Guzman y Gomez and Gen Y a fast-food winning recipe
Gen Z and Gen Y are rushing to Guzman Y Gomez stores for its cheap but healthy Mexican food to take the fight to fast-food giants like McDonald’s and KFC.
ASX
ASX 200 trims gains; Goodman, IPH get first strike
‘Incredible value’ in CFMEU relationship: Cbus CEO. Major Pacific Smiles offloads stake, aiding Genesis in takeover battle. Tech giants ‘free riders’: CBA boss. IPH, Goodman get first strikes against executive pay.
ASX falls for third straight day
The ASX 200 fell by 0.8 per cent during Wednesday’s trading, as investors think through the implications of the second Trump presidency on Australia.
ASX 200 down; Nuix, MinRes among worst decliners
ASIC warns of broader Cbus-like issues as super gint agrees to Senate hearing. Johns Lyng gets second strike. MinRes to mothball WA mine, 300 jobs impacted. Nuix sinks 20pc-plus despite CEO assurance. WiseTech hit with class action.
ASX slides on China update
The ASX has dipped for the second consecutive day, giving back part of last-week’s post gains following the US presidential election.
HMC Capital hires more brokers for $2.6bn data centre float
David Di Pilla’s HMC Capital is keeping many in the financial services industry busy on his massive data centre IPO
ASX 200 down; Paladin smashed; Platinum cops second strike
Paladin sinks 20pc-plus on mine challenges. Platinum Asset investors vote against pay plan. New intraday records for Aristocrat, CBA. ACCC says airfares up since ‘Rexit’, but Qantas has a different view. Business, consumer confidence up.
China stimulus does little to lift ASX
The struggling Chinese economy has few rays of hope for Australian miners, as the big iron ore producers sink the ASX to a loss on Monday.
ASX 200 down; what next after CBA’s $250bn milestone
Resolute Mining CEO arrested in Mali. Endeavour’s profit warning weighs. Incitec rises on improving earnings, sale update. HMC hits record. CBA sets new peak at $150.35. DP World takeover fires up Silk Logistics.
ASX closes in on record high
The Australian sharemarket traded strongly on Friday off the back of further rate cuts from the US central bank.
Cuscal launches Australia’s largest float of the year
Payments infrastructure giant Cuscal has taken a major step towards debuting on the ASX after launching Australia’s largest float for 2024.
ASX 200 rises on record day for CBA; Block down
Super fund HESTA demands early exit for MinRes CEO Chris Ellison as partner Albemarle ramps up pressure. Scandal-hit ANZ’s cash profit drops. Cuscal kicks off $336.8m IPO roadshow. Block down on revenue miss.
Winners and losers on the ASX after Trump victory
As Australian stocks struggle to keep up with a booming US market after the presidential election, investors are focusing on who benefits most from Donald Trump’s policies.
ASX reacts to the Trump Trade
Aussie shares traded slightly higher on Thursday, despite a strong rally out of Wall Street on a “red wave” sweeping through the US political system.
$15bn share bonanza for Chemist Warehouse kings
Having met in 1980 in northern Melbourne, the trio have gone on to build an Australian retail powerhouse and their deal to merge Chemist warehouse with Sigma could result in a share bonanza.
ASX 200 jumps late in seesaw session; Sigma top gainer
ACCC gives nod for Sigma’s multibillion dollar union with Chemist Warehouse. Regis launches legal action against Plibersek mine decision. Kerry Stokes starts swinging at AGM. Business leaders warn of Trump trade implications.
ASX lifts on US election excitement; Fortescue avoids second strike
Local bourse rises strongly on broad gains. Future Fund puts MinRes on notice over Ellison ‘mistakes’. Fortescue to lean on government to help with green energy costs. Domain’s disappointing update weighs.
ASX falls as US election nerves take over
The Australian sharemarket slipped on Tuesday ahead of Wednesday’s seismic US Presidential election.
ASX in red with banks, energy stocks hit ; RBA keeps rates on hold
The Reserve Bank has kept rates on hold, which was expected, as ‘underlying inflation’ remains too high. Domino’s shares tank as CEO departs. No government tenders for PwC until mid-2025. LIC spikes on HMC interest.
ASX rallies on shock US poll
The Aussie share market rallied strongly off the back of an unexpected polling result out of the US.
Original URL: https://www.theaustralian.com.au/topics/asx/page/11