Page 11 - Cimic Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Greg Peel It would appear the local market went down to the dock yesterday to throw streamers and cheer the arrival of the first shipment of Pfizer vaccine. For despite some solid profit results, little else explained the whiplash. On Friday investors ran scared of the Victorian lockdown, dumping everything that would be impacted, mostly transport related. Yesterday it was a case of lockdown-schmockdown. Everything went back up again. And some. It is reminiscent of a couple of weeks ago when the market went into a mad panic on a sudden jump in bond yields. The following day, it mattered no...

The Cimic Group Ltd (ASX: CIM) share price is edging higher in late morning trade following an update on its Middle East investment.

By Mark Woodruff For the week ending Friday 12 February, there were fifteen upgrades and ten downgrades to ASX-listed companies by brokers in the FNArena database. ASX received three upgrades to Neutral from Sell by separate brokers and Transurban Group received two upgrades to Neutral from Sell. There was some consensus amongst brokers regarding a turnaround for ASX. Ord Minnett considers the company has reached the bottom of its earnings cycle and is expected to see some rebound in FY22, while Citi believes all of the main negatives are now known. Citi upgraded Transurban Group after a -...

Why the Cimic Group (ASX:CIM) share price is on watch today Bernd Struben | December 21, 2020 10:48am | More on: The Cimic Group Ltd(ASX: CIM) share price has slipped today following a new contract announcement for its joint venture Ventia. At the time of writing, the Ventia share price is trading down 1.47% at $25.45. Ventia is an independent partnership between funds managed by affiliates of Apollo Global Management (NYSE: APO) and Cimic. The company provides a broad range of infrastructure services across Australia and New Zealand. What’s moving the Cimic share price? In this morning...