Polaris recommends better takeover bid
Takeover target Polaris Metals Ltd says a sweetened offer from Perth-based mining services group Mineral Resources Ltd (MRL) is superior to a rival proposal from Singapore-based Lion-Asia Resources...
AAP -
Tuesday November 24, 2009, 8:43 pm
Premier pours water on Christmas sales
Premier Investments Ltd chairman Solomon Lew has hosed down Harvey Norman-driven expectations of a bumper Christmas sales season while reassuring investors the group is on track to improve profits in...
AAP -
Tuesday November 24, 2009, 7:53 pm
No Breville counter bid from Premier
Premier Investments Ltd remains tightlipped about whether it plans to launch a competing bid for electrical goods importer and distributor Breville Ltd, saying only it did not intend to make an offer...
AAP -
Tuesday November 24, 2009, 7:19 pm
Woodside says output to dip in 2010
Woodside Petroleum Ltd's production will fall in calendar 2010 due to the sale of its majority stake in the Otway gas project in Victoria, but this should not substantially impact its earnings,...
AAP -
Tuesday November 24, 2009, 7:03 pm
ETS changes 'a minor cost' to budget
The negotiated amendments to the federal government's climate change legislation would add just under $1 billion to the budget over the next 10 years - minuscule given the current deficit.The...
AAP -
Tuesday November 24, 2009, 6:43 pm
Smirk named St George's chief economist
Justin Smirk has been appointed chief economist at St George, the bank says.Mr Smirk is succeeding St George Bank's current chief economist, Besa Deda, who has taken maternity leave."After...
AAP -
Tuesday November 24, 2009, 6:42 pm
Loans at pre-GFC levels: Mortgage Choice
Mortgage broker Mortgage Choice Ltd says loan settlements in the first quarter of 2009/10 are above budget and at levels seen before the global financial crisis (GFC).Chief executive Michael Russell...
AAP -
Tuesday November 24, 2009, 6:40 pm
Suncorp boss says core business is sound
Suncorp-Metway Ltd group chief executive Patrick Snowball says the company's underlying banking business is sound, with declining bad and doubtful debt charges and healthy deposit growth.Mr...
AAP -
Tuesday November 24, 2009, 5:48 pm
Rio Tinto eyes Iron Valley deposit
Rio Tinto Ltd says it may buy Iron Ore Holdings Ltd's (IOH) Iron Valley deposit after finalising a deal to buy product from the junior explorer's Phil's Creek project in Western...
AAP -
Tuesday November 24, 2009, 5:27 pm
OrotonGroup announces 'positive' sales
Luxury leather goods retailer OrotonGroup Ltd says sales for the first 17 weeks of its fiscal 2010 year are in line with expectations due to more buoyant conditions but it remains wary about the...
AAP -
Tuesday November 24, 2009, 5:22 pm
Ruralco expects rural sector to pick up
Rural merchandise, livestock and real estate group Ruralco Holdings Ltd expects overall trading conditions in the rural sector to improve in fiscal 2010 and says the company is well placed to take...
AAP -
Tuesday November 24, 2009, 5:13 pm
Toll wins $1b defence removals contract
Transport and logistics group Toll Holdings Ltd has won a five-year contract worth $1 billion to supply re-location services to the Australian Department of Defence."We are pleased to announce...
AAP -
Tuesday November 24, 2009, 5:10 pm
Brickworks forecasts strong results
Australia's largest brick and tile producer, Brickworks Ltd, has forecast a solid performance for its current fiscal year, as government spending fuels activity in the construction sector.The...
AAP -
Tuesday November 24, 2009, 4:51 pm
Amalgamated buys NZ cinemas for $47m
Entertainment group Amalgamated Holdings Ltd has expanded its international cinema business with the $A47.3 million acquisition of a New Zealand cinema business and its interests in Fiji...
AAP -
Tuesday November 24, 2009, 4:48 pm
Centrebet expects strong profit growth
Internet gaming firm Centrebet International Ltd expects to deliver strong profit growth in the 2009/10 financial year."Looking ahead, through a combination of growing revenue and targeted cost...
AAP -
Tuesday November 24, 2009, 4:23 pm
