Utilities

Shares of Qube Holdings Ltd (ASX:QUB) rallied as much as 7.1% to A$3.95 on Thursday, marking their sharpest intraday gain since early May. The spike took the stock to its highest level since April 2, 2024, following positive regulatory news regarding a major acquisition.

Shares of Amotiv Ltd (ASX:AOV.AX) slumped by as much as 19.7% on Thursday, hitting AU$7.06—its lowest trading level since 24 October 2022—after the company issued a cautious earnings forecast for the coming fiscal year.

Collins Foods Ltd (ASX:CKF), the Australian operator behind the KFC brand and a growing Taco Bell network, has faced a challenging few years. Rising operational costs and the impacts of the high cost of living on consumer demand have taken a toll on the …

Downer EDI Limited has secured a significant Electricity Field Services Agreement with Powerco, one of New Zealand’s largest electricity distributors. The deal, valued at approximately NZ$600 million (AU$540 million), will run for a maximum of twelve years, with an initial five-year term worth NZ$250 …

Southern Cross Electrical Engineering Limited (ASX:SXE) has signed a Share Purchase Agreement to acquire Force Fire Holdings Pty Ltd for a total consideration of up to AU$53.5 million. The deal includes an initial payment of AU$36.3 million, with additional earnouts tied to EBIT growth …

Orora Ltd (ASX:ORA) has stated that a French regulatory probe into the country’s glass packaging sector is unlikely to significantly impact its operations, despite its ownership of Saverglass, a key player in the industry.

Shares of Domain Holdings Australia Ltd (ASX:DHG) edged lower on Monday, slipping 0.2% to AU$4.30 in morning trade. While the stock has surged 70% this year, today's decline follows broader market weakness, with the All Ordinaries Index (ASX:XAO) down 1.3% at the same time.