Perpetual Limited (PPT) said its fund under management as at 31 October 2009 were $28.8 billion, down from $29.3 billion as at 30 September 2009. The company said the decrease included net outflows of $170 million from an institutional client in cash and quarterly mortgage fund redemptions of $65 million.

GrainCorp Limited (GNC) said the NSW Supreme Court had dismissed an appeal by the NSW Roads and Traffic Authority against a judgement handed down in the NSW Local Court on 26 May 2008. The company said the NSW RTA had sought to prosecute GrainCorp over alleged breaches of the Road Transport (General) Act 2005 relating to ‘chain of responsibility’, and the unloading of overloaded grain trucks. The original case against GrainCorp was dismissed.

eServGlobal Limited (ESV) expects to achieve a full year EBITDA in the range of $8 million to $12 million compared to last year’s result of $2.4 million, with the forecast based on trading so far this year and the board’s view on the current level of orders/demand. The specialised supplier of large-scale telecoms network software and services to telecoms carriers also expects total operational costs for FY10 to decrease 28% to $103.6 million due to a combination of staff cuts and a continued focus on variable cost reduction. The company said the operating result is based on achieving turnover of between $110 million and $120 million, compared to $147.2 million in FY09.