ARISTOCRAT Leisure has taken a battering on the stock market today after predicting that net profit for first-half 2008 would come in around $70 million, or 15.4 cents per share.
Archive for July, 2008 Page 2 of 29
MACARTHUR Coal has posted an increase in quarterly coal sales after an easing in shipping congestion and increased usage of stockpiles allowed it to overcome a drop in production.
FORMER Insurance Australia Group chief executive Michael Hawker received a final payout of close to $2 million after he resigned from the general insurer in May.
WORLD oil prices eased in Asian trading today ahead of a weekly US report on energy stockpiles expected to reinforce worries over slackening demand, analysts said.
AXA Asia Pacific has appointed Michael Bishop, who headed Prudential Corporation Asia, to lead its Asian operations.
BG GROUP, the UK’s third largest natural gas producer, is likely to raise its hostile $13.7 billion takeover bid for power retailer Origin Energy according to analysts.
BHP Billiton expects the regulatory process for its proposed $US148 billion ($155.53 billion) takeover of rival Rio Tinto to be completed by the end of the year.
INFLUENTIAL US investor T Boone Pickens says he has dumped millions of shares of Yahoo stock at a loss.
REGIONAL pay television operator Austar United Communications has posted a first half net loss, but says subscriber numbers have increased and the outlook is positive.
OIL fell to its lowest level in nearly three months yesterday, extending a steep slide since mid-July on mounting evidence high prices and a souring economy were cutting into world energy demand.
