5 stories mentioning ASX:SDR
Every FINWIRES story that references ASX:SDR, newest first.
SiteMinder (ASX:SDR) shareholder JPMorgan Chase increased its ownership of the company to about 18.9 million shares or 6.68% voting power from 14.3 million shares or 5.05% voting power previously, according to a Friday filing with the Australian bourse.The change in holding occurred on June 9, per the filing.SiteMinder shares advanced 7% in recent Friday trade.
Elevra Lithium (ASX:ELV), Electro Optic Systems (ASX:EOS), FireFly Metals (ASX:FFM), Kingsgate Consolidated (ASX:KCN), and Minerals 260 (ASX:MI6) joined the S&P/ASX 200 Index before trading began on Monday, S&P Dow Jones Indices reported Friday.Meanwhile, Guzman Y Gomez (ASX:GYG), IDP Education (ASX:IEL), SiteMinder (ASX:SDR), Temple & Webster (ASX:TPW) and WEB Travel (ASX:WEB) were removed from the index as part of the rebalancing.
Australian shares plunged on Thursday as oil prices jumped after the US and Iran traded military strikes.The S&P/ASX 200 Index dropped 1.43%, or 124.80 points, to close at 8,592.90.Brent crude oil futures surged over 3% to nearly $98 per barrel after the US and Iran both said they targeted each other's military sites, casting a pall over hopes of a peace deal in the Middle East.On the domestic front, Australian total household spending in April was AU$79.42 billion, up 4.9% compared with April 2025, and down 1.1% month-on-month on a current price, seasonally adjusted basis, according to a report from the Australian Bureau of Statistics.Total new capital expenditure in Australia in seasonally adjusted terms was AU$52.57 billion in the March quarter, up nearly 15% on the same period last year, according to figures from ABS.In company news, HealthCo Healthcare and Wellness REIT (ASX:HCW) said the Unlisted Healthcare Fund and troubled hospital operator Healthscope reached an agreement with Bethesda Health Care for the Mount Private Hospital in Western Australia.Goodman Group (ASX:GMG) was selected as the lead development partner for Asamizodai-Araisono North Association, an association of local landowners and stakeholders, which is working on plans for a potential new data center campus in Sagamihara City in Japan.Lastly, SiteMinder (ASX:SDR) launched its SiteMinder Powered capability, which allows select hospitality technology firms to integrate the company's distribution engine directly with their own platforms. Hospitality operating system Mews, the inaugural partner under the new capability, will integrate SiteMinder's distribution engine natively into its platform.
SiteMinder (ASX:SDR) launched its SiteMinder Powered capability, which allows select hospitality technology firms to integrate the company's distribution engine directly with their own platforms, according to a Thursday filing with the Australian bourse.Hospitality operating system Mews, the inaugural partner under the new capability, will integrate SiteMinder's distribution engine natively into its platform, where SiteMinder's Channels Plus, Demand Plus, and Dynamic Revenue Plus products will also be included.Existing SiteMinder and Mews joint customers are expected to transition to the integrated platform during the coming months under commercial rollout plans agreed between the companies, per the filing.The partnership is not expected to have a material financial impact in fiscal year 2026, but SiteMinder Powered should generate incremental long-term revenue opportunities, the company said.SiteMinder shares gained 11% in recent Thursday trade.
SiteMinder (ASX:SDR) will be insulated from artificial intelligence (AI) disruption, with its role as a neutral provider of infrastructure that allows hotels to connect their inventory and rates to AI-powered search and booking platforms, Jefferies said in a Wednesday note.The company will not be redundant in the AI era as it acts as the "execution" layer that turns AI recommendations into actual hotel bookings.AI models handle the "discovery" layer, and they rely on the company to manage the connections to tens of thousands of individual hotel and property management systems, the financial services firm said.Jefferies maintained its buy rating and AU$5.10 price target on SiteMinder.SiteMinder shares fell nearly 1% in afternoon trade Thursday.