One year on from the bear market lows of the global financial crisis, after a corner turned on 10 March 2009 when Citigroup CEO Vikram Pandit said the US bank was on track to post a profit in the March 2009 quarter, most companies locally have posted strong gains. [More]

CBH Resources said it received a revised proposal from its major shareholder, Toho Zinc Co., Ltd after the close of trade Monday that rivals that put forward by Nyrstar NV on Monday. [More]

Rio Tinto expects economy wide inventory rebuilding in the OECD to provide a short-term boost to activity. [More]

Aussie pharmaceutical company, Acrux said it had entered an agreement with US giant Eli Lilly to commercialise its male testosterone replacement drug, AXIRON. [More]

The board of Liquefied Natural Gas said that it has extended and modified its previously announced Heads of Agreement for the sale of the Fisherman's Landing project to Arrow Energy. [More]

Telstra Corporation announced the completion of a 10-year benchmark €1bn Eurobond issue, with a 4.25% annual coupon and a maturity of 23 March 2020. [More]

Goldman Sachs upgrades UGL to BUY with a price target of $18.54 [More]

Speculation has surfaced suggesting Arrow Energy is set to reject Royal Dutch Shell and PetroChina’s joint $3.3bn takeover bid for the Australian coal seam gas company. [More]

Santos and Oil Search said that the $15bn PNG LNG project was moving to full project execution stage, following the completion of financing arrangements and LNG buyers. [More]

Peak Resourcess' Alastair Hunter said the company had not experienced any political issues in Tanzania due to its positive relationship with the government, reaffirming the comments earlier last week from Lihir Gold acting CEO Phil Baker that Australia presents a greater sovereign risk to the miner than many African countries. [More]