Finance News Network

Latest News

Gas as a pillar of Australia's future

09 May 2024 - The Albanese government is set to defy global trends with the release of a comprehensive plan today, backing the continued extraction and use of gas beyond 2050.

Orica boosts earnings

09 May 2024 - Shareholders in Orica (ASX:ORI), the world's biggest explosives group, will get a tiny lift in their interim dividends after the company boosted earnings off the back…

Super Retail Group joins weak trading confession club

09 May 2024 - Shares in Brisbane-based Super Retail Group (ASX:SUL) were down 6% at one stage on Thursday after it joined the weak trading confession club that already contains riv…

Stocks of the Hour: Alliance Nickel, Marquee Resources, M3 Mining

09 May 2024 - A snapshot of the stocks on the move, featuring Alliance Nickel (ASX:AXN), Marquee Resources (ASX:MQR) and M3 Mining (ASX:M3M).

Commonwealth Bank anticipates modest profit growth

09 May 2024 - The Commonwealth Bank (ASX:CBA) is expecting little growth in its full-year profit for the year ending on June 30th after revealing a dip in third-quarter earnings on…

Toyota records record net profit

09 May 2024 - Tesla might be the world’s most valuable carmaker by market value, but Japan’s Toyota Motor has confirmed its giant status when it comes to sales, revenues, and earni…

De Grey seeks $600m capital raise

09 May 2024 - De Grey Mining (ASX:DEG) seeks a massive $600 million from shareholders to establish the foundation for the debt required to finance its $1 billion-plus Hemi gold min…

Challenges mount for BHP's bid on Anglo American

09 May 2024 - BHP’s (ASX:BHP) ambitions to buy Anglo American are facing problems in Brazil - not from competition and ownership concerns over Anglo’s iron ore business in that cou…

China's retreat from gold

08 May 2024 - Even China can't stomach spending too much money buying gold at record levels - something the players in the gold market forgot when they reported this week that the …

Perpetual confirms breakup with KKR

08 May 2024 - Perpetual (ASX:PPT) has confirmed the breakup deal it has struck with the US private equity giant, KKR.

Tesla's Chinese challenges

08 May 2024 - Tesla'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…

Stocks of the Hour: Larvotto Resources, Iceni Gold, Trinex Minerals

08 May 2024 - A snapshot of the stocks on the move, featuring Larvotto Resources (ASX:LRV), Iceni Gold (ASX:ICL) and Trinex Minerals (ASX:TX3).

Positive momentum persists for Goodman Group

08 May 2024 - Good 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 endi…

Arcadia Lithium reports earnings dip

08 May 2024 - Arcadium 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…

Santos looking to sell stake in the Alaskan oilfields

08 May 2024 - Santos (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…

Perpetual undergoes split and takeover

08 May 2024 - Sixteen 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 spl…

Analysis of big banks' half-year results

08 May 2024 - Despite 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…

Rex Minerals getting to the pointy end of Hillside financing process

08 May 2024 - Rex Minerals (ASX:RXM) is advancing the funding process for its Hillside copper-gold project on South Australia’s “Copper Coast”.

RBA leaves cash rate at 4.35%

07 May 2024 - The 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 to…

Higher incentive prices needed ahead of supercycle

07 May 2024 - Euroz Hartleys senior analyst Michael Scantlebury says “sensationalist” headlines about the end of mining are grossly exaggerated.

Unveiling the hidden dynamics of banks' $4.5 billion buyback frenzy

07 May 2024 - As 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 ex…

Ups and downs

07 May 2024 - A trio of updates from third-quarter trading companies ahead of their June 30 balance dates produced one good, one bad, and one okay.

Stocks of the Hour: Westar Resources, AML3D, ACDC Metals

07 May 2024 - A snapshot of the stocks on the move, featuring Westar Resources (ASX:WSR), AML3D (ASX:AL3) and ACDC Metals (ASX:ADC).

Regis Resources plans to expand gold output

07 May 2024 - Regis Resources (ASX:RRL) announces it will invest upwards of $120 million to expand gold output, establishing two new underground mines in Western Australia.

ANZ reports weak earnings but higher dividends

07 May 2024 - ANZ Group Holdings (ASX:ANZ) has topped the roll call of the big four banks, reporting weak earnings but higher dividends and buybacks.

Prior Page Next Page