Soul Patts Up Thanks To TPG & Brickworks
Washington H Soul Pattinson (SOL), the other half of the linked duo with Brickworks, was hit by weakness in the resources sector in the year to the end of July.
Read MoreWashington H Soul Pattinson (SOL), the other half of the linked duo with Brickworks, was hit by weakness in the resources sector in the year to the end of July.
Read MoreThanks to the still high levels of new home and apartment building, Brickworks (BKW) says it’s heading towards the best market conditions it has faced in more than a decade, as the building products group reported a 20.7% jump in full-year net profit to $102.8 million.
Read MoreNo sector was spared by sellers, the majority saw heavy losses; ASX 200 loses 2.2% this week.
Read MoreDismal day to end the week as the S&P/ASX200 lost 68.8 points or -1.29% on volume of $5.3 billion, closing at 5313.4.
Read MoreAdvanced Chilean copper exploration play, with attractive projects that have attracted major farm-in interest from Lundin Mining (TSX: LUN), with aggressive exploration drilling underway.
Read MoreThe slide in global dairy prices continues to hit Fonterra (FSF), the giant NZ dairy group, and the country’s economic outlook with the second cut in milk prices for the country’s farmers announced in the past two months.
Read MoreNo sign of any immediate or even medium term good news for Australia’s embattled resource sector in the latest quarterly forecast by the Bureau of Resource Economics and Energy (BREE), the federal government’s resource forecaster.
Read MoreInvestors in the big four Australian banks had better be watching the Reserve Bank and other regulators – because there are some tough actions coming to try and slow the lending boom to investor home buyers.
Read MoreMiners ended higher as a group despite softer steel & iron ore prices in regional trade.
Read MoreThe ASX200 added 6.4 points or +0.12% on Thursday. Volume was $3.7 billion and by the close we hit 5382.
Read MoreAn ageing population is a major demographic and economic issue affecting most advanced economies around the world and Australia is no exception. In today’s Investing Report, we highlight eight stocks we believe are best placed to benefit.
Read MoreNote: This article was originally published on Oliver’s Insights on 25 September 2014 and has been republished with permission from the original author.
Read MoreThe number and scope of fixed income funds in Australia has grown in recent years, reflecting the growing demand from investors for breadth and depth. Some of these fund use strategies that are new to the domestic Australian market and give investors greater scope to diversify their portfolios. From an investor perspective, since some of these funds are newly launched, their strategies may only have short track records. Some of the funds some of the time can assume significant credit risk. Naturally, past performance is not a guide to future performance. As a result of their brief track records, some may have had no experience of managing their way through a rising interest rate environment and tricky credit environments.
Read MoreAll Ords +0.54% or 28.1pt to 5404. 2nd gain of wk but still -0.6% over past 4 day.
Read MoreNo chance of the local market being ‘saved’ today as it was yesterday by the better than expected ‘flash’ report on the health of Chinese manufacturing.
Read MoreOutdoor clothing and apparel group Kathmandu (KMD) yesterday revealed a net profit at the upper end of guidance thanks to a cold snap towards the end of June which boosted sales after they had been hit by the long, warm autumn.
Read MoreTPG Telecom (TPM) has exceeded analyst earnings expectations in reporting a 2013-14 net profit of $171 million.
Read MoreThere was a certain amount of grim realism in yesterday’s annual results of Queensland coal miner and exporter, New Hope (NHC), which is part of the Soul Patts (SOL)/Brickworks (BKW) group of companies.
Read MoreASX 200 shows some pluck in last 0.5hr to recover from session lows while erasing most of Tuesday’s losses.
Read MoreAnother soft day on Wednesday with ASX200 shedding 39.9 points or -0.74% on volume of $3.6 billion, closing at 5375.8.
Read MoreThe yield curve, also called the term structure of interest rates, shows the relationship between interest rates and term to maturity.
Read MoreBiggest gains on the ASX200 today: NUF up 5.1%, KMD up 2.5%, NST up 2%, MGX up 1.2%, CQR up 0.8%.
Read MoreAll Ords recovering and now flat 5 minutes out from China’s Flash Manufacturing PMI.
Read MoreAnother bout of losses for gold yesterday and overnight and the metal is now within sight of the $US1,185 price it ended at in 2013 when the price slid 28%.
Read MoreOur market will start with a small fall this morning after selling across global stockmarkets overnight on fears about the health of the Chinese economy.
Read MoreThings continue go from bad to worse for Tesco, Britain’s biggest, but battered sliding retail giant.
Read MoreProperty stocks were the only group to end lower on Tuesday; buyers targeted the big 4 banks.
Read MoreThe ASX200 gained 52.7 points or +0.97% on volume of $4.2 billion, closing at 5415.7.
Read MoreAll Ords -0.5% & losing ground for 11th time in 14 days. Market just above 2.5 month low. Miners -0.75% & financials -0.6%.
Read MoreThe usual mid-month surveys of the health of global manufacturing will dominate the coming week, while in Australia the state of the property market will come in for more examination midweek from the Reserve Bank.
Read MoreOnce again world iron ore prices have dominated what was another grim week for commodities, with grains, gold, silver and oil performing weakly and hitting new lows (multi-month or years).
Read MoreOur market is going to start the week lower after Wall Street ended a positive week on a decidedly mixed note and world iron ore prices again fell on Friday night.
Read MoreThe ASX 200 managed to bottom out in the last half hour of trade ending down 66.5 pts or 1.22%.
Read MoreThe S&P/ASX200 lost 70.1 points or -1.31% on volume of $3.7 billion, closing at 5363.
Read MoreASX200 rejects the area around 5430 in early trade, at this stage the index has shed around 2%.
Read MoreThe unsettling influence of China on Australian markets was again underlined yesterday.
Read MoreShares in local luxury accessories retailer OrotonGroup (ORL) soared 15% yesterday after the company produced a better than expected full year result, with the promise of another solid 12 months to come.
Read MoreIron ore miner and steelmaker Arrium (ARI) has completed the first stage of its $754 million capital raising as it looks to pay down its debt, sending the share price down 38% as the shares were re-listed yesterday.
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