Incredible though it may seem in view of the current financial crisis affecting European community members, Transurban is off this week to a European Debt Investor road show, writes Dr John L Goldberg. They’re taking misleading advice.
Transurban
Shareholders take a swing at Transurban, Billabong
Under-performing CEOs can be safe in the knowledge, it seems, that shareholder returns will remain very much a secondary consideration when it comes to executive pay.
Business As Usual: Transurban finds itself in the cross-hairs
Things have gone from bad to worse for Transurban chairman David Ryan, with its shares tanking and news that ABC may have been trading while insolvent.
Business As Usual: Inpex LNG project on hold … Greece shrinks as Europe grows … Transurban upsets Canadians …
The Greek economy shrunk (surprise, surprise) while the rest of Europe grew, the deficit in the US continues to escalate, Transurban upsets the Canadians and other business bits from around the globe.
Business As Usual: In the US, one in eight on food stamps … Chinese keen to buy up, pay super taxes …
Almost 40 million Americans are on food stamps, Asciano whips out some house cleaning, No tax cuts in Germany, just spending cuts, China still tops of the export pops and other business news of the day.
Business As Usual: China trade figures still strong … rate rises on hold as Euro relief kicks in …
China’s hot property, plus the relief rally to beat all relief rallies, the Europe rescue in place, all rate rises have been put on hold and other business news of the day from around the globe.
Companies going for gold by massaging the message
Australian companies again are at it with carefully constructed slants on their results — this morning, AMP and Qantas posted new takes on the corporate slither.
A look behind the detour of Transurban
Transurban is destined to join the worldwide queue of over-valued toll roads mired in debt and based on misleading financial models, writes John Goldberg.
Shareholders strike again at Transurban execs
Australian shareholders are revolting as company directors (and their hired help) design long-term incentive packages that continue to unjustly enrich executives.
Mayne: Investors unite for a CEO pay revolt
Stephen Mayne displays some shareholder activist at the Transurban AGM in Melbourne today, where the remuneration report was defeated by a whopping 69% of voters.
Morning Market Report: A quiet day, market up 14
A quiet day to finish off the week.
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.
