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Cooper Energy expects flooding to impact operations
Cooper Energy said flooding in the Cooper Basin is expected to have some impact on its operations in South Australia due to roads being cut-off and oil fields being isolated.
Pharmaxis completes Phase II study
Pharmaxis announced the successful completion of a Phase IIa dose profiling study with its new anti-inflammatory agent ASM8 in patients with allergic asthma.
Leighton sub secures $463m rail contract
Leighton said its subsidiary, Leighton Asia, had been awarded a $463m contract to construct the Tse Uk Tsuen to Shek Yam section of the Guangzhou – Shenzhen – Hong Kong Express Rail Link (...
Oroton 1H profit up 24%
OrotonGroup reported a net profit of $15.4m for the six months ended 23 January 2010, an increase of 24% on the previous corresponding period.
Myer posts 38% hike in profit
Myer said its profit for the six months to 23 January 2010 jumped 38% to $115m, not including the costs of its recent IPO.
ANZ closer to Asian RBS acquisitions
Australia and New Zealand Banking Group said it has received regulatory approvals in the acquisition of the Royal Bank of Scotland’s Singapore and Taiwan businesses.
Simpson retires as Aristocrat chairman
Aristocrat Leisure announced the impending retirement of three long standing directors in an update on its board succession planning and renewal programme.
Adamus to tap the market for $30.5m
Adamus Resources has said it would tap the market for an extra $30.5m, via a placement and rights issue.
Aurox and Atlas Iron set to merge
Aurox Resources and Atlas Iron have agreed to merge via a scheme implementation agreement (“SIA”) that would see Aurox shareholders receive one Atlas share for every three Aurox shares hel...
Seek lifts stake in JobStreet
SEEK said it has increased its stake Malaysian based provider of employment websites JobStreet Corporation Berhad from 10.1% to 21.3% after paying a consideration of $23.5m.
Cooper Energy said flooding in the Cooper Basin is expected to have some impact on its operations in South Australia due to roads being cut-off and oil fields being isolated.
Pharmaxis completes Phase II study
Pharmaxis announced the successful completion of a Phase IIa dose profiling study with its new anti-inflammatory agent ASM8 in patients with allergic asthma.
Leighton sub secures $463m rail contract
Leighton said its subsidiary, Leighton Asia, had been awarded a $463m contract to construct the Tse Uk Tsuen to Shek Yam section of the Guangzhou – Shenzhen – Hong Kong Express Rail Link (...
Oroton 1H profit up 24%
OrotonGroup reported a net profit of $15.4m for the six months ended 23 January 2010, an increase of 24% on the previous corresponding period.
Myer posts 38% hike in profit
Myer said its profit for the six months to 23 January 2010 jumped 38% to $115m, not including the costs of its recent IPO.
ANZ closer to Asian RBS acquisitions
Australia and New Zealand Banking Group said it has received regulatory approvals in the acquisition of the Royal Bank of Scotland’s Singapore and Taiwan businesses.
Simpson retires as Aristocrat chairman
Aristocrat Leisure announced the impending retirement of three long standing directors in an update on its board succession planning and renewal programme.
Adamus to tap the market for $30.5m
Adamus Resources has said it would tap the market for an extra $30.5m, via a placement and rights issue.
Aurox and Atlas Iron set to merge
Aurox Resources and Atlas Iron have agreed to merge via a scheme implementation agreement (“SIA”) that would see Aurox shareholders receive one Atlas share for every three Aurox shares hel...
Seek lifts stake in JobStreet
SEEK said it has increased its stake Malaysian based provider of employment websites JobStreet Corporation Berhad from 10.1% to 21.3% after paying a consideration of $23.5m.
Market Watch
 | Market edges lowerThe Australian sharemarket finished lower Thursday as losses from a few of the heavyweight miners and financials eventually outweighed strong gains seen among other blue chips. Read More |
 | Aussie shares edge slightly higherLocal shares paced modest rises in international markets, adding 0.1% by lunch in quiet trade. Read More |
 | US stocks rise on positive economic dataIn the US, the Dow continued to trade around the gain line for the third straight session in light trade. Read More |
News and Views
 | Cooper Energy expects flooding to impact operationsCooper Energy said flooding in the Cooper Basin is expected to have some impact on its operations in South Australia due to roads being cut-off and oil fields being isolated. Read More |
 | Pharmaxis completes Phase II studyPharmaxis announced the successful completion of a Phase IIa dose profiling study with its new anti-inflammatory agent ASM8 in patients with allergic asthma. Read More |
 | Leighton sub secures $463m rail contractLeighton said its subsidiary, Leighton Asia, had been awarded a $463m contract to construct the Tse Uk Tsuen to Shek Yam section of the Guangzhou – Shenzhen – Hong Kong Express Rail Link (“XRL”). Read More |
Snippets
 | Snippets Corner: 11 March 2010 - BENBendigo and Adelaide Bank received an upgrade on its credit rating outlook from Fitch Ratings services. Read More |
 | Snippets Corner: 10 March 2010 - MAH, CHC, ORIMacmahon Holdings requested its shares be placed in trading halt this morning. Read More |
 | Snippets Corner: 09 March 2010 - LLC, LEI, DJS, CBD, ANZLend Lease Group announced the appointment of former Leighton chief financial officer Scott Charlton in the newly created role of director of operations. Read More |
Vital Signs
 | Vital Signs: 09 March 2010 - ALT, MLAAnalytica announced the receipt of 510(k) clearance from the US Food and Drug Administration to market the AutoStart Burette in the United States. Read More |
 | Vital Signs: 01 March 2010 - SIPSigma Pharmaceuticals requested its shares be suspended from trading as the company expects to make an announcement to the market in relation to revised earnings guidance for the year ended 31 January 2010. Read More |
 | Vital Signs: 12 February 2010 - HSPHealthscope shares were placed in trading pending an announcement regarding the outcome of late stage negotiations regarding a potential acquisition, and an associated capital raising. Read More |
Resource Wrap
 | Resource Wrap: 11 March 2010 - GXY, CAHGalaxy Resources announced a 23% increase to its ore reserve for the Mt Cattlin Spodumene Project in Western Australia. Read More |
 | Resource Wrap: 10 March 2010 - WGR, AAGWestgold Resources posted a consolidated profit for the half year ended 31 December 2009 of $735,248, compared to a loss of about $3.23m a year earlier. Read More |
 | Resource Wrap: 09 March 2010 - TXN, NMG, MPO, AGOTexon Petroleum announced a 40% increase to its nett production from all of its wells to 535 boepd compared to the mid January rate of 378 boepd in the company’s December quarterly report. Read More |
Features
 | A Death Cross For Global Uranium StocksA recent sector report by Canadian stockbrokers Haywood Securities has revealed that price charts for many international uranium stocks carry the so-called "Cross of Death". Read More |
 | Chinese Bond Sales Raise ConcernOn Tuesday night the US Treasury auctioned US$44bn of two-year notes. Last night it auctioned US$42bn of five-year notes. Read More |
 | Brokers Reassess The BanksOver the last week we have seen first half earnings results from Commonwealth Bank ((CBA)) and Bendigo & Adelaide Bank ((BEN)). Read More |
