New's Muster - What the Web's Reading



Zinifex expects lower H2 earnings
Zinifex says it expects lower than expected earnings in the second half of fiscal 2008 due to a drop in zinc prices and rising costs.
Mon, 12 May 2008 20:50:46 -0500

Hewlett-Packard in talks to buy EDS
Hewlett-Packard Co is in talks to buy technology outsourcing company Electronic Data Systems Corp for up to $A13.74 billion.
Mon, 12 May 2008 18:46:14 -0500

Banks agree on $67b merger
Westpac and St George have agreed to join forces in a deal that sees St George shareholders getting a 24% premium for their shares.
Mon, 12 May 2008 18:07:50 -0500

Wall Street sharply higher
Wall Street closes sharply higher as the introduction of a faster BlackBerry spurs optimism about business spending on technology.
Mon, 12 May 2008 15:21:06 -0500

Citigroup to sell assets
Analysts are sceptical about the 'leaner and meaner' message despite bank plans to sell off $425 billion in assets
Sun, 11 May 2008 09:00:00 -0500

Labor can't afford bank rage
The government will hardly block Westpac's move, but has to ensure competition stays strong.
Mon, 12 May 2008 01:00:20 -0500

Bank shares take off
Merger talks between Westpac and St George propelled the sharemarket to a higher finish.
Sun, 11 May 2008 19:19:53 -0500

Kelly's masterstroke
Westpac's Gail Kelly may have given her successor Paul Fegan the biggest hospital pass in banking but there's great timing in her tilt at St George.
Sun, 11 May 2008 19:56:53 -0500

Bank shares take off
Banking sector shares surge after Westpac approaches St George Bank about a possible merger.
Sun, 11 May 2008 19:19:53 -0500

Banks well placed to weather storm
THE years of double-digit growth are over for Australia's big banks, and the cost of bad debt is about to rise again.
Sun, 11 May 2008 09:00:01 -0500

Aussie stock market to open lower
The Australian stock market is tipped to open slightly lower on Monday following a weak lead from Wall Street on Friday night.
Sun, 11 May 2008 01:16:25 -0500

NAB cash profit jumps 8%
NAB beats analyst expectations.
Thu, 08 May 2008 17:09:01 -0500

Markets over low point: Reserve
THE worst of the global financial turmoil may be over, despite market sentiment remaining "fragile", the Reserve Bank has suggested in its latest quarterly report on the economy.
Fri, 09 May 2008 09:00:01 -0500

Zinifex tips closer ties with Jinchuan

Zinifex tips closer ties with Jinchuan
The Australian - 6 hours ago
ZINIFEX has flagged future partnerships with Jinchuan Group , China's biggest nickel producer , after the company accepted an $852 million takeover offer for Allegiance Mining.Jinchuan has a ...

Thu, 08 May 2008 09:55:54 -0500

Oxiana surges on takeover speculation
Oxiana rises the most in seven weeks amid speculation of a possible takeover offer from Xstrata.
Tue, 06 May 2008 23:22:21 -0500

Westpac first to call $A-greenback parity
Westpac forecasts the Aussie dollar will be worth one US dollar by early 2009.
Tue, 06 May 2008 23:53:20 -0500

RBA keeps finger on the trigger
The Reserve Bank has kept rates on hold but warns in its statement it may have to raise rates further.
Mon, 05 May 2008 23:47:39 -0500

US stocks slide as oil hits record
US stocks retreat as retailers fall on record oil prices and Yahoo tumbles the most in almost two years after Microsoft abandons its $US50 billion bid for the company.
Mon, 05 May 2008 15:16:40 -0500

Australian stocks to continue recovery
The Australian stock market is tipped to continue its recovery on Monday, after US labour market figures eased fears of a deep downturn there.
Sat, 03 May 2008 23:39:08 -0500

Iemma defies own party
Premier has decided to proceed with privatising the NSW power industry.
Sun, 04 May 2008 00:19:02 -0500