February 26, 2010 But Prime, known as Babcock & Brown Infrastructure before November's recapitalisation plan, accepts its immediate future will depend on organic growth from its depleted business base. Prime shed half its ownership of the Dalrymple Bay coal export terminal in

Stirling Resources Ltd says it expects to settle arrangements for the $15 million recapitalisation of collapsed gold miner Monarch Gold Mining Company Ltd later this week. Stirling managing director Michael Kiernan , who chaired Monarch until its demise in July 2008, hopes to

The results were in line with market expectations, although analysts were surprised by Mirvac's move to upgrade full-year operating profit from $253 million to $268.8 million, which equalled a rise to 9.2c per stapled security from the 9c previously announced. The only clouds on the horizon are

ANZ is owed $158 million in relation to a ''secured guarantee liability of Griffin Coal'', according to documents lodged with the Federal Court by KordaMentha's Brian McMaster, who has been appointed administrator to six Griffin companies. This makes ANZ the biggest creditor besides US

The court blocked the split because the potential impact on asbestos disease sufferers is "inconsistent with public policy and commercial morality". Justice Margaret Stone said in her judgement in the Federal Court in Sydney the demerger would hamper CSR's ability to meet asbes

Tuesday February 2, 2010, 10:04 am Packager Amcor Ltd has rebranded itself, coinciding with its completion of the purchase of Alcan Packaging from Rio Tinto Ltd . Amcor says its new brand "represents the beginning of a new era for Amcor". The company said in statements on

AAP Packager Amcor Ltd has rebranded itself, coinciding with its completion of the purchase of Alcan Packaging from Rio Tinto Ltd. Amcor says its new brand "represents the beginning of a new era for Amcor". The company said in statements on Tuesday that the Alcan acquisition meant

TROUBLED Queensland waste management company Transpacific Industries has warned that its pre-tax earnings will fall by almost a quarter in the first half. Transpacific also indicated that it is likely to write down the carrying value of its assets. The warning did not surprise investors

THE owner of Sydney's ill-fated Lane Cove Tunnel has been tipped into receivership two years after it was placed on life support, opening the way for pension funds and trade buyers to pick it up at a large discount to the $1.6 billion cost of the project. Reinforcing NSW's poor reputation