Cuscal gets cracking on revived IPO plans
The window for initial public offerings and other equity capital markets deals could be reopening with a rally on the ASX.
ASX
ASX 200 hits eight-day high; WiseTech’s new record
Nine’s change of guard as Mike Sneesby leaves at the end of September. Brickworks flags $123.5m impairment on weak markets. Qantas ex-boss Joyce paid millions more. ACCC gives banks, AusPost, supermarkets nod for cash-in-transit contingency planning.
Still no deal on Star’s rescue plan
Troubled Star Entertainment Group has signalled it’s no closer to finalising a $300m rescue plan and remains in lock down talks with lenders, governments and regulators.
Facebook ‘jughead’ joke by new chief a poor look
Fletcher Building’s new head honcho takes on a NZ-based company steeped in promoting women so perhaps his Facebook profile pic of the past two years ought to, um, come down?
ASX chair departs amid investor heat
Investors say the beleaguered ASX board still has work to do to boost its expertise and ensure accountability for a bungled technology upgrade, despite the changeover of chairman.
Super funds face volatile outlook amid market turbulence
The average superannuation balance eked out a small gain in August following a $100bn wipeout on the ASX.
ASX’s board lacks ambition needed for rebuild
As the reputational hits keep coming, the market operator’s board has made a timid choice to help win back trust of regulators.
ASX 200 down on energy, bank falls; MinRes surges
MinRes jumps on Onslow nod, flags $300m in cost savings. RBA official warns on ‘hot’ jobs market. ASX chair exits amid investor pressure. REA’s £5.6bn Rightmove bid. Newmont’s $US475m sale to Forrest-backed group. Oil price dive weighs on Woodside.
Apple Watch may help save lives: ResMed
Health device manufacturer ResMed says Apple’s foray into sleep apnoea detection – via an update to its smart watches – will help save lives.
ASX 200 rises; CBA, Macquarie surpass records
Plibersek approval for Stokes-backed BCI’s Mardie project. Steadfast slumps on response to allegations. Tassie salmon may raise a stink at Coles AGM. Jim Chalmers considers ‘next steps’ on RBA reforms.
ASX 200 falls, led by energy, consumer stocks; Premier dives
Premier Investments flags lower earnings, sacked Smiggle boss Cheston denies ‘serious misconduct’. Hotel Property Investments rejects $718m bid by Charter Hall Retail, Hostplus. Westpac CEO successor named. Steadfast in a trading halt. Star results awaited.
Six companies seek to raise $71m on the ASX
The ASX will welcome four debutantes in coming weeks, while Webjet could split in two if shareholders agree
ASX faces board challenge over CHESS failure
Two market figures are concerned the ASX board lacks the expertise to handle its massive CHESS replacement program after the failure of the first attempt.
This week’s share tips: looking beyond the big names
Share portfolios shouldn’t simply focus on big banks and resources giants. Our experts examine some smaller stocks.
ASX 200 lifts as CBA, Macquarie test new peaks
CBA hits all-time intraday high. Macquarie up 2.3pc on the day. First Super’s CFMEU-linked co-chair steps down after APRA action. Pacific Smiles CEO Andrew Vidler resigns.
Casino giant’s fresh financial woes
Thousands of jobs are potentially in limbo after Australia’s gambling giant The Star was suspended from the stock exchange.
ASX ends higher on tech, property, banks as energy stocks hit
RBA governor says higher rates not off the table. Data centre operator NextDC’s top gainer after AirTrunk sale. Coronado dives on guidance. Downgrades add to oil price woes for ex-div Woodside and Santos. Apollo selldown hit for Challenger.
ASX 200 falls; GDP data shows sluggish economy; Cettire tanks
Australia stuck in ‘weak productivity, high cost malaise’. Sale of Orora Packaging Solutions to US group resets core focus. Cettire cops beating after founder’s $15.8m buy-in. Oil price plunge weighs on Woodside, Santos.
Insignia poaches ASIC regulator
ASX-listed wealth and superannuation player Insignia Financial has secured former ASIC commissioner Danielle Press to chair its retirement business.
ASX 200 ends little changed as retailers, miners fall; CBA hits record
Consumer stocks down as big names Coles, Woolworths and Wesfarmers trade ex-dividend. More pain for iron ore prices weighs on mining heavyweights. Public demand tipped to drive second quarter GDP growth.
Original URL: https://www.theaustralian.com.au/topics/asx/page/18