Tag Archives: S&P/ASX 100 S&P/ASX 200 S&P/ASX 300 ALL ORDINARIES S&P/ASX MIDCAP 50 S&P/ASX All Australian 200 S&P/ASX 200 Consumer Discretionary

Tabcorp’s $11 billion merger with Tatts Group

Australian Competition Tribunal approved the proposed merger of Tabcorp and Tatts and expects to publish reasons for its determination on Thursday 22 June 2017. However, the approval comes with one condition such as Tabcorp must sell the its Odyssey Gaming Services business. The company expects earnings to be realized in first full year following completion of integration of businesses, while

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Domino’s Pizza Enterprises Ltd

During H1FY17, Domino’s Pizza Enterprises Ltd (ASX: DPM) reported 9.4% yoy growth in Same Store Sales (SSS) revenue driven by business improvement across Australia, New Zealand, Belgium, France, Netherlands, Japan and Germany. Further, growth was led by increased customer counts due to the launch of Taste the Colour menu in Australia and New Zealand and improved technology across all markets.

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Which food stock to buy? – Domino’s or Retail Food Group

During H1FY17, Domino’s Pizza Enterprises Ltd (ASX: DPM) reported 9.4% yoy growth in Same Store Sales (SSS) revenue driven by business improvement across Australia, New Zealand, Belgium, France, Netherlands, Japan and Germany. Further, growth was led by increased customer counts due to the launch of Taste the Colour menu in Australia and New Zealand and improved technology across all markets.

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Fairfax Media Ltd NZCC declines the proposed merger of Fairfax New Zealand Ltd and NZME Ltd

NZCC declines the proposed merger of Fairfax New Zealand Ltd and NZME Ltd:Fairfax Media Ltd (ASX: FXJ) has updated that the New Zealand Commerce Commission (“NZCC”) has declined to grant the authorisation to the proposed merger of Fairfax New Zealand Ltd and NZME Ltd, citing that proposed merger will lead to having influence over the news and political agenda by

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Result Wrap Part III – Eight Stocks

Subdued Profit: Crown Resorts Ltd (ASX: CWN) reported a 22.7% fall in net profit for the FY16 due to the subdued turnover at its resorts in the Asian gambling hub of Macau, while Australian operations reported small gains. The normalized net profit for the company fell short of analysts’ estimates and declined to A$406.2 million ($312.57 million) for FY 16,

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Which big plays should you buy?

Maintaining leadership and well ahead of the immediate competitor performance: For the half year ended December 31, 2015, REA Group Limited (ASX: REA) reported a solid increase of 20% in revenue to $314.8 million while maintaining its leadership in the Australian markets. EBITDA rose 29% to $185.9 million and net profit after tax increased 28% to $121 million or 91.9

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