Tag Archives: AX

Qantas Airways double profit in 2010/2011 fiscal year

Australian Airline Qantas Airways (QAN:AX) announced that it annual profit more than doubled on wednesday to 250 Australian dollars ($263 million) but warned investors that the state of the vulnerable economy may prove it difficult for the airline to produce …

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Fosters posts 9 percent drop in latest fiscal year amid hostile takeover

Fosters Group.(FGL:AX) the iconic Australian beer company announced it lost 89 million Australian dollars ($93 million) over the past fiscal year. The company has been battling a recent hostile take-over attempt by SABMiller.

SABMiller which is one of the largest …

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