The proposal, pitched at $3.60 a share, values FleetPartners at roughly $770 million and would combine two of the sector’s largest players. For a mid-cap company that has traded below the interest of many large investors, the approach is a reminder that private capital …
After a difficult first half that had rattled investors, the full-year result marked a clear recovery and reinforced the story of a business whose growth engine has shifted offshore. It also landed on a strong day for the market, adding to the positive tone.
The trust reported a strong lift in leasing activity, a return to positive property valuations and stable income guidance for the year ahead. For a sector that has become a byword for caution, the numbers offered a tentative but meaningful signal that the cycle …
For a company that has become a market darling, the prospect of adding Bennelong’s affiliates raises an intriguing question: is Pinnacle assembling the scale to become an even more dominant force in Australian asset management? Pinnacle shares rose 3.38 per cent to $16.52 amid …
That outperformance, modest in absolute terms but clear in relative terms, is the kind of signal that market strategists watch closely for evidence that appetite for risk is genuinely improving. A single session rarely settles the question, but the direction of travel was unmistakable, …
The initiative, referred to internally as Project iQ, would use artificial intelligence to overhaul administrative functions. Qantas has been careful to stress that the talks are preliminary and that no formal agreement or final decision has been reached, with any determination expected later this …
Breadth matters to investors because rallies built on wide participation tend to be more durable than those driven by a narrow group of megacaps. On this measure, the session offered encouragement, with gains spread across sectors and a long tail of smaller companies joining …
The advance was not the product of a single blockbuster earnings report. Instead it reflected two forces arriving at once: a sharp fall in global crude prices that eased inflation anxieties, and a record-setting session on Wall Street that handed local investors a confident …
The question now preoccupying local investors is not whether the market can reach 9,000 but whether it can stay there. History shows that round-number milestones are often tested repeatedly before they hold, and the durability of this move will be decided by domestic earnings …
The explosion in demand for data centres, driven by cloud computing and the artificial-intelligence boom, has created winners well beyond the technology giants themselves. SKS Technologies, an electrical, communications and audiovisual contractor, has emerged as one of the ASX’s purest exposures to the construction …