Latest news (24,652 items)

Operating loss worsens in December half

ERG recorded a loss in the half year to December 2002 of $124.5 million, compared with a loss in the prior half year of $199.4 million. In both periods, write downs of intangibles accounts for most of the loss. read more

Two more contracts on the horizon

ERG's managing director, Peter Fogarty, is nothing if not optimistic. He told Dow Jones yesterday that he expected ERG would win two sizable contracts before the end of June, helping remove doubts about the company's financial strength read more

Rome reality check

City ticketing contracts may be ERG's core business, but the revenues take time to build and the contracts may never make money. read more

SFE profits despite the gloom

After another six months jumping at the shadows of the supposed disappearance of the Commonwealth Government bond market, the Sydney Futures Exchange nevertheless posted an improved profit in the half year to December. read more

Bond market, SFE survive flawed debate

Having contributed to the tenuous parameters of last year's debate over the future of the bond market (by fuelling the twin notions that first, Telstra would soon be fully privatised and second, that budget deficits would never recur), SFE chief Robert Elstone faces reality in the annual report. read more

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