Barrenjoey, JPMorgan in $400m Ventia Services block
CIMIC and Apollo have cut their stakes in Ventia Services for the first time since the group listed.
Source: afr.com
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ASX Live: ASX to edge up; Brambles upgrades guidance
Australian shares in the green. Westpac lifts RBA peak to 4.1 per cent. Star Entertainment shares up 8 per cent. Brambles upgrades guidance.
Source: afr.com
Equities desks knocked back on blocks but chase anyway
The reporting season blocks trade’s slow to get moving – but not for a lack of trying by equities desks.
Source: afr.com
Downer EDI loses trust after accounting errors
The company’s half-year earnings, which have been pushed back, will get more scrutiny than usual as investors demand explanations for an ‘accounting irregularity’.
Source: afr.com
Morningstar's top stock picks for an 'unsettled' 2023
Portfolios should be diversified with a defensive bias and meaningful cash holdings to take advantage of opportunities later next year, the firm said.
Source: afr.com