Market At Midday On Friday
The ASX 200 is down 0.2 percent, held down by an 8.6 percent fall in Woolworths shares after the retailer’s disappointing profit result.
Read MoreThe ASX 200 is down 0.2 percent, held down by an 8.6 percent fall in Woolworths shares after the retailer’s disappointing profit result.
Read MoreUS sharemarkets were mixed on Thursday as energy shares eased back with oil prices. Tech stocks recorded healthy gains after upbeat earnings results.
Read MoreAnother mid cap with a solid interim out yesterday was Select Harvests (SHV) which boosted underlying profit 17% to $21.5 million for the six months to December.
Read MoreKerrunch … that’s the sound of the country’s investment boom collapsing, as forecast by the Reserve Bank, successive Federal Governments and every economist worth their laptop and Twitter account.
Read MoreDespite some nasty red ink, directors of Ausdrill (ASL) have attempted to keep faith with investors by declaring a one cent a share interim dividend for the six months to December.
Read MoreShares in Ramsay Health Care (RHC) rose more than 4% in yesterday’s general sell-off to hit an all time high during trading, after it reported yet another solid half year result, lifted interim dividend and upgraded its full year revenue and earnings guidance.
Read MoreShares in discount furniture retailer Fantastic Holdings (FAN) jumped to their highest level in more than a year yesterday after it surprised the market with a 43% surge in interim profit and fat rewards for patient shareholders.
Read MoreThe local sharemarket has finished up 0.3 percent with almost all sectors gaining ground. Woolworths shares plunged 9.5 percent after the retailer released disappointing profit results and cut its FY profit guidance.
Read MoreAusQuest Limited (ASX: AQD, Share Price: $0.02, Market Cap: $6m) has been on our Portfolio Watch-list for several years now, focused on big-picture exploration both here and abroad. Sadly, market conditions over recent years have worked against companies with ambitions of this type, but challenge has also brought opportunity. The company’s exposure to the nickel potential of the Fraser Range province in WA, the copper-gold potential of Peru and gold potential of Burkina Faso is paying dividends.
Read MoreIn 1974 the Australian Government purchased Jackson Pollocks masterpiece “Blue Poles” for the newly established National Gallery of Australia. It caused mass outrage and marked one of the first times that a single art work was front page news across the Australian press.
Read MoreMost sectors are trading lower, dragging the ASX 200 down 0.5 percent and snaping a three-day winning streak.
Read MoreQantas (QAN) has again stiffed shareholders by withholding an interim dividend, despite storming back to profit in the six months to December 31, thanks to the plunge in oil prices and the bitter cost cutting of the past 18 months.
Read MoreThe home building boom seems to have helped cement maker Adelaide Brighton (ABC) to new record profits and revenue figures for the 2014 financial year, which wrapped up on December 31.
Read MoreUS sharemarkets were mixed on Wednesday. Economic data was generally encouraging while investors monitored the second day of testimony from the Federal Reserve Chair.
Read MoreAnd the tiddler soars … a 32% plus jump in the depressed share price of battered contract miner and civil engineer Macmahon Holdings (MAH) stood out on the ASX yesterday as the company revealed more cuts to spending and a lowered guidance for the 2014-15 financial year.
Read MoreWorleyParsons (WOR) shares tumbled in the wake of a gloomy outlook issued by the mining, oil and gas engineering and services specialist.
Read MoreA pot of gold that lies in successfully selling carbs and coffee to more and more Australians has been the speciality of Retail Food Group (RFG) now for some years as it has put together the largest listed cafe and bakery based retailing group in the country.
Read MoreAlmost every sector closed weaker today, with the Telecommunication Services the worst performer, slipping 2.1%.
Read MoreThis is the second article in a three part series. Combined, the articles explain that bonds are appropriate investments across all economic cycles.
Read MoreThe ASX 200 is up 0.1 percent, lifted by gains in the materials and financial sectors. The energy sector is preventing further improvements, down 2.3 percent.
Read MoreNow here is a challenge for Qantas (QAN) as we prepare for its big profit announcement tomorrow morning – will it join Air New Zealand (AIZ) in paying a dividend to shareholders – or rather will the Qantas board have the sense to reward the tens of thousands of loyal shareholders who have sat suffering for years waiting to again received a crumb or two on their investments.
Read MoreUS sharemarkets rose on Monday with key indexes in record territory. Greece successfully secured an extension to its bail-out programme and the Federal Reserve Chair confirmed that rate hikes were still some way off.
Read MoreShares in travel group Flight Centre Travel Group (FLT) jumped more than 12% yesterday after the feared slowdown caused by fewer Australians travelling offshore because of the weakening Australian dollar, failed to have any real impact on the company’s performance.
Read MoreStandby for a surge in interest in BHP Billiton’s (BHP) ‘rats and mice’ collection of unwanted assets in aluminium, nickel, manganese and thermal coal after some of them staged solid recoveries in earnings in the six months to December 31.
Read MorePatties Foods (PFL) has done the right thing by dropping plans to pay an interim dividend until it sorts out the cost and other problems associated with the its Chile/Chinese berry hepatitis poisoning scare.
Read MoreIt’s another example where takeovers destroy value and cause problems out of proportion to the claimed benefits.
Read MoreThe ASX 200 has climbed 0.3 percent, boosted by strong gains in the materials sector which jumped 1.2 percent. Financial stocks also helped lift the market, with the sector improving by 0.3 percent.
Read MoreNote: This article was originally published on Oliver’s Insights on February 24 2015 and has been republished with permission from the original author.
Read MoreThe ASX 200 is trading flat, with gains in the materials sector offset by losses in the financial sector.
Read MoreNew Zealand based Martin Aircraft Company Limited (MJP) manufacturer of the Martin Jetpack, the world’s first practical jetpack able to be flown by a pilot or via remote control began trading today on the Australian Securities Exchange (ASX) under the ticker symbol MJP.
Read MoreDespite the expected sharp fall in interim profit, BHP Billiton (BHP) shareholders will get a $US0.62 interim dividend, compared to the $US0.59 cent dividend paid a year ago.
Read MoreQBE Insurance Group (QBE) has bounced back from a US$254 million loss in 2013, to post a US$742 million profit for the year to 2014.
Read MoreUS sharemarkets eased on Monday as investors booked profits ahead of testimony by the Federal Reserve Chair. At the close of trade the Dow Jones was down by 23.5 points or 0.1% after holding in a 87 point range.
Read MoreInvestors were far more accommodating to the solid result from Lend Lease (LLC) yesterday, compared with the reception given to the BlueScope (BSL) rebound.
Read MoreBelieve it or not Boart Longyear (BLY), the struggling drilling company, the one with more than nine lives and escapes from near ruin in the past few years – now survives to live another year, judging by its full year report yesterday.
Read MoreWhile BlueScope Steel (BSL) reported a strong, 62% jump in underlying half-year profit to $79.6 million and the return to paying dividends for the six months to December, 2014, the market was distinctly unimpressed yesterday.
Read MoreThe ASX 200 has gained 0.3 percent – helped by a recovery in the financial sector and a rally in mining stocks. BHP Billiton shares improved on the back of its better-than-expected profit result.
Read MoreThe local share market is trading in positive territory, boosted by news Greece has reached a debt deal with its creditors.
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