Finance News Network

Latest News

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).

South32 Reports Annual Loss Due to Accounting Cleanup, Plans Dividend and Capital Boost

24 Aug 2023 - An anticipated accounting cleanup has resulted in South32 (ASX:S32) reporting a loss for the fiscal year ending on June 30. However, despite this loss, shareholders a…

Qantas Achieves Record Pre-Tax Profit of $2.5 Billion Under CEO Alan Joyce's Leadership

24 Aug 2023 - Qantas (ASX:QAN) has unveiled a remarkable pre-tax profit of $2.5 billion, setting a new record for CEO Alan Joyce's final year at the helm of Australia's largest air…

Whitehaven Coal Achieves Record Earnings Amidst Slump in Coal Prices

24 Aug 2023 - In the face of declining global coal prices, particularly thermal coal, the fiscal year 2022-23 stands as Whitehaven Coal's pinnacle, as the company reported unpreced…

Northern Star Resources Reports Record Earnings and Increased Dividends for Shareholders

24 Aug 2023 - A surge of financial success for Northern Star Resources (ASX:NST) has translated into record earnings and enhanced dividends for shareholders in the fiscal year endi…

Air New Zealand Returns to Profitability with Special Dividend Amidst Travel Boom

24 Aug 2023 - Benefitting from a resurgent travel industry and ongoing government support, Air New Zealand (ASX:AIZ)has reported a profit and special dividend for the fiscal year e…

Nvidia's Stellar Earnings Amidst Mixed Retail Results: A Tale of Contrasting Sectors

24 Aug 2023 - As the American retail sector faces mixed and weaker quarterly results, AI chip giant Nvidia emerges as a strong player, sending Wall Street abuzz.

Graphite: Cornerstone of EV batteries

24 Aug 2023 - The EV industry, with its eyes set on a trillion-dollar market value, is racing against time to replace the century-old internal combustion engines (ICE) that have lo…

Stocks of the Hour: Lake Resources, 4DS Memory, Raiden Resources

23 Aug 2023 - A snapshot of the stocks on the move, featuring Lake Resources (ASX:LKE), 4DS Memory (ASX:4DS) and Raiden Resources (ASX:RDN).

Transition from large-scale nuclear to SMRs gains momentum in US

23 Aug 2023 - The central theme driving the energy transition and decarbonisation efforts revolves around the objective of maximising the use of electricity and sourcing this elect…

Santos shareholders unscathed by weak June performance as company focuses on diversification

23 Aug 2023 - Santos shareholders have managed to sidestep the ramifications of their company's lackluster performance in the first half of June.

WiseTech Global: A rare blend of growth and value, yet challenges ahead

23 Aug 2023 - Global logistics software firm, WiseTech Global (ASX:WTC), has emerged as a unique stock in the market, embodying both tech-style growth and shareholder value, in add…

Impressive turnaround in profits for K&S Corp in FY2023 despite challenges

23 Aug 2023 - Based in Melbourne, K&S Corp managed a turnaround in financial performance in the fiscal year ending on June 30, outperforming expectations for even larger and more p…

Prior Page Next Page