Queensland landholders claim secrecy over experimental coal gasification plant

Queensland landholders claim secrecy over experimental coal gasification plant

ABC Landholders on Queensland's Darling Downs say they are being kept in the dark about the nature of serious environmental harm allegedly caused by an experimental coal gasification plant. Last week the Queensland Government filed four criminal charges of irreversible or "high impact" harm relating to the plant against resources company Linc Energy. Linc Energy faces four charges of "wilfully a…

Australian Markets

  • Moelis & Co. prices initial public offering at $25 Associated Press - 5 hours ago

    Moelis & Co. priced its initial public offering at $25 per share, which was below expectations. The New York investment bank plans to offer 6.5 million shares to raise $162.5 million. Underwriters have ...

  • Statoil's share saving plan allocates shares GlobeNewswire - 6 hours ago

    STAVANGER, Norway -- The shares purchased by DNB on behalf of Statoil ASA (OSE:STL, NYSE:STO) on 15 April 2014 for use in the group's share saving plan have on 16 April 2014 been distributed to the employees ...

  • Aussie shares close higher AAP - 9 hours ago

    The Australian share market closed higher on Thursday, with positive manufacturing data out of the US overnight and China during the day promoting positive investor sentiment.

  • Alibaba steals Yahoo's thunder ahead of IPO AFP - 10 hours ago
    Alibaba steals Yahoo's thunder ahead of IPO

    If Yahoo appears back in favor, it can thank Alibaba, the Chinese Web giant in which it holds a big stake and which is set for a public stock offering. Yahoo shares soared 7.3 percent to $36.71 at the opening Wednesday on the heels of a better-than-expected quarterly report, but some were more focused on the Alibaba financial results buried in the document. "The salient point of Yahoo's first quarter results was the very strong December quarter results from Alibaba," said Jordan Rohan, analyst at the brokerage Stifel. "Alibaba's results paint a favorable picture for a favorable IPO despite the recent period of weakness in the Internet sector."

  • Is hot market for IPOs cooling? AAP - 14 hours ago

    Car financing company Ally Financial and hotel operator La Quinta Holdings had lukewarm receptions for their recent IPOs. La Quinta priced its shares at $US17 each, lower than its expected range of $US18 to $US21, which suggested less demand. Ally, the largest IPO this year, priced its shares at $US25 each, the bottom of its expected range of $US25 to $US28. Some companies delayed their IPOs last week as the stock market turned bumpy.

  • Coca-Cola and MasterCard are big market movers Associated Press - 19 hours ago

    Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE The Coca-Cola Co., up $1.45 to $40.18 The first global sales volume decline for ...

  • Tuesday's Top Upgrades (and Downgrades) Motley Fool - 20 hours ago

    Analysts shift stance on Pier 1, New York & Co., and PetSmart.

  • 29 Nasdaq names now in bear market territory CNBC - 23 hours ago
    29 Nasdaq names now in bear market territory

    As the Nasdaq nears the -10% correction level, a number of major Nasdaq-100 stocks are down even farther-bear market territory, or a loss of 20%.

  • IPOs get stepchild treatment as letdowns mount CNBC - Wed, Apr 16, 2014 12:01 AM AEST
    IPOs get stepchild treatment as letdowns mount

    The formerly hot IPO market is repricing, in what is starting to become a regular occurrence: delayed offerings and flotations below the price talk.

  • Stocks to watch at close on Tuesday AAP - Tue, Apr 15, 2014 4:19 PM AEST

    Mining giant BHP Billiton has been given until 2016 to go ahead with the expansion at the Olympic Dam mine in South Australia.


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