Adele Ferguson

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

Adele Ferguson

Just a matter of time before brewer is swallowed up

Adele Ferguson dinkus

Adele Ferguson When Foster's Group chairman David Crawford split the wine and beer business in two he effectively put up the ''for sale'' sign.

First Mover

SABMiller move puts Foster's in play

First mover

Adele Ferguson It is game on for Foster's Group, with an improved takeover offer in the bag and the potential to flush out other interested parties.

Comments 8

Adele Ferguson

ASX deeply unsettled as competitor moves to end share trade monopoly

Adele Ferguson dinkus

Adele Ferguson As the world counts down until the end of the month for the outcome of the London Stock Exchange's bid for Toronto Stock Exchange, investors in the Australian Stock Exchange were digesting news a new...

Adele Ferguson

ASX revenues under fresh threat from competition in clearing and settlement

Adele Ferguson As the world counts down until the end of the month for the outcome of the London Stock Exchange's bid for Toronto Stock Exchange, investors in the ASX are digesting news that a new competitor is...

First Mover

Outsider to the rescue at Leighton

First mover

Adele Ferguson The appointment of a chief risk officer to Leighton plays to serious shareholder concerns about risk recognition failures, the need to strengthen the bench, and the need to start getting some good...

Adele Ferguson

Industry groups have a question for government: who watches the taxman?

Adele Ferguson In the next 10 days the Gillard government will receive a report from a consulting panel recommending the establishment of an independent advisory body to monitor the most powerful body in the land -...

Adele Ferguson

Independent? Hardly, if tax supremo heads his own board of advisers

Adele Ferguson dinkus

Adele Ferguson The Gillard government will soon receive a report recommending the monitoring of the most powerful body in the land - the ATO.

Adele Ferguson

Fear grips investors as rumblings of doom infect global markets

Adele Ferguson With drumbeat of doom and gloom banging loudly on global economies, it is little surprise that investors are bailing out of equities and currency markets.

Adele Ferguson

As Greece struggles the only thing going up is the fear index

Adele Ferguson With the drumbeat of doom and gloom banging loudly over the global economy, it is little surprise that investors are baling out of equities and currency markets.

First Mover

Markets gripped by fear

Protesters run away from  tear gas canister and a burning barricade during clashes with riot police in Athens' central Syntagma (Constitution) Square June 15, 2011.

Adele Ferguson Local investors have been spooked by the bad news coming out of Greece, demonstrating once again it doesn't take much to prick their fragile confidence.

Comments 28

CommBank runs the ruler over vulnerable insurer

Ralph Norris

Eric Johnston, Adele Ferguson THE chief executive of Commonwealth Bank, Ralph Norris, last year ran the ruler over the Insurance Australia Group, the nation's biggest home and car insurer, with a view to a possible $7...

Adele Ferguson

For an insurer under pressure, it might be a good idea to motor down to Victoria

Adele Ferguson As analysts take the knife to profit forecasts for Australia's big insurers for this year and next, and investors flick the stock, corporate activity within the sector could be set for a feast.

First Mover

Investors brace for retailer downgrades

First mover

Adele Ferguson With two weeks to go until the end of the financial year, investors are dumping retail stocks as they prepare for a spate of profit downgrades in the sector.

Comments 11

Adele Ferguson

Perfect storm brews for embattled QBE as earnings downgrade follows disasters

Adele Ferguson The boss of QBE, Frank O'Halloran, left the market flat-footed last night after holding a snap investor briefing to announce a profit guidance downgrade two weeks before it closes its books for the...

Adele Ferguson

QBE boss signals profit downgrade

Frank O'Halloran

Adele Ferguson QBE boss Frank O'Halloran announces profit guidance downgrade two weeks before books close.

Adele Ferguson

Time for IAG to clean up its balance sheet

First mover

Adele Ferguson CEO Wilkins is sticking to IAG's forecasts even as new tremors rattle New Zealand. Time, though, is running out for him to fix other parts of the business.

Comments 2

Adele Ferguson

Labor must stare down the naysayers and resume trade with secure abattoirs

Adele Ferguson dinkus

Adele Ferguson At 9.30 this morning federal Labor MPs will meet at caucus to vote on whether to ban live meat exports. If a majority favours a ban, it will have

Adele Ferguson

Blame game gets in way of mustering a solution to cattle export problem

Adele Ferguson A cattle export ban will have a profound effect on not just the country's live meat export industry but the many ancillary industries that support it.

Adele Ferguson

See you in court

Andrew Forrest and Julia Gillard

Adele Ferguson The Gillard government's credibility is about to take another battering as one of its more complex and ad hoc tax reforms - the minerals and resources rent tax - faces the threat of a constitutional...

Adele Ferguson

Mining tax a mystery tour

Adele Ferguson dinkus

Adele Ferguson The Gillard government's credibility is about to take another battering as some key players in the mining industry gear up for a constitutional challenge in the High Court.