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Why Infratil, James Hardie, Sonic Healthcare, and Star Entertainment Shares Are Sinking Today
The S&P/ASX 200 Index (ASX: XJO) is having a subdued session and is on course to record a small decline. In afternoon trade, the benchmark index is down 0.1% to 7,856.4 points.
Hard Rock Denies Involvement in Star Entertainment Bid
Shares in Star Entertainment (ASX:SGR) fell at the opening on Tuesday after Hard Rock International denied any link to a bid for Star.News of the rumored approach saw Star shares jump 20% to 54 cents.
Star Entertainment Share Price Dives 10% on Hard Rock Update
The Star Entertainment Group Ltd (ASX: SGR) share price is taking a tumble today.
AU Morning Wrap: ASX Shares Flat; James Hardie, Sonic Dive
ASX open flat; James Hardie, Sonic dive. Stocks to watch: James Hardie, Alumina, Telstra, Sonic Healthcare.
Any Star Entertainment M&A Will Likely Be Complex, Conditional -- Market Talk
2350 GMT - Australian casino operator Star Entertainment has confirmed that it has been approached for M&A, but any potential transaction will likely be complex and conditional, say Macquarie analysts
AU Evening Wrap: Australia Shares Rise 0.6% Amid Commodity Strength
Australia shares rose 0.6% amid commodity strength. Energy was the best-performing sector, adding 2.2% amid stronger oil prices, while coal and uranium stocks also gained.
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