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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Pattern emerging as BHP numbers underwhelm

20 Oct 2022 - BHP (ASX:BHP) has followed Rio Tinto’s weak lead from Tuesday by leaving an underwhelmed market wondering about the details of its 2023 first quarter report on Wednes…

Market Murmurs: BXB, TWE

19 Oct 2022 - Cautious optimism was the name of the game on a somewhat brighter ASX session Tuesday for both industrial behemoth Brambles (ASX:BXB) and recovering alcoholic special…

Numerous fronts beset St. Barbara

19 Oct 2022 - St Barbara Mining (ASX:SBM) is sliding into rough waters as mining, labour and cost problems hit its mining activities in WA, dropping production and forcing cut back…

Lithium price action remains strong for Pilbara Mines

19 Oct 2022 - Strong demand for lithium continues and that has seen Pilbara Minerals (ASX:PLS) accept a pre-auction bid (with a small rise in price from September) for a spodumene …

Sluggish ore division a drag for Rio Tinto

19 Oct 2022 - Iron ore is Rio’s (ASX:RIO) most important commodity and as a result of another underwhelming quarterly performance, the world’s biggest miner has wound back expecta…

Boardroom Bulletin: ABC, IGO

18 Oct 2022 - Two leading companies lost their CEOs yesterday in very different circumstances.

Bourse Discourse: CSL, EDV

18 Oct 2022 - One could almost be excused for thinking we are in the middle of a roaring bull market in the context of the two positive presentations on Monday from CSL (ASX:CSL) a…

Costa hit hard as big wet rolls on

18 Oct 2022 - Costa Group Holdings (ASX:CGC) shares sold off on Monday after the company revealed it continues to feel the negative impact of the rolling 2022 La Niñas and their bi…

Stars fall from grace complete with license ban

18 Oct 2022 - The ASX, ASIC and the board of Star Entertainment (ASX: SGR) will have a very difficult decision or three to make this week ahead of the suspension of Star’s Sydney c…

Earnings round-up: Get your motor running

17 Oct 2022 - The US third quarter earnings season accelerates this week, and sentiment will be tested right from the get-go by reports tonight from Tesla and then early Wednesday …

Huge changes afoot in US retail sector

17 Oct 2022 - The first serious consolidation for years is underway in American retailing, with two giant supermarket chains Kroger and Albertsons to merge in a $US24.6 billion dea…

Street abuzz with Fox-News Corp reunification talk

17 Oct 2022 - After trading ended on Friday, the market was surprised by news that Rupert Murdoch is exploring a recombination of Fox Corp and News Corp just over 9 years after he …

Commodities corner: Slippery little sucker

17 Oct 2022 - Oil once again hogged the spotlight in commodities last week with world prices sliding a week after they jumped in the wake of the OPEC+ decision to cut its global pr…

Diary: You break it, you buy it

17 Oct 2022 - All eyes are on China this week, not only for Xi Jinping’s ascension to his third term as President, but also to another set of economic figures that will confirm its…

Monday market minutes: Chasing one's tail

17 Oct 2022 - Another big selloff is on the cards for the ASX today after Australian investors got the timing wrong again on Friday with a 1.75% or 116-point jump in response to Wa…

Sleepless nights for rivals after Philips warning

17 Oct 2022 - A warning for Resmed and Fisher and Paykel Healthcare (FPH) from their big Dutch rival Philips, now a health technology company and not into lighting and bulbs.

Register move threatens to destabilise Vale

15 Oct 2022 - Brazilian iron ore exporter Vale could be facing a period of turmoil with a new player muscling its way on to the giant’s share register – a move that may prove immen…

A leisurely drive around the EV space

15 Oct 2022 - Benchmark Mineral Intelligence reports lithium prices in China reached new highs this week as sales of new energy vehicles across the country last month also hit an a…

Oz job market too strong for our own good

14 Oct 2022 - Depending on where you are in the economy, the monthly update on jobs and wages from the Australian Bureau of Statistics on Thursday had bad and worse news, at least …

Trading Tidbits: GAL, ARV

14 Oct 2022 - Galileo Mining (ASX:GAL) continues to tantalise investors with hints of new mineral finds of interest at its Callisto prospect in the Norseman project in the WA goldf…

Elmo shares catch fire on takeover talk

14 Oct 2022 - Shares in Elmo Software (ASX:ELO) jumped more than 30% on Thursday after the company confirmed that it had a parade of suitors sniffing around, including the private …

QAN hits cruising altitude after recent grounding

14 Oct 2022 - Qantas (ASX:QAN) shares have soared to their highest levels since the start of the COVID-19 pandemic in early 2020 after the airline confirmed that it was heading for…

Stock Snippets: CRN, CSL

13 Oct 2022 - Australian coal miner Coronado Global Resources (ASX:CRN) is in possible takeover talks with Peabody Energy Corp, the big US / Australian coal miner and exporter rega…

Lack of bad news good News for BoQ

13 Oct 2022 - Investors pushed Bank of Queensland (ASX:BOQ) shares sharply higher yesterday in the wake of the bank’s release of its 2021-22 annual results that seem not to have co…

Oz miners still all the rage with EV makers

13 Oct 2022 - US auto giant General Motors has joined the likes of Ford, Toyota and Tesla in striking deals with Australian producers of key renewable metals.