Qantas [ASX:QAN] Heads Roll as Leadership Bow to Pressure
Qantas announced plans for a board renewal to rebuild its reputation. Chairman Richard Goyder and two other board members will not stand in the next re-election.
ACCC Backs Origin Energy [ASX:ORG] 18.7b Takeover
ACCC Backs Origin Energy [ASX:ORG] 18.7b Takeover
The ACCC has backed the 18.7 billion takeover bid for Origin today, saying that the risks to competition were outweighed by the public benefits of more renewable energy.
Strike Energy [ASX:STX] Walyering Production Update: Fuelling Profits Amidst Gas Price Rise
Strike Energy [ASX:STX] Walyering Production Update: Fuelling Profits Amidst Gas Price Rise
Strike Energy gave investors the first look at production from its newly commissioned Walyering Gas Field in WA.
Adacel [ASX:ADA] Shares Soars on Air Traffic Training Contract
Adacel [ASX:ADA] Shares Soars on Air Traffic Training Contract
Adacel has seen its shares rocket today after being awarded a major US$59 million contract with the US Federal Aviation Administration to service its air traffic training systems for five years.
Computershare [ASX:CPU] Sells US Business for AU $1.13 billion
Computershare [ASX:CPU] Sells US Business for AU $1.13 billion
Computershare has sold its US-based mortgage services business for $1.13 billion as part of its strategic realignment to cut costs and deliver more to shareholders, it said in an announcement today.
Pacific Edge [ASX:PEB] Shares Collapse After FDA Snub
Pacific Edge [ASX:PEB] Shares Collapse After FDA Snub
Cancer diagnostic company Pacific Edge saw its shares fall heavily today after the FDA announced plans to regulate the company’s flagship bladder cancer treatment Cxbladder.
Brickworks [ASX:BKW] Sees Profits and Share Price Collapse
Brickworks [ASX:BKW] Sees Profits and Share Price Collapse
A tough day on the market for Brickworks today, which reported a 54% drop in profits this morning in its latest financial results. Shareholders bolted as rising costs across the board squeezed the company’s margins into dangerous territory.
Star Entertainment [ASX:SGR] Shares Plummet in Latest Gamble
Star Entertainment [ASX:SGR] Shares Plummet in Latest Gamble
The Star Entertainment Group saw its shares drop heavily today after it completed a $565 million capital raise with institutional investors as the casino operator attempts to shed debt.
Pro Medicus [ASX:PME] Shares Jump After Signing 10-year Contract
Pro Medicus [ASX:PME] Shares Jump After Signing 10-year Contract
Pro Medicus, a healthcare informatics company, has signed a $140 million contract with Baylor Scott & White Health, a US not-for-profit organisation, to supply its Visage 7 cloud-based diagnostic imaging platform.
Qantas [ASX:QAN] Signals Cost Blowout
Qantas [ASX:QAN] Signals Cost Blowout
Qantas begins a spending campaign to restore customer relations, and signals heightened costs from rising fuel prices in what looks to be an expensive few years for the airline
