Investa Office Opens Door To Oxford Properties
Investa Listed Funds Management will grant Canadian-owned Oxford Property Group four weeks due diligence on its $5.60 a unit offer for Investa Office Fund.
Read MoreInvesta Listed Funds Management will grant Canadian-owned Oxford Property Group four weeks due diligence on its $5.60 a unit offer for Investa Office Fund.
Read MoreTPG Telecom’s 2017-18 financial results underline the logic of the company merging with Vodafone Australia.
Read MoreNZ-based outdoor wear clothing retailer, Kathmandu Holdings Limited (ASX/NZX: KMD) will pay shareholders a record dividend after boosting net profit 33% to $NZ50.5 million for the year to July 31.
Read MoreWesfarmers’ disastrous hardware adventure into Britain and hefty write-downs in on the value of its still struggling Target department store chain have cost Perth-based group’s executives $17 million in lost share awards in 2017-18 financial year, according to the company’s annual report which was issued on Monday.
Read MoreThe unexpected announcement of a royal commission into the aged care sector has investors worried with suggestions the finding could be similar to that of the inquiry into the financial services sector.
Read MoreSo has former NSW Premier, Mike Baird moved into the running for the top job at the National Australia Bank – 21 months after surprisingly pulling the plug on being the leader of NSW?
Read MoreThe AMP has provided another reminder that there appears to be a long list of problems in financial services just waiting to be uncovered by the royal commission.
Read MoreCoal miner, New Hope Corporation says it expects to report a near doubling in after-tax profit (before one-off items) for the year to July 31 when it releases its 2017-18 figures tomorrow.
Read MoreChina’s last big data drop for the month of August had a couple of surprises – growth in investment fell to the lowest level ever, while surprisingly production of commodities used in investment such as steel and cement rose or only dipped by a small amount.
Read MoreA weaker US dollar helped most commodities to small gains last week, a bit of a contrast to the losses of the week before.
Read MoreUS stocks struggled to the end of trading on Friday but still managed their best week in two months.
Read MoreThe ASX is heading for a lacklustre start to trading later today after last week’s less than convincing rebound from the sharp falls at the start of the month.
Read MoreA quiet week globally for regular data drops and other reports, but there’s a summit between North and South Korea, a meeting of the United Nations, the mid-month updates on the health of manufacturing and services, some July 31 corporate reports in Australia and a big shakeup in the structure of the S&P 500, the world’s major stock market index.
Read MoreMyer shares leapt 37% yesterday as investors digested the losses for the 2017-18 financial year.
Read MoreCanada’s Oxford Property Group has won all but won control of the listed Investa Office Fund with a new, higher $3.35 billion bid, topping a recently revised bid from its rival Blackstone by almost $48 million and boosting its stake to more than 29%.
Read MoreThe size and dominance of Kiwi dairy giant Fonterra has not stopped it from creating a piece of unwanted NZ corporate history.
Read MoreBega Cheese has raised around $200 million from an institutional share placement and will now look to raise up to $50 million more through a share plan purchase offer to retail shareholders.
Read MoreWhile the ACCC, the competition watchdog, has approved Hong Kong-based utility firm CKI’s $13 billion takeover bid for gas pipeline company APA is the offer still has two significant hurdles to overcome.
Read MoreNo dividend, more write-downs, sales fell, earnings weakened. All in all the 2017-18 results from Myer seemed a case of situation normal.
Read MoreMacquarie Group has confirmed it expects its 2018-19 to be broadly in line with the previous year’s record $2.56 billion profit.
Read MoreAustralian business conditions index rebounded in August but the political volatility hit confidence levels, knocking them lower to where they are now below average, according to the latest business survey from the National Australia Bank.
Read MoreTwo of Australasia’s major dairy companies could be on the market and sold by early 2019 after Japanese food and brewing group, Kirin revealed it was launching a review of its Australian and New Zealand businesses with a view to selling them.
Read MoreThe impact of the growing East Coast drought was dramatically portrayed in the latest crop report from Australian Bureau of Agricultural and Resource Economics and Sciences (Abares), the country’s key agricultural adviser, with regional areas looking at a major hit to activity and income.
Read MoreDonald Trump’s tweets and rantings are running out of puff – just look at the stockmarket reaction to the jihad he and his conservative supporters launched against sports wear group, Nike for hiring rebel US NFL star, Colin Kaepernick in the firm’s new marketing campaign.
Read MoreNAB shareholders remain cautious to the news that the bank will not follow rivals in hiking its home loan interest rates in the wake of moves by Westpac, the Commonwealth, and ANZ.
Read MoreSecurityholders in Investa Office Fund will meet next Monday to vote on Blackstone Group’s sweetened $3.3 billion takeover bid.
Read MorePact Group CEO, Malcolm Bundey is leaving the company immediately, an obvious casualty of the company’s poor 2017-18 report and market thumbs down.
Read MoreBega Cheese shares went into a trading halt yesterday to allow for a $200 million fundraising, while Ausdrill revealed it had got better than expected support from shareholders in its $75 million retail offer.
Read MoreChina’s commodity imports – such as coal, iron ore and oil – held up in August, despite the continuing trade brawl with the US.
Read MoreA week of falls on global markets last week – US shares fell 1%, Eurozone shares lost 2.6%, Japanese shares dropped 2.4% and Chinese shares fell 1.7%.
Read MoreThe ASX 200 index lost 175.7 points, or 2.8% last week, to 6143.8, its worst five-day performance since February.
Read MoreGold, copper and other metals ended lower Friday, building on a loss for the week, as the solid US jobs data provided a boost to the dollar and supported expectations for further interest-rate hikes at the end of this month at the US Federal Reserve’s next meeting.
Read MoreForget GDP, jobs and other reports such as Donald Trump’s expanding trade war with China, this week is all about Apple.
Read MoreAmericans are being driven to drink – more craft beer and spirits like bourbon whisky – and as a result GrainCorp says it is enough to more than offset the impact of the East Coast drought on its business.
Read MoreTelstra edged higher in yesterday’s big sell-off even though the company produced yet another profit downgrade. But unlike some warnings in the past two years, the market had been awaiting this update.
Read MoreIs yesterday’s buyback announcement from Stockland one of the more significant announcements from a key company in the Australian property sector- especially residential, retail and other commercial areas?
Read MoreShares in Sigma Healthcare slumped 11% after yesterday after the drugs supply group revealed the cost of cleaning up the company’s structure after losing the lucrative Chemist Warehouse supply contract.
Read MoreThere’s no doubting the Australian economy is going well at the moment – the June quarter national accounts confirmed the jump in growth reported in the March quarter and also suggest the Reserve Bank’s forecast for growth of “a bit above 3%” for 2018 and 2019 is on track.
Read MoreBHP has made another attempt to put its foot on one of the most prospective copper-gold deposits in the world unveiling a deal that will see it acquire a 6.1% stake in the SolGold project in Ecuador.
Read MoreFears that rapidly rising production from Australia is undermining the global lithium price boom are not stopping the local industry from continuing its pell mell charge into the market.
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