Royal Dutch Shell Sells Woodside Shares

Published on November 9, 2010 by Technology Slice

Royal Dutch Shell Sells Woodside Shares – Royal Dutch Shell has confirmed that its subsidiary, Shell Energy Holding Australia (SEHAL), has completed the sale of 78.34 million shares in oil and gas company Woodside. That represents 10 per cent of the total issued shares in Woodside. SEHAL now holds 190,119,364 shares representing 24.27 per cent [...]

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Woman Stole $15 Million In Shares

Published on March 29, 2010 by Technology Slice

Woman Stole $15 Million In Shares – A Melbourne mother of six has been found guilty of stealing $15 million worth of shares belonging to a Bahamas investment company. Rachel Maree Cowen, 35, of Berwick, was found guilty of creating a letter on a fake letterhead saying she had authority to receive the shareholdings of [...]

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Virgin Blue Profit Increase

Published on February 24, 2010 by Technology Slice

Virgin Blue Profit Increase – Virgin Blue delivered a better than expected result, returning to profit in the first half of the financial year after keeping a tight lid on costs. The airline posted a first half net profit after tax of around $63 million which is a 162 per cent turnaround from the loss [...]

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Shares Higher on Jobs Report

Published on February 11, 2010 by Technology Slice

THE share market was almost one per cent higher at noon, led by miner Rio Tinto and the major banks. At 12:00 (AEDT), the benchmark S&P/ASX200 index was up 38.8 points, or 0.86 per cent, at 4552.2 while the broader All Ordinaries index had gained 39.1 points, or 0.86 per cent, at 4572.1. On the [...]

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Macquarie Shares Slump

Published on February 9, 2010 by Technology Slice

Macquarie Group’s shares slid after the company predicted full-year profit of more than $1 billion that fell short of the amount analysts had been tipping. The investment bank today said second-half earnings could be up as much as 10 per cent over the first half as economic conditions around the world continue to trend back [...]

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