COMPANIES

Whitehaven likely target of US firms

American companies First Reserve and Alpha Natural Resources (NYSE:ANR) are contemplating a $3 billion takeover of Australia's Whitehaven Coal (ASX:WHC), which has confirmed it has had a data room open to suitors for some time.

Watson possibly eyeing Sigma

US-based Watson Pharmaceuticals (NYSE:WPI) has not ruled out a $600 million takeover bid for Australian healthcare group Sigma Pharmaceuticals (ASX:SIP).
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Food Science and Technology Award Winners

The 43rd Australian Institute of Food Science and Technology Convention was held last week with a number of awards being presented to worthy winners. Most notably were the AIFST Food Industry Innovation Award, President's Award, Bruce Chandler Book Prize and Jack Kefford Award.Preshafood Ltd has won...

Boost for Victorian Dairy industry

A $40 million Victorian Government investment has the potential to deliver a $320 million benefit to Victoria's dairy industry, Agriculture Minister Joe Helper said today.Launching the Dairy Futures Cooperative Research Centre (CRC) at Bundoora today, Mr Helper said the largest single investment in...

Coles says Cheese

Coles has joined CheeseFest as the major sponsor for 2010. CheeseFest is a celebration of Australian cheeses, taking place Sunday 17 October 2010 at Rymill Park.A highlight on the South Australian calendar, Coles CheeseFest 2010 is set to be the biggest and best cheese festival yet.Coles Zone Gene...

Health Insurers In New Zealand Report Higher Claims

In spite of the fact that there has been adverse economic conditions, New Zealand’s health insurers say there has only been a slight drop in the number of people covered by health insurance, whilst continuing to report high levels of claim costs.New Zealand’s health insurers paid approximately N...

Australian Business Leaders Increasingly Less Confident

Australian business leaders are less optimistic about the country being able to meet the challenge of an ageing population and in particular superannuation according to the results of a survey.The survey results suggest that less than half of all business leaders were less confident, and that only 4...

Table of Plenty Dukkahs

Table of Plenty's delicious dukkah range is just the thing to spice up your menu and impress your dinner guests - offering a taste of the exotic with the greatest of ease.Kate Weiss, founder of Table of Plenty, discovered dukkah whilst living in the Middle East and decided to begin producing her ow...

Aston Resources price slash to increase interest

Nathan Tinkler's initial public offering for Australian developer of coal projects Aston Resources has been lowered by about 25 per cent to secure investor interest and a stock exchange listing.

Mining boss not voting Gillard

Atlas Iron Ltd (ASX:AGO) chief executive David Flanagan said he would not vote for Julia Gillard, whom he labeled a "tax queen" given the government's plan to impose the revised levy.

Programmed eyes growth opportunities

Programmed Maintenance Services Ltd (ASX:PRG), a provider of staffing, maintenance and project services, says it forecasts offshore oil and gas opportunities to improve its second half, after earlier predicting a moderate increase in annual profit.

Boral completes retail bookbuild

Building products firm Boral Ltd (ASX:BLD) announced today the completion of the retail component of its accelerated renounceable entitlement offer.

Court dismisses Rio Tinto Pilbara case

Rio Tinto (ASX: RIO) has welcomed the Federal Court's move to dismiss a case to a non-union workplace agreement affecting its iron ore operations, while the Construction, Forestry, Mining and Energy Union (CFMEU) said it was considering a High Court appeal.

Fortescue deal boosts Downer EDI

Downer EDI (ASX:DOW) saw its shares rise upon finalising a $3 billion contract with Australian miner Fortescue Metals Group (ASX:FMG).

Construction down in July

Australia's construction sector dived in July, with firms in the commercial and engineering sectors reporting particularly difficult conditions, according to data released today.

Lipton sales up after going green

Australia's leading tea brand Lipton Quality Black have grown at a rate faster than the market since its maker Unilever decided to procure tea from sustainable plantations.

Future grains research focus at Merredin

Agriculture and Food Minister in WA Terry Redman today detailed two leading crop research and development facilities to be established in the State's Central Wheatbelt.The two facilities, based at the Department of Agriculture and Food's Merredin research station, will play an important role in the ...

Growing poplars for food security

Around one million people in Siyang County, China, are now benefiting from the capacity of poplar forests to restore marginal flood plains and stabilize the banks of the Yellow, Huai and Yangtze rivers. Large swaths of planted poplar trees now protect fields once ravaged by floods, wind, sandstorms ...

HSBC Australia Targets SME’s

Global banking giant HSBC says that competition is intensifying in the small and medium enterprise (SME) market, and is now targeting export orientated customer with turnovers of up to $10 million.HSBC has established a new division called HSBC Business, which it says will adopt a product driven rat...

Currency Funds Having A Tough Time Of It

Currency focused funds are finding the foreign exchange markets a difficult place to find returns according to new data which has been released.According to the Parker Index, which is a highly respected measure of currency fund returns, currency focused funds had their weakest performance since Augu...

Cleveland Mining to list on ASX

Australian gold company Cleveland Mining Limited plans to list on the Australian Stock Exchange, according to a company statement released today.

McInnes returns to face court

Mark McInnes has returned to the country to defend allegations against him in a $37 million sexual harassment case, raising questions about what contractual obligations the former chief executive of David Jones (ASX: DJS) has to the Australian retailer its own defense in the case.

It’s time for better banking, says finance union

The Finance Sector Union today renewed calls for banking regulation as ING Direct's latest quarterly Financial Wellbeing Index showed that Australian households are under rising pressure to get personal debt under control.

Sensear completes A$7.1m round of private funding

Sensear, a Perth-based developer and manufacturer of high noise communication headsets, today announced the completion of a A$7.1 million private funding round backed by existing shareholders. The capital infusion will be used to fortify global sales growth and enhance Sensear's technology and product range.

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