30 2008
Manufacturing slows on oil, rates
AUSTRALIAN manufacturing activity contracted in June for the first time since January.
30 2008
Tyson makes push into India’s chicken market
SAN FRANCISCO (MarketWatch) — Tyson Foods Inc., struggling to make money in the chicken business, is pushing to profit from fast-growing demand for poultry in India.
30 2008
Taps officially open on the new MillerCoors
NEW YORK (MarketWatch) — The new joint venture between SABMiller and Molson Coors is officially on tap, and top executives are promising a fast integration of the U.S. operations of the brewing titans into one company with a lower cost structure, advantages of scale and an “entrepreneurial” spirit.
30 2008
Mortgage insurers slump again; defaults remain high
Mortgage insurers’ stocks slump again as an industry report confirms that defaults remain high in the business.
30 2008
MBIA says it sold $4 bln of assets during second quarter
SAN FRANCISCO (MarketWatch) — MBIA Inc. says it sold roughly $4 billion in assets during the second quarter to help the bond insurer meet obligations that were triggered by a recent downgrade of its credit ratings.
30 2008
Chimaera disarray as ANZ pulls $55m
THE future of Melbourne stock-lending firm Chimaera Financial Group was yesterday left on a knife-edge after ANZ Bank announced the shock withdrawal of a planned $55 million cash injection.
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