Covid Causes Kathmandu Profits to Take a Hike
Shares in outdoor retailer Kathmandu ended down 4% yesterday after it became the first company to issue a revenue and profit downgrade because of the renewed Covid threat.
Read MoreShares in outdoor retailer Kathmandu ended down 4% yesterday after it became the first company to issue a revenue and profit downgrade because of the renewed Covid threat.
Read MoreSantos is starting engineering and design work on the Dorado oil discovery off the WA Carnarvon Basin coast as it looks to bring another partner into the venture by selling part of its 80% stake.
Read MoreUS bank shares were mixed to weak in after-hours trading in the wake of a string of announcements of higher dividends and buybacks approved by the Federal Reserve.
Read MoreIn his regular column, Tom Stevenson from Fidelity breaks down hot topic Environmental, Social and Corporate Governance – ESG – and asks the question: fad? or future?
Read MoreLink Administration Holdings has agreed to give up more of its partly-owned PEXA property conveyancing business ahead of its ASX listing, which happens this Thursday.
Read MoreThere was a sense of déjà vu for local investors with the Aussie market performing similarly to Monday’s action. Like yesterday, the ASX 200 fell early only to turn things around in the afternoon and finish with a modest decline.
Read MoreBHP has moved further down its promised exit from the thermal coal industry by selling its stake in the huge Cerrejon steaming coal mine in Colombia in a deal worth nearly $US600 million.
Read MoreThe US sharemarket edged higher overnight, with both the S&P 500 and Nasdaq hitting record highs. The Dow Jones eased partly due to Boeing, which fell by ~4% on delayed regulatory approval of a new plane.
Read MoreBad news at the end of a volatile year for gold from Gold Road Resources, which says mechanical problems at its Gruyere mine in WA will cost it profits for the quarter and financial year.
Read MoreJanus Henderson’s Andy Acker and Agustin Mohedas explain how a new drug targeting a common mutation found in tumours could benefit patients and biopharma alike.
Read MoreThe surge in mineral prices in the past 12 months has added an extra $1 billion a week to export earnings, according to data from the Federal Department of Resources.
Read MoreClay Smolinski from Platinum Asset Management explains Platinum’s four investment principles and how they guide the investment team’s search for mispriced stocks in the market.
Read MoreMetcash slipped out a record full-year result and dividend, as well as a share buyback, which saw the company’s shares up by more than 3% at one stage in Monday trade.
Read MoreThe lockdown stocks play was out in full force yesterday on the ASX, as travel and aviation companies were sold off but retailers – especially onliners – saw strong gains.
Read MoreThe Australian sharemarket bounced back from a slow start to finish flat despite concerns of tighter restrictions and lockdowns.
Read MoreA glance through the latest expert views and predictions about commodities: steel, Russian base metals, oil & OPEC, and green aluminium.
Read MoreCatch up on the full webinar with presentations from Perennial Value Management, New World Resources (ASX: NWC), Coda Minerals (ASX: COD), Trilogy Metals (ASX: TMQ) & Stealth Global Holdings (ASX: SGI)
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 MoreLast week it kept its New Zealand banking business, on Monday Westpac revealed it was selling its Australian car finance businesses to non-bank financial group Angle Finance.
Read MorePresenter – Tony Giardini – CEO & President – Trilogy Metals is dedicated to advancing exploration and development at the Upper Kobuk Mineral Projects, high-grade copper-zinc-lead-gold-silver-cobalt properties in Northwest Alaska.
Read MorePresenter – Chris Stevens Chief Executive Officer – Coda Minerals is an exploration company focused on the exploration, discovery and development of minerals in the base metals, precious metals and battery minerals sector.
Read MorePresenter – Mike Arnold – Group Managing Director – Stealth Global is an Australian Multinational Distribution Group supplier and distributor of industrial, safety & workplace products and provider of supply chain solutions to customers in Australia, the United Kingdom, Africa, and Asia.
Read MoreA Keynote presentation by Perennial Value Management Portfolio Manager & Resources Analyst, Sam Berridge.
Read MorePresenter – Mike Haynes – Managing Director – New World Resources Limited is an Australian company focused on the exploration and development of mineral resources projects in North America.
Read MoreAustralia’s general insurers like Suncorp, IAG and QBE are still hoping they can avoid a multi-billion dollar set of claims for business interruption caused by the 2020 Covid lockdowns.
Read MoreA busy week with all of Sydney, Central Coast and Wollongong locked down for the next two weeks and Covid’s new Delta variant still spreading. Oh, and June 30 is nearly upon us.
Read MoreThe market in Boral shares will be a hotbed in coming days after Seven Group Holdings was forced to boost its share price to a realistic level of well over $7 a share.
Read MoreA much quieter week for commodities ahead of the end of the month, quarter, half and financial years for major miners like BHP, Rio Tinto, Whitehaven, Oz Minerals, North Star and Fortescue Metals.
Read MoreThe ASX is heading for a weak opening this morning, despite Friday’s solid finish on Wall Street which shrugged off a higher inflation reading in the Federal Reserve’s favoured measure.
Read MoreAPN Property Group’s Mark Mazzarella concludes his article aimed at finding out whether the office as we know it has a future and, if so, what that future might look like.
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 MoreCoking coal has become the latest example of China shooting itself in the balance sheet by banning imports of Australian raw materials and other products.
Read MoreIn his regular Insights column, AMP Capital Chief Economist Dr Shane Oliver posits 5 reasons why the Fed’s hawkish tone this week shouldn’t cause you to lose too much sleep.
Read MoreA 10% rise in house prices and the near 25% rebound in the value of the ASX saw Australia’s total household wealth reach an all-time high in the three months to March.
Read MoreASX200 up 23 points (0.3%) to 7297. CSR (+0.8%); AGM today. Says it is well placed for year ahead and that homebuilder activity is driving stronger demand.
Read MoreIn a move that will draw comparisons to Australia, the US Federal Reserve has eased restrictions on America’s major banks allowing them to boost dividends and resume buybacks.
Read MoreUS President Biden has embraced a $1.2 trillion bipartisan Senate deal on infrastructure spending.
Read MorePressure on Boral shares dissipated Thursday as they slid 3.6% to $6.90 after surging on huge turnover Wednesday to their highest level since 2018.
Read MoreInvestors finally cottoned on to the biggest gold discovery in Australia for two decades as shares in medium size miner De Grey Mining jumped nearly 8% yesterday to $1.33.
Read MoreShares in troubled tech stock Nuix slid nearly 2% yesterday on the news that Australian Federal Police had raided the company’s offices as part of a criminal investigation.
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