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Shares in Warrnambool Cheese and Butter are on a trading halt. That’ as the Canadian dairy company Soputo tells Warrnambool it’s revising its offer for a buyout. Soputo has so-far offered eight dollars a share for Warrnambool. The other bidders1 in the ring are Murray Goulburn and Bigger Cheese. Warrnambool is due to make an announcement by Monday.
Shares in the green hand Graincorp have tumbled amid speculation2 that the prime minister could block its sales to US company Archer3 Daniels Midland. The West Australian newspaper is reporting senior Liberals think Mr. Abbott could veto the takeover. Graincorp though has issued a statement, linking the share fall to media speculation. It says it’s not aware of any information relating to the sale that hasn’t already been disclosed.
Well, taking a look at the markets now.
And Graincorp shares were down 4 per cent by the end of trade. Warrnambool Cheese and Butter last traded at nine dollars and ten cents a share. The Australian tax data Freelancer4.com has jumped 220 per cent after its market day debut5. Among the other good performers, Bluescope still was up 4%. National Australian Bank, the best of the big four banks. The board of Australian share market tracked a global rally after reassuring6 comments about the continuation of US stimulus7 measures from the potential future. US Federal Reserve Chairman Janet Yellen. The All Ordinaries Index added 0.8%. The ASX 200 Index rose 0.9%.
The Australian dollar is heading up against the greenback to 93.38 US cents.
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1 bidders | |
n.出价者,投标人( bidder的名词复数 ) | |
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2 speculation | |
n.思索,沉思;猜测;投机 | |
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3 archer | |
n.射手,弓箭手 | |
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4 freelancer | |
n.自由职业者 | |
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5 debut | |
n.首次演出,初次露面 | |
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6 reassuring | |
a.使人消除恐惧和疑虑的,使人放心的 | |
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7 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
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