LA Private

November 2, 2023

Stocks of the Hour: Origin Energy, Sunstone Metals, Chimeric Therapeutics

To register for Friday’s webinar click here. Origin Energy (ASX:ORG) announced that the Brookfield-led consortium of investors and EIG has significantly increased the cash consideration to best and final proposal of $9.53 per share. In response, Origin Chairman Scott Perkins said, “the revised consideration is now above the top end of the Independent Expert’s 30 […]

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ASX up 1.25% at noon: AUD rises following Mr. Powell’s comments

The Australian dollar rose to a three-week high of US64.10c after Federal Reserve Chairman Jerome Powell’s statements were seen as suggesting that interest rates had reached their peak, boosting risk asset demand. Despite the Fed leaving rates unchanged, investors interpreted Powell’s comments as a signal of a balanced policy outlook, leading to doubts about future

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