Australian Ethical Investments executive director James Thier says the new world first Climate Advocacy Fund will initially focus on companies in the mining sector, writes Crikey intern Ben Hagemann
OZ Minerals
Mayne: Raking over the coals of OZ Minerals scandals
If Oz Minerals had followed the lead of many over-leveraged companies during the GFC and simply raised equity through a pro-rata rights issue, the company would today be worth more than $4 billion.
Morning Market Report: Market recovers due to a tea cup sandstorm
According to the United Arab Emirates’ central bank, the Dubai issue was “Sandstorm in a tea cup”.
CEOs: numbers up on when their number’s up
While Australian boards are to be lauded for acting quickly to remove poorly performing CEOs, those same boards are also wantonly handing out shareholder monies to failed executives who retire, rather than are terminated.
Morning Market Report: A quiet day on the markets
It was all quiet in our markets, down 5 points, with Macquarie posting weak results.
Morning Market Report: ANZ first-half result misses consensus
Analysts expected a $1.19bn profit from ANZ’s 1H results, but the bank only posted $954m, with the entire financial sector down 1.5%
Morning Market Report: Market up 84, Dow down 25
The SFE Futures suggested a 63 point rise in the market this morning. Our market is up following a 220 point rise on Wall St since we closed on Thursday.
Morning Market Report: OZ Minerals gets another chance
OZ Minerals have been granted another debt extension by their bankers this morning after China’s Minmetals re-jigged their US$2.6bn bid for the zinc-copper miner.
Morning Market Report: Dow Jones down 254
Marcus Padley reports on the highs and lows of today's markets.
Morning Market Report: OZ Minerals bid from China Minmetals blocked
Market Down 51, the Dow down 147 and BHP in the news. Marcus Padley reports on the highs and lows of today’s markets.
Record 52 companies join the $100m loss club
The 2008 interim profit season officially finished at close of business on Friday but quite a few late-comers are still dribbling out losses, writes Stephen Mayne.
Oz Minerals in new assets sell-off
The battle for control of the struggling OZ Minerals is about to heat up, writes Glenn Dyer.
Are margin calls the new black?
If an executive is subject to a ‘margin call’ from their lender, could the sale of shares trigger insider trading provisions, asks Adam Schwab?
Acquisitive Swiss eye OZ Minerals
The OZMinerals saga continues to throw up curveballs with Swiss mining giant Xstrata the latest suitor to throw its hat in the ring, writes Glenn Dyer.
Could the sun be setting on Oz Minerals?
Scores of investors are wondering what caused the sudden decline in fortunes at Oz Minerals, writes Adam Schwab.
Owen Hegarty’s $1 million margin call bonanza
For those who claim that corporate governance is an irrelevance, look no further than the sordid tale of Oz Minerals, writes Adam Schwab.
What is BHP hatching with Oz Minerals?
In the wake of BHP Billiton calling off its shotgun marriage to Rio Tinto, the Big Australian is looking at a deal with OZ Minerals, writes Glenn Dyer.
