Steven A. Cohen’s hedge fund SAC Capital Advisors told investors it will no longer cooperate unconditionally with the US government’s insider trading investigation.
Archive for the ‘Super News’ Category
Call for Rio Tinto to scrap aluminium business
May 19th, 2013
ResourcesDaily Rio Tinto should consider spinning off its entire aluminium business rather than just Pacific Aluminium to help add value for shareholders, Citi analyst Clarke Wilkins says. He said aluminium remained a low-margin business and a drag on Rio.
Macdonald protests innocence, slams inquiry
May 19th, 2013
ResourcesDaily Former NSW mining minister claims ICAC investigations into the granting of coal licences were politically motivated.
Super funds lash Abbott ‘betrayal’
May 19th, 2013
National The superannuation industry claims it has been betrayed by Opposition Leader
Labor fights on but no KO over industrial relations
May 19th, 2013
National The so-called “great debate” between Workplace Relations Minister Bill Shorten and his opposition counterpart, Eric Abetz, was mostly a few short jabs with some shadow boxing thrown in.
Red diamond catches the eye at Rio Tinto tender
May 19th, 2013
ResourcesDaily Star of the show at this year’s Rio Tinto’s tender of top quality coloured diamonds was a rare 1.56 carat red diamond named the “Argyle Phoenix”.
RBA questions viability of car industry
May 19th, 2013
National Government support is propping up Toyota, Ford and General Motors (Holden) as production falls.
About-turn on benefits of a low-salt diet
May 19th, 2013
National The US Institute of Medicine has caused a furore by saying there is little evidence that a reduced salt intake will benefit your health.
Carr cancels captured PNG fugitive’s 457 visa
May 19th, 2013
National Foreign Minister Bob Carr used his special powers to cancel a 457 visa issued by the federal government to an alleged crime boss wanted in Papua New Guinea over the theft of $30million.
WA set for windfall, despite iron ore price falls
May 19th, 2013
Economy The Western Australian government is poised to benefit from hundreds of millions of dollars in an unexpected windfall as the falling Australian dollar boosts the value of its mineral royalty take.






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