Shares in listing hopeful Miclyn Express Offshore, which is eyeing WA's booming oil and gas sector, have been set at the lower end of its initial public offer price range, valuing the company at $516 million.
Shares in troubled Nomad Building Solutions were higher after the modular builder reported a healthy outlook and secured more than $28 million worth of contracts.
Former biotechnology outfit PharmAust has flagged a rights issue as it expands into the oil and gas sector with a farm-in agreement over a two exploration permits near Sicily.
The state government is working hard to restore services, clean up and get things back to normal as quickly as possible after a violent storm lashed Perth as Premier Colin Barnett estimates the damage bill could exceed $100 million.
Rio Tinto chief Tom Albanese has been mending fences in China as at least two of the global miner's employees were preparing to plead guilty to taking bribes.
Western Australia is among a handful of states and territories to top prosperity rankings as a gauge for the nation's prosperity show Australians are enjoying record economic prosperity.
Internet service provider iiNet says it is confident it will succeed in defending an appeal in its legal stoush over illegal downloading and emerge in an even stronger position.
Shares in Subiaco-based Ampella Mining closed higher today after the junior announced the board had approved a $13 million exploration program for calendar 2010.
The strongest quarterly increase in new home starts in eight years has highlighted the effectiveness of the federal government's stimulus package, but economists warn that not enough new homes are being built to accomodate a rapidly growing population.
Shares in Forge Group surged higher today after the company upgraded its earnings forecast and secured a second contract at the Sino iron ore project, valued at more than $40 million.
South Perth-based Central Petroleum has today unveiled plans to raise $22.6 million through a rights issue that has been fully underwritten by Patersons Securities.
Perth-based explorer Hot Chili is eyeing an Australian stock exchange listing next month as it prepares to open its $8 million initial public offer next week.
Skywest Airlines is expected to generate a further $10.4 million a year in revenue after it signed a deal with Citic Pacific to transport workers between Perth and Karratha.
WildHorse Energy says it has entered into agreements to raise $21.8 million, which will be used to fund development of a newly acquired underground coal gasification project in Hungary.
An Aboriginal business lobby group has today released a report recommending changes to the state's legislation to foster greater employment of indigenous contractors as WA gears up for another resources boom.
Woodside Petroleum has rejected claims that its workers have been exposed to asbestos through gaskets, saying tests have confirmed the equipment did not contain the deadly material.
Businesses in Western Australia are the most confident in the country, with the state registering a lead of more than 10 index points according to the latest National Australia Bank survey.
Western Australian superannuation provider GESB has appointed Schroder Investment Management Ltd as a manager of its $2.7 billion international equity portfolio.
Indian miner NMDC, Saudi Arabia's ABS Consulting and Sydney-based Boulder Steel are reportedly planning to submit a $US230 million ($A252 million) proposal to buy a large stake in one of Atlas Iron's Pilbara iron ore mines.
West Perth-based Wild Acre Metals has made a positive debut on the Australian stock exchange today having raised an oversubscribed $2.5 million in its initial public offer.
The strong Australian dollar has continued to take its toll on the tourism industry, with the sector recording its largest deficit in tourist numbers since records were first kept 34 years ago.
