Resource Development Group closes acquisition
Resource Development Group (ASX:RDG) has closed the $4.5m purchase of electrical engineering and IT services firm Intellect Systems
Resource Development Group (ASX:RDG) has closed the $4.5m purchase of electrical engineering and IT services firm Intellect Systems
Bank of Queensland (ASX:BOQ) is confident its upcoming performance will convince Moody's to maintain the A2 credit rating which has just been placed under review
Sales from Wesfarmers' (ASX:WES) Coles and Bunnings divisions both grew over 8% in Q1, but the Target, Kmart and Officeworks chains did not fare as well
Triple Point Australia has so far acquired a 75% ownership of industrial software developer QMASTOR through its $26.2m takeover bid
Australian economic growth is showing early indications of swinging from well below trend in 2011 to above trend in early 2012, but Westpac (ASX:WBC) cautions it is too early to be sure
Credit ratings agency Moody's has affirmed Telstra's (ASX:TLS) A2 rating – but kept it on review for a downgrade – in the wake of yesterday's NBN vote
Mobile credit top-up company e-Pay Asia (ASX:EPY) has disclosed that the planned $12m sale of its operating subsidiaries to Euronet Worldwide will not be proceeding
Australian financial software firm FST has filed patent violation charges in a US court against Microsoft and IT reseller CDW Corporation
Genesis R&D (ASX:GEN) will seek a new option to fund an emergence from operational suspension, after potential investor UBNZ's former principal was arrested for bribery
Australians will spend $30.2b on online transactions this year, with 97% of internet users having shopped online at least once, research from PayPal states
ISP iiNet (ASX:IIN) has disclosed that rival TPG now owns 4.4% of the company, but TPG (ASX:TPM) states it merely plans to use the stake as a strategic investment
Reverse Corp (ASX:REF) is confident it can turn around in FY12, after reporting a 67.5% decline in FY11 profit
The average wealth of an Australian household has grown 14% since FY06, the poorest 20% are only 4% better off, ABS data shows
Conquest Mining (ASX:CQT) and Catalpa Resources (ASX:CAH) have gained the required shareholder approvals to merge into a billion-dollar gold miner
Bad debts wiped 13% from Bank of Queensland's (ASX:BOQ) FY11 profit, but the bank's underlying performance improved significantly