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| | | ... wants to buy, Rio Tinto, rose $3.64, or 3.21 per cent, to $117.21 as the February 6 deadline for BHP to make a formal takeover bid looms. Woolworths dropped 79 cents to $30.01 after Australia's biggest retailer said it had lifted first half sales by ... |
| | | | ... doing quite well." Shares in Rio Tinto have settled back down from a spike seen on Friday when rumours of a sweetened takeover bid by rival BHP Billiton were rife, he added. "That's been denied by BHP, so Rio has come back a bit today," Mr Walker said. ... |
| | | | ... equities today, Allegiance Mining is scheduled to release its target's statement in relation to the $744 million takeover bid by zinc miner Zinifex Ltd. Woodside Petroleum releases its fourth quarter production report, as does mineral sands miner Iluka ... |
| | | | ... market closed in negative territory on Thursday, with a fifth profit upgrade from Qantas since a failed $11.1 billion takeover bid headlining a weak day. The benchmark S&P/ASX200 index was down 17.6 points at 6597.6, while the All Ordinaries lost 14.3 ... |
| | | | ... plan to create an auction system where term credit loans and bonds can be put up to deposit taking institutions so they can bid for the business. As simple as the idea is it may just work to create a new and viable market to help resolve the problem ... |
| | | | ... LONDON - UK stocks fell as a slide in banking shares overshadowed a rally in mining group Xstrata, which was buoyed by fresh bid speculation. The FTSE 100 ended down 28.5 to 6,536.9 points. FRANKFURT - The DAX index fell 23.94 to 8009.42 points. PARIS ... |
| | | | ... bright spot on the market from an overnight report that China's largest steel producer, Baosteel Group, is likely to launch a bid for global mining giant Rio Tinto, which prompted a surge in Rio's shares, up $1.20 to $144.30. Rio already is a target ... |
| | | | Institutional investors have thousands of companies in Australia and overseas bidding for their support and unless companies start taking their governance concerns seriously these investors will vote with their wallets. "Some companies seem to have ... |
| | | | The Australian stock market remained in the red at noon, dragged down by a poor lead from the US overnight and lower base metal prices. At 1200 AEDT, the benchmark S&P/ASX200 index was 21.4 points lower to 6512.1, while the All Ordinaries had shed 27 ... |
| | | | ... to see where the company is heading after yesterday's High Court ruling to overturn the Consumer Commission's block from a bid from Woolworths Ltd and FoodStuffs Ltd. Yesterday, the Australian share market closed in positive territory buoyed by strong ... |
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