Companies

NAB seeks $US2bn in GWB sell-off

Pricing on IPO of US business slated for October, full sale could raise $US1.5bn-$US2bn.

Details of Alibaba IPO trickle out

Sources familiar with deal say investment bank allocations unusually concentrated.

Archer seeks Asian JV partner for Brownes dairy: report

The private-equity firm is seeking an Asian partner to invest in its Brownes Dairy business, the biggest producer of milk products in WA.

Finder Seeks to Sell Stake in Big Australia Oil Discovery: report

The Perth-based company has hired Miro Advisors to find a buyer for its 20% interest in the Phoenix South-1 oil discovery and nearby exploration permits in Western Australia. Dow Jones reports.

Cooperate on infrastructure: Hockey

by AAP
Federal Treasurer tells states and territories to work together to fund infrastructure projects.

Regis founders to retain 54.5% stake after IPO

Regis priced its shares at $3.65 each and the firm will have a market value of $1.1 billion on listing.

Apple's iPhone 6 greeted by huge crowds

by AAP
Queues spring up around Australia as keen buyers get in early for the iPhone 6 release.

Macquarie completes $420m bookbuild

Macquarie Bank allocates $420m to brokers, institutional investors at 3.3% margin.

Alibaba prices IPO at $US68 per share

by AAP
Chinese e-commerce giant prices IPO at top end of expected range, values company at $US167.6bn.

Six companies shed light on Australia's growth potential

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Australia's top performing private companies in industries such as agribusiness, construction and technology show that our economy can remain prosperous if we make the right decisions.

Sony shares plunge on loss forecast

by AAP
Electronics giant warns of $US2.14 billion loss on mobile phone unit struggles.

Aconex eyes November listing

Local software company plans October book build, size of offer yet to be disclosed.

Embattled van Eyk seeks buyer

Administrator calls for formal expressions of interest in the fund manager.

Primary buys private health insurer for $18m

Health provider says move into the insurance market will provide a 'natural extension' of its services.

Price plunge casts cloud over Arrium raising

Mining company’s shares collapse after $465m institutional raising, doubt over retail offer.

Alibaba IPO signals new internet era

One of the beneficiaries of Alibaba’s monstrous IPO expected this week will be venture-capital firm Sequoia Capital.

Warner Bros to axe 1000 jobs

by AAP
Hollywood studio set to cut more than 10% of workforce as part of cost-cutting drive.

US Senator warns regulators about Alibaba’s corporate structure

Improved disclosure measures not enough to protect investors, US Senator warns.

Oroton shares jump on FY14 results

Oroton stocks rally 15% as luxuxy fashion brand's FY14 profit grew 16% to $8.3m.

Aust dollar rises on Chinese bank stimulus

Chinese bank injection, relaxed US Fed leads to local currency rally.

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