Solid Results from Soul Patts, Brickworks
The market reacted favourably to strong earnings results from investment group Washington H. Soul Pattinson and its major shareholder Brickworks, pushing both companies’ shares higher on Thursday.
Read MoreThe market reacted favourably to strong earnings results from investment group Washington H. Soul Pattinson and its major shareholder Brickworks, pushing both companies’ shares higher on Thursday.
Read MoreNew Zealand’s global dairy giant Fonterra is looking at exiting Australia via a spin-off in a similar way to how Wesfarmers got rid of Coles and Woolies quit its Endeavour liquor and hotels business.
Read MoreRupert Murdoch’s News Corp has announced a $US1 billion program that will include the B Class voting shares, but will sterilise the existing stake of the family in the voting shares.
Read MoreSolomon Lew’s Premier Investments has announced a 97.3% jump in consolidated net profit after tax to $271.8 million for the 53 weeks ended July 31, and the market liked what it saw.
Read MoreWith a strong investment discipline and consistent approach, James Abela and Maroun Younes from Fidelity believe the global stage offers many opportunities to invest in tomorrow’s future leaders.
Read MoreThe Australian sharemarket rose for a 3rd day and had its biggest gain in close to two months thanks to a 1% lift for the ASX 200. All sectors improved, with tech and energy stocks rising most.
Read MoreThe Aussie sharemarket is lifting for a third consecutive day with the ASX 200 on track for its best daily performance since August 2. Gains have been broad with IT, energy & financials leading improvements while healthcare is dragging.
Read MoreASX200 up 69 points (0.9%) to 7365. Black Canyon (+11%); have confirmed strong zones of Manganese found at its Braeside and Oakover West operations.
Read MoreDespite the US Federal Reserve telegraphing its intention to raise rates in 2022, for Australian markets the big news overnight Wednesday was the surge in commodity prices, led by iron ore.
Read MoreThe Asian Development Bank has trimmed its 2021 economic growth forecast for developing Asia as the Covid pandemic continues to dominate the region’s outlook and throw up roadblocks to recovery.
Read MoreDNR Capital’s Chief Investment Officer Jamie Nicol gives his wrap up of the recent reporting season and discusses a few stocks where trusting in DNR’s proven investment process is more important than ever.
Read MoreHere’s why Schroders Investment Writer Jo Marshall believes investors should consider cyber preparedness in their investment decisions and how Schroders has engaged on the topic.
Read MoreSecurities in AusNet and APA Group headed in different directions yesterday as investors reacted to the news that the latter’s near $10 billion cash offer was on hold for the time being.
Read MoreDid Tabcorp miss the bid for its betting businesses when it decided in July not to talk to a number of interested parties and instead put its Lotteries and Keno business on the block in a demerger deal?
Read MoreThe Hong Kong stockmarket was closed on Wednesday, which helped keep the pressure off struggling Chinese property group Evergrande Group ahead of what could be a decisive day today.
Read MoreThe Australian sharemarket recovered from a slow start on reports troubled Chinese property developer Evergrande will repay some lenders tomorrow while China’s central bank will inject additional funds into its financial system.
Read MoreThe Aussie market has enjoyed a slight resurgence approaching lunch on news that Chinese property group Evergrande has negotiated a plan to repay bondholders.
Read MoreWestpac has halted plans to sell its majority stake in Westpac PNG Limited and Westpac Fiji to ASX-listed Kina Securities and will retain it for the time being while it works out a future course of action.
Read MoreASX200 down 22 points (0.3%) to 7252. Lake Resources (+12.6%); has signed a deal with US-based lithium extractor Lilac Solutions, which has ties to Bill Gates and Jeff Bezos.
Read MoreThe Dow Jones index fell by 51 points or 0.2%. The S&P 500 index lost 0.1%. But the Nasdaq index added 32.5 points or 0.2%.
Read MoreThe focus on investing through an ESG lens has intensified. But, as Antipodes’ Alison Savas argues, it’s not as simple as buying stocks with ‘green credentials’, or divesting those with poor backward-looking metrics.
Read MoreThe chairman of stricken Chinese property giant Evergrande told staff on Tuesday said the company is confident it will “walk out of its darkest moment” and deliver property projects as pledged.
Read MoreIGO has confirmed media reports that takeover talks with nickel miner Western Areas are moving closer towards a decision, while Mincor has struck nickel at its Hartley prospect in Western Australia.
Read MoreInfrastructure group APA has produced a rival, higher offer for utility AusNet valuing it at $10 billion, a day after the Canadian/US group Brookfield announced its $9.6 billion offer.
Read MoreView this video with Kej Somaia, Co-Head of Multi-Asset Solutions at First Sentier Investors, as he dispels the myth that investing in dynamic strategies will breach clients’ SAA limits.
Read MoreOutdoor retailer Kathmandu and pharmacy group Sigma have both given early hints of the damage the lockdowns since June have done to some retailers, with both reporting weak sales and earnings.
Read MoreThe Aussie market has managed to improve on Tuesday following heavy selling on local and overseas markets over the past 24 hours.
Read MoreASX200 down 20 points (0.3%) to 7228. New Hope Coal (+3.8%); FY profit $79.4m versus $156m loss yoy and signalled confidence that thermal coal prices would stay strong.
Read MoreThe ASX is heading lower Tuesday after iron ore prices fell another 8% on Monday, but the way prices keeping tumbling, its clear the bottom is in sight.
Read MoreOn the face of it the bid for Australian power distributor AusNet Services is just another rather large deal, but in fact it allows two major Asian companies to make a graceful exit from Australia.
Read MoreDespite a wild ride, gold ended August almost unchanged from the end of July. Once this consolidation has run its course, Joe Foster from VanEck believes tail-risk drivers may drive gold through US$2,000 per ounce.
Read MoreA consortium led by toll road giant Transurban is buying full control of Sydney’s WestConnex road system for more than $11 billion after winning the NSW government’s auction of its 49% of the business.
Read MoreFive major banks have shown up Resources Minister Keith Pitt by organising the retrospective investment of $280 million into a huge wind farm and battery hub in north Queensland.
Read MoreGiven the turmoil currently overwhelming global markets and economies, Fidelity’s Tom Stevenson tries to answer one of the most pertinent questions at the moment: should we be worried?
Read MoreWith markets on edge after yesterday’s bloodbath, Thursday’s Fed meeting, along with the statements and forecasts that follow in its wake, have suddenly taken on even more significance than usual.
Read MoreThe Aussie market got off to a tough start to the week with the ASX 200 suffering its worst day since February 26 this year as it tumbled 155 points or 2.1% to 7,248.
Read MoreVery quietly, Venture Minerals – a small Tasmanian miner – has become the first casualty of the collapse in iron ore prices.
Read MoreNick Castleden – Managing Director – Apollo Consolidated is a gold exploration company based in Perth, with its exploration focus being in the Eastern Goldfield of Western Australia
Read MoreJac van Heerden – Managing Director – West Wits aims to explore, evaluate and extract gold & uranium from project areas located on the Central Rand Goldfield of South Africa’s prolific Witwatersrand Basin.
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