Lendlease Ushers in New Era with Some Deck-Clearing
A new CEO usually means a new broom and ideas and a bit of a clean out after a company’s long-time chief moves elsewhere, and so it was for Lendlease in the six months to December.
Read MoreA new CEO usually means a new broom and ideas and a bit of a clean out after a company’s long-time chief moves elsewhere, and so it was for Lendlease in the six months to December.
Read MoreAs we have seen with other resource stocks, last year turned out to be the best in decades thanks to a sustained commodity price boom. Copper/gold miner OZ Minerals didn’t miss out on the fun.
Read MorePandemic-related damage popped up in a couple of interims from retail groups on Monday, while Sonic Healthcare’s good run may just be petering out and A2 Milk’s luck about to turn.
Read More2021’s global steel boom powered Australian/US producer and exporter, BlueScope Steel to its best ever six months and the company says it is expecting this trend to continue into 2022.
Read MoreDespite the AGL board’s advice to the contrary, Monday’s market reaction reckons a deal will be done for the company at around $8 a share and that it will be done soon.
Read MoreWith the US market closed for a holiday long weekend, the ASX 200 looks set to open sharply lower today, with a 51-point loss pencilled in from futures trading after Friday’s 72-point slump.
Read MoreVariations on familiar themes – Ukraine, commodities, Covid, earnings, local and global monetary policy – will make up the potpourri of issues for markets to contend with over the coming week.
Read MoreWhile the Australian jobs market remains solid in the face of Covid Omicron, costs associated with handling the impact of the pandemic are making life tough for the retail sector.
Read MoreAhead of the highly liquid US markets being closed today, commodities, especially oil, took a bit of a breather on Friday as Russia’s provocations on the border with Ukraine continued.
Read MoreThe report card for the country’s three major ASX-listed gold miners – Newcrest, Northern Star and Evolution Mining – for the six months to December can be regarded as a pass mark at best.
Read MoreAlbemarle shares saw their biggest ever fall on Thursday after its profit forecast disappointed investors who were expecting a bigger windfall from record-high prices of the key battery metal.
Read MoreBig global investors seem to be a pretty sanguine lot at the moment, judging by the way they view the threat to global stability from Russia, energy prices and economic activity across Europe.
Read MoreWarren Buffett has given investors a few tantalising clues about the way he sees the markets heading via his company Berkshire Hathaway’s 4th quarter investment report.
Read MoreGlobal insurer QBE has boosted full dividends for its December, 2021 financial year to more than seven times the small 4 cents paid for Covid-hit 2020.
Read MoreAnother busy day on the Australian bourse. Here’s the latest from some of the companies at the bigger end of town – Woodside Petroleum, Wesfarmers, Telstra and South32.
Read MoreWhitehaven produced a set of record results for the December half on Thursday and returned to dividend payouts for the first time in two years, and yet the shares slid 6% at one stage.
Read MoreAnnuities specialist and fund manager Challenger is heading deeper into banking after posting a half-year profit of $282 million and lifting interim dividend 21% to 11.5 cents a share.
Read MoreOrigin Energy’s news about the closure of its huge Eraring power station in the Hunter Valley overshadowed the mixed bag of a half year result for the energy group on Thursday.
Read MoreOrigin Energy has shocked with a decision on Thursday that could see it close its huge Eraring coal fired power station in the Hunter Valley of NSW seven years earlier in mid to late 2025.
Read MoreThe market liked the solid interim results and higher rewards for shareholders from two of the biggest ASX-listed Trans-Tasman companies – EBOS and Fletcher Building.
Read MoreShares in Fortescue Metals eased yesterday as the company’s earnings took a hit from softer prices, higher costs and the weaker demand for lower-grade iron ore.
Read MoreOil and gas producer / exporter Santos more than tripled full-year profit in the 2021 financial year as it rode the crisis-driven 50%-plus surge in global energy commodity prices.
Read MoreBreville has overcome supply chain and logistics disruptions to report strong earnings growth for the six months to December, with shareholders being duly rewarded.
Read MoreThe Chinese dramas a couple of years ago must seem like a distant memory now for Treasury Wines, as their latest result shows the new diversification strategy is clearly working.
Read MoreAs many analysts had forecast, constraints on plasma collection (especially in the US) led to a small dip in December half-year earnings for blood products colossus CSL.
Read MoreTuesday saw personal protective group Ansell confirm weaker guidance given a couple of weeks ago, while the news from property trust Dexus mixed the good with the bad.
Read MoreNothing like having a better-than-expected result and a tasty reward for shareholders under the belt and so it was with BHP, with a big rise in profit and a record interim dividend.
Read MoreScrap metal merchant Sims has beaten market expectations with soaring results that included a 74% surge in December half revenue and a near quadrupling in net profit.
Read MoreFor reasons unclear, the market didn’t like what seemed a solid interim result from Kerry Stokes’ Seven West Media, sending shares down more than 6% in Tuesday trade.
Read MoreThe year to December 2021 was a case of marking time for GPT, with no real growth in revenue, earnings or distribution – but management has high hopes for 2022 and beyond.
Read MoreA busy old Monday session on the ASX with a bunch of news out from various companies and sectors. Here’s the latest from Beach Energy, Boral, Aurizon and Carsales.com.
Read MoreInvestors loved the news that shareholders in consumer electronics retailer JB Hi-Fi will get a $250 million ‘gift’ via a buyback to help make up for a lower interim dividend.
Read MoreInvestors ignored a sharp slide in Bendigo and Adelaide Bank’s net interest margin and a slightly reduced dividend to send the shares up more than 4% in Monday’s ASX trading.
Read MoreCrown Resorts has agreed to be bought by funds associated with and controlled by US private equity giant Blackstone for around $8.9 billion.
Read MoreAustralian iron ore exports have made a strong start to 2022 – a case of perfect timing as major competitor Brazil’s shipments were being hit by heavy rain and bad weather.
Read MoreAmid all the geopolitical turmoil, central bank meeting minutes in Australia and the US, inflation figures from the UK and China, and plenty of other factors will vie for investors’ focus this week.
Read MoreThis week sees the peak of the Australian December 30 interim and full year reporting season, with BHP leading the way along with plenty of other majors across most sectors.
Read MoreThe ASX will be heading lower this morning after Wall Street slid Friday on increased fears of an imminent Russian attack on Ukraine, perhaps even as early as this week or next.
Read MoreOil will again dominate commodity markets this week as major oil exporter Russia continues to ride the price boost it is driving with its threats to global stability by pressuring Ukraine.
Read MoreWhile global gold production bounced back in 2021, prices have made a choppy start to the new year as traders confront a stronger $US and rising rates – two traditional negatives for the metal.
Read More