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Goodman soars on $1.3bn takeover bid
GOODMAN Fielder shares have soared as investors anticipate another takeover bid after the food maker spurned suitors wielding a $1.3 billion cheque.
Caterer in $1bn pitch to punters
SPOTLESS will return to life as a listed company next month after its private equity owners formalised plans for a float.
We will all share the Budget pain
JOE Hockey’s coming “sharing the pain” deficit levy is — very — clever, entirely reasonable and indeed appropriate politics.
End game begins on Goodman Fielder
THERE is a good chance that we are entering an end game with a final auction for Goodman Fielder so that two key shareholders can take out the company.
State shows room for growth
STRONG population growth will continue to drive Victoria’s housing sector, but rising unemployment is clouding the state’s economic outlook, research shows.
Takeover confidence booming
THE big corporations are leading the way in takeover activity as confidence remains fragile among smaller and medium sized firms, a report warns.
Stock Quotes
National Business
Being first born means you’re more likely to succeed
ARE you a first-born woman? A new study shows that you’ve got an automatic leg up in life. Eldest female children are more likely to succeed. Here’s why.
Most Viewed
Business news you need to know today
TENS of thousands of striking Chinese workers at an Adidas factory have returned to work. Meanwhile, French engineering firm Alstom has suspended trading amid GE or Siemens takeover rumours.
Australian market set to fall
THE Australian market is set to begin the week with a fall after weakness in technology stocks caused a drop on Wall Street.
Australian dollar drifts lower
THE Australian dollar has drifted lower following weakness on global share markets late last week.
Australian Market Data at 07:51PM
| Index / Security | Price | Change | Percent |
|---|---|---|---|
| All Ords | 5516.1 | +.60 | + 0.01% |
| S&P;/ASX 50 | 5715.6 | +13.20 | + 0.23% |
| ASX200 | 5536.1 | +5.10 | + 0.09% |
| S&P;/ASX 300 | 5476.4 | +4.50 | + 0.08% |
| S&P;/ASX MidCap | 4576.1 | -21.00 | -0.46% |
| S&P;/ASX Small Orders | 2174.5 | -17.80 | -0.81% |
| S&P;/ASX 20 | 3508.1 | +10.00 | + 0.29% |
| S&P;/ASX 100 | 4605.4 | +7.30 | + 0.16% |
Commodities
| Name | Price | Change | Percent |
|---|---|---|---|
| Gold | 1301.5 | +0.31 | +0.02% |
| Oil | 100.6 | -1.34 | -1.31% |
| Lead | 2137.5 | -7.75 | -0.36% |
| Copper | 6783.0 | +10.75 | +0.16% |
May is a testing time of year
MAY is the chopping month for most businesses. It’s the month redundancies are most likely to happen.
Stock Quotes
ASX 200 at 04:40PM
| Code | Name | Price | Percent |
|---|---|---|---|
| RRS | Range Resources.. | 0.015 | 25.0% |
| GFF | Goodman Fielder.. | 0.635 | 15.4546% |
| LIC | Lifestyle Commu.. | 1.475 | 13.4615% |
| ACR | Acrux Limited | 1.105 | -33.2326% |
| WBA | Webster Limited | 1.055 | -9.8291% |
| MCS | 0.545 | -9.1667% |
Being first born means you’re more likely to succeed
ARE you a first-born woman? A new study shows that you’ve got an automatic leg up in life. Eldest female children are more likely to succeed. Here’s why.
Slum-dweller with business empire
HE RUNS a delivery service, barbershop, sells stoves while going to university and raising his children. Meet the Nairobi slum-dweller with a business empire.
Wall firms face criminal charges and $9m in fines
GROCON and a small signage company face $9m in fines after being criminally charged over the deaths of three people crushed in the Swanston St wall collapse.
Being first born means you’re more likely to succeed
ARE you a first-born woman? A new study shows that you’ve got an automatic leg up in life. Eldest female children are more likely to succeed. Here’s why.
Daley in therapy for dive phobia
BRITISH diver Tom Daley has admitted he is so fearful of his twist dive he is in “therapy” in a bid to cure himself of what he says is a “phobia”.
Simon, Brickell in troubled waters
MUSIC legend Paul Simon and his singer wife, Edie Brickell, have been arrested following an alleged domestic dispute.
What you missed on TV last night
PORT Adelaide’s rise, Richmond’s fall and Fremantle’s struggles dominated discussions on Monday night’s football shows.
Aussies find trigger for coeliac disease
MELBOURNE researchers discover the “trigger point” for coeliac disease, unlocking how the body launches its immune response against gluten.
From Around the Network
The massive Splendour In The Grass 2014 line up has officially landed, check out the full line up here!
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