Wal King

Bumi-Rothschild Showdown Set for February Investor Meeting

Bumi Plc, the coal producer that plunged 69 percent last year amid a dispute over control, set up a February showdown with co-founder Nathaniel Rothschild after the financier moved to take over the company.

Leighton Shortlists Stewart, Saxelby to Succeed CEO King, Australian Says

Leighton Holdings Ltd. directors shortlisted two internal candidates to succeed Chief Executive Officer Wal King, the Australian newspaper reported, citing unidentified people familiar with the matter. Frontrunners to make the list were Chief Operating Officer David Stewart and David Saxelby, managing director of the construction company’s Thiess unit, according to the report.

Leighton's David Stewart to Succeed Wal King as Chief Executive in January

Leighton Holdings Ltd. , Australia’s biggest construction company, said David Stewart will succeed Wal King , 66, as chief executive officer.

Most Asian Stocks Fall as India, Australia Raise Rates Before Fed Meeting

Most Asian stocks fell as India and Australia raised interest rates before policy meetings this week by the U.S. Federal Reserve and Bank of Japan.

Leighton CEO Wal King Gets Shareholder Support to Stay, Australian Says

Leighton Holdings Ltd. Chief Executive Officer Wal King received support from the company’s controlling shareholder, Hochtief AG, to remain in his role, the Australian newspaper said, citing Leighton Chairman David Mortimer. Mortimer resolved tensions between Hochtief and King, the newspaper reported, without saying how long King might stay in charge.

Leighton Holdings 9-Month Profit Almost Doubles on Mines, Infrastructure

Leighton Holdings Ltd. , Australia’s biggest construction company, said profit in the nine months to March 31 almost doubled on mining and infrastructure building.

Hochtief Profit May Fall 50% This Year as Leighton Sees Loss, Sells Shares

Hochtief AG , Germany’s largest publicly traded builder, said pretax profit may fall 50 percent this year after its Australian unit predicted a loss and said it would sell stock. Hochtief shares fell the most in two years.

Rio Chief Says Australian Mining Tax Forces `Silent Partner' on Businesses

Rio Tinto Group , the world’s third- largest mining company, said as much as half its balance sheet is threatened by Australia’s plan to boost taxes on resources producers.

Leighton Falls Most in Six Months After Cutting Forecast on Project Delays

Leighton Holdings Ltd. , Australia’s biggest construction company, plunged the most in almost six months in Sydney trading after forecasting an A$85 million ($84.7 million) cut to first-quarter profit.

BHP,James Hardie, Leighton, NAB, Rio, Westpac: Australian Equity Preview

The following is a list of companies whose shares may rise or fall in Australia. The preview includes news announced after markets shut on Friday unless otherwise stated.

"These are strong results for the nine months which reflect solid performances in mining and infrastructure, offsetting the difficulties in property and the Middle East- particularly Dubai."

- Wal King on May 16, 2010

Connecticut Train Crash Rips Up Lines, Hampers Rail Traffic

North Korea Test-Fires 3 Missiles as U.S. Sees Further Isolation

Commuter Train Wreck Injures Dozens, Curbs Amtrak Service

Republicans Unsatisfied by IRS Answers Press for More

Tesla’s Musk Channels Iacocca With Early U.S. Repayment