Entain Ticks Up Tabcorp Bid
UK punting giant Entain has lifted its offer for Tabcorp’s bookmaking and media division by half a billion dollars, taking the new price to $3.5 billion.
Read MoreUK punting giant Entain has lifted its offer for Tabcorp’s bookmaking and media division by half a billion dollars, taking the new price to $3.5 billion.
Read MoreTesla shares were all over the place on Monday ahead and after the release of the electric vehicle maker’s March quarter results.
Read MoreThe boom in iron ore prices continues and South Korean steelmaker Posco on Monday provided a good explanation as to why – business is going very well indeed.
Read MoreWestpac’s interim profit next week will take a $582 million hit from provisions, write-downs and a range of other “notable items”, the bank told the ASX in a Monday announcement.
Read MoreCovid has brought a second chance to listed real estate agent McGrath Ltd, with the company telling the ASX it is on track for a significant boost to full year earnings.
Read MoreNIB Holdings has reinstated profit guidance for the first time since pandemic lockdowns began as the health insurance sector continues to escape the big slide of 2020.
Read MoreSigma Healthcare shares took the loss of CEO Mark Hooper surprisingly well yesterday, given the surprise nature of the announcement and the lack of any real explanation.
Read MoreLast week it was AGL revealing the shock departure of its CEO. Today, Sigma Healthcare made the surprise announcement that CEO Mark Hooper will go after more than 10 years in the role.
Read MoreOz Minerals is moving to boost growth projects at some of its mines as it seeks to take advantage of strong prices for key commodities.
Read MoreThe worsening Covid problem in and around Perth will see investors move onto a cautious footing when trading resumes on the ASX later this morning.
Read MoreAustralian inflation dominates local events this week with a big quarterly rise from the December quarter but a modest annual increase forecast.
Read MoreCopper starred in commodity markets last week as a weaker US dollar added to continuing demand and improving market fundamentals.
Read MoreThe health of the US economy takes centre stage this week with March quarter growth figures released, a meeting of the Fed, and then consumer spending and inflation data out on Friday.
Read MoreUS March quarter earnings data hits peak week with dozens of S&P 500 companies to report led by a handful of giants that will determine the overall quality of the season.
Read MoreThere’s less than a month to go to the Federal Budget but what’s the betting that the parties involved have thought really hard about what might be needed in future years to drive growth?
Read MoreEnergy major Royal Dutch Shell continues to flesh out its transformation process first revealed in February by setting out plans to cut its oil and gas production by around 5% a year.
Read MoreFor all the talk about how BHP, Rio Tinto and Fortescue are doing well in the current iron ore price boom, the clear winner is the recovering Brazilian giant Vale.
Read MoreShares in e-commerce firm Kogan.com were crunched on Friday as it joined the growing number of companies reporting weak or weakening sales and earnings figures for the March quarter.
Read MoreAMP shares bounced in early trading on Friday after investors took heart that the mooted deal with US investor group, Ares had finally fallen over.
Read MoreCredit Suisse has been forced to raise more than $US2 billion in new capital to strengthen its balance sheet after warning of more losses from the Archegos and Greensill debacles.
Read MoreShares in global logistic giant Brambles traded higher yesterday after a strong third quarter update saw it on track to meet full-year guidance.
Read MoreA single proposed accounting rule change by the US Securities and Exchange Commission will make sure that SPACs are no longer so easily derived.
Read MoreThe rise in oil and LNG prices helped Woodside and Santos improve revenues for the March quarter and the outlook for both remains buoyant under the current conditions.
Read MoreShares in online retail and art marketplace Redbubble slumped more than 22% after the company reported a number of “key misses” in a third-quarter trading update.
Read MoreA major policy proposal from APRA will see insurers and superannuation funds elevate the impact of climate change to rank alongside credit risk, underwriting risk and liquidity risk.
Read MoreShares in AMP hit a new all-time low on Thursday after it reported more outflows in the March quarter from its shrinking wealth and asset management businesses.
Read MoreIn a surprise move, AGL Energy CEO Brett Redman has resigned with immediate effect after just two-and-a-half years in charge of the country’s biggest energy utility.
Read MorePriceline chemist chain operator Australian Pharmaceutical Industries surprised on Thursday with a 30% slide in interim profit thanks to the impact of COVID shutdowns.
Read MoreRetail sales recovered in March, but while the 1.4% rise was slightly better than expected and more than made up for the slide in February, the longer-term trend remains cloudy.
Read MoreThe interim earnings releases for Westpac, NAB and ANZ are now around two weeks away and analysts have started rubbing their crystal balls, with Westpac for some the one to watch.
Read MoreTwo updates yesterday from mid-level operators Helloworld and Corporate Travel Management suggest a rising degree of optimism about the future for the travel industry.
Read MoreBHP had solid ore sales from its mines in Western Australia in the three months to March 31 as wet weather and maintenance impacted output and exports.
Read MoreInvestors on Wednesday sold off Nuix shares after the company said it will not meet the business forecasts set out in its IPO documents issued last December.
Read MoreNetflix disappointed investors again with subscriber numbers falling short of its own forecasts, but the market ignored the company’s best quarterly financial performance in its history.
Read MoreRio Tinto lifted its shipments of iron ore during the March quarter, thanks to solid demand from China and recovering demand from Japan, South Korea and other markets.
Read MoreWoolworths has tightened its control of retail data analytics firm Quantium and will use the controlling stake in the start-up to build a completely separate division.
Read MoreChallenger’s investors didn’t seem to like the figures in the financial group’s third quarter update, despite it looking good on paper with further growth across the business.
Read MoreIn its third quarter update, BNPL group Afterpay confirmed media reports earlier in the year that it was looking at a US market listing in the not-too-distant future.
Read MoreSeven Group said on Tuesday that it had raised $500 million from institutional investors with strong support from domestic and international investors at $22.50 per new share.
Read MoreShares in Temple & Webster fell at the opening yesterday, losing more than 5% as investors took a first glance at a third quarter trading update and gave it a quick thumbs down.
Read More