Dec 13
J.K. Rowling fairy tales sell for $4M
International Business News No Comments »
A book of fairy tales created, handwritten and illustrated by J.K. Rowling sold for nearly $4 million at auction Thursday.
Dec 13
Ten Battles Poor Returns
International Business News No Comments »
The market took the news of a better first quarter from the Ten Network in its stride.
Dec 13
Time For Symbion To Be Sorted?
International Business News No Comments »
It's getting to be time when the boards of Symbion Health, Healthscope and Primary Healthcare should abandon their prima donna status and start talking about some rational decision making and outcomes in the 12 month-long soap opera.
Dec 13
Pipe Networks Rises on Profit Upgrade
International Business News No Comments »
Shares in Pipe networks (PWK), provider of telecommunication services, rose up as much as 11.3% after upgrading its guidance for the 2007/08 financial year.
Dec 13
ACCC Gives Primary the Thumbs Up for Symbion
International Business News No Comments »
The Australian Competition and Consumer Commission (ACCC) has given its OK for Primary's proposed $2.65 billion takeover bid for healthcare company Symbion Health.
Dec 13
Gold: Sino Expands While Lihir Falls
International Business News No Comments »
Some significant news on the gold front today.
Dec 13
Lihir’s New Downgrade
International Business News No Comments »
But while there was good news from Qantas and Flight Centre, we heard different stories from Lihir Gold and engineer, Bradken.
Dec 13
QAN/FLT Fly Higher
International Business News No Comments »
It is somehow appropriate that as we approach the end of 2007 that two of the more egregious takeover attempts of the year should be once again exposed for the rorts they were.
Dec 13
Centro Companies Bitten By US Freeze
International Business News No Comments »
Last Friday and Monday we saw two floats and two takeover deals abandoned as the impact of the subprime crisis and credit freeze took their toll on investor appetite for financial IPOs and big deals.
Dec 13
Murdoch’s Dow Jones deal gets final OK
International Business News No Comments »
Rupert Murdoch's $5 billion-plus bid for Dow Jones & Co., publisher of The Wall Street Journal, cleared its final hurdle Thursday as shareholders of the financial publishing company gave their approval, setting up the deal to close later in the day.