Babcock and Brown Infrastructure Ltd has reported a full year net loss of $51 million and a cut in distributions, despite acquisitions over the past year including Alinta boosting revenue up 85 per cent.
Shares in agribusiness investment manager Great Southern Ltd jumped briefly higher today after a major restructure proposal to create a company with three business streams.
It's a win-win situation for iron ore hopeful Golden West Resources Ltd and Yilgarn Infrastructure Ltd following a rail and port deal in the state's Mid West region.
Yilgarn back in port play on Golden deal; Ailing Centro bids to extend life support; Condensate tax added to Lib hit list; Minister hides key gas crisis evidence; US investors get direct access to local shares
West Perth-based developer Cedar Woods Properties Ltd has beaten its earnings forecast, today posting a net profit of $21 million for the 2008 financial year, an increase of 11 per cent from the previous year.
Alumina Ltd plans to raise up to $910 million through a pro rata entitlement offer to fund expansion plans for its joint venture projects in Brazil to meet growing global demand.
Economic forecaster BIS Shrapnel has forecast a return to strong economic growth in the medium-term, once the current episode of ‘overdone pessimism’ has receded.
Premier Alan Carpenter and opposition leader Colin Barnett have played it safe in a pre-recorded debate to be aired tonight, with no fiery arguments or any new policies announced.
Perth-based Iluka Resources Ltd will capitalise on the high Chinese demand for zircon with a commitment today to spend a further $210 million to boost production at its Victorian projects.
The state Liberal Party is slowly closing the gap on the Carpenter government in the upcoming state election, according to punters with Sportingbet Australia.
Oil and gas producer Amadeus Energy Ltd's bottom line has been impacted by adjustments to its hedge portfolio, with the company reporting a full year net loss of $1.3 million.
Client demand, improved margins and tight control of overheads have led Southern Cross Electrical Engineering Ltd to beat its prospectus pro forma earnings forecasts for the 2008 financial year.
East Perth-based North Australian Diamonds Ltd's plan to raise $6 million could face a hurdle from a major shareholder, which has filed an application to the Supreme Court to prevent the initial allotment.
Welshpool-based engineering company RCR Tomlinson Ltd has reported its fifth consecutive year of record earnings and sales for the 2008 financial year, with net profit rising slightly to nearly $18 million.
Perth-based shipbuilder Austal Ltd was warned of a challenging business environment for fiscal 2009 as it posts a record net profit of $52 million for the 2008 financial year.
Deterioration of market conditions has forced Osborne Park-based Anvil Mining Ltd to lower the price of its share placement to Israeli mining investor Dan Gertler by nearly 20 per cent.
With the state set to go to the polls on September 6, the Chamber of Commerce and Industry of WA has issued an election policy blueprint it wants the elected government to take on board "to secure WA's long-term prosperity".
Chinese given green light for raid on Rio; ANZ head says bank monitoring exposure on Babcock & Brown; Battle for Golden West shareholders hots up; Kirin buys up dairy in $900m deal; Profits take $12bn hit on write-downs
The corporate watchdog is requesting prosecutors consider an appeal following today's 12-month suspended prison sentence handed down to former Westpoint promoter Neil Burnard.
Malaga-based windows covering company Kresta Holdings Ltd plans to roll-out a further 12 stores during this financial year after today reporting a five per cent increase in full-year net profit.
Shares in Golden West Resources Ltd have jumped 30 per cent on an unusual heavy day of trade as Portman Ltd's shareholding grip on the company loosens due to dilution.
Liver cancer treatment company Sirtex Medical Ltd has applied for an injunction against former chairman Bruce Gray to stop him from competing with the firm after he backed down from an earlier commitment.
The state Liberal Party will commit $648 million towards Western Australia's health system if elected and said it will retain the Princess Margaret Hospital as a government run entity.
Mining services company Imdex Ltd has entered into an agreement to fully acquire Queensland drilling services Wildcat Chemicals Australia Pty Ltd for nearly $2 million.
East Perth-based engineering company Lycopodium Ltd believes the buoyant minerals sector outlook will offset challenging conditions in the biodiesel and manufacturing sectors, as it today announced a 40 per cent increase in full-year net profit.
The short-term outlook for state energy retailer Synergy appears robust with Standard & Poor's Ratings Services today assigning an A-1+ corporate credit rating.
Takeover target Ausdrill Ltd has posted a 28 per cent increase in its full year net profit on the back of a six per cent increase in revenue to $391 million.
WA set to lose $25b gas project to Darwin; Coal fires but Coles a work in progress: Wesfarmers; Jobs go, debt slashed as B&B fights for a future; Carbon plan 'a company killer'; New scheme brings foreign workers to Kimberley
Mining services company Mineral Resources Ltd has reported a net profit of $47 million for the 2008 financial year, up 134 per cent from the previous year.
West Perth-based mining company Sphere Investments Ltd is looking for a new partner for its Mauritanian iron ore project, after Qatar Steel walked away from acquiring a 15 per cent interest worth $130 million.
