Stocks of the Hour: Domino’s Pizza, Centuria & AMP

Stocks of the Hour: Domino’s Pizza, Centuria & AMP



 

Australia’s largest pizza maker Domino’s Pizza (ASX:DMP) is set to add Taiwan to its global portfolio of markets under its master franchise, pending regulatory approval. The world’s biggest Domino’s license holder has clinched a $79 million deal to acquire the assets and franchise license held by Domino’s Taiwan.

Shares in Domino's Pizza (ASX:DMP) are trading 1.4 per cent higher at $115.64

Real estate powerhouse Centuria’s acquisition engine has been fired up this week, as its industrial property arm CIP has reached agreements to acquire $86.1 million worth of assets in New South Wales and Victoria. Centuria Industrial REIT’s three new purchases consist of a manufacturing facility in Broadmeadows, two distribution sites in Epping and Wetherhill Park.

Shares in Centuria Industrial REIT (ASX:CIP) are trading flat  at $3.72

Financial services giant AMP (ASX:AMP) has found a new chief executive to lead the group’s capital management division, as former State Street Global Advisors chairman Shawn Johnson is set to take the helm at AMP Capital.

Shares in AMP (ASX:AMP) are trading 1.04 per cent higher at $1.42


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Source: Finance News Network

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