Lynas Finds Bounty in Rare Earths
Suddenly there’s a lot of money in rare earth prices, and after promising a lot and delivering little for years, Lynas has proved that solid hard work can end up realising all that potential.
Read MoreSuddenly there’s a lot of money in rare earth prices, and after promising a lot and delivering little for years, Lynas has proved that solid hard work can end up realising all that potential.
Read MoreOne-time glamour stock a2Milk confirmed on Thursday that it is one of the biggest corporate casualties of the Covid pandemic with a 77% slump in earnings for the year to June.
Read MoreShareholders in Woolworths have joined the ‘rivers of gold club’ that has already showered largesse on the likes of the Commonwealth Bank, Suncorp, the ANZ and NAB.
Read MoreA big payout for Ramsay shareholders, but if the $1 billion-plus Spire takeover hadn’t been rejected by holders of the target company, would Ramsay have been anywhere near as generous?
Read MoreAs expected, Qantas, Air NZ and Flight Centre all clocked up losses in the year to June 30 thanks to the continuing impact of Covid and its variants on domestic and international travel.
Read MoreAPA Group has reported a 99 per cent drop in statutory profit in the year to June thanks to the $250 million write-down at the Orbost gas plant in Victoria, as well as other charges.
Read MoreThe takeover of Saracen and the reuniting of the Super Pit near Kalgoorlie under one owner paid off for Northern Star Resources in the year to June 30, with record earnings and a new dividend policy.
Read MoreResults from three key tech stocks – Afterpay, Zip Co – and Wisetech Global tell an interesting story about the future of the space in Australia once Afterpay is no more.
Read MoreKerry Stokes is retiring as the chairman of his majority-owned Seven Group Holdings after the company turned in a solid result, and the market didn’t particularly like the news.
Read MoreNine Entertainment joined rival Seven West Media and regional operator Southern Cross in reporting a solid rise in earnings and a net profit after tax of $183 million for the year to June.
Read MoreAs the reporting season winds down, here are snippets from the results announced yesterday by shopping mall owner-operator Scentre Group and online retailer Kogan.com.
Read MoreStrong results and increased dividends from SEEK, Ansell and Monadelphous weren’t enough to satisfy the market, with each company’s shares falling in Tuesday’s ASX session.
Read MoreAs the reporting season winds down, here are snippets from the results announced yesterday by Kerry Stokes-controlled Boral Limited and fuel supplier Viva Energy Group.
Read MoreA quick peek at the profit reports released this morning by Oil Search and Kogan.
Read MoreLike Sonic, who reported yesterday, Ansell has been one of the biggest listed beneficiaries of the pandemic, with sales, profits and returns to shareholders surging in 2020-21.
Read MoreDespite more than doubling its profit this time around, Reliance Worldwide has declined to provide 2021-22 guidance due to the ongoing uncertainty surrounding market conditions.
Read MoreElectricity distributor Spark Infrastructure has gone to foreign buyers, now Ampol wants to square the ledger by buying New Zealand’s major petrol company Z Energy.
Read MoreMore Covid tests meant more money for Sonic Healthcare in the year to June 30, with the pathology group arguably the single biggest beneficiary of the pandemic on the ASX.
Read MoreThe flood of money into financial markets and, through them, the housing sector helped McGrath real estate business stage a significant turnaround in performance in the year to June.
Read MoreOut-of-home advertising products group oOh!media will again not pay a dividend, despite reporting a 22% jump in revenue to $251.6 million for the half year to June 30.
Read MoreThe highly-profitable Australian June profit reporting season heads into its final week with 100 major companies reporting their results, but will wrestle for attention with Covid and lockdowns.
Read MoreFinancial markets remain slow to recognise the dangers of the upsurge in global Covid Delta cases; not so oil, where prices suffered their biggest week of losses in more than nine months.
Read MoreThe ASX is looking at a modest gain when trading resumes this morning after Wall Street ended a tough week solidly in the green on Friday, but it will be the worsening local Covid situation that will be the real driver of sentiment.
Read MoreMore of the same this week for markets here and offshore – earnings, Covid, China’s continuing crackdown on its best-performing parts of the economy, plus the $64k question: Will the Fed taper and, if so, when?
Read MoreBy the close of trading on Friday, we had a clearer picture of the extent of the damage the Chinese government has done to its own market and that of Hong Kong over the past couple of months.
Read MoreIn iffy market times, it is always nice to know what the pointy end of town has been up to, and they don’t get much pointier than Warren Buffett and Berkshire Hathaway. As usual, he’s been up to plenty.
Read MoreWith the huge news of BHP’s exit from oil and gas and proposed entry into potash, we thought it apropos to do a deeper dive into the reasons behind the move and what it means for The Big Australian moving forward.
Read MoreToyota has revealed a 40% cut in planned vehicle production for September as the Covid-driven global shortage of computer chips caught up with the world’s biggest carmaker.
Read MoreBillions of dollars have been wiped off revenues of mining giants and from Australia’s trade account after the rout in global iron ore market accelerated on Thursday with prices seeing their largest ever one-day fall.
Read MoreData from the ABS that showed the nation’s jobless rate fell to a 13-year low is not a real reflection of the labour market as it was before the full impact of the current series of lockdowns hit.
Read MoreWith peak reporting season upon us, here are snippets from the results announced yesterday by resource companies Newcrest, South32, Evolution Mining and Origin Energy.
Read MoreWith peak reporting season upon us, here are snippets from the results announced yesterday by winemaker Treasury Wine Estates and casino owner-operator Star Entertainment.
Read MoreWith peak reporting season upon us, here are snippets from the results announced yesterday by a couple more retail companies: Beacon Lighting and Reject Shop Ltd.
Read MoreThe ASX may be at or around all-time highs and risen to those levels during the year to June, but that hasn’t translated to higher earnings or a higher dividend for shareholders.
Read MoreNo trading update nor buyback for now from ANZ, but plenty of guidance on their loan books and capital position, both of which look strong enough for now.
Read MoreWith peak reporting season upon us, here are snippets from the results announced yesterday by a couple of key resource companies: OZ Minerals and Woodside Petroleum.
Read MoreWith peak reporting season upon us, here are snippets from the results announced yesterday by a couple of big-name multinational companies: CSL Limited and Amcor.
Read MoreWith peak reporting season upon us, here are snippets from the results announced yesterday by some local retailers: Coles, Super Retail Group, Bapcor and mall owner-operator Vicinity Centres.
Read MoreThe sudden outbreak of Covid Delta in the Auckland area and snap lockdown has forced the Reserve Bank of NZ to hold off lifting its key cash rate.
Read MoreFletcher Building, one of Australasia’s biggest construction and building products groups, has confirmed a solid turnaround in the year to June, announcing a $NZ305 million profit.
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