Morning Report: US sharemarkets rose on Wednesday
Energy rose 3.5% with airlines up 3.3% and the Hotels, restaurants and leisure index rose 2.9%. Shares in United Airlines rose by 3.8% in response to a lift in travel demand.
Read MoreEnergy rose 3.5% with airlines up 3.3% and the Hotels, restaurants and leisure index rose 2.9%. Shares in United Airlines rose by 3.8% in response to a lift in travel demand.
Read MoreBHP wouldn’t comment on the claims made by Bloomberg on Wednesday morning that they were reviewing their petroleum business and considering options including a trade sale.
Read MoreAnother asset sale by Lendlease, as the company yesterday revealed it was offloading its services unit to Service Stream for $295 million in cash and $15 million in debt.
Read MoreAirlie’s Will Granger looks at one of the ASX’s top performers over the past decade, Charter Hall, which has delivered a total shareholder return of 19% per annum since listing in 2005.
Read MoreFalling retail sales and the new lockdowns across NSW, Victoria and South Australia have seen economists downgrade their forecasts for September economic growth to negative readings.
Read MoreAfter Covid left company finances in tatters, many needed to tap investors for additional working capital. Raelene de Souza from Realindex looks at how this played out for all parties.
Read MoreAusbil’s James Stewart and Luke Smith give iron ore a thorough once-over from both the supply and demand sides in an endeavour to unearth why it is so polarising at the moment.
Read MoreSpanish-controlled contractor CIMIC has reinstated its interim dividend despite a dip in earnings for the six months to June, declaring it will pay a partially-franked 42 cents a share.
Read MoreSouth32 has revealed plans to write-down nearly $A1 billion worth of value from its Illawarra hard coking coal export business in its 2020-21 annual results next month.
Read MoreThe ASX 200 managed to climb 56.5pts or 0.78% to 7,308 as banking, mining & healthcare stocks added most to the benchmark index.
Read MoreIn recent years there has been a large increase in the number of ESG related investment products on the market, fueled by increasing demand from consumers who are more aware of where they are investing their money.
Read MoreBell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: Sector outlook and picks for FY22.
Read MoreManhattan Corporation CEO and Geologist Kell Nielsen discusses current drilling programs and what investors can expect from them over the coming months with ShafeCafe’s Tim McGowen.
Read MoreASX200 up 91 points (1.3%) to 7344. BHP (+1.7%); press speculation that BHP is considering getting out of oil and gas.
Read MorePureprofile (ASX: PPL), an ASX-listed consumer research, analytics, and insights company, reported Q4 FY21 earnings today, with continued strong results.
Read MoreRamsay Healthcare’s big plunge into the UK private hospital sector has ended after shareholders in its target, Spire Healthcare rejected the deal.
Read MoreWhile solid enough, Netflix’s result won’t provide the confidence-boosting surge in momentum Wall Street has been looking for after earnings from the big banks fell flat last week.
Read MoreThe Dow Jones index lifted by 550 points or 1.6% after falling 726 points on Monday. The S&P 500 index rose by 1.5%. And the Nasdaq gained 224 points or 1.6%.
Read MoreThe current spate of lockdowns will make 2020-21 annual reports look out-of-date if the update and comments from electronics and homegoods retailer JB Hi-Fi yesterday is any guide.
Read MoreWhile BHP shipped a record amount of iron ore from its Pilbara mines in the year to June, the performance of its coking coal, copper, oil and gas and nickel businesses also stood out.
Read MoreAccording to the official body responsible for such declarations, America’s Covid recession lasted just two months from February to April 2020, making it the shortest on record.
Read MoreAfter Oil Search admitted on Tuesday morning it had recently rejected a takeover approach, Santos issued a statement revealing its proposed $4.25 per share offer.
Read MoreShares in ANZ Bank were the only ones to rise in today’s lite sell-off, which shouldn’t surprise given it is the only one so far wanting to give money back to shareholders.
Read MoreThe Aussie market has extended Monday’s losses as investors continue to weigh up the economic impact of the spreading COVID-19 delta strain.
Read MoreRecord iron ore prices mean strong cash flow and dividends are anticipated from Rio Tinto, outweighing a difficult quarterly production outcome.
Read MoreASX200 down 46 points (0.6%) to 7240. Oil Search (+3.3%) / Santos (-3%); Oil Search has said it received a takeover approach from Santos about 3 weeks ago, which the board rejected.
Read MoreThe Dow Jones index fell by 726 points or 2.1% after being down 946 points. The S&P 500 index fell by 1.6%. And the Nasdaq lost 152 points or 1.1%.
Read MoreWorld markets sold off heavily on Monday as the number of Delta variant infections swelled to worrying levels in the US, Australia, UK, Japan, and other parts of Asia and Africa.
Read MoreThe ANZ Bank has surprised the market by revealing a $1.5 billion buyback on Monday night, declaring it would not affect the bank’s ability to support pandemic-affected customers.
Read MoreIron ore exports to China through Port Hedland, the world’s biggest port, fell more than 6% in the six months to June thanks to a sharp slide in final three months of the half.
Read MoreFour Australian techs had varying experiences in yesterday’s ASX trading session, with releases from hummgroup, Empired, Altium and Data #3 receiving the gamut of responses from traders.
Read MoreAllan Gray’s Simon Mawhinney looks at what happens when an equity index rebalances and how investors can benefit from an understanding of the forces that drive short-term share price movements.
Read MoreMelbourne-based Listed Investment Company Djerriwarrh Investments lifted its final dividend to soften the impact of a lower interim dragging down its full year payout to shareholders.
Read MoreAPRA has moved quickly to support banks who defer or offer support to customers who are in difficulties in the Sydney and Victorian Delta variant lockdowns.
Read MoreThe popularity of ETFs with investors continues to grow. Of late, this has especially been the case for Australian Fixed Income ETFs, as investors look to position portfolios more defensively.
Read MoreThe Aussie market has started the week in the red with the ASX 200 down 62pts or 0.85% to 7,286.
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 MoreASX200 down 95 points (1.3%) to 7252. Medlab (+6.2%); signs agreement with WEP Clinical to bring NanaBis and NanoCBD to patients in UK and Europe.
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