BlueScope in focus as selling pressure eases

Matthew Kidman BlueScope Steel has one of the strangest-looking charts I can recall. After a sickening decline from more than $8 a share in early 2008 to 39.

Evolutionary investing: The Darwin approach

Nathan Bell Focus on mistaken purchases rather than the stocks that you didn’t buy.

Preparing for weaker dollar a prudent course

Matthew Kidman People have made fortunes from betting on the future direction of the Australian dollar.

Jobs to go as OneSteel shuts factory

Leonie Lamont IN YET another blow to the embattled heavy industry of Wollongong, OneSteel will shed nearly 60 jobs following its decision to close its oil and gas pipe manufacturing business at Kembla Grange.

Downturn on the rise in a state of fear

Ruth Williams, Tim Colebatch, Craig Butt and Mark Hawthorne Victoria's economy rode out the global financial crisis reasonably unscathed, but the inevitable bumps in the road have begun to take their toll.

Rio tipped to float diamond business

Rio Tinto may replicate its aluminium divestment plans by breaking off and floating its diamond business, while retaining some sweet spots, analysts speculate.

Economic chasm widens

Peter Martin A sharp geographic divide has opened up, with the latest Bureau of Statistics report showing sales growth five times as fast in Australia's north-west as in the south-east.

Politics helps pull market down

Gareth Hutchens Political turmoil in Canberra and dividend payouts from some of the sharemarket's biggest players triggered a fall in the local bourse yesterday, with losses in every industry sector except utilities.

Australian business calendar: February 20-24

Business and finance calendar for February 20-24.

BlueScope predicts loss will narrow

Leonie Lamont BlueScope Steel posts a net loss before one-off charges in line with forecasts as demand weakened, but the company said the second-half loss should be smaller.

BlueScope $530m loss hits shares

Leonie Lamont A $530 million loss has propelled the share price of BlueScope Steel to a record low.

Australian business press digest: 21 February

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.

BlueScope's year could have been much worse

Insider After a long year, it might be time to take a closer look at the merits of some battered stocks.

Bluescope in trading halt as retail take-up falls short

Shares in Bluescope Steel are in a trading halt as it seeks to sell shares not taken up in a recent capital raising.

Deals, euro news encourage buyers back

Gareth Hutchens The sharemarket rallied after a string of deals, led by Whitehaven Coal and Aston Resources.

Wesfarmers to cut value of Coregas arm

Sean Smith Wesfarmers is poised to dramatically slash the value of its Coregas industrial gas arm.

BlueScope's equity issue sets clock ticking just as tide turns for steel

Adele Ferguson On Wednesday, BlueScope Steel's 175,000 retail investors will throw the dice and take a punt on the future of the company by deciding whether or not to back a fully underwritten $600 million equity...

Gina going great guns with gongs

CBD Iron ore magnate Gina Rinehart was keen to hammer home her credentials in her stump speech as candidate for election to the Ten Network Holdings board on Friday.

Headlines you may see in 2012

Marcus Padley Will the headlines be as bad in 2012? Here are some you may see in the business world next year.

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