Macquarie looking up after crisis

INVESTORS knocked $3.07, or 6.1 per cent, off Macquarie Group's share price yesterday, but to get that in perspective, you need to go back a year.

Outlook brightens for Packer venture

FEARS that earnings at James Packer's Macau joint venture would be hit by changes to the agents it uses to bring high-rolling gamblers to its casinos have been realised with fourth-quarter earnings at rock bottom. Melco Crown Entertainment has posted earnings of $US2.7 million ($3 million), down from $US22.4 million in the same period last year.

Opes Prime clients set to receive first dividend

CLIENTS of failed stockbroking company Opes Prime, which collapsed in early 2008, will receive their first dividend in the next few days, but administrators have warned final resolution may take up to two years.

Big Australian's share price still stuck in gridlock

MARKET leader BHP Billiton is suffering from a severe case of share price gridlock. For the past three months the resources king has been left to trade sideways due to a lower-to-flat earnings outlook for the year to next June.

More power to the shareholder on executive salaries

Productivity Commission's report leaves room for further improvement.

NAB sticks to $750m issue cap

NATIONAL AUSTRALIA BANK will resist the temptation to lift the $750 million limit on its latest capital raising from small investors, despite a huge demand for the retail equity offering.

Former B&B chief faces probe over Tricom

PHIL GREEN is facing an investigation gation into his conduct as chief executive of the failed investment group Babcock & Brown after a damning report questioned the role he played in the rescue of the controversial broking firm Tricom 18 months ago.

Asciano boss riles investors

ASCIANO boss Mark Rowsthorn and his banker, UBS, will dump up to $79.8 million of the company's stock on the sharemarket to help pay for his liability under the company's capital raising - a deal that could reap the managing director a $6.65 million windfall.

Asciano boss to dump $80m in shares

ASCIANO boss Mark Rowsthorn and his banker UBS will dump up to $79.8 million of the company's stock on the sharemarket to help pay for his liability under the company's capital raising a deal that could reap the managing director a $10.2 million windfall.

Plan to bolster share disclosure rules

THE corporate watchdog is planning rules to make it easier to track whether slabs of shares in a company held by big investors are being lent to others.

Hands Off The Profits But Share Our Losses

Hands off the profits but share our losses

Westpac Might Dip Toe Into Online Broking

WESTPAC is considering taking on the might of rivals Commonwealth Bank and ANZ by launching an online share broking business under its own name.