ASX:AUB News 2 December 2025

AUB Group (ASX:AUB) Plunges After $5.25bn Takeover Collapses – Is the Stock Now Undervalued?

Updated: 2 December 2025 Key points What just happened to AUB Group’s share price? AUB Group Limited, a major insurance broking and underwriting group in the S&P/ASX 200, has just experienced one of its sharpest single‑day falls on record. On 1 December 2025, AUB announced that the private‑equity consortium led by EQT AB and CVC Asia Pacific would not proceed with a previously flagged A$45 per share takeover proposal valuing the company at around A$5.25 billion. Insurance Business+3Reuters+3TradingView+3 The result: By 2 December 2025, some of that shock had begun to fade: For context, AUB’s 52‑week range is about A$27.21–40.28,

2 December 2025

ASX News·ASX:AUB·Financial Updates·Investment Analysis·Mergers & Acquisitions·Stock Market

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026

LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:18 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026

Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026

Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026

Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.