Investors dodged a bullet when float talk went quiet as markets softened. The private equity-backed REDgroup is now at risk of drowning under its $175 million debt burden as profits evaporate. After recording pre-tax profit of $19.5 million for the six months to February, the company has

Investors dodged a bullet when float talk went quiet as markets softened. The private equity-backed REDgroup is now at risk of drowning under its $175 million debt burden as profits evaporate. After recording pre-tax profit of $19.5 million for the six months to February, the company has

AAP Sydney Airport has achieved a double-digit increase in earnings for the first half of calendar 2010. The airport has reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $367.23 million in the six months to June 30, 2010, up 12.9 per cent from the

AAP Sydney Airport has achieved a double-digit increase in earnings for the first half of calendar 2010. The airport has reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $367.23 million in the six months to June 30, 2010, up 12.9 per cent from the

Value investors sitting on the Ross Human Directions register will be hoping that the 61.5¢ a share offer unveiled by Peoplebank this week is just the first step towards receiving a fair reward for their loyalty to the recruitment specialist. While the $55 million offer is pitched a

Value investors sitting on the Ross Human Directions register will be hoping that the 61.5¢ a share offer unveiled by Peoplebank this week is just the first step towards receiving a fair reward for their loyalty to the recruitment specialist. While the $55 million offer is pitched a

Healthscope announced yesterday that after an exhaustive three-month process it would recommend that shareholders accept a $6.26 a share cash offer worth $2.7 billion from the pair, representing a 16 per cent premium on the closing price of $5.40 on Friday. This is the largest private equity

Healthscope announced yesterday that after an exhaustive three-month process it would recommend that shareholders accept a $6.26 a share cash offer worth $2.7 billion from the pair, representing a 16 per cent premium on the closing price of $5.40 on Friday. This is the largest private equity

AAP Takeover target North Queensland Metals Ltd (NQM) says its unaudited full year profit has fallen due to greater exploration, impairment and corporate costs, but it forecast better times ahead. The miner, the subject of a takeover battle between Conquest Mining Ltd and Heemskirk

AAP Takeover target North Queensland Metals Ltd (NQM) says its unaudited full year profit has fallen due to greater exploration, impairment and corporate costs, but it forecast better times ahead. The miner, the subject of a takeover battle between Conquest Mining Ltd and Heemskirk

Rio Tinto says growth is firmly back on its agenda and has a range of expansion and investment options competing for capital. The company said that although global iron ore production was 2 per cent lower in the second quarter of 2010 than the same period last year, first-half

Rio Tinto says growth is firmly back on its agenda and has a range of expansion and investment options competing for capital. The company said that although global iron ore production was 2 per cent lower in the second quarter of 2010 than the same period last year, first-half

While Brambles is now trading at a little less than its long-term average of 1.3 times the price earnings multiple of the broader market, analysts from Macquarie see a higher repricing as unlikely despite the company's historically dominant market position, and the widely held expectation that it

While Brambles is now trading at a little less than its long-term average of 1.3 times the price earnings multiple of the broader market, analysts from Macquarie see a higher repricing as unlikely despite the company's historically dominant market position, and the widely held expectation that it

Billabong's efforts to supplement its growth profile have already seen the company announce two North American acquisitions in recent weeks, but if the $2 billion surfwear giant has appetite for more, it might be worth taking a look closer to home. Globe International, which was a

Billabong's efforts to supplement its growth profile have already seen the company announce two North American acquisitions in recent weeks, but if the $2 billion surfwear giant has appetite for more, it might be worth taking a look closer to home. Globe International, which was a

After an ''up'' finish on Wall Street on Friday, the betting yesterday was the local market will also make gains today. Guesstimates of what Dulux's shares, to be issued to existing Orica investors on a 1-for-1 basis, are likely to trade at when they hit the screens at 11am are ranging from