ASX Shares and Market News Commentary
Below is the latest hot Stock Market News and ASX Market Commentary /Summaries for the Australian Share Market and Popular Local Shares.
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National Australia Bank (NAB) shares continue takeover bid with AXA
National Australia Bank (NAB) continues takeover bid with AXA
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Santos Limited (STO) and Petronas’ project expected to create jobs
The $7.7 billion Gladstone liquefied natural gas (GLNG) project of Santos and Petronas in Queensland is expected to create a huge number of jobs for the region.
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Atlas Iron (AGO) Shares- Potential to Produce $1b In 2 Years – Buy or Sell?
Atlas Iron (AGO) could be turning over nearly $1 billion within two years, according to Credit Suisse analysts, who have crunched the numbers on the iron ore miner’s latest production forecasts.
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Rudd Government Putting up Taxes on Mining Shares Profits
Rudd Government Putting up Taxes on Mining Shares Profits
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Atlas Iron (AGO) shares win Wodgina ore project
Atlas Iron (AGO) shares win Wodgina ore project
Atlas Iron (AGO) announced on Friday that the government approved its proposed Wodgina iron ore project in Western Australia.
Read more about Atlas Iron (AGO) shares win Wodgina ore projectAccording to the iron ore producer, all environmental approvals were complete and mining will begin… -
Fortescue Metals Group (FMG) shares may take hit after lost trial
Fortescue Metals Group (FMG) shares may take hit after FMG loses court trial
Australian-based Fortescue Metals Group (FMG) will be subjected to pay millions in compensation to shipping contractor Zodiac Maritime after losing a court trial in the United Kingdom.
A representative…
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BHP Billiton (BHP) shares favored for coal terminal
BHP Billiton (BHP) favored for coal terminal
The Government of Queensland favors Broken Hill Proprietary (BHP) Billiton as the sole developer of the new terminal at Abbot Point to increase support from its booming coal fields.
According to reports, two new coal terminals…
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ANZ Banking Group (ANZ) shares earnings expected to double
ANZ expected to double first half 2010 cash earnings
ANZ Banking Group Ltd is expected to double first half 2010 cash earnings as bad debt provisions fall but analysts warn share prices across the banking sector are no longer cheap.
Like two of its…
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Newcrest Mining (NCM) to Improve Shares Takeover Bid for Lihir Gold (LGL)
Newcrest Mining (NCM) to improve shares takeover offer for Lihir Gold (LGL)
Newcrest Mining (NCM) announced today it is ready to make some changes regarding its takeover bid for Lihir Gold (LGL), presenting the shareholders a mix of either shares or cash.
“We…
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ANZ Shares want to beat HSBC and Standard Chartered
ANZ Shares want to beat HSBC and Standard Chartered in Asia
Australian and New Zealand Bank (ANZ) will soon have its foray into the Asian market if things go well for them.
Mike Smith, chief executive of ANZ, told international news media that…
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