Transurban Group

Australia's largest toll road company, Transurban (ASX:TCL), has reported revenue growth with 11.7 percent increase to $219.3 million from the previous period, a 15.8 percent proportional toll revenue increase.

Australian toll road operator Transurban (ASX:TCL), have reported a net profit of $59.4 million for the financial year. An improvement on a loss of $24.6 million from the previous year.

Transurban Dividends

Nufarm (NUF), a company that focuses in the production and distribution of agricultural chemicals to farmers was the worst performer of the ASX100 list for the week. The company lost 7.6 percent or 55 cents to its stock price and was closed for the week at $6.63.

Transurban Group (TCL), a company that owns, develops and operates intelligent transport system and runs electronic toll roads in Australia and United States is facing a potential sell-down of as much as 40 percent of its securities after the company turned down two takeover bids. Both the offers worth more than $7 billion and came from a consortium of the key shareholders of the company.

Transurban Group (TCL), a company that owns, develops and operates intelligent transport systems and electronic toll roads with operations in Australia and the United States had the best performing shares of the 6th week in ASX100 with a gain of 21.7 percent or 99 cents to its stock price closing the week at $5.55.

Transurban Group (TCL), the company that operates toll roads in Australia and United States has declined a $6.7 billion takeover bid offered by two Canadian pension funds. However, the group has kept its door open for a better deal. According to some experts, the takeover bid could hit $7.5 billion mark. The two Canadian pension funds are currently looking forward to restart talks with the toll road giant regarding the takeover.

Perilya (PEM) was the overall best performing stock taking in a 20.96 percent increase. It was a mixture of toll road development, infrastructure services, steel manufacturing, and mining companies who were among the best performing stocks for the week 28 of 2008 of the Australian sharemarket: Transurban Group (TCL), Babcock & Brown Infrastructure (BBI), BlueScope Steel (BSL), Perilya (PEM), Macarthur Coal (MCC). These best performing stocks managed gains above 10.04 percent by the end of the trading week.

St. Barbara was the overall worst performing stock taking in a 31.25 percent decrease. Among the worst performing stocks for the week 23 of 2008 of the Australian sharemarket were a mixture of education services, toll road development and management, aviation, metal and mining, property funds management: Transurban Group (TCL), ABC Learning (ABS), Macquarie Airports (MAP), St. Barbara (SBM), APN/UKA European Retail Property (AEZ). These worst performing stocks for week 25 of 2008 recorded losses above 15.38 percent by the end of the trading week.