restructure
Hundreds of jobs are predicted to be lost when BlueScope Steel (BSL) announces its financial results next week, according to the Australian Worker's Union (AWU).
BlueScope Steel posted a $900 million write-down of assets last week and is expected to report another $100 million loss on top of that next Monday. Analysts said the miner will probably stop its money-losing export business and cut back on production.
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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)
