Australian Foundation Investment Company (ASX:AFI) FY24 full-year results
CEO and Managing Director Mark Freeman and Portfolio Manager David Grace discuss the FY24 full-year results of Australian Foundation Investment Company (ASX:AFI).
Read MoreCEO and Managing Director Mark Freeman and Portfolio Manager David Grace discuss the FY24 full-year results of Australian Foundation Investment Company (ASX:AFI).
Read MoreCentral bankers may assert that inflation is under control, but for chocolate lovers, the outlook is less sweet. Prices of popular treats like Freddo frogs continue to climb as confectionery companies pass on the surge in cocoa prices to consumers.
Read MoreThe crypto markets are showing signs of stability as the weekend approaches, following a turbulent week that tested how new institutional investors would handle the significant swings that seasoned digital currency traders are accustomed to.
Read MoreRio Tinto (ASX:RIO) is again facing growing local opposition to its plans for the massive Jadar lithium mine in western Serbia.
Read MoreGold regained most of the losses incurred late last week and on Monday by Friday's close, but the Comex front month was still down 0.6%.
Read MoreOil rose in the wake of more tensions in the Middle East and the surprise incursion by Ukrainian forces into parts of southern Russia, near the city of Kursk (scene of a major tank battle in the Second World War).
Read MoreThe ASX is looking at a near-60-point gain at the resumption of trading this morning after Wall Street clawed back all of Monday’s losses by Friday with another solid session.
Read MoreSo, Wall Street is back on par with a week ago—but that disguised the big rebound in the megacaps, led by Apple, which survived the news that Warren Buffett has sold half of Berkshire Hathaway’s stake, taking a lot of money and going into US T-notes.
Read MoreIron ore edged up on Friday to reclaim the US$100 a tonne mark but fell short of the previous week’s closing high.
Read MoreSee, there is life after being a headless chook for a couple of days. Wall Street almost eliminated the big losses from Monday by the afternoon trading session on Friday, but eased and left a few small blobs of red ink on the table.
Read MoreUS stocks edged higher on Friday as the market continued its remarkable recovery from Monday’s sharp sell-off, nearly erasing the week’s earlier losses.
Read MoreUS stocks climbed Thursday after new labor market data boosted investors’ confidence in the US economy following a sharp market sell-off earlier in the week.
Read MoreThe rout in lithium continues worldwide after Albemarle and Arcadium last week and this week slashed mine, refinery, and exploration budgets in Australia, the US, Chile, and Argentina.
Read MoreFurniture retailer Nick Scali (ASX:NCK) hopes that 2023-24 will be a year it and the market can forget, after again cutting its dividend amid a not unexpected decline in revenue and sales for the 12 months.
Read MoreChinese imports surprised by being stronger than forecast in June, rising 7.2% instead of the predicted 3.5% and more than reversing the previous month’s decline.
Read MoreFor a second year, Murdoch clan-owned News Corp is considering whether to sell its 65%-owned pay TV business, Foxtel.
Read MoreWill Mirvac (ASX:MGR) be a bellwether for the property sector for the current financial year with its warning of lower earnings for 2024-25?
Read MoreAmerican business analysts have just realized that Warren Buffett is the largest owner of short-term U.S. Treasury bills (or notes) – even larger than the Federal Reserve, America’s central bank.
Read MoreFund Manager Chris Pedersen discusses Brambles (ASX:BXB), Pinnacle Investment Management Group (ASX:PNI) and Cleanaway Waste Management (ASX:CWY).
Read MoreA snapshot of the stocks on the move, featuring Pointerra (ASX:3DP), EVZ (ASX:EVZ) and Sarytogan Graphite (ASX:SGA).
Read MoreQBE (ASX:QBE) is raining cash, with profit doubling for the six months to June and the global insurer lifting its interim dividend by more than 60%.
Read MoreWinston Sammut, the Director Property of Euree Asset Management, gives his weekly take on the REITs sector.
Read MoreAustralian shares surged on Friday, mirroring gains on Wall Street after positive US jobless claims data eased recession fears.
Read MoreMore than 15% of the ASX 200 – some 32 companies – will report their June 30 performances this week. By Friday, we will have a very good idea of how the reporting season will end up.
Read MoreUS stocks edged higher on Friday as the market continued its remarkable recovery from Monday’s sharp sell-off, nearly erasing the week’s earlier losses.
Read MoreMore cackling this week from the henny-pennies about the health of the US economy, with the focus shifting to the consumer price inflation report for July.
Read MoreRising U.S. economic nationalism is poised to disrupt global trade, regardless of who wins the White House in November, with shipowners particularly alarmed at the prospect of Donald Trump’s protectionism returning "on steroids," according to the head of a major industry group.
Read MoreIn the 1980s, the Australian wine industry faced such severe challenges that the Calabria family of winemakers had to halt their primary operations and focus on washing bottles for larger producers to stay afloat.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events.
Read MoreBrent Barnes – CEO & Managing Director – LBT Innovations (ASX:LBT) provides intelligent automation solutions to microbiology laboratories.
Read MoreKathryn Cutler – CEO – Killi Resources (ASX:KLI) is a gold and copper exploration company with Australian based projects in WA & QLD – committed to the next new mineral discovery.
Read MoreDr David Stamler, CEO, Alterity Therapeutics (ASX:ATH) is a clinical stage biotechnology company dedicated to creating an alternate future for people living with neurodegenerative diseases.
Read MoreA hint of good economic news emerged from the Chinese economy on Friday, with inflation showing more signs of stirring.
Read MoreEach week The Last Word will offer a review of the week's events and their impact on the markets.
Read MoreUS stocks climbed Thursday after new labor market data boosted investors’ confidence in the US economy following a sharp market sell-off earlier in the week.
Read MoreOf course, the splitting of Webjet (ASX:WEB) into two companies is going to be a good thing – you don’t have to read the 214-page explanatory document to know that.
Read MoreWe saw the mining equivalent of alchemy on Thursday in a deal revealed by IGO (ASX:IGO) and gold tiddler Medallion Metals (ASX:MM8).
Read MoreIn the final unwinding of the complicated links between gold miners Red 5 (ASX:RED) and Silver Lake Resources, a parcel of shares in Red 5 has been sold for a nice profit.
Read MoreDepartment store retailer Myer (ASX:MYR) has warned it will report a significant fall in profit for the year to July 31.
Read MoreAt 11:30am, the S&P/ASX 200 is 0.62 per cent lower at 7,652.40. The Australian sharemarket is trading lower, mirroring a decline in US markets following a poorly received Treasury bond auction.
Read More