Listed corporate finance firm Euroz has announced a management shuffle in its stockbroking subsidiary, with the current head of institutional dealing, Rob Black, appointed as managing director.
Information technology group Empired has agreed to acquire Melbourne-based IT consulting service provider OBS for $15 million and has also announced a major contract with an unnamed resources company.
Stockbroking firm Euroz has lodged a net profit of $6.3 million, just over half of its net profit in the previous year, after enduring what it described as extremely challenging conditions in equit
Rialto Energy is seeking to raise up to $21 million to fund exploration and development work at its oil and gas acreage off the coast of Cote d'Ivoire.
WESTERN Australian stockbrokers CPS Securities and Indian Ocean Capital have agreed to merge to create the ninth biggest stockbroking operation in the state.
US-focused oil and gas junior Sundance Energy has raised $48.1 million through a share placement, to fund development of its shale gas and conventional oil acreage in Texas and Mississippi.
Perth company Euroz has reported a sharp rise in its first-half net profit, with higher profits at its investment companies offsetting weaker earnings from its core stockbroking business.
Hartleys has reported a significant drop in revenue and a huge reduction in profit from its bumper 2011 result, but the stockbroker nonetheless remained well in the black, lodging a net profit of $
IT might not be the busiest of times in Western Australia's corporate advisory scene, but that has not stopped positive moves by several firms – albeit without much fanfare – that have included the
WITH some experienced campaigners suggesting the current mergers and acquisitions market is the worst they have ever seen, there is plenty of finger pointing to overly exuberant deals of the past f
ASX and Toronto-listed Aurora Oil and Gas has beefed up its holding in the highly-prospective Sugarloaf shale gas field in the United States, snapping up a 6 per cent stake for $US95 million ($95.3
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News' 2011 survey has found.
Stockbroking firm Hartleys has joined most of its industry peers in recording a bumper profit increase for the year to June 2011, a result that is unlikely to be matched in the current financial ye
Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.
STOCKBROKING is widely perceived to be a lucrative trade, and that is certainly true for the smarter operators, but what is even more interesting is the highly varied performance of major broking firms in Perth.
Investment banker Karl Paganin has parted company with listed Perth-based financial services group Euroz where he headed the corporate finance department.
WA-based West African gold explorer Gryphon Minerals has announced a friendly all-scrip takeover bid for fellow West African gold player Shield Mining.
Perth businessman Bruce Drummond has lodged an appeal over a Federal Court decision that cleared Euroz Securities from allegations the broker did not advise of risks associated with Opes Prime.
Perth-based stockbroking and funds management company Euroz Limited plans to double its interim dividend for the half-year ending December 2009, after reporting a 574 per cent increase in net profit.
Euroz Securities has been fined $40,000 by the ASX Disciplinary Tribunal after an advisor was found making prohibited discretionary trades on behalf of two clients.
Perth-based stockbroker Euroz says it will pay shareholders an interim dividend as it posts an unaudited first half net profit of $1.6 million, down from $14.6 million from the same period last year.
Euroz Ltd has reported a jump of 91 per cent in its unaudited net profit after tax for the 2008 financial year but, as it usually does, has cautioned the market that continued profitability will be dependent on the market.
Perth-based Euroz Securities Ltd will "vigorously" defend a claim made by Dalkeith businessman Bruce Drummond, who claims the stockbroker provided poor advice in relation to the Opes Prime saga.