Posts tagged with the keyword: ‘shares’

Capital Group sells 26m Qantas shares

Capital Group sells 26m Qantas shares

The Capital Group Companies Inc sold 26,034,517 million Qantas Airways Ltd shares for $76.6 million from January 7 to January 14, 2010, decreasing from 238,229,846 shares (10.5%) to 212,195,329 shares (9.37%).

STOCK DASHBOARD: January 20, 2010
Qantas Airways
Closing Price January 19, 2010: $2.91
Price change from previous trading day: -0.3%
Relative Strength (6 months percentile rank): 62.7
Market capitalisation: $6.5 [...]

Qantas shares jump on profit forecast

Qantas shares jump on profit forecast

Qantas Airways shares have jumped after the carrier said it expects first-half profit before tax to be as much as $150 million.

Qantas shares rose as much as 4.7 per cent in early trade, and were recently up 10 cents, or 3.6 per cent, to $2.84. It was the biggest gain among 200 stocks in Australia’s [...]

Qantas shares’ altitude gain looking premature

Qantas shares’ altitude gain looking premature

SHAREMARKETS can work in mysterious ways. The movement in the share prices of Qantas and to a lesser extent its rival Virgin Blue provides a fascinating piece of insight into how investor sentiment on the faintest glimmer of good news will trump fundamentals.
Airlines are the ultimate cyclical business – highly leveraged to strong and weak [...]

Former Qantas CEO’s pay outrage

Former Qantas CEO’s pay outrage

The Australian Shareholders Association says there needs to be closer scrutiny of payments and benefits handed out to departing business executives.
The issue comes on the back of continuing shareholder and union concerns about some of the remuneration packages paid to executives for the 2008/09 financial year, when many companies reported falling earnings, lowered or scrapped [...]