Brambles Ltd higher Wednesday, outperforms the Industrials sector
Here is the latest company close update for Brambles Ltd, BXB.
Brambles
Brambles ‘well-placed’ to benefit from Trump trade war
The pallet giant’s boss says the threat of tariffs from US President Donald Trump could work in its favour, as Brambles recorded it’s the first pick-up in business volumes in two years.
Infrastructure opportunity is now: Brambles CEO
Graham Chipchase is calling for Australia to invest in long-term infrastructure that sets the nation up for sustainable future growth.
Richard White to stand down as WiseTech CEO
ASX 200 slips in cautious trading. WiseTech CEO resigns. CBA, Westpac rebuff flexible serviceability buffer call for home loans. Weak quarter weighs on Reece, Fortescue and Brambles. Super Retail tried to settle claims ahead of court fight. HMC lines up data play with $2bn Global Switch deal.
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.
Brambles puts capital management over Loscam interest
Australian logistics company Brambles appears less likely to emerge as a buyer of Loscam assets, emphasising that capital management is more of a priority.
Brambles flags $US500m buyback as profit jumps: Shares surge
Graham Chipchase has lifted Brambles to a record high after cashflow surged 77 per cent on better CHEP pallet control and signs destocking in the US is finished: $US500m buyback
ASX rises after late surge; Brambles, Healius, WiseTech top gainers
Energy sector dips while tech stocks soar. Santos, Corporate Travel, IAG, Domino’s down earnings miss expectations. Brambles’ $500m buyback wins over investors. New CEOs at Perpetual, Atlas Arteria as PEXA search begins. WiseTech hits record.
Brambles’ US boss out after ‘cultural differences’
Shareholders appear to have been caught off guard after Xavier Garijo left his job as Brambles’ North American boss after just six months, due to differences in leadership styles.
ASX 200 falls on tech losses; Lendlease soars
Anglo fire lights up rival coal miners. Brambles US chief to exit in six months over ‘cultural differences’. Lendlease to sell US military business for $480m. WiseTech billionaire’s $139.5m June selldown.
Limited earnings for Brambles in Loscam buy
Brambles would gain only limited overall earnings increases from an acquisition of the Loscam Southeast Asian business should it emerge as the buyer.
Brambles around the Loscam hoop
The $3bn sale process for Loscam could be about to take an interesting turn that may see big names in Australian logistics turn up for the auction.
ASX up; Star not fit for casino licence: chair
Chair says Star may need further supervision by regulator. Crown Sydney granted full gaming licence. Brambles falls amid ongoing inventory, price strain. Ramsay Health Care lifts on Wesfarmers ‘interest’.
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.
ASX gains as tech stocks rally; Block jumps
Court imposes $30m fine in waste management cartel case. Afterpay owner Block soars on profit swing. ABB rejigs leadership, ups guidance. Brambles, Austal fall. Woodside sells Scarborough stake to JERA.
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.
Big business ready for climate clampdown: Brambles
Major ASX-listed companies will meet in Melbourne this week ahead of the introduction of a new climate reporting regime next year.
Tech helps Brambles lift profit amid economic headwinds
The company, which helps move goods around the world on its CHEP pallets and containers, has reported an increase in profit despite fragile consumer confidence.
ASX ends at two-week high on cooler inflation
The ASX 200 closed 1.2 per cent following lower than expected inflation. Future Fund chair slams Qatar block. Gabon coup delivers fresh blow to Fortescue ambitions. Earnings lift Flight Centre and Brambles.
ASX flat; CBA at two-month high, miners dive
Shares unchanged as miners, energy weigh. Iron ore near 2023 lows. CBA leads banking rally. Gold miners drop on rate fears. JP Morgan questions impact of fewer RBA meetings.
Brambles shares fly on strong result and improved outlook
Brambles’ underlying profit has jumped by a quarter and the pallet company has also flagged that it will come home with a wet sail in the second half.
ASX rises on Brambles; ends week lower
Shares end higher on broad gains led by tech. Brambles jumps on consensus beat. Afterpay profit rise lifts Bloc. Irish regulators targets EML. Allkem jumps on profit surge.
Brambles, Loscam seal pallets merger in China
The owner of CHEP pallets and its major rival will combine their pallets operations to form a new powerhouse in the region.
ASX drops on China fears; BoQ dives 6pc
Chinese unrest weighs on materials and energy. Healius dives on revenue drop, BoQ drops on CEO exit, oil hits 12-month low and Whitehaven chair dumps 200k shares.
Brambles warns on global headwinds after sales lift
The pallets maker retained its annual outlook but expects growth to moderate in second half as global uncertainties weigh.
ASX jumps 1.7pc; tech rockets; St Barbara dives
ASX soars as US futures rally. Tech enjoys biggest gain in four weeks, St Barbara hammered on downgrade, Adbri hits 18-year low and Zenith places Magellan under review.
Brambles bid looks to be off the cards for now
Shareholder reaction from Brambles earnings this week has killed the prospect of any buyout in the near future, say observers.
Brambles boss hopes pallet hoarding will soon end
Brambles is hoping millions of wooden pallets being hoarded by customers will soon be returned, allowing him to chase new business for the first time in 18 months.
ASX in black, Challenger, Super Retail up
ASX ends 0.3 per cent higher, recording its best close in 10 weeks. Investors pile into Challenger, BHP, Wesfarmers, Brambles and Super Retail with a flurry of earnings results. CSL lost ground after profit fell.
‘Right call’: Brambles walks from Costco plastic pallets trial
The longevity of old fashioned wooden pallets looks assured for now as Brambles walks away from a plastic pallets trail with Costco, in a move welcomed by analysts.
Original URL: https://www.theaustralian.com.au/topics/brambles