Appen

The S&P/ASX 200 Index fell 0.7 per cent to 7105.9 points; Appen rallied 29 per cent to $8.27 and Dan Murphy's parent Endeavour Group sunk 6 per cent to ...

Iron ore traded in Singapore fell 2.3 per cent to $US128.50 a tonne in the futures market. Its shares dropped 5.1 per cent to 18.5¢. ALS shares rallied 6.1 per cent to $12.74 on broker optimism a day after the labs group revealed a jump in 2022 profits. The company will pay a dividend of 10¢ a share or 11¢ in Australian currency terms. She is based in the Sydney newsroom. IVF takeover target Virtus Health started engaging with BGH Capital and has not received a reply from rival suitor CapVest following BGH’s improved takeover bid worth $8.15 a share in cash. The illiquid stock last changed hands at $6.08. “The trading halt is requested pending an announcement relating to a potential material transaction,” the company told the ASX. Later, it requested a trading halt pending Appen returning with a second statement to the market about a possible deal. Catapult Sports posted a net loss of $US32 million on sales up 54 per cent to $US77 million for the year, taking the stock 11 per cent lower to $1.03. It forecast annualised contract value to increase between 20 per cent to 25 per cent in financial 2023, with churn of between 4.5 per cent and 6 per cent. Street Talk reported that its Chinese major shareholder is planning a buy-out, however that may not come at a premium. International service will remain unchanged at just under 50 per cent of pre-COVID-19 levels by the end of the fourth quarter of the financial year ending June 30, and rising to about 70 per cent by the end of the first quarter of financial 2023. “This afternoon, Telus informed us that they were revoking their indicative proposal.