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Hunnu secures $40M acquisition from Rio

24 May 2011 - Hunnu Coal Ltd (ASX:HUN) secures Rio Tinto Ltd’s (ASX:RIO) controlling stake in the Altai Nuurs coking coal joint venture project in Mongolia for $40 million.

Territory shares surge after takeover offer

24 May 2011 - Shares in Territory Resources Ltd (ASX:TTY) surge more than 50 per cent after the miner backs a $123 million takeover offer from Exxaro Resources.

Woodside discovers gas

23 May 2011 - Woodside Petroleum Ltd (ASX:WPL) has discovered gas at its well in the Carnarvon Basin in Western Australia.

Myer execs on fashion board

23 May 2011 - Myer Holdings Ltd's (ASX:MYR) CFO and general manager of merchandise and logistics have jumped on the board of fashion label sass&bide.

Stockland sells half of Waterfront Place

23 May 2011 - Stockland Capital Partners Ltd (ASX:SGP) has sold 50 per cent of its stake in Waterfront Place, the fifth tallest building in Brisbane.

Macarthur may suffer from weak Japanese demand

23 May 2011 - Analysts are cautious of upgrading Macarthur Coal’s (ASX:MCC) ratings following the announcement that the Queensland miner would be developing the Codrilla open cut c…

Elders expected to report loss

23 May 2011 - Elders (ASX:ELD) has been tipped by analysts to post a $20 million loss today after flood damage.

NAB to offer discount mortgage rate

23 May 2011 - National Australia Bank (ASX:NAB) will now be selling standard variable rate mortgages more than one per cent lower than competitors.

Transfield inks deal with Fortescue

20 May 2011 - Transfield Services Ltd (ASX:TSE) well services and construction business, Easternwell, has inked a deal with Fortescue Metals Group Ltd (ASX:FMG).

Maryborough issues FY11 EBITDA guidance

20 May 2011 - Maryborough Sugar Factory Ltd (ASX:MSF)downgradeds its earnings guidance as a result of lower sugar production following severe wet weather.

Santos cautions on carbon price

20 May 2011 - Santos Ltd (ASX:STO) cautions that a higher carbon price could be potentially damaging for competitiveness.

Hastie capital restructure plans progress

20 May 2011 - Hastie Group Ltd (ASX:HST) has announced capital restructuring measures aimed at reducing its existing debt levels.

Kagara gears up for five year plan

20 May 2011 - Kagara Ltd (ASX:KZL) is preparing to launch a comprehensive five-year plan in September to combat the company’s disappointing performance.

Customers shares plunge after downgrade

20 May 2011 - Shares in Customers Ltd (ASX:CUS) plunge almost 30 per cent after the ATM operator issues yet another profit downgrade.

Brambles confirms FY11 guidance

19 May 2011 - Brambles Ltd (ASX:BXB) confirms that it expects full-year operating profit of up to $US780 million, after posting an improvement in sales revenue.

Leighton secures $547M contracts in HK

19 May 2011 - Leighton Holdings Ltd (ASX:LEI) has secured two contracts worth $547 million for work on the South Island rail line in Hong Kong.

James Hardie widens FY loss

19 May 2011 - James Hardie Industries (ASX:JHX) widens its full year loss to $US347 million, from a loss of $US84.9 million the year before.

Transfield sells USM business for $US255M

19 May 2011 - Transfield Services Ltd (ASX:TSE) sells its facilities maintenance business, USM, for $US255 million and confirms its annual profit guidance.

Moodys cuts big four credit rating

19 May 2011 - Moody's cuts its credit rating for Australia's big four banks, claiming their reliance on wholesale funding is the reason for a one-notch downgrade.

OZ Minerals on the hunt for acquisitions

19 May 2011 - OZ Minerals Ltd (ASX:OZL) says it will remain focused on hunting acquisitions while returning capital to sharehoilders.

Austar shares jump on takeover talks

18 May 2011 - Shares in Austar United Communications Ltd (ASX:AUN) jump after reports that Foxtel is in advanced talks to buy Liberty Global's 54 per cent stake in the pay-TV compa…

Rio Tinto prices $US2B fixed rate bonds

18 May 2011 - Global miner Rio Tinto Ltd (ASX:RIO) raises $US2 billion in long-term debt bonds.

Metcash disputes ATO assessment

18 May 2011 - Metcash Ltd (ASX:MTS) disputes $48.8 million in amended tax assessments from the Australian Tax Office.

NRW awarded $158M BHP contract

18 May 2011 - BHP Billiton Ltd (ASX:BHP) awards NRW Holdings Ltd (ASX:NWH) a $158 million contract for work in the Pilbara region of Western Australia.

US approves BHP oil exploration plan

18 May 2011 - BHP Billiton Ltd’s (ASX:BHP) plan to explore for oil in the Gulf of Mexico gets approval from US regulators, clearing the way for the global miner to seek drilling pe…

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