ASX leaps; Beach Energy, gold miners gain
ASX ends higher as energy stocks and gold miners gain. Beach Energy up on profit beat, Crown jumps on Blackstone bid, Westpac leads bank rally and New Hope names new CEO.
Aurizon
Aurizon in $2.35bn One Rail deal
Aurizon will pay $2.35bn to acquire Macquarie Asset Management’s One Rail Australia haulage business.
Aurizon may float coal assets: Macquarie
Should Aurizon be successful in buying One Rail, a float of coal haulage assets could be on the agenda, say Macquarie analysts.
Aurizon in box seat for One Rail
The nation’s largest freight company, Aurizon, may have negotiated itself into an exclusive position to buy the $2bn One Rail Australia business.
GrainCorp on Aurizon’s timetable
The nation’s largest freight rail company, Aurizon, has had a busy year behind the scenes examining possible acquisition opportunities.
Could Qube merge with Aurizon?
Market participants are wondering whether plans are brewing for a $13bn-plus tie-up between logistics firms Qube and Aurizon.
Aurizon tracking growth options
Earnings from Aurizon’s non-coal bulk handling business lifted almost 25pc last financial year as the company looks to diversify beyond its coal haulage business.
‘Worst case scenario’: coal exports halve
Australian coal exports could halve in the next 20 years, rail haulage group Aurizon says.
Aurizon profit takes hit from China coal ban
RAIL giant Aurizon’s profit has taken a hit from China’s ban on Australian coal with the company forecasting the chilly relations could remain for an extended period.
China’s import restrictions hit coal: Aurizon
Analysts downplay any trouble brewing with China on coal, but wonder more about prices.
Exec pay under pressure
Pay levels at some of the nation’s biggest companies are falling as corporate earnings succumb to the pandemic.
Aurizon warns of coal freight slump
Aurizon lifted annual profit and will pursue a $300m share buyback, but expects a hefty fall in 2021 earnings.
Rail company posts profit boost
Queensland rail company Aurizon will reward investors by paying out a final dividend after reporting a profit boost for the 2020 financial year.
Original URL: https://www.theaustralian.com.au/topics/aurizon/page/3