value
Fairfax (ASX:FXJ) is zeroing in on its journalism content to woo advertisers and provide value for shareholders, said chief executive Greg Hywood after shares dropped one dollar last week.
The media giant is on to a potential sale of its assets, with radio stations 2UE, 3AW and others to be put up for sale first. The Sydney Morning Herald, The Age and online papers remain off limits, however, said Hywood. Macquarie Radio Network Ltd has already indicated an interest to bid.
DuluxGroup (ASX:DLX), a paint , adhesive and garden care products supplier, debut on the Australian stock exchange yesterday, opening trading at $2.50 and closing the day at $2.54. DuluxGroup was demerged from Orica last week, whose stock price opened at $23.64. $23.64+$2.50 = $26.14: 46 cents above Orica’s final closing price of $25.68, when both companies were still tied together.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
