Adele Ferguson

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

Adele Ferguson

Dinosaur DJs offers predators food for thought

David Jones and Myer.

Adele Ferguson The battle to whet the appetite of would-be predators began in earnest when David Jones put a $612m value on its four flagship buildings in Sydney and Melbourne.

Comments 142

Adele Ferguson

More transparency needed for exec pay reports

Marius Kloppers

Adele Ferguson The massive $169 million options payout that the boss of struggling iron ore miner Aquila Resources bagged in the past year has opened a can of worms in terms of remuneration reports and the lack of...

Comments 4

Adele Ferguson

Now, mining services in the frame

Adele Ferguson dinkus.

Adele Ferguson The spotlight has swung firmly onto mining services companies after Macmahon Holdings requested a trading halt.

Adele Ferguson

Outlook darkens for mining services companies

Mining

Adele Ferguson The spotlight is about to be swung onto mining services companies after Macmahon Holdings today requested a trading halt in preparation for a downgrade on the bullish profit guidance that it issued...

Comments 15

Adele Ferguson

Miner has to come clean with shareholders

Adele Ferguson dinkus.

Adele Ferguson Fortescue Metals Group has a lot of explaining to do to its shareholders and the regulators.

Comments 1

Adele Ferguson

Myer's doubts about 2013 on full display

Myer is cutting 100 staff in what the are describing as the worst retail conditions in 25 years.

Adele Ferguson The decision by Myer boss Bernie Brookes to refuse to offer investors any sales, costs or earnings guidance for 2013 is a sign of the fragility of consumer confidence in Australian retail, and most...

Rinehart legal battle to heat up

Gina Rinehart

Adele Ferguson The legal battle between Gina Rinehart and her children is set to heat up after the NSW Supreme Court hears that a private ruling from the Tax Office contradicts Mrs Rinehart's advice that her...

Adele Ferguson

Move to ramp up finance regulator's power

Adele Ferguson The government is proposing to muscle up APRA's powers and reduce red tape.

Adele Ferguson

Fortescue fall fuels the rumour mill

A reclaimer operates at Fortescue Herb Elliott Port in Port Hedland, Western Australia.

Adele Ferguson After a few days of big share gains that followed a routing earlier last week, Fortescue Metals Group is falling again as speculation mounts that it will have to raise equity to shore up its balance...

Adele Ferguson

A billion reasons to do a deal

Gina Rinehart

Adele Ferguson Infrastructure shared between Andrew Forrest and Gina Rinehart's companies would bring big savings.

Adele Ferguson

Miners' woes may prompt consolidation rush

Iron ore in WA.

Adele Ferguson Falling commodity prices may spur cooperation among miners - but a surge in M&A activitiy is just as likely.

Comments 6

Adele Ferguson

Tax Office leads surplus cash drive

Adele Ferguson dinkus.

Adele Ferguson The ATO is shifting from legal battles to alternative dispute resolution and private settlements.

Adele Ferguson

Secret bidder: rainmaker, or raining on their parade

Adele Ferguson Before the Billabong boss unveiled her plans, she is believed to have flown to Hong Kong to meet the head of Bain Capital.

Adele Ferguson

Mitt Romney's ex-firm likely Billabong suitor

surf

Adele Ferguson Bain Capital is speculated to be the anonymous second bidder for struggling surfwear company Billabong.

Adele Ferguson

Falling ore prices create havoc for mining services

Adele Ferguson dinkus.

Adele Ferguson The slight fall in the overall sharemarket masks a bloodbath in the mining services sector.

Adele Ferguson

Boom is history as mining contracts

The Australian dollar takes a pounding in trading.

Adele Ferguson Lower-than-expected quarterly GDP growth figures reveal the mining industry actually contracted.

Comments 73

Adele Ferguson

Fortescue's 'go slow' adds to warning signals

Adele Ferguson dinkus.

Adele Ferguson Fortescue's decision to pull in its belt is further evidence that the boom is over and will add to pressure on smaller miners to outline their 'plan B'.

Comments 6

Adele Ferguson

Big stores head short list

JB HI-FI.

Adele Ferguson Short-selling is part of the financial system so regulators need to be on high alert.

Adele Ferguson

Bad news travels fast, even if it's not that bad

Adele Ferguson dinkus.

Adele Ferguson Boart Longyear head Craig Kipp might be puzzled by the market's savage reaction.

Adele Ferguson

Boom fears hit Boart Longyear hard

boart

Adele Ferguson Boart Longyear boss Craig Kipp will be scratching his head today that a cautious outlook statement and a downgrade in its revenue and earnings outlook would translate into a violent 34 per cent fall...