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BHP sale is more than a nickel and dime rumour

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Talk that BHP Billiton is looking to offload its remaining nickel assets for more than $US3 billion just won't go away. Whether the speculation proves correct - just like the rumours that it would bid for WMC and Rio Tinto were on the mark years ago - remains to be seen. BHP hosed down the
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Barrick to buy Tusker

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February 9, 2010 Barrick, the world's biggest gold producer, is offering 80¢ cash a share. Indago, with its 67.5 per cent stake, will be the biggest beneficiary of the offer, which is at a 90 per cent premium to Tusker's last sale price. Tusker was spun out by Indago through a $10
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Conspiracy theories about director sell-offs don"t always add up

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The reasoning goes that directors know more than an outsider and that if they thought the price was going to rise then they surely would hang on and sell then. The opposing view is that directors sell for any number of reasons. Indeed, during the past couple of years a number of directors have
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Conspiracy theories about director sell-offs don"t always add up

February 7, 2010 The reasoning goes that directors know more than an outsider and that if they thought the price was going to rise then they surely would hang on and sell then. The opposing view is that directors sell for any number of reasons. Indeed, during the past couple of years a

Virgin Blue expects to land big turnaround

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VIRGIN Blue has provided further evidence the travel industry is emerging from one of its toughest years after the airline upgraded its pre-tax profit forecast to as much as $110 million for the full year. The profit upgrade has also raised expectations Qantas may issue improved full-year
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Amcom in trading halt

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February 6, 2010 An announcement is due by Monday from the corporate telecom services provider, which completed a $25 million raising last month. It may not be a coincidence that the news follows a doubling in the company's share price over the previous six months and came just one day
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ICAP Tumbles After Broker Lowers Full-Year Outlook (Update3) - Bloomberg.com

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Pretax profit , ICAP’s preferred measure of performance, for the year ending March 31 will be between 295 million pounds ($464 million) and 315 million pounds, down from the previous forecast of 309 million pounds to 354 million pounds, the London-based company said in a statement
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AED Oil expands presence in SE Asia

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AED Oil Ltd is expanding its presence in South East Asia , after buying stakes in two gas tenements from Canada's Nations Petroleum for about $8.6 million. The Melbourne-based AED will own 100 per cent of the Rombebai contract area in northern coastal Papua, the company said on
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AED Oil expands presence in SE Asia

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AAP AED Oil Ltd is expanding its presence in South East Asia, after buying stakes in two gas tenements from Canada's Nations Petroleum for about $8.6 million. The Melbourne-based AED will own 100 per cent of the Rombebai contract area in northern coastal Papua, the company said on
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MAp"s Brussels Airport sees earning drop

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Airport owner MAp Group says its Brussels Airport recorded a 5.8 per cent drop in annual earnings but traffic levels are beginning to improve. Revenue for the year was euro 365.7 million ($A581.21 million), down 3.6 per cent on the previous corresponding period. MAp holds a 39 per cent
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