Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. So it might ...

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. But the reality is that when a company loses ...

THE American founder of of regional pay-TV company Austar, John Porter, has been a long-time lover of the Aussie Outback. As founder of regional pay-TV company Austar, Mr Porter has developed an ...

Regional pay TV operator Austar says it has reached an agreement with Foxtel and Liberty over their $2.5 billion takeover offer. Foxtel and Liberty are offering Austar shareholders $1.52 per share in ...

Shareholders of regional pay television operator Austar have voted overwhelmingly to support a $2 billion takeover bid by Foxtel. The final tally showed 97.6 per cent of shareholders voted in favour ...

SYDNEY – A year of double digital growth to reach a record 601,126 subscribers for Australian pay TV operator Austar United Communications resulted from a drop in entry level pricing, more flexible ...

Austar has appointed network construction specialist TCI to plan and build its regional wireless network infrastructure. Last month, Austar United Communications laid out plans to expand its regional ...

Austar today reported a net loss of $7.603 million for the 2008 June half year, compared to a $24.682 million profit in the previous corresponding period. Underlying profit, or earnings before ...

Add articles to your saved list and come back to them any time. The future ownership of pay TV operator Austar United Communication Ltd hung like a heavy cloud over its annual general meeting as the ...

The nation's number two telco Optus yesterday raised concerns about Foxtel's multibillion-dollar bid to acquire fellow pay TV operator Austar, claiming that the merger would strengthen relative market ...

SYDNEY (MarketWatch) -- Australian regional subscription television group Austar United Ltd. (AUN.AU) said Thursday it remains in talks with third parties about a potential takeover. "The status has ...