Finance News Network

Latest News

Red ink in the property sector: Charter Hall reports losses

21 Feb 2024 - The red ink continues in the property trust sector, with Charter Hall Group (ASX:CHC) joining in with a very weak, loss-studded financial report for the December half…

WiseTech Global shares surge on strong interim results

21 Feb 2024 - Shares in WiseTech Global (ASX:WTC), one of the ASX’s premier tech stocks, are back on track to reach last August’s all-time highs after a better-than-expected interi…

Stocks of the Hour: Bastion Minerals, Lithium Universe, Argent Minerals

21 Feb 2024 - A snapshot of the stocks on the move, featuring Bastion Minerals (ASX:BMO), Lithium Universe (ASX:LU7) and Argent Minerals (ASX:ARD).

NAB faces decline in earnings as CEO set to retire

21 Feb 2024 - The National Australia Bank (ASX:NAB) is bracing for a less profitable departure for its CEO, Ross McEwan, as the bank experiences an unexpected 17% decline in cash e…

Lithium Universe secures prime industrial land for lithium refinery expansion

21 Feb 2024 - Lithium Universe (ASX:LU7) has made a significant move in its quest to address the lithium conversion capacity gap in the North American market. The company announced…

Mount Gibson Iron rides the wave of the iron ore price surge

21 Feb 2024 - The iron ore price surge of late 2023 was the gift that continues giving to Australian miners, as we saw with BHP’s (ASX:BHP) huge $US9 billion plus have year profit …

Is KMD Brands falling victim to global warming?

20 Feb 2024 - La Niña and its heavy rainfall transitioned to a brief El Niño in the latter half of 2023. However, since December, storms, cyclones, and heavy showers across much of…

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 …

Prior Page Next Page