Shares of Atlas Iron Ltd [ASX:AGO] increased in value another 22.22% yesterday, following news of a takeover bid by Redstone Corporation Pty Ltd.
Telstra [ASX:TLS] hasn’t had the best luck on the ASX this year, but this morning it saw a pleasant 2% increase. This continues an upward trend that began yesterday, on the back of a positive broker note from Ord Minnett.
Kogan is a great company. So why were founders Ruslan Kogan and David Shafer trying to sell large chucks of their holdings? What can we learn from this?
Cheung Kong Infrastructure Holdings (CKI) — A Hong Kong-based power utility and infrastructure company — has recently made a multi-billion dollar investment in APA Group Stapled Securities [ASX:APA].
Shares of Kogan.com Ltd [ASX:KGN] have seen a dramatic fall in early morning trading, down in value by almost 10%. This afternoon has seen a bounce-back, but shares are still down by 6.37% at time of writing.
Shares of Rio Tinto Ltd [ASX:RIO] have fallen in value by 1.23%, alongside fellow mining giant BHP Billiton Ltd [ASX:BHP], which slid down the ASX in early morning trading to a similar degree.
Wesfarmers Limited [ASX:WES] has had a very eventful first half of the year. Its business structure has been seen many changes, the intention being to demerge from Coles. However, in the wake of its business decisions it has grown by 17.55% in the span of a year.
Today APN’s share price grew by 2.10%, over the course of a year its shares have grown by 23.09%. APN have taken another step forward to innovate its brand by taking advantage of the Cannes event.
By entering into a binding agreement with Omix Ventures Private Ltd, also known as Shivom, it’s now able to create new opportunities while expanding its business platform. Genetic Technologies specialises in diagnostics and research, focusing on data variations to help counter breast cancer.
Myer opening its Hobart store, shows that it is keen to grow its brand while maintaining its exposure as much as possible. The store takes up more than 12,500 square metres, and features five floors of fashion, home appliances and entertainment with plenty of brands.