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World Economic and Company News for 12/11/12
ORI announced a statutory net profit after tax and individually material items of $403 million for the full year ended September 30, 2012, a decrease of $239 million on the previous corresponding...
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Company News for 15/11/12
15/11/2012 TOX At its AGM, TOX expects trading to remain challenging but still looks for an increase in earnings in FY13 compared to FY12 (Shaw +23% to $21.2m; consensus +34% to $23.1m). Overall, TOX...
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Company News for 16/11/12
BOQ Strong investor demand for BOQ’s Series 2012-1E REDS Trust RMBS resulted in the transaction being upsized today from AUD$500 million to AUD$1 billion equivalent. Company report YAL Yancoal said...
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World Economic and Company News for 23/11/12
ACR Gross sales growth in line with Acrux’s expectations. 30% growth in transdermal testosterone US prescriptions 2012 versus 2011 – market expected to be ~US$1.9 billion in 2012. Current 13% share of...
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World Economic and Company News for 27/11/12
LEI Thiess welcomes the announcement by the Federal and NSW State Governments today that the Thiess MacMahon joint venture (TMJV) has been selected as preferred contractor by the NSW Government to...
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World Economic and Company News for 07/12/12
FWD FWD and RIO have entered into a new accommodation agreement for the Searipple Village. The agreement commenced on 1 December 2012 and is for an initial term of one-year (with four 6-month...
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World Economic and Company News for 11/12/12
RED Gold production for the six months to June 2013 is forecast at 36,000 ounces at the Siana mine. Cash and total costs are currently under review by the Company although no material change is...
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Company News for Xmas week 2012
FML Focus Minerals has completed a placement to Shandong, issuing 4,501,997,651 new fully paid ordinary shares at 5 cents per share for approximately $225m. The finalisation of the Placement follows...
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World Economic and Company News for the first week of 2013
ABC Adelaide Brighton Limited advises that contracts have been executed with Independent Cement and Lime Pty Ltd (ICL), for the continuation of its exclusive supply arrangements to ICL for a period of...
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Company News for 16/01/13
AIX The federal government’s Future Fund has been given the green light to splash out $2 billion buying stakes in a range of Australian and European airports. Investors in the Hastings Fund...
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Broker Commentary for 18/01/13
BKN BKN noted at its AGM in October 2012 that it continues to have limited visibility beyond the first half FY13 (a concern). Order intake has slowed in the US and Australia, including some order...
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Company News for 23/01/13
ASX The former secretary of the Federal Treasury, Ken Henry, has been appointed as the next board member of ASX AFR BHP Iron Ore production for the Dec’12 quarter was 6% higher than the Sep’12...
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Company News for 06/02/13
ARI Arrium announced the impairment of intangible assets totalling $474 million. Following completion of the company’s asset impairment testing process, the Board has decided to write down goodwill in...
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Wolrd Economic and Company News for 11/02/13
ALK The NSW Government has granted the Tomingley Gold Project’s (TGP) Mining Lease. The Alkane Board has approved development and construction should commence immediately. First gold output...
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Company News for 18/02/13
ACR Revenue $5.1m, PBT up 48% to $2.5m, operating cashflow $2.3m, Cash reserves $19m. Axiron patent protection extended with 5 patents granted as market share increased to 14.6%. First sales milestone...
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Company News for 19/02/13
AIO Overall result was in line (excluding $21.5m asset sales taken above the line). EBIT came in at $337m vs Citi at $334m result so a 1% beat. NPAT was 2% lighter than our expectations but largely...
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Company News for 28/02/13
AGK Gas producers such as Exxon and STO are seeking to raise prices while heavy losses are likely after losing access to prime gas reserves in NSW SMH AIX AIX notes press reports today regarding...
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Company News for 22/03/13
BBG Company says bidders are still in negotiation regarding a takeover proposal Company report CQR Charter Hall Retail REIT announced that it has sold its interest in the last United States...
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Company News for 29/04/13
ABU ABM Resources presents an update on extensional exploration work in the area around Old Pirate particularly the southern section of the Bandit Trend. Bandit South Area displays Widespread...
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Company News for 01/05/13
AGO Atlas Iron is pleased to announce excellent drill results from its maiden exploration drill program at its 100% owned Corunna Downs project. The current exploration program is drill testing one of...
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