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Telstra's earnings, price targets cut at UBS
Telstra has had its price target cut by analysts at UBS after reporting "uneventful" earnings and slashing its dividend on Thursday.
Anthony Macdonald co-edits the Street Talk column, specialising in capital markets and mergers and acquisitions.
Telstra has had its price target cut by analysts at UBS after reporting "uneventful" earnings and slashing its dividend on Thursday.
SumoSalad's decision to place some of its franchised businesses into administration appears to have been the first step in a longer term process which may see the 104-store fast food chain bring in new investors or even change hands.
Plenary Group and Cintra-backed Netflow has hired Deutsche Bank and RBC Capital Markets to advise on its likely $5 billion-plus bid for NSW roads project WestConnex.
Tradie training group Australian Industrial Systems Institute has appointed boutique advisor Lempriere Capital to run a strategic review, Street Talk can reveal.
If Origin Energy is right - and bidders are preparing to pay up for its conventional oil and gas spin-off Lattice Energy - it's time fund managers sharpened up their knowledge of Beach Energy.
Forty billion dollar industry superannuation fund Cbus has played a leading role in ending Westpac Banking Corp's latest attempt to sell its...
Robin Bishop, the former boss of Australia's biggest investment banking team at Macquarie Capital, is joining the country's newest private e...
Data centre owner Metronode's auction is formally underway, with interested parties sent a teaser document outlining the business, its indus...
Commonwealth Bank of Australia's life insurance sell-off has a few extra sets of hands providing advice.
It's down to the short strokes as Vocus Group's two private equity bidders return to their investment committees and see whether they can ma...
The hiatus in local sharemarket floats shows little sign of coming to an end in the next three to six months.
One of Royal Wolf Holdings' biggest institutional investors, Sydney-based fund manager Maple-Brown Abbott, has made some interesting comment...
The Evans & Partners International Fund has been dealt another blow after asset consultants Zenith Investment Partners placed the fund on 'r...
Amid all the news from the banks around AUSTRAC, asset sales, hybrids and the likes, Macquarie analysts reckon their August reporting season...
Sydney boutique equities manager Alphinity Investment Management is bulking up, hiring former Fidelity International and Credit Suisse analy...
Commonwealth Bank of Australia may have a long list of regulatory woes but the lender has managed to blindside its major rival's wealth auct...
There is a new source of nerves among lenders to Queensland coal port, the Wiggins Island Coal Export Terminal.
ANZ Banking Group is set to outline details of a new $1 billion long-dated hybrid on Wednesday, sources told Street Talk.
NSW Treasurer Dominic Perrottet will confirm on Wednesday what global tollroad owners and infrastructure investors suspected.
JPMorgan has hired Deutsche Bank's Mathew Hocking in equities research to cover gold and other metals.
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