Healthscope profit falls on slower growth in hospitals division
Healthscope said second half growth in its major earnings unit, Hospitals, will match that of the first half where operating EBITDA climbed 2.2 per cent in the first half of the year.
Carrie LaFrenz has more than 10 years experience as a business journalist having previously covered healthcare, retail/consumer goods, industrials and agribusiness. She is based in our Sydney newsroom.
Healthscope said second half growth in its major earnings unit, Hospitals, will match that of the first half where operating EBITDA climbed 2.2 per cent in the first half of the year.
Coca-Cola Amatil will buy back shares despite falling soft drink sales contributing to a 37.4 per cent fall in net profit.
The Adelaide bottling operations of Coca-Cola Amatil will shut after almost 70 years, with 180 workers impacted.
Brewing giant Lion wants to capitalise on China's growing middle class and its changing tastes from traditional cheap local lager to craft beer.
The Australian Shareholders Association will vote against Jan Cameron's motion to spill the Bellamy's board.
ASIC has forced Jan Cameron to file a substantial shareholder notice to clarify her Bellamy's holding.
Primary Health Care shares fell more than 11 per cent as it cut its full-year profit expectations and said its interim profit had dropped.
Dissident Bellamy's shareholder Jan Cameron has lashed the company's chairman Rob Woolley as she attempts to dump four directors.
Rob Woolley says the alternative directors put forward by Jan Cameron lack experience while she lacks a business plan as they battle for con...
The Bellamy's board must take some responsibility for the change of China strategy, rebel shareholder Jan Cameron says.
A buyer for Howard's Storage has been found, but 11 company-owned stores will close to ensure its survival.
Mental health is proving to be a big battleground as insurers standardise their policies as gold, silver and bronze.
The $2 billion company declined to comment on the CEO search but it is expected to take several months to find a replacement.
The proxy battle is heating up with Bellamy's making inquiries to shareholders ahead of a vote that will decide the fate of four directors.
Bellamy's has started its fightback, but it will be slow and potentially risky for would-be investors.
Laura McBain, the former CEO of Bellamy's Australia, has resigned as a director, cutting all ties with the organic baby food maker and dashi...
ResMed chief executive Mick Farrell says he would bring back several hundred million dollars in offshore earnings to the United States shoul...
Bellamy's Australia rebel shareholder Jan Cameron says she is not concerned about ASIC investigating her links to Black Prince.
In December Oroton warned sales were 8 per cent lower, in the year to date, compared to last year. Now the result is worse.
Good news for vegemite and cheese sandwich lovers. Bega Cheese has bought the iconic spread in Australia.
More
Enjoy unlimited access to Australia's best business news and market insights across desktop, tablet and mobile
Already a subscriber? Log in