Lighting Corp’s Takeover Saga Looks Set To End
Lighting Corporation's (LCL) board finally got what it wanted – a new offer with the right price this time.
Read MoreLighting Corporation's (LCL) board finally got what it wanted – a new offer with the right price this time.
Read MoreConsolidated Minerals (CSM) has confirmed today that its board has unanimously recommended that shareholders accept a sweetened $1.15 billion takeover offer from Ukranian group Palmary Enterprises.
Read MoreLeighton Holdings (LEI) rose by as much as 3.5% today after it announced that its wholly owned subsidiary Leighton International has entered into a long-term joint venture to undertake contracting of major engineering and construction projects in Abu Dhabi.
Read MoreLove him or hate him, Karl Marx was a pretty smart bloke. While perhaps a long bow to draw, his observation that ‘democracy is the road to socialism', strikes a certain chord with events in modern day America.
Read MoreOctober is turning out to be a bit of a quandary for economists, investors and others.
Read MoreThe ABS also released building approvals for October, which fell by a seasonally adjusted 2.8%, partially reversed the upwardly revised 8.6% rise in September.
Read MoreThere's some good news for farmers.
Read MoreAn initial thumbs down from investors to the move by Hills Industries to reshuffle its TV and antenna assets into listed competitor, BSA, in exchange for a controlling stake.
Read MoreToday Xstrata Coal, a unit of Xstrata, made an all-cash $960 million bid for thermal coal producer Resource Pacific Holdings (RSP), competing with an offer from rival coal miner New Hope last month.
Read MoreDiversified property giant, Lend Lease Corporation (LLC) rose as much as 3.2% on Wednesday after it said it has held private talks with Mirvac Property Group (MGR), spurring speculation about a transaction between the two.
Read MoreAGM's are of interest to investors because companies generally provide trading updates which gives some indication of how the business is tracking early in the new financial year.
Read MoreVeterinary Operator Greencross (GXL) rose by 8.5% today after it announced that it has acquired two additional Veterinary clinics in Surfers' Paradise and Ashmore in Queensland for $2.2 million.
Read MoreAdvanced Surgical Design & Manufacture Limited (AMT), developer of prosthetic implants and medical devices, made its debut on Wednesday at a 6% discount to its issue price of 60 cents.
Read MoreSuddenly there's a stutter in the surging economy, or so it seems.
Read MoreIn a different vein, the latest inflation gauge from TD Securities and the Melbourne Institute shows a high level of price pressures still in the economy.
Read MoreFresh from updating the rapid development and expansion of its Prominent Hill gold and copper mine in South Australia at a cost $1.08 billion, Oxiana yesterday revealed more modest plans to expand the copper component of its Sepon operation in Laos at a cost of around $200 million.
Read MoreThe explanation for the sharp rise in the price of Hills Industries late last week emerged yesterday when the company asked for its shares to be suspended, pending an announcement by tomorrow of a possible acquisition.
Read MoreGold producer and explorer, Bolnisi Gold (BSG) said on Tuesday its shareholders have approved a $1.1 billion takeover offer by silver producer, Coeur d'Alene Mines.
Read MoreFigures out from the Australian Bureau of Statistics suggest the August rate rise did have an impact as consumer spending slowed more than expected for the month of October.
Read MoreGrocery and liquor wholesaler Metcash (MTS), owner of the supermarket brand IGA, posted a 30% rise in first half net profit and said it was on track to deliver its full-year revenue and earnings outlook.
Read MoreCrown (CWN), the gambling business spin-off of defunct Publishing and Broadcasting (PBL) has fallen on its second day of listing, after yesterday displaying a promising debut.
Read MoreMineral exploration company, Orocobre Ltd (ORE) ended flat on its debut on Tuesday after opening at a 12% premium to its issue price of 25 cents.
Read MoreWhile gold was easing sharply, so also was oil and it fell under $US90 a barrel for the first time in a month on concerns that US economic growth will slow.
Read MoreThe surge in hope for a US rate cut next week, and the more confident tone it injected into markets late last week combined to knock gold lower.
Read MoreThe raffling of Rio Tinto continues.
Read MoreNovember, what a heartbreak month you were.
Read MoreGold miner and explorer, Kingsgate Consolidated (KCN) fell by as much as 21% to $3.87 on Monday after the company requested a trading halt pending the release of an announcement.
Read MoreGold producer Newcrest Mining (NCM) announced today that it has signed a definitive joint venture agreement (JVA) with two Japanese mining groups, Nittetsu Mining Co and Mitsubishi Materials Corporation, to explore for copper-gold in the Namosi region of Fiji.
Read MoreMedical technology company Ventracor (VCR) said today that the US Food & Drug Administration (FDA) has recommended conditional approval for the marketing of a second generation Left Ventricular Assist Device (LVAD), developed by rival company Thoratec.
Read MoreOxiana (OXR) announced today that it has approved a $200 million expansion at its Sepon copper project in Laos in order to increase copper output by as much as 30%.
Read MoreWhile most energy firms struggled today following a slump in oil prices in the US on Friday, Cooper Energy soared as much as 80% to an all time high of $1.295 after it said it had discovered a new oil field in the Cooper Basin. In addition, oil shows have been detected at its Indonesian well.
Read MoreInvestment bank, Goldman Sachs JBWere now says there won't be a rate rise in Australia next year because of the worsening prospects for the US and world economies, the continuing upward pressure on market interest rates, and the fact that risk levels are now at or near record highs.
Read MoreSix years after writing off billions of dollars of write-downs and losses on poorly run mortgage business, the National Australia Bank moved back into the US market.
Read MoreThe chances of a capital return for Woolworths shareholders in 2008 have dropped following a court decision that will allow the retailer to bid for The Warehouse Group, in competition with its Kiwi grocery rival, Foodstuffs.
Read MoreOf all the sectors that have been an indicator of trouble in the Australian economy, none have been as good as the broadacres housing development and the CBD office tower, or commercial property.
Read MoreCape Lambert Iron Ore (CFE) will proceed with caution when it comes to potential new interests in the business after $270 million sale agreement fell through earlier in the year, the business told its shareholders. Speaking at the annual general meeting today, chairman Ian Burston said the business will not take success for granted.
Read MoreTasmanian Timber Giant Gunns (GNS) has finally taken formal ownership of Auspine after a long drawn out takeover battle.
Read MoreAt its AGM today, Murchison Metals (MMX) said that it has not ruled out offering an additional sweetener to get its all-scrip takeover bid accepted by Midwest Corporation (MIS)
Read MoreTattersalls Limited (TTS) told its shareholders today it will be hard to beat last years operating profit result, due to regulations imposed on the business by the Victorian government.
Read MorePrimary Health Care (PRY) announced today that it will declare its $4.10 offer for Symbion Health (SYB) unconditional and accelerate the payment terms if it receives at least 50.1% of acceptances by December 10.
Read More