Orica Blows It, Cuts Dividend by More than Half
Orica, the country’s biggest explosives maker, has backed up a downgrade issued in late February by cutting its interim dividend by more than half after earnings fell 54%.
Read MoreOrica, the country’s biggest explosives maker, has backed up a downgrade issued in late February by cutting its interim dividend by more than half after earnings fell 54%.
Read MoreGAM Investments’ Mark Hawtin discusses upcoming changes around the way iPhone and iPad users will interact with advertisers and the potential impact on the constantly evolving advertising space.
Read MoreThe end of the drought and a record grain harvest boosted first-half revenue and earnings for GrainCorp, which in turn saw the company’s shares hit their highest level in 8 years.
Read MoreDespite increasing profit, revenue and subscribers for the year to March, shares in accounting platform Xero got the rough treatment in Thursday’s trading session.
Read MoreAfter enjoying a record close on Monday, the Australian sharemarket has now extended its losing streak to a third day, hitting a one-month low in the process.
Read MoreThe Australian sharemarket is slipping for a third day, held back by tech stocks together with Westpac and NAB which are both trading ex-dividend.
Read MoreASX200 down 20 points (0.3%) to 7024. Xero (-10%); said annual profit increased almost six-fold after a 2H recovery in the cloud accounting firm’s subscriber growth.
Read MoreToyota has confirmed ambitious plans for sales electric vehicles and decarbonisation of the company over the next 9 years after revealing a solid rebound in sales and earnings.
Read MoreUS consumer price inflation rose faster than forecast in April, and looks like continuing to surprise on the upside for the next couple of months at least on the back of soaring gas prices.
Read MoreThere was a decline in technology shares as key inflation data showed higher-than-expected US consumer price pressures.
Read MoreThe three major credit ratings agencies have given the 2021-22 budget a guarded tick of approval, though two of them are maintaining a negative outlook on the economy.
Read MoreFuture earnings for Australia’s copper giants – BHP and Rio Tinto – are being threatened on several fronts as world prices hit new all-time highs.
Read MoreCommonwealth Bank’s strong third-quarter profits confirmed the rebound in the fortunes of banking and the big rally in shares of the sector – especially the big four – since late last year.
Read MoreWe can all think of examples of confirmation bias in everyday life. It occurs in politics, business and sports. It is also rife in funds management.
Read MoreTrading in carsales.com shares was halted Wednesday to allow it to start the raising of $A600 million to fund its move into the US market with a 49% stake in marketplace platform Trader Interactive.
Read MoreBut efforts to rein in the US-based CDA section 230 protections pose dilemmas that prevent watershed action. Magellan’s Michael Collins explains why.
Read MoreYum went investors as they sighted the full year results from building products giant CSR, with a higher profit and what would be a welcome final dividend for the year to March.
Read MoreThe Australian sharemarket fell for a second day despite last night’s stimulatory Budget. While most sectors finished lower, it follows the ASX 200’s record close on Monday.
Read MoreDespite last night’s big spend budget, the ASX 200 is slipping for a second day after hitting a record high Monday. Tech stocks are standing out while most other sectors are under pressure.
Read MoreShareholders in building products group, CSR received some welcome news on Wednesday – a reinstated final dividend after a nice rise in full year earnings for the 12 months to the end of March.
Read MoreUS sharemarkets fell again on Tuesday. Rising commodity prices and fears of labour shortages drove expectations of higher inflation, and therefore higher interest rates.
Read MoreShareCafe Head Contributor Glenn Dyer provides a first-look at this year’s – well, the last two year’s in a way – Federal Budget. More to follow over the next day or so.
Read MoreThe tech sector was routed again on Tuesday after a selloff on Wall Street due to fears about the damage inflation would do to companies like Apple, Facebook, Netflix, Alphabet and Amazon.
Read MoreWith an economic recovery underway, cyclical-growth stocks are positioned to join secular-growth companies in propelling tech sector earnings higher over the midterm, says Janus Henderson’s Denny Fish.
Read MoreChina’s commodity futures exchanges have confirmed moves to raise trading limits and margin requirements for some contracts as the surging rally in the ferrous metals complex continues.
Read MoreA year into the most remarkable stockmarket recovery we are ever likely to experience, now is the perfect time to give portfolios a mid-flight check.
Read MoreBoral has told shareholders to reject the $6.50 a share cash, $8 billion offer from major shareholder Seven Group Holdings, which is controlled by Perth-based billionaire, Kerry Stokes.
Read MoreThe Australian sharemarket fell away from Monday’s record close, with most sectors finishing in the red. Tech stocks were the hardest hit, losing ground for the seventh time in eight days.
Read MoreAs expected, China’s Consumer Price Index and Producer Price Index rose last month as the steep fall in prices in the pandemic a year ago rolled out of the comparison.
Read MoreThe Australian sharemarket has wiped out most of Monday’s gains, with the ASX 200 falling by ~1.2% at lunch. While the index closed at a record high yesterday, almost all sectors are pulling back today.
Read MoreASX200 down 55 points (0.8%) to 7118. Dexus (+0.5%); has made an offer to acquire APN Property Group at 91.5c a share.
Read MoreBillionaire Kerry Stokes’ Seven Group Holdings has launched an $8 billion takeover offer for Boral – but doesn’t want the offer to fully succeed.
Read MoreInvestment manager Pendal has announced it will take over US-based value manager Thompson, Siegel & Walmsley, along with a $190 million capital raising to fund the purchase.
Read MoreCatch up on the full webinar with a keynote presentation from Neometals (ASX: NMT), Ansarada (ASX: AND),Rafaella Resources (ASX: RFR),Trigg Mining (ASX: TMG)
Read MoreAnsarada is a provider of AI-powered virtual data rooms and Material Information Platforms for business transactions and material events such as mergers and acquisitions, fundraising, tenders and IPOs.
Read MoreNeometals innovatively develops opportunities in minerals and advanced materials essential for a sustainable future. With a focus on the energy storage megatrend, the strategy revolves around de-risking and developing long life projects with strong partners and integrating down the value chain.
Read MoreUS sharemarkets ended weaker on Monday as Investors continue to shift into cyclicals – stocks that benefit from the re-opening of the economy – while tech stocks fell.
Read MoreRafaella Resources Limited (ASX:RFR) is a global developer and explorer of world-class mineral deposits. Rafaella is currently fast-tracking its wholly-owned Santa Comba tungsten project in Spain and has recently agreed to acquire high-grade nickel-copper sulphide projects in Canada.
Read MoreTrigg Mining Limited is exploring for the essential potassium mineral fertiliser, sulphate of potash (SOP) or potassium sulphate (K2SO4), which provides necessary nutrients for agricultural production and human nutrition.
Read MoreGlobal iron ore prices soared in panic-like dealings on Monday, hitting new all-time highs for the third day in a row in a rally that has all the hallmarks of good old FOMO.
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