Page 22 - Telstra Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Arundhati Dutta 3 minute read A man and power lines are reflected in a Telstra poster adorning a public telephone in Sydney, Australia, August 13, 2015. REUTERS/David Gray/File Photo Summary Shares jump to highest since Feb. 2020 Deal will allow co to ramp up retail business - analyst June 30 (Reuters) - Australian telecom firm Telstra Corp (TLS.AX) said it will sell a 49% stake in its mobile tower business for A$2.8 billion ($2.1 billion) and return half the sale proceeds to investors, sending its shares to their highest level in over a year. A consortium of Australia's sovereign wealth Futu...

3 Min Read (Reuters) - Australian telecom firm Telstra Corp said it will sell a 49% stake in its mobile tower business for A$2.8 billion ($2.1 billion) and return half the sale proceeds to investors, sending its shares to their highest level in over a year. FILE PHOTO: A man and power lines are reflected in a Telstra poster adorning a public telephone in Sydney, Australia, August 13, 2015. REUTERS/David Gray/File Photo A consortium of Australia’s sovereign wealth Future Fund and pension funds Commonwealth Superannuation Corp and Sunsuper would buy the stake in InfraCo Towers, Telstra said, ...

End of Quarter I After two sessions in which the futures had suggested significant gains in the morning, only for the ASX200 to close down on the day, yesterday the futures got it right. They had closed up 56 before the open and the index ultimately closed up 52. But it was a rock’n’roll ride to get there. At 1pm the index was up 124 points, at the closing bell it was up 81 points, and after the closing settlement, up only 52, below 6800. Classic last-day stuff, although we could probably count the last three sessions as end-of-quarter squaring/window dressing. Yes, we have Brisbane and B...

Australian shares closed slightly lower on Monday as losses in healthcare and tech stocks outweighed gains in miners, while Macquarie Group jumped after raising its profit guidance.

Australian shares slipped on Friday, weighed by energy and gold stocks, as U.S. President Joe Biden's comments on China stoked worries that relations between the two nations could sour further.