ASX 200 down 1pc; Appen hits record low
Appen shares set fresh low after CEO’s sudden exit. $A back above US65c. St Hilliers appoints administrators. Fletcher sinks on profit warning. Silver Lake tumbles on Red 5 merger.
Appen shares set fresh low after CEO’s sudden exit. $A back above US65c. St Hilliers appoints administrators. Fletcher sinks on profit warning. Silver Lake tumbles on Red 5 merger.
The $9.3bn engineering company is determined to be paid for work on energy projects in Ecuador, but it’s proving challenging and another legal battle may be on the cards.
Lendlease’s $1.3bn sale of 12 housing communities to Stockland underscores the construction giant’s shift towards higher density inner-city projects.
A major coal rail line in NSW will remain out of action until a review of the site is completed following a derailment, with an update expected in a ‘couple of days’.
ASX 200 has second best month of 2023. Origin rejects Plan B. Australian 7-Eleven business sold for $1.7bn. Guthrie ousted from Mighty Kingdom board. Iress soars.
Southern Cross rebuffs Catalano merger offer. Santos blocked from laying entire Barossa pipelines. Wages rise 1.3 per cent in 3Q. Optus says parent company Singtel’s upgrade triggered outage. Platinum gets first strike.
Super giant has 16.5 per cent of Origin. CBA’s $2.5bn 1Q cash profit flat but beats estimates. Goodman avoids second strike. Telstra CEO says network reliability a priority.
AusSuper won’t join Brookfield/EIG bid. Optus faces up to $400m compo: analyst. DP World ports back. ANZ profit misses estimates. John Mullen to chair Scyne. Elders, Boral, Ainsworth gain.
Speculation mining billionaire is buying Azure shares. IMF backs more RBA rate hikes. BHP bullish on potash. Cotton On profit sinks. Amcor affirms FY guidance. Vicinity Centres cautious on outlook.
Billionaire’s mining giant’s profit falls. Argument breaks out on Endeavour AGM floor. Weak China data hits resources stocks. Treasury Wine’s $1.4bn DAOU Vineyards buy. AustSuper rejects Brookfield/EIG Origin bid.
Original URL: https://www.theaustralian.com.au/author/lilly-vitorovich/page/2