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Coronado Coal faces challenges amid global price slump

20 Feb 2024 - Coronado Coal has joined the ranks of Whitehaven, Yancoal, and New Hope in feeling the pain from the slump in global coal prices. The company, which operates mines in…

China's central bank cuts key interest rate to aid mortgage holders

20 Feb 2024 - China's central bank has blinked and will cut the key official interest rate, which influences mortgage costs, in an attempt to provide assistance to the millions of …

Capital One's bold move: Acquisition bid for Discover shakes financial landscape

20 Feb 2024 - Seemingly out of the blue, a major US financial merger deal emerges, untouched by crisis or regulatory bailout.

Ansell joins trend of narrowing earnings guidance amidst softening demand

20 Feb 2024 - Ansell (ASX:ANN), like other major industrial players this interim reporting season, has followed suit in 'narrowing' its earnings guidance without explicitly signali…

Stocks of the Hour: PARKD, First Lithium, Vection Technologies

20 Feb 2024 - A snapshot of the stocks on the move, featuring PARKD (ASX:PKD), First Lithium (ASX:FL1) and Vection Technologies (ASX:VR1).

Gold price surge boosts Ramelius Resources profits

20 Feb 2024 - As expected, the late burst in gold prices in the final quarter of 2023 helped mid-tier gold group Ramelius Resources (ASX:RMS) achieve a 42% jump in interim profit.

ANZ granted approval to acquire Suncorp's bank

20 Feb 2024 - ANZ (ASX:ANZ) has been allowed to purchase Suncorp’s predominantly Queensland-based bank for $4.9 billion after the Australian Competition Tribunal overturned the ACC…

Sonic Healthcare lifts dividend despite sharp drop in Covid-related earnings

20 Feb 2024 - Sonic Healthcare (ASX:SHL) has increased its dividend despite significant declines in earnings during the first half of December, triggered by the easing of the Covid…

BHP slashes interim dividend

20 Feb 2024 - BHP (ASX:BHP) has slashed its interim dividend after net earnings plummeted 86% to just $US927 million.

ARB Corporation boosts interim dividend

20 Feb 2024 - Car components group, ARB Corporation (ASX:ARB), will pay shareholders a higher interim dividend despite only a slight revenue increase of 0.2% in the six months to D…

China's balance of payments: A tale of economic slowdown

20 Feb 2024 - China’s balance of payments data for last year shows the stunning impact on its trade performance from the slowdown in demand for its exports, weak domestic demand fo…

Commercial real estate downturn impacts GPT Group

19 Feb 2024 - GPT Group (ASX:GPT) has found itself grappling with the ramifications of the downturn in commercial real estate. While this downturn has dealt a significant blow to t…

Declining thermal coal returns in Queensland and NSW Hunter Valley confirmed

19 Feb 2024 - More confirmation of the sharp fall in returns from thermal coal mining and exports in Queensland, especially in the NSW Hunter Valley, emerged with New Hope Corp (AS…

Stocks of the Hour: Impact Minerals, Spacetalk, Hammer Metals

19 Feb 2024 - A snapshot of the stocks on the move, featuring Impact Minerals (ASX:IPT), Spacetalk (ASX:SPA) and Hammer Metals (ASX:HMX).

BlueScope Steel reports 27% fall in first-half profit amidst market volatility

19 Feb 2024 - As expected, steelmaker BlueScope Steel (ASX:BSL) experienced a 27% decline in first-half profit due to volatile market conditions, sluggish economic growth, and high…

Seven Group's bid for Boral targets minority stakeholders

19 Feb 2024 - Kerry Stokes' Seven Group (ASX:SVW) is bidding to acquire the 28.4% minority stake in Boral (ASX:BLD) with an offer that, despite its $6.05 per share price, holds a m…

A2 Milk reports strong first-half profit growth despite challenges in Chinese market

19 Feb 2024 - Kiwi dairy group A2 Milk (ASX:A2M) announced on Monday that its first-half profit surged by a solid 15.6%, driven by increased demand in China, other Asian markets, a…

RWC's acquisition strategy and dividend adjustment

19 Feb 2024 - Last week, the global plumbing supplies and services group RWC (ASX:RWC) revealed its $160 million purchase of the Australian company Holman Services, which operates …

Westpac attributes minor decline in first quarter profit to accounting rules

19 Feb 2024 - Westpac Banking Corp (ASX:WBC) has attributed a slight decrease in its unaudited first-quarter net profit to accounting rules governing financial hedges. The country’…

Cochlear surpasses expectations

19 Feb 2024 - Earlier this month, hearing implant giant Cochlear surprised investors with a significant upgrade to revenue growth and earnings for the six months to December, along…

Global economic outlook: Earnings, wages, and central bank watch

19 Feb 2024 - On the agenda this week: more earnings, especially from AI giant Nvidia, from around the world; wages data in Australia; continuing worries about inflation and centra…

Investors await big earnings reports: Nvidia and Walmart in focus

19 Feb 2024 - US markets will be closed on Monday for the Presidents Day holiday, but after that, investors face a big test with the quarterly earnings from AI figurehead Nvidia an…

Australian earnings season dominated by major resource companies

19 Feb 2024 - The second and biggest week of the Australian December half and full-year earnings reporting season will be dominated by major resource companies, both domestically a…

Oil sees modest weekly gains despite economic headwinds

19 Feb 2024 - Small weekly gains were seen in oil prices last week, despite challenges such as a firmer US dollar, higher US bond yields, and a significant increase in weekly US in…

Nvidia's upcoming report impacts US markets

19 Feb 2024 - Ahead of the key quarterly report from Nvidia later this week, US markets turned cautious on Friday, ending a month of rises.

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