Property group Stockland Corporation Ltd (ASX: SGP) announced on Monday that it would pursue its takeover negotiations with Aevum Ltd (ASX: AVE) despite the latter’s rejection of a $266 million cash bid for the blanket acquisition of the retirement group’s shares at 38 percent premium of the stock’s closing price on Friday.
New home sales slumped for a second consecutive period in June to a 17-month low, as rising interest rates continued to wear away demand.
Former Babcock & Brown chairman Elizabeth Nosworthy had questioned the performance of the investment bank's ex-boss Phil Green ahead of the company's demise.
Coal Services Pty Limited (CSPL), an industry-owned, workplace focused, specialist organisation, today announced that workers' compensation premium rates for the New South Wales coal mining industry continue the established trend of annual decreases following the confirmation of a targeted rate of 3.6 per cent for 2010/2011.
Activity in the manufacturing sector rose in July, entering its third quarter of expansion, because of stronger levels of production, new orders and deliveries, according to a survey.
Coal Services Pty Limited (CSPL), an industry-owned, workplace focused, specialist organisation, today announced that workers' compensation premium rates for the New South Wales coal mining industry continue the established trend of annual decreases following the confirmation of a targeted rate of 3.6 per cent for 2010/2011.
Premier Investments (ASX:PMV) sees its Just Group retail business to post annual net profit of $78 million to $81 million, and expects significant improvement in the year ahead.
A preview to what is one of the more intriguing books on release this year.
The Australian Dollar has opened up firmly above 0.9000 this morning after the release of two major announcements on the weekend: US GDP Q2 figures and China PMI (purchasing manger's index) for the month of July.
The US economy grew at a 2.4pct annual pace in the June quarter after an upwardly revised 3.7pct reading for the March quarter (previously reported as a 2.7pct gain).
US stocks are expected to face a volatile week as Wall Street awaits a key government jobs report expected to show unemployment at elevated levels.
The Australian market looks set to test the 4500 level after a relatively flat read from Wall Street.
Greenback weakness across the board has helped put the Australian Dollar back over US90 cents during offshore trade on Friday and we open in Sydney this morning at 0.9050.
The Association of Mining and Exploration Companies (AMEC), which represents junior and mid-tier miners, has begun a new advertising campaign against the Gillard government's resources tax but dismisses it as it is politically influenced.
Telstra shares will come under pressure today after the Telco pushed out a surprise profit downgrade on Friday.The news...
Sharemarkets had a very good month in July, but compared to the recoveries seen in commodities, equities were more modes...
Forget shares and doubt about the US, European and Chinese economies, commodity prices have completed a huge surge in ...
We received more evidence Friday for the tentative belief that key major economies are slowing.American economic growth...
All interest this week will be offshore, now that the good inflation figures have ruled out a rate rise from the Reserv...
Qantas Airways (ASX: QAN) is having difficulties persuading authorities to award a two-year extension to its team up with South Africa Airways on the productive Australia-Africa route.
The Australian share market is set to begin the week slightly higher on the back of a flat lead from Wall Street.
Australian investment banking major says it intends to continue investing heavily in research, after its strategy of doing so paid off during the global financial crisis.Richard Sheppard, Macquarie deputy managing director said that the investment bank’s commitment to research has helped the compa...
Securing a larger slice of the lucrative lunch market, Eagle Boys has launched a new gourmet sandwich range for hungry workers that can be delivered directly to a workplace, construction site or household.The new Toasted Turkish sandwiches are available in Chicken & Cheese, BLT, Ham Cheese &...
Australian supermarkets are adopting various strategies to tap into the growing trend to 'go local'. Independent grocery network IGA recently launched an advertising campaign emphasizing the local individualism of each of its 1,000 independent stores. The launch came days after Woolworths announced ...
With clients reducing their maintenance work brokers are now questioning the outlook for painting contractor Programmed Maintenance.
Australia's largest manufacturing industry - the $100 billion food and grocery sector - will be encouraged to establish breastfeeding-friendly areas for mothers who return to work.As part of World Breastfeeding Week 2010, the Australian Food and Grocery Council (AFGC) and the Infant Nutrition Counci...
Whoever wins the federal election on August 21, the National Farmers' Federation's (NFF's) 2010 National Congress in Melbourne over 6-7 September will place attendees ringside as political heavyweights slug it out over agriculture and the major issues affecting the farm sector.Policies directly impa...
While trading conditions for the Macquarie Group appear worse than assumed, brokers are looking to longer term apparent value to rate Australia's only investment bank.
As predicted by FNArena, the monthly HSBC/Markit PMI Survey for Chinese manufacturers dipped below 50 in July.
Waitrose has moved into the mobile space with the launch of its first ever iPhone app and mobile website.The app and channel have been designed in response to more and more users accessing Waitrose.com through their mobile devices and demand for easier access to the Waitrose brand through digital ch...
