Stocks of the Hour: Incitec Pivot, Sequoia Financial, Novonix - Sequoia Direct Pty Ltd

10JanJanuary 10, 2022

Stocks of the Hour: Incitec Pivot, Sequoia Financial, Novonix

In M&A news, Incitec Pivot (ASX:IPL) has inked a deal to buy French explosives maker Titanobel for $142 million. It’s expected to close by June this year. Shares are are trading 0.3 per cent higher at $3.31.

Elsewhere, Sequoia Financial (ASX:SEQ) has revealed its latest acquisition adding a legal practice under its wing. Previously known as Topdocs Legal, now renamed Docscentre Legal, the $330,000 deal is earnings accretive as of today. Shares closed 4.4 per cent higher at $0.71 on Friday.

ASX-listed battery maker Novonix (ASX:NVX) has progressed further on plans to list on Wall St's tech heavy Nasdaq. The news followed the first announcement in May after unveiling its plans to list on another exchange. Shares are trading 1.7 per cent higher at $9.51.
Copyright 2022 – Finance News Network

Source: Finance News Network

Related Posts

08JulJuly 8, 2020

Splitit Payments (ASX:SPT) see record growth in Q2 FY20

08 Jul 2020 - Installment payment company Splitit Payments (ASX:SPT) has posted record Merchant Sales Volume up 176 per cent on Q1 FY20 and up 260 per cent over Q2 FY19, due to the addition of new large merchants.

28OctOctober 28, 2019

Sims (ASX:SGM) earnings hit by scrap price crash

28 Oct 2019 - Sims Metal Management (ASX:SGM) has flagged expectations of an underlying first-half loss before interest and tax of around $20 million to $30 million.

11SepSeptember 11, 2020

BP (LON:BP) launches first foray into offshore wind with Equinor (NYSE: EQNR)

11 Sep 2020 - British integrated oil and gas company, BP (NYSE:BP) has launched its first foray into offshore wind with a new $1.1 billion strategic partnership with Equinor (NYSE:EQNR).

08DecDecember 8, 2020

Link Administration Holdings (ASX:LNK) see fresh proposal from SS&C Technology

08 Dec 2020 - Link Administration Holdings (ASX:LNK) has received a conditional, nonbinding indicative proposal from SS&C Technology Holdings to acquire 100 per cent of the shares in Link Group by way of a Scheme of Arrangement.

04AprApril 4, 2023

Stocks of the Hour: Li-S Energy, Besra Gold, Matsa Resources

04 Apr 2023 - A snapshot of the stocks on the move featuring Li-S Energy (ASX:LIS), Besra Gold (ASX:BEZ) and Matsa Resources (ASX:MAT).

18FebFebruary 18, 2022

Stocks of the Hour: Inghams, QBE Insurance & MyState

18 Feb 2022 - A snapshot of the stocks on the move, featuring Inghams (ASX:ING), QBE Insurance (ASX:QBE) & MyState (ASX:MYS).

28MayMay 28, 2021

Stocks of the Hour: Qantas, BetMakers & Select Harvests

28 May 2021 - A snapshot of companies making headlines in the morning session, featuring Qantas, BetMakers and Select Harvests.

10OctOctober 10, 2019

Orora (ASX:ORA) to sell its fibre business for $1.7b

10 Oct 2019 - Orora (ASX:ORA) is selling its Australasian Fibre Business to a wholly owned subsidiary of Nippon Paper Industries Co.

24JanJanuary 24, 2020

Wesfarmers (ASX:WES) defer investment decision on Mt Holland lithium project

24 Jan 2020 - Wesfarmers (ASX:WES) says they have completed a definitive feasibility study (DFS) on the Mt Holland lithium project but a final investment decision has been deferred.

08NovNovember 8, 2019

The REA Group (ASX:REA) report a 14% drop in EBITDA for the first quarter

08 Nov 2019 - Online real estate classifieds company the REA Group (ASX:REA) reported a 14 per cent drop in earnings before interest, tax, depreciation and amortisation (EBITDA) to $114.9 million for the first quarter ending September. 30th.