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
In a bid to help confused Australian consumers and in a fight back for the country's embattled pork producers, Australian Ham Week will be launched today (5 July).Australian pork producers have for some time now been battling against the flood of subsidised imports from Denmark, for bacon and the US...
Admin System
Jul 05, 2010
February taught us not all healthcare stocks are the same. What is the situation prior to August?
Admin System
Jul 05, 2010
Female, baby boomer with a supply of working capital and a coffee machine - that's the profile of a hospitality success story, according to a new industry index.The inaugural Hospitality Industry Success Index (HISI), developed by national equipment financier Silver Chef, was unveiled in Brisbane la...
Admin System
Jul 05, 2010
Cancer specialists in Australia are calling for a national policy on genetic testing of cancer patients in public and private hospitals to identify who can receive particular drugs that work only in the presence or absence of a particular gene.
Admin System
Jul 05, 2010
Motorola Inc. has announced it would break up into two distinct units with one making networks and telecommunications equipment and the other making handsets and home entertainment products.
Admin System
Jul 05, 2010
Talks over the Gillard government's watered down mine tax announced on Friday carry on as junior iron ore companies propose further concessions in a meeting with Resources Minister Martin Ferguson in Perth today.
Sharon Olalia
Jul 05, 2010
NBN Co, the broadband company, has chosen Melbourne as the site for its Network Operations Centre (NOC) and Test Facility to monitor and manage the National Broadband Network (NBN)
Admin System
Jul 02, 2010
The Australia 200 CFD Index finished the session flat at 4238, with industrial strength offsetting material and energy weakness.
Admin System
Jul 02, 2010
Andrew Forrest, chief executive officer of Fortescue Metals says that PM Gillard’s new tax on mining had placed only a “reasonable framework” for further negotiations.
Christine Gaylican
Jul 02, 2010
RiverCity Motorway Group said on Friday that the toll reduction it implemented beginning Monday this week resulted to a 12 percent boost on Clem7 tunnel as about 28,415 vehicles passed through the 6.8-kilometre road on Thursday.
Erik Pineda
Jul 02, 2010
RiverCity Motorway Group said on Friday that the toll reduction it implemented beginning Monday this week resulted to a 12 percent boost on Clem7 tunnel as about 28,415 vehicles passed through the 6.8-kilometre road on Thursday.
Erik Pineda
Jul 02, 2010
