Tag: Company News
NRMA backs no-deposit e-tags
The NRMA has welcomed the introduction of a no-deposit e-tag for Sydney's tollways. [MORE]
Fortescue tight-lipped over BHP takeover rumours
Fortescue Metals Group has refused to comment on suggestions it is in takeover talks with BHP Billiton.[MORE]
GMC goes into receivership
Melbourne-based power tool firm Global Machinery Company (GMC) has gone into receivership after a fall in turnover.[MORE]
Shareholders back Heinz takeover of Golden Circle
Golden Circle shareholders have voted in favour of a takeover by the US food company Heinz. [MORE]
Early childhood ABC centres targeted for closure: LHMU
The union representing childcare workers says it believes several ABC Learning centres have been targeted for closure because they cater for very young children.[MORE]
Company profits up despite economic woes
Company profits increased from June to September despite the economic slowdown.[MORE]
Companies' health to struggle amid global crisis: report
A report shows many companies will struggle to withstand an economic downturn.[MORE]
Westpac, St George merger complete
Westpac says it has completed its merger with St George Bank. [MORE]
Meat processing jobs 'safe for now'
A Kingaroy meat processor in southern Queensland will continue operating, despite its owner going into voluntary administration.[MORE]
Babcock and Brown extends trading halt
Struggling investment bank Babcock and Brown has extended its suspension from trade on the Australian share market. [MORE]
Telstra: We're the only ones to cost broadband proposal
Telstra chairman Donald McGauchie says the telco is the only contender for the national broadband network to have outlined how it will fund the project.[MORE]
NSW energy groups allowed to hike prices
The Australian Energy Regulator has given preliminary approval for the three electricity retailers in New South Wales to increase their prices.[MORE]
Alcoa hoses down talk of Rio stake increase
The head of the Australian arm of US aluminium company Alcoa says the miner is not looking to lift its stake in Rio Tinto.[MORE]
Virgin announces $100m belt tightening measure
Budget airline Virgin Blue says it will cut capital spending in the current financial year by more than $100 million because of the global economic downturn. [MORE]
Centro shareholders hoping for bank reprieve
Shareholders at the annual general meeting of the beleaguered property firm Centro are hopeful the company's banks will grant it another reprieve.[MORE]
Number of frozen funds hits 50
The Australian Securities and Investments Commission (ASIC) says the number of managed funds that have frozen redemptions has reached about 50.[MORE]
UK Woolies collapses with $1b debt
UK retailer Woolworths has collapsed after failing to sell for one pound, after nearly 100 years of trading.[MORE]
Uncertainty over Augusta, Pirie ABC childcare centres
The future of the ABC Learning childcare centres in Port Augusta and Port Pirie are in doubt.[MORE]
Jobs may go from Nyngan region mine
Jobs could be cut from the Tritton Mine near Nyngan, north-west of Dubbo, in response to sharp falls in copper prices.[MORE]
Santos share restrictions to go
Restrictions on buying shares in resource company Santos will be lifted tomorrow.[MORE]
Grange shareholders urged to back merger
Shareholders with Grange Resources, which wants to mine iron ore on Western Australia's south coast, are being urged to approve a merger with a Chinese-backed company.[MORE]
AWB in merger talks with ABB Grain
Wheat exporter AWB has confirmed it is in talks with rival ABB Grain about a possible merger. [MORE]
Centro Properties fears collapse
Shopping centre owner Centro Properties Group has warned it may fall victim to the subprime crisis.[MORE]
CFK Childcare centres advertised today
A national advertising campaign for the sale of centres owned by the country's second biggest childcare provider begins today. [MORE]
ABC Learning crisis prompts call for industry review
Feature
As ABC Learning goes down, it is what is not being said that has parents worried.[MORE]
