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
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
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...
Argo Aims for $500m Infrastructure Float
Argo Investments hopes to raise up to $500 million as it prepares to list a new global infrastructure fund on the Australian share market.
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.
ERA Posts $127m Loss
Energy Resources of Australia (ERA) has reported a first half net loss as the uranium price hovers around nine year lows amid weak demand.
Whitehaven Shares Soar
Whitehaven Coal has shrugged off worries about two years of weak coal prices by declaring its expansions are on track and that it plans to sell...