Company News /
by Glenn Dyer -
2 years ago
26 May 2023 - Shares in Treasury Wine Estates (ASX:TWE) fell by nearly 8% yesterday after it both upgraded and downgraded its outlook for its June 2022-23 outlook and revealed plan…
Company News /
by Glenn Dyer -
2 years ago
26 May 2023 - Adbri (the onetime Adelaide and Brighton) says its first quarter 2023 earnings were “significantly above” the same quarter of 2022 as the company faced stronger deman…
Company News /
by Glenn Dyer -
2 years ago
26 May 2023 - Some news wafted across the Tasman on Thursday from a couple of our Kiwi siblings, insurance group Tower (ASX:TWR) and dairy major Fonterra (ASX:FSF).
Company News /
by Glenn Dyer -
2 years ago
26 May 2023 - The Australian stock exchange fell heavily yesterday after the Fitch ratings agency placed its AAA credit rating for America on a negative outlook, meaning a downgrad…
Company News /
by Finance News Network -
2 years ago
25 May 2023 - Big tech has enjoyed a resurgence this year. Seven large US companies (Apple, Microsoft, Alphabet, Amazon, Tesla, Netflix and Nvidia) have collectively returned 34% i…
Company News /
by Glenn Dyer -
2 years ago
25 May 2023 - Eagers Automotive (ASX:APE), Australia’s largest car dealer group, reckons rising demand for electric vehicles – especially the Chinese BYD brand – will help it offse…
Company News /
by Glenn Dyer -
2 years ago
25 May 2023 - Everybody’s travelling and making money, or so it seems. Qantas confirmed it on Tuesday with a forecast of a record profit for the year to June, and on Wednesday onli…
Company News /
by Glenn Dyer -
2 years ago
25 May 2023 - Shares in Brisbane-based youth-skewing retailer Universal Store (ASX:UNI) took a hammering on Wednesday with a late financial year trading update that left the market…
Company News /
by Glenn Dyer -
2 years ago
25 May 2023 - At last, a change at the Reserve Bank of New Zealand with the world’s most gung-ho central bank slowing its chain of rate rises to just 0.25% at its May meeting yeste…
Company News /
by Glenn Dyer -
2 years ago
24 May 2023 - Qantas (ASX:QAN) is forecasting a record underlying pre-tax profit of up to $2.48 billion in the 2023 financial year and has boosted its buyback by $100 million.
Company News /
by Glenn Dyer -
2 years ago
24 May 2023 - Shares in struggling gold miner St Barbara (ASX:SBM) lost more than 3% in value yesterday afternoon after it said ‘no’ for a third time to a buyout proposal for its L…
Company News /
by Glenn Dyer -
2 years ago
24 May 2023 - Tuesday saw Westgold (ASX:WGX) announce promising mining results at its WA operations and a new player in the corporate action for Silk Laser (ASX:SLA).
Company News /
by Glenn Dyer -
2 years ago
23 May 2023 - Nobody wants Tyro Payments (ASX:TYR) – Westpac said pass and walked away last December and now its latest suitor, US private equity group Potentia, has shuffled off b…
Company News /
by Glenn Dyer -
2 years ago
23 May 2023 - New Hope Corp (ASX:NHC), the Queensland and NSW thermal coal exporter, revealed an upbeat performance in April’s quarterly report and also surprised with news about i…
Company News /
by Glenn Dyer -
2 years ago
23 May 2023 - Big global investors may find out this week how Vale, the giant Brazilian miner, will handle the much-awaited sale of 10% of its base metals business.
Company News /
by Glenn Dyer -
2 years ago
23 May 2023 - The keenly-priced $1.89 per share cash offer for Best and Less (ASX:BLG) by a group of insiders and big shareholders has been found to be not fair but reasonable in a…
Company News /
by Glenn Dyer -
2 years ago
20 May 2023 - The Japanese economy is booming, wages are surging, the stockmarket is at levels not seen in three decades and the outlook is its most upbeat in years.
Company News /
by Glenn Dyer -
2 years ago
22 May 2023 - Wall Street stocks fell Friday as Republicans twice halted the debt ceiling negotiations, stoking doubt about a deal being reached before the June 1 deadline.
Company News /
by Glenn Dyer -
2 years ago
22 May 2023 - It might look a quiet week ahead on paper, but the big issue will be the US debt ceiling negotiations and possible vote sometime in the next few days.
Company News /
by Glenn Dyer -
2 years ago
22 May 2023 - US oil and gas production will soon start sliding after drillers shut down a surprisingly large number of rigs for the second week in a row.
Company News /
by Glenn Dyer -
2 years ago
22 May 2023 - Silver Lake Resources (ASX:SLR) won’t go away and is adding more pressure on St Barbara to break its wedding banns with Genesis Minerals and sell its Leonora gold min…