Fatal coal mine collapse: recovery operation hampered by age, depth of Hunter Valley mine

Fatal coal mine collapse: recovery operation hampered by age, depth of Hunter Valley mine

ABC The man tasked with retrieving the bodies of two mine workers in the New South Wales Hunter Valley says the depth of the coal mine poses some challenges. Philip Grant, 35, of Metford and Jamie Mitchell, 49, of Aberdare were killed by a wall collapse at the Austar mine at Paxton, south of Cessnock, on Tuesday night. The general manager of NSW Mines Rescue, Paul Healey, says recovering the men…

Australian Markets

  • CORRECTING and REPLACING -- Sonoco Board Increases Common Stock Dividend GlobeNewswire - 1 hour 37 minutes ago

    Please replace the release with the following corrected version due to a revision.

  • Moelis & Co. prices initial public offering at $25 Associated Press - 10 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 - 11 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 - 15 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 - 16 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 - 19 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 - Wed, Apr 16, 2014 7:01 AM AEST

    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 - Wed, Apr 16, 2014 5:40 AM AEST

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

  • 29 Nasdaq names now in bear market territory CNBC - Wed, Apr 16, 2014 2:12 AM AEST
    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.

 

Company Finances

  • CORRECTING and REPLACING -- Sonoco Board Increases Common Stock Dividend GlobeNewswire - 1 hour 37 minutes ago

    Please replace the release with the following corrected version due to a revision.

  • Sprouts Farmers Market Sets Date for First Quarter 2014 Earnings Release and Conference Call GlobeNewswire - 1 hour 52 minutes ago

    PHOENIX -- Sprouts Farmers Market, Inc. (the "Company") today announced it will issue financial results for the first quarter ended March 30, 2014 after the market closes on Wednesday, May 7, ...

  • Arkansas lottery commission approves monitor games Associated Press - 1 hour 54 minutes ago

    The Arkansas Lottery Commission on Wednesday voted to start the process of implementing monitor-style games in which players can watch drawings every four minutes. The proposal drew criticism Tuesday from ...

  • KFC to Bring Back the Infamous Double Down Entrepreneur - 3 hours ago

    Hot on the heels of the drumstick corsage, KFC is bringing back the super-hyped Double Down.

  • Research and Markets: Global Processed Poultry Meat & Poultry Meat Processing Equipment Market 2014- … Business Wire - 3 hours ago

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/jplcbh/processed_poultry ) has announced the addition of the "Global Processed Poultry Meat & Poultry Meat ...

  • Midday Glance: Restaurant companies Associated Press - 4 hours ago

    Shares of some top restaurant companies are mixed at 1 p.m.: Brinker International Inc. rose $.21 or .4 percent, to $51.31. Chipotle Mexican Grill Inc. rose $11.16 or 2.1 percent, to $551.70. Darden Restaurants ...

  • Midday Glance: Food companies Associated Press - 4 hours ago

    Shares of some top food companies are mixed at 1 p.m.: ConAgra Foods Inc. rose $.20 or .7 percent, to $31.07. General Mills Inc. rose $1.00 or 2.0 percent, to $52.25. Hormel Foods Corp. rose $.35 or .7 ...

  • Middday Glance: Tools and Appliances companies Associated Press - 4 hours ago

    Shares of some top tools and appliances companies are up at 1 p.m.: General Electric Co. rose $.18 or .7 percent, to $26.00. Snap-On rose $1.35 or 1.2 percent, to $111.88. Stanley Works rose $.58 or .7 ...

  • Midday Glance: Beverages companies Associated Press - 4 hours ago

    Shares of some top beverages companies are up at 1 p.m.: Anheuser-Busch Inbev ADR rose $.46 or .4 percent, to $108.69. Coca-Cola Co. rose $.17 or .4 percent, to $40.35. Dr Pepper Snapple rose $.58 or 1.1 ...

  • Midday Glance: Autos companies Associated Press - 4 hours ago

    Shares of some top autos companies are up at 1 p.m.: Ford Motor Co. rose $.15 or .9 percent, to $15.99. General Motors Co. rose $.33 or 1.0 percent, to $33.69. Honda Motor Co. rose $.49 or 1.4 percent, ...