Perpetual confirms breakup with KKR
Perpetual (ASX:PPT) has confirmed the breakup deal it has struck with the US private equity giant, KKR.
Read MorePerpetual (ASX:PPT) has confirmed the breakup deal it has struck with the US private equity giant, KKR.
Read MoreTesla's sales problems in China are not going away, and it continues to lose ground against its big Chinese rival, BYD, which is now outselling Elon Musk’s company in the core product: pure battery-powered vehicles.
Read MoreA snapshot of the stocks on the move, featuring Larvotto Resources (ASX:LRV), Iceni Gold (ASX:ICL) and Trinex Minerals (ASX:TX3).
Read MoreAustralian shares continued their upward trend, gaining 0.3% at the opening following the Reserve Bank's decision to maintain interest rates and emphasise data dependency for future adjustments.
Read MoreGood times continue for Goodman Group (ASX:GMG), the listed commercial and industrial property group, with a second earnings upgrade in a few months for the year ending June 30.
Read MoreArcadium Lithium, formed earlier this year by the merger of Livent of the US and Australia's Allkem, has seen another significant fall in earnings, joining its rivals in taking a big hit from the downturn in lithium prices and demand.
Read MoreSantos (ASX:STO) is reportedly looking to sell its stake in the Alaskan oilfields it jointly owns, including the Pikka oil project, which is due to start producing in 2026. Reuters reported that Santos and its partner, Repsol, are discussing the sale of a minority stake worth around $US1 billion. This could represent between 20% and 25% of the areas.
Read MoreSixteen months after swallowing rival fund manager Pendal in a cash and shares deal worth around $2 billion, Perpetual (ASX:PPT) is, in turn, being taken over and split up in a deal worth $1.5 billion.
Read MoreDespite some slightly hysterical claims about the big banks being 'casualties', their half-year results confirm they are a long way from being wounded by the sluggish economy, high inflation, and tightening margins.
Read MoreRex Minerals (ASX:RXM) is advancing the funding process for its Hillside copper-gold project on South Australia’s “Copper Coast”.
Read MoreUS markets traded mostly sideways as the major indexes finished mixed on a day where investors continued to debate the Fed ‘s next rate moves and timing.
Read MoreUS markets traded mostly sideways as the major indexes finished mixed on a day where investors continued to debate the Fed ‘s next rate moves and timing.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the cash rate.
Read MoreThe Australian sharemarket surged by 1.4 percent following the Reserve Bank of Australia's decision to maintain the cash rate, resulting in gains across all 11 sectors, with the S&P/ASX 200 Index climbing to 7793.3 points at closing.
Read MoreThe Reserve Bank has left the cash rate unchanged at 4.35% at its latest meeting but revealed increasing worries about the health of the wider economy beyond still too-high inflation.
Read MoreAs the curtain closed on the interim bank reporting season, ANZ made its grand entrance into the buyback bonanza, joining the likes of NAB and Westpac in returning excess capital to investors.
Read MoreEuroz Hartleys senior analyst Michael Scantlebury says “sensationalist” headlines about the end of mining are grossly exaggerated.
Read MoreA trio of updates from third-quarter trading companies ahead of their June 30 balance dates produced one good, one bad, and one okay.
Read MoreRegis Resources (ASX:RRL) announces it will invest upwards of $120 million to expand gold output, establishing two new underground mines in Western Australia.
Read MoreThe Australian sharemarket opened higher, mirroring a surge in New York driven by anticipation of potential interest rate cuts by the Federal Reserve.
Read MoreA snapshot of the stocks on the move, featuring Westar Resources (ASX:WSR), AML3D (ASX:AL3) and ACDC Metals (ASX:ADC).
Read MoreANZ Group Holdings (ASX:ANZ) has topped the roll call of the big four banks, reporting weak earnings but higher dividends and buybacks.
Read MoreHow desperate is Tesla's Elon Musk? Quite a lot, judging by his almost plea-like call for Warren Buffett to buy Tesla shares after Berkshire Hathaway's annual meeting on Saturday.
Read MoreA solid earnings season and rising confidence in the Fed’s rates policy saw markets continue their advance to start the week well into positive territory.
Read MoreA solid earnings season and rising confidence in the Fed’s rates policy saw markets continue their advance to start the week well into positive territory.
Read MoreMarkets were taught a lesson in the turn-of-the-century’s dot-com bubble. Over excitement and massive investment in companies that hardly really existed, let alone made worthwhile returns, resulted in a traumatic correction. But is it happening again?
Read MoreThe Australian sharemarket saw a 0.7% increase in the benchmark S&P/ASX 200 Index on Monday, primarily driven by gains in interest rate sensitive sectors such as real estate and information technology ahead of the Reserve Bank's expected decision to maintain the cash rate.
Read MoreHow to disguise a lack of earnings growth: announce a big contract win and how that will boost the next financial year’s earnings and not the one that ends on June 30, 2024.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses seasonal patterns in shares.
Read MoreGrainCorp (ASX:GNC), the major east coast grain handler and shipper, has confirmed that it is facing a dramatic drop in first-half earnings for the six months to March 31.
Read MoreA snapshot of the stocks on the move, featuring TechGen Metals (ASX:TG1), Southern Cross Electrical Engineering (ASX:SXE) and Mandrake Resources (ASX:MAN).
Read MoreQantas (ASX:QAN) has settled its so-called ghost flights legal case with the competition regulator, the ACCC, at a cost of around $120 million.
Read MoreThe Australian sharemarket surged at opening due to a weaker-than-expected US jobs report, suggesting potential interest rate cuts in the US. At 11:30am, the S&P/ASX 200 is 0.54 per cent higher at 7,670.3.
Read MoreDr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses
Dr 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 MoreWestpac (ASX:WBC) has joined the National Australia Bank in reporting a double-digit dip in earnings for the half-year to March but will reward shareholders with higher dividends and a higher buyback.
Read MoreUS copper futures shook off a couple of weak days on Friday to climb nearly 2%, settling at $US4.5680 a pound ahead of the important elections in Panama on Sunday (yesterday).
Read MoreNow, American investors have hopped back on the rate-loom bandwagon, but they could be on it for the wrong reasons after the April jobs data on Friday and a couple of other data releases during the week that suggest the economy might be in the process of cooling a bit more quickly than understood.
Read MoreUS equity markets rallied strongly on Friday following softer-than-expected April jobs numbers. The report took some pressure off the Fed after recent hotter than expected economic data.
Read MoreJust as Apple’s first-quarter performance had won back skeptical investors, Warren Buffett's surprise $US 20 billion sale of Apple shares will send shockwaves through share markets starting today.
Read MoreAnother negative week for the US oil and gas industry, with oil rig numbers now tumbling below their level at the close of 2023.
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