MACKAY businessman Keith Price is back on board with McAleese. Mr Price, the former owner of McAleese and the second richest man in Queensland in 2013 due to his share in the company before it was listed on the Australian Securities Exchange, was reappointed to the board on Friday. It has been reported in the…
Click to enlarge In the first half of 2016 Weatherford (NYSE:WFT) raised so much capital it made my head spin. In March the company raised $630 million in equity; months later it raised $2.7 billion in debt. The $3.3 billion in fresh capital shored up Weatherford’s balance sheet, pushed back near term principal payments, and…
That’s it for Markets Live today. Thanks for reading and your comments. See you all again tomorrow morning from 9. An afternoon recovery led by the big banks faded into the close, leading to another indifferent day on the ASX as investors ponder the next step for financial markets, although shareholders in energy stocks had…
MACKAY businessman Keith Price is back on board with McAleese. Mr Price, the former owner of McAleese and the second richest man in Queensland in 2013 due to his share in the company before it was listed on the Australian Securities Exchange, was reappointed to the board on Friday. It has been reported in the…
Shares in Salmat surged after the troubled marketing services group gave an upbeat report on sales. A short time ago, the shares were up 18% to $0.55. The company, which started life in the 1970s as a catalogue distribution business, also says restructuring is now largely complete and will not form part of ongoing expenses.…