US stocks climb as inflation cools
The Dow Jones Industrial Average gained ground on Wednesday, buoyed by encouraging US inflation data.
Read MoreThe Dow Jones Industrial Average gained ground on Wednesday, buoyed by encouraging US inflation data.
Read MoreAfter a week of talks, chocolate and pet food behemoth Mars will shell out a whopping $36 billion (including debt) to snap up Kellanova, the maker of popular snacks like Pringles and Pop-Tarts.
Read MoreThe Dow Jones Industrial Average gained ground on Wednesday, buoyed by encouraging US inflation data.
Read MoreGood inflation reports for the US and UK on Wednesday will give the respective central banks solace and set up the first rate cut for America in several years, encouraging a second cut in Britain.
Read MoreIron ore and coking coal prices slumped to their lowest levels in more than a year on Wednesday as slowing demand, continued overproduction, and weak sales hit the Chinese industry.
Read MoreThe Australian sharemarket experienced a positive close on Wednesday, buoyed by strong performances from key companies and optimistic investor sentiment.
Read MoreFund Manager Chris Pedersen discusses ANZ Group Holdings, Apple Computer and Netwealth Group.
Read MoreYou can see why shares in Seven West Media (ASX:SWM) have hit new all-time lows of 14 cents this week, as the company revealed a 69% slump in earnings for the year to June.
Read MoreKerry Stokes’ Seven Group Holdings (ASX:SVW) saw pre-tax earnings jump 20% for the year to June, as results from two associated companies, Beach Energy and Seven West Media, collapsed in the same period.
Read MoreLike it has boosted its June quarterlies for majors, Barrick and Newmont (ASX:NEM), the surging gold price has burnished the full-year results for local major, Evolution Mining (ASX:EVN).
Read MoreAs widely expected, New Zealand’s Reserve Bank has made its first cut in interest rates since early 2021.
Read MoreA snapshot of the stocks on the move, featuring Immutep (ASX:IMM), LiveHire (ASX:LVH), Forbidden Foods (ASX:FFF) and Estrella Resources (ASX:ESR).
Read MoreAt 11:35am, the S&P/ASX 200 is 0.7 per cent higher at 7,881.90, driven by a strong performance from the utilities sector, particularly AGL Energy, whose earnings exceeded expectations.
Read MoreCredit data shows China has slid into a form of credit trap, with new loans in July hitting their lowest level in nearly 15 years, at a time when interest rates are at record lows.
Read MoreThe Commonwealth Bank (ASX:CBA) has edged up its final dividend for the 2023-24 financial year, despite a dip in revenue and earnings.
Read MoreIn a potential game-changer for millions of people worldwide, Immutep (ASX:IMM; NASDAQ:IMMP) has initiated the first human trials of IMP761, a novel agonist LAG-3 antibody designed to treat autoimmune diseases.
Read MoreUS stocks rallied significantly overnight, inching closer to their record highs set last month. This upward trend was fueled by the latest inflation report, which showed signs of cooling price pressures.
Read MoreShares in Home Depot, America's biggest DIY company, held up well on Tuesday, considering how it shocked investors with a downgrade.
Read MoreUS stocks rallied significantly overnight, inching closer to their record highs set last month. This upward trend was fueled by the latest inflation report, which showed signs of cooling price pressures.
Read MoreBarrick Gold Corporation, the world's second-largest gold miner after Newmont (ASX:NEM), joined its larger rival in benefiting from the surge in gold and copper prices during the three months to June.
Read MoreSeek (ASX:SEK) was always likely to report a weak result for 2023-24, with the company getting in early and flagging write-downs and losses from investments in Asia. So the 10 per cent drop on Tuesday after the lower figures emerged seems to have been an overreaction.
Read MoreInvestors didn’t like the annual results and outlook from Australia’s home-grown “Big Pharma”, CSL (ASX:CSL).
Read MoreAustralian shares continued their upward trend for a sixth consecutive day, buoyed by generally positive earnings results.
Read MoreOnline homewares retailer Temple & Webster (ASX:TPW) has bucked the trend of a subdued retail sector, delivering record annual sales and sending its share price skyrocketing. The company’s shares surged by 23.8 per cent by mid afternoon on Tuesday, reaching their highest level since early May.
Read MoreThe National Australia Bank (ASX:NAB) says its monthly survey of business has picked up the first improvement in conditions in five months in July, while confidence eased from June’s uptick.
Read MoreShares in glassmaker and packaging group, Orora (ASX:ORA), were up more than 19 per cent in late morning trading after it confirmed and rejected a takeover approach from a US private equity bottom fisher.
Read MoreSydney-based investment manager, Challenger (ASX:CGF) produced a mixed earnings result for 2023-24, as assets under management (AUM) grew 21% but statutory net profit fell from the previous year.
Read MoreAustralian wage growth unexpectedly remained stagnant at 0.8% in the June quarter, falling short of predicted increases, while the annual pace also held steady at 4.1%.
Read MoreA snapshot of the stocks on the move, featuring Terrain Minerals (ASX:TMX), Leeuwin Metals (ASX:LM1) and LTR Pharma (ASX:LTP).
Read MoreBuilding products group, James Hardie (ASX:JHX), has reaffirmed its 2025 guidance after a solid first-quarter performance for the three months to June.
Read MoreRising tensions in the Middle East saw oil, gold, copper, and silver all rise on Monday, but iron ore bucked the trend with a 2% drop in Asian trading.
Read MoreUS stocks traded erratically on Monday, ultimately closing near flat as investors remained on edge ahead of crucial inflation figures.
Read MoreUS stocks traded erratically on Monday, ultimately closing near flat as investors remained on edge ahead of crucial inflation figures.
Read MoreAfter a lengthy process, Sims (ASX:SGM) has finally found a buyer for its UK scrap metal businesses and also finished the sale of the last interest in a US operation.
Read MoreNearly 40% of the largest US manufacturing investments announced during the first year of President Joe Biden’s major industrial and climate policies have faced delays or have been paused, according to a Financial Times investigation.
Read MoreAustralian shares extended their winning streak for a fifth consecutive day on Monday, buoyed by a strong performance from consumer discretionary stocks, particularly following an upbeat earnings report from JB Hi-Fi. The benchmark S&P/ASX 200 Index climbed 0.5% to close at 7813.7 points, mirroring a positive trend in global markets as investors digested last week’s volatility sparked by US recession fears.
Read MoreJB Hi-Fi's (ASX:JBH) massive special dividend could not disguise the weakest trading performance in four years for the 2023-2024 financial year—since 2020 and the start of the pandemic. However, it wasn't truly needed given the upbeat news about the retailer's strong trading in the first month of the new financial year.
Read MoreA thumbs down from the market to rail group Aurizon's (ASX:AZJ) 2023-24 financial report and outlook for the coming year. The shares traded down more than 8% during Monday trading, despite a result that showed the company benefited from the lack of a La Niña's big wet.
Read MoreCarsales owner CAR Group (ASX:CAR) seems to have avoided the tremors hitting car sales in some markets like Australia and the US in recent months.
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