The board of Costa Group, Australia’s largest fruit and vegetable company, has agreed to a revised takeover bid by a consortium led by Paine Schwartz Partners. The deal will be a welcome relief to shareholders concerned about recent poor performance souring the deal.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
Are Most ASX Stocks Efficiently Priced?
Are most stocks on the ASX fairly priced? How efficient is the market? I put market efficiency to the test by selecting five ASX 200 stocks at random to see whether their intrinsic value approximates their market price. Read on for the results…
Shell Admits Australian Unit Hit by Largest Hack of 2023
Shell has announced today that its Australian arm has been affected by the massive MOVEit cybersecurity breach that occurred in June 2023, affecting thousands of companies and dubbed the largest hack of this year.
Myer [ASX:MYR] Sees Sales Soften
Myer met its early August guidance for its July 2022–23 financial year with solid earnings growth but experienced a weak start to the 2023–24 financial year as sales fell off in the second half of the year.
Select Harvest’s [ASX:SHV] Shares Rise as Future Looks Bright
Select Harvests shares are up by 9.2% today as the company announced a positive outlook for next year’s crop of almonds for the company. It’s a godsend for Australia’s second-largest almond grower after two years of harsh growing conditions.
Qantas [ASX:QAN] Shares Face Turbulence as CEO Steps Down Early
Qanas CEO Alan Joyce has stepped down two months early, finishing his 15-year tenure at the top. The decision to leave appears to have been spurred by a series of scandals that have roiled the company in the past few weeks.





