LUXURY department store chain David Jones is stealing sales from rival Myer at its Bourke St store in Melbourne as cashed-up shoppers shift allegiances, propelling profits to their highest level in more than a decade.
Archive for September, 2007 Page 2 of 639
BHP Billiton’s incoming chief executive, Marius Kloppers, is in line to pocket up to $US5.18 million (nearly $6 million) in his first year in the top job, in salary and short-term cash and share bonuses.
INDIA’S benchmark Sensex index crossed the key 17,000-point level for the first time in opening trade on hopes of higher quarterly earnings and sustained overseas fund flows, dealers said.
AGRICULTURAL chemicals firm Nufarm Ltd says it expects strong growth to return in fiscal 2008 despite the continued drought.
OUTGOING BHP Billiton Ltd chief executive Chip Goodyear will leave the miner with his wallet bursting at the seams, with a salary package worth almost $9 million.
SHARES in Unwired Group Ltd have been placed in a trading halt following a request by the company.
BHP Billiton Ltd has almost doubled the resources at its Olympic Dam mine in South Australia, but rumours that the company was sitting on the world’s largest gold resource have fallen short.
TOP-end retailer David Jones Ltd has posted a 35 per cent jump in annual net profit and reconfirmed it is well-positioned for the 2008 financial year.
MYER bosses have finished 16 months of rebuilding the department store group and are now moving to growth with plans for 20 new stores and to lift sales by 50 per cent to $5 billion.
ONLINE social networking site Facebook will be worth as much as $US15 billion ($17.4 billion) if software giant Microsoft succeeds in grabbing a slice of the booming web player.
