ASX:CGC

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ASX:CGC

Costa faces earnings downgrade, Paine Schwartz eyes lower offer price

11 Dec 2023 - Judging by the earnings downgrade issued by Costa Group (ASX:CGC) yesterday, its US suitor, Paine Schwartz, might have been considering another cut to its offer price…

Costa Group board accepts lower bid from US private equity firm

25 Sep 2023 - In a rare move, the board of Costa Group (ASX:CGC), Australia's major fruit and vegetable supplier, has accepted a lower bid from its US private equity suitor.

Costa enters final takeover talks

04 Jul 2023 - Costa Group is poised to recommend a takeover offer from New York-based private equity firm Paine Schwartz Partners.

Costa hit hard as big wet rolls on

18 Oct 2022 - Costa Group Holdings (ASX:CGC) shares sold off on Monday after the company revealed it continues to feel the negative impact of the rolling 2022 La Niñas and their bi…

Costa shares lose double digits as CEO departs

27 Sep 2022 - Investors took fright at the shock departure Monday of Costa Group (ASX:CGC) CEO Sean Hallahan after only 18 months in the job, with shares falling nearly 15% in what…

Triple witching haunts Wall St, Oil falls 7%, Australian Agriculture, Qantas on watch: ASX to dip

20 Jun 2022 - Dow closed lower as Wall St falls to March 2020 levels. Iron ore prices eased against poor demand sentiment and weak steel margins. Oil prices slumped to a four-week …

ASX tumbles 7.1% over the week, its worst fall since March 2020

17 Jun 2022 - Australian shares sank again this week as recession fears continued to hit financial markets. The ASX 200 had its worst week since the pandemic started in March 2020,…

Gold miners & Costa rally, Tech stocks sink: ASX closes 0.4% higher

25 May 2022 - The Aussie sharemarket held onto its gains today thanks to a rally in gold miners, major banks and consumer staples while most sectors ended the day slightly up. This…

Tech sell-off returns on Wall St, Premier, Lottery Corp, Challenger on watch: ASX to open flat

25 May 2022 - Wall St turns mixed after another volatile on Wall St. Tech selling returned as investors are in flux and are confused as if the sell off has more to go and if inflat…

ASX rises ahead of Federal Budget as stocks perform, closes 0.7% higher

29 Mar 2022 - The local bourse posted its sixth straight day of gains, its best rally for 2022, rising above concerns on recession risks as investors await the Federal Budget to be…

Energy down, tech jumps, Morrison & Co sweetens Uniti deal: ASX taps 11-wk high, up 0.8% at noon

29 Mar 2022 - Aussie stocks jumped to a near 11-week high, as tech shares erase 2-days of losses overshadowing weakness in energy, and material stocks while investors await the Fed…

S&P gains for a 3rd day, Costa, Sims, Janus Henderson, Westpac, CBA, NAB on watch today: ASX to rise

29 Mar 2022 - Wall St turns higher after recession fears recede, following a weak finish around the globe. China announced a lockdown in Shanghai following a surge in Covid-19 case…

Tech leads losses, Nanosonics sinks, Cochlear soars: ASX closes 1% lower

22 Feb 2022 - The ASX spent all of today’s session in negative territory while investors monitored uneasy headlines on Russia and Ukraine. The local bourse saw tech shares sink whi…

Stocks of the Hour: Nanosonics, Costa Group & G8 Education

22 Feb 2022 - A snapshot of the stocks on the move featuring Nanosonics (ASX:NAN), Costa Group (ASX:CGC) & G8 Education (ASX:GEM).

Technology rout widens amid Ukraine tension, Energy stocks get bullish: ASX down 0.9%

22 Feb 2022 - Reporting season continues to unleash on the local bourse as the technology sell-down deepens. Investors monitor uneasy headlines on Russia and Ukraine, shooting down…

Costa (ASX:CGC) inks new leases adjusting 2022 earnings

23 Dec 2021 - Costa Group (ASX:CGC) has flagged to investors that 2022’s earnings is slated to be $5 million higher while net profit after tax is set to be $6.4 million underpinned…

Stocks of the Hour: SKY, BetMakers & Costa Group

23 Jun 2021 - A snapshot of notable stock news for the hour, featuring SKY (ASX:SKT) BetMakers (ASX:BET) & Costa Group (ASX:CGC).

Costa Group (ASX:CGC) to acquire citrus-producer 2PH Farms

23 Jun 2021 - Costa Group Holdings (ASX:CGC) will acquire 2PH Farms, the largest citrus grower in northern Australia.

Wall St gains, US jobs data looms, Ords say hold CBA, Why Utilities fell 25%: ASX to edge higher

31 May 2021 - Covered in this report is Wall St's performance on Friday, a weekly wrap for the ASX 200, what's ahead in both local and international economic news, broker recommend…

US stocks creeps up as inflation worries subdue: ASX to edge higher

27 May 2021 - The ASX is set to edge higher following Wall St’s advance. All three indexes closed in positive territory as investors come to grips with the Federal Reserve’s inflat…

EcoGrafs (ASX:EGR) WA facility on fast track: Aus shares close 0.7% lower

05 Mar 2021 - The ASX slumped in early trade and a late session recovery wasn’t enough to unwind this morning’s losses. The Aussie market closed out the day 0.7 per cent lower. At …

Costa Group (ASX:CGC) acquisitions

05 Mar 2021 - Fruit and vegetable grower, Costa Group (ASX:CGC) has inked conditional agreements to buy both the farming operations of KW Orchards citrus farm, as well as the EJT c…

Bank of Queensland (ASX:BOQ) to buy ME Bank for $1.3b: ASX closes 0.2% lower

22 Feb 2021 - It has been a rollercoaster day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 13 points lower, or 0.2 per cent lower to f…

Costa Group Holdings (ASX:CGC) results beat expectations

22 Feb 2021 - Costa Group Holdings (ASX:CGC) the grower, packer and marketer of fruit and vegetables today report a full year statutory net profit of $60.8 million, from a loss of …

Retail sales have risen 7.1% in November: ASX tracking 0.5% lower

11 Jan 2021 - The Australian sharemarket opened lower this morning. The S&P/ASX 200 Index is 31 points down or 0.5 per cent lower at 6,727. Futures are pointing to a fall of 34 poi…