Monthly Archives: February 2011

Reunert sale to bolster per share earnings

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Reunert was investigating options to expand the business on the continent, CEO Nick Wentzel has said. Reunert has received payment for its 40% stake in Nokia Siemens Networks (NSN) SA after deciding last year to sell out of the unit.The listed electronics company says the sale should benefit earnings per share by 35.3%, although headline earnings per share are expected to decline 2.2%. These figures are based on its last year-end results to September.Reunert has elected to exercise its option to Read more [...]

Wave Hill’s Bedford truck now to be heritage listed

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  News   Wave Hill’s Bedford truck now to be heritage listedissue 218 - 06 Feb 2011One of the enduring memories of the famous Wave Hill Walk Off for many of those who participated was an old J series Bedford truck that was used by rights campaigners to bring food and letters to the protestors. The truck is now set to be heritage listed. Hundreds of Gurindji people went on strike at the Wave Hill cattle Read more [...]

Rescheduled Caulfield Races to Run at Sandown on Wednesday

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Two of the three Listed races that were part of the washed out Caulfield meet on Saturday have been transferred to the Wednesday race-card at Betfair Park Sandown on February 9 with the Chairman’s Stakes and Manfred Stakes highlighting the day’s racing. Heavy rainfall and subsequent poor track conditions at a number of Victorian racecourses saw the abandonment of meetings on Saturday, including Caulfield. Punters now have a top midweek meet to enjoy at Sandown, with both the $100,000 Listed Read more [...]

Oakville house fire sends seven to hospital, two in critical condition

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OAKVILLE, Ont. - Two people are listed in critical condition following an early morning house fire in Oakville.Oakville fire told 680News that the blaze broke out just after 6:30 a.m. Sunday at 1479 Devon Road, near Maple Grove and Cornwall Road.A total of seven people were transported to Oakville Trafalgar Hospital, five of which were treated for smoke inhalation and other injuries. Oakville fire confirms that only one of the seven lived at the house.At the height of the fire, seven Read more [...]

Resort owner’s dream sours

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RECEIVERS have been appointed for Warrnambool-based Barbro Investments which owns the foreshore Sebel Deep Blue Resort accommodation-convention centre and site.The resort will continue operating under management by the Mirvac group while receivers explore a formal sale process. Daniel Bryant and Rodney Slattery, of Melbourne-based PPB Advisory, were appointed receivers and managers of the premises last Monday. Mr Bryant told The Standard "productive discussions" had been held with Mirvac, Read more [...]

Raoul Moat’s motors for sale

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Your Shout ( 0 ) SICK ghouls are cashing in on gunman Raoul Moat’s notoriety by flogging off his old cars for thousands more than they are worth. One old banger was sold for £2,500.[ [ Internet auction site eBay yesterday pulled the plug on an ad for a black Fiat Punto Moat owned, listed at £800.[ [ Its owner said: Read more [...]

EvesAddiction.com Listed as Site to See for Sterling Silver Jewelry – PR

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A leading consumer ratings magazine magazine has reviewed five online jewelry websites as their favorite sites for jewelry. EvesAddiction.com, a long time ecommerce jewelry website, was listed as the best site for sterling silver jewelry. EvesAddiction.com met the reviewer's requirements for security, privacy, and service and offers affordable designer style jewelry and customer benefits. "I' m very excited that EvesAddiction.com has been noticed as a trusted and shopable site," says Ray Galeotti, Read more [...]

Déjà vu: 2/3 stocks listed in 2010 are underwater

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A majority of initial public offers that hit the market in 2010 have fallen below their issue prices in the New Year. Of the 71 companies that came out with public issues in 2010, 47 are trading below their issue prices after the markets fell in January. Six companies have lost more than 70% of their value, while 17 have lost half. Among the worst hit are Aster Silicates, which has lost 75.1%, Gyscoal Alloys, which has declined 73.1%, and Tirupati Inks, which is down 71.5%.Experts Read more [...]

Listed NZ companies poised to reveal slow growth

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New Zealand's top listed companies are expected to collectively reveal low, single-digit growth this reporting season and industry commentators say predicting the year ahead will remain tough. PGG Wrightson will be first off the block today with its half-year result, while the market's second largest company, Telecom, is to report on Friday. But forecast predictions by Forsyth Barr show the average sales growth across 40 companies is expected to be just 2.1 per cent with reported profits (before Read more [...]

Canty heritage advocates call for calm

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BEN HEATHER Heritage advocates are calling for calm as the wrecking balls start to swing in Christchurch. Four hundred heritage buildings have been damaged in the Canterbury earthquake and aftershocks. While most of Christchurch's heritage buildings have survived some, such as the Arts Centre, have been badly damaged. In the central city, which houses many heritage buildings, five buildings have been demolished. Read more [...]