Markets
Energy Plays Key in Berkshire’s 3Q Result
Berkshire Hathaway is due to release its 3Q earnings report this weekend with the focus as usual on its investment portfolio – especially its massive punt on hydrocarbons.
Read MoreMarket Froths Up a2 Shares after FDA Formula Deal
a2 Milk has joined the list of companies who have won approval to supply baby formula to the US to fill a growing supply gap from a domestic shortage across the country.
Read MorePerpetual Motion in the Funds Management Space
Perpetual has rejected an unwanted $30-per-share takeover offer valuing it at $1.68 billion from a consortium comprising Baring Private Equity Asia and Regal Partners.
Read More4D Podcast: Two Different Approaches to Inflation
With inflation still the word on everyone’s lips, 4D Infrastructure’s latest podcast looks at how the current approach to combat it differs in the UK and the US.
Read MoreMajor Spill in NZ Food Aisle for Woolies
Woolies shares fell to a 52-week low Thursday on the back of a surprisingly weak performance from its supermarkets and a big profit downgrade for its NZ food business.
Read MoreA sea of red in today’s trading: ASX closes 1.84% lower
Peter Milios from Finance News Network with a round-up of the highlights from today’s ASX trading session.
Read MoreAll red across the board following US rate hike sentiment: ASX down 1.96% at noon
Lauren Hayes from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreStocks of the Hour: RHY, A2M, NFL
Abbey Phillips from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read MoreNOVONIX (ASX: NVX) receives US$150m grant for EV battery production
Novonix CEO Dr Chris Burns discusses news following the company’s AGM, including the appointment of new directors and the expansion of the company’s development capabilities.
Read MoreFed Action Deflates Wall Street Rally
It would be fair to say that Wall Street got caught by its own story-making about what the Fed was going to do after lifting rates at this week’s meeting.
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Global Tech: Better positioned than you think?
Denny Fish from JH explains how volatile markets and lower valuations may present attractive entry points in companies capable of compounding earnings growth.
Read MoreEx-China, Amcor Remains on the Right Page
Amcor says that while third quarter volumes fell in China, demand was solid elsewhere as the company managed to protect margins with price rises offsetting higher costs.
Read MoreRio Ties Up Turquoise Hill Loose Ends
Rio Tinto has been forced to do a special deal with two dissident shareholders in Turquoise Hill Resources to avoid its $US3.3 billion mop up takeover offer being rejected.
Read MoreFurther Housing Weakness Encouraging for the RBA
It’s just what the RBA wants to see – the property and housing sectors are both weakening at the same time with the recent series of rate rises the ostensible catalyst.
Read MoreFlutter Entertainment – An Attractive Long-Term Bet
PM Capital’s Kevin Bertoli explains why he believes global sports-betting giant Flutter Entertainment is well-positioned for rapid earnings growth in the US.
Read MoreUS Job Market Strength a Thorn in the Fed’s Side
No matter the size of its rate rise decision this morning, the Fed will have to do a lot more if it is to bash inflation to lower levels by slowing jobs and wages growth.
Read MoreCBA follows NAB in raising lending rates following yesterday’s hike: ASX closes 0.14% higher
Peter Milios from Finance News Network with a round-up of the highlights from today’s ASX trading session.
Read MoreEnergy leading the market in the green: ASX up 0.32% at lunch
Lauren Hayes from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreStocks of the Hour: A11, LKE, SRZ
Abbey Phillips from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read MoreOne-Star Review Continues for Amazon Result
Amazon shares slumped more than 5% on Tuesday to well under $US100 each, putting the company’s market value under $US1 trillion for the first time in two and a half years
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Will Seventh Rate Hike Prove the Charm for RBA?
As widely forecast, the Reserve Bank has pushed its key cash rate up 0.25% to a new 9-year high of 2.85%, making it seven consecutive board meetings with an increase.
Read MorePlenty of Green Forthcoming from IGO’s Bushes
The quarterly report from IGO has shown just how lucrative the Greenbushes lithium mine in southwest WA has become as the renewables juggernaut gathers pace.
Read MoreNo Respite as Ore Price Hits Three-Year Lows
Iron ore started November like it ended October, as the price plunged to its lowest level in three years, according to the SGX futures market at the Singapore Stock Exchange.
Read MorePlatinum Asia ex-Japan Market Update
Platinum Asset Management’s Cameron Robertson and Andrew Clifford give their thoughts on Asian markets ex-Japan and how they are positioned heading into 2023.
Read MoreBritishvolt Collapse a Potential Shock to the System
A cautionary note for the lithium and renewables sectors from Britain where the country’s much-heralded ambitions to be part of the transition could be on the rocks.
Read MoreASX increases slightly ahead of today’s rate rise: Aus shares 0.3% higher at noon
Peter Milios from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreStocks of the Hour: PTG, RDY, GME
Abbey Phillips from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
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ABS Data Confirms Local Retail Strength
Data from the Australian Bureau of Statistics yesterday confirmed what numerous AGM updates had told us about continuing strength in the local retail space.
Read MoreNewcrest Considering its Havieron Options
Is Newcrest having second thoughts about the development of its Havieron deposit in the East Pilbara, or is the seemingly rapid growth in size simply forcing a rethink about strategy?
Read MoreIs Energy Insecurity Driving a Changing of the Guard?
Increasing tensions between the BRICS bloc and those aligned with the US means investors should prepare for heightened volatility in asset prices, particularly equity markets.
Read MoreCoronado and Peabody Talking Loud but Doing Nothing
Talk aplenty but no joy yesterday for the enthusiasts wanting to see a marriage between US/Australian coal companies Coronado Global Resources and Peabody Energy.
Read MoreSome Life Left Yet in Mincor’s Kambalda Mine
Mincor Resources says it has extended the life at its Kambalda nickel mining operations in WA to six years, following an initial ore reserve assessment for the Golden Mile zone.
Read MoreMarket Collapse Raises Stakes for Active Equity Investors
AllianceBernstein has a look at whether steep share-price declines have led to attractive valuations, given mounting threats to fundamental business performance.
Read MoreStrong finish despite tomorrow’s expected rate hike: ASX closes 1.15% higher
Peter Milios from Finance News Network with a round-up of the highlights from today’s ASX trading session.
Read MoreWebinar Recap – Shaw & Partners, NXS, TMG & REC
Catch up on the full webinar presentations from Shaw & Partners, Next Science (ASX: NXS), Trigg Minerals (ASX: TMG) & Recharge Metals (ASX: REC)
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