Brian McCarthy

News and interviews on Brian Mccarthy including trends, features, blogs and community conversations from an Australian business perspective.

Monday, 22 February 2010

Fairfax Media returns to profit, iiNet earnings up 30%: Economy Roundup

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.
 

Tuesday, 10 November 2009

Kraft launches hostile bid for Cadbury, Shares jump after big rise on Wall Street: Economy Roundup

The Aussie sharemarket has opened over 1% higher today after a third consecutive rally on Wall Street last night, after investors' confidence surged as the G20 confirmed more aid for developed economies.
 

Monday, 21 September 2009

Battle lines drawn in the fight for Fairfax Media: Bartholomeusz

The Fairfax board is now well and truly split over the fate of Ron Walker with five independent directors throwing their support behind the current chairman. But the Fairfax family isn't as alone as one might think. 
 

Monday, 10 August 2009

Rio Tinto shares fall on Chinese spying accusations, Housing finance rises: Economy Roundup

The Australian share market has opened higher today after data from the US last week showed the unemployment rate actually declined, boosting in confidence in both overseas and local markets.
 

Monday, 23 February 2009

Fairfax and Virgin Blue post big losses

Corporate giants Fairfax Media and Virgin Blue have posted huge losses as the economy slams the aviation and media sectors.
 

Friday, 05 December 2008

Fairfax chief executive David Kirk the latest to go in media turmoil

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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