It seems that McValue can mean different things, depending on where you live.
February 26, 2009
Fairfax seeking to raise & #36;500m: report
Fairfax Media Ltd is soliciting interest in a capital raising for as much as & #36;500 million, a media report says.
Origin Energy to draw on war chest
Origin Energy says it could spend & #36;2 billion on a major acquisition as it plans to draw on its multi-billion-dollar war chest.
Vic schools closed ahead of Friday scorcher
Hundreds of Victorian schools and child care centres will be closed tomorrow because of the bushfire threat.
RBS reports record & #36;A53b net loss
The Royal Bank of Scotland has reported a net loss of STG24.1 billion ( & #36;A52.75 billion) in 2008, the largest annual shortfall recorded by a British company.
Shares up as banks and miners gain
THE share market closed modestly stronger thanks to gains in the financial, energy and industrial sectors.
Lend Lease axes jobs after $596m loss
PROPERTY giant Lend Lease will cut its Australian workforce by about 400 positions, as it copes with a half-year loss of $596.4 million.
Toll Holdings profit slides
TRANSPORT and logistics company Toll Holdings has posted a 33 per cent fall in first half net profit after writedowns and says its second half will be better.
Origin profit soars to $6.6bn
ORIGIN Energy, Australia’s second largest power retailer, has delivered an increase in first half profit and forecast up to a 25 per cent rise in earnings for the full year.
IAG profit down, expected loss
INSURANCE Australia Group (IAG) has reported a 96 per cent fall in first half profit, after the country’s biggest general insurer was hit by falling investment values.