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Intoll sweet on improved $3.4bn offer

  The Australian Business Briefing  
  omss, this is your Australian Business update for Fri Aug 27 12:58:59 EST 2010  
 
Intoll sweet on improved $3.4bn offer
M7 toll road UPDATE: Ross Kelly INTOLL has endorsed a sweetened $3.44 billion takeover offer from a giant Canadian pension fund that values its assets at book value.
 
Fairfax back in profit, flags changes
Fairfax Lyndal McFarland FAIRFAX Media has returned to a full-year profit as tight cost control helped to offset falling revenues amid tough advertising markets.
 
Harvey profit misses market forecast
Aus Bus Pix Gerry Harvey, Harvey Norman chairman Cynthia Koons HARVEY Norman today fell short of market expectations after lifting net profit by 8 per cent and projecting a positive outlook.
 
Rare resources key in power battle
Evo Morales ANALYSIS: Leo Lewis THE world will belong to the countries who control the resources, such as rare earth metals, which power the 21st century.
 
Lihir back to black as revenue slips
Lihir gold Ross Kelly and David Fickling LIHIR Gold today posted a $US388 million turnaround into profit, after last year's loss on the back of writing off its Ballarat mine.
 
FCC keeps its curse on swearing
aus bus pix bono Amy Schatz THE US broadcasting watchdog has asked a court to reconsider its decision to reject restrictions on indecent speech on TV and radio.
 
Sims swings to profit, beats market
Sims Metal Management Cynthia Koons SIMS Metal Management has swung back into profit with its full-year result topping market expectations.
 
Guest list pared for Fed retreat
aus bus pix Bernanke Jon Hilsenrath AHEAD of a crucial speech by Ben Bernanke tonight, the buzz at this year's Federal Reserve retreat in Jackson Hole is who's not here.
 
Financial Markets
Stocks under pressure on weak lead
ASX THE Australian sharemarket was marginally lower by early afternoon, with banks and mining stocks coming under selling pressure.
 
Dow closes back below 10,000 mark
Gold dips but stays above $US1200
 
Financial Markets Coverage
 
Mining & Energy
Santos under pressure on LNG
Santos Michael Bennet THE clock is ticking on Santos to secure more offtake agreements and sell-down its stake at its Gladstone LNG project.
 
Lihir back to black as revenue slips
Analysts smile on Iluka royalty stream
 
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Business Breaking News
 
12:52pm Bernie can't brook cat herd at Myer
12:34pm Stocks under pressure on weak lead
12:18pm Santos under pressure on LNG
12:13pm Myer chief catty about shareholders
11:48am Lihir back to black as revenue slips
11:39am Harvey Norman posts profit rise
11:34am Intoll sweet on improved $3.4bn offer
11:12am Mallesons, Clayton Utz block gossip site
11:11am Analysts smile on Iluka royalty stream
11:09am Harvey profit misses market forecast
11:00am Fairfax Media 2010 Full Year Resu...
11:00am Intoll FY2010 Results Briefing - ...
10:46am Icahn boosts Motorola stake
10:46am Shares lower on unemployment, US woes
10:35am Bennelong Funds Management: A Mar...
 
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John Durie
Woolies on track as Coles catches up
A SURPRISE $700 million off-market share buyback gave some glitz to an otherwise flat Woolworths result.
john-durie
City Beat
Santos under pressure on LNG
THE clock is ticking on Santos to secure more offtake agreements and sell-down its stake at its Gladstone LNG project.
city-beat
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Intoll sweet on improved $3.4bn offer
 
 
Highlights
Intoll sweet on improved $3.4bn offer
M7 toll road UPDATE: Ross Kelly INTOLL has endorsed a sweetened $3.44 billion takeover offer from a giant Canadian pension fund that values its assets at book value.
 
Rare resources key in power battle
Dow closes back below 10,000 mark
 
More Highlights
 
 
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