World Economic and Company News for 07/02/12
CBA CBA has released its Q1 trading update with a profit of $1.85bn (+5.7%), flat margins, positive “jaws” (revenue growth exceeding cost growth), bad debt charge $291m (fine), trading income up....
View ArticleCompany News for 13/11/12
LEI Leighton Contractors announced that it has been selected as the preferred proponent by Wynn Resorts to design and build the Wynn Cotai integrated hotel resort in Macau, the world’s biggest gaming...
View ArticleCompany News for 14/11/12
CDU CuDeco is undertaking a placement of up to 6,976,674 ordinary shares at $4.30 to raise up to $30 Million before expenses of the issue. CuDeco recognizes the stability that comes from a globally...
View ArticleCompany News for 15/11/12
15/11/2012 TOX At its AGM, TOX expects trading to remain challenging but still looks for an increase in earnings in FY13 compared to FY12 (Shaw +23% to $21.2m; consensus +34% to $23.1m). Overall, TOX...
View ArticleWorld Economic and Company News for 29/11/12
JBH JB Hi-Fi announces the launch of JB HI-FI “HOME” concept stores. These stores will range all of the products that customers love from JB Hi-Fi plus “HOME”, signifying a full range of whitegoods,...
View ArticleWorld Economic and Company News for 30/11/12
MTS Reported revenue rose 3.5% from 1H12 to $6.34 billion. Wholesale sales rose 3.5% from 1H12 to $6.28 billion. EBITA grew 1.2% from 1H12 to $206.2 million. Underlying Profit After Tax grew 4% from...
View ArticleWorld Economic and Company News for 07/12/12
FWD FWD and RIO have entered into a new accommodation agreement for the Searipple Village. The agreement commenced on 1 December 2012 and is for an initial term of one-year (with four 6-month...
View ArticleWorld Economic and Company News for 12/12/12
CCL CCA expects to generate between 4-5% growth in net profit for 2012, before significant items. CCA’s Group Managing Director, Terry Davis said, “CCA has continued to outperform its peer group and...
View ArticleWorld Economic and Company News for 13/12/12
EGN Fabrication underperformance, early return of lease locomotives, decline in mining business, margin pressure and writedowns to see NPAT loss of $11m. Company report EGN Elph Pty Ltd (announces...
View ArticleWorld Economic and Company News for 14/12/12
Al Aluminium smelters in China, the world’s top producer and consumer of the metal, have agreed on higher ratios of metal prices next year to value purchases of the raw material alumina, spurred by...
View ArticleCompany News for 18/12/12
DLX DuluxGroup announces that its relevant interest in Alesco as at 7pm on 17 December 2012 is 90.1% with a bid of $1.631 per share Company report CFE Cape Lambert Resources wishes to advise that it...
View ArticleWorld Economic and Company News for 20/12/12
AGK APA Group and AGL Energy have completed limited-recourse project financing of the 242 MW Diamantina Power Station (DPS) and 60 MW back-up generation capacity at Mount Isa. APA and AGL are...
View ArticleCompany News for 23/01/13
ASX The former secretary of the Federal Treasury, Ken Henry, has been appointed as the next board member of ASX AFR BHP Iron Ore production for the Dec’12 quarter was 6% higher than the Sep’12...
View ArticleCompany News for 07/02/13
ALZ Property developer and owner Australand’s full-year profit has risen by 28 per cent and the company expects further earnings growth in 2013. Australand has $2.3 billion in investments in...
View ArticleCompany News for 20/02/13
AAX Record revenue from operations, up 15.6% to $633.5 million (FY11: $547.9 million). Underlying EBITDA increased to $68.0 million (FY11: $46.9 million). Underlying EBITDA margin increased to 10.7%...
View ArticleCompany News for 25/02/13
APZ Core Operating Profit After Tax as assessed by the directors, for the period was $10.415 million ($7.499 million for the six months ended 31 December 2011), reflecting a 39% increase from the...
View ArticleCompany News for 26/02/13
ABP ABP’s statutory profit is $23.7 million ($2.4 million in HY12). Abacus underlying profit $42.4 million ($39.8 million in HY12). Abacus underlying earnings per security 9.59 cents (10.35 cents in...
View ArticleCompany News for 07/03/13
ALK RC drilling of the Caloma Two deposit within the Tomingley Gold Project continues to return strong results including the highest grade intersection recorded within the TGP: PE 873 1 metre grading...
View ArticleCompany News for 19/03/13
ABU ABM Resources NL is pleased to provide an update on the development of the Old Pirate High-Grade Gold Project located in the Northern Territory of Australia. Stage One – Trial Mining to reconcile...
View ArticleCompany News for 26/03/13
AAX Ausenco announced it had signed the Create phase contract to deliver engineering, procurement and quality assurance services (EP services) for a portion of the infrastructure works at Compañia...
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