The Australian Competition and Consumer Commission (ACCC) has moved Insurance Australia Group’s (IAG) planned purchase of RAC Insurance (RACI) into a Phase 2 review, saying the transaction could “substantially lessen competition”. RACI is part of the Royal Automobile Club of Western Australia (RAC WA). …
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Bapcor’s analyst price target has been reset sharply from A$3.21 to A$0.97. This move materially changes the valuation anchor you might have been …
(Bloomberg) -- Oil and natural gas prices soared after the US Navy seized an Iranian ship during a chaotic weekend that saw Tehran firing at vessels and reimposing controls in the Strait of Hormuz. Most Read from Bloomberg Hormuz Chaos, Lebanon Clashes Dent Trump …
April 20 (Reuters) - Australia's NEXTDC said on Monday it plans to raise A$1.5 billion ($1.07 billion) to accelerate the rollout of its S4 Sydney data centre and align with initial delivery timelines. The entitlement offer gives existing shareholders the chance to acquire new …
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Recent performance snapshot for Lynas Rare Earths Lynas Rare Earths (ASX:LYC) has been on …
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. For investors considering whether ANZ Group Holdings at around A$37.92 still offers value, or if most of the opportunity is already reflected in the share price, this …
The Australian market is experiencing a slight dip as investors remain cautious amid uncertainties surrounding potential fuel rationing and the impact of geopolitical tensions on global markets. In this climate, high growth tech stocks in Australia with promising potential are those that demonstrate resilience, …
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Centuria Capital Group’s fair value estimate has been nudged from A$2.18 to about A$2.16, a small change that still matters if you are watching …
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss …
What Happened? A number of stocks jumped in the afternoon session after oil prices dropped, as Iran announced the reopening of the Strait of Hormuz. For homebuilders, energy is a major input cost for the manufacturing and transport of building materials like lumber, concrete, …