The West Australian cited Mr Richard Mehan MD of Grange as saying that the combination of market speculation over a future acquisition and the recent iron ore price rally has provided Grange Resources with an overdue market revaluation. ...
Tags: Metallurgy, Mineral, iron ore, market conditions
While stock and bond traders fretted over the US fiscal cliff and its potential impact on broader markets earlier this week, Chinese iron ore buyers were unconcerned, continuing to push the price of Australia's biggest export higher on the ...
The chairman and CEO of US retailer Safeway Inc, Steve Burd, has announced his intention to retire. Burd, who joined Safeway in 1992 as president, will step down at the company's annual stockholders meeting on 14 May. The group said it ...
Tags: Safeway, Steve Burd, retire, company news
Based in Cambridge, Mass., Cambridge was a leader in atomic layer deposition (ALD) solutions with hundreds of system installations in research and manufacturing settings worldwide. Financial terms of the transaction were not disclosed. ...
Tags: atomic layer deposition, manufacturing settings, acquisition, Ultratech
CITI has ended rival UBS's 11-year streak at the top of the stockbroking heap, as brokers warn that an imminent uptick in market activity is unlikely after the worst year since 2005. "I would say next year will be similar to this year in ...
Tags: CITI, an imminent uptick, stockbroking heap
A FORMER analyst at Moody's Investors Service and the friend to whom he allegedly passed inside information are set to face trial over insider trading charges, after losing a court appeal. Sydney-based Daniel Joffe, who worked at Moody's, ...
The Australian Securities Exchange has simplified and enhanced the way it broadcasts stock information to subscribed traders, replacing an aging analog infrastructure with a new digital announcement system using Barix IP audio products. The ...
Tags: Securities Exchange, broadcasts stock, Barix, IP Solution
JFE Shoji Trade Corporation announced the execution of a USD 9 million Loan Agreement(the"Loan")with OM Materials(S)Pte Ltd a fully owned subsidiary of OM Holdings Ltd. OMH is listed on the Australian Securities Exchange with principal ...
Tags: JFE Shoji Trade, Loan Agreement, OM Materials, ore sourcing
Xen.org, home of the open source Xen hypervisor, today announced the final speaker line-up and agenda for its annual Xen Summit North America conference. The event will be held, August 27-28 in San Diego, California and is co-located with ...
Tags: Xen, Xen hypervisor, Xen Summit North America conference, technology
IMX Resources has appointed Mr Stuart McKenzie as its company secretary, replacing Mr Caroline Rainsford who is unable to commit to a full time role at the company. Mr McKenzie was previously company secretary with Anvil Mining for almost ...
Tags: IMX Resources, Mr Stuart Mckenzie, administration functions
Business Spectator reported that Fortescue Metals Group Ltd has upgraded the size of the resource deposit at its Iron Bridge project in Western Australia's Pilbara. In a statement to the Australian Securities Exchange, Fortescue said the ...
Tags: FMG, Business Spectator, resource deposit, Iron Bridge project
TOKYO–Japan Advisory did not show up for a hearing on Wednesday called to allow the Tokyo-based hedge fund to contest charges of insider trading,increasing the likelihood the securities regulator's case against it will be upheld. ...
Tags: Tokyo, trading hearing, SESC
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry