DuluxGroup has announced an increase of 3.7 per cent in its half-year net profit of $63.7 million, underpinned by its Paints and Coatings division, which makes up three quarters of revenues.
Fairfax
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Activist investors get 5.4 per cent stake in Fleetwood
Two activist investors have taken out a combined stake of 5.4 per cent in caravan and accommodation company Fleetwood.
Mercantile Investment Company and Sandon Capital bought 1 per cent and 4.4 per cent
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CSR profit up on housing construction strength
Arrium administrator meets with steel taskforce
Orica half-year net profit slides as mining weakness continues
Orica’s net profit has fallen by nearly a third, partly due to the settlement with the Australian Taxation Office.
The mining explosives company’s underlying profit decreased from $211 million in the
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Holden makes first profit since 2011
Tax cuts “a shot in the arm” for small business: Ai Group
Last night’s federal budget included cuts to company tax rates for small businesses, which have been welcomed by industry groups.
Included in the pre-election federal budget was a broadening in the definition
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Commonwealth must co-invest in Arrium at Whyalla: SA government
Ansell sells protective footwear business
Ansell has announced the sale of its Onguard footwear business, including a US factory, to Dunlop Industrial and Protective Footwear for an undisclosed amount.
Ansell announced the sale to the subsidiary
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Push to have Arrium supply naval projects
Arrium’s administrator is hoping to maximize the struggling company’s participation in upcoming shipbuilding projects, as first creditors meeting was held yesterday.
Mark Mentha of administrators KordaMentha
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Keeping Whyalla open essential to Arrium survival, says administrator
A first meeting of Arrium’s creditors is being held today, with the iron and steel business’s administrator saying the future hinges on the Whyalla’s steelworks.
Mark Mentha of insolvency firm KordaMentha
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Government to pay out former Queensland Nickel workers
Volkswagen management prepares to take pay cut
Volkswagen has announced that it will cut bonuses to senior management as the company prepares to deliver its annual report on April 28.
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Foreign investors reportedly interested in buying Arrium steelworks
International investors are reportedly interested in the ailing Arrium Whyalla steelworks, according to the South Australian government.
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Arrium administrator Grant Thornton could be forced out
BFC acquires bottled water company
Beston Global Food Company Limited (BFC) has entered into contracts to acquire 51 per cent of South Australian water business, AQUAEssence.
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Ellex Medical Lasers seeks to place 6.5 million new shares
Ellex Medical Lasers is on a trading halt as it seeks to place 6.5 million new shares to raise funds for market and sales and working capital.
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Grant Thornton appointed as Arrium administrators
Steel and iron ore business Arrium announced this morning that it has appointed Grant Thornton as administrators.
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1,000-plus Arrium steelworks jobs again in jeopardy
Jobs at Whyalla steelworks are under threat again, following the company’s bankers rejecting a bailout proposal and workers divided on a pay cut.
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Pacific American Coal to become major shareholder of Australian graphene producer
Pacific American Coal Limited (PAK) has accepted a Heads of Agreement (HoA) to become the biggest shareholder of Imagine Intelligent Materials (Imagine IM), Australia’s leading manufacturer of graphene-based coatings for industrial material.
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