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IAG takes a hit from storms
Insurance Australia Group has said it has received more than 24,000 claims following Victorian storms earlier this month.
Extract Resources mine on track
Extract Resources said that its Rossing South project in Namibia still has the potential to be one of the world’s largest uranium mines as the feasibility study into the mine continues.
Cape Lambert to sell Lady Annie for $135m
Cape Lambert Resources shares climbed Friday morning after the company said its has entered into an agreement with Hong Kong company China Sci-Tech Holdings, for the sale of its 100% interest in the L...
Cooper Energy expects flooding to impact operations
Cooper Energy said flooding in the Cooper Basin is expected to have some impact on its operations in South Australia due to roads being cut-off and oil fields being isolated.
Pharmaxis completes Phase II study
Pharmaxis announced the successful completion of a Phase IIa dose profiling study with its new anti-inflammatory agent ASM8 in patients with allergic asthma.
Leighton sub secures $463m rail contract
Leighton said its subsidiary, Leighton Asia, had been awarded a $463m contract to construct the Tse Uk Tsuen to Shek Yam section of the Guangzhou – Shenzhen – Hong Kong Express Rail Link (...
Oroton 1H profit up 24%
OrotonGroup reported a net profit of $15.4m for the six months ended 23 January 2010, an increase of 24% on the previous corresponding period.
Myer posts 38% hike in profit
Myer said its profit for the six months to 23 January 2010 jumped 38% to $115m, not including the costs of its recent IPO.
ANZ closer to Asian RBS acquisitions
Australia and New Zealand Banking Group said it has received regulatory approvals in the acquisition of the Royal Bank of Scotland’s Singapore and Taiwan businesses.
Simpson retires as Aristocrat chairman
Aristocrat Leisure announced the impending retirement of three long standing directors in an update on its board succession planning and renewal programme.
Insurance Australia Group has said it has received more than 24,000 claims following Victorian storms earlier this month.
Extract Resources mine on track
Extract Resources said that its Rossing South project in Namibia still has the potential to be one of the world’s largest uranium mines as the feasibility study into the mine continues.
Cape Lambert to sell Lady Annie for $135m
Cape Lambert Resources shares climbed Friday morning after the company said its has entered into an agreement with Hong Kong company China Sci-Tech Holdings, for the sale of its 100% interest in the L...
Cooper Energy expects flooding to impact operations
Cooper Energy said flooding in the Cooper Basin is expected to have some impact on its operations in South Australia due to roads being cut-off and oil fields being isolated.
Pharmaxis completes Phase II study
Pharmaxis announced the successful completion of a Phase IIa dose profiling study with its new anti-inflammatory agent ASM8 in patients with allergic asthma.
Leighton sub secures $463m rail contract
Leighton said its subsidiary, Leighton Asia, had been awarded a $463m contract to construct the Tse Uk Tsuen to Shek Yam section of the Guangzhou – Shenzhen – Hong Kong Express Rail Link (...
Oroton 1H profit up 24%
OrotonGroup reported a net profit of $15.4m for the six months ended 23 January 2010, an increase of 24% on the previous corresponding period.
Myer posts 38% hike in profit
Myer said its profit for the six months to 23 January 2010 jumped 38% to $115m, not including the costs of its recent IPO.
ANZ closer to Asian RBS acquisitions
Australia and New Zealand Banking Group said it has received regulatory approvals in the acquisition of the Royal Bank of Scotland’s Singapore and Taiwan businesses.
Simpson retires as Aristocrat chairman
Aristocrat Leisure announced the impending retirement of three long standing directors in an update on its board succession planning and renewal programme.
Market Watch
 | Market edges higher in light tradeAustralian stocks followed a positive lead from Wall Street overnight to be 0.2% higher by midday. Read More |
 | Late rally sends Wall Street higherWall Street recovered at the end of a choppy session Thursday as investors weighed mixed economic data and news that China’s inflation had spiked in February. Read More |
 | Market edges lowerThe Australian sharemarket finished lower Thursday as losses from a few of the heavyweight miners and financials eventually outweighed strong gains seen among other blue chips. Read More |
News and Views
 | IAG takes a hit from stormsInsurance Australia Group has said it has received more than 24,000 claims following Victorian storms earlier this month. Read More |
 | Extract Resources mine on trackExtract Resources said that its Rossing South project in Namibia still has the potential to be one of the world’s largest uranium mines as the feasibility study into the mine continues. Read More |
 | Cape Lambert to sell Lady Annie for $135mCape Lambert Resources shares climbed Friday morning after the company said its has entered into an agreement with Hong Kong company China Sci-Tech Holdings, for the sale of its 100% interest in the Lady Annie Project in Queensland for $135m. Read More |
Snippets
 | Snippets Corner: 11 March 2010 - BENBendigo and Adelaide Bank received an upgrade on its credit rating outlook from Fitch Ratings services. Read More |
 | Snippets Corner: 10 March 2010 - MAH, CHC, ORIMacmahon Holdings requested its shares be placed in trading halt this morning. Read More |
 | Snippets Corner: 09 March 2010 - LLC, LEI, DJS, CBD, ANZLend Lease Group announced the appointment of former Leighton chief financial officer Scott Charlton in the newly created role of director of operations. Read More |
Vital Signs
 | Vital Signs: 09 March 2010 - ALT, MLAAnalytica announced the receipt of 510(k) clearance from the US Food and Drug Administration to market the AutoStart Burette in the United States. Read More |
 | Vital Signs: 01 March 2010 - SIPSigma Pharmaceuticals requested its shares be suspended from trading as the company expects to make an announcement to the market in relation to revised earnings guidance for the year ended 31 January 2010. Read More |
 | Vital Signs: 12 February 2010 - HSPHealthscope shares were placed in trading pending an announcement regarding the outcome of late stage negotiations regarding a potential acquisition, and an associated capital raising. Read More |
Resource Wrap
 | Resource Wrap: 12 March 2010 - CBH, BSMCBH Resources shares were placed in trading halt this morning after the company said it had received a takeover proposal from an undisclosed party. Read More |
 | Resource Wrap: 11 March 2010 - GXY, CAHGalaxy Resources announced a 23% increase to its ore reserve for the Mt Cattlin Spodumene Project in Western Australia. Read More |
 | Resource Wrap: 10 March 2010 - WGR, AAGWestgold Resources posted a consolidated profit for the half year ended 31 December 2009 of $735,248, compared to a loss of about $3.23m a year earlier. Read More |
Features
 | A Death Cross For Global Uranium StocksA recent sector report by Canadian stockbrokers Haywood Securities has revealed that price charts for many international uranium stocks carry the so-called "Cross of Death". Read More |
 | Chinese Bond Sales Raise ConcernOn Tuesday night the US Treasury auctioned US$44bn of two-year notes. Last night it auctioned US$42bn of five-year notes. Read More |
 | Brokers Reassess The BanksOver the last week we have seen first half earnings results from Commonwealth Bank ((CBA)) and Bendigo & Adelaide Bank ((BEN)). Read More |
