澳洲新闻 (ABC新闻快递) 2014-08-27
时间：2014-09-25 08:29:54
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Pacific Brands is selling its KingGee, Stubbies and Hard Yakka workwear brands to Wesfarmers for 180 million dollars. The effort to look at the company's performance comes against the backdrop of another big full-year loss. Pacific Brands lost a quarter of a billion dollars in its 12 months to June, which it blames on restructuring cost. It compares to last year's profit of almost 74 million dollars and means no full-year dividend1 for shareholders2. David Bortolussi will take up the Chief Executive role after John Pollaers resigned suddenly in July after a falling out with the board.
Mining drilling company Boart Longyear has warned
investors3 its future is at risk. Boart has advised its investors it must complete a review and a recapitalization by the middle of next year to continue as a going concern. The warning was issued as Boart released its half-year results, a net loss after tax of 154 millions dollars which was driven by a weak mineral exploration activity. All the stocks Boart Longyear has fallen sharply since the end of 2008
plummet4 around 18 dollars a share to close at 17 cents today.
On the broader Australian share market:
Mining stocks kept a little in gain. By the close the All Ords managed a 2-point increase; the ASX 200 index was up three.
Across the region:
Japan's Nikkei has closed just over half a percent lower. And the Australian Dollar has been dipping against the greenback but it since recovered to 92.94 US cents.
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