News archive from 24 June 2013

GrainCorp recommends ADM takeover

GrainCorp is recommending its shareholders accept Archer Daniels Midland Australia's takeover offer, in the absence of a superior one. Releasing its official response on Monday, GrainCorp said that under the agreement, its shareholders would receive...

TheAge, 09:14 in Business
 

Brace for the new reality on markets

If that was the message Ben Bernanke was trying to deliver when he said the Federal Reserve could soon start scaling back its massive stimulus program for the US economy, it's safe to say investors received it loud and clear. In fact, the sell-off in...

 
'Right now we have nothing'

'Right now we have nothing'

Consumers demand end to secrecyDon't abandon us: Bangladeshis Forhad Mia doesn't feel like part of a global supply chain. The handful of internationally renowned labels he's brought home from work, labels he stitches into the shirts he sews at a...

 

GrainCorp recommends ADM takeover

GrainCorp is recommending its shareholders accept Archer Daniels Midland Australia's takeover offer, in the absence of a superior one. Releasing its official response on Monday, GrainCorp said that under the agreement, its shareholders would receive...

 

Selling a business on goodwill alone is a thing of the past

The days when a business looked and sounded good - when someone walked into the local cafe with a $500,000 cheque based on a quick assessment of passing trade - have long gone. The days when banks lent 95 per cent of a business' value are also...

 

Brace for the new reality on markets

If that was the message Ben Bernanke was trying to deliver when he said the Federal Reserve could soon start scaling back its massive stimulus program for the US economy, it's safe to say investors received it loud and clear. In fact, the sell-off in...

 

Selling a business on goodwill alone is a thing of the past

The days when a business looked and sounded good - when someone walked into the local cafe with a $500,000 cheque based on a quick assessment of passing trade - have long gone. The days when banks lent 95 per cent of a business' value are also...

 

Brace for the new reality on markets

If that was the message Ben Bernanke was trying to deliver when he said the Federal Reserve could soon start scaling back its massive stimulus program for the US economy, it's safe to say investors received it loud and clear. In fact, the sell-off in...

 
'Right now we have nothing'

'Right now we have nothing'

Consumers demand end to secrecyDon't abandon us: Bangladeshis Forhad Mia doesn't feel like part of a global supply chain. The handful of internationally renowned labels he's brought home from work, labels he stitches into the shirts he sews at a...

 
'Right now we have nothing'

'Right now we have nothing'

Consumers demand end to secrecyDon't abandon us: Bangladeshis Forhad Mia doesn't feel like part of a global supply chain. The handful of internationally renowned labels he's brought home from work, labels he stitches into the shirts he sews at a...

 

GrainCorp recommends ADM takeover

GrainCorp is recommending its shareholders accept Archer Daniels Midland Australia's takeover offer, in the absence of a superior one. Releasing its official response on Monday, GrainCorp said that under the agreement, its shareholders would receive...

 

Selling a business on goodwill alone is a thing of the past

The days when a business looked and sounded good - when someone walked into the local cafe with a $500,000 cheque based on a quick assessment of passing trade - have long gone. The days when banks lent 95 per cent of a business' value are also...

 

Rio to hold onto diamond business

Mining giant Rio Tinto has decided to retain its diamonds businesses following a review which considered a range of options, including divestment. Rio Tinto Diamonds and Minerals chief executive Alan Davies said the medium to long-term market...

 
AMP warns of profit slump

AMP warns of profit slump

Insurer AMP expects its first half underlying profit will be lower than estimated and come in between $415 million and $435 million. AMP said on Monday it was providing the guidance update for the first half of 2013 following poor claims and lapse...

 
AMP warns its half-year profit likely to fall 13 per cent

AMP warns its half-year profit likely to fall 13 per cent

Australian insurance and wealth management company AMP has warned investors that its half year profit is likely to drop by 13 per cent.AMP, which is the country's largest wealth manager, now expects its first-half profit to be between $415 million and...

ABC News, 09:36 in Business
 
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