Orocobre, Galaxy to Join Forces
Australian lithium producers Orocobre and Galaxy Resources will merge in an all-paper $4 billion transaction to create what they claim will be the 5th largest producer of the key commodity.
Read MoreAustralian lithium producers Orocobre and Galaxy Resources will merge in an all-paper $4 billion transaction to create what they claim will be the 5th largest producer of the key commodity.
Read MoreSoft applause from investors for the first earnings and distribution guidance for a year from GPT as it emerges from the shadow of uncertainty caused by Covid and the lockdowns.
Read MoreShares in scrap metal giant Sims Ltd hit a two year high of $16.90 and closed up more than 8% after the company upgraded its June 30 earnings forecasts.
Read MoreAussie shares have managed to lift for a fifth consecutive session with the ASX 200 slowly inching towards all-time highs. The big banks & miners were the main contributors to the market’s small improvements while BNPL & energy names underperformed.
Read MoreThe Dow Jones index rose by 165 points or 0.5% and the S&P 500 index gained 0.4% -both closing at record highs. The Nasdaq index added 14 points or 0.1%. For the week, the S&P 500 index rose 1.4%, the Dow Jones index added 1.2% and the Nasdaq index gained 1.1%.
Read MoreCatch up on the full webinar with a keynote presentation from Prime Financial Group (ASX: PFG), Elixinol Global (ASX: EXL), Micro-X (ASX: MX1) & Buru Energy (ASX: BRU)
Read MorePresenter – Simon Madder – Managing Director CEO and Chairman – Prime Financial Group provides Accounting & Business Advisory, Wealth Management, SMSF and Capital & Corporate Advisory services, allowing their clients to receive a complete solution under one roof.
Read MorePresenter – Peter Rowland – Managing Director – Micro–X Ltd is an award winning x-ray technology company. Micro–X Ltd is a pioneer of a global revolution in medical and security imaging products using cold cathode x-ray sources.
Read MorePresenter – Oliver Horn – Executive Director & Global Chief Executive Officer – Elixinol Global Limited is a global leader in the hemp-derived CBD industry, researching, developing, marketing and selling Elixinol-branded, hemp-derived full and broad spectrum CBD products.
Read MorePresenter – Eric Streitberg – Executive Chairman – Buru Energy Limited is an oil and gas exploration and production company solely focused on exploring and developing the petroleum resources of the Canning Basin, in the southwest of the Kimberley region of in north-western Western Australia.
Read MoreOptimism all around for commodities as they closed the week with good gains, thanks in a large part to a weakening dollar.
Read MoreAmid rising government pressure to curb pollution, China’s crude steel output surged in March and the first three months of the year from the Covid-hit first quarter of 2020.
Read MoreThe ASX is looking for a solid start today after another series of record closes on Wall Street on Friday, with futures trading on Friday indicating a 37-point rise for the start of trading later this morning.
Read MoreThe US March quarter earnings season starts its busiest two weeks with Netflix’s report Tuesday expected to dominate, along with figures from key airlines, some techs and oil services groups.
Read MoreA busy week for data, US quarterly reports and local mining companies, with the chance for more records for stockmarkets as the flood of stimulus spending keeps the markets buoyant.
Read MoreIn his weekly Insights column, AMP Capital’s Shane Oliver explains why starting point valuations are a key driver of potential medium-term investment returns and where they sit at present.
Read MoreAs expected China’s March quarter economic growth boomed – mostly due to a comparison with the sharp fall in the March quarter of 2020.
Read MoreDespite solid gains on Wall Street and analyst enthusiasm for the March quarter results from four of America’s six major banks, the quality was variable.
Read MorePengana Capital’s Amy Pham looks at the reasons for the resumption of the housing boom over the past six months and where things might go from here.
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 all is in one handy location. You’re welcome.
Read MoreThomas Rice, portfolio manager for the Perpetual Global Innovation Share Fund provides his regular wrap of technology, innovation, and finance news.
Read MoreThe Australian sharemarket staged a healthy recovery to finish higher for a fourth day and fourth consecutive week. The ASX 200 is within 2 per cent of a record high.
Read MoreA strengthening lithium price has substantially improved the outlook for Orocobre as it expands its production profile over 2022.
Read MoreAmid burgeoning lithium prices Galaxy Resources has outlined a development plan for Sal de Vida that exceeds expectations on most metrics. What could possibly go wrong?
Read MoreThe Australian sharemarket is taking a break from the gains with the ASX 200 down by ~0.25%. Losses from the major banks, Origin Energy (ORG) and Fortescue (FMG) are weighing on the index.
Read MoreASX200 down 10 points (0.1%) to 7048. National Aust Bank (-0.5%); seeing “clear and widespread signs” of business getting back on track with NAB bankers approving more business loans than before.
Read MoreThursday saw the Dow Jones index topping 34,000 points for the first time ever. Falling bond yields sparked buying of technology stocks with shares of Netflix (+1.7%), Facebook (+1.7%), Alphabet (+1.9%) and Apple (+1.9%) all up.
Read MoreShares in Whitehaven Coal slumped more than 14% on Thursday after it revealed another downgrade to its sales estimates for the year to June 30.
Read MoreGAM Investments’ Julian Howard outlines his latest multi asset views, what the long-term outlook is likely to hold and how investors might realistically position for it.
Read MoreIn the vast universe of investment approaches, perhaps the largest divide is between growth investors and value investors. But why not be both, asks Adam O’Connor from BetaShares.
Read MoreThe March labour force data was strong but we won’t get a true picture of the health of the jobs market post JobKeeper until this time in May and then in June.
Read MoreInterim dividends are back at Bank of Queensland after first-half profits rose 9% to $165 million, led by a turnaround in its retail banking arm.
Read MoreThe rebounding global economy – led by China and the US – has seen the International Energy Agency (IEA) lift its 2021 demand forecast.
Read MoreThe Australian sharemarket rose by 0.5%, hit the best levels in 13.5 months and continues to close in on all-time highs. Stronger than expected employment growth provided a boost this afternoon.
Read MoreASX200 down 18 points (0.2%) to 6999. Boral (-0.2%); will consider a potential joint venture or sale for its North American fly ash unit as part of a strategic review of the business.
Read MoreThe Dow Jones index rose by 54 points or 0.2%. But the S&P 500 index fell 0.4% from record highs. And the Nasdaq index fell by 138 points or 1.0%.
Read MoreJeffrey Schulze and Josh Jamner from ClearBridge Investments explain why the reflationary period that needs to occur before inflation has traditionally been an attractive time for investment in risk assets.
Read MoreWhile moves to decarbonise the world’s economy are reducing the need for some infrastructure assets, they are underpinning strong structural growth for others.
Read MoreThe Reserve Bank of New Zealand has again kept its key interest rate on hold in a repeat of its previous decision this year, citing a summer slowdown in economic activity.
Read MoreAlthough over half a trillion dollars has gone into equity funds since last November, investors have suddenly got cold feet in the last month and started heading into cash.
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