BUSINESS NAMES – AUSTRALIA

Vocation cuts back, rebrands in survival bid

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Original article by Simon Evans
The Australian Financial Review – Page: 1 & 9 : 2-Jun-15

Australian-listed Vocation will implement a five-point plan aimed at turning around its fortunes. The vocational education provider will adopt a new business name and rebrand several of its businesses, while more than 40 of its courses will be discontinued. CEO Stewart Cummins is confident that the group will become profitable in 2015-16. Vocation currently boasts just 160 employees, with its workforce cut due to asset sales and redundancies.

CORPORATES
VOCATION LIMITED – ASX VET, CUSTOMER SERVICE INSTITUTE OF AUSTRALIA, AVANA EDUCATION PTY LTD, REAL INSTITUTE PTY LTD, BAWM GROUP PTY LTD, ASPIN PTY LTD, ENDEAVOUR COLLEGE OF NATURAL HEALTH, STUDY GROUP INTERNATIONAL, WESTPAC BANKING CORPORATION – ASX WBC, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

Orica launches $400m share buyback

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Original article by Tim Binsted
The Australian Financial Review – Page: 17 : 3-Mar-15

Australian-listed Orica has revealed plans for an on-market share buyback from mid-March 2016. The explosives group intends to repurchase up to $A400m worth of shares over the next 12 months, following the sale of its chemicals division to Blackstone for $A750m. The private equity firm has announced that the business will be known as Ixom. It boasts EBIT of around $A110m and revenue of $A1.2bn

CORPORATES
ORICA LIMITED – ASX ORI, THE BLACKSTONE GROUP LP, IXOM, GOLDMAN SACHS AND PARTNERS AUSTRALIA PTY LTD, CITIGROUP PTY LTD, LAZARD PTY LTD, FONTERRA CO-OPERATIVE GROUP LIMITED, NUFARM LIMITED – ASX NUF, CALTEX AUSTRALIA LIMITED – ASX CTX, SYDNEY WATER CORPORATION, BLUESCOPE STEEL LIMITED – ASX BSL

William Hill bets on 80-year-old brand

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Original article by Jessica Gardner
The Australian Financial Review – Page: 17 : 21-Jan-15

The William Hill brand will replace those of Sportingbet, Tom Waterhouse and Centrebet in Australia in the months ahead. The 80-year-old UK group, which is named for its founder, will begin with the Sportingbet name in February 2015. William Hill will foster awareness of its own brand by increasing its Australian marketing budget by $A10 million. Plans for the name change had been abandoned by Sportingbet founder Michael Sullivan, then-CEO of William Hill Australia, in October 2013

CORPORATES
WILLIAM HILL AUSTRALIA PTY LTD, WILLIAM HILL LIMITED, SPORTINGBET AUSTRALIA PTY LTD, CENTREBET INTERNATIONAL LIMITED, SBET AUSTRALIA PTY LTD, SPORTINGBET PLC, TOM WATERHOUSE (VIC) PTY LTD, TABCORP HOLDINGS LIMITED – ASX TAH, TATTS GROUP LIMITED – ASX TTS, BETEASY PTY LTD, LADBROKES GROUP PLC, PADDY POWER PLC

Cyber squatters nab South32, poke their tongue at BHP

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Original article by Paul Smith
The Australian Financial Review – Page: 3 : 10-Dec-14

BHP Billiton has ruled out buying the South32.com domain name, which is owned by a company based in Malibu. It is believed to have demanded $A10m to surrender the name. BHP recently revealed South32 as the name of the spin-off that will hold its non-core assets, and says it was not willing to pay the price being sought by the domain name’s owner. Experts say BHP should have ensured that it owned the .com domain as well as related domain names

CORPORATES
BHP BILLITON LIMITED – ASX BHP, .AU DOMAIN ADMINISTRATION LIMITED, FABULOUS DOMAINS, DARK BLUE SEA LIMITED, KARI BIAN FILM COMPANY, SOUTH32 LIMITED, NTEGRITY PTY LTD

BHP Billiton names spinoff ‘South32’

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Original article by Peter Ker
The Australian Financial Review – Page: 5 : 9-Dec-14

BHP Billiton has revealed that the selection of a business name for its proposed spin-off was based on the suggestion of an employee. South32 will be based in Perth and hold BHP’s non-core assets in Australia, South Africa and South America. The name is derived from the location of the bulk of its assets. Brand specialist Designworks also assisted BHP in developing a name for the new company

CORPORATES
BHP BILLITON LIMITED – ASX BHP, SOUTH32 LIMITED, DESIGNWORKS LIMITED, AUSTRALAND PROPERTY GROUP, BANK OF MELBOURNE LIMITED, OFFICEWORKS SUPERSTORES PTY LTD

Challenge for Helloworld chief

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Original article by Lisa Allen
The Australian – Page: 21 : 24-Jul-14

Helloworld has been named "Best Travel Agency Group" by the Australian Federation of Travel Agents. However its rebranding of the Harvey World Travel, Travelscene, Jetset Travel and Travelworld networks it owns has meant the likely loss of 100-plus individual agencies unhappy at the change. This has forced Helloworld to warn of a 2014-15 EBITDAI decline, by as much as $A10m. Recently appointed CEO Elizabeth Gaines, who sits on the board of Fortescue Metals Group as well, is confident the share price will recover after falling to $A0.26

CORPORATES
HELLOWORLD LIMITED – ASX HLO|FORTESCUE METALS GROUP LIMITED – ASX FMG|THE AUSTRALIAN FEDERATION OF TRAVEL AGENTS LIMITED

New soccer clubs banned from using ‘ethnic’ names and logos

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Original article by Kim Arlington, Saffron Howden
The Sydney Morning Herald – Page: 9 : 27-Jun-14

David Gallop, CEO of the Football Federation Australia (FFA), has announced a new policy on the naming of clubs in the soccer competitions it runs. They will after 26 June 2014 be unable to choose logos or names that have "any ethnic, national, political, racial or religious connotations". While the new rules will not apply to the existing teams, they must still heed them if they want to make any changes in the future

CORPORATES
FOOTBALL FEDERATION AUSTRALIA LIMITED, MARCONI SOCCER CLUB, SYDNEY UNITED SOCCER CLUB, RMIT UNIVERSITY, ROYAL MELBOURNE INSTITUTE OF TECHNOLOGY