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Renesas Electronics' $9.1 billion bid sent ASX tech sector soaring yesterday

16 Feb 2024 - The $9.1 billion bid for Altium from Japanese giant Renesas Electronics sent the ASX’s tiny tech sector sharply higher on Thursday.

Lithium producer Albemarle faces steep earnings slide

15 Feb 2024 - Albemarle, the world's largest lithium producer, showcased a mixed performance in the final quarter of 2023, revealing a $2.3 billion slide in earnings over the six-m…

Unemployment hits 4%: Is the job market softening?

15 Feb 2024 - The recent uptick in Australia's unemployment rate to above 4% in January, the first such increase in nearly two years, might seem like cause for concern. However, si…

BHP navigates challenges with nickel operations and Samarco dam fallout

15 Feb 2024 - BHP (ASX:BHP), the global mining juggernaut, finds itself at a crossroads as it grapples with significant challenges in its Western Australian (WA) nickel operations …

South32 slashes dividend

15 Feb 2024 - In a move reflective of the challenges facing the global mining sector, South32 (ASX:S32), a prominent player in the industry, has announced a substantial reduction i…

Uptick in Wesfarmers dividend despite retail sector slump

15 Feb 2024 - In defiance of prevailing market trends characterized by sluggish retail sales and dwindling profits, Wesfarmers, propelled by the stellar performance of its Kmart re…

Wesfarmers forges ahead with lithium expansion despite industry challenges

15 Feb 2024 - In the face of industry-wide concerns and cutbacks, Wesfarmers (ASX:WES) has demonstrated unwavering confidence in its lithium venture, as evidenced by its recent int…

Stocks of the Hour: Ora Banda Mining, Accelerate Resources, Altium, Way2VAT

15 Feb 2024 - A snapshot of the stocks on the move, featuring Ora Banda Mining (ASX:OBM), Accelerate Resources (ASX:AX8), Altium (ASX:ALU) and Way2VAT (ASX:W2V).

Whitehaven Coal's financial results and acquisition update

15 Feb 2024 - Whitehaven Coal (ASX:WHC) was somewhat reserved regarding the movement in major financial metrics in its December half-year results press release, issued Thursday mor…

Berkshire Hathaway shrinks investment portfolio to decade low

15 Feb 2024 - Warren Buffett's Berkshire Hathaway has trimmed its renowned investment portfolio to its lowest level in nearly a decade, with only 41 companies remaining after dives…

Telstra boosts dividend amid business review

15 Feb 2024 - Telstra (ASX:TLS) shareholders will receive a better-than-inflation 5.9% increase in interim dividends to 9 cents per share, despite the telecommunications company ac…

Barrick Gold unveils $1 billion buyback amidst production growth

15 Feb 2024 - In a strategic move reflecting its formidable financial position, Barrick Gold, the world's second-largest gold miner, has announced a buyback program worth $US1 bill…

Horizon & Greenstone merger

15 Feb 2024 - It is, in fact, the third deal if you go back to the Genesis bid for the Leonora-based assets of St Barbara in late 2022 and early 2023 that Silver Lake tried to gazu…

Fletcher Building plummets

14 Feb 2024 - Fletcher Building (ASX:FBU) shares dropped another 7% on Wednesday after hours of confusion about whether it should trade during a market briefing.

Stocks of the Hour: St George Mining, Hammer Metals, Bastion Minerals

14 Feb 2024 - A snapshot of the stocks on the move, featuring St George Mining (ASX:SGQ), Hammer Metals (ASX:HMX) and Bastion Minerals (ASX:BMO).

GrainCorp stuns market with drastic earnings guidance cut

14 Feb 2024 - GrainCorp (ASX:GNC) sent shockwaves through the market on Wednesday as its shares plummeted by a staggering 16%.

Property giant Dexus grapples with substantial losses

14 Feb 2024 - Dexus (ASX:DXS), the prominent property giant, finds itself in the red once again, recording a loss exceeding half a billion dollars for the six months leading up to …

Will lithium money funnel back to gold?

14 Feb 2024 - The lithium price rout and associated decline in equities could be an opportunity for the long-struggling junior gold space.

Azure wins Craig Oliver Award

14 Feb 2024 - Lithium takeover target Azure Minerals (ASX:AZS) has been named as the recipient of the 2024 Craig Oliver Award.

Evolution Mining declares another interim dividend

14 Feb 2024 - Another interim dividend for shareholders in Evolution Mining (ASX:EVN) after a modest result for the six months to December, highlighted by the consolidation of its …

Seven Group maintains steady dividend despite record revenue and earnings

14 Feb 2024 - Seven Group Holdings (ASX:SVW), led by Kerry Stokes, has once again demonstrated its resilience in the face of economic fluctuations, announcing record revenue and ea…

Disappointing interim results for Commonwealth Bank amidst bearish forecast

14 Feb 2024 - So much for all the bullish forecasts about the Commonwealth Bank’s (ASX:CBA) interim result. Yes, a cash profit of just over $5 billion was reported, but the underly…

Investors stunned by US inflation dip

14 Feb 2024 - Investors, especially on Wall Street and later today in Australia, received the rude shock they deserved from the slight fall in US Consumer Price Inflation in Januar…

Fletcher Building resumes trading amidst challenges

14 Feb 2024 - Fletcher Building (ASX:FBU), a prominent player in the construction industry, is poised to resume trading on the Australian Securities Exchange (ASX) at 10 am today, …

Sluggish labour market: Seek takes a hit

13 Feb 2024 - Shares of the online employment giant, Seek (ASX:SEK), took a dive of 10% during early trading as investors swiftly expressed disapproval of its interim results refle…

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