US Indices Continue to Growl
It was as though the weekend never happened as markets continued their Friday slide with another slump Monday.
Read MoreIt was as though the weekend never happened as markets continued their Friday slide with another slump Monday.
Read MoreElectric vehicle giant Tesla is moving ahead with a share split to make its shares more attractive to investors, while global cosmetic house Revlon is reportly on the verge of collapse.
Read MoreCommodity prices continue to be both held hostage by and one of the prime causes of the current economic forces at play that are wreaking so much havoc upon markets and economies.
Read MoreThe week ahead is all about the two-day Fed meeting and its rate decision, the wording of the post-meeting statement and new forecasts – especially for US inflation and growth.
Read MoreWhile markets will focus this week on central bank moves and US retail sales, locally the May jobs data and a couple of other releases will tell us how business is handling the rougher conditions.
Read MoreLocal regulators have ignored the opportunity to use Australia’s leading position in key battery minerals such as lithium, nickel and cobalt to set up a futures market in index form.
Read MoreThe fragility in the Chinese economy wasn’t to be found in the exuberantly strong trade data and near-record surplus for May, but look a little closer and many worrying signs remain.
Read MoreWe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. So here it is in one handy location. You’re welcome.
Read MoreDespite a sharp improvement in production of NEVs from its Shanghai plant in May, Tesla has had to cede market leadership in China for a third straight month to the Warren Buffett backed BYD.
Read MoreBank stocks have taken a pounding in the past week and for now the market seems to be ignoring the positive impact rising rates have on bank revenues, earnings and net interest margins.
Read MoreThe Outperform rating and $4.61 target price are maintained.
Read MoreOutperform maintained. Target is lowered to $36.90 from $38.50.
Read MoreThe target price falls to $2.79 from $2.87, while the Hold rating is maintained.
Read MoreNovatti Group Limited (ASX:NOV) CEO and Managing Director Peter Cook spoke with Finance News Network about his company’s stablecoin deals with Ripple and Stellar.
Read MoreBluGlass Limited Executive Chair James Walker provides an update on the company, discussing new staff and developments at BluGlass’ manufacturing facility in Silicon Valley.
Read MoreImmutep Limited ED / CEO Marc Voigt, Chief Scientific and Medical Officer Dr Frédéric Triebel, and Vice President Strategic Development Christian Mueller present on Immutep’s latest clinical results.
Read MoreLauren Evans from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreLauren Evans from Finance News Network breaks down some stocks making noise in today’s ASX trading session.
Read MoreCatchy phrases and fund-manager labels are more about marketing than wealth creation.
Read MoreThe European Central Bank (ECB) joined the push to tighten, leaving the Bank of Japan as the only major central bank with ultra-easy monetary policy stance.
Read MoreMelissa Darmawan from Finance News Network with a look ahead to today’s ASX trading session.
Read MoreCleanaway has been forced to reveal its second profit downgrade in six weeks thanks to a fire at its medical waste processing facility in Dandenong, Victoria.
Read MoreChina’s May trade performance was better than forecast as the country’s trade surplus widened sharply, but inconsistency and broad concerns persist as the Covid threat lingers.
Read MoreAs Annabelle Miller from PM Capital explains, while they have fallen to a certain degree, tech valuations are yet to fully reflect the deteriorating earnings growth in the sector.
Read MoreGAM Investments’ Julian Howard argues that in order to be successful, investors must transcend the sense of fragility exacerbated by volatile periods and stick to their plans.
Read MoreThe fate of the $8.9 billion US private equity bid for Crown Resorts now rests with WA regulators after their counterparts in Victoria and NSW both approved the deal on Thursday.
Read MoreAurizon’s proposed $2.35 billion purchase of One Rail from Macquarie Asset Management has hit trouble after the ACCC revealed some concerns with the deal regarding competition.
Read MoreCredit Suisse downgrades to Underperform from Neutral and reduces the target to $2.60 from $2.80.
Read MoreThe Outperform rating and $94 target price are maintained.
Read MoreThe broker retains its Hold rating and notes the potential for a takeover price to exceed the current share price. Separately, the analyst raises its stand-alone valuation for the company to $6.47/share from $6.41.
Read MoreMelissa Darmawan from Finance News Network with a round-up of the highlights from today’s ASX trading session.
Read MoreMelissa Darmawan from Finance News Network with all the news from today’s morning trading session on the ASX.
Read MoreMelissa Darmawan from Finance News Network with a look ahead to today’s ASX trading session.
Read MoreMacquarie, the Commonwealth, the NAB and the ANZ have followed Westpac in announcing they would pass on the full 50 basis point RBA rate increase to their customers.
Read MoreShares in women’s fashionwear retailer Mosaic Brands were crunched 55% Wednesday after the company sprung a bad news downgrade and loss for the year to June on investors.
Read MoreAnother heavy news day among ASX stocks on Wednesday, including earnings upgrades from companies of very different sizes and a somewhat controversial key hire.
Read MoreShares in global toll roads group Atlas Arteria jumped more than 16% Wednesday after infrastructure giant IFM emerged with a 15% stake and an intention to look at making a bid.
Read MoreAMP Chief Economist Shane Oliver believes greater sensitivity to higher interest rates will cap how much the RBA hikes to well below market expectations for a cash rate of 4% or more.
Read MoreJapan is home to many well-run, globally dominant businesses, a fact often obscured behind headlines that call attention to a stagnant economy and scandals at large corporations.
Read MoreThe broker observes retail is relatively more defensive as an asset class in cyclical downturns and as a result upgrades to Neutral from Underperform. Target is reduced to $2.79 from $2.85.
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