Aurizon Holdings Ltd lower as the Industrials sector gains on the day
Here is the latest company close update for Aurizon Holdings Ltd, AZJ.
Aurizon
Aurizon slumps on missed earnings
Aurizon boss Andrew Harding has staked his leadership of the company on reducing the rail hauler’s reliance on thermal coal business, but analysts say the jury is still out.
ASX 200 rises; JB Hi-Fi hits record; Beach sinks
RBA’s Hauser warns on ‘overconfidence’ on rate forecasts. JB Hi-Fi buying e&s, reports lower profit but beats forecasts. Aurizon flags $150m buyback, strong FY25 after missing consensus estimates. Beach Energy slumps to loss.
Brambles sees a stack more profit to flow in
The pallets and logistics group has upgraded its full-year guidance as it sees further signs of deflation in the supply chain and after 8 million pallets returned to the network.
Aurizon flags dividend lift on stronger profits
Aurizon’s bid to diversify through hauling retail goods across the country is off to a slow start, but its core coal business helped the company to a substantial boost in first-half earnings.
Aurizon results to gauge success of One Rail buy
Aurizon’s half-year results, to be delivered on Monday, will be a big test of whether its $2.39bn acquisition of One Rail Australia in 2021 has delivered.
Rocky road without infrastructure spending: logistics giants
The chief executives of three major logistics companies want money pumped into underinvested infrastructure and a renewed focus by government on improving the nation’s productivity.
Derailment: Key coal rail line in NSW to remain closed
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’.
Aurizon tips $300m into ‘land-bridging’
Rail giant Aurizon plans to invest up to $300m in heavy haul locomotives, container wagons and harbour cranes as part of its expansion of a northern freight link through Darwin.
ASX ends flat; CSL tumbles to four-year low
CSL sinks past Covid lows. PwC former boss Luke Sayers tells Senate inquiry he feels terrible, but there were a ‘number of bad actor tax partners’. Tabcorp tanks. CBA tips ‘live’ RBA meeting. Redbubble soars.
Hope for derailed coal-hauler deal
Swiss trading powerhouse Glencore is understood to have walked away from plans to buy One Rail Coal from Aurizon, but some believe private equity could now be around the situation.
Qld rail giant slashes jobs, warns of rising costs
Queensland rail giant Aurizon is cutting scores of key jobs and outsourcing them in order to cut costs, saying the measures need to be taken to stay competitive and maintain profits. See which departments the affected roles are in.
Glencore inquires after Aurizon’s $1bn One Rail Coal
Swiss trading powerhouse Glencore is believed to have made approaches to Australia’s largest freight operator Aurizon about an acquisition of its East Coast Rail division.
Weather, protests and mine woes hurt Aurizon
Despite soaring coal prices, rail hauler Aurizon says Australian miners have struggled to ramp up coal production to take advantage of the price.
ASX leaps; Beach Energy, gold miners gain
ASX ends higher as energy stocks and gold miners gain. Beach Energy up on profit beat, Crown jumps on Blackstone bid, Westpac leads bank rally and New Hope names new CEO.
Aurizon in $2.35bn One Rail deal
Aurizon will pay $2.35bn to acquire Macquarie Asset Management’s One Rail Australia haulage business.
Aurizon may float coal assets: Macquarie
Should Aurizon be successful in buying One Rail, a float of coal haulage assets could be on the agenda, say Macquarie analysts.
Aurizon in box seat for One Rail
The nation’s largest freight company, Aurizon, may have negotiated itself into an exclusive position to buy the $2bn One Rail Australia business.
GrainCorp on Aurizon’s timetable
The nation’s largest freight rail company, Aurizon, has had a busy year behind the scenes examining possible acquisition opportunities.
Could Qube merge with Aurizon?
Market participants are wondering whether plans are brewing for a $13bn-plus tie-up between logistics firms Qube and Aurizon.
Original URL: https://www.theaustralian.com.au/topics/aurizon