- Bradken surprises with capital raising- Funds to be used for increased capex and possibly acquisitions- Broker earnings forecasts and price targets trimmed- Two ratings downgrades on the back of the raisingBy Chris ShawBradken ((BKN)) yesterday unveiled a $162 million capital raising and the openi...
Volkswagen of America, Inc. today announced pricing for the all-new 2012 Passat, a vehicle that brings new standards to the highly competitive midsize segment, with a starting MSRP of $19,995. The 2012 Passat offers exceptional features and premium options in three power trains and a variety of equipment levels, with equally impressive pricing.
Boeing (NYSE: BA) added another continent operating the new Boeing Sky Interior with last week's delivery of a Next-Generation 737-800 to GOL Airlines - one of the world's leading low-cost airlines and launch customer in Latin America for Boeing's innovative interior.
The world's most passionate online gaming community can now connect, compete and improve their Call of Duty multiplayer experience through Activision's (Nasdaq: ATVI) innovative new online service, Call of Duty Elite.
Sedgwick Claims Management Services, Inc. (Sedgwick CMS) today announced that it has acquired the assets of Cambridge Integrated Services Group, Inc. ("Cambridge") including the stock of Cambridge Galaher Settlements & Insurance Services, Inc., a direct, wholly-owned subsidiary of Cambridge.
The commodity markets will sustain its growth in the medium to the long term in spite a projected slowdown in inventories of key buyers including China, Xstrata Plc's Chief Executive Officer Mick Davis in a mining conference on Wednesday.
OZ Minerals and the Cambodian government both denied accusations of bribery that the Australian mining company allegedly bribed relatives of the government officials of Cambodia worth hundreds of thousand of dollars in 2009 to get a contract approved.
A new white paper by super fund REST has found home ownership on the decline in Australia.
A former employee of retailer Modestie Boutique has been awarded $9,992 after Fair Work Australia judged her dismissal by text as "harsh, unjust and unreasonable".
Australia’s manufacturing industry continued to contract for the third straight month in May with only three of the 12 sub-sectors experiencing growth according to the latest Australian Industry Group - PwC Australian Performance of Manufacturing Index.
Fortescue Metals Group (ASX: FMG) founder Andrew Forrest will retire as Chief Executive Officer effective 18 July 2011, the eighth anniversary of the company's establishment.
Andrew Forrest will retire as Chief Executive of Fortescue Metals Group Ltd's and take over as its chairman, to get a relief from the everyday operations of the iron ore mining company.
Farm numbers have dropped from 1545 in 1999-2000 to about 580 today, most producing milk for the drinking market.
- Rail update shows both opportunities and challenges for UGL- Earnings guidance reiterated, brokers make only minor changes to forecasts- Broker opinions on UGL remain divided between Buy and HoldBy Chris ShawEngineering and infrastructure group UGL ((UGL)) held an investor day at its Newcastle Rai...
The latest edition of the Enforcement Reporter published by the Hong Kong Securities and Futures Commission (HK-SFC) reports that the latter has recently reached two other agreements on Lehman Brothers (LB)-related products, involving repurchase offers totaling approximately $1.489 billion. To date, the SFC has reached agreements with 25 distributors and non-distributors of such products.
Falling luxury home values are dragging down the Australian property market while affordable properties continue to hold their value, according new data released today.
Mortgage defaults may be up and new home sales down, but the Australian property market is unlikely to crash and burn.
The combination of ongoing seller discounting, healthy rental income growth and longer term capital gains means that investors could benefit from the current market conditions.
The California Public Employees' Retirement System (CalPERS) has strongly endorsed a new guide by the Investor Steering Committee of the Alternative Investment Management Association (AIMA), the global hedge fund association, to promote better alignment of interests between institutional investors and hedge fund managers.
A decline in housing affordability and increased difficulties saving a deposit has shifted the average age of first home buyers upwards.
A report by the ABC's Four Corners has sparked renewed outrage over the export of live Australian cattle to parts of the world without animal welfare protections.
- Charter Hall Office now likely to sell all US assets- Sale price expected to be above book value- Proceeds to be returned to shareholders- Broker opinions on value remain splitBy Chris ShawFor some time Charter Hall Office REIT ((CQO)) has been intending to dispose of some of its US assets but the...
By Greg PeelThe Dow closed up 128 points or 1.0% while the S&P gained 1.1% to 1345 and the Nasdaq added 1.
Well, the old saw about selling in May and going away turned out to be pretty accurate after the big sell off in silver on May 7 triggered the market volatility of the past three and a bit weeks.
Vendor discounting and healthier rental growth should prove enticing to property investors, Mortgage Choice has claimed.
With the Memorial Day weekend which heralds the arrival of summer now a mere memory, market players will refocus their attention on the U.S. economy.
Adelaide Bank has announced its clawback structure to mortgage managers, but has not yet decided on clawbacks in the broker space.
Connective has promised service will be at the core of its white label offering, to be launched early in the new financial year in partnership with National Mortgage Company.
U.S. stocks finished the day's session and May on a buoyant note, shrugging off a spate of weak economic data as investors cheered a new bailout plan for Greece.
US consumer confidence fell from 66.0 to 60.8 in May, well short of forecasts centred on 66.5.
