asxmining.com

February 26, 2009

Poor may pay more for Maccas

Filed under: market — Ami @ 8:45 pm

It seems that McValue can mean different things, depending on where you live.

Fairfax seeking to raise & #36;500m: report

Filed under: market — Ami @ 8:45 pm

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

Filed under: market — Ami @ 8:45 pm

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

Filed under: market — Ami @ 8:45 pm

Hundreds of Victorian schools and child care centres will be closed tomorrow because of the bushfire threat.

RBS reports record & #36;A53b net loss

Filed under: market — Ami @ 8:45 pm

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

Filed under: market — Ami @ 8:45 pm

THE share market closed modestly stronger thanks to gains in the financial, energy and industrial sectors.

Lend Lease axes jobs after $596m loss

Filed under: market — Ami @ 8:45 pm

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

Filed under: market — Ami @ 8:45 pm

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

Filed under: market — Ami @ 8:45 pm

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

Filed under: market — Ami @ 8:45 pm

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.

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