Cardno Ltd said Monday that it is set to raise $49 million through capital raising, which the company intends to use on planned acquisitions of two leading US environmental consultancy group and balance sheet strengthening.
Erik Pineda
Jul 05, 2010
The Australian dollar moved up ending a five-day drop against other currencies, as Asian stocks advanced and signs the nation's labour market is improving enticed demand for higher-yielding assets.
Christine Gaylican
Jul 05, 2010
A snapshot of economist responses to today's TD Securities inflation gauge and ANZ's job ads survey.
Admin System
Jul 05, 2010
Private buyers armed with boosted confidence came back blazing on the market in June and pushed the month’s new car sales to a record high, according to the latest figures released by the Federal Chamber of Automotive Industries (FCAI) on Monday.
Erik Pineda
Jul 05, 2010
Crude oil futures plunged for a fifth consecutive session today, recording the steepest weekly decline since early May.
Sharon Olalia
Jul 05, 2010
The Australian share market is currently posting some modest gains with the S&P/ASX 200 index currently flat. Our miners are mostly stronger with the S&P/ASX 200 Materials index up just over 0.5pct or 59pts to 11316.6.
James Kong
Jul 05, 2010
Asian stocks jumped at mid-day trading, lifting the MSCI Asia Pacific Index higher for the first time in five days, as takeover news of two Australian companies and a weaker yen boosted the outlook for Japan's exporters raised the appetite of investors.
Christine Gaylican
Jul 05, 2010
Macquarie Telecom Group claims its preliminary full year results have come in above guidance.
Sharon Olalia
Jul 05, 2010
Shares in Centennial Coal have opened 34 per cent stronger after the company agreed to a $2.5 billion acquisition offer from Thailand's Banpu Public Co Ltd.
Sharon Olalia
Jul 05, 2010
There remain mixed views on the outlook for oil prices, with ANZ Bank identifying some short-term downside risks but Barclays and Commonwealth Bank remaining positive on medium-term prospects.
Admin System
Jul 05, 2010
The rate of inflation soared for the eighth straight month in June, along with the prices of food, travel and insurance services while Australia moves closer to total employment.
Sharon Olalia
Jul 05, 2010
Elders Ltd still enjoys the support of its banking partners and the company’s long-term outlook is very much encouraging, that according to chief executive Malcolm Jackman as Elders came out as one of the worst performing stocks on the Australian Securities Exchange (ASX) in the 2009/10 financial year.
Erik Pineda
Jul 05, 2010
CSR shares rose 3.2 per cent this morning after the Australian conglomerate disclosed it had cut a deal to sell Sucrogen to Wilmar International for $1.75 billion, outdoing China's Bright Food Group offer of $1.65bn.
Sharon Olalia
Jul 05, 2010
Online job ads in June registered a mere increase of 0.14 percent in June, as analysts gave indications that employers for now may be on the waiting-mode for some possible effects of an early federal elections on workplace regulations.
Erik Pineda
Jul 05, 2010
Centennial Coal is urging its shareholders to consent to the cash takeover offer worth $6.20 per share from Banpu Public Co Ltd, a company based in Thailand.
Christine Gaylican
Jul 05, 2010
According to a recent survey released showing another significant increase rise in the number of new jobs being offered, a surprising 30+ per cent of Australian workers are intending to change jobs soon.
Christine Gaylican
Jul 05, 2010
Vice President Ge Junjie of Bright Food Group of China finally announced its offer of $1.65 billion for Sucrogen, the renewable energy and sugar business of CSR, following several weeks of speculation.
Christine Gaylican
Jul 05, 2010
A nasty week that hopefully is not going to be a precursor on more to come.Markets in the US suffered falls of 3% to mor...
Admin System
Jul 05, 2010
A nasty week that hopefully is not going to be a precursor of more to come.Markets in the US and around the globe suffer...
Admin System
Jul 05, 2010
One day's fall doesn't usually mean much, but last Thursday's $US40 plunge in gold prices has worried a lot of people.Go...
Admin System
Jul 05, 2010
One day's fall doesn't usually mean much, but last Thursday's $US40 plunge in gold prices has worried a lot of people.Go...
Admin System
Jul 05, 2010
Friday's close on the sharemarket was probably the best immediate reaction to the new mining tax deal announced earlier ...
Admin System
Jul 05, 2010
The Reserve Bank won't touch rates tomorrow.Nor will the European Central Bank or the Bank of England which also hold in...
Admin System
Jul 05, 2010
The Reserve Bank won't touch rates tomorrow.Nor will the European Central Bank or the Bank of England which also hold in...
Admin System
Jul 05, 2010
The US market retreated modestly during Friday's session as the much anticipated non-farm payrolls came in weaker than expected. It showed total job losses of 125,000, roughly 10,000 worse than what the market had been expecting.
James Kong
Jul 05, 2010
US non-farm payrolls (employment) fell by 125,000 in June, above forecasts for a decline of 100,000 workers.
James Kong
Jul 05, 2010
The Australian share market is expected to open lower today after weak employment growth in the US cause fears about the strength of the world's largest economy.
Sharon Olalia
Jul 05, 2010
For all the commotion raised regarding foreign investment in the housing sector, an overlooked feature is the foreign demand for mortgage and bank debts of Australia necessary to keep housing loans afloat and moving and prices rising.
Christine Gaylican
Jul 05, 2010
U.S. stocks fell Friday, with General Electric, Caterpillar and 3M among the decliners following disappointing reports on U.S. employment and factory orders.
James Kong
Jul 05, 2010
The US, Europe, China and Japan might be slowing, but India is booming, or so it seems after Friday's unexpected interes...
Admin System
Jul 05, 2010
