07 2008

Sempra Energy posts lower profit; raises earnings outlook

Tag: Markets, General @ 3:03 pm

Sempra Energy reports a drop in second-quarter profit, with lower results from its commodities trading and natural gas operations outweighing gains on the utility side of its business.


07 2008

Williams posts higher profit on natural-gas output, price gains

Tag: Markets, General @ 3:03 pm

Williams Cos. posts slightly higher second-quarter earnings, reflecting sharply higher prices for natural gas as well as production gains.


07 2008

ASIC’s extra vigilance welcome

Tag: ASX @ 3:02 pm

IN a world where corporate regulators are regularly accused of being fully equipped to win the last war, ASIC’s proactive stance at the IFSA conference yesterday is clearly a step in the right direction.


07 2008

Keybridge to manage funds

Tag: ASX @ 3:02 pm

INFRASTRUCTURE and property structured finance investor Keybridge Capital is going into funds management, and expects last year’s rapid profit growth to spill into fiscal 2009.


07 2008

Sara Lee swings to loss; shares tumble

Tag: Markets, General @ 3:02 pm

Sara Lee shares dip in early trading Thursday after the food maker swung to a fourth-quarter loss due to cash impairment charges.


07 2008

Constellation to sell local wineries

Tag: ASX @ 3:02 pm

WINE giant Constellation Brands, owner of the Hardy’s, Leasingham and Banrock Station labels, is to sack up to 350 staff and slash hundreds of products from its brand portfolio as the strength of the Australian dollar cripples export sales.


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