News for Contact Energy Limited (CEN.AX)

The Commission is seeking submissions from Contact, Manawa and other interested parties on the issues raised in the Statement of Issues.

The Statement of Issues will be published on the Commission’s case register in due course, and will outline the Commission’s potential competition issues with the proposed acquisition following its initial investigation. The Statement will ...

The ASX 200 is expected to open 0.57% lower to open Week…

The Commission invites interested parties to provide comments on the likely competitive effects of the proposed acquisition.

Manawa generates electricity from 25 hydro schemes and one thermal power station, located across New Zealand.

Contact Energy Ltd has entered into a Scheme Implementation Agreement to acquire another New Zealand based energy company Manawa Energy Ltd.

The ASX200 closed down around 1.9% at 7,950 points. Q2 growth numbers came in at 0.2%, in line with consensus expectations.

Meridian Energy Limited Level 11, NTT Tower, 157 Lambton Quay P O Box 10840, Wellington 19 April 2024 ...

The ASX200 took a late uptick to be add almost a per cent at close this afternoon. Burritos giant Guzman y Gomez has fast-tracked its move to the ASX – looking to list next month

The ASX200 shed 0.85% today – with every sector – except materials, losing ground. IT stocks weighed on the market, down more than 3%, while the Health Care sector was also weak, falling 2 per cent.

Contact Energy Limited reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was NZD 1,306 million compared to NZD 994 million a year ago....

The major U.S. index futures are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction after ending the previous session mostly higher.

Are most stocks on the ASX fairly priced? How efficient is the market? I put market efficiency to the test by selecting five ASX 200 stocks at random to see whether their intrinsic value approximates their market price. Read on for the results...

The local market was in an upbeat mood ahead of threecrucial central banks decisions this week, including the RBA tomorrow

Blackmores was up 22% after Japan giant Kirin lobbed a $95 bid for its stocks, implying a 23x multiple of last 12 months EBITDA.

Trading volumes were thin and the ASX ended flat on Monday ahead of tomorrow’s ANZAC day holiday. Mining stocks under performed today.

The positive lead from the overnight US and Europeans helped lift the Australian share market, with the XEC closing 1.21% higher.

Coal stocks surged amid hopes the Fed Reserve would pause its rate hikes tomorrow, avoiding a US recession.

The ASX 200 fell 1.63% on Tuesday as concerns around the collapse of Silicon Valley Bank reverberated through Asian markets.