Business
Why InvoCare, Nine, Telstra, & Wesfarmers shares are storming higher // Motley Fool Australia
In afternoon trade the S&P/ASX 200 Index (ASX: XJO) looks set to end its winning streak. At the time of writing, the benchmark index is down 0.3% to 6,431.8 points.
Four shares that are not letting that hold them back are listed below. Here’s why they are storming higher:
The InvoCare share price has climbed 3.5% to $11.91 after announcing two new acquisitions. The funerals company has entered into conditional sales agreements to acquire 100% of the shares of Family Pet Care and the business and assets of Pets in Peace for a combined price of $49.8 million. The acquisitions are forecast to deliver combined annual revenue of ~$19.3 million and be earnings per share accretive in the first full year of operation.
Nine…
-
General18 hours agoRussia launches aerial attack on Kyiv, says it’s in favour of more peace talks
-
General15 hours agoNew political world awaits MPs as parliament returns
-
Noosa News22 hours agoThis is how much raw sewage is being dumped into the Brisbane River
-
General13 hours agoTrillion dollar AUKUS subs plus nuclear waste in perpetuity?