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ASX chases US stocks higher; Investors cheer Suncorp, Inghams results – The Sydney Morning Herald

The ASX 200 opened 0.8 per cent higher Friday after a tech-dominated rise on Wall Street overnigh. Suncorp and Inghams have risen on their earnings results.

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As previously announced, due to the increasing scale of our infant nutrition business, we have been assessing participation in manufacturing capacity and capability, said a2s acting chief executive Geoffrey Babidge.
Our intention would be to invest further to establish blending and canning capacity at Matauras facility to support the establishment of a fully integrated manufacturing plant for infant nutrition, he said.
Mr Babidge said the deal would complement its existing relationships with N…

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