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Australia supermarkets should face hefty fines for code of conduct breach, says report

By Byron Kaye and Renju Jose SYDNEY (Reuters) -Australia's major supermarkets should face hefty fines if they do not comply with an industry code of conduct when dealing with suppliers, a government-commissioned report said while rejecting calls to give regulators the power to break …

EODHD | 08 April 2024

UPDATE 1-Ansell to buy Kimberley-Clark's personal protective equipment unit for $640 mln

(Updates with details on the deal and context throughout) April 8 (Reuters) - Australian glove maker Ansell Ltd said on Monday it will buy the personal protective equipment unit of U.S.-based Kimberly-Clark for $640 million, and expects to complete the acquisition in the first …

EODHD | 08 April 2024

A Look At The Fair Value Of Woolworths Group Limited (ASX:WOW)

Key Insights Woolworths Group's estimated fair value is AU$28.57 based on 2 Stage Free Cash Flow to Equity Current share price of AU$32.47 suggests Woolworths Group is potentially trading close to its fair value The AU$35.46 analyst price target for WOW is 24% more …

EODHD | 08 April 2024

Perseus's Offer for OreCorp Unconditional and Best and Final

Perseus Mining Limited perth, April 08, 2024 (GLOBE NEWSWIRE) -- PERSEUS OFFER UNCONDITIONAL AND BEST AND FINAL Perth, Western Australia/ April 8, 2024/Perseus Mining Limited (ASX/TSX: PRU) (Perseus or PRU) refers to its off-market takeover bid under Chapter 6 of the Australian Corporations Act …

EODHD | 08 April 2024

Global Interest Rate Decisions: A Week of Central Bank Action (or Inaction)

Still, this week promises to be interesting for global monetary policy, as traders and investors will be looking for clues on when interest rates might be going down. As expected in our previous article, the Swiss National Bank (SNB) and the Bank of Japan …

EODHD | 07 April 2024

Is It Time To Consider Buying Alimentation Couche-Tard Inc. (TSE:ATD)?

Let's talk about the popular Alimentation Couche-Tard Inc. (TSE:ATD). The company's shares received a lot of attention from a substantial price movement on the TSX over the last few months, increasing to CA$86.27 at one point, and dropping to the lows of CA$74.18. Some …

EODHD | 07 April 2024

Reckitt Benckiser Group Full Year 2023 Earnings: Misses Expectations

Reckitt Benckiser Group (LON:RKT) Full Year 2023 Results Key Financial Results Revenue: UK£14.6b (up 1.1% from FY 2022). Net income: UK£1.63b (down 30% from FY 2022). Profit margin: 11% (down from 16% in FY 2022). EPS: UK£2.28 (down from UK£3.27 in FY 2022). earnings-and-revenue-growth …

EODHD | 07 April 2024

Wall Street Analysts Just Trimmed Price Targets for These 10 Stocks

In this article, we will discuss the 10 stocks whose price targets were recently trimmed by analysts. If you want to see more such stocks on the list, go directly to Wall Street Analysts Just Trimmed Price Targets for These 5 Stocks. Amidst fading …

EODHD | 07 April 2024

Woodside Energy Group Ltd's (ASX:WDS) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Most readers would already know that Woodside Energy Group's (ASX:WDS) stock increased by 3.0% over the past month. As most would know, long-term fundamentals have a strong correlation with market price movements, so we decided to look at the company's key financial indicators today …

EODHD | 07 April 2024

Are Investors Undervaluing PEXA Group Limited (ASX:PXA) By 20%?

Key Insights The projected fair value for PEXA Group is AU$15.51 based on 2 Stage Free Cash Flow to Equity Current share price of AU$12.34 suggests PEXA Group is potentially 20% undervalued The AU$13.59 analyst price target for PXA is 12% less than our …

EODHD | 07 April 2024

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