James Hardie reports $A106.5m loss
Building products supplier James Hardie Industries NV has reported a net loss in the first half of fiscal 2010, but says full year earnings still should enable it to contribute to the asbestos...
AAP -
Monday November 23, 2009, 9:26 am
Brambles says US pallets demand falls
Pallet supplier and information management company Brambles Ltd says it does not expect to put four million excess pallets in the United States back into use until after the company's current...
AAP -
Sunday November 22, 2009, 3:40 pm
Rio to receive $US741 million
Global miner Rio Tinto says it will receive total proceeds of at least $US741 million in connection with the recent initial public offering (IPO) of Cloud Peak Energy Inc, and related...
AAP -
Sunday November 22, 2009, 12:47 pm
Seven banks face Moody's review
Moody's Investment Services Ltd review of $24 billion worth of hybrid securities extends to seven Australian banks and some subsidiaries, including $9.5 billion issued by Commonwealth Bank of...
AAP -
Friday November 20, 2009, 8:03 pm
JP Morgan to buy ANZ custodian business
ANZ Banking Group Ltd will sell its custodian services business to US Banking giant JP Morgan as the Australian lender moves to focus on its core markets in the Asia Pacific region."Custodian...
AAP -
Friday November 20, 2009, 5:16 pm
Australia shares slip 1.3 pct on recovery doubts
(Adds comments, details)
By Denny Thomas
SYDNEY, Nov 20 (Reuters) - Australian shares fell 1.3
percent on Friday to a two-week closing low, as companies with
large export earnings, such as...
Reuters Finance News, Australia -
Friday November 20, 2009, 4:51 pm
Australia shares drop 1.3pct to 2-week closing low
(Updates to provisional close, changes dateline)
SYDNEY, Nov 20 (Reuters) - Australian shares fell 1.3
percent to a near two-week closing low on Friday, as companies
with large offshore earnings...
Reuters Finance News, Australia -
Friday November 20, 2009, 4:22 pm
Australia shares slip on growth worry; banks down
(Adds CBA, Baraka Petroleum)
MELBOURNE, Nov 20 (Reuters) - Australian shares dropped 1.4
percent on Friday on concerns the U.S. economic recovery was
losing momentum, while miner Rio Tinto (ASX:...
Reuters Finance News, Australia -
Friday November 20, 2009, 2:29 pm
Australia shares fall on growth jitters; Rio slides
(Adds comments, stocks on the move)
MELBOURNE, Nov 20 (Reuters) - Australian shares dropped 1.5
percent on Friday on concerns the U.S. economic recovery was
losing momentum, while miner Rio Tinto...
Reuters Finance News, Australia -
Friday November 20, 2009, 11:28 am
Australia shares seen weaker on recovery worries
SYDNEY, Nov 19 (Reuters) - Australian shares are set to
open weaker on Friday after Wall Street was rattled by concerns
the U.S. economic recovery was losing momentum, while softer
commodities...
Reuters Finance News, Australia -
Friday November 20, 2009, 8:27 am
Brambles Sees Lower Revenues
Brambles has changed CEOs and other senior managers and now the market is changing Brambles' outlook to one not so rosy. The company told yesterday's AGM in Melbourne that group sales for...
Australasian Investment Review -
Friday November 20, 2009, 8:05 am
Fortescue Metals continues rail fight
Fortescue Metals Group Ltd says it remains hopeful it will eventually gain access to rail owned by mining giant Rio Tinto Ltd in Western Australia's Pilbara region.Chief executive Andrew Forrest...
AAP -
Thursday November 19, 2009, 9:31 pm
Brambles yet to see pickup in economy
Brambles Ltd chairman Graham Kraehe says the improving economy is still to translate into increased activity, as revenue fell three per cent over the first four months of 2009/10 due to a softer US...
AAP -
Thursday November 19, 2009, 6:02 pm
Amcor to raise $US850m
Amcor Ltd plans to pay loans and extend maturities on its $3.4 billion of net debt by raising $US850 million ($A918 million) in the US private placement market.The packaging and plastics giant said...
AAP -
Thursday November 19, 2009, 5:25 pm
Australia shares up 0.2pct,buoyed by banks;IAG jumps
* S&P/ASX 200 closes at 4,749.2, up 10.2 points
* Banks, property stocks underpin market
* IAG jumps on bid hopes, but analysts say unlikely
(Adds analysts' comments)
By Sonali Paul
...
Reuters Finance News, Australia -
Thursday November 19, 2009, 5:20 pm