Yesterday
BlueScope rides robust steel demand in the US and Australia
Australia’s biggest steelmaker has lifted its profit forecast for the December half by as much as 17 per cent.
- Simon Evans
- Opinion
- Chanticleer
Tesla’s $2.8b profit helps explain Mercedes’ dealer war
Tesla’s rising profitability underscores its leadership over traditional carmakers and shows why the old guard need to make radical changes.
- Updated
- James Thomson
A2 Milk may face second class action claim
Shine Lawyers is the second firm to investigate action against the company, with Slater and Gordon already filing a claim on behalf of investors in early October.
- Carrie LaFrenz
Tesla shows progress on profit as investors seek perfection
Tesla reported higher than expected third quarter earnings per share even as sales fell short of Wall Street estimates.
- Dana Hull
This Month
ASIC’s star witness in Jan Cameron case scant on details
Jon Adgemis says he was not involved in the formation of a company that lent money to Black Prince – the largest investor in Bellamy’s Australia.
- Carrie LaFrenz
A2 Milk shares rally after Citi keeps ‘buy’ call
Rival Danone SA showed growth in its China baby formula business channels in the September quarter, which bodes well for a2 Milk.
- Carrie LaFrenz
ASIC says Black Prince was ‘revived’ to hold Jan Cameron’s holding in Bellamy’s
The prosecution alledges that a Malaysian company lent money to Black Prince on certain terms, which were changed after the listing of the baby formula player on the ASX.
- Carrie LaFrenz
Vulcan steels itself for pent-up demand as lockdowns end
Old-fashioned cold calling by salespeople has helped Vulcan expand its customer base to above 7000 in two years.
- Simon Evans
Freedom Foods not out of the woods yet
Auditor Deloitte says two class actions and US legal proceedings means the manufacturer is facing material uncertainty that may cast significant doubt on its ability to continue as a going concern.
- Carrie LaFrenz
Orica targets 2050 net zero, Incitec Pivot hit with climate resolution
Explosives manufacturer Orica has told investors it is targeting net emissions zero by 2050, setting it apart from rival Incitec Pivot.
- Elouise Fowler
Close the Loop Group ready to print IPO
Print cartridge recycler Close the Loop sees its future growth coming from urban mining, in which is breaks down e-waste, batteries and even cosmetics.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
- Exclusive
- Food
Terry Paule aims to expand his vegan cheese sales offshore
The Findex chairman and the founder of BioCheese has tapped investment bank MA Financial Group (Moelis) to help find a capital investor to support future growth plans.
- Carrie LaFrenz
- Opinion
- Chanticleer
This Aussie fund may be world’s biggest Tesla bull
A Sydney-based fund believes Tesla shares are worth four times their current value. But it’s Holon’s view on the electric vehicle surge that should get investors thinking.
- James Thomson
Green light for China jab could revive daigou
Australia’s approval of Sinovac for international travel has led to a flurry of positive talk on Weibo and WeChat, which could help to revive the sidelined daigou channel.
- Updated
- Carrie LaFrenz
- Exclusive
- Class action
Slater and Gordon slaps class action on a2 Milk
The class action alleges that the baby formula and fresh milk company engaged in misleading or deceptive conduct, and breached continuous disclosure rules.
- Carrie LaFrenz
It may be time to buy a2 Milk, analysts say
The stock is down nearly 50 per cent in the calendar year to date, closing on Friday at $6.26. Just fifteen months ago it was fetching nearly $20 a share.
- Updated
- Carrie LaFrenz
September
Yume turns surplus food ‘hot potato’ into gold
Yume, an online platform for professional leftovers, has revamped its technology to make it easier for food manufacturers to donate unsold food.
- Sue Mitchell
Orica charting steady course after bruising 18 months
Orica’s share price jumped 3 per cent to $12.04 on Wednesday after issuing upbeat advice indicating the explosives company could be turning a corner.
- Elouise Fowler
Vulcan Steel to forge a strong growth path
The boss of the big Australasian steel distributor is eyeing benefits from customers reducing their reliance on China and says expansion is in its ‘DNA’.
- Simon Evans
Food supplies under threat unless contacts can continue to work
Food shortages are on the cards unless the ‘close and casual contacts’ definition is changed to allow fully vaccinated food & grocery staff to keep working.
- Sue Mitchell
