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Cochlear predicts Nucleus-powered growth

The chief executive, Chris Roberts, said patient and doctor response to the Nucleus 5 device was overwhelmingly positive and the new technology would form the bulk of the company's total unit sales over the next six months. Unveiling the company's first-half earnings yesterday, Dr Roberts did

Optus will stay in the fold, says SingTel

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SINGAPORE TELECOM offered assurances yesterday that it had no plan to offload Optus. Its Australian subsidiary powered a strong third-quarter performance for SingTel, with help from a rising Australian dollar and SingTel's other overseas operations. ''No decision has been made on selling
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OZ whets appetite for results from sole remaining mine

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OZ MINERALS is delighted with its earnings from its new Prominent Hill copper/gold mine in South Australia - its only operating asset after the drastic financial restructuring undertaken last year. In a teaser to its full financial results to be published on February 25, OZ said yesterday
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Optus mobile powers SingTel

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SINGTEL offered assurances yesterday that it had no plans to offload its Australian subsidiary, Optus, which was largely responsible for a strong third quarter for SingTel. ''No decision has been made on selling or listing Optus,'' SingTel chief executive Chua Sock Koong said in reply to
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OZ Minerals positive about Prominent

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AAP OZ Minerals says its Prominent Hill copper and gold mine in South Australia will likely deliver a net profit of $190 million to $210 million for calendar 2009. The mining company, which last year sold almost all its assets to a Chinese state-owned company after becoming mired in
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SingTel posts profit rise

SingTel owns Australia's second-largest telecommunications company, Optus, and controls stakes in mobile operators across Asia. It has posted an underlying net profit in the December quarter of about $805 million. The company also said that no firm decision has been made about partially

No Optus IPO planned: SingTel

SingTel chief executive Chua Sock Koong told journalists on a conference call that she was unaware of the basis for reports Optus may be listed separately on the Australian Securities  Exchange in the near future. Media have speculated that Singtel would look to float around a quarter of its

AV Jennings returns to profit

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Residential developer AV Jennings ' first half results are back in the black after structural changes and a resilient Australian housing market. AV Jennings posted a net profit of $3.2 million for the six months to December 31, compared to a loss of $9.7 million in the prior first
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AV Jennings in profit again, says new challenges ahead

Residential developer AV Jennings' first half results are back in the black after structural changes and a resilient Australian housing market. The company says 2009 was testing and the current year would bring a new set of challenges. AV Jennings posted a net profit of $3.2 million for

AV Jennings returns to profit

AAP Residential developer AV Jennings' first half results are back in the black after structural changes and a resilient Australian housing market. The company says 2009 was testing and the current year would bring a new set of challenges. AV Jennings posted a net profit of $3.2

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