no-confidence vote
After the loss of 1000 jobs, unions are now seeking a no-confidence vote against Qantas (ASX:QAN) chief executive Alan Joyce, which sent the airlines' shares plummeting yesterday.
A lull in the negativity came when the competition regulator gave the green light for a Qantas-American Airlines alliance, but this did not last long as shares dropped a record low of 3 cents to $1.42.
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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)
