COMPANIES

Macmahon snares $86 million Gindalbie rail project in WA

Contract mining firm Macmahon Holdings Ltd (ASX: MAH) revealed on Friday that it has won an $86 million work project to build a train line for Gindalbie Metals Ltd’s Karara iron ore mining site in the mid-west part of Western Australia.
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Coles Says No to Sow Stalls

For Coles, the customer is always right. The supermarket chain now actively supports their customers' choice for fresh pork from farms which do not use sow stalls by 2014.
Admin System Aug 20, 2010

Interactive Theme Parks for Australia

Using skills in a structured environment of fear, speed, and thrills will be the focus of theme park developers in Australia. The new combination is expected to put the continent on the tourism map.
Admin System Aug 20, 2010

Banks warn of bogus phone survey

The Australian Bankers' Association (ABA) is warning of a telephone survey scam which is using the ABA's name in an attempt to de-fraud bank customers.
Sharon Olalia Aug 19, 2010

Residents Near Footscray Railway Will Wait

The Victorian Government remains silent on the route of the multi-billion dollar Regional Rail Link project. Affected residents near the Footscray Railway Station, therefore, could not decide yet on whether they want their land and other properties sold to the government.
Admin System Aug 19, 2010

Brambles posts solid results for FY 2010

Australian pallet supplier Brambles Ltd (ASX: BXB) today reported sales revenue of US$4,146.8 million for the financial year ended 30 June 2010, an increase of 3 per cent on the previous equivalent period.
Sharon Olalia Aug 19, 2010

S&P monitors BHP’s credit ratings after its bid on Potash

Following its Tuesday announcement of a $US38.56 billion or $A42.89 billion takeover bid for Potash Corporation of Saskatchewan, international rating agency Standard & Poor’s listed on Thursday BHP Billiton Ltd’s long term issuer credit ratings in CreditWatch.
Erik Pineda Aug 19, 2010

New Carlton Ad To Grab Consumers on Friday

The Carlton group takes another piss out of beer advertising in its latest Carlton Draught advertisement. The new ad is expected to be a hit and a psychological stimulus for consumers to keep Carlton as Australia's top-selling beer.
Admin System Aug 19, 2010

New Digital Channel For Men Ages 16 to 49

Sixteen to 49 year old men will have an exclusive channel for their age group. The new digital free-to-air channel 7mate's first broadcast on September 25 will be a live coverage of the AFL grand finals.
Admin System Aug 19, 2010

Pizza Hut Goes For Less Salt

Pizza lovers in Australia will soon have a healthy alternative with Pizza Hut's latest less salt line of pizza products. Customers will enjoy 45 percent less sodium starting next year.
Admin System Aug 19, 2010

Healthscope posts 37% profit rise in FY10

Australian healthcare service provider Healthscope Ltd (ASX:HSP) has announced a 37 per cent rise in annual profit and projects solid demand and growth in the year ahead.
Sharon Olalia Aug 19, 2010

Small Farmers to Continue CBA With Parmalat

Dairy farmers in Queensland and New South Wales will continue collective bargaining with milk company Parmalat. The Australian Competition and Consumer Commission (ACCC) said the move will protect small farmers from being pushed over by multinational companies.
Admin System Aug 19, 2010

BMA Wants Fly-in, Fly-out Workers

Close to 1,200 job vacancies are expected when mining company Billiton Mitzubishi Alliance (BMA) begins its $4 billion coal project. The jobs are expected to be created during the construction phase.
Admin System Aug 19, 2010

BHP credit review hits Aussie dollar

The Australian currency opened weaker Thursday morning after ratings agency Moody's (NYSE:MCO) announced it would review the credit rating of global miner BHP Billiton (ASX:BHP).
Sharon Olalia Aug 19, 2010

Aussie shares to start flat

The Australian stock market is likely to open flat today following mixed to positive leads from offshore trading overnight.
Sharon Olalia Aug 19, 2010

Woodside seeks gas deals for massive Pluto project

Woodside Petroleum (ASX:WPL) is trying to reach gas supply agreements with BHP Billiton (ASX:BHP), ExxonMobil and US explorer Hess over the next months in support of a massive expansion of its $13 billion Pluto liquefied natural gas project in Western Australia, analysts say.
Sharon Olalia Aug 19, 2010

BHP Serious About Potash

Australian mining leader BHP Billiton may just make a second bid for the Potash Corporation of Canada. The world's largest fertilizer producer earlier considered the BHP's unsolicited bid of $38 billion to be "grossly inadequate."
Admin System Aug 19, 2010

David Jones Q4 sales rise

Australian department store David Jones (ASX: DJS) has reported a moderate increase in like-for-like sales in the fourth quarter and reaffirmed earnings guidance for fiscal 2010 and 2011.
Sharon Olalia Aug 19, 2010

Boral offloads scaffolding arm

Sydney-based Boral (ASX:BLD) is selling Boral Formwork and Scaffolding to Anchorage Capital Pty Ltd, for a consideration of A$35 million, in line with its strategy to concentrate on growing core assets.
Sharon Olalia Aug 19, 2010

Resurgent construction industry gives OneSteel profit gains for full year 2010

As construction activities start picking up in the second half of 2010, steel manufacturer OneSteel Ltd (ASX: OST) said on Tuesday that demand growth for the product could be expected for the rest of the year as the company reported that it gained 12 percent full-year profit for 2009/10.
Erik Pineda Aug 19, 2010

Primary Health Care net profit up 22% to $132m

Australia-based medical centre operator and pathology provider Primary Health Care (ASX:PRY) has announced a 21.7 per cent increase in net profit but expects earnings in the current year to be at the lower end of earlier guidance.
Sharon Olalia Aug 18, 2010

UGL profit up on solid infrastructure, resources earnings

UGL Ltd (ASX:UGL) an Australian diversified services company operating in maintenance, facilities management, engineering and construction, announced today its annual profit increased 1 percent, thanks to higher earnings from its infrastructure and resources units.
Sharon Olalia Aug 17, 2010

ANZ eyeing stake in Korean bank

Australia and New Zealand Banking Group (ASX:ANZ) said it is reviewing the finances of Korea Exchange Bank, the lender put up for sale by Lone Star funds.
Sharon Olalia Aug 17, 2010

PepsiCo eyes continued health and functional innovation

PepsiCo stands to benefit from "significant" investment in functional and healthy products, amid tightening restrictions on the marketing of 'junk foods' to children, the head of health policy at the company said yesterday.Derek Yach, senior vice president of global health policy for PepsiCo, said t...
Admin System Aug 17, 2010

Facebook Buys Startup Chai Labs

Facebook, the social networking Web site, has reportedly purchased startup Chai Labs for around $10 million.
Admin System Aug 16, 2010

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