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CIMIC’s (ASX:CIM) CPB and UGL selected for stage one M6 motorway development SubscribeBe the first with the news that moves the market CIMIC Group's (CIM) CPB Contractors and UGL have been selected by the NSW Government to deliver stage one of Sydney's M6 motorway The M6 motorway is a planned multi-lane road that will provide better connectivity to Sydney's south Stage one consists of a four-kilometre twin tunnel that will connect the M5 at Arncliffe to President Avenue in Kogarah Upon completion, the motorway is expected to improve journey times, remove trucks and large vehicles from subur...

Trolley Wars The ASX200 opened strongly yesterday but fell to be only up 7 late morning. At lunchtime it hit a high of up 32, approaching 7100, but slipped again to close up 17. The index continues to hold above 7000 but is struggling for any conviction to push higher. That lack of conviction is underscored by recent volumes being to the low side. Perhaps we’re all waiting for the May budget to spark some life into the market, or not. Meanwhile, the focus has been on the flood of corporate quarterly updates. This week the big supermarkets have been in focus. It is a truth universally acknow...

The J&J rollout is the US has been paused just as daily jabs hit a record, and meanwhile inflation fears ease. Dow down -68, Nasdaq up 1%. (Available for non-subscribers after 10am)

Jarden's daily on the latest market moves and shakes.

The concept that it often makes good business sense to delay paying suppliers, keeping cash free for other purposes, has been taken to new levels of complexity. A global industry has grown up of financial go-betweens who buy unpaid invoices at a discount. The firms give vendors cash sooner than if they’d waited for customers to pay -- if they’re willing to accept less than what they’re owed. Supply chain financing, as it’s known, is heralded by its champions as a “win-win” for all sides, but cri