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Goodman soars on $1.3bn takeover bid
![Goodman Fielder Ltd.'s 'Helgas' brand bread and 'Meadow Lea' margarine are arranged for a photograph in Sydney, Australia, Fe...](http://web.archive.org./web/20140428171858/http://resources3.news.com.au/images/2014/04/28/1226898/770155-a958bb4e-ce63-11e3-8fb0-f8d7f99ee21f.jpg)
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
![Caterer in $1bn pitch to punters](http://web.archive.org./web/20140428171858/http://resources0.news.com.au/images/2014/04/28/1226898/786104-06abed96-cebb-11e3-8fb0-f8d7f99ee21f.jpg)
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
![We will all share the Budget pain](http://web.archive.org./web/20140428171858/http://resources2.news.com.au/images/2014/04/28/1226898/746722-258fab32-cebe-11e3-ae84-eacdfc097015.jpg)
JOE Hockey’s coming “sharing the pain” deficit levy is — very — clever, entirely reasonable and indeed appropriate politics.
End game begins on Goodman Fielder
![End game begins on Goodman Fielder](http://web.archive.org./web/20140428171858/http://resources1.news.com.au/images/2014/04/28/1226898/764225-e4aa0434-cec0-11e3-ae84-eacdfc097015.jpg)
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
![State shows room for growth](http://web.archive.org./web/20140428171858/http://resources2.news.com.au/images/2014/04/27/1226897/561002-b48cd580-cdec-11e3-8fb0-f8d7f99ee21f.jpg)
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
![Undated: Generic handshake.](http://web.archive.org./web/20140428171858/http://resources3.news.com.au/images/2014/04/27/1226897/572927-a0c281f4-cdf0-11e3-8fb0-f8d7f99ee21f.jpg)
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
![Business news you need to know today](http://web.archive.org./web/20140428171858/http://resources3.news.com.au/images/2014/04/28/1226897/919951-52641dfc-ce58-11e3-8fb0-f8d7f99ee21f.jpg)
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
![Markets Dive Sharply On Mixed Earnings Reports](http://web.archive.org./web/20140428171858/http://resources1.news.com.au/images/2014/04/28/1226897/898845-f0dc4dca-ce52-11e3-8fb0-f8d7f99ee21f.jpg)
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
![Australian dollar drifts lower](http://web.archive.org./web/20140428171858/http://resources2.news.com.au/images/2014/04/28/1226897/887902-98c12afa-ce4f-11e3-8fb0-f8d7f99ee21f.jpg)
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
![Ross Greenwood talks at the Inner West Small Business Expo at West Ashfield.](http://web.archive.org./web/20140428171858/http://resources1.news.com.au/images/2014/04/29/1226898/929333-21c4549a-cee0-11e3-8fb0-f8d7f99ee21f.jpg)
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
![Being first born means you’re more likely to succeed](http://web.archive.org./web/20140428171858/http://resources3.news.com.au/images/2014/04/28/1226898/810767-e831b6ac-ce92-11e3-8e96-6a6704b39a47.jpg)
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
![Slum-dweller with business empire](http://web.archive.org./web/20140428171858/http://resources2.news.com.au/images/2014/04/23/1226893/953306-25111308-ca7c-11e3-9484-00a97bf135c7.jpg)
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
![A view of Swanston Street where a brick wall collapsed on March 28, 2013 in Melbourne, Australia](http://web.archive.org./web/20140428171858/http://resources0.news.com.au/images/2014/04/29/1226898/914216-759cfe94-ce97-11e3-ae84-eacdfc097015.jpg)
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
![Being first born means you’re more likely to succeed](http://web.archive.org./web/20140428171858/http://resources3.news.com.au/images/2014/04/28/1226898/810767-e831b6ac-ce92-11e3-8e96-6a6704b39a47.jpg)
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
![FINA/NVC Diving World Series 2014 - Day Three](http://web.archive.org./web/20140428171858/http://resources1.news.com.au/images/2014/04/29/1226898/976061-50afef18-ceee-11e3-8fb0-f8d7f99ee21f.jpg)
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
![Paul Simon](http://web.archive.org./web/20140428171858/http://resources3.news.com.au/images/2014/04/29/1226898/976687-9f910bdc-ceec-11e3-8e96-6a6704b39a47.jpg)
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
![SA_ADV_NEWS_PORTTOP_27APR14(2)](http://web.archive.org./web/20140428171858/http://resources3.news.com.au/images/2014/04/29/1226898/914059-684dd648-cedb-11e3-8fb0-f8d7f99ee21f.jpg)
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
![FOOD & DRINK - Brasserie Bread](http://web.archive.org./web/20140428171858/http://resources1.news.com.au/images/2014/04/28/1226898/757245-4a684266-cebe-11e3-ae84-eacdfc097015.jpg)
MELBOURNE researchers discover the “trigger point” for coeliac disease, unlocking how the body launches its immune response against gluten.