Globe International (ASX:GLB) said it expected a net profit of around $8 million (US$6.3 million) to $10 million for the full year of 2004–05. The company announced a net profit of $1.3 million for the first half of 2004–05, down (59 per cent) from the $3.1 million reported for the six months to 31 December 2003.
The AMP group and its various divisions recently declared it was a ‘substantial shareholder’ in Billabong International Ltd. The company now has 10,401,158 Ordinary Class Shares (or 5.05 per cent) of voting power.
Quiksilver Inc (ZQK) announced in late March that the board of directors has approved a two for one stock split of the company's common shares, subject to stockholder approval of the amendment of the company's Certificate of Incorporation at the annual meeting of stockholders. The split will be effected by issuing one additional share of common stock for every share of common stock held.
Just when it appeared emergency aid efforts where under control in the Nias region, an earthquake measuring 8.7 on the Richter scale hit in northwestern Sumatra, Indonesia, at 11:09 pm local time (11:09 am ET) on 28 March 2005. The epicenter of the quake lies along the same fault line as the one that struck on 26 December 2004, causing the tsunami that killed hundreds of thousands of people in Indonesia, Sri Lanka and Thailand.
04:45AM / Torquay / Vic / Aus
