 Dec 2012 - GPT Group (ASX:GPT) is set to develop a logistics facility in South East Queensland for a total cost of $84.6 million.

Speculation surrounds Tinkler Whitehaven stake

21 Dec 2012 - Nathan Tinkler's 19.4 per cent stake in Whitehaven Coal Limited (ASX:WHC) is again at the centre of speculation.

DEXUS sells US properties for $561M

21 Dec 2012 - DEXUS Property Group (ASX:DXS) sells the majority of its US industrial portfolio for $US561 million as part of its strategy to completely exit the US market.

Elders sees weaker sales and earnings

21 Dec 2012 - Elders Limited (ASX:ELD) attributes a soft market for weaker sales and earnings in the beginning of the 2013 financial year.

Macquarie lifts interest in Yellow Brick Road

21 Nov 2012 - Shares in Yellow Brick Road Holdings Limited (ASX:YBR) jump after Macquarie Group Limited (ASX:MQG) takes an 8.3 per cent interest in the financial services group.

Qantas gets initial nod on Emirates deal

20 Dec 2012 - Qantas Airways Limited (ASX:QAN) has received a draft ruling from the ACCC who provided conditional approval for the proposed Emirates alliance.

Origin signs gas deal with MMG

20 Dec 2012 - Origin Energy Limited (ASX:ORG) has announced a new long term gas supply agreement with Hong Kong Listed global resources company MMG Limited (HKG:1208).

ACCC denies Carsales acquisition

20 Dec 2012 - Carsales.com Limited’s (ASX:CRZ) proposed acquisition of the Trading Post is opposed by the Australian Competition and Consumer Commission.

Capral expects earnings to improve

20 Dec 2012 - Capral Limited (ASX:CAA) expects earnings to improve from previous guidance, forecasting full year EBITDA of between $2.5 million and $4 million.

Leighton awarded $200M Perth CBD contract

20 Dec 2012 - Leighton Holdings Limited (ASX:LEI) subsidiary Leighton Contractors wins Elizabeth Quay inlet development contract in Perth worth about $200 million.