Stateside Shift Suiting Amcor Superbly
December half year figures confirm packaging giant Amcor is seeing solid returns after it transplanted itself in the wake of the $US6.8 billion Bemis packaging takeover in 2019.
Read MoreDecember half year figures confirm packaging giant Amcor is seeing solid returns after it transplanted itself in the wake of the $US6.8 billion Bemis packaging takeover in 2019.
Read MoreNew Zealand currently finds itself in the grip of high inflation, low unemployment and rising interest rates because of increasing cost pressures and still-too-high house prices.
Read MoreJust as Apple did with its stellar 4th quarter results, search and video giant Alphabet (Google) has blown up the idea that tech companies have peaked as investment ideas.
Read MoreThe RBA left interest rates steady and made it clear it will not be forced into lifting them by the current rise in inflation despite confirming the end of its QE campaign on Feb 10.
Read MoreNews today that Boral will return $3bn in capital to shareholders later this month, while Ramsay Healthcare announced the acquisition of UK mental health care provider Elysium.
Read MoreShares in Credit Corp jumped 6% at one stage yesterday as investors enthusiastically greeted what was a solid interim result, higher dividend and upbeat outlook.
Read MoreThe Reserve Bank obviously didn’t find anything to ‘scare the horses’ in yesterday’s start of the month economic data ahead of its first monetary policy meeting for the year.
Read MoreJanuary 2022 saw the bears win a knock’em down battle with the few remaining bulls in a surprise crunch to the first month of the new year.
Read MoreA big payoff for LNG player Origin Energy from 2021’s gas price surge thanks to shortages in Europe, China, Japan and South Korea, aided by cold winter weather in those regions.
Read MoreWhile lower margins had been expected by the market, the sharp cut to Ansell’s earnings forecasts – made in part because of two major disruptions to suppliers – was not.
Read MoreThe first day of trading in reunified BHP shares under the sole ASX listing was a reminder of where the real weight lies when it comes to the ASX 200’s diurnal ebbs and flows.
Read MoreA busy start to the week for the ASX saw plenty of news doing the rounds on Monday. Here are updates from ARB Corporation, Bubs Australia and the Commonwealth Bank.
Read MoreTwo reports show the pace of economic activity across China slowed noticeably in January ahead of the Lunar New Year break starting tomorrow and the 2022 Winter Olympics starting Friday.
Read MoreIron ore up, oil and gas up, coal, a touch lower but higher than in December, copper, silver and gold all weaker – commodities don’t seem to know if they are Arthur or Martha at the moment.
Read MoreThis week should see investors fully up to date on what the RBA thinks happened in the Australian economy over the holiday break and the likely path for the early months of 2022.
Read MoreMore than $15.3 billion worth of BHP shares were traded on Friday ahead of today’s commencement of higher market weightings in the major ASX indices for the mining giant.
Read MoreOvernight trading on the ASX futures saw a fall of 16 points at the close Saturday morning that bore little resemblance to the driving finish on Wall Street an hour or so earlier.
Read MoreUS jobs, central bank meetings, GDP for the Eurozone, Russian tensions in Ukraine, cranky markets – it’s shaping up as another busy week for investors to struggle with.
Read MoreThe annual assessment of disasters from Munich Re, one of the world’s biggest re-insurers, again raises the question of why you would want to invest in or run an insurance company.
Read MoreTesla has been great, but the award for listed company of 2021 surely goes to Apple as investors lifted its value to an unheard-of $US3 trillion on the first trading day of the New Year.
Read MoreDoes anybody truly believe that interest rate rises in Australia will have any impact on oil and petrol prices except to increase the cost of living for millions of people?
Read MoreApple has reported record revenue for the December quarter (its first for its 2021-22 financial year), topping sales forecasts for every major product it sells bar iPads.
Read MoreThe US economy grew faster than forecast in the December quarter and for 2021 as a whole, but that failed to hold the attention of Wall Street investors who continued to sell.
Read MoreShares in online retailer Kogan.com fell more than 12% to $6.15 on Thursday after another weak trading update and soft early figures on earnings for the December half.
The shares
Read MoreWoodside has followed France’s TotalEnergies and Chevron of the US in quitting Myanmar following last year’s military coup and the deteriorating human rights situation there.
Read MoreSolomon Lew’s Premier Investments has gone against the trend of weak updates from Australian retailers with a solid early report on its performance in the first half of 2021-22.
Read MoreOz Minerals earned record annual revenues as it lifted production and sales of gold and copper to take advantage of high prices for most of the year – especially copper.
Read MoreDespite a stronger than expected earnings report, concerns about supply chain problems led to Tesla shares slumping 5% in afterhours trading on Wednesday, US time.
Read MoreUS markets look like getting what they have demanded – a rate rise from the Federal Reserve at its March meeting.
Read MoreInflation rose more sharply than forecast as business conditions and confidence eased in December, with the latter due to the rolling impact of Covid omicron on employment.
Read MoreFortescue Metals is heading for a sharp slide in revenue and earnings for the December half after the average price the company gets for its iron ore slumped by nearly 40%.
Read MoreA second half slowdown led by top producer China took the gloss off what should have been a year in which steel output topped the 2 billion tonnes mark for the first time.
Read MoreMyer has become the latest retailer to warn of the damage done to earnings from last year’s lockdowns and the sudden advance of the omicron variant of Covid in December through January.
Read MoreAdairs shares slumped more than 20% yesterday after the company joined the list of retailers warning of damage done to sales and earnings by last year’s Covid-driven lockdowns.
Read MoreSouth32 shares lost 3.6% to close at $3.94 on Monday despite solid December quarter numbers from its Cannington silver-lead mine in North West Queensland.
Read MoreWhitehaven Coal shares came under further pressure on Monday, falling more than 4% to a close of $2.65 in the wake of the miner’s weak December quarter report and outlook.
Read MoreRegis Resources revealed a story that will become more familiar from the resources sector in coming months as La Nina’s wet weather impacts mining and exploration efforts.
Read MoreUnlike its smaller associate Djerriwarrh Investments, Australian Foundation Investment Co (AFIC) did not lift the company’s interim dividend, despite a surge in income and earnings.
Read MoreWoodside is looking at a near $1 billion one-off boost from the write back of previous losses taken in the troubled 2020 year as world prices collapsed and demand plummeted.
Read MoreGlobal markets, already is disarray, will be further tested by news on rates from the US Federal Reserve and the quarterly results from Apple and Tesla, which could end up feeding off each other.
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