Chanticleer

  • Chanticleer: Privateers circle troubled Centro

    The latest Securities and Exchange Commission filing by the US-based Centro NP entity indicates the extent of stress on the group as it restructures to provide its bankers with more comfort at the same time as a slowing US economy is eating into revenue.

  • Chanticleer: Origin plays it close to the chest

    Kevin McCann and Grant King don't fit the stereotype of gambling high rollers but they're engaged in a pretty high-stakes game of Texas hold 'em

  • Chanticleer: BHP flexes its financial muscles

    The unveiling of BHP Billiton's strong $US15.4 billion ($17.8 billion) 2008 profit (its seventh successive record) was a carefully choreographed and brilliantly executed production full of superlatives, growth options and a tantalising 52 per cent lift in final dividend that took the annual dividend rise to 49 per cent and lifted the payout ratio from 20 per cent to 25 per cent.

  • Chanticleer: Banks will come to the party . . . reluctantly

    The challenge facing Commonwealth Bank of Australia chief executive Ralph Norris when presenting CBA's annual results last Wednesday was to deliver something that satisfied his investors without alienating any of his diverse group of customers

  • Chanticleer: Leighton fast-tracks to success

    The bumper result from Leighton Holdings and the ebullient prognostication from its chief executive, Wal King, represent the other side of the infrastructure story from the financially engineered special-purpose investment vehicles.

  • Chanticleer: Trujillo's brave new world nears

    Sol Trujillo must have spent a lot of time as a young lad watching The Jetsons - an animated prime-time television show set in a future where everything is wired and available instantly at the push of a button - because the world inhabited by the Jetsons is eerily like the one Trujillo envisages for Telstra Corporation

  • Chanticleer: St George unveils a neat dowry

    Paul Fegan is a happy dragon

  • Chanticleer: Noise abatement clears the air

    Stephen Gerlach's determination to take control of the agenda at Futuris Corporation and expedite the company's restructuring is very evident in the "noise abatement" notice put out by the company yesterday

  • Chanticleer: Kelly cashes in on rivals' uncertainty

    Like a mambo sticking pins into a voodoo doll, Westpac Banking Corporation chief executive Gail Kelly took advantage of the uncertainty created by declining economic activity and the recent increases in loan loss provisions by some of her competitors to depart from normal Westpac practice and provide profit guidance.

  • Chanticleer: Tabcorp trims to fighting weight

    Tabcorp Holdings chief executive Elmer Funke Kupper has put the casino and wagering giant through a crash fitness course to create a leaner and fitter entity, albeit one still facing some daunting challenges

  • Chanticleer: Bouncy Murdoch badgers bears

    Not even communications difficulties that temporarily delayed his participation from Beijing in a multinational conference call with analysts and investors could curb Rupert Murdoch's natural optimism.

  • Chanticleer: Axa brings a smidgen of relief

    Given the turbulent times we are living in, it was important for Axa Asia Pacific Holdings, as one of the first S&P/ASX 200 companies to report for the June 2008 half-year, to get the ball rolling with a pleasant investor experience - and it did.

  • Chanticleer: Early days, but game on for Asciano

    Confirmation yesterday that Asciano has been targeted by a private equity buy-out consortium is possibly even less of a surprise than news last week that Geoff Dixon will be retiring from Qantas Airways later this year

  • Chanticleer: Clouds gathering over insurance sector

    Suncorp boss John Mulcahy joined his counterparts from National Australia Bank and Australia and New Zealand Banking Group in the banking confessional booth on Friday

  • Chanticleer: Toll-road punters go into reverse

    Holy sheet, Batman! Investors who stumped up $1 for stapled units in the BrisConnections Unit Trusts just a couple of weeks ago dumped them unceremoniously when they made their debut on the Australian Stock Exchange yesterday

  • Chanticleer: Odds running against Aristocrat

    Many in the markets are experiencing a bitter sense of deja vu in the latest profit downgrade from Aristocrat Leisure, coming one day after chairman David Simpson said chief executive Paul Oneile wouldn't be staying on after his contract expired on December 31

  • Chanticleer: A road to an uncertain destiny

    The listing tomorrow of the BrisConnections Unit Trusts is a big deal

  • Chanticleer: A road to an uncertain destiny

    The listing tomorrow of the BrisConnections Unit Trusts is a big deal

  • Chanticleer: All on board banks' roller-coaster

    Australia and New Zealand Banking Group's Mike Smith may be sharing the hot seat at the front of the bear market big dipper with National Australia Bank's John Stewart, but their bank chief executive peers have all got their own seats on the roller-coaster.

  • Chanticleer: Lane Cove may tunnel its way out of trouble

    Sydney's troubled Lane Cove Tunnel tollway may be about to receive some good news

  • Chanticleer: The pick of the short sellers

    Nicholas Moore's hosing down of profit expectations for Macquarie Group this year, while neither unexpected nor inconsistent with previous comments, certainly won't help the company move away from the top of the list of Australian companies most favoured by short sellers

  • Chanticleer: Muscle-flexing banks get in trim

    Banks are back in centre stage

  • Chanticleer: Beer business gets more froth

    Buying someone else's hand-me-downs sounds so gauche, even when economic conditions call for some belt-tightening

  • Chanticleer: Foster's sets agenda for change

    There are a couple of messages in the appointment of former Unilever and Cadbury Schweppes executive Ian Johnston as acting chief executive of Foster's Group.

  • Chanticleer: Carbon scheme sets finance pulses racing

    ASX boss Rob Elstone is one chief executive eagerly anticipating the proclamation of Penny Wong's bill to set up a carbon pollution reduction scheme

RTC model

The US appears to be putting its houses - Fannie and Freddie - in order, writes Glenn Mumford.