Stocks of the Hour: Qantas, Sydney Airport & City Chic

13Sep

Stocks of the Hour: Qantas, Sydney Airport & City Chic

 

Qantas's (ASX:QAN) bid to resume flights with Japan has been rejected, despite a strong alliance prior to the pandemic. The decision was made to preserve competition with other airlines. Shares in Qantas Airways (ASX:QAN) are trading 0.6 per cent lower at $5.29.

Sydney Airport (ASX:SYD) has received an upgraded takeover bid of $8.75 per share from Sydney Aviation Alliance. Sydney Airport granted due diligence subject to no other offers being received. Shares in Sydney Airport (ASX:SYD) are trading 4.4 per cent higher at $8.36.

City Chic (ASX:CCX) will say goodbye to its chief financial officer, who plans to leave at the end of this year. The global retailer plans to immediately start looking for a replacement. Shares in City Chic Collective (ASX:CCX) are trading 2.1 per cent lower at $6.29.
Copyright 2021 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

04Mar

Stocks of the Hour: Lake Resources N.L, Genex Power, St Barbara

04 Mar 2024 - A snapshot of the stocks on the move, featuring Lake Resources N.L. (ASX:LKE; OTC:LLKKF), Genex Power Limited (ASX:GNX) and St Barbara (ASX:SBM).

Read More
26Aug

Boral to acquire Knauf Asia plasterboard

26 Aug 2019 - Building products group Boral (ASX:BLD) reported today showing net profit after tax (NPAT) before significant items is down 7 per cent to $440 million.

Read More
16Jan

Cokal (ASX:CKA) files civil claim

16 Jan 2020 - Cokal (ASX:CKA) takes legal against PT Resindo Rescources & Energy

Read More
08Nov

Stocks of the Hour: Golden State Mining, New World Resources, Boab Metals, Neometals

08 Nov 2023 - A snapshot of the stocks on the move, featuring Golden State Mining (ASX:GSM), New World Resources (ASX:NWC), Boab Metals (ASX:BML) and Neometals (ASX:NMT & AIM:NMT).

Read More
11Oct

APN Convenience Retail (ASX:AQR) $38M raising

11 Oct 2019 - Real estate giant APN Convenience Retail (ASX:AQR) is seeking to raise $38 million via an institutional placement to acquire 13 service station and convenience retail properties across the country.

Read More
28Jan

Rio Tinto (ASX:RIO) reveals new management team

28 Jan 2021 - Rio Tinto (ASX:RIO) has appointed chief commercial officer Simon Trott as Iron Ore Chief Executive.

Read More
28Jul

Stocks of the Hour: IGO, Rio Tinto & Spark Infrastructure

28 July 2021 - A snapshot of some of the news that broke today, featuring IGO (ASX:IGO), Rio Tinto (ASX:RIO) & Spark Infrastructure (ASX:SKI).

Read More
08Jul

Stocks of the Hour: Rex Minerals, Gold Mountain, FBR

08 Jul 2024 - A snapshot of the stocks on the move, featuring Rex Minerals (ASX:RXM), Gold Mountain (ASX:GMN) and FBR Limited (ASX:FBR).

Read More
05Mar

Stocks of the Hour: Dynamic Metals, Alara Resources, Fin Resources

05 Mar 2024 - A snapshot of the stocks on the move, featuring Dynamic Metals (ASX:DYM), Alara Resources (ASX:AUQ) and Fin Resources (ASX:FIN).

Read More
15Jan

Westpac NZ and Contact Energy (ASX:CEN) agree first sustainability-linked loan

15 Jan 2020 - Westpac NZ and Contact Energy (ASX:CEN) have entered into a $50 million, four-year sustainability linked loan facility. The loan is the first of its kind in New Zealand.

Read More