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Hastie Group Ltd

Type: Company

Name: Hastie Group Ltd

First reported May 03 2013 - Updated May 03 2013 - 1 reports

Liquidator dashes hopes for Hastie investors

The liquidator of Hastie Group says there are reasonable grounds to believe there is no prospect that shareholders will receive any return on their shares in the failed construction and services provider. Carrie covers companies news from our Sydney ... [Published Australian Financial Review - May 03 2013]

Entities: Hastie Group Ltd, Sydney (Australia), Construction

First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Everyone selling? It's time to buy

The gold price fall means some investors are averaging down. When the gold price plummeted last week, hitting a two-year low, not everyone panicked and sold all their gold stocks.''I'd buy some more; that's what I'm doing myself,'' says David Coates, ... [Published Sydney Morning Herald - Apr 23 2013]

Entities: David Coates, Geoff Wilson, Smith Asset Management Inc, Wilson Asset Management, Hastie Group Ltd

First reported Apr 18 2013 - Updated Apr 18 2013 - 1 reports

Bank of Queensland Ltd

PRESS DIGEST-Australian Business News - April 19

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com)--Woodside Petroleum endured a significant setback this week after key talks on third-party ... [Published TrustLaw - Apr 18 2013]

Entities: Stuart Grimshaw, Nick Greiner, Bank of Queensland Ltd, Richard Goyder

First reported Apr 18 2013 - Updated Apr 18 2013 - 1 reports

Bad loan blues: HSBC profit falls 24pc

HSBC Bank Australia has reported a 24% fall in 2012 net profit to $A134.5m, mainly due to one bad corporate loan and a rise in litigation fees. Loan impairment fees rose from $A53m in 2011 to $A135m in 2012. The bad loan is believed to be linked to industrial ... [Published Scottrade - Apr 18 2013]

Entities: Hastie Group Ltd, HSBC Bank Australia, Net Profit

Quotes

...At the time of writing, the gold price had stabilised. He adds: "Companies with good assets and good balance sheets are really cheap down here … the recent gold price move is not representative of the true state of the global economy."

Everyone selling? It's time to buy [Published Sydney Morning Herald - Apr 23 2013]

...-Suppliers who do not reduce their prices will be dropped by supermarket giant Coles, said parent company Wesfarmers chief executive Richard Goyder. "Our role as a supermarket is to deliver better value to our customers, and we will be absolutely focused on doing that, so suppliers who are inefficient and have outdated technology may not have a future role supplying us" explained Mr Goyder. Page 17

PRESS DIGEST-Australian Business News - April 19 [Published TrustLaw - Apr 18 2013]