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Australian Stock Exchange



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3Vote!

Australian company buys R.I.'s East Side Clinical Lab

By Paul Grimaldi PROVIDENCE, R.I. -- Rhode Island's East Side Clinical Laboratory has been purchased by an Australian healthcare company for an undisclosed sum, according to a statement from Sonic Healthcare Ltd. East Side provides medical testing services to residents in and around Rhode Island. A Providence woman, Esther E. Brintzenhoff, founded East Side Clinical in 1949, after leaving her job as...

3Vote!

TVs Should Be Better With Lasers

Back in October 2006, right before they listed on the Australian Stock Exchange, a company called Arasor held a press conference in Sydney announcing that the future of television had arrived, and that future was lasers . Arasor claimed that an optical chip they made could enable TV manufacturers to use lasers in their TVs for an amazing picture quality. They claimed it would happen by Christmas 2007,...

3Vote!

Friday Roundup

New Zealand Prime Minister John Key was on CNBC Asia Friday morning giving a lengthy and very candid interview. He talked about the run up in the kiwi dollar and how it would be helpful for it to correct some the other way. He spelled out specific opinions about economics in other countries in the region including the idea that it will not be a bad thing for various countries, including China, to let...

3Vote!

CBio seeks $30m ahead of ASX listing

Arthritis drug developer CBio as lodged its prospectus with ASIC to raise up to $30 million ahead of listing on the Australian stock exchange on December 14.

3Vote!

CBio seeks $30m ahead of ASX listing

Arthritis drug developer CBio as lodged its prospectus with ASIC to raise up to $30 million ahead of listing on the Australian stock exchange on December 14.

3Vote!

Bilfinger Berger may float on ASX

Construction company Bilfinger Berger Australia (BBA) could be floated on the Australian stock exchange.

3Vote!

Bilfinger Berger may float on ASX

Construction company Bilfinger Berger Australia (BBA) could be floated on the Australian stock exchange.

3Vote!

Centrex shares soar as Oz govt approves Wugang investment

Shares of Centrex Metals Ltd jumped to a record in Sydney trading yesterday after the Australian government approved Chinese miner Wuhan Iron & Steel Group's (Wugang) A$271 million ($247 million) investment in the Australian iron ore firm. Wugang will also acquire a 60-percent stake in the iron ore rights of five Centrex projects in South Australia that could contain up to 2 billion tons of resources,...

4Vote!

EZCORP Completes Investment in Cash Converters

AUSTIN, Texas, Nov. 5 /PRNewswire-FirstCall/ -- EZCORP, Inc. (Nasdaq: EZPW) announced today that it has completed its acquisition of 108,218,000 newly issued ordinary shares of Cash Converters International Limited, a public company headquartered in Perth, Australia. EZCORP paid AUS $0.50 per share, for a total investment of AUS $54,109,000 (approximately $49.4 million U.S.), and now owns approximately...

3Vote!

Constellation in deal talk with Australian Vintage

LOS ANGELES (MarketWatch) -- Constellation Brands Inc. said Sunday it is in talks for a possible combination of a portion of its Australian and U.K. wine operations with Sydney-based Australian Vintage Ltd. "in exchange for a substantial, but non-controlling, interest in the combined entity." Constellation said the discussions with the Australian wine maker are still ongoing and that "there...

3Vote!

I told you so...

So predictble! . Cash carry trade! Australia, down under, the land of opportunities! . " Foreign speculation on our currency is a bubble set to burst " . "Arguably, the monetary strategy adopted by Stevens has compounded Australia's lack of international competitiveness for our manufacturing and service industries, especially tourism. Since the end of 2008 our dollar has appreciated...

3Vote!

Genesis Resources to make ASX debut

Junior minerals explorer Genesis Resources Ltd is set to make its debut on the Australian stock exchange on Tuesday after completing a $4 million public offer.

3Vote!

Stock market looks set for weak open

The Australian stock exchange is heading for a weak open on Monday after US markets fell one per cent on Friday.

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Stock market looks set for weak open

The Australian stock exchange is heading for a weak open on Monday after US markets fell one per cent on Friday.

3Vote!

Australian Stock Exchange

By Michael Kaufmann With the implementation of SEATS, a totally electronic trading system, the Australian stock market offers streamlined execution of orders. There are no market makers for ordinary shares, nor are there stop loss orders. Investors trade directly with each other. With an all-electronic system there are fewer delays, and this is good news for investors. An online stock trader can be...