|
InvestorShop | Traders & Investors Network | Scam Smart Australia | Trading Day Magazine |
|
Australian Company News 23 March 2009 (Monday) | ||
| AFG | ALLCO FINANCE GROUP | Former Allco staff put case to clarify their employment status (The Sydney Morning Herald) FIFTY former employees of Allco Finance Group have persuaded the receivers representing the collapsed company's banks to ask a judge whether they were employed by the asset-rich parent company of the group, or an empty subsidiary service company... |
| AGK | AGL ENERGY | Revamped BBW finds its second wind (The Sydney Morning Herald) Both Australia, where BBW claims market leadership against one major challenger AGL Energy, and America, where it is ranked fourth, offer better long-term opportunities in terms of picking up existing or new wind farms and in particular the development rights to build future sites, according to Mr George. Appointed the company's in-house managing director on January 1 as part of transfer of management rights from B&B, Mr George was previously BBW's managing director but was employed by the bigger group as part of the services it provided to the "baby Babcock".... |
| APN | APN NEWS & MEDIA | Independent pulls debt raising (The Sydney Morning Herald) INDEPENDENT News & Media, the largest shareholder in the Australian and New Zealand publisher APN News & Media, ditched a planned private bond issue over the weekend, blaming the deterioration on credit markets... |
| BBW | BABCOCK & BROWN WIND PARTNERS GROUP | Revamped BBW finds its second wind (The Sydney Morning Herald) THE listed wind energy offshoot of Babcock & Brown will focus its future operations in Australia and the US as it prepares to sever its final connections with its now-failed former parent... |
| BBW | BABCOCK & BROWN WIND PARTNERS GROUP | Big drop from the top (The Sydney Morning Herald) Coming down the corporate ladder is best done in stages... |
| BNB | BABCOCK & BROWN | Revamped BBW finds its second wind (The Sydney Morning Herald) THE listed wind energy offshoot of Babcock & Brown will focus its future operations in Australia and the US as it prepares to sever its final connections with its now-failed former parent... |
| BNB | BABCOCK & BROWN | Big drop from the top (The Sydney Morning Herald) Coming down the corporate ladder is best done in stages... |
| FKP | FKP PROPERTY GROUP | Spotlight on FKP after big jump in share price (The Sydney Morning Herald) FKP PROPERTY will be under the spotlight when trading resumes today, amid speculation its two largest shareholders, Mulpha and Stockland, could be looking to split some of its assets... |
| FUN | FUNTASTIC | Toying around (The Sydney Morning Herald) The following toys are likely to be off the list of things to get Lachlan Murdoch's littlies for birthdays and Christmas: Flutterbye Fairy Globe Razor RipStik Air Roboraptor Electronic Hulk Hand Tekno Puppy After all, the toys are all distributed by Funtastic, in which Lachlan now has a hefty stake while he waits for a media opportunity to emerge... |
| FXJ | FAIRFAX MEDIA | For the big end of town, there is such a thing as a free launch (The Sydney Morning Herald) ON THE internet, even millionaires' row is now free... |
| FXR | FOX RESOURCES | Fox chases Reward (The Sydney Morning Herald) Fox Resources last week staged a surprise bid for its fellow explorer Hannans Reward. Both have promising iron ore and nickel prospects in Western Australia. Fox has a market value of $26 million, while Hannans is worth $7 million... |
| GFF | GOODMAN FIELDER | Goodman aims to keep ahead of the pack (The Sydney Morning Herald) FOR Peter Margin, the managing director of food group Goodman Fielder, there are some lessons to be learnt from Pacific Brands... |
| HNR | HANNANS REWARD | Fox chases Reward (The Sydney Morning Herald) Fox Resources last week staged a surprise bid for its fellow explorer Hannans Reward. Both have promising iron ore and nickel prospects in Western Australia. Fox has a market value of $26 million, while Hannans is worth $7 million... |
| OUM | OUTBACK METALS | Outback merger (The Sydney Morning Herald) At the very tiny end of town, Outback Metals has struck an agreed scrip merger with Queensland Ores. Back in December, Queensland Ores borrowed $600,000 from Outback, which in tandem granted Outback the right to conduct exclusive due diligence on the smaller company... |
| OZL | OZ MINERALS | Still no word on FIRB approval for OZ bid (The Sydney Morning Herald) AFTER deferring decisions on Chinese attempts to buy into Rio Tinto and Fortescue Metals, the Foreign Investment Review Board has yet to make a ruling on Minmetals's takeover bid for OZ Minerals... |
| PDN | PALADIN ENERGY | A natural fusion (The Sydney Morning Herald) Larger companies are also taking advantage of low asset prices as an opportunity to buy smaller rivals. The uranium miner Paladin Energy made scrip acquisitions, such as Summit Resources, at the peak of the boom and it has not changed tactics in light of the downturn... |
| QAN | QANTAS AIRWAYS | Must like risk (The Sydney Morning Herald) Qantas has moved quickly in response to reports that it faces a $283 million shortfall in its superannuation scheme after investment losses... |
| QOL | QUEENSLAND ORES | Outback merger (The Sydney Morning Herald) At the very tiny end of town, Outback Metals has struck an agreed scrip merger with Queensland Ores. Back in December, Queensland Ores borrowed $600,000 from Outback, which in tandem granted Outback the right to conduct exclusive due diligence on the smaller company... |
| RAT | RUBICON AMERICA TRUST | Fee hit for failing Rubicon America (The Sydney Morning Herald) THE Allco-owned Rubicon Asset Management and its founder, Gordon Fell, charged more for managing the stricken Rubicon America Trust last year, despite the fund heading into receivership and reporting a $587 million full-year loss in the 12 months to December 31... |
| REA | REA GROUP | For the big end of town, there is such a thing as a free launch (The Sydney Morning Herald) ON THE internet, even millionaires' row is now free... |
| SMM | SUMMIT RESOURCES | A natural fusion (The Sydney Morning Herald) Larger companies are also taking advantage of low asset prices as an opportunity to buy smaller rivals. The uranium miner Paladin Energy made scrip acquisitions, such as Summit Resources, at the peak of the boom and it has not changed tactics in light of the downturn... |
All rights reserved. © Company News Monitor™
Company News Monitor is a trademark and division of Research & Publications Group Proprietary Limited.
Home | About Company News Monitor | Terms & Conditions of Use | Contact Us