Today: 30 April 2026
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ASX:AUB 1 December 2025 - 2 December 2025

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

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

AUB Group shares plunged about 17–18% on Monday after private-equity bidders EQT and CVC withdrew a proposed A$45 per share takeover. The stock traded near A$31.30–31.35 on 2 December, recovering slightly from a close of A$30.63. AUB’s board maintains the business is worth A$45 a share and reaffirmed FY26 profit guidance. Most brokers still rate AUB a Buy, with price targets around A$40–43.

Stock Market Today

  • Stocks Mixed as Lower Oil Prices Support Market, Mega-Cap Tech Show Divergent Earnings
    April 30, 2026, 12:47 PM EDT. The S&P 500 edged up +0.08% and Dow Jones gained +0.73%, while Nasdaq 100 slipped -0.18%. Alphabet and Qualcomm's strong earnings lifted sentiment, with Alphabet surging +5% on revenue of $94.57 billion surpassing estimates. Qualcomm rose over +6% after better-than-expected Q2 results. However, Meta Platforms dropped more than -9% after a higher capital expenditure forecast. Microsoft slid over -3% amid growth concerns for Azure cloud despite beating earnings. Lower crude oil prices, down over -1% from three-week highs due to economic growth worries, helped ease inflation expectations and bond yields, supporting stocks. The 10-year Treasury yield fell 4 basis points to 4.39%. Mixed U.S. economic data included a 57-year low in weekly jobless claims and a softer Q1 GDP growth rate of +2.0%, below forecasts, illustrating ongoing economic uncertainty.

Latest article

Hertz Stock Surges on Uber Robotaxi Deal as Oro Mobility Steps Out of the Shadows

Hertz Stock Surges on Uber Robotaxi Deal as Oro Mobility Steps Out of the Shadows

30 April 2026
Hertz shares surged over 20% Thursday after it launched Oro Mobility, an affiliate set to manage Uber’s robotaxi and human-driven fleets in key U.S. markets. Oro will support Uber’s autonomous program with Lucid vehicles using Nuro self-driving tech, starting in the San Francisco Bay Area later this year. Hertz traded at $6.80, up $1.20; Uber fell 38 cents to $74.09. Hertz reports first-quarter results May 7.
Xerox Holdings Stock Soars After Q1 Revenue Beat, but the Lexmark Bill Is Still Showing

Xerox Holdings Stock Soars After Q1 Revenue Beat, but the Lexmark Bill Is Still Showing

30 April 2026
Xerox shares surged 43% Thursday after first-quarter revenue hit $1.85 billion, topping forecasts, driven by the Lexmark acquisition. The company posted a net loss of $105 million and an adjusted loss of 43 cents per share, wider than expected. Print segment revenue jumped 31%, while IT Solutions fell 5%. Xerox reaffirmed its 2026 outlook but reported higher interest expenses tied to acquisition debt.
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