Triple Point ups QMASTOR bid to $26.2m
US-based Triple Point Technology has pulled the trigger on an $0.08 per share increase in its bid for industrial software company QMASTOR (ASX:QML)
Stories by Dylan Bushell-Embling
NewSat proposes share consolidation
Satellite company NewSat (ASX:NWT) has proposed a 50 for 1 share consolidation, to help make its stock more attractive to institutional investors
M2 added to ASX 300
Telecom services provider M2 Telecom (ASX:MTU) has joined the S&P/ASX 300 list, after reporting a $27.6m profit in FY11
Sirius completes Pinnacle purchase
Software company Sirius (ASX:SIU) has paid $1m to acquire an asset management software developer, closing a deal first announced in June
Unemployment grows to 5.3% in August
Unemployment and underemployment both increased in August, ABS statistics show, but the total number of hours worked is still on the rise
Resource Development Group buys Intellect Systems
Resource Development Group (ASX:RDG) has announced a cash-and-stock deal to buy a mining-focused engineering and IT services company
Dicker Data FY11 profit up 35.6%
IT product distributor Dicker Data grew its FY11 profit to $6.1m, and reported record revenue led by strong 2H sales
Investorfirst acquires MarketsPlus
Financial services provider Investorfirst (ASX:INQ) has arranged to buy an online and mobile trading platform business for up to $2m
UXC completes FSG unit sale
UXC Limited (ASX:UXC) has become a pure IT business, now that the $61m sale of its Field Solutions Group unit is complete
GDP grows 1.2% in Q4, 1.8% in FY11
Australia's GDP increased 1.8% in FY11, ABS data shows, with gross domestic income reaching the highest peak in 23 years
Macquarie cuts 1H forecast
Capital market conditions have prompted Macquarie Group (ASX:MQG) to shave its earnings expectations for 1H12, and - in the case of some divisions - for the full year
SMB profitability hits rock-bottom ebb
Australian small business profitability is at the lowest point in the 18-year history of a quarterly survey conducted by Telstra's (ASX:TLS) Sensis
GoConnect signs terms for new JV
IPTV company GoConnect (ASX:GCN) and Melbourne-based Priority One Network Group have reached agreement on terms of an online transaction services JV
Intermoco hires new CFO
Embedded networks company Intermoco (ASX:INT) has selected Brent Henricus to become its new CFO, effective immediately
Job ads fall again in August
Ahead of the release of the official employment figures, ANZ (ASX:ANZ) has estimated that job ads shrank in August for the fourth time in nearly as many months