TWE pays $49m to settle case
Treasury Wine Estates will pay $49m to settle a shareholder class action.
Treasury Wine Estates will pay $49m to settle a shareholder class action.
Clothing retailer Noni B has given shareholders their first dividend in three years as it posted a 50pc lift in profit.
Perpetual chief Geoff Lloyd is hoping for a correction in the sharemarket so the fund manager can snap up bargains.
Mortgage Choice chief John Flavell says owner-occupiers are filling the gap left by investors in the property market.
Fund manager Perpetual has booked a modest lift in annual profit, despite a “challenging” year for its investment arm.
Investor pressure has kept the pay of Australia’s top CEOs in check, but they’re still enjoying their bonuses.
The cement maker is upbeat about the property and infrastructure markets despite a 10.9pc drop in net profit.
Concerns about Pact Group’s growth saw shares in the Geminder-backed company hit a more than 12-month low yesterday.
Shares in Computershare have taken a hit as investors focused on a weaker-than-expected outlook for the year ahead.
Computershare shares fell as much as 6pc in early trade despite it posting a robust lift in full-year profit.
Original URL: https://www.theaustralian.com.au/author/cliona-odowd/page/155