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Rudi's View: August Results; Anticipation & Trepidation


August Results: Anticipation & Trepidation
Prima facie, Australian shareholders have plenty of reasons to feel excited ahead of the upcoming August results season.
Most companies have recovered more quickly than forecast from last year s lockdowns and pandemic, and profits and dividends are in a strong uptrend with Macquarie analysts observing consensus forecasts in Australia are now in their 11th consecutive month of upgrades, and expectations are building there s more of the same on the horizon.
February was on most market analysts assessment one of the best local results seasons ever. Corporate Australia not only delivered strong recoveries in profits and dividends, but -uncharacteristically for Australia- it also handsomely beat analysts forecasts, even though they had been lifting for multiple months already. ....

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Wynn Resorts revises Wynn Palace opening date

Wynn Resorts revises Wynn Palace opening date
eturbonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eturbonews.com Daily Mail and Mail on Sunday newspapers.

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Transurban Group assesses candidates for CEO job


Transurban Group assesses candidates for CEO job
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Motorways giant Transurban Group has started preparing for life after chief executive officer Scott Charlton.
It is understood Transurban’s board has had its representatives sounding potential candidates for the chief executive’s job in Australia and offshore, recognising that Charlton’s hugely successful tenure may be in its final chapters and it needs to shore up its succession planning.
Transurban Group CEO Scott Charlton took the reins in 2012 and is now one of the biggest names in Australia’s infrastructure and transport sectors.  
James Brickwood
Transurban’s soundings have included external candidates, while the internal frontrunner is widely considered to be Andrew Head who runs Transurban-controlled Sydney roads project WestConnex and has nearly two decades with the Australian tollroads bigwig. ....

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