Peter Switzer of the Switzer Super Report outlines why he sees no reason 2018 can’t be another good year for stocks.
Oil and gas explorer AWE has landed a second bid in as many days, with Mineral Resources revealing its hand with an all-scrip offer.
Cleanaway Waste Management intends to acquire Tox Free Solutions, consolidating Australia’s waste management industry, and brokers are largely positive about the merger.
Michael Gable of Fairmont Equities suggest Aristocrat Leisure may pull back further but that would provide a buying opportunity.
Cost pressures are mounting for miner South32 but so far higher commodity prices have enabled margins to increase across the operations.
Insurance Australia Group has done another quota share deal, this time with a group of reinsurers. Brokers suggest the advantages are already factored into the stock.
Saxo Bank suggests ten events that could derail global markets next year which few would be expecting.
Craig Parker of Moat Capital suggests the ASX200 is looking to break out but as to how far it can run is unclear.
ASX has decided to replace its CHESS system with a distributed ledger technology. While this has potential to create new revenue opportunities, broker suggests it will be some time before these become evident.
Waste management and recycling business Bingo Industries has picked up several acquisitions to further expand its services and brokers suggest it is well primed to stay ahead of the competition.