Resources contractor WDS Ltd has announced plans for a $45.7 million capital raising to help fund the acquisition of Titeline Energy Pty Ltd.
September 29, 2009
Mining boss slams Asian investment rules
Australia & #39;s biggest mining magnate has launched a scathing attack on the federal government & #39;s foreign investment rules, branding them racist.
PERLS V review & #39;won & #39;t affect investors & #39;
Commonwealth Bank of Australia Ltd says investors who own its PERLS V hybrid securities will not be affected by any change in their tax treatment.
Aussie shares surge to one-year high
The benchmark ASX 200 share index has reached its highest close in almost a year after the local market replicated a surge on Wall Street.
Boral hopeful of US housing recovery
Building products maker Boral Ltd says a United States housing market recovery could begin in the second half of this financial year..
Shares higher as banks, miners gain
THE share market closed firmly in the black after strong gains across the board on the back of a buoyant US lead and higher commodity prices.
Leighton CEO received $12.5m in pay
LEIGHTON chief executive Wal King received over $12.5 million in remuneration last financial year, including a $5 million cash bonus but his total package was down 24 per cent on the previous 12 months, the company’s annual report reveals.
Share market up nearly 2pc at noon
THE share market was nearly 2 per cent higher at noon led by strong gains on the financial and resources sectors.
Dollar edges higher in midday trade
THE dollar was higher at noon after a rally on Wall Street overnight improved risk appetite and lifted the currency above $US0.8700.
Budget position a ‘tentative step forward’
THE better-than-expected budget deficit for 2008/09 is a “tentative step forward” for the nation’s economic fortunes, Treasurer Wayne Swan says.