Babcock and Brown


Transurban triggers debt-laden infrastructure fund wipe-out

The chairman of Transurban and ABC Learning, accountant David Ryan, is under severe pressure today after shares in the tollroad giant initially plunged by more than 20%, writes Stephen Mayne.

Transurban shows Babcock how it’s done

In these troubled times it is all about who has got the debt and where the cash flows, writes Stephen Mayne.

Can clean energy deliver Babcock a true wind fall?

Babcock & Brown Winsdis the jewel in the Babcock crown and a great Australian success story that is now being partially offloaded, writes Stephen Mayne.

Briefly Business: Green deposed, trading Ten, wind farms for sale

Falling off the Rich List … Fears of irregular trading in Ten … NSW the home of bad borrowers … Allco looking to offload wind assets … Likewise Babcock.

Babcock & Brown bites back

Dear Stephen, about that so-called “impending Babcock & Brown collapse”…

Can Babcock pull off a PR counter-offensive?

Engaging with media commentators is one thing, convincing market analysts is another writes Stephen Mayne.

Without their reputation, Babcock & Brown are stuffed

Banks can talk all they like about assets and liquidity, but their share prices are almost 100% reputation, writes Glenn Dyer.

B&B Wind directors buffeted by the storm

How bemusing that Phil Green’s Babcock and Brown has suddenly found the idea of independent chairmen such a good idea, writes Michael Pascoe.

Babcock and Brown Power blacks out

Could Babcock and Brown Power be the second of its investment offshoots to be “rescued” or bailed out? Glenn Dyer writes.

Briefly Business: Babcock and Brown, Destra, Opes Prime

Babcock and Brown’s broadband bow out. The investment bank, Babcock and Brown, has ruled itself out of bidding for the Federal Government’s broadband network, a move said to be a “blow” to Canberra. It’s not hard to work out why Babcock isn’t interested: it’s in Australia, not in Britain or Europe where it can quite […]

A 211-page report? What does Babcock & Brown have to hide?

It’s often a fair assumption that the longer the Annual Report, the more the company wants to hide the nasty stuff, writes Adam Schwab.

Tips and rumours

They’re not a happy bunch at Fairfax’s Bendigo Advertiser. Recently, the MEAA announced it had discovered reporters had not been paid penalty rates for evening and weekend shifts for the past few years. General Manager Peter Dehnert’s response: “We must have overlooked it”. But it’s not just non-editorial management… recently appointed editor Peter Kennedy (three-time […]

Babcock’s desperate $220m share placement

There is an awful lot of aggressive spinning going on as debt-laden companies battle the new reality of the global credit crunch, writes Stephen Mayne.

Your Say: Daily Mail readers' feedback: Comments, corrections, clarifications, and c*ckups

Babcock & Brown … Mark Latham … China, Tibet and the Olympics … the hermaphrodic Nats/Libs merger … Iraq … NSW Cabinet …

Babcock bounces as Bear Stearns extracts more value

There was a strong recovery amongst Australian financial stocks this morning, none bigger than Babcock & Brown which rocketed $1.12 or 8.8% to $13.86, reports Stephen Mayne.

Phil Green’s confidence struggle at Babcock

Babcock & Brown briefly looked over the cliff this morning as its shares plunged another $1.06 or 7.6% to touch a low of $12.90 in early trading, writes Stephen Mayne.

Bell Financial does a Lachlan Murdoch to Tricom

On top of everything else weighing down the markets, Bell Financial Group has this morning pulled out of the Tricom rescue, writes Stephen Mayne.

Babcock and Brown spin as they sell, sell, sell

Hats off to the Babcock and Brown spinners for being able to paint a sale-of-assets-to-reduce-debt as a sale-of-assets-to-show-our-valuations-aren’t-dodgy

Babcock and Brown’s magic real estate revaluations

Babcock and Brown’s profit bottom line looks good, but $100 million came from the simple business of revaluing property upwards. An amazing achievement in the present climate, writes Michael Pascoe.

ASX takes another flogging as world markets plunge

The US market was closed overnight and in the absence of a lead from the world’s biggest market, traders took the easy option of selling rather than taking a chance and holding on to stock, writes Glenn Dyer.

Babcock teaches MacBank how to gouge

How fortunate for Babcock and Brown Infrastructure that Telstra also had its AGM yesterday – the kerfuffle over Sol’s wage nicely overshadowed a BBI remuneration report that made Telstra’s look parsimonious, writes Michael Pascoe.

Credit crunch hits Perpetual as Gunns pressure grows

At yesterday’s AGM, Perpetual Trustees revealed it hasn’t escaped the credit crunch unscathed, even as protestors turned up the heat over the group’s Gunns shareholding. Glenn Dyer and Stephen Mayne report.

Allco Finance Group…not quite all the news

A fair whack of the past fortnight’s financial market panic can be sourced to BNP Paribas. The problem wasn’t so much that this major French bank had several hundred million dollars at risk in the US sub-prime crisis, but that it took a week to fess up to it after previously assuring the market it had “absolutely negligible.” exposure.

Of Glenn Milne, biffo and Babette

The News Ltd organisation was reeling today from revelations that ace reporter Glenn Milne had visited a ‘biff club’ in the company of other journalists while drunk, writes Guy Rundle.