Telstra's proposed acquisition of Adam Internet has hit another hurdle, with the telco giant asking the competition watchdog to indefinitely suspend its review of the merger just a week before its fate was to be decided. The Australian ...
Tags: TELSTRA, Adam Internet, company news
The regulatory review of Telstra's proposed $60 million acquisition of South Australian internet provider Adam Internet has been suspended upon request by the telco giant. Submissions on the proposed acquisition were due to the Australian ...
Tags: ACCC, internet, Adam Internet, acquisition
The sharemarket climbed again yesterday, closing the week on a high on good news from home and abroad and supported by investors seeking stocks with high dividend yields. The benchmark S&P/ASX 200 closed up 0.5 per cent at 4835.2 points, ...
Tags: stocks, sharemarket, financial stocks
The Australian sharemarket closed at a 20-month peak as high-yield stocks made strong gains. At the close today, the benchmark S&P/ASX 200 index was up 22.4 points, or 0.47 per cent at 4810.2, while the broader All Ordinaries index gained ...
Infinera Corp of Sunnyvale, CA, USA, a vertically integrated manufacturer of digital optical network systems incorporating its own indium phosphide-based photonic integrated circuits (PICs), has announced the first successful demonstration ...
Tags: Infinera, Telstra, network systems
VODAFONE has renewed calls for a review into how much telecom companies pay one another when their customers make calls to mobile phones, claiming that consumers have been ripped off to the tune of $1.3 billion by Telstra's intransigence to ...
Tags: VODAFONE, telecom, mobile phones
The Australian sharemarket had its strongest day in almost two weeks yesterday, outstripping minor gains on Wall Street as strength in healthcare stocks, banks, telecommunications and consumer discretionary companies offset a drop among ...
Tags: Australia, sharemarket, Wall Street
The Australian sharemarket closed half a per cent higher, buoyed by the big banks and a major restructure by Boral, one of the nation's biggest manufacturers. At the close today, the benchmark S&P/ASX 200 index was 21.8 points, or 0.46 ...
Tags: Stocks, Australian sharemarket, share price
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
The sharemarket struggled to gain traction yesterday as investors traded cautiously after seven straight weeks of gains. The benchmark S&P/ASX 200 closed down 6.5 points,or 0.1 per cent,at 4717.3.It hit a 19-month high of 4750.7 in early ...
Tags: sharemarket, stocks, heavyweight stocks, fiscal
The sharemarket moved the dial a click further to boom conditions by closing at a 19-month high thanks to growing interest in blue chips and miners, and a strong tailwind from the US market's fiscal resolution-driven 2.35 per cent, ...
Tags: sharemarket, growing interest, blue chips, miners
The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...
Tags: sharemarket, bang, US, fiscal cliff
The sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at ...
Tags: sharemarket, 2013, US, fiscal cliff