Things Looking on the Up for LICs
Friday’s December half figures from Djerriwarrh Investments gave us a good idea of the way most of the listed investment company sector will report their interim results.
Read MoreFriday’s December half figures from Djerriwarrh Investments gave us a good idea of the way most of the listed investment company sector will report their interim results.
Read MoreInterest rate speculation steps up this week here and offshore, starting tomorrow with the release of Australia’s December quarter and calendar 2021 Consumer Price Inflation data.
Read MoreWith so many electric vehicles set to enter the market from legacy and new auto makers, 2022 could well mark their commercial tipping-point. Let’s take a comprehensive look at the current state of play.
Read MoreValue investing is now back in favour but inflation still remains a transient factor for most big global investors, according to the January fund managers’ survey from Bank of America.
Read MoreChina has implicitly acknowledged the failure of its monetary policy aimed at halting the slide in the economy and property sector by announcing two separate rate cuts within four days.
Read MoreBHP shareholders in London have joined their Australian counterparts in approving plans to scrap the group’s dual listing and move the main stock market listing to the ASX.
Read MoreShares in Netflix face a near 20% plunge in value on Friday night trading on Wall Street after the company’s forecast for new subscribers for the March quarter fell far short of forecasts.
Read MoreAccording to a Reuters report on Friday morning, the Serbian government has revoking all licenses related to Rio Tinto’s exploration for lithium in the country.
Read MoreBHP shareholders in Melbourne on Thursday night voted overwhelmingly to return the company back to a single listing after 21 years of dual quotation in London and Australia.
Read MoreThe axe has been wielded at leading office, shopping centre and logistics property group GPT, with a significant restructure and the loss of several senior executives in the fallout.
Read MoreOnce again the timing of the monthly surveys for the labour force report from the ABS has prevented us from getting a clearer picture of the true state of the jobs market.
Read MoreShares in Chalice Mining jumped more than 7% on Thursday after the company revealed it had started drilling at a second target area within its Julimar prospect north-east of Perth.
Read MoreThe global LNG boom and energy shortage in Europe and China over the last half of 2021 saw energy majors Santos and Woodside report strong fourth quarters on Thursday.
Read MoreLondon-based private equity firm Cap Vest has overbid local PE group BGH Capital in a new buyout offer for IVF group Virtus Health.
Read MoreRio Tinto revealed in a release on Tuesday that rising opposition had forced it to push back the timeline for first saleable production at its $US2.4 billion Serbia lithium project.
Read MoreTroubled wealth management firm Dixon Advisory has filed for voluntary administration after its directors determined that mounting liabilities and regulatory penalties would leave the company insolvent.
Read MoreAhead of today’s key shareholder vote to unify its corporate structure, BHP has produced a reassuring half year production and sales update – especially for iron ore.
Read MoreInvestors sold off Megaport shares yesterday amid more general weakness among the techs and what investors thought was a less than convincing update for the second quarter.
Read MoreOn Tuesday, Microsoft found a use for just over half of its $US130 billion war chest with a $US68.7 billion all-cash acquisition of gaming group Activision Blizzard.
Read MoreShares in leading electronics and whitegoods retailer JB Hi-Fi rose strongly yesterday after it unveiled a better-than-expected result for the first half of the new financial year.
Read MoreMedia reaction to Tuesday’s ANZ poll showing a sharp fall in consumer confidence is one more example of how we seem to be talking ourselves into another economic slide.
Read MoreYet another disappointing trading update from online retailer Redbubble saw the company’s shares hammered more than 20% in Tuesday’s trading session.
Read MoreRio Tinto might have vowed to get its iron ore business back to growth, but that won’t happen this year after the company set the lowest guidance in at least five years.
Read MoreA solid performance by its key Australian asset, the Fosterville gold mine in Victoria, has made sure Kirkland Gold is in good shape to complete its merger of equals with rival Agnico Eagle.
Read MoreWesfarmers shares rose sharply yesterday despite a substantial downgrade for sales growth and profits as Covid Omicron took a toll on sales in two key chains – Kmart and Officeworks.
Read MoreNo good news in the 2021 Chinese steel production and coal output data, with the former hit by continued regulation and the latter by sluggish construction sector demand.
Read MoreAhead of the BHP unification, US-owned fund manager Vanguard Australia has revealed its rebalancing strategy and warned of some transitory risks to some of its funds.
Read MoreThe 8.1% growth in Chinese GDP for 2021 may look solid, but it cloaks the continuing slide in property investment and the weakest housing price increase in five years.
Read MoreIt is now quite clear that AUSTRAC is going to shake up the Australian casino industry in a way that wasn’t apparent last June when an expanded inquiry was first revealed.
Read MoreA big week for BHP that will lift the company’s importance to the ASX and every major fund manager – especially those that track the ASX 200 and the mining and materials sectors.
Read MoreLast week, investors got a first glimpse of 4Q 2021 earnings trends with reports from Delta Air Lines, as well as some of the leading financial companies. This week, Netflix leads the way.
Read MoreData to be released today will confirm that, despite some strong metrics, the Chinese economy ended 2021 dragging the chain and heading into 2022 in a less than fit state.
Read MoreChina’s iron ore imports tell the story of the country’s commodity demand for the year and hint at what we can expect for much of the coming 12 months – uncertainty and more confusion.
Read MoreTwo weeks into 2022 and already the tone of global commodity and share markets is looking very different to what we saw for much of last year, with nervy investors jumping at every shadow.
Read MoreThe powerful Consumer Financial Protection Bureau has rattled the BNPL sector by opening an inquiry that could very well set new regulatory standards in the next year or so.
Read MoreTime magazine and the Financial Times this week both named Tesla founder and CEO – and undisputed King of the Twitterverse – Elon Musk as their person of The Year for 2021.
Read MoreInvestors should look anew at Newcrest’s Havieron WA prospect, the potential of which to be a major find looks to have improved following the latest end of year exploration update.
Read MoreGlobal copper prices rose on Thursday, jumping 2.4% to more than $US4.28 a pound on Comex, after news that one of the world’s major copper mines could close indefinitely.
Read MoreWe are seeing a very different approach to the one taken a year ago, as we again head into 2022 with Covid threatening global health and economic activity.
Read MoreIGO will pay $1.1 billion in cash for nickel miner Western Areas at $A3.36 per share, thereby confirming one of the worst kept secrets in the mining industry this year.
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