Diary: Time to Take A Breath
A quiet week ahead for global markets and economies as we approach the end of the month and the southern hemisphere’s summer next Sunday.
Read MoreA quiet week ahead for global markets and economies as we approach the end of the month and the southern hemisphere’s summer next Sunday.
Read MoreA Noah’s ark of disasters made 2020 one of the toughest on record for insurance companies.
Read MoreQBE showed why timely updates and refreshed guidance can help soften the blow from bad news, when their shares rose more than 3% on Friday in the wake of their poor result.
Read MoreHearing implant maker, Cochlear is making a return to paying dividends after the impact of COVID, the pandemic and social distancing rules damaged its 2020 finances.
Read MoreAs expected the impact of COVID in various ways has forced global insurer QBE to omit paying a final dividend after a loss for 2020 of $US1.5 billion ($1.93 billion).
Read MoreShares in ANZ hit their highest level in a year yesterday, putting behind the ravages of COVID and the lockdowns after a solid December quarter trading update.
Read MoreAmid the sales surges experienced by Wesfarmers’ operations, Target seems to be heading towards a profitable June 30 year for the first time in quite a while.
Read MoreA not unexpected large splash of red ink on the Woodside Petroleum and Santos profit and loss accounts in 2020 thanks to COVID.
Read MoreWhile Fortescue and Oz Minerals both recorded strong results, South32 looks for the most part to have completely missed the bus on the recent commodities boom.
Read MoreCOVID has been good news for two of Australia’s health giants – Sonic Healthcare and CSL which both revealed very strong double-digit profits on Thursday for the six months to December.
Read MoreNormal service has been restored in the economy, judging by the January labour force figures from the Australian Bureau of Statistics which showed another fall in the unemployment rate.
Read MoreANZ joined rivals Commonwealth, NAB and Westpac in justifying the big rally in their shares since early November with a solid trading update for the December quarter on Thursday.
Read MoreMining giant Rio Tinto reported a better-than-expected 20% rise in underlying profit for the year to December 31 and said it would pay record total dividends of $US5.57 a share.
Read MoreColes shares lost more than 5% yesterday after the company warned sales could weaken in the June half of 2020 as the COVID-19 sugar hit to the sector wears off.
Read MoreWestpac has joined rivals the Commonwealth and National Australia Bank (as well as the regional Bendigo and Adelaide) in reporting a solid recovery in earnings, thanks to the improving economic outlook.
Read MoreOutdoors and automotive retailer Super Retail Group has joined Coles in warning that its sales may start to slow in coming months as vaccines take hold and government stimulus spending eases.
Read MoreYesterday’s half-year results provided a solid hint as to what lies behind Tabcorp’s current popularity, with a 7% slide in profit despite a surge in online betting and growth in its lotteries business.
Read MoreTreasury Wine Estates wants to go on something of a ‘wine diet’ by getting rid of a reported $300 million in assets as it revamps itself to move away from depending too much on selling into China for growth.
Read MoreThe fading fortunes of the Australian coal industry were underlined Wednesday when major NSW exporter, Whitehaven reported a big loss and withheld their dividend.
Read MoreSupermarket giant Coles has become the first retailer to explicitly warn that sales could decline over the remainder of the year as the COVID-19 sugar hit to the sector in the June half of 2020 wears off.
Read MoreNZ-based Fletcher Building is returning to the list of companies paying dividends after a break of 18 months following a 48% jump in first-half profit.
Read MoreBrambles shares edged higher yesterday after the company produced a better than expected first half performance and upgraded its outlook.
Read MoreShares in Fortescue metals Group fell nearly 3% in late trading after the company revealed the sudden departure of three senior executives associated with its Iron Bridge magnetite project.
Read MoreMetal recycler Sims has reinstated its interim dividend, with a 12 cents a share fully franked payout after returning to profit in the six months to December.
Read MoreNAB has joined CBA in confirming that the country’s big four banks remain in good health as revenue, business and profits ride out the COVID-dominated economy.
Read MoreBHP shares jumped nicely yesterday after the world’s biggest miner boosted interim dividend by more than 50% off the back of a solid performance in the six months to December.
Read MoreWhile appliance manufacturer Breville has raised eyebrows by cutting its first-half dividend by a third, protective equipment maker Ansell has chosen to raise its interim by 50%.
Read MoreLinen seller Adairs will repay $6.1 million worth of JobKeeper subsidies claimed from the federal government in 2020 after confirming earlier guidance for a record half-year result for the company.
Read MoreBHP has announced a solid performance in the six months to December, thanks mostly to higher iron ore and copper prices, the rebound in oil prices and continuing strong cost controls.
Read MoreThe Japanese stockmarket smashed through the 30,000-point level for the key Nikkei index on Monday after official figures showed the country’s economy grew strongly in the final three months of 2020.
Read MoreBendigo and Adelaide Bank shares jumped 11% on Monday as investors looked favourably on the company’s dividend payout and upbeat outlook.
Read MoreJB Hi-Fi has nearly doubled its interim dividend after confirming its spectacular first half results yesterday, in turn pushing the share price up more than 3% to $52.44 at the close on Tuesday.
Read MoreA “challenging year” for property giant GPT has forced it to make huge writedowns and cut its dividend by more than 25% from the previous period.
Read MoreKerry Stokes’ Seven West Media’s chances of surviving have taken a turn for the better with a solid improvement in the troubled media company’s financial position in the six months to December.
Read MoreGood news and bad in a trading update from Incitec Pivot (IPL) yesterday that warned investors about problems at its American factories but also hinted as continuing good ties in rural Australia in the wake of the breaking of the drought.
Read MoreRail group Aurizon has edged up interim dividend to 14.4 cents a share for the December half from 13.7 cents for the first half of 2019 despite a weak performance.
Read MoreAs expected the European bidder for Coca Cola Amatil has upped its offer price following pressure from analysts and shareholders and the deal is done, barring any unforeseen events.
Read MoreAir New Zealand says the country’s national government has reaffirmed that it will support the airline’s forthcoming capital raising to retain its majority stake.
Read MoreGrowth in the UK economy slumped by record 9.9% in 2020, the biggest annual crash in output in more than 300 years.
Read MoreAnother busy week in store with retail sales in the US and Australia, Australian employment, central bank meeting minutes, and a bunch more Australian companies reporting.
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