The Kerry Stokes-controlled Seven Group Holdings has strongly rejected the rejection of its takeover bid for the minorities of Boral by the independent directors of the building products company. In a reply to the rejection a week ago of their offer by independent directors of Boral, the Stokes company accused the independent expert (Grant Samuel) […]
Kerry Stokes’ Seven Group Holdings Rebuts Boral’s Rejection Read More »
Boeing’s board has finally tried to assert its authority in its continuing quality control problems and dud machinery by forcing CEO Dave Calhoun to leave the company. It will be a long goodbye for the man who took control in 2019 – after the two 737 Maxx crashes took the lives of 319 people in
Boeing starts management overhaul as CEO departs Read More »
US markets finally took a breather as the Easter break will mean a shorter and quieter trading week. The Dow Jones fell 0.4 per cent. The S&P 500 closed down 0.3 per cent and the Nasdaq Composite finished the day down 0.3 per cent. Turning to US sectors, Industrials and Technology were the worst performers
US markets take a breather from record run Read More »
Altech Batteries Limited (ASX:ATC) Managing Director Iggy Tan provides an update on the company, discussing funding pathways and the results of the DFS. Paul Sanger: I’m Paul Sanger for the Finance News Network and today I’m talking to Altech Batteries (ASX:ATC). Altech Batteries trading under the ASX code “ATC”, with a market capitalisation of around
Sodium nickel chloride – the alternative to lithium batteries Read More »
The S&P/ASX 200 pushed above 7800 with new highs in sight. All ASX Sectors except Consumer Discretionary finished the day in the green with Property the best performer closing up almost 2% and Energy finishing up 1.2%. The S&P/ASX 200 finished the day 0.6 per cent higher at 7816 . In the energy sector the
ASX closes above 7800 level and approaches record high Read More »
Immutep Limited (ASX:IMM) CEO and Executive Director Marc Voigt provides an update on the company’s pipeline of clinical trials, focusing on results in head and neck cancer, lung cancer and breast cancer. Manny Anton: Hello. I’m Manny Anton from the Finance News Network, and today we’re talking to Immutep (ASX:IMM). Immutep is a leading biotechnology
Encouraging results for Immutep’s cancer therapies Read More »
The share price performance by listed Sydney real estate operator John McGrath tells us one simple point – as a float its been a complete dud. It listed in 2o15 in a previous home buying boomlet at $2.10 a share and on Monday it revealed a possible buyout at 60 cents a share. That $1.50
McGrath Real Estate: From float to flop Read More »
NZ-based Fletcher Building will move to an acting CEO after what appears to be a change in plan about the incumbent CEO, Ross Taylor. In the original February announcement, Taylor was prepared to serve for a further six months, if needed after announcing his decision to retire. As the company explained in the statement: “An
Fletcher Building’s Ross Taylor steps aside as Nick Traber assumes acting CEO role Read More »
It’s a factoid that means little, but tells a big, big story about the direction of investing in the global tech giants. The story is about three of the so-called Mag 7 stocks (Apple, Microsoft and Tesla). Apple shares are down 7% this year as at Friday’s close which has seen it cede the title
Tales of the tech giant: Apple slides, Microsoft surges, Tesla’s on a rollercoaster Read More »
Wall Street heads into the short trading week ahead of the long Easter break – and the final four trading sessions of the first quarter of 2024, with traders eyeing the 40,000 mark for the Dow That was after the Dow slipped on Friday, but clinched its best week of the year after back-to-back record-setting
As the first quarter closes Wall Street aims for the 40,000 Dow mark Read More »
