Archive for December, 2007

McGuigan to change name

WINEMAKER McGuigan Simeon will be known as Australian Vintage if shareholders approve a name change late next month.

RAMS extends debt facilities

RAMS Home Loans Group has extended $750 million of debt facilities, as it continues to seek ways to refinance its commercial paper obligations after falling victim to the US sub-prime mortgage crisis.

Fortescue queried on share split

WHAT does Andrew Twiggy Forrest have to do to take some heat from Fortescue Metals’ shares?

Qantas fires up in pay fight

QANTAS has cancelled leave for its licensed engineers and is looking for replacement workers to try to minimise delays from next month’s industrial action.

Virgin Blue to increase surcharge

VIRGIN Blue Holdings will increase its fuel surcharge from February 2008 due to continued increases in fuel prices.

Europe wants Qantas answers

QANTAS has been given two months by Europe’s anti-trust regulator to explain its role in a global air cargo price-fixing scam involving 11 major airlines.

Babcock upgrades earning forecast

INVESTMENT group Babcock & Brown has raised its full-year earnings guidance after selling some wind energy assets.

Stockland sells out of NZ shopping centres

AUSTRALIA’S third-largest shopping centre owner Stockland has sold its 50 per cent stake in three New Zealand shopping centres to AMP New Zealand for $322 million.

Lend Lease to build new Myer

LEND Lease Development has exchanged contracts with Myer Ltd and APPF Commercial for the development and sale of the new Myer Corporate Store Support Office, at Victoria Harbour in Melbourne.

Mining company takes Ansett name

A PROSPECTIVE resources company named after the failed airline Ansett plans to launch an initial public offer (IPO) early next year.





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