Cimic Group Ltd (ASX:CIM)
Cimic Group Ltd (ASX: CIM) was formerly called Leighton Holdings. The company changed its name shortly after some bribery scandals emerged in the news and it was acquired by its majority shareholder, Spanish firm Grupo ACS. On a more positive note, Cimic is today a major international construction and mining contractor with brands like UGL, CPB Contractors, Thiess, Broad and Sedgman under its banner.
Cimic Group Ltd (ASX:CIM) share price
Cimic Group Ltd (ASX:CIM) share price news
Australia’s All Ordinaries Climbed Today
The ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index climbed 0.9% on Wednesday, despite a fall from Commonwealth Bank of Australia (ASX:CBA).
Cimic Group Ltd’s Profit Just Increased By 21%
Today, Cimic Group Ltd (ASX: CIM) revealed its financial results for the year to 31 December 2017.
Wednesday: What’s The All Ords Index Doing at Lunch?
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), has recovered a lot of yesterday’s loss, it’s up 1.39%.
S&P/ASX 200 Tipped To Bounce Back
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Wednesday, following the Dow Jones Industrial Average (INDEX:.DJI) upwards.
Australia’s S&P/ASX 200 Expected to Open Higher Monday
Australia’s S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) is expected to open higher on Monday.