AV Jennings bidding war breaks out
Shares in high-profile home builder and developer AVJennings jumped higher after a rival takeover offer from a Singaporean group which sets up a bidding war.
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ASX 200 ends down 0.2pc; WiseTech sold off; Premier, Myer build on losses; Arafura soars
WiseTech shares dive on heavy volume amid suspected institutional selling.Independent expert backs Premier, Myer deal after recalculations. Billionaire Rinehart-backed Arafura gets fresh Labor buy-in. Macquarie to invest in US data centres. Cash-strapped Star ticks up amid Macau intrigue. Billionaire’s takeover interest fires up AVJennings.
ASX 200 closes up on US on tariff hopes
ASX 200 ends 4 day losing streak on US tariff hopes. Ingenia Communities leaps 15 per cent after boosting its earnings guidance. Cash-strapped Star rises as mystery investor buys more stock. Telix beats revenue guidance. Car Group lifts after Tyres exit. Mesoblast raises $260m. Blundy-backed City Chic rises.
ASX 200 down; Star ticks up; Myer, Premier tank
Insignia rises on improved Bain bid. Weak sales updates from Myer, Premier weigh. Energy players gain as Brent hits $US81 per barrel. Low AUD threatens rate cuts. Star rising amid cash crisis talks.
ANZ tips Feb rate cut amid weak economy
Slow spending lifts chances the RBA will move earlier than expected to deliver interest rate relief.
ASX 200 mostly recovers from fall; Star, Lovisa hit
November retail sales undershoot expectations despite Black Friday boost. Casino group Star’s investors react to latest cash crisis. Rex board aware of ‘bewilderingly bad’ sales: ASIC. Arcadium lifts on US nod to Rio buyout.
Holden owners may get compo as GM sued over alleged fault
Hundreds of thousands of Holden owners could be eligible for compensation from GM after a class action was launched over alleged faulty transmission systems. Does your car have one?
ASX 200 hits four-week high on underlying CPI surprise
Investors buoyed by cooling underlying price pressures. Forrest named in bombshell ExxonMobil lawsuit. Avita’s downgraded earnings guidance weighs. Computershare falls on UBS ratings cut.
ASX 200 ends up 0.3pc up as most sectors rise
Australia’s stock market rises for a fourth day running, setting three week intraday and daily closing highs as gains in most sectors outweigh falls in iron ore miners. Morgan Stanley says Aussie bank share prices ‘not justified’. IDP Education up on Macquarie upgrade. WiseTech’s new buy. Nvidia hits record.
ASX 200 edges higher as iron ore falls weigh; Insignia soars
CC Capital trumps Bain takeover bid for Insignia. Infratil flags more CDC support as debt costs weigh on valuation. Shares in Goodman, Nine up after notable investor moves. Whyalla Steelworks restarts with unresolved issues.
Original URL: https://www.adelaidenow.com.au/journalists/valerina-changarathil/page/13