In a bombshell 4pm announcement, investors learned that CSL CEO Paul McKenzie was departing the company effective that very afternoon following a tenure of nearly 3 years. It was clear that something had to give, but this is still a shock as it occurred a day before company results and resulted in McKenzies' tenure lasting…
For most REIT investors, it has been slow and steady bleeding over the 2020s, but investors in US Masters Residential Property Group (ASX:URF), endured a 30% share price plunge yesterday. And it was all because the company announced it was winding down.
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In the case of just about all prospectuses issued by ASX companies, you see language of varying kinds effectively saying the offer for shares Must Not Be Offered to US Investors! At Stocks Down Under we aim to write first and foremost about market quirks impacting the majority of our readers and quirks that are…
Imagion Biosystems (ASX:IBX) just made a IND submission. This is a big deal for the company, and we thought it would be the perfect time to explain to investors just what this means.
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ALS Global (ASX:ALQ) is currently in the Top 50 ASX companies, capped at ~$12bn. It is capped slightly higher than the ASX itself (i.e. the ASX as a listed company in its own right). The list of companies that trail it include: JB Hi-Fi, NextDC, Harvey Norman, Mirvac, TechnologyOne, AGL, Downer, Life360 and AMP. Many of…
Is brokerage from share trading tax deductible? Well, it’s complicated! Here’s what you need to know
Is brokerage from share trading tax deductible? This is a question many share traders would wonder. The short answer is that it can be, but may not always be and how it is to be claimed differs significantly.
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While Australians go to Bunnings or Mitre 10 for DIY home improvement projects, Americans are most likely to go to Home Depot (NYSE:HD), which makes 70% more revenue than Lowe's.Home Depot is the company that made Bernie Marcus and Arthur Blank, the latter being owner of the Atlanta Falcons, rich and it has indirectly made…
Certain ASX stocks and Family Guy have more in common than you think. Yes, we thought we'd have a bit of fun with our ASX stocks focus for a change. We've watched some companies closer than others and have found parallels between their fates and a number of memorable Family Guy clips. And so, after…
Last week, the Rio Tinto Glencore merger got consigned to the bin...at least for now and investors may be wondering if mega mining deals are too difficult to pull off that you might as wells say they are dead.We've already written about what it means for both companies, but let's take a look at what…
The proposed Rio Tinto Glencore merger is off. The deal would have created the world's biggest mining company, capped at hundreds of billions of dollars but the deadline of February 5 (to declare an intention, extend negotiations or withdraw) came and went with no deal being done.
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