Aspen Group has reported an interim net loss of $42.8 million, taking a big hit from investment property revaluations and fair value adjustments for the reporting period.
Mining services company Emeco Holdings has revised down its full year earnings forecast as it books a 30 per cent lift in half year net profit after tax of $39 million.
Fortescue Metals Group remains in a trading halt as it considers more capital raising after agreeing to sell a stake to a Chinese steel maker for $1.2 billion.
A company that acts as an agent for emerging Chinese steel mills has signed a deal with explorer Epsilon Energy over the Mardie iron ore project in the Pilbara.
Subiaco-based Stirling Resources has teamed up with Indian resources company NMDC to jointly identify, acquire and develop coking coal and iron ore investments in Australia and New Zealand.
Perth-based oil and gas explorer Transerv Energy says it will raise $2 million through a share placement, with funds to boost the company's working capital and go towards new investment opportunities.
InterStaff Recruitment has extended last year's interim net loss as the loss of staff and the current economic downturn impacts its recruitment division.
Mineral sampling equipment manufacturer Essa Australia expects to remain profitable during the second half of this financial year after it posted a 34 per cent drop in its interim net profit.
West Perth-based Northern Iron has raised $17.5 million from an institutional placement with funds to go towards the expansion of the Sydvaranger iron mine in Norway.
Shares in South Perth-based Central Petroleum soared 56 per cent before entering a trading halt, following a report that more than a trillion tonnes of coal could be extracted on the South Australia and Northern Territory border.
Crane supplier Boom Logistics has put WA's economic performance in perspective, announcing that it will slash the number of cranes it has in Victoria while increasing the number in WA by one.
Work/life balance and pay are usually rated as key workplace issues but a new Australian-based study of 2,400 people has found other issues that really get employees riled.
Wesfarmers Ltd has reported a 46 percent rise in net profit saying its businesses have weathered the global economic crisis but as expected its earnings per share have slumped.
Payment of a minimum salary and return travel costs for spouses are some of the draft regulations released by the federal government today for employers of subclass 457 visa workers.
More than 50 Western Australians in the meat processing sector have this week lost their jobs on the back of the economic downturn, as South West Meat Processors closes its doors.
Shares in Leighton Holdings have surged as much as 10 per cent today as Australia's biggest construction company reports a 56 per cent fall in first-half net profit and a $239 million write down on the value of its infrastructure investments.
The owners of the Dampier to Bunbury natural gas pipeline have taken direct control of asset management activities that previously were run by Babcock & Brown Infrastructure subsidiary Westnet Energy.
Perth-headquartered Pure Energy Resources shares have surged as much as 29 per cent after BG Group launched a $796 million takeover bid for the coal seam gas explorer.
Bassendean-based Hofmann Engineering has been awarded a $5 million grant in the first round offers of the federal government's $27.7 million Climate Ready program.
Global Construction services plans to raise up to $4.7 million through a placement and has launched a share purchase plan, all in a bid to increase working capital and strengthen its balance sheet.
More good news for the state's property sector as new analysis reveals first home buyers in WA receive more in government incentives than any other state or territory, while quarter-on-quarter land sales in Perth jump 29 per cent.
