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Stocks of the Hour: Chimeric Therapeutics, Apollo Minerals, Morella Corporation

29 Aug 2023 - A snapshot of the stocks on the move, featuring Chimeric Therapeutics (ASX:CHM), Apollo Minerals (ASX:AON) and Morella Corporation (ASX:1MC).

Star Entertainment reports $2.4 billion loss amid casino value write-downs

29 Aug 2023 - Embattled casino group, Star Entertainment (ASX:SGR), has posted a staggering loss of $2.4 billion for the fiscal year ending on June 30, primarily due to substantial…

BYD reports 207% surge in first half earnings

29 Aug 2023 - Chinese electric vehicle (EV) giant, BYD, announced a remarkable 207% increase in earnings during the first half of this year, propelled by record-breaking production…

Sudden departure of Fortescue's iron ore CEO triggers speculation

28 Aug 2023 - The unexpected resignation of Fiona Hick, Fortescue Metal's (ASX:FMG) iron ore CEO, cast a shadow over the annual results of the world's fourth-largest iron ore group…

NextDC forecasts stable earnings

28 Aug 2023 - NextDC (ASX:NXT), a cloud computing-driven data center group, appears to anticipate a potentially unvaried earnings trajectory for the 2023-24 fiscal year, as indicat…

Ramelius Resources doubles annual dividend

28 Aug 2023 - Ramelius Resources (ASX:RMS), amidst a robust performance in the fiscal year 2022-23 despite industry-wide cost pressures, has increased its annual dividend to 2 cen…

Appen plunges 29% following bleak interim results

28 Aug 2023 - Appen's (ASX:APX) shares experienced a significant 29% drop until 1pm yesterday as the company unveiled a set of interim results marked by substantial losses and decl…

Strong start for retail sales in 2023-24

28 Aug 2023 - Retail sales in the 2023-24 fiscal year commenced on a robust note, with sales showing a seasonally adjusted increase of 0.5%, as revealed by preliminary data from th…

Stocks of the Hour: Tamboran Resources, Talon Energy, Sarytogan Graphite

28 Aug 2023 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Talon Energy (ASX:TPD) and Sarytogan Graphite (ASX:SGA).

Orora's 2022-23 annual results highlight push into US markets, mirroring Amcor's strategy

28 Aug 2023 - The annual results for the fiscal year 2022-23 shed light on can and bottle maker Orora's strategic move to dive deeper into the US markets, echoing the path taken by…

China continues to grapple with weak economic data amidst challenging times

28 Aug 2023 - China's economy faces ongoing trials marked by persistent weak economic data, which is expected to persist as August draws to a close.

Powell's impact on markets falters: Reflecting on Friday's moves

28 Aug 2023 - Following Friday’s significant surge, it appears that Federal Reserve Chair Jay Powell's ability to influence market sentiments has diminished.

August marks another loss for US oil rig usage amidst global dynamics

28 Aug 2023 - Once again, August has proven to be a month of losses for oil rig activity in the US, with a recent decline adding to the trend.

June 30 reporting season wrap-up and global market outlook

28 Aug 2023 - As the June 30 reporting season draws to a close, roughly 15% of ASX 200 companies are yet to release their reports, primarily comprising smaller enterprises.

He arrived, spoke, and Wall Street cheered: Market insights post-Jackson Hole

28 Aug 2023 - As the echoes of the June 30 reporting seasons reverberate worldwide (except for China, where it reaches its peak this week), attention shifts to a flurry of data rel…

In the wake of US jobs report, global economic data flow gathers momentum

28 Aug 2023 - As the echoes of the June 30 reporting seasons reverberate worldwide (except for China, where it reaches its peak this week), attention shifts to a flurry of data rel…

Stocks of the Hour: Tamboran Resources, Sabre Resources, Mamba Exploration

25 Aug 2023 - A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), Sabre Resources (ASX:SBR) and Mamba Exploration (ASX:M24).

Wesfarmers announces increased dividend despite second half earnings slowdown

25 Aug 2023 - Shareholders in Wesfarmers (ASX:WES), the conglomerate that owns Bunnings, Kmart/Target, Officeworks, and a range of industrial enterprises, are set to receive a high…

Better: The quick mortgage company's catastrophic debut and what went wrong

25 Aug 2023 - In a dramatic turn of events, Better, a swift mortgage company based in the US, experienced a devastating debut as its shares plummeted by over 93% on Thursday.

ASIC initiates legal action against IAG and subsidiaries

25 Aug 2023 - Australia's corporate regulator, ASIC, has commenced legal proceedings against insurer IAG (ASX:IAG) and its two subsidiaries, accusing them of misleading customers r…

Pilbara Minerals reports robust financial year amidst global lithium price slump

25 Aug 2023 - Pilbara Minerals (ASX:PLS), despite navigating a challenging global lithium price downturn primarily driven by China's market dynamics, has officially confirmed a hig…

New world metals investment series showcases leading Australian companies in renewable energy shift

24 Aug 2023 - Premier mining, resources and technology conference organising company, Vertical Events, is hosting a New World Metals Investment Series in Perth, Melbourne and Sydne…

Nine Entertainment joins dividend cut trend amidst revenue decline and market challenges

24 Aug 2023 - Nine Entertainment (ASX:NEC) has become the latest addition to the growing list of companies reducing their dividends during this June 30 reporting season.

The Reject Shop sees dividend reinstatement and growth

24 Aug 2023 - In the world of retail, divergent outcomes are evident between The Reject Shop (TRS) and Lovisa, showcasing distinctive retail strategies.

Stocks of the Hour: Black Mountain Energy, Andromeda Metals, Qantas

24 Aug 2023 - A snapshot of the stocks on the move, featuring Black Mountain Energy (ASX:BME), Andromeda Metals (ASX:ADN) and Qantas (ASX:QAN).

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