At Last, A Bid For SYB From PRY
At last Primary Health Care has revealed the colour of its money and put a bid on the table for Symbion Health.
Read MoreAt last Primary Health Care has revealed the colour of its money and put a bid on the table for Symbion Health.
Read MoreAs world oil prices bounce around short of the symbolic $US100 a barrel mark, a new report has emerged suggesting that prices much higher than that will confront the world economy in coming decades.
Read MoreEconomics is a pretty simple subject. Strong demand leads to rising prices, which in turn sends a signal to the market to increase supply. The additional supply then pushes the price level back down until a new equilibrium is reached. Simple.
Read MoreTravel company, Flight Centre (FLT)'s shares hit a one-year high of $27.50 on Friday before requesting a trading halt in anticipation of a ‘major acquisition'.
Read MoreMacmahon Holdings (MAH), a mining and civil construction company said on Friday it has been awarded a ten year quarrying contract in South East Asia for the world's largest cement producer Lafarge.
Read MoreMining company, Monarch Gold Mining (MON) said on Friday it acquired a $65 million Mount Magnet Gold Operations project in Western Australia.
Read MoreWest Australian Newspapers Holdings (WAN) posted a fall in its first quarter net profit for the 3 months to September, 2007 to $20.6 million from the $25.5 million of prior corresponding period.
Read MoreNo wonder CSR shares eased in yesterday's generally upbeat market.
Read MoreAll being well Coles Group will cease to exist as a listed company after this Friday after shareholders yesterday voted overwhelmingly in favour of the $20 billion takeover offer from Wesfarmers.
Read MoreCrude oil climbed above $98 a barrel for the first time and gold headed past $US840 an ounce and bound for a new high.
Read MoreUnless there's a rise in unemployment and a definite slowing in domestic economic activity from the current 5% a year plus growth in non-farm domestic product, further rate hikes will almost certainly be delivered by the Reserve Bank next year.
Read MoreNews Corporation (NWS) posted strong growth in operating income today, largely on the back of the success of The Simpsons Movie. Compared with the same period last year, operating income grew 23% in the three months to 30 September, on revenue growth of 19%. With operating earnings growing faster than revenues, profit margins widened.
Read MoreShares in the debt management company, Credit Corp Group (CCP) plummeted as much as 47.1% to $5.60 after it downgraded its FY2008 financial net forecast by as much as 29%.
Read MoreLion Nathan (LNN) said today it has entered into an agreement to acquire Tasmanian brewer, J Boag & Son for $325 million from Philippines based San Miguel Corporation.
Read MoreHome appliances business Fisher & Paykel (FPA) reported 16.6% increase in its half yearly net profit driven by increased sales, new product releases and continued cost cutting down activities.
Read MorePharmaceutical company, Peptech (PTD) has been renamed Arana Therapeutics Ltd after shareholders approved the change on Thursday.
Read MoreThe Reserve Bank lited interest rates by 0.25% today to 6.75%, ignoring an election campaign and the obvious discomfort of the Howard Government, plus a lot of other people with mortgages and other loans.
Read MoreWorld oil prices rose sharply in October to finish above $US90 a barrel and rising, but the Australian dollar also firmed during the month and as a result the local price of petrol failed to reach the levels indicated by the global price.
Read MoreA bullish third quarter statement from Westfield Group all but fell on deaf ears yesterday.
Read MoreStationery and office supplies group, Corporate Express Australia (CXP) experienced a third quarter slowdown, but is confident about the full year's result.
Read MoreBuilding materials and sugar company CSR reported disappointing profits for the six months to September 30, 2007 today, with a strong dollar and weak prices impacting the bottom line result.
Read MoreSunset Energy (SEY) fell by as much as 12.5% today after debuting yesterday at a 60% premium to its issue price of 20 cents.
Read MoreAustralasian Resources (ARH) said on Wednesday it plans to spin-off its nickel and other assets into a separate listed entity. This follows an earlier announcement that CITIC Pacific Ltd has concluded agreements with privately owned Mineralogy and ARH's major shareholder, Professor Clive Palmer to acquire another iron ore project at Balmoral, in the Pilbara region of Western Australia.
Read MoreShares in Midwest Corporation (MIS) rose today after the company announced that it would not be accepting Murchison Metals' $1 billion-plus scrip takeover offer as its top 20 shareholders had rejected it.
Read MoreThe US dollar continues to crumble, threatening to throw the global system of floating currencies out of control.
Read MoreOn the eve of the Reserve Bank's November meeting in Sydney today, more data suggesting the economy is burbling along at close to full speed, with all the attendant perils.
Read MoreCitigroup, America's biggest bank, is now facing its toughest time for years as it battles a huge credibility problem and billions of dollars more in new write downs.
Read MoreMore than $50 billion wiped off the capitalisation of the Australian stockmarket in the most serious reaction to the subprime mortgage crisis and its fallout for a couple of months.
Read MoreThe action continues in the mining services and contracting industries.
Read MoreShares in NIB (NHF) have continued to rise by as much as 11% today after the Newcastle-based health insurer made its debut on the ASX at a large premium yesterday.
Read MoreLighting Corporation (LCL) formally advised its shareholders on Tuesday to reject the Gerard Lighting Acquisitions' offer after an independent expert found the offer to be ‘neither fair nor reasonable'.
Read MoreAustralian gold explorer and developer Republic Gold (RAU) rose by as much as 36% today after it said it had raised $5.7 million from a placement of around 76.5 million shares to a group of sophisticated investors at a share price of 7.5 cents.
Read MoreShares in Beach Petroluem (BPT), an oil and gas explorer, rose as much as 2.37% to $1.51 on Tuesday, after the company said it is expanding its exploration activities with a foray into the European Oil and Gas Industry.
Read MoreIt sounds like a bit of a re-run of the end to the previous week.
Read MoreAnother nervy week for investors here and around the world.
Read MoreThe strong Aussie dollar continues to carve up the share prices of leading Australian companies.
Read MoreRio Tinto Group is moving to mop up the rest of Alcan's issued capital after emerging with a 90.2% stake in its $US38.1 billion offer.
Read MoreAustralasian Resources (ARH), an Australian-based resource company, rose as much as 3.62% or 5.5 cents on Monday after it said CITIC Pacific has concluded agreements with Mineralogy and Professor Clive Palmer to acquire Korean Steel Pty Ltd.
Read MoreAGL (AGK) announced today that it plans to build another wind farm at Hallett Hill in South Australia which will be in operation by November 2009.
Read MoreShares in crop protection group Nufarm (NUF) soared as much as 12.3% on Monday to hit a 52-week record of $17.52 after the company said it had agreed to a takeover proposal worth up to $3 billion from a consortium led by China National Chemical Corporation (ChemChina).
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