AGL Unwavering on its Breakup Plans
AGL Energy is standing by its plan to split into two companies in the face of yesterday’s stock purchase blocking move by tech billionaire and climate activist Mike Cannon-Brookes.
Read MoreAGL Energy is standing by its plan to split into two companies in the face of yesterday’s stock purchase blocking move by tech billionaire and climate activist Mike Cannon-Brookes.
Read MoreTuesday was confession time at Macquarie’s investment conference in Sydney, with a couple of companies owning up to bad news – waste group Cleanaway and chicken company Inghams.
Read MoreTuesday’s ASX session saw some good news released by outdoor gear and automotive products retailer Super Retail Group, as well as by digital real estate group Domain Holdings.
Read MoreWoolworths chief Brad Banducci has broken ranks with other executives, calling for an increase in retail workers’ wages to keep up with the rapidly rising inflation across the industry.
Read MoreThe Reserve Bank has lifted its cash rate by a quarter of a per cent to 0.35%, the first time it has done so since November 2010 when the cash rate was raised to 4.75%.
Read MoreHaving endured a couple of Covid-related false starts and a surge in oil and fuel prices, Qantas has finally forecast a return to profitability after years of relying on government support.
Read MoreAs yields on 10-year Australian bonds hit recent highs on Monday, the RBA is widely expected to at least reveal its hand on rate rises after today’s May monetary policy meeting.
Read MoreAfter a March that saw some metal prices touch new highs, Perpetual’s Clarke Wilkins looks at the major commodities and the sectors and stocks that have caught his eye.
Read MoreA dodgy coal-fired generator in Victoria has again bitten the bottom line of AGL Energy, forcing it to cut its 2021-22 profit forecast with just two months to go in the financial year.
Read MoreWith a view that interest rates will continue to rise in developed markets, bonds face headwinds. Where in the world do bond investors go? The developed world is not enough.
Read MoreAfter being battered by the 2018 banking royal commission and losing numerous board members as sacrifices, the NAB seems to have forged a new path under new CEO Ross McEwan.
Read MoreCatch up on the full webinar with presentations from ActivePort (ASX: ATV), Hexima (ASX: HXL) & CipherPoint (ASX: CPT)
Read MoreTed Pretty – CEO – Cipherpoint through its subsidiaries is a focused managed cyber security services business.
Read MoreMichael Aldridge – Managing Director & Chief Executive Officer – Hexima is a biotechnology company actively engaged in the research and development of plant-derived proteins and peptides for applications as human therapeutics.
Read MoreKarim Nejaim – Managing Director & CEO – ActivePort provides a software-defined networking tool and SD-WAN, to help companies run their technology their way and facilitate global connectivity.
Read MoreNAB said on Monday that it had entered into an Enforceable Undertaking with AUSTRAC after an investigation confirmed flaws in the bank’s compliance with money laundering laws.
Read MoreWarren Buffet has made an investment move that will confound many investors at the moment as markets tank, plunging back into the market as others are leaving it in droves.
Read MoreAlong with interest rates, profits will be the topic of the week for investors, with three major banks producing their financial results in Australia as well as another 162 S&P 500 companies.
Read MoreIt will be a very wary start to May trading on markets around the world today after the sell-off on Wall Street on Friday capped a horrible April – with little apparent respite in sight.
Read MoreApril turned out to be another miserable month for China’s economy, faltering currency and markets – with the botched governmental Covid control measures not helping matters.
Read MoreA frantic week ahead for markets, investors and governments coming to terms with a seemingly never-ending flood of adverse elements and an overwhelming tide of negative sentiment.
Read MoreWe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. So here it is in one handy location. You’re welcome.
Read MoreOf utmost concern for investors and consumers alike is news that Indonesia has just banned the export of a key food ingredient and cooking product for billions of people around the globe.
Read MoreThe 1Q22 financial results from Newmont have again confirmed the world’s biggest gold miner can’t do without its two big Australian mines – Boddington in WA and Tanami in the NT.
Read MoreNewcrest has lifted its gold production guidance slightly along with an increase in output for the March quarter, but warned of continuing concerns here and at its mines in PNG and in Canada.
Read MoreInterest rates may be rising around the world but not in Japan, where the central bank has made it very clear they will not be following suit, even in the face of inflationary and currency pressures.
Read MoreTwo updates on Friday from unrelated sectors linked by a common theme as higher costs saw lower profits from online retailer Kogan and private hospital operator Ramsay Health Care.
Read MoreA negative post-results briefing from Apple and pointed comments from Amazon about cost and supply problems turned what had been a positive day on US markets into an ugly afterhours rout.
Read MoreAmong the various projects it currently has on the go, Tasmanian-based miner ABx Group is serving up rare earth treats for investors from its four Tasmanian super magnet metals prospects.
Read MoreAMP shares enjoyed their best day for months yesterday after it sold the rest of its asset management business to a New York investment firm in a deal worth at least $462 million.
Read MoreAs Magellan Investment Specialist Michael Collins explains, a market failure means pharmaceutical companies are failing to address the threat of increasingly drug-resistant “Superbugs”.
Read MoreA mixed March quarter production report from Fortescue Metals with high production guidance for the year but also higher costs and a further delay for the Ironbridge magnetite project.
Read MoreColes’ quarterly trading update on Thursday provided a timely confirmation of the ubiquity of rising cost pressures and their upward effect on consumers’ ongoing cost of living.
Read MoreSandfire Resources’ big move into the Spanish base metal sector has produced results straight away with the company now very confident about meeting its updated June 30 estimates.
Read MorePaul Xiradis, Executive Chair and Chief Investment Officer of Ausbil Investment Management, discusses portfolio positioning in the current climate and the outlook for Australian equities.
Read MoreChanges afoot at both ends of the spectrum with the Commonwealth Bank getting a new chair and retailer The Reject Shop in the market for a new CEO after a surprise departure.
Read MoreIgnore the as-expected high March quarter inflation readings released by the ABS on Wednesday and instead focus on what the Reserve Bank will do with them at its May meeting next week.
Read MoreAMP has sold its real estate and domestic infrastructure equity business to Dexus FM in a deal valued at about $250 million, and is still looking to offload other parts of its shrunken empire.
Read MoreAn upbeat quarterly report from Syrah Resources, which earlier this month moved closer to a $US107 million loan from the US government to help build a key graphite processing plant.
Read MoreMagellan explains how the Swiss giant with a history stretching to 1866 has, under CEO Mark Schneider, used innovation that enhances everyday brands to strengthen its moat.
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