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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Netflix audience continues to shrink

20 Jul 2022 - Not for the first time this year, Netflix missed market forecasts, but instead of a repeat of the headlong sell-offs in February and April, this time saw the shares r…

JB Hi-Fi earnings numbers remain sound

20 Jul 2022 - A surprisingly solid early update Tuesday from electronics and whitegoods retailer JB Hi-Fi about its 2021-22 sales and earnings – with the company reporting record p…

BHP pushes back hard on Queensland coal royalties

20 Jul 2022 - BHP has made the strongest warning yet from a coal miner about the potential damage the lift in royalties from the Queensland government in its 2022-23 budget might c…

Ore struggles reach the big end of town

20 Jul 2022 - BHP has joined its major iron ore rival Rio Tinto in warning investors about the uncertain outlook for the company and its commodities.

Ampol another beneficiary of Ukraine unrest

20 Jul 2022 - The unwitting Australian resource company beneficiaries of Russia’s aggrandisement in Ukraine continue to emerge as June 30 updates and production and sales data are …

Strong NZ CPI bodes ill for local data

19 Jul 2022 - New Zealand has given Australia a foretaste of what to expect from the June quarter consumer price index release a week tomorrow with a bigger rise than expected in M…

Lynas (ASX:LYC) turning green into gold

19 Jul 2022 - Lynas (ASX:ASX:LYC) has again confirmed there is a lot of money to be made in the rare earths game by taking on China and proving to be a reliable, low-cost provider …

Whitehaven (ASX:WHC) hits decade high on record earnings

19 Jul 2022 - NSW coal miner Whitehaven (ASX:WHC) is looking at record earnings of $3 billion for the year to June 30, news that saw the shares hit an 11-year high of $6.14 on Mond…

China not to blame for Iron Ore price woes

19 Jul 2022 - Despite a solid month of crude steel output for China in June, iron ore prices have fallen to new seven-month lows.

ANZ off chasing the SUN

18 Jul 2022 - ANZ Bank has confirmed that it proposes to buy Suncorp’s banking business for $4.9 billion and will ask its shareholders to cough up $3.5 billion via a one for 15 ful…

ANZ keen to mind other people's business now

18 Jul 2022 - Does the ANZ Bank really know what its future is after last week’s mad switcheroos?

Commodities Corner: Oil by itself

18 Jul 2022 - The rout across most commodity markets continues -- only oil has proven to be resistant to the growing belief that recessions stalk the global and major economies, es…

Diary: You have to crawl before you can walk

18 Jul 2022 - The coming week will be another five days packed full with a long list of issues for investors to gnaw – US earnings, global inflation, jobs, economic growth and more…

Monday Market Minutes: Tech it to the limit

18 Jul 2022 - US June quarter reporting accelerates this week with earnings from four major tech stocks to drive sentiment on Wall Street and possibly set the tone for the rest of …

Covid reapplies the brakes to Chinese growth

18 Jul 2022 - Chinese economic growth slowed sharply in the three months to June, weighed down by the government’s harsh Covid control measures, especially in Shanghai.

Putting the "cry" into cryptocurrency

18 Jul 2022 - The red ink and pain for hundreds of thousands of crypto investors continues with potential losses now looking like they could top $US30 billion.

Gonneville proving to be one almighty find for Chalice

18 Jul 2022 - Thanks to more drilling in the past seven months, Gonneville – the world’s biggest nickel sulphide discovery this century – has grown in size, along with the amount o…

Full electric press continues for Volkswagen

18 Jul 2022 - More details of VW’s EV-battery ambitions emerged this week with the company starting work on its own gigafactory in Germany – the first of up to half a dozen similar…

Ore numbers hold for now but cliff beckons for Rio

18 Jul 2022 - Rio Tinto is maintaining full year guidance for its iron ore production and exports after a solid June quarter performance but it is facing a sharp fall in earnings f…

Tough June quarter for the Morgans

15 Jul 2022 - As expected, big US banks JPMorgan Chase and Morgan Stanley delivered on weaker second quarter earnings on weak dealmaking revenues, higher loan loss reserves and oth…

Aurizon Rail One deal still on track after ACCC tick

15 Jul 2022 - The ACCC says it will not oppose the proposed $2.35 billion purchase of One Rail by ASX-listed rail giant Aurizon after accepting a court-enforceable undertaking from…

Jobs data seals the deal for more rate hikes

15 Jul 2022 - Yesterday’s very strong June labour force data has made a rate increase certain when the Reserve Bank meets on August 2. It is now just a debate about the size – half…

Triple treat Thursday for Telstra

15 Jul 2022 - Thursday turned out to be a bit of a winning day for Telstra – in fact it got a three from three result.

Concerns mount as Bega blues continue

14 Jul 2022 - Since it provided a surprisingly weak trading update on April 20, shares in Bega Cheese have fallen 30% to Wednesday’s close of $3.55 because of fears it can’t recove…

Dearth of imports leads to record Chinese surplus

14 Jul 2022 - The continuing impact of Covid infections and lockdowns helped China report a record trade surplus of close to $US100 billion in June as exports did better but import…