Industrial Stocks

Revised proposal from APA Group outflanks Brookfield’s $7 billion AusNet deal

Who would acquire AusNet- APA Group or BrookFields

Highlights APA Group has made a revised offer to AusNet to acquire 100% shares of AST. APA Group offered a combination of cash, and 0.0853 APA stapled securities to acquire AusNet shares. AusNet would consider the APA’s revised offer pos...

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Transurban Group (ASX: TCL)- ACCC paves the way to Transurban’s WestConnex bid

Transurban Group (ASX: TCL)- ACCC paves the way to Transurban’s WestConnex bid

ACCC gives a green card to the bid proposed by TCL led consortium for the acquisition of majority interest in the WestConnex motorway, following the acceptance of detailed undertaking published by Transurban group. Transurban Group is a lead member ...

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Reliance Worldwide Corporation Ltd came under pressure on missing analysts’ estimates for 2018 profit

Reliance Worldwide Corporation Ltd came under pressure on missing analysts’ estimates for 2018 profit

Decent Performance in FY 18: Reliance Worldwide Corporation Ltd (ASX: RWC) saw its stock tumbling 8.41% on August 27, 2018 after the company for FY 18 reported 20% growth in underlying net profit to $78.6 million. This is below the analysts? estimate...

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Qube Holdings Limited (ASX: QUB)- Qube rockets as it pays special dividend out of $199.3 million profit

Qube Holdings Limited (ASX: QUB)- Qube rockets as it pays special dividend out of $199.3 million profit

Qube Holding limited (ASX: QUB) reported net profit after tax of $199.3 million, up 158% on prior year. EBITDA increased 63% to $413.2 million in fiscal year ended 30 June 2018. However, after excluding non-cash and non-recurring items, the group po...

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James Hardie Industries Plc Plunges on Quarterly Result

James Hardie Industries Plc Plunges on Quarterly Result

Strong First quarter 2019 performance but caution for US Housing Market Condition: James Hardie Industries Plc?s (ASX: JHX) stock plummeted 8.269% to $21.3 on August 10, 2018, 2:50 PM AEST, after the company cautioned in the June Quarterly result abo...

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Orora Limited (ASX: ORA) - Earnings take a leap forward

Orora Limited (ASX: ORA) - Earnings take a leap forward

Orora Limited (ASX:ORA) has announced that with underlying NPAT and EPS up by 12.0% and 11.5% respectively, it has reported strong profit growth for the year ended 30 June 2018. Net profit after tax was up by 12.0% to $208.6 million on the prior corr...

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Transurban Group’s Update on WestConnex motorway

Transurban Group’s Update on WestConnex motorway

Acquisition of WestConnex motorway: Transurban Group?s (ASX: TCL) stock rose 0.628% to A$12.025 on August 9, 2018 (before market close) after ACCC commenced consultation on a proposed undertaking offered by TCL for the acquisition of the majority int...

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Transurban Group Edges up with Earnings update for FY18

Transurban Group Edges up with Earnings update for FY18

Transurban Group (ASX: TCL) revealed its FY18 earnings wherein proportional Toll revenue increased 8.7 per cent to $2,340 Mn in FY18 against FY17 while proportional EBITDA lifted by 10.2 per cent and amounted to $1,796 Mn during the same period. Back...

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Cleanaway Waste Management Ltd has informed about amended income tax assessments

Cleanaway Waste Management Ltd has informed about amended income tax assessments

Amended income tax assessments: Cleanaway Waste Management Ltd (ASX: CWY), has informed the investors that the Australian Taxation Office has allowed an objection to the FY13 tax return, which will result in amended assessments to the FY13 to FY17 ta...

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Fluence Corporation Ltd announced the first commercial Aspiral sale in the USA

Fluence Corporation Ltd announced the first commercial Aspiral sale in the USA

Achieved the first commercial Aspiral sale in the USA: Fluence Corporation Ltd (ASX: FLC), that offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery to ongoing support and op...

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ALS Limited (ASX: ALQ) - Stock hikes with FY18 profit growth of 21.1%

ALS Limited (ASX: ALQ) - Stock hikes with FY18 profit growth of 21.1%

Cambell Brother?s ALS Limited (ASX: ALQ) released their results of 2018 Annual General Meeting on Wednesday. The company reported their FY18 earnings of $0.28 per share which shows the growth of 21.9% on the $0.23 per share earnings of previous year....

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