Adele Ferguson

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

First Mover

NRMA sells down IAG, but no-one is saying why

First mover

Adele Ferguson Insurance Australia Group's shares fell this morning as the investment community grappled with the implications of motoring body NRMA selling down its shareholding in IAG without consultation.

Storm brews as NRMA provokes IAG showdown

NRMA

Adele Ferguson, Eric Johnston A JOINT meeting of the boards of Insurance Australia Group and its motoring mutual ally NRMA was held last night after the NRMA secretly sold more than 13 million shares in IAG to deliberately...

NRMA, IAG car crash

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Adele Ferguson, Eric Johnston The boards of Insurance Australia Group and New South Wales motoring body NRMA last night held a joint meeting to discuss their future relationship after NRMA breached a key business agreement by...

First Mover

Record number of companies going bust: report

First mover

Adele Ferguson With a month left until submissions close on a set of options to restructure the insolvency industry, a report reveals that the number of corporate insolvencies is on the rise.

Adele Ferguson

More shocks than stocks as brokers take a belting and the phones stop ringing

Adele Ferguson Bill Shorten and some key federal politicians are about to be lobbied hard and loud by Australia's retail brokers who are fighting for their lives against a backdrop of depressed trading volumes,...

Adele Ferguson

Stockbrokers to lobby politicians in battle against tougher regulations

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Adele Ferguson Bill Shorten and some key federal politicians are about to be lobbied hard and loud by Australia's retail brokers.

First Mover

ASIC win a fillip for new boss Medcraft

First mover

Adele Ferguson ASIC and its new boss Greg Medcraft should take heart from its win in court against Centro to take on other big and complicated corporate cases.

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Adele Ferguson

It's all but cheers to Foster's as global beer economics scales new heights

Beer foam is usually white because of its tiny reflective bubbles.

Adele Ferguson Two private equity operators are hoping some of the Foster's Group takeover dust comes their way as they crank up the search for a strategic partner for alcopop group Independent Liquor.

Adele Ferguson

Suitable suitors sought: prefer lots of cash but all proposals will be considered

Adele Ferguson As the board of Foster's Group awaits the next move in the multi-billion-dollar takeover battle for the country's biggest beer company, two private equity operators are hoping some of the takeover...

First Mover

Telstra's birthday present for the PM

First mover

Adele Ferguson The Telstra-NBN deal delivers a result that will cheer Julia Gillard as she marks a year in the top job. Prepare for the roll-out to accelerate.

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First Mover

Finally some relief for Alan Joyce

Qantas

Adele Ferguson As Qantas stares down the barrel of industrial action, its boss Alan Joyce gave shareholders some cause for relief with a surprise update on its profit guidance for the full year.

Adele Ferguson

A sale could leave bitter taste for some

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

Adele Ferguson

Just a matter of time before brewer is swallowed up

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.

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Adele Ferguson

ASX deeply unsettled as competitor moves to end share trade monopoly

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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

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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.