Today
- Opinion
- Chanticleer
BHP turns Anglo pursuit into $64b chess game
BHP has bid against itself and disclosed it, in an effort to put pressure on the London-listed miner. The next move is Anglo’s, and only hours away.
- 1 hr ago
- Anthony Macdonald
BHP’s $64b game; Chalmers slams ‘trick’ claim; Meme stock stupidity
Read everything that’s happened in the news so far today.
Hedge funds are once again targeting Qantas
Almost $300 million has been bet against Australia’s largest airline, even as it attempts to repair its relationship with customers after selling tickets on flights that were already cancelled.
- Joshua Peach
ASX to slip, S&P 500 dips as CPI awaited
Australian shares are set to edge lower with the federal budget in focus. The Dow and S&P 500 edged down, the Nasdaq advanced with price data in focus.
- Updated
- Timothy Moore
Yesterday
R&D boost needed for Future Made in Australia plan to fly
Australian firms that develop innovative technologies say they are disincentivised to build their products in Australia and are calling for R&D incentive changes.
- Tess Bennett
Lendlease doubts $112m bill; Musk’s video win; Wall St legend’s truths
Read everything that’s happened in the news so far today.
Airlie’s Emma Fisher is making her next big bets
Mineral Resources and Reece have been career-defining picks. This year, she’s sold down CBA and is going large on one of the most shorted stocks on the ASX.
- Sarah Jones
- Opinion
- Chanticleer
PEXA’s offshore venture shows much-needed proof of life
Going global has brought plenty of successful Australian businesses undone. This unheralded tech unicorn needed proof it was making headway – and it found some 10 days ago.
- Anthony Macdonald
This Month
Investors question Life360’s Nasdaq dual-listing plans
Investors and analysts are concerned about how the San Francisco-based, ASX-listed app developer will fare in a crowded US public market.
- Tess Bennett
- Updated
- Media & marketing
$250m deal to reshape radio market collapses
Southern Cross Austereo’s regional TV stations proved the sticking point for Anchorage Capital Partners’ deal. ARN is left to try and salvage a way forward.
- Updated
- Sam Buckingham-Jones
McKinsey program leaves Bapcor in a hole
Instead of delivering the $100 million in extra profits promised, the strategy overhaul has left the automotive giant in disarray and profits sliding.
- Simon Evans
Markets on edge ahead of budget cash splash
Australian shares are set to edge lower on Monday as they wait to assess the impact of federal budget spending on the central bank’s path to an interest rate cut.
- Cecile Lefort
Dow Jones, S&P 500 edge higher
US equities ended the week with a modest advance, though the megacap techs were mixed and the Nasdaq edged down.
- Updated
- Timothy Moore
- Updated
- Earnings season
Life360 reheats plans to target US investors with Nasdaq listing
The ASX-listed, San Francisco-based family-tracking app does not expect to raise more than $US100 million. It had considered a similar move in 2021.
- Updated
- Tess Bennett
Rio investors’ fear; Tesla slashes Oz jobs; Perpetual’s bigger story
Read everything that’s happened in the news so far today.
ASX to rise as Wall Street extends rally
Australian shares were set to edge higher as US equities lifted, helped in part by solid demand for the sale of 30-year government bonds.
- Timothy Moore
- Opinion
- Chanticleer
What we learnt as CEOs meet capital markets kings, queens
It’s been three days of watching CEOs pitch to fund managers and hearing their off-record feedback at Macquarie’s annual conference. Both sides are more upbeat.
- Anthony Macdonald
Why Rio Tinto is worth more than its $130 price tag
Maple-Brown Abbott’s Emma Pringle is betting the iron ore giant’s share price has more room to run. She’s also bullish on Healius despite a shaky 12 months.
- Joanne Tran
CBA profit falls; Accenture’s $40m pay risk; Best private dining rooms
Read everything that’s happened in the news so far today.
Stock rally ‘too good to be true’, warn CIOs
Investment chiefs say the market looks too expensive given the uncertain economic backdrop and that there’s good reason to be cautious for the rest of this year.
- Joanne Tran
