EBOS Goes to Market to Fund Expansion
NZ healthcare and pet food group EBOS is buying medical devices business Lifehealthcare, and is asking shareholders to meet a good chunk of the cost via a capital raising.
Read MoreNZ healthcare and pet food group EBOS is buying medical devices business Lifehealthcare, and is asking shareholders to meet a good chunk of the cost via a capital raising.
Read MoreThe market liked what it heard from Woodside Petroleum on Wednesday about the headline $5 billion spend figure earmarked for its green ambitions in future years.
Read MoreNickel Mines has finalised plans to buy a 70% stake in the Indonesian Oracle Nickel project in a partnership that will see a substantial rise in the amount of nickel it produces.
Read MoreIt was hardly a convincing upgrade for 2022 from Newmont Corp, the world’s biggest gold miner, but a good portion of it will be powered by its mines in Australia.
Read MoreChinese commodity imports were the strongest across the board for 2021, helping the country’s November trade numbers offset other domestic pressures.
Read MoreTuesday’s trading session saw something of a rarity: an update from Insurance Australia Group (ASX: IAG) that didn’t result in the company’s shares being sold off.
Read MoreBank of Queensland (ASX: BOQ) remains upbeat despite ongoing margin pressure arising from the continuing low level of official interest rates.
Read MoreOil Search shareholders overwhelmingly endorsed the marriage to Santos yesterday, putting the lie to all the media stories about how some would try to vote it down.
Read MoreThe RBA ends 2021 with its key interest rate steady on 0.10% and no sign of any change soon, despite continuing suggestions that it will be forced by rising inflation to boost rates.
Read MoreThe stuttering Chinese economy and property sector in particular has forced the country’s central bank to cut its reserve requirement for banks for a second time this year.
Read MoreThe departure of Bapcor CEO Darryl Abotomey has turned toxic and he is out the door with immediate effect rather than early next year, as originally planned.
Read MoreAfterpay shares fell again yesterday after the company revealed it would push ahead with a meeting regarding the takeover by Block without approval from a major shareholder.
Read MoreMetcash shares leapt more than 7% yesterday in a strong thumbs up to the solid interim result and higher dividend from the supermarkets, hardware and liquor group.
Read MoreHere are a couple of snippets in a weird old start to the week for the ASX from medical group Sigma Healthcare (ASX: SIG) and buidlng materials major Boral (ASX: BLD).
Read MoreStay-at-home stocks that benefitted from Covid’s earlier waves such as Zoom, DocuSign and Netflix all tanked last week despite rising fears about the impact of the new variant.
Read MoreShare markets face another rough week as uncertainty around Covid Omicron meets a US inflation update on Friday and continuing pressures from energy markets.
Read MoreOnce again with a monthly report on the US labour market, the real story is to be found in the detail rather than the surprisingly weak headline new jobs figure for November.
Read MoreCentral bank meetings led by the RBA, along with US inflation and continuing concerns about Covid Omicron give the week ahead an oh so familiar look.
Read MoreCommodities were no different to equities last week as Omicron and interest rates dominated and this week will see more of the same.
Read MoreIn stark contrast to its Australian rivals, Brazilian miner Vale seems to be going ex-growth in its key commodities – iron ore, copper and nickel.
Read MoreGold has failed to get the same sort of flight to quality booster shot from the new Covid variant that it got in 2020 from the original Alpha strain.
Read MoreIn a surprise on Thursday, Chalice Mining revealed it had outlined a “significant” new area of interest at its rich Julimar copper, nickel, PGE prospect northeast of Perth.
Read MoreDespite the recent 20% plus slide in oil prices, OPEC+ will maintain its plan to increase its production cap by 400,000 barrels a day in January.
Read MoreShares in API soared more than 16% on Thursday to a high of $1.74 after Woolworths crashed Wesfarmers’ attempt to take control of the company.
Read MoreMixed news for the Chinese economy from the two start of month surveys of manufacturing – it’s not in good health and a diagnosis of lacklustre would be in order, judging by the data.
Read MoreSome snippets out of Thursday’s ASX trading session from Premier Investments, Liontown Resources, Afterpay and Crown Resorts.
Read MoreNo wonder APRA moved this week to force home lenders to hold more capital against interest-only loans, which hit a near-record level in October.
Read MoreWall Street was crunched in the final 90 minutes or so of trading by news that the US had its first case of Covid Omicron – in San Francisco.
Read MoreAustralia’s economy survived the Covid Delta lockdowns in the third quarter to emerge in solid condition and looking at a rebound in the three months to December.
Read MoreAustralian property prices grew the slowest amount this year according to CoreLogic, again raising the question of whether the boom is coming to an end.
Read MoreSome follow-up news from Wednesday’s ASX session involving various stocks we’ve been watching of late, namely GUD Holdings, GrainCorp and Costa Group.
Read MoreShares in Liontown Resources were put into a trading halt ahead of plans to raise up to $490 million to allow it to derisk the company’s key Kathleen Valley project.
Read MoreNowhere to hide on Tuesday for commodities, a big losses wiped out the tentative gains from Monday’s half-hearted rebound and saw large blobs of red ink for November as well.
Read MoreGood growing conditions will see Australian farmers harvest a record winter crop, but the recent wet weather has hit yields and quality, especially in wheat, marking price down sharply.
Read MoreThe recent lockdowns clearly boosted the Sep half-year performance of Collins Foods, the parent company of KFC and Taco Bell in Australia, in turn helping the company’s shares jump 12%.
Read MoreCar parts maker GUD Holdings (ASX: GUD) will double its size with a $745 million cash and share deal to purchase AutoPacific Group (APG) from a private equity group.
Read MoreMore woes for Westpac, with the company now facing legal action from regulator ASIC that will cost it more than $180 million in penalties and remediation.
Read MoreBuilding approvals in October fell sharply because of a dramatic slide in the number of new apartments, townhouses and units approved by local governments.
Read MoreWall Street closed higher on Monday in cautious trading which helped major markets regain a little of the big losses in Friday’s Omicron sell-off.
Read MoreThe emergence of the new Covid variant has made tomorrow’s September quarter economic growth data almost irrelevant, especially in the event that Omicron is as dangerous as some say.
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