| BHP | BHP Billiton has priced a Canadian bond under its Euro Medium Term Note Programme. The Canadian bond issue comprises C$750 million 3.23% bonds due 2023. The proceeds will be used for debt refinancing including the retirement of commercial paper. | Company report |
| CSL | CSL rival, Baxter, has announced that its Phase III trial on the use of Gammagard for the treatment of Alzheimer’s disease failed to help patients | iress |
| ORG | ORG has signalled it is willing to work with Arrow LNG to develop the company’s APLNG project | AFR |
| SWM | Telstra and Seven West Media have agreed to enter into a $10.4 million strategic partnership with HealthEngine, Australia’s leading online consumer health marketplace. Telstra and Seven West Media will each invest $5.2 million through a combination of cash and value-in-kind to secure a significant stake in the business. HealthEngine is Australia’s largest online health directory and includes appointment booking service Open Appointments. Healthengine.com.au receives more than 450,000 unique visitors each month. To date, the Open Appointments service has offered 600,000 health appointments with more than 2,000 practitioners at 400 health practices across Australia. Patients are able to make appointments 24/7 online or via HealthEngine’s popular mobile app. | Company report |
| SWM | SWM said it was through the worst of an industry-wide advertising malaise, sparking a rally in its shares even as the broadcaster and publisher forecast a modest decline in underlying annual profit. Net profit in its fiscal year to June 30 would be “a few million down” on last year’s 226.9 million Australian dollars (US$230.9 million), or 2-4% lower on an underlying basis, Chief Executive Don Voelte said at an investor briefing on Wednesday. Underlying profit strips out non-recurring items such as writedowns and proceeds from asset sales. “But even if advertising doesn’t alter its present trends, we believe that fiscal-year 2013 was the worst of it for our company on a net profit basis,” Mr. Voelte said. | Company report |
| TLS | Telstra and Seven West Media have agreed to enter into a $10.4 million strategic partnership with HealthEngine, Australia’s leading online consumer health marketplace. Telstra and Seven West Media will each invest $5.2 million through a combination of cash and value-in-kind to secure a significant stake in the business. HealthEngine is Australia’s largest online health directory and includes appointment booking service Open Appointments. Healthengine.com.au receives more than 450,000 unique visitors each month. To date, the Open Appointments service has offered 600,000 health appointments with more than 2,000 practitioners at 400 health practices across Australia. Patients are able to make appointments 24/7 online or via HealthEngine’s popular mobile app. | Company report |
| VAH | Richard Branson has suggested he may sell his remaining 13% stake in VAH, saying his image branding agreement with the airline was more important than an equity holding | SMH |
| WOR | Maersk Oil Qatar has awarded WorleyParsons Qatar WLL a four year “General Design Contract” to conduct engineering design modifications and material definition for works associated with the Al Shaheen offshore oil production facilities operated by Maersk Oil in Qatar. The Al Shaheen field is located in Block 5 offshore Qatar and is operated under a production sharing agreement on behalf of Qatar Petroleum. WorleyParsons Qatar will provide brownfield design engineering services ranging from front-end engineering to detailed design, to yield enhanced operation, production, safety and efficiency improvements for the existing facilities; and if so defined by Maersk Oil, design services for additional production and/or operational facilities. Under the “General Design Contract”, WorleyParsons Qatar will perform a significant volume of professional services man-hours with an estimated revenue of approximately USD$90 million. | Company report |
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