Monday, 22 February 2010
Fairfax Media has recorded a net profit after tax of $141.81 million for the six months ending December 27, compared to a loss of $364.85 million during the previous corresponding period. ...
Kraft launches hostile bid for Cadbury, Shares jump after big rise on Wall Street: Economy Roundup
Tuesday, 10 November 2009
Confectionary maker Cadbury has rejected a $17 billion takeover offer from Kraft foods for the second time, after Kraft refused to raise the value of the deal. ...
Battle lines drawn in the fight for Fairfax Media: Bartholomeusz
Monday, 21 September 2009
The battle lines within Fairfax Media are now drawn. It is the two Fairfaxes, father and son, against the rest of the Fairfax board. ...
Rio Tinto shares fall on Chinese spying accusations, Housing finance rises: Economy Roundup
Monday, 10 August 2009
Rio Tinto shares have fallen 1.5% to $59.65 this morning after China accused the company of spying on Chinese corporations for about six years, costing its steel mills $122 billion. ...
Fairfax and Virgin Blue post big losses
Monday, 23 February 2009
Corporate giants Fairfax Media and Virgin Blue have posted huge losses as the economy slams the aviation and media sectors. Virgin Blue lost $101 million in the six months to 31 December, amidst what chief executive Brett Godfrey has described as the most ...
Fairfax chief executive David Kirk the latest to go in media turmoil
Friday, 05 December 2008
Fairfax Media chief executive David Kirk has resigned and will be replaced by notorious cost-cutter Brian McCarthy in the latest shake-up at Australia’s second largest newspaper publisher. ...
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