October Brings Buyback Windfall for Income Investors
Plato’s Dr Peter Gardner looks at the recently-completed off-market buybacks by Commonwealth Bank and Woolworths, and specifically their tax implications for income investors.
Read MorePlato’s Dr Peter Gardner looks at the recently-completed off-market buybacks by Commonwealth Bank and Woolworths, and specifically their tax implications for income investors.
Read MoreVanEck’s Joe Foster believes that, while the risks inherent to a Fed tightening cycle will eventually drive gold prices higher, markets are currently in a euphoria where complacency reigns and risks are ignored.
Read MoreThe Australian sharemarket ran out of steam this afternoon, with the ASX 200 finishing flat despite being higher at midday. Major markets across Asia fell while US futures are lower.
Read MoreLike Netflix the day before, Tesla has surprised by topping market forecasts in yet another sign that America’s megatechs are doing well, thank you.
Read MoreRio Tinto has announced that it will triple its climate ambitions by aiming to cut slash emissions by 50% by 2030 at a cost of at least $US7.5 billion (more than $A10 billion) over the next eight years.
Read MoreASX200 up 2 points to 7415. Bluescope (+2.6%); upgraded its 1H earnings forecast, citing strong demand and prices for its steel, especially in the US.
Read MoreUnlike a year ago when it was clear retailing was doing very well in the rebound from the first wave of the pandemic (especially online during the shutdown), this time around it’s a very mixed bag.
Read MoreThe Beetaloo Basin is shaping up to be Australia’s next big hydrocarbon province, prompting some in the industry to proclaim it as one of the hottest shale gas plays in the world.
Read MoreValue trades often emerge when a great business sits within a mediocre sector, or when the market assigns an arbitrary discount to a type of business. For Airlie, Seven Group Holdings falls into both categories.
Read MoreDespite revealing that it is selling more international tickets than domestic ones for the first time since the start of the pandemic, Flight Centre saw 4% carved off its share price in Wednesday’s trading session.
Read MoreThe question for Australian investors is to what extent China’s current woes should concern them and what impact they may have on markets? T. Rowe Price’s Randal Jenneke gives his thoughts.
Read MoreThings are bubbling along quite nicely for two local resource companies, with Oz Minerals lifting its full-year guidance and Evolution Mining beating expectations on both an earnings and cost basis.
Read MoreThe attached webinar on the current state of the Australian residential property market was presented by CoreLogic’s Tim Lawless, one of Australia’s most popular property market analysts and commentators.
Read MoreMore problems at the worst time for the Chinese property sector, financial system and wider economy with no growth in house prices in September for the first month in more than a year.
Read MoreWhile the Australian sharemarket faded from this morning’s three-week high, the ASX 200 still managed to lift for a fourth time in five days. Energy stocks and telcos both fell while all other sectors improved.
Read MoreA day after would-be Canadian nickel miner Noront Resources chose the higher offer 70 cents a share (Canadian) from Andrew Forrest’s Wyloo Metals, BHP has hit back with a higher offer of its own.
Read MoreOnline retailer Kogan seems to have used some old-fashioned bricks and mortar retailing skills to slash the size of its stocks of unsold goods.
Read MoreASX200 up 65 points (0.9%) to 7440. Evolution (+1%); said its 1Q gold output was higher than the preceding quarter and that costs were also higher, but not by as much as expected.
Read MoreUS markets advanced overnight to end around session highs helped by encouraging earnings results. The Dow rose 0.6% to near session highs. The S&P 500 gained 0.7% and the Nasdaq index added 0.7%.
Read MoreHelped by record viewing numbers across the platform for South Korean sensation Squid Game, Netflix added an above-estimate 4.36 million
new subscribers in the September quarter,
BHP has joined rival Rio Tinto in revealing a weak performance in its core Australian iron ore export operation in the Pilbara, failing to match last year’s output for the third consecutive quarter.
Read MoreShareholders in gambling giant Tabcorp face a bill in the hundreds of millions of dollars for the company’s management’s desire to demerge its lotteries and Keno businesses from wagering and media.
Read MoreMultinational logistics group Brambles has warned that supply chain issues across its global businesses could potentially hit its earnings forecasts for the current financial year.
Read MoreShareholders in casino operator Star Entertainment Group will again go without while the company continues to trade with its financiers, with the 2021-22 interim dividend withheld.
Read MoreInfrastructure, interest rates and inflation: 3 dynamics that are commonly linked. But, as 4D Infrastructure explains, often in an incomplete manner that does not reflect the full story of their correlation.
Read MoreA fintech is just a business that helps bring better technology to financial services, making banking, insurance, and wealth management cheaper and more efficient. But what are some fintech companies?
Read MoreASX200 up 21 points (0.3%) to 7402. Brambles (+2.8%); said North American customer growth was constrained at the start of FY22 by pallet shortages that it doesn’t see being resolved until 4Q.
Read MoreUS stocks recovered from early weakness that was inspired by weaker economic news, in addition to rising long term interest rates and higher oil prices. The Dow fell 0.1%, the S&P 500 gained 0.3% and the Nasdaq added 0.8%.
Read MoreHomeCo Daily Needs (HDN) real estate investment trust (REIT) is set to become a $3.2 billion operation under a proposed takeover of rival Aventus that values them at $3.82 per share.
Read MorePoker machine and technology group Aristocrat Leisure is asking shareholders for $1.3 billion to help fund a massive $5 billion purchase of UK-listed global gambling software group Playtech.
Read MoreMore upbeat news from retailing with emerging online furniture and homewares operator Temple & Webster again confirming that the Covid lockdown has been very good for business.
Read MoreCorporate Connect analyst Paresh Patel has today released an in-depth research report on emerging ASX-listed financial services company WT Financial Group (ASX: WTL).
Read MoreCovid and its associated consequences have forced many businesses to survive on debt, not economic viability. This, as Magellan’s Michael Collins argues, increases the risk of broader financial instability.
Read MoreChina’s economy turned ugly in the three months to September as growth weakened sharply, only serving to magnify concerns about problematic sectors such as steel and property.
Read MoreThe Australian sharemarket rose for a third straight day in choppy trade, with the ASX 200 lifting by 0.26% thanks mainly to strong gains from financials and materials.
Read MoreIn his weekly Bites column, David Bassanese from BetaShares gives us a rundown of what’s happening in markets, both local and global.
Read MoreGPT is continuing its shift away from CBS office towers and destination shopping malls, expanding its push deeper into logistics to $4.1 billion.
Read MoreASX200 down 4 points to 7358. Senex Energy (+15%); is in talks with Posco over a potential takeover by the South Korean explorer. Posco has submitted an indicative $4.40 bid.
Read MoreCatch up on the full webinar with a keynote presentation from OC Funds Management & presentations from Magnis Energy Technologies (ASX: MNS), Cobram Estate Olives (ASX: CBO) & Silk Logistics Holdings (ASX: SLH).
Read MoreSam Beaton – Joint CEO – Cobram Estate Olives is Australia’s largest producer and marketer of premium quality extra virgin olive oil.
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