News for Slater and Gordon Limited (SGH.AX)

Tesla shares were sold after Elon Musk told analysts in an earnings call yesterday that he will keep cutting prices.

Slater and Gordon (ASX:SGH) could be absorbed by investment manager Allegro, following the signing of a bid implementation agreement (BIA).

Mining giant Mineral Resources (ASX: MIN) has revealed plans to make an off-market bid for the remaining stake in oil explorer Norwest Energy (ASX: NWE), adding to its existing 19.9% stake in the company.

Three of Australia’s major banks have announced the settlement of separate class action lawsuits totalling $126 million with compensation and class action law firm Slater and Gordon.

Agribusiness company Elders (ASX:ELD) fell 20% despite reporting a 35% increase in revenue for FY22. Elders says it expects a tougher FY23.

The glass is half empty for investors as another class action is filed against The A2 Milk Company (ASX:A2M) in the Supreme Court of Victoria.

The a2 Milk Company (ASX:A2M) is set to face a class action lawsuit led by Slater and Gordon on behalf of unhappy shareholders. The class action, filed in the Supreme Court of Victoria, alleges A2M engaged in misleading or deceptive conduct in breach of the Corporations Act. The market was quick to react to the development with the A2M share price tumbling 6% at the time of writing.

The share market retreated for a second day as a rate rise…

Australian shares declined for a second day after New Zealand’s central bank…