Eli Greenblat

Eli Greenblat

Eli Greenblat is a business reporter covering the retail and beverage sectors.

O'Hoy joins ASG board

Eli Greenblat IT services provider ASG Group announced this morning it had appointed former Foster's Group boss Trevor O'Hoy as a non-executive director on the ASG Board.

Pharmaxis in deal to support launch of cystic fibrosis drug

Eli Greenblat Biotech company Pharmaxis has finalised a strategic marketing and sales service agreement for the commercialisation of its cystic fibrosis drug, Bronchitol, for use in Europe.

Myer boss on defensive after setting cat among pigeons

Eli Greenblat THE chief executive of Myer, Bernie Brookes, was in damage control yesterday after a speech given in Perth suggested that he preferred running a private company to a public one and said communicating...

Upbeat Harvey Norman to resume opening stores

Eli Greenblat THE bedding and whitegoods retailer Harvey Norman will resume opening stores in country regions as well as adding one to its portfolio in Slovenia, as the Australian economy is buttressed by full...

'Like herding cats' - Myer chief's private yearnings

Myer

Eli Greenblat Myer chief executive Bernie Brookes says public listing takes up management time that could better be spent in stores.

Ramsay to go hospital shopping in France

Eli Greenblat RAMSAY HEALTH CARE has up to $600 million to spend on expanding its portfolio of hospitals in France as it fuses together a global hospitals business anchored by its large network in Australia and...

Woolworths toasts takings of $1b a week

Eli Greenblat WOOLWORTHS has powered through the global financial crisis to rack up its 11th consecutive year of profit growth, underscoring its balance sheet strength by treating investors to a $700 million share...

Sonic lowers guidance and looks overseas

Eli Greenblat A DELAYED rebound in the Australian pathology market following deep government funding cuts has forced Sonic Healthcare to lower the bottom end of its earnings guidance for 2011 and look increasingly...

Wine glut, flat beer leave Foster's in the doldrums

Eli Greenblat FOSTER'S has unveiled its first full-year loss since it emerged from the chaotic ashes of Elders IXL nearly two decades ago, and its once mighty brewing arm is feeling the pressure of competition...

Constellation to delist in Australia

Eli Greenblat US-based Constellation Brands, which owns Australia's largest wine business, Hardy Wine Co, has sought removal of its depository receipts from the ASX by November 17.

A bottler of a battle is brewing

Victoria Bitter beer

Eli Greenblat Foster's has just become $850 million more expensive for international brewer SABMiller, which London's Sunday Times has reported is considering a takeover bid.

Foster's shares spike as speculation mounts over an international suitor

Eli Greenblat FOSTER'S has just become $850 million more expensive for the international brewer SABMiller - or anyone else interested - if London's Sunday Times is correct in reporting that the British beer...

Potash turns to others to see off BHP

potash_biz_thumb

Eli Greenblat and Barry FitzGerald BHP Billiton’s $US40 billion ($45 billion) bid for Canada’s Potash Corp has come under fresh attack from the target and faces the prospect of being gazumped by Chinese interests.

Sauvignon blanc overdose leaves Westpac with $17m hangover

Eli Greenblat WESTPAC stands to lose up to $NZ22 million ($17.38 million) from the collapse of a New Zealand winegrower with other Australian banks believed to be significantly exposed to the struggling wine...

Nixon gains $80,000 from brief tenure at Foster's

Eli Greenblat and Geoff Strong THE former Victorian chief police commissioner, Christine Nixon, will pocket more than $80,000 from her brief five-month stint as a director with the beverages group Foster's as she makes way for...

Billabong dives as retail gloom hits profit, dividend

Eli Greenblat SHARES in the youth culture apparel and surfwear group Billabong dived 13 per cent yesterday after the company reported sliding profits for the just completed financial year.

Eli Greenblat

No cheers as Nixon departs Foster's

Eli Greenblat It was a long shot that Christine Nixon would have remained a director of the demerged wine or beer business next year.

Nixon stands down from Foster's board

Christine Nixon

Eli Greenblat Former Victoria police chief Christine Nixon has announced plans to step down from the board of Foster's.

Healthscope exits public stage with a flurry

Eli Greenblat HEALTHSCOPE'S chief executive, Bruce Dixon, said the company's new owners, the private equity duo of the Carlyle Group and TPG Capital, were likely to expand hospital and pathology operations before...

Wesfarmers turns in a mixed bag of results

Eli Greenblat WESFARMERS' disparate collection of businesses, taking in supermarkets, insurance, chemicals, hardware, office supplies and coal, squeezed out a 3 per cent rise in full-year profit as all the hard...