Santos Bounces Back, Turns Focus to Oil Search Deal
Like the rest of its sector, Santos rode the rebound in global oil and gas prices in the June half, reporting a net profit after tax of $US354 million including net gains on asset sales.
Read MoreLike the rest of its sector, Santos rode the rebound in global oil and gas prices in the June half, reporting a net profit after tax of $US354 million including net gains on asset sales.
Read MoreASX200 down 50 points (0.7%) to 7532. Sims Ltd (-3.6%); FY profit $229m vs $265m loss last year. Div 30c vs 6c yoy. Higher sales, increased metal prices and cost cutting.
Read MoreThe Dow Jones index rose by 110 points or 0.3% to record highs. The S&P 500 index also lifted 0.3% to record highs. But the Nasdaq index lost 29 points or 0.2%.
Read MoreWith sustainability becoming ever more crucial, Alex Cook from BetaShares explores the development and use of EVs, the outlook for the industry and its importance to the global ESG effort.
Read MoreWith peak reporting season upon us, here are snippets from the results announced yesterday by Bendigo and Adelaide Bank, Seven West Media, Carsales.com, and Lendlease.
Read More2020-21 was a record year for JB Hi-Fi – record sales, record earnings and yesterday we saw a record final and dividend for the year that some banks would envy – but where to from here?
Read MoreBlueScope Steel saw a surge in earnings in the year to June which enabled the country’s biggest steelmaker to more than triple its final dividend, announce a special payout, and reveal a $500m buyback.
Read MoreConclusive evidence on Monday that China’s economy is slowing more rapidly at the same time as the government orders to its steel industry to cut production to reduce carbon emissions.
Read MoreThe big four Australian banks have been a perennial favourite with investors, but there may be better opportunities in the sector if you are willing to dig a little deeper, as Allan Gray Australia Analyst Yi-Chan Lee explains.
Read MoreThe Aussie market has eased from record highs set last Friday. The ASX 200 dropped 46 points or 0.6% to 7,582 as financials and energy underperformed the market most.
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 MoreIt has been a soft start to the new week with the ASX 200 weighed by losses across the majority of the market. The major drag has been falls among major lenders while Bendigo & Adelaide (BEN) slides 10% on its FY21 profit result.
Read MoreASX200 down 31 points (0.4%) to 7598. JB Hifi (-0.3%); FY profit +67% to $506m and declares a div of $1.07, +52%. Didn’t provide guidance due to covid uncertainty.
Read MoreSydney Airport has again rejected overtures from a group of local and offshore superannuation investors, despite their having raised the non-binding bid from $8.25 to $8.45 a share.
Read MoreAdelaide-based LIC Argo Investments has cut its dividend payout to shareholders after reporting a 12% plus slide in earnings for the year to June.
Read MoreCatch up on the full webinar with presentations from Propell Holdings (ASX: PHL), Laybuy (ASX: LBY), Bowen Coking Coal (ASX: BCB) & Genetic Signatures (ASX: GSS)
Read MoreNick Jorss – Executive Chairman – Bowen Coking Coal is a Queensland based coking coal exploration company with advanced exploration assets.
Read MoreMichael Davidson – CEO – Propell Holdings’ open API driven platform combines lending products & payment types into one intelligent solution.
Read MoreGary Rohloff – Managing Director – Laybuy is a fast-growing Buy-Now-Pay-Later (BNPL) provider with a market leading position in New Zealand and the United Kingdom, and a growing presence in Australia.
Read MoreJohn Melki – CEO & Director – Genetic Signatures is a specialist molecular diagnostics (MDx) company focused on the development and commercialisation of its proprietary platform technology, 3base™.
Read MoreThe shape of the Australian oil and gas sector could be changed this week with confirmation that Woodside is in talks to buy BHP’s petroleum division in a deal valued at around $20 billion.
Read MoreThe weekend move to lock down all of NSW should finally make investors pay attention to the worsening Covid Delta situation that has now brought the country’s biggest state economy to a halt.
Read MoreAmid all the gloom at the moment from Covid Delta, lockdowns etc, Australia’s position in the global wheat market continues to improve, helped by prices reaching recent highs in the US and Europe.
Read MoreAmerican oil producers continue to boost activity in the face of a slowing in demand thanks to the rise of the latest wave of Covid infections in economies large and small.
Read MoreNew Zealand holds centre stage this week for what many analysts think will be the first significant monetary policy move from any central bank with credibility – an interest rate rise.
Read MoreThe Australian June 30 profit reporting season hits its peak this week with around 90 ASX 200 companies down to report with BHP’s full year figures tomorrow the major results for investors.
Read MorePart Two of Six in a video series with Schroders Australia Fund Manager Simon Adler, in which he looks into whether or not there is still an opportunity in value.
Read MoreThe basic principles of investing remain timeless. Fortunately, some investment experts have a knack of encapsulating these in a few words that are insightful and inspiring. AMP’s Shane Oliver has a few for us to consider.
Read MoreAccording to global oil and gas giant BP, Western Australia is prime territory for “the production of green hydrogen and green ammonia using renewable energy,” adding another feather to the region’s bow.
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 MoreNewcrest has sent a big message to the market about the growing importance of the East Pilbara gold and copper finds like its Havieron joint venture and Rio Tinto’s Winu.
Read MoreCorporate Connect analyst Di Brookman has released a new research report on Novonix, after the company announced a strategic investment by US multinational energy company Phillips 66.
Read MoreThe ASX 200 extended its winning run to a fourth consecutive session with a gain of 40 points or 0.54% to 7,628, hitting new all-time highs and a record close in the process.
Read MoreAll six episodes of Schroders series on value in which Fund Manager Simon Adler talks about various aspects of value investment and how his firm is positioned moving forward.
Read MoreSwamped in the first significant day of the June 30 reporting season on Thursday was the second upgrade for grain handling group GrainCorp which for a long time was a major victim of the long drought.
Read MoreThe Aussie market is extending its winning run into a fourth day with the ASX 200 hitting fresh all-time highs at lunch on Friday. Gains have been rather broad across the market with only materials in the red.
Read MoreAir New Zealand remains on government provided life support after the Ardern government agreed to defer the capital raising planned for next month by at least six months to the first quarter of 2020.
Read MoreASX200 up 35 points (0.5%) to 7623. Baby Bunting (-6.6%); FY profit +76%. Revenue +16%. Not sure why the market doesn’t like it…..
Read MoreThe Dow Jones index rose by 15 points or less than 0.1% to record highs. The S&P 500 index lifted 0.3% to record highs. And the Nasdaq index gained 51 points or 0.4%.
Read MoreRising global property valuations helped the annual results of majors Goodman Group and Mirvac in the year to June 30, although the news helped neither’s share price on Thursday.
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