A Spot of Wine Rotation on the Cards for Treasury
Shares in Treasury Wine Estates fell by nearly 8% yesterday after a mixed forecast and news of an operational restructure here and in the US.
Read MoreShares in Treasury Wine Estates fell by nearly 8% yesterday after a mixed forecast and news of an operational restructure here and in the US.
Read MoreEagers Automotive reckons rising demand for EVs – especially BYD – will help it offset an expected softening in sales over the next two years.
Read MoreShares in youth-skewing retailer Universal Store took a hammering on Wednesday with a late trading update that left the market very underwhelmed.
Read MoreIt seems everybody’s travelling and making money, as confirmed on Wednesday by the big turnaround in the year to March 31 for online travel group Webjet.
Read MoreAt last, a change at the Reserve Bank of New Zealand with the central bank slowing its chain of rate rises to just 0.25% at its May meeting yesterday.
Read MoreQantas is forecasting a record underlying pre-tax profit of up to $2.48 billion in FY 2023 and has boosted its buyback by $100 million.
Read MoreSt Barbara shares fell over 3% yesterday after it said ‘no’ for a third time to a buyout proposal for its Leonora gold assets from Silver Lake Resources.
Read MoreTuesday saw Westgold announce promising mining results at its WA operations and a new player in the corporate action for Silk Laser.
Read MoreNobody wants Tyro Payments it seems – Westpac walked away last December and now US private equity group Potentia has done the same.
Read MoreGlobal investors may find out as soon as this week how Brazilian miner Vale will handle the much-awaited sale of 10% of its base metals business.
Read MoreThermal coal exporter New Hope Corp revealed an upbeat performance in April’s quarterly report and also provided some surprise news about sales into China.
Read MoreThe $1.89 per share cash offer for Best and Less by a group of insiders has been found to be not fair but reasonable in an independent expert’s report.
Read MoreSilver Lake Resources won’t go away and is adding more pressure on St Barbara to break its wedding banns with Genesis Minerals and sell its Leonora gold mining assets.
Read MoreThe only arguably good thing about this needless Debt Ceiling brouhaha is that nobody seems to be talking about inflation and monetary policy at the moment.
Read MoreAll eyes are on Washington after Republicans twice halted the debt ceiling negotiations, stoking doubt about a deal being reached before the June 1 deadline.
Read MoreUS oil and gas production will soon start sliding after drillers shut down a surprisingly large number of rigs for the second week in a row.
Read MoreNewcrest is gone now, while Genesis looks to have saved its Leonora marriage with struggling bride St Barbara – so what’s the M&A outlook from here for the Aussie gold sector?
Read MoreThe Japanese economy is booming, wages are surging, the stockmarket is at levels not seen in three decades and the outlook is its most upbeat in years.
Read MoreWhy is Berkshire Hathaway still sitting on a huge loss on its stake in Paramount Global, especially when Warren Buffett clearly doesn’t like the company’s cash-eating streaming video business?
Read MoreAs the US debt ceiling talks drag on towards the June 1 deadline set by the American Treasury, big global investors are cashing up, according to the latest BofA survey.
Read MorePositive spins from the country’s biggest beef operator and the erstwhile Kathmandu, with both ending higher in Thursday’s trading session.
Read MoreUnlike other rural sector companies operating, Nufarm seems to have had an almost trouble-free past six months to March with revenue, earnings and dividend all up.
Read MoreNo rate rise pressure on the RBA from either Wednesday’s Wage Price Index or Thursday’s April labour force figures – but no respite, either.
Read MoreThe arrival of accounting software giant Xero’s 2022-23 annual results yesterday brought with it news that sent the shares back over the $100 mark.
Read MoreNews from the industrials side of the market yesterday with shades-maker Gale Pacific and discount retailer Best and Less each disappointing the market.
Read MoreUnited Malt Group released an interim result within range of April’s trading update, but again there’s no dividend to be paid to shareholders.
Read MoreA busy annual meeting for Tesla on Tuesday has seen CEO Elon Musk reveal a gloomy outlook for much of the global economy while talking up his company’s prospects.
Read MoreIncitec Pivot shares fell 10% at one stage yesterday after revealing a weak performance in its fertilisers business for the six months to March 21.
Read MoreGenesis Minerals has slightly sweetened its bid to buy St Barbara’s gold mining assets in the Leonora district of WA’s eastern Goldfields.
Read MoreChina’s final data for the month covering retail sales and (especially property) investment put beyond any doubt that the economy remains in a very low gear.
Read MoreBuilding products multi-national James Hardie has reported record sales for the year to March 31 but warned of a slowdown in the current June quarter.
Read MoreStruggling tech Appen is looking for $60 million from institutions and ordinary shareholders in what could be a final effort to remain viable.
Read MoreThere’s an enormous chance for Australian miners to get global scale by positioning themselves to buy mines Newmont wants to flick after it takes control of Newcrest.
Read MoreFour days before its interim result, gaming machine company Aristocrat Leisure has made another attempt to get deeper into the online real money gaming business.
Read MoreA mixed bag in Monday’s ASX session, with Pact Group taking a big hit on a profit warning and TPG coming back for another bite of the InvoCare cherry.
Read MoreElders shares slumped more than 14% to a new 52-week low at one stage on Monday in the wake of a 46% slide in interim earnings and reduced dividend.
Read MoreNewmont didn’t need all of its extra week of due diligence to nail down its all-paper $US17.8 billion dollar takeover of Newcrest Mining.
Read MoreShares are an attractive destination for Warren Buffett’s cash at most times, but right now he seems to have decided that the attraction has waned a bit.
Read MoreA week on from the 2023-24 federal budget and the health of the labour market and wages will be tested in successive days on Wednesday and Thursday.
Read MoreCommodities traders did most of the walking last week, while for lithium stocks and Newcrest shareholders the talk never seems to end.
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