TSE

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.

There are 12 companies that will hold their general meeting on October 19, 2011.

EGM/AGM: TMX, GRM, WEB, LGD, CSL, ICS, CDA, CCU, TSE, DTM, MKB, CIN

Upcoming dividends and EGM s almost tie for tomorrow September 15, 2011 - 6 stocks will go on ex-dividend and 5 companies will hold their meeting.

Dividends

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.''

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Learn the Stock Market Losers on the ASX 200 for the week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (11th week: 14th March to 18th March 2011). Other lists of ASX companies by Market capitalisation.