Transfield Services
Transfield Services (TSE) extends services in the areas of operations, maintenance, and asset and project management. It caters services to major businesses in the resources and industrial, infrastructure services and property and facilities management fields. The Company listed on the Australian Stock Exchange on 3rd May, 2001. To date the Company employs over 29,000 people across Australia, New Zealand, the United States, the United Arab Emirates, Qatar, New Caledonia, South East Asia, India, Chile and Canada. TSE is also included in the S&P/ASX 100.
Construction and maintenance company, Transfield (ASX:TSE) have announced its half year financial results for 2013 to its shareholders and investors on the Australian stockmarket.
- Transfield Services posted a $247 million Loss for the 6 months.
- Transfield chief executive Graeme Hunt said, " We are cutting parts that are not aligned with strategy or do not meet our margin, capital or growth criteria."
Construction and maintenance company Transfield (ASX:TSE) have announced writedowns ahead of its half year results next week.
- Transfield Services have announced an impairment of between $270 million and $285 million in relation to its asternwell Minerals exploration and marine geotechnical businesses, as well as its US downstream maintenance business, Timec.
Transfield (ASX:TSE) will sell its USM unit in the United States for $240.3 million. Chief Executive Peter Goode, said the deal "represents the latest step in our strategy to focus our Americas business on higher value services in the two key sectors of Resources and Infrastructure Services.''
Services contractor, Transfield (ASX:TSE) has secured $1.1 billion worth of work in the first quarter of 2010-11 fiscal year. $670 million was with existing clients.
Study the historical dividends for TRANSFIELD SERVICES LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive TSE dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the TSE dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.
Paladin Energy, (PDN), a company which is mainly involved in the acquisition and development of uranium projects in Australia and Africa had the best performing stocks of the week in ASX100 with a gain of 10.2 percent or 38 cents closing the week at $4.08.
Aristocrat Leisure (ALL), a gaming company that focuses on developing gaming machines, software systems and related equipments was the best performer of the week in ASX100 with a gain of 9.5 percent or 38 cents closing the week at $4.35 (market capitalisation: $2320.2 million).
Fairfax Media (FXJ), formerly known as the John Fairfax Holdings Ltd is the biggest and leading newspaper publishing group of Australia that focuses in information, entertainment and news publishing along with advertising sales in both print and electronic media was the best performer of the 37th week in ASX100 with a gain of 12.6 percent or 19 cents closing the week at $1.65.
Transfield Services (TSE), a company that offers services in maintenance, operations, assets and project management sector was the best performer of the 35th week in ASX100 with a gain of 23.3 percent or 75 cents closing the week at $3.96.
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