Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 511 - 520 of 1259 results for "Takeover"

Market Wrap - PM

AAP  |  WEDNESDAY, 16 JAN 2013
... embattled surfwear brand Billabong were also weaker, following a 16 per cent surge on Tuesday after news of a second takeover offer for the company. US retailer VF Corporation - which owns The North Face and Timberland outdoor clothing brands - and US-based ...

Market Wrap

AAP  |  TUESDAY, 15 JAN 2013
... Westpac fell five cents to $26.45. Billabong shares are in a trading halt after the troubled retailer received its sixth takeover bid in less than 12 months. The surfwear company will resume trading at 1100 AEDT. National turnover was 170.4 million shares ...

Mirrabooka profits down 9%

BEN COLLINS  |  TUESDAY, 15 JAN 2013
Less dividend income and the takeover of a utilities fund last year have helped push down listed investment fund Mirrabooka's first half profit by 9%. Mirrabooka made a net profit of $6.3 million in the six months to December 31, down from $6.9 million ...

Markets await promising China leadership change

MARK SMITH  |  THURSDAY, 8 NOV 2012
... policies once their power base is consolidated." The more forward-thinking Vice President Xi Jinping is widely tipped to takeover from Hu Kintao, while Vice Premier Li Keqiang should replace Wen Jiabao. Chan added: "Although a princeling, Xi Jinping ...

Westpac calm in face of storm

MARK SMITH  |  TUESDAY, 6 NOV 2012
... the threat of looming bad debts, Westpac appears to be in ruder health. Excluding a one-off tax gain from the group's takeover of St George, which skewed this year's result, Westpac posted a 4% rise in net profit for the full year to September 2012. ...

Market Wrap

AAP  |  MONDAY, 5 NOV 2012
... 2012, came in at $5.97 billion, down 15 per cent from the prior corresponding period, due to the tax implications of its takeover of smaller rival St George. Cash earnings - banks' preferred measure of financial performance - rose five per cent to $6.6 ...

Westpac warns tough year ahead

MARK SMITH  |  MONDAY, 5 NOV 2012
... profit has fallen 15% to $5.97 billion owing to a one-off tax benefit last year. The tax gain is related to the bank's takeover of St George, which pushed last year's profit artificially higher and made this year's result appear weaker by comparison. ...

Wilson board to reject Mariner offer

BEN COLLINS  |  THURSDAY, 1 NOV 2012
... seeking to gain control of Wilson, with a market capitalisation of around $25 million, by issuing shares. "The Mariner takeover bid is asking you to exchange three Wilson Investment Group shares, for two Mariner shares, implying a value that is half ...

Market Wrap

AAP  |  THURSDAY, 1 NOV 2012
... of Chinese manufacturing data later on Thursday. Making news, Arrium's Asian suitors said they would no longer seek a takeover after the Australian steel maker deemed its latest offer too low. Arrium shares were down nine cents, or 11.5 per cent, at ...

Market Wrap

AAP  |  WEDNESDAY, 31 OCT 2012
... ARI - ARRIUM - in a trading halt, last traded at 80 cents Steelmaker Arrium is set to announce changes to a proposed takeover offer from an Asian consortium. BGA - BEGA CHEESE LTD - up 0.5 cents, or 0.28 per cent, at $1.79 Bega Cheese annual general ...