Fletcher Building Confirms Turnaround
Fletcher 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.
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.
Read MoreHarris Technology is riding a wave of record success accelerated by the effects of COVID-19 driving demand and the country’s growing adoption of online shopping.
Read MoreSometimes the most brilliant ideas can also seem like the simplest.
Read MoreRegenerative medicine company Regeneus is at the forefront of providing a novel, stem cell-based therapy for knee osteoarthritis which afflicts hundreds of millions of people worldwide.
Read MoreASX200 up 7 points (0.1%) to 7517. Tabcorp (+0.5%); FY profit $269m vs $870m loss yoy. Outlined a timetable for a planned demerger of its lotteries and keno business.
Read MoreThe Dow Jones index lost 282 points or 0.8% from record highs. The S&P 500 index eased 0.7% from record highs. And the Nasdaq index lost 138 points or 0.9%.
Read MoreBig global investors are getting worried and defensive and the current June 30 reporting season with big profit rises, higher dividends and lots of capital management moves is not working its magic.
Read MoreOne of Perpetual’s key filters when assessing businesses to invest in is the quality of their management teams. This was further amplified by the COVID-19 pandemic, as Anthony Aboud explains.
Read MoreA successful 2020-21 for two Australian multinationals saw Sims Metal and Breville take different approaches to rewarding shareholders on Tuesday: one upped its dividend, the other slashed theirs.
Read MoreNews that BHP was exiting carbon and becoming ‘greener’ via its Jansen potash project in Canada was overshadowed by the 2020-21 result, huge dividends and the Woodside Petroleum deal.
Read MoreA series of announcements from BHP on Tuesday with a lot of naughts and a historic, company-changing restructure that will see a long-term boost to the value of the company’s share price.
Read MoreJanus Henderson’s Denny Fish sees the current tech rally being guided by earnings results and the strong positions of leading tech companies aligned with a number of other themes.
Read MoreWith peak reporting season upon us, here are snippets from the results announced yesterday by Shopping Centres Australasia, Domain Holdings, and Magellan Financial Group.
Read MoreThe Australian sharemarket fell by almost 1%, falling for a second day and having its biggest tumble in two months as Delta continues to spread. The ASX 200 is still in its 11th month of gains.
Read MoreThe Australian sharemarket is under pressure for a second day after hitting a number of record highs just last week. The major miners and banks are holding the ASX 200 back.
Read MoreDespite the regulatory troubles dogging it, Westpac has signalled it may follow rivals in launching a share buyback, saying its board will consider returning excess capital later this year.
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.
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