Financial And Forex Info | The Australian Business Briefing: Rivercity goes bust on $1.3bn debt










Update for Thu Feb 24 17:19:44 EST 2011
Rivercity goes bust on $1.3bn debt
motorway, generic EXCLUSIVE Nabila Ahmed and Tracy Lee ONE of Queensland's largest initial public offerings, Rivercity Motorway, has collapsed, owing $1.3 billion.
Miners to fuel boom with $100bn outlay
mining James Glynn and Ross Kelly THE scope for Australia's mining boom continues to stun observers amid expectations that miners will lift investment by 95 per cent.
Stocks fall for fourth straight session
ASX UNREST in oil-rich nations dragged the Australian sharemarket into the red for the fourth consecutive session at today's close.
High forecasts raise bar for M&A deals
Golden handshake Michael Bennet PRESSURE on corporates to meet forecasts for high earnings growth is set to drive mergers and acquisition activity in 2011.
Pac Brands tumbles on opaque outlook
Sue Morphett UPDATED Blair Speedy SHARES in Pacific Brands plunged as much as 15 per cent after the company unveiled a first-half $166 million loss and warned of volatile costs.
Oil price spike threat to US rebound
Oil, Libya oilfield Justin Lahart A SUSTAINED upward movement in oil prices may derail the US economic recovery by stirring inflation and putting the brakes on spending.
Origin Energy drops as forecast cut
Origin Energy UPDATED Ross Kelly ORIGIN Energy posted a first-half loss and downgraded its annual earnings outlook as it prepared to raise equity to help pay for power assets.
Fairfax Media slides on uncertainty
Fairfax UPDATED SHARES in Fairfax Media fell sharply today on the uncertainty in the pick-up in retail advertising and an earnings guidance in a wide band.
Financial Markets
Stocks fall for fourth straight session
ASX UNREST in oil-rich nations dragged the Australian sharemarket into the red for the fourth consecutive session at today's close.
Rising oil pushes sharemarket lower
Wall St slumps on oil price fears
Financial Markets Coverage
Mining & Energy
Miners to fuel boom with $100bn outlay
mining James Glynn and Ross Kelly THE scope for Australia's mining boom continues to stun observers amid expectations that miners will lift investment by 95 per cent.
Tata Steel yet to decide on Riversdale
Gold rises for a fourth straight day
More Mining & Energy Coverage

Comments

Popular posts from this blog

MarketWatch.- Industry - Financial Services.- Microsoft Profit Rises 48%, Tops Wall Street Views. July 22nd.,2010

THE WALL STREET JOURNAL : China Real Time Report. June, 14th., 2010

Market Watch?s top stories of the week