ABC Learning


Briefly Business: Arrivederci La Voca, fuel, Octaviar

Arrivederci La Voca … Fuel consumption confidence … Octavier’s woes … Flight Centre flying … Watchdog takes ABC Learning to court.

Time to put ABC Learning out of its misery

While withdrawing government subsidies would be extremely messy, perhaps a government takeover bid for the whole company is the order of the day, writes Stephen Mayne.

Things not so funtastic for Eddie and ABC

When will Eddie Groves get his marching orders, wonders Adam Schwab?

Facts fail to bear out Groves’ hedge fund claims

Data shows that Macbank is the most-shorted stock on the ASX, but the bears are less enthusiastic about shorting ABC Learning Centres, despite the claims of Eddy Groves, reports Adam Schwab.

ABC Learning admits defeat in the US, problems continue at home

ABC Learning Centres has been defeated in the US, but it has also acknowledged that there are serious problems in its Australian business, writes Adam Schwab.

Tips and rumours

Some ABC Learning staff have had their pay delayed as the company struggles to make ends meet.
AirServices Australia has agreed to a confidential but very expensive settlement of claims for damages by the victims of an air crash south of Wangaratta 28 July 2004. A light aircraft owned by the D&R Henderson timber firm […]

So much for the Eddy Groves ‘coup’

Eddy Groves was universally hailed as a genius yesterday for last night’s Morgan Stanley Private Equity deal but the market wasn’t so impressed, writes Stephen Mayne.