The global economic slowdown has forced engineering company Sedgman to write-off $20 million of goodwill value from its Perth-based subsidiary Intermet Engineering, which it bought less than two years ago for $32 million.
Subiaco-based Global Nickel Investments will branch out into the medical sector following a proposed deal to acquire Minomic International for around $6.4 million in cash and scrip.
Golden Gate Petroleum plans to raise up to $6.32 million through a share purchase plan, with funds to go towards ongoing development work at its Bullseye oil project in the United States.
The privatisation of the state government's 300,000-member superannuation fund GESB remains stalled, with an expanding number of problems - including tax treatments - preventing the state from giving the move the green light.
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.
Economists at odds over Rudd's $42bn stimulus; BHP 'must not' dismantle mine; Downturn pulls plug on IT boom; Copper leads rise in metals prices; Blue chips help MAC buck trend
Directors in oil and gas explorer Comet Ridge have unanimously recommended a friendly merger with unlisted public company Chartwell Energy, which has coal seam gas assets in New Zealand.
Industrial software provider ISS Group has signed a $2 million contract with an Egyptian company over its BabelFish Suite of products and associated services.
Agribusinesses in Western Australia are enjoying the flow on effects of better seasonal conditions with the best business performance results nationally, according to latest figures from the the Westpac and Charles Sturt University Agribusiness Index.
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Western Australia's native timber industry has expressed shock at the state government's blanket rejection of requests for financial assistance, predicting job losses and mill closures will result.
iiNet will lodge its defence in the Federal Court today over allegations the internet service provider authorised customers to download films in breach of copyright laws.
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.
VDM Group is expecting a better second half performance after forecasting its first half profit to fall to $3 million, prompting its shares to fall by as much as 63 per cent in trade today.
The tax office has warned mining companies to be cautious before entering into arrangements that allow for immediate deduction claims for future obligations to rehabilitate a mine site.
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The proposed merger between Australasian Resources and billionaire Clive Palmer's Resource Development International is anticipated to take place next year as the latter re-schedules its listing plans.
BROCKMAN Resources managing director Wayne Richards has taken advantage of the recent upswing in the company's share price, exercising 1 million options in the money.
ONE in six BankWest customers and more than 7 per cent of St George customeras plan to vote with their feet and leave the banks as a result of the recent corporate activity, a new poll by Retail Banki
CARBON credits have been a major growth area in the forestry sector, as companies move to exploit the market created by the federal government's Carbon Pollution Reduction Scheme, due for introduction in mid 2010.
The Note raised an eyebrow at a bit of research floating about this week suggesting one in six BankWest customers could vote with their feet and leave the bank as a result of the recent takeover by Co
