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Market punishes Xero to the tune of 10%

11 Nov 2022 - Investors punished accounting software multinational Xero (ASX:XRO) yesterday after it released mixed interim results which were topped by the surprise exit of its CE…

Turquoise minorities move set tto blow up in Rio's face

11 Nov 2022 - Rio Tinto’s (ASX:RIO) attempts to take out the minorities in Canadian miner Turquoise Hill Resources is turning into a mess. So much so that Rio is in danger of botch…

This Origin story looks headed for a happy ending

11 Nov 2022 - Shares in Origin Energy (ASX:ORG) jumped 40% at one stage yesterday after directors supported an $A18.4 billion non-binding buyout offer from a consortium led by Cana…

Stocks of the Hour: Invictus Energy, OD6 Metals, Predictive Discovery

10 Nov 2022 - A snapshot of the stocks on the move featuring Invictus Energy (ASX:IVZ), OD6 Metals (ASX:OD6) and Predictive Discovery (ASX:PDI).

Crypto a mess as Binance cans FTX bailout

10 Nov 2022 - The second smashing in as many days for the crypto world today, with another major collapse on the cards after Binance backed out of its planned bailout of struggling…

Strong result puts a rocket up Orica shares

10 Nov 2022 - Explosives group Orica (ASX:ORI) is confident that the 2022-23 year will be better than the one just ended on September 30, even after all those worries about higher …

Big four bank earnings solid but costs a concern

10 Nov 2022 - The big four banks have all now reported, with the group lifting its combined earnings 7% to a total of $28.5 billion for 2021-22.

Whitehaven underwater for second straight year

10 Nov 2022 - The La Niña-linked heavy rain and flooding around Gunnedah in NSW has seen Whitehaven Coal (ASX:WHC), the largest listed coal exporter, forced to cut production and s…

Local miners astir as Gold Fields lurks

10 Nov 2022 - Do investors sense a South African predator in the Australian gold jungle, stalking some underperforming local operators after losing out on a major deal this week?

Stocks of the Hour: Aeon Metals, ReNu Energy, Infinity Lithium Corporation

09 Nov 2022 - A snapshot of the stocks on the move featuring Aeon Metals (ASX:AML), Renu Energy (ASX:RNE) and Infinity Lithium Corporation (ASX:INF).

Cryptoverse in turmoil after FTX Failure

09 Nov 2022 - Global crypto markets are reeling at massive price slumps after a shock bailout of the dominant FTX exchange.

Survey says: Bear market blues beginning to bite

09 Nov 2022 - A week after the Reserve Bank again lifted interest rates and two weeks after the September quarter consumer price report showed a 7% plus rise in the annual rate of …

Too much gas and not enough coyne, it seems

09 Nov 2022 - Last week, the World Gold Council reported that the bottom 10% of gold mines around the world were in trouble with negative cash flows because of the falling gold pri…

Further balance sheet demolition from Hardies

09 Nov 2022 - There was no hiding behind a $US200 million share buyback yesterday for international building products group James Hardie (ASX:JHX) as it sliced its 2022-23 earnings…

Santos shares lose 5% on downgrade, pivot

09 Nov 2022 - Santos (ASX:STO) surprised investors yesterday with a new strategy and news that output will drop by around 10% in 2023.

Stocks of the Hour: Antilles Gold, Skyfii, Lode Resources

08 Nov 2022 - A snapshot of the stocks on the move featuring Antilles Gold (ASX:AAU), Skyfii (ASX:SKF) and Lode Resources (ASX:LDR).

Jilted gold fields on the hunt for greener pastures

08 Nov 2022 - Will Gold Fields look to Australia to feed its ‘get bigger’ aspirations after Canadian groups Agnico Eagle Mines and Pan American Silver Corp seemingly gazumped the S…

Covid controls worm into Apple production line

08 Nov 2022 - Apple underlined the problems afflicting China’s economy on Monday with a warning that Covid controls would see current quarter iPhone production, exports and sales f…

Westpac committed to crunching costs

08 Nov 2022 - Westpac (ASX:WBC) has lifted its 2024 cost target to $8.6 billion from $8 billion after a surge in inflationary cost pressures in the six months to September 30.

Peabody-Coronado deal goes the way of the dodo

08 Nov 2022 - Coronado Global Resources (ASX:CRN) and Peabody Energy – each of which owns coal mines in Australia and the US – have ended discussions that would have created a comp…

Stocks of the Hour: Novatti Group, RareX, Altech Chemicals

07 Nov 2022 - A snapshot of the stocks on the move featuring Novatti Group (ASX:NOV), RareX (ASX:REE) and Altech Chemicals (ASX:ATC).

Markets Buffet Berkshires bottom line

07 Nov 2022 - Warren Buffett’s Berkshire Hathaway revealed a 20% rise in operating profit for the third quarter but also more than $US13 billion in losses as the value of his compa…

Commodities corner: Chinese chequered

07 Nov 2022 - The Great China Market Con was on late last week as Asian markets and global commodity prices staged a trillion-dollar-plus rebound for no ostensible reason except a …

Diary: Catching breath, finding Zen

07 Nov 2022 - Last week was very busy for investors here and offshore – rate rises from three major central banks, lots of key economic and business data, earnings reports in the U…

Monday market minutes: Hope springs

07 Nov 2022 - Wall Street reacted oddly to the stronger than forecast US jobs report for October – it rose instead of wobbling as many would have expected it to do.

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