Financial And Forex Info| The Australian Business Briefing: Woolies CEO confident on $340m deal


For Fri Feb 25 16:49:29 EST 2011





Woolies CEO confident on $340m deal
Michael Luscombe Woolworths CEO UPDATED Blair Speedy and Michael Bennet WOOLWORTHS suffered its slowest profit growth in 12 years, as the CEO said he was confident regulators would back the Cellarmasters purchase.
 
Stocks rise as Asian markets recoup
sharemarket THE Australian sharemarket closed slightly firmer today as it turned in its worst weekly performance since mid-August.
 
Sinopec takes 15pc of Origin-Conoco JV
LNG CHINA'S Sinopec will take a 15 per cent stake in an LNG joint venture involving Origin Energy and ConocoPhillips.
 
Iluka trounces forecast, shares soar
Iluka Resources MINERAL sands producer Iluka shot up at the ASX today after it posted a full-year net profit that was 50 per cent above market expectations.
 
UBS 'deals' with brawling traders
UBS David Rogers SWISS investment bank UBS said today it has dealt with an alleged altercation between two of its top equity sales traders in its Sydney dealing room this week.
 
Transfield rebounds on 2012 outlook
construction UPDATED Tracy Lee TRANSFIELD Services is confident of a significant profit turnaround in 2012 when it reaps the full benefits from its Easternwell acquisition.
 
Crown vows to combat VIP competition
PN 75 IMG Generic Terror Roulette UPDATED Damon Kitney THE James Packer-backed Crown Ltd has vowed to ramp up its marketing efforts in South East Asia and China to combat increasing competition.
 
Future Fund sells more Telstra shares
Telstra John Durie THE Future Fund has sold another $350 million worth of Telstra shares, bringing its holding down to 5.6 per cent from 6.8 per cent.
 
Financial Markets
Stocks rise as Asian markets recoup
sharemarket THE Australian sharemarket closed slightly firmer today as it turned in its worst weekly performance since mid-August.
 
Shares reverse losses as Woolies gains
Wall St pares losses as oil retreats
 
Financial Markets Coverage
 
Mining & Energy
Iluka trounces forecast, shares soar
Iluka Resources MINERAL sands producer Iluka shot up at the ASX today after it posted a full-year net profit that was 50 per cent above market expectations.
 
Sinopec takes 15pc of Origin-Conoco JV
Transfield rebounds on 2012 outlook
 
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