Shares in Regal Partners rose sharply today after the Aussie hedge fund announced it would buy a stake in Taurus, adding to its growing pile of funds under management.
Treasury Wines [ASX:TWE] Buys California Brand for $1.6 Billion
Treasury Wines made a big move into the U.S. market today, announcing the purchase of luxury brand Daou Vinyards in a deal worth up to $1.6 billion.
Harvey Norman Profits Halve in First Quarter
Harvey Norman’s latest trading update flags a big sales slump across the group as the homeware retailer faces the sharp end of a consumer slowdown in spending.
Kogan [ASX:KGN] Returns to Growth
Kogan shares surged today as the company’s latest business update reveals it has turned a corner, returning to growth after a challenging couple of years for the retailer.
Weebit Nano [ASX:WBT] Shares Surge after Major Agreement Signed
Weebit Nano share price is surging today, sidestepping the heavy losses seen in the rest of the sector as hopes of further growth stem from its latest major commercial agreement.
TELIX’s [ASX:TLX] Gains in the Year Halved as Sell-Off Continues
Telix Pharmaceuticals has seen a 25% drop in its share price in the past four days as the market turns on the ASX’s second-largest biotechnology company. Let’s explore why.
Flight Cancelled: Qantas [ASX:QAN] Abandons Takeover Bid
The airline has abandoned its plans to fully acquire charter operator Alliance Aviation after the competition watchdog opposed the bid earlier this year.
HUB24 [ASX:HUB] Sees Industry-Leading Capital Inflows
HUB24 shares are up after the company saw a 21% increase in its Funds Under Administration in the September quarter, reaching $82.7 billion. The company also announced a new retirement solution that will be available on its platform by the end of the year.
The Downward Spiral: Understanding Australia’s Weakening Dollar and Its Economic Implications
The Australian dollar has been weakening in recent months due to several factors, including a slowdown in the Chinese economy and high interest rates in the United States. This has many implications for the Australian economy, which we will explore today.
Selfwealth [ASX:SWF] Shares Skyrocket as Board Rejects Buyout Offer
SelfWealth saw its shares surge as it knocked back an offer from rival brokerage platform Stake today in a high-stakes battle for users in the retail trading space.
