WiseTech, Appen in Binary Opposition
Contrasting results from tech darlings Appen and Wisetech on Wednesday, as the former misses its own guidance for earnings and the latter ups its forecast.
Read MoreContrasting results from tech darlings Appen and Wisetech on Wednesday, as the former misses its own guidance for earnings and the latter ups its forecast.
Read MoreDare we say that the long-running $3.4 billion battle for control of the listed Investa Office Fund could be about to be decided in favour of the Canadian stalker?
Read MoreOutdoor advertising company APN Outdoor Group’s shares surged more than 8% yesterday at one stage yesterday after it said its full year 2018 earnings before interest, tax, depreciation and amortisation (EBITDA) guidance would be between $92 million and $96 million.
Read MoreStrong opposition from the competition regulator, the ACCC has forced two of the country’s biggest outdoor advertising groups, APN Outdoor and Ooh media to call off their $1.6 billion marriage.
Read MoreOdds are that it will still happen, but the proposed $36 million purchase of APN’s News and Media’s regional daily and other papers (housed in Australian Regional Media, or ARM) by News Corp may not be the done deal many (including News and APN) think it should be.
Read MoreAPN News & Media has sold its regional newspaper business to its largest shareholder, News Corp, for $36.6 million, completing the company’s exit from print after last week’s demerger of its NZ print and radio assets.
Read MoreShareholders in APN News and Media yesterday approved the break up of the group by greenlighting the spin – off its New Zealand print and radio interests into a standalone company.
Read MoreStruggling regional media group, APN News & Media (APN) is expected to announce a capital raising and demerger of its New Zealand business NZME at its AGM in Sydney tomorrow.
Read MoreNewspaper and radio group, APN News & Media Limited says the Queensland floods and New Zealand earthquakes will clip first half earnings by more than $10 million.
Read MoreThe return to profit by APN News & Media was widely anticipated by the market, so perhaps that’s why some investors took their profits and sold yesterday.
Read MoreBarring unforeseen circumstances the $2.98 billion privatisation of APN News and Media is a dead duck after Perpetual confirmed it would be voting against the proposal at Friday’s shareholders meeting.
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