Browsing Tag
Australian Securities Exchange
87 posts
Brookfield agrees $2.9bn Reliance Worldwide takeover after four approaches
Brookfield has agreed a US$2.9 billion takeover of Reliance Worldwide, with a go-shop period leaving room for a higher competing offer.
Austal (ASX: ASB) jumps 7.1% as US$1.35bn bid tops Hanwha offer
Austal rose 7.1% after Wildcat offered up to US$1.35bn for Austal USA, topping Hanwha. What could a sale leave for ASB shareholders?
Civmec (ASX: CVL) FY26 profit climbs 23% as A$1.4bn order book backs growth outlook
Civmec Limited delivered double-digit revenue and earnings growth in FY26 while retaining a A$1.4 billion order book and a near-net-cash balance sheet. The muted share-price reaction contrasts with a business whose earnings grew faster than revenue and whose secured workload already exceeds one-and-a-half years of FY26 sales.
Dicker Data (ASX: DDR) shares hit 52-week high as H1 profit jumps 54% on AI demand
Dicker Data delivered a sharp acceleration in first-half earnings as Australian technology refresh, software and AI infrastructure demand lifted revenue and margins, sending the stock to a 52-week high. The FY26 guidance, however, points to a second half where revenue can keep expanding even as profit margins retreat from unusually strong H1 levels.
PEXA (ASX: PXA) crashes 17% as FY27 profit guide exposes property slowdown
PEXA crashed 17% despite stronger FY26 profit as FY27 property volumes and margins weaken. Has PXA already priced in the downturn?
Qantas (ASX: QAN) jumps 4.8% as A$3.6bn fuel bill tests FY27 margins
Qantas rose 4.8% after FY26 results. Can 8% to 10% unit-revenue growth offset a A$3.6bn H1 fuel bill and heavy fleet spending?
Credit Corp (ASX: CCP) lands A$150m HSBC card book as FY27 profit guidance climbs
The HSBC Bank Australia portfolio purchase lifts Credit Corp’s FY27 purchased-debt investment target by A$100 million at the midpoint, while investors sent the shares 3.4% higher.
Baby Bunting (ASX: BBN) rises 5.8% as FY27 profit guide points to 8.6x P/E
Baby Bunting rose after FY26 profit jumped 34%. Can a 42% margin target and store refurbishments sustain the BBN recovery?
Treasury Wine Estates (ASX: TWE) rallies despite A$558m US reset charge
Treasury Wine Estates rallied despite a A$558m US charge. Can stronger FY26 earnings, Penfolds and lower inventory sustain the TWE recovery?
Corporate Travel Management (ASX:CTD) wins UK Defence contract with ÂŁ28m six-month TTV forecast as ASX deadline nears
Corporate Travel Management has secured further UK Ministry of Defence work supporting the Afghan Resettlement Programme, with £28 million of transaction value forecast over the first six months. The award strengthens the operational case for customer continuity, but delayed financial statements and CTD’s continuing ASX suspension remain the more immediate investor tests.