12:00AM | Tony Boyd | The Australian Financial Review
Any sudden move by a chief financial officer at a large listed company is always closely watched and analysed from every angle. The move by Foster's Group CFO Angus McKay is no exception.
12:00AM | Tony Boyd | The Australian Financial Review
The move by Macquarie Group's interest rate strategist Rory Robertson to Westpac Banking Corp's treasury division has got tongues wagging.
02 September 2010 | Tony Boyd | The Australian Financial Review
Donald McGauchie, the chairman of troubled agricultural chemicals group Nufarm, should start learning Japanese so he can better communicate with Sumitomo Chemical Co, his single largest shareholder and the company likely to determine Nufarm's destiny.
01 September 2010 | Tony BOyd | The Australian Financial Review
There is an old saying in financial markets that you need balls to take big risk positions but you need brains to know when to get out.
01 September 2010 | Tony Boyd | The Australian Financial Review
The 12-year long process of trying to privatise the NSW electricity assets reaches a crucial stage today when domestic and foreign buyers are given critical contractual information underpinning the electricity trading rights of the nine State owned power stations that have been ring fenced from the bastardised sale process.
31 August 2010 | Tony Boyd | The Australian Financial Review
Sydney Airport has been missing from the policy priority agenda of the Greens and three independent kingmakers but their imminent grip on the levers of power provides the perfect opportunity to finally bite the bullet on building a second Sydney airport.
28 August 2010 | Tony Boyd | The Australian Financial Review
BHP Billiton's $US40 billion bid for Potash Corp of Saskatchewan - the biggest takeover of 2010 and the largest bid ever made in Canada - is more than just a move by the world's largest miner to ready itself for the coming boom in processed food consumption in Asia.
27 August 2010 | Tony Boyd | The Australian Financial Review
shareholders looking for reasons why chief executive
26 August 2010 | Tony Boyd | The Australian Financial Review
The solid 2010 financial results released last night by BHP Billiton show why Marius Kloppers had no qualms about having the financial capacity to launch the $US40 billion bid for Potash Corp but he is yet to reveal how the deal will be earnings accretive.
25 August 2010 | Tony Boyd | The Australian Financial Review
John Pollaers, the head of Foster's Group's domestic beer business, is doing well ahead of being given the task of running the brewing business when it is split from the company's troubled wine business.
25 August 2010 | Tony Boyd | The Australian Financial Review
Once a year Stockland Group chief executive Matthew Quinn's wife, Julie, has a sale at her gift shop in the Sydney suburb of Lindfield, offering bargains almost as good as the one Quinn is trying to grab from the shareholders of retirement group Aevum.
24 August 2010 | Tony Boyd | The Australian Financial Review
Leighton chairman David Mortimer's decision to leave the market in the dark about the tenure of chief executive Wal King makes a mockery of continuous disclosure rules and is contributing to a farcical situation.
23 August 2010 | Tony Boyd | The Australian Financial Review
A hung parliament resulting in a minority government controlled by independents and an upper house controlled by the Greens is the last thing Australia needed so soon after the damage done to the country's image from the resource super profits tax.
23 August 2010 | Tony Boyd | The Australian Financial Review
The eight seats lost by federal labor in Queensland will send shockwaves through Anna Bligh's government and raise doubts about her $15 billion asset sale program.
21 August 2010 | Tony Boyd | The Australian Financial Review
Now that half of all listed public companies - representing about 55 per cent of the value of the Australian market - have reported their June 30 results, the argument in favour of backing resources is as strong as ever.
20 August 2010 | Tony Boyd | The Australian Financial Review
Tom Gorman, the American who left Ford Australia to run sprawling logistics group Brambles, yesterday got through his first full-year profit result with a gold star from the market in the form of a sharp share price rise and positive comments from analysts and fund managers
18 August 2010 | Tony Boyd | The Australian Financial Review
Round one in the fight for control of Potash Corp of Saskatchewan goes to the Canadian company thanks to a number of failings on the part of the bidder, BHP Billiton, including its low ball offer and its complete failure to respond immediately to the statements made by the target.
18 August 2010 | Tony Boyd | The Australian Financial Review
The Coalition policy to boost private-sector investment in infrastructure is welcome but the decision to cap the annual cost to taxpayers at $150 million a year will mean the benefits will be incremental and may well be transferred to state governments.
18 August 2010 | Tony Boyd | The Australian Financial Review
Potential candidates wanting the Perpetual chief executive's job being vacated by David Deverall ought to have a look at the latest profit results from Colonial First State Global Asset Management to help them with their boardroom pitch.
17 August 2010 | Tony Boyd | The Australian Financial Review
The Canadian love affair with Australia's infrastructure, property and agricultural sectors has shifted to a new level with the $1.2 billion cash takeover offer for AWB by Agrium, the largest rural retailer in the United States.
13 August 2010 | Tony Boyd | The Australian Financial Review
Yesterday was D-Day for the 2010 profit reporting season and leading the charge waving a flag with a D for deflation was Telstra chief executive David Thodey, who is promising a price war in mobiles and fixed-line broadband.
12 August 2010 | Tony Boyd | The Australian Financial Review
Australia's telecommunications market is about to get very interesting as Telstra chief executive David Thodey spends up to $1 billion trying to rebuild Telstra's franchise and make up for four years of lost opportunity under his predecessor Sol Trujillo.
12 August 2010 | Tony Boyd | The Australian Financial Review
There is a big loan loss reserving story in the Commonwealth Bank of Australia's latest financial results but it has little to do with the continuing bad debt implosion at Bankwest.
11 August 2010 | Tony Boyd | The Australian Financial Review
Telstra will be put comfortably back in the driver's seat of the Australian telecommunications market if the Coalition wins the election on Saturday week and implements its broadband and telecommunications policy.
11 August 2010 | Tony Boyd | The Australian Financial Review
Whoever advised the coalminers to hold a gun to the head of Queensland Premier Anna Bligh to force her to give them access to the books of QR National must come from the bovver boy school of investment banking.
10 August 2010 | Tony Boyd | The Australian Financial Review
Graeme Samuel at the Australian Competition and Consumer Commission put his finger on a very ticklish issue when he singled out ownership of an investment platform as the asset that could kill National Australia Bank's $13.2 billion takeover of AXA Asia Pacific Holdings.
07 August 2010 | Tony Boyd | The Australian Financial Review
The month long profit reporting season gets serious for Australia's 6 million strong retail shareholder democracy next week when three major companies that are held in most stock portfolios report their annual results.
06 August 2010 | Tony Boyd | The Australian Financial Review
Three things jumped out of the News Corp profit result yesterday, starting with the bullish tone set by chairman and chief executive Rupert Murdoch, who said the ad market was "inexplicably good".
06 August 2010 | Tony Boyd | The Australian Financial Review
Tom Albanese at Rio Tinto got the question he had been expecting yesterday, when the company released its record half-year profit results.
05 August 2010 | Tony Boyd | The Australian Financial Review
Shareholders in Rupert Murdoch's News Corporation have been given some very small concessions in return for changes to the company's short and long term incentive plans that entrench excessive executive salaries and leave room for the top managers, including Murdoch and his son James, to wriggle out of suffering financial penalty for bad decisions.
