Street Talk

  • SouFun pricing range set

    Telstra is set to reap at least $452 million from the sale of its 50.5 per cent stake in Chinese real estate website SouFun initial public offering.

  • Holes in the road send Mitchell's sale price south

    The auction for AMP Capital Investors' transport operator Mitchell is starting to raise eyebrows. With Toll Holdings'

  • EFPs exasperation on the rise

    When is a share trade not a real trade? And how do you know what is the true market volume of shares being traded?

  • Wesfarmers happy to walk away from Griffin

    Coal might be hot right now but Wesfarmers has shown no qualms about walking away from the auction for the collapsed Griffin Coal Mining group of companies after eight months of research.

  • Talk of new Goldman move on JBWere

    Spring may have sprung but more interestingly, speculation has resurfaced that Goldman Sachs global chief Lloyd Blankfein has reopened talks with JBWere with regards to a full consolidation.

  • Mixed fortunes after failed marriage

    Months after the planned merger broke down, the share price performances of Gloucester Coal and Macarthur Coal make for an interesting analysis.

  • Merrill cuts AREITs earnings forecasts

    Words like "challenging" and "tough" were repeated more than 50 times by AREITs management teams ..

  • Brokers take red pen to Nufarm forecasts, targts

    The herbicide group said yesterday that its debt had blown out by $170 million in the space of a fortnight.

  • Down and out in Cougar Town

    Cougar Energy has suffered a nightmare run since the Queensland government ordered it to suspend operations.

  • Earnings forecasts still too high

    According to Merrill Lynch's equity strategist Tim Rocks, this reporting season was the worst for years.

  • CFO resignation a blow for Foster's

    Foster's Group chief financial officer Angus McKay is leaving to go to Asciano.

  • PBL Media in pole position with Carsales.com

    PBL Media's decision to keep a 49.1 per cent stake in Carsales.com when the online car advertising firm listed in September 2009 worked a treat.

  • Canada Pension drives a bargain for toll road

    Fresh from securing the Intoll board's backing for a $3.4 billion takeover, the Canada Pension Plan Investment Board is set to pick up another 10 per cent of Canada's 407 ETR toll road.

  • The good and bad of offshore funding

    Bank funding is under the microscope again. But not for the usual reasons.

  • Iron ore takeover action enters a new sphere

    There's nothing like talk of a counterbidder to get the share price of a takeover target moving upward.

  • Mystery guest comes to the party

    The takeover battle for small gold miner North Queensland Metals took an unexpected turn yesterday with the target announcing an unsolicited approach from a third party.

  • Betfair win in California

    California is set to become the first US state to allow betting exchange wagering.

  • Health IT group a soft target

    Speculation iSOFT will be taken over has resurfaced after the chief executive's resignation.

  • More compliance for SP AusNet

    But those costs aren't likely to impact the company, as it will be able to pass them on to customers

  • Prime Trust may need last rites

    Prime Retirement and Aged Care Property Trust is facing an uncertain future without the management rights to its retirement villages.

  • iiNet growing in popularity

    Westoz Funds Management has boosted its stake in the WA-based group from 7.7 per cent to 9.22 per cent since April.

  • Credit Suisse, Deutsche on the milk float

    Credit Suisse and Deutsche Bank have secured roles on the largest deal in New Zealand since at least 2005 - dairy giant Fonterra's $1 billion-plus tracker listing for the end of 2011.

  • Toll, Industrea hold inside running on assets buys

    Private equity asset auctions are still generating plenty of interest in the market.

  • Market ponders 'what if' on NAB bid

    The long-awaited outcome of the Australian Competition and Consumer Commission's review of National Australia Bank's and AXA Asia Pacific Holdings' proposed $13.3 billion merger has polarised the market.

  • Banks baying for piece of buyback

    It's a sign of the intense competition in a quiet market that as many as four banks have pitched over the past week or so on CSL's $900 million buyback.

  • If the greenshoe fits, QR might wear it

    As the Queensland government prepares to push the button on the $3 billion initial public offering of QR National, it's already considering ways to ensure stock price stability in after-market trading.

  • Morgan Stanley likes Fairfax Online

    Fairfax Online would be worth just under $1 a share if it were priced in the same way as other online companies.

  • Goldman upgrades FMG

    Goldman Sachs has upgraded its recommendation on Fortescue Metals Group but says investors will need to remain nimble.

  • Pokie revenues on the mend

    Gaming machine expenditure is still down but stabilising, which is a good sign for Tabcorp, Tatts and Woolworths.

  • Deutsche throws cold water on ING deal

    Analyst Jason Weate argued that the gearing in the fund after the deal is not 25 per cent but a still high 37 per cent.

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