Warren Buffett's Defining Play
Warren Buffett did it again this week, launching his biggest ever takeover which defines his optimism in America's future and makes an emphatic statement about the financial strength of...
Australasian Investment Review -
Friday November 6, 2009, 8:08 am
Retail Sales Down, Building Approvals Up
The surprise fall in September's retail sales took some in the market by surprise and seems to have taken some of the steam out of the 'rate rise for Christmas' clamour that was around...
Australasian Investment Review -
Thursday November 5, 2009, 8:08 am
Corporates; Amalgamated, Boart, Myer
Amalgamated Holdings has become the latest company to approach shareholders for money with the announcement yesterday that it is looking for $107 million. The Sydney-based group...
Australasian Investment Review -
Wednesday November 4, 2009, 8:36 am
Resort ruling did developers a favour, say conservationists
A central Queensland conservation group says a failed proposal for a resort development on Great Keppel Island was too big for the area.
Environment Minister Peter Garrett yesterday knocked back...
ABC Business News -
Saturday October 31, 2009, 1:36 pm
Keppel Island resort development rejected
The Federal Government says environmental concerns have forced it to reject a proposal for a resort development on Great Keppel Island on the Great Barrier Reef.
Tower Holdings' proposal includes...
ABC Business News -
Friday October 30, 2009, 7:47 pm
Tatts expects growth to slow
Gaming firm Tatts Group Ltd has forecast flatter growth this financial year due to the effects of the economic downturn but is confident about expansion opportunities.Sales in some parts of the...
AAP -
Friday October 30, 2009, 4:30 pm
Cruise ship visits boost tourist numbers
Tasmania has recorded a tourism milestone with more than 1,000,000 people visiting the state in one year.
Tourism Tasmania's annual report reveals visitor numbers were nine per cent higher than...
ABC Business News -
Thursday October 29, 2009, 9:03 am
ASEAN talks hit early snag
As Prime Minister Kevin Rudd makes his way to the 15th ASEAN summit, a diplomatic rift between Thailand and Cambodia is clouding the talks underway in the Thai resort town of Hua Hin.
Mr Rudd is...
ABC Business News -
Saturday October 24, 2009, 5:55 pm
Aristocrat loses US trial
Gaming machine maker Aristocrat Leisure Ltd has lost a US jury trial and will be required to pay bondholders consequential damages.Shares in Aristocrat fell 16 cents, or 3.08 per cent, to $5.03 by...
AAP -
Friday October 23, 2009, 12:51 pm
Aussie rise stalls as Chinese data fails to surprise
* Aussie slips from around 93 US cents after China data
* Chinese data offers no surprise, prompting profit taking
* Widening rate differentials to support Aussie
By Anirban Nag
SYDNEY, Oct 22...
Reuters Finance News, Australia -
Thursday October 22, 2009, 5:05 pm
Bank of England suggests financial shake-up
British Prime Minister Gordon Brown has dismissed suggestions that the UK's biggest banks should be split up to separate the capital markets side of their businesses - the so called casino...
ABC Business News -
Thursday October 22, 2009, 12:26 pm
WOW Shares Down On View Sales Were 'Weak'
Woolworths shares were weak yesterday as investors moved away from defensive consumer staples and discretionary stocks towards growth and risk. The justification for the shift was not only the...
Australasian Investment Review -
Wednesday October 21, 2009, 8:42 am
Tabcorp Plays Safe On Outlook
Gaming group Tabcorp says conditions continue to be challenging after revenue grew slightly in the first quarter of the year. "In the first quarter of the financial year, our...
Australasian Investment Review -
Tuesday October 20, 2009, 8:55 am
Tabcorp revenues up, expects bumpy ride
Gambling conglomerate Tabcorp Holdings Ltd says trading conditions are still tough after posting a slight lift in first quarter sales.Tabcorp said sales grew by 4.4 per cent in the three months ended...
AAP -
Monday October 19, 2009, 4:26 pm
Harrods raises bar to sell gold
Glittering goods for the well-heeled shopper: Harrods department store has added gold bars to its merchandise line.The store announced on Thursday that it has joined with Swiss refiner Produits...
AAP -
Friday October 16, 2009, 8:41 am
