Pro-Pac (ASX: PPG) shares plunge as company cuts FY22 profit guidance

Highlights BlueScope Limited has inked a deal to purchase the Coil Coatings business for US$500 million. The purchase price of US$500 million is almost 8.9 times the pro-forma EBITDA of US$56 million in CY2021. The transaction is expected to c...

Highlights Decmil’s operation was highly disrupted in Melbourne and Western Australia due to the impacts of COVID-19. Decmil’s new expected EBITDA is AU$15- AU$10 million. Decmil’s CEO decides to step down from his position. ...

reen today. Transurban Group (ASX:TCL), which owns, operates and develops electronic toll roads and intelligent transport systems, has recently (on 6 April 2022) closed AU$540 million of debt financing, according to an ASX filing. This is part ...

Highlights IPD shares surged over 5% today following the completion of an assets acquisition. The Group funded the transaction with its operating cash flow. The stock has gained over 51% over the past 12 months. The shares of ASX listed I...

Highlights Close the Loop has completed the acquisition of Crasti & Company one month earlier than planned. The company stated that the early acquisition will raise the Group’s earnings in FY 2022 with additional one-month contributio...

Highlights Reece shares closed 4.748% lower at AU$19.060 per share on ASX today. The company is expected to make a dividend payment to its shareholders on 12 April 2022. Today the benchmark ASX 200 Industrials index closed 0.166% higher at 639...

Highlights The share price of Boral Limited (ASX:BLD) traded in the green on Wednesday (30 March 2022). Today, the stock closed 2.616% higher at AU$3.530 per share on ASX. The uplift in the company's share price can be linked to the Morrison G...

Highlights Qube has sold its option to buy land at Beveridge to develop a rail freight terminal to National Intermodal Corporation. However, the company did not disclose the consideration price. The stock has gained over 3% in the last 12 mont...

Highlights MAAS Group Holdings has completed the acquisition of Blackwater Quarries Pty Limited. In Central Queensland, Blackwater Quarries owns one concrete plant and four quarries. Blackwater Quarries & Concrete was formed in response to...

Highlights James Hardie Industries Plc shares ended 2.06% lower at AU$45.13 apiece on Tuesday (22 March). JHX shares have underperformed its industry benchmark by a wide margin today. JHX has a proven track record of delivering growth through ...