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Friday March 29, 2024

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Downer Shares Soar
Business
Wednesday November 29 2017

Downer Shares Soar

Shares in Downer EDI have soared following an upgrade to the engineering group's full-year profit guidance after it found larger-than-expected cost savings following its Spotless purchase.

South32 Launches $US500 Million Buyback
Mining
Tuesday March 28 2017

South32 Launches $US500 Million Buyback

Diversified miner South32 is launching a $US500 million ($A655 million) on-market share buyback as the BHP Billiton spinoff continues to benefit from the recovery in commodity...

Rio Tinto to Freeze Pay in 2016
Business
Friday January 15 2016

Rio Tinto to Freeze Pay in 2016

Mining giant Rio Tinto has put a freeze on salaries for all employees, as it hunts for savings in the face of a continuing slump in...

Transfield Stock Surges on Takeover Bid
Business
Tuesday October 21 2014

Transfield Stock Surges on Takeover Bid

Shares in infrastructure and maintenance firm Transfield Services have risen sharply after it rejected a $1 billion takeover bid from Spanish building giant Ferrovial.