Share Brokers News
Pachydro Boss Backs Ifm
Wednesday May 25, 2005
PACIFIC Hydro shareholders should take the money and run by accepting Industry Funds Management's $5-a-share bid for the renewable energy group in the absence of a stronger bid elsewhere, PacHydro chairman Bernard Wheelahan said in a letter accompanying the company's Target's Statement.Pachydro Bid Gains Approval
Wednesday May 25, 2005
Pacific Hydro shareholders should take the money and run by accepting Industry Funds Management's $5-a-share bid for the renewable energy group, in the absence of a stronger bid elsewhere, PacHydro chairman Bernard Wheelahan said in a letter accompanying the company's target's statement.Coles Myer Says $700m Share Buyback Is Not A One-off Program
Tuesday May 24, 2005
INVESTORS buoyed by Coles Myer's announcement of the second stage of its $700 million share buyback have lifted the share price 2.6 per cent - the biggest gain in 14 months.Brokers Downgrade Multiplex, Punters Upgrade
Friday May 20, 2005
MULTIPLEX had mixed fortunes yesterday as a partial recovery in its share price was offset by brokers downgrading earnings estimates.Multiplex Up On The Downside
Friday May 20, 2005
Multiplex had mixed fortunes yesterday as a minor recovery in its share price was offset by brokers downgrading the company's earnings estimates.Westpac And Nab Chiefs Take Different Risk Paths, But Only Time Will Tell Who Made The Right Call
Tuesday May 17, 2005
WITHIN the recent round of big bank interim profit presentations was a major divergence of strategies. Westpac's David Morgan was only too happy to concede a largely deliberate loss of market share while National Australia Bank's John Stewart was trumpeting his bank's above-system growth.Bhp Tries New Tack In Wmc Bid
Saturday May 14, 2005
The resource giant's offer is getting nowhere fast, but now it's called on brokers to get things movingWestpac Keeps Its Powder Dry
Friday May 6, 2005
Westpac chief executive David Morgan lived through one near-collapse at the bank in the property downturn of the early 1990s and he is determined to avoid the next one, even if that means giving up some market share.Hsbc's Brokers Get A Slap On The Wrist
Wednesday May 4, 2005
THE stock exchange's disciplinary tribunal has been busy lately, handing out fines to various market participants.