Finance News Network

News by Glenn Dyer

Glenn Dyer

Glenn Dyer has been a finance journalist and TV producer for more than 40 years. He has worked at Maxwell Newton Publications, Queensland Newspapers, AAP, The Australian Financial Review, The Nine Network and Crikey.

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Answers forthcoming for Wiluna collapse

27 Jul 2022 - Investors in Wiluna Mining (ASX:WMC) hope to start getting answers next Monday as to why their company suddenly collapsed late last week and went into administration.

Newmont hoses down Oz/African expectations

27 Jul 2022 - Newmont (ASX:NEM), the world’s biggest gold miner has warned of delays and cost increases at its expansion projects in Australia and Africa, blaming current market co…

Late Walmart downgrade sets the street on edge

26 Jul 2022 - Walmart (NYSE:WMT) sent tremors through Wall Street and global retailing with a surprise after hours trading downgrade for the three months to June and for the rest o…

Mining Morsels: OZL, S32

26 Jul 2022 - Updates Monday from major miners OZ Minerals and South32 told a similar story – the fourth quarter saw disruptions caused by Covid, the Russian invasion of Ukraine, r…

Flight Centre forecast gets a slight upgrade

26 Jul 2022 - Travel agency Fight Centre (ASX:FLT) has narrowed its forecast loss for the year to June in a trading update issued Monday, a month or so it before it reveals its ful…

No luck of the Irish for EML Payments

26 Jul 2022 - Shares in EML Payments (ASX:EML) crashed more than 20% for the second time in a couple of weeks on Monday on more bad news from Ireland.

Investors see a silver lining in IAGs grey clouds

26 Jul 2022 - Investors continued to look past the negatives in Friday’s FY2021-22 trading update from Insurance Australia Group (ASX:IAG), with shares up more than 5% Monday to co…

Economics wrap: In the palm of their hands

25 Jul 2022 - Naturally the US Federal Reserve’s two-day meeting and statement at 4am Sydney time on Thursday will hold market attention this week, but so will the first estimate o…

Commodities corner: Thats all, Volks!

25 Jul 2022 - There’s a major hiccup for the booming electric vehicle, green metals (and especially lithium) sectors with the news that unions and rich insiders, plus a state gover…

Diary: What is past is merely prelude

25 Jul 2022 - If you think the last couple of weeks have seen a lot of news and action in financial markets, then have we got a BIG week ahead for you.

Monday market minutes: momentum snapped

25 Jul 2022 - The recovering confidence in tech companies on Wall Street ran into a couple of less than successful stories late last week, ending Wall Street’s latest flirtation wi…

The fear of freefalling

24 Jul 2022 - Is this capitulation territory – the time when investors give up believing that things are going to get better and accept whatever vagaries stockmarkets throw at them…

US earnings focus shifts to energy sector

24 Jul 2022 - A big fortnight for the world’s energy majors with June 30 quarterly reports due from the likes of Exxon, Shell and BP.

China's plan to control Aussie ore market

24 Jul 2022 - Let's take a moment to think about China’s latest whizzbang idea to try and control the Australian iron ore industry with a centralised buying agency.

Ford revving its (electric) engine

24 Jul 2022 - Ford believes it now has enough battery supplies to allow it to produce 600,000 electric vehicles a year by the end of 2023 and it thinks it has covered around 70% of…

Link Saga Nearing an End - Or Is it?

22 Jul 2022 - The Days of Our Lives deal of Australian finance - Link Group’s (ASX:LNK) multi-year attempts to sell itself - looks like it’s about to enter its final episode.

La Nina dampens Yancoals spirits

22 Jul 2022 - Wet weather and Covid have forced coal miner Yancoal Australia (ASX:YAL) to slash its 2022 output forecast just as it is enjoying record prices, revenues and earnings…

Newcrest loses just a bit of its lustre

22 Jul 2022 - Newcrest Mining’s (ASX:NCM) gold and copper production and sales saw the anticipated improvement in the 4th quarter but it wasn’t enough to prevent the company from f…

Woodside, Santos join the petroleum profit party

22 Jul 2022 - As forecast the June quarter and half year revenue performances at Woodside Energy and Santos were stunning, thanks to the strength in oil and gas prices and by the c…

Cor blimey - UK inflation ain't half hot, Mum!

21 Jul 2022 - Britain’s inflation woes worsened with the country’s Consumer Price Index (CPI) leaping to a staggering 9.4% reading in June with new warnings it could hit an unheard…

Logistics take their toll on Tesla

21 Jul 2022 - A mixed set of numbers from Tesla Thursday (Sydney time) as the electric vehicle giant reported the expected ending of its streak of rising quarterly revenues and ear…

Like taking candy right now for Bubs

21 Jul 2022 - Happenstance played a big role in the boost to the June quarter performance by Bubs Australia which was in the right place at the right time with the right product wh…

The sky's the limit for Northern Star

21 Jul 2022 - Gold miner Northern Star Resources is looking at a small rise in 2022-23 gold production from its mines in Australia and Alaska after wrapping up what seems to have b…

Allkem fully charged and ready to roll

21 Jul 2022 - Lithium group Allkem has joined rivals such as Pilbara Minerals and Albemarle (of the US) in showing there’s a lot of money to be made from the lithium gig, with pros…

Life's a beach, life's a gas

21 Jul 2022 - The Kerry Stokes dominated Beach Energy yesterday revealed its best quarterly earnings off the back of the surge in global oil and gas prices since the invasion of Uk…