Archive for August, 2007 Page 2 of 38



Urkraine’s Palmary launches bid for ConsMin

PALMARY Enterprises has launched a $3.95 per share takeover bid for Consolidated Minerals.

Stocks open slightly stronger

TRADING levels for Australian stock exchange indices were unavailable this morning after index provider Standard & Poor’s (S&P) said it was experiencing technical problems.

Stock index levels unavailable after hitch

TRADING levels for Australian stock exchange indices were unavailable this morning after index provider Standard & Poor’s (S&P) said it was experiencing technical problems.

Territory keeps ConsMin bid offer unchanged

CONSOLIDATED Minerals suitor Territory Resources says it will adopt a “wait and see approach” in its efforts to take over the miner, saying it reserves the right to vary its offer.

Qantas to pay for pollution

THE pollution emitted by Qantas aircraft will be offset partly by a carbon-credit program to be launched next month.

Gambling stocks hit hard by flu

TABCORP and Tattersall’s shares tumbled further yesterday as the equine flu forced the cancellation of horse racing in Sydney for two months.

ANZ says position strong, despite credit crisis

ANZ Banking Group says its revenue and expenses growth rates have been high in its target ranges in the first 10 months of fiscal 2007.

Pallinghurst ups offer for ConsMin

PALLINGHURST Resources has increased its takeover offer for Consolidated Minerals, turning up the heat on rival predator Territory Resources, which is compiling a revised bid for the company.

Stocks up at noon following US rebound

THE sharemarket is higher at noon following a rebound in the US market overnight.

Sub-prime crisis claims first Aussie victim

THE US sub-prime mortgage crisis has claimed its first Australian scalp with credit specialist Basis Capital putting one of its funds into provisional liquidation.





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