Reliance Result Not Quite What it Seems
The bare September quarter figures from Reliance Worldwide didn’t tell the real story of a company suffering margin compression from rising costs and weak sales in the US.
Read MoreThe bare September quarter figures from Reliance Worldwide didn’t tell the real story of a company suffering margin compression from rising costs and weak sales in the US.
Read MoreThere are some very nervous investors in China and Hong Kong after stockmarkets saw big losses on Monday in the wake of last week’s 20th Communist Party Congress.
Read MoreShares in Gascoyne Resources soared yesterday after a positive update from the wonderfully-named Never Never prospect near its Dalgaranga Gold Mine in WA.
Read MoreShares in South32 peaked early in Monday trade then slid as investors combed through its September quarter report and gave it a mildly negative reading.
Read MoreOZ Minerals did its defence against BHP’s $25 per share offer no favours yesterday with the second full-year profit downgrade in the space of a quarter.
Read MoreIf markets are to run higher, it will have to be because the Fed has eased its pressure on the interest rate pedal and in turn on the value of the ultra-strong US dollar.
Read MoreThe seemingly constant game of catch-up looks certain to continue today with the ASX set to lift in synch with Wall Street’s sharp jump on Friday night.
Read MoreLots of interest rate action this week ahead of the main event next week, with a dose of inflation data and fiscal policy here in Australia to shake up the five trading sessions.
Read MoreIt will be Wednesday’s September quarter CPI and not Tuesday’s pseudo-budget from the Albanese government that markets will be more interested in this week.
Read MoreWith Chinese markets sliding and the yuan at new lows, President Xi Jinping is risking more uncertainty by purging the current head of the People’s Bank of China.
Read MoreDon’t call it Netflix, but rather Netcash as the world’s largest streaming company again made fools of many of the naysayers and analysts in the media and entertainment sectors.
Read MoreThe oddly perverse thing about how sentiment in the markets is now showing all the signs of full capitulation is that this could in turn open the way to an equities rally in 2023.
Read MoreWith China hiding its latest steel production data and iron ore import figures from western scrutiny, investors in companies like BHP, Fortescue Metals and Rio Tinto are flying blind.
Read MoreA 25% plunge in the price of Snap shares in a matter of minutes on Thursday was not a sight investors would have wanted to see ahead of a big quarterly reporting week for tech majors.
Read MoreStrong quarterlies from the country’s two major oil and gas groups Woodside and Santos on Thursday – thanks in part to the big takeover each has made in the past year.
Read MoreDespite Tesla’s September quarterly report leaving some analysts nonplussed, CEO Elon Musk sees no limit to his company’s success and doesn’t seem to care who knows it.
Read MoreThe stead of Australian companies in the global renewables business has been confirmed by the $US2.8 billion in grants from the Biden administration announced yesterday.
Read MoreUninspiring announcements from Northern Star Resources and Evolution Mining saw each company’s stock price lower at the end of Thursday’s ASX session than at the start.
Read MoreAny doubt about the quality of Chalice Mining’s discovery at Julimar has just been blown away with news of a significant expansion to the original Gonneville discovery.
Read MoreA flooding-related production shortfall for Whitehaven Coal has provided the unanticipated benefit of pushing the price for the company’s thermal coal to new record levels.
Read MoreBHP has followed Rio Tinto’s weak lead from Tuesday by leaving an underwhelmed market pondering the details of its 2023 first quarter report yesterday.
Read MoreIt is Origin Energy’s domestic gas supplies, rather than exported LNG, that has of late been delivering higher profits and shareholders could reap the benefit sometime soon.
Read MoreTuesday’s US trading session saw a major spike in the price of streaming giant Netflix after the company produced much better than expected figures.
Read MoreStrong demand for lithium has seen Pilbara Minerals accept a bid for a spodumene concentrate cargo ahead of the next auction on its battery material exchange.
Read MoreAnother underwhelming quarterly performance from its iron ore division has led to the world’s biggest miner Rio Tinto winding back expectations for its 2022 financial year.
Read MoreVarious unexpected problems have forced St. Barbara Mining to reduce production and new investment – and saw the shares plunge more than 20% on Tuesday.
Read MoreCautious optimism was the name of the game on a somewhat brighter ASX session Tuesday for both industrial behemoth Brambles and the smaller Treasury Wine Estates.
Read MoreCosta Group shares sold off on Monday after the company revealed it continues to feel the negative impact of the big wet across its East Coast operations.
Read MoreTwo leading ASX-listed companies lost their CEOs yesterday in very different circumstances: Adbri in a strategic move, and miner IGO in a far more tragic fashion.
Read MoreThe NSW casino regulator on Monday confirmed it had suspended the gaming licence of Star Entertainment’s Sydney casino and hit it with a record $100 million fine.
Read MoreOne could almost be excused for thinking we are in the middle of a roaring bull market in the context of very upbeat presentations on Monday from CSL and Endeavour Group.
Read MoreAll eyes on China this week, both for Xi Jinping’s ascension to a third term as President as well as another set of data confirming its atrocious handling of Covid and the economy.
Read MoreAnother big selloff is on the cards for the whiplashed ASX today after Wall Street reversed most of Thursday’s surge with a sharp slide in Friday’s US trading session.
Read MoreUS market talk has it that Rupert Murdoch is exploring a recombination of Fox Corp and News Corp just over 9 years after he engineered the split in the family empire.
Read MoreOil once again hogged the commodities spotlight last week with prices reversing gains made in the wake of the OPEC+ decision to cut its global production target.
Read MoreThe first serious consolidation for years is underway in American retailing, with supermarket giants Kroger and Albertsons set to merge in a $US24.6 billion deal.
Read MoreThe US third quarter earnings season accelerates this week with sentiment tested from the get-go by reports tonight from Tesla and then Wednesday morning from Netflix.
Read MoreConcerns for Resmed and Fisher and Paykel Healthcare after a surprise profit warning from Philips, their big Dutch rival in the sleep and respiratory sectors, saw its share price hit 10-year lows.
Read MoreA typically frenetic week just past in the lithium and EV space with a whole host of news from around the globe, which we have gathered here for you in one handy piece.
Read MoreBrazilian iron ore exporter Vale could be facing a period of turmoil on its share register – a move that may prove immensely advantageous to BHP, Rio Tinto and Fortescue Metals.
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