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.

Market Murmurs: SWM, SEK, GMG

17 Aug 2022 - Another busy ASX trading session on Tuesday with news aplenty, and here’s the latest from Kerry Stokes’ Seven West Media (ASX:SWM), HR firm Seek Ltd (ASX:SEK) and log…

Little going right for Challenger as shares fall 10%

17 Aug 2022 - Challenger (ASX:CGF) had nowhere to turn yesterday as its annual profit took a huge hit from the June half year slide in markets, while its $35 million adventure into…

Coal division powers BHP to record payout

17 Aug 2022 - BHP (ASX:BHP) shareholders can thank the great global coal price boom – especially thermal coal – for the largesse of record dividends for the year to June.

Rio no lamb when it comes to Mongolian interests

17 Aug 2022 - Rio Tinto (ASX:RIO) seems to be willing to wait out the recalcitrant minority shareholders in Turquoise Hill who have rejected its $C34 a share, $$US2.7 billion offer…

TPW's designs on the future intact despite headwinds

16 Aug 2022 - Online furniture and homewares group Temple & Webster (ASX:TPW) ran into some headwinds in the year to June just as the company was expanding other parts of its busin…

Continued strength for BHP a boon for shareholders

16 Aug 2022 - BHP (ASX:BHP) will pay record full year dividends after reporting the second-biggest profit in the company’s history in the year to June 30.

Having conquered Oz, JB HiFi takes on New Zealand

16 Aug 2022 - Is the move by consumer electronics and whitegoods retailer giant, JB Hi Fi (ASX:JBH) to go against the grain and spend the next three years upgrading and expanding i…

Crunch time for Rio with Turquoise Hill

16 Aug 2022 - Rio Tinto (ASX:RIO) has a tough decision to make – if it really wants to control all of the 66% non-government stake in the huge Oyu Tolgoi copper gold mine in Mongol…

Bourse Discourse: ARG, BEN, BPT

16 Aug 2022 - Even with market sentiment having improved a bit, the pressure on companies to deliver this reporting season is higher than ever. While LIC Argo Investments (ASX:ARG)…

Chinese economy takes another turn for the worse

16 Aug 2022 - Confirmation that for all his blustering over Taiwan, Covid, corruption and a new way of living, China’s President Xi Jinping is presiding over an economy that is sli…

Record result for BlueScope but future murky

15 Aug 2022 - While BlueScope Steel has met guidance with a record result for the year to June of $2.81 billion, investors will not like the near 70% slide in the company’s Decembe…

Monday Market Minutes: Not drowning, waving

15 Aug 2022 - Global equity markets rose strongly on Friday while US Treasury bond yields fell as investors continued to bet on interest rates not rising as much as previously fear…

Diary: Reasons to be cheerful, part 3

15 Aug 2022 - As markets eye higher levels in the coming week, the data flow will be less stressful than we have seen in recent weeks in most major economies but there will still b…

Commodities Corner: Rust never sleeps

15 Aug 2022 - With the notable exception of iron ore, commodities had a solid end to a positive week as market fears eased over the pace of inflation and central bank interest rate…

Earnings Round-Up: Time for a cool change

15 Aug 2022 - A big test of the recovery in local investor sentiment and confidence looms in the form of the June half Australian earnings reporting season, which hits full pace th…

New US legislation a game-changer for renewables

15 Aug 2022 - Those chasing rewards from renewables such as lithium aren’t quite sure what to make of the latest US legislation called The Inflation Reduction Act of 2022 – other t…

Climate change no chump change for insurers

15 Aug 2022 - Climate change played a key role in the heavy rain and floods in southeast Queensland and along the NSW coast earlier this year which ended up being the world’s most …

Yet more blood on the crypto tracks

15 Aug 2022 - More red ink in the crypto world, this time one of the more established names – Coinbase, which this week revealed a $US2.69 billion plunge from a profit in June 2021…

Moody's a big fan of BHP's OZ moves

15 Aug 2022 - Moody’s certainly likes BHP’s appetite for OZ Minerals and the benefits it sees the deal bringing to the world’s biggest (but slimming) resources company).

Mirvac looking to build on decent year

12 Aug 2022 - Securities in property manager and investment group Mirvac (ASX:MGR) jumped nearly 4% on Thursday after it revealed a better-than-expected net result for the year to …

QBE thinking the worst is behind it

12 Aug 2022 - QBE (ASX:QBE) has upgraded its insurance outlook for the rest of 2022 despite being hit with a hefty drop in profits due largely to falls in investment markets in the…

AMP carrot bigger than its stick

12 Aug 2022 - AMP (ASX:AMP) reported a 24.5% slump in half-year profit but will throw a $1.1 billion capital return the way of its patient but long-suffering shareholders.

First payout lift in seven years for Telstra

12 Aug 2022 - Full year profits at Telstra (ASX:TLS) fell 4.6% to $1.81 billion for the year to June, with the company lifting its final dividend for the first time in seven years …

All wheat and no chaff for GrainCorp

11 Aug 2022 - Shares in GrainCorp (ASX:GNC) jumped yesterday after the company again upgraded earnings guidance for its year to September 2022 results.

Market takes the long stick to St Barbara

11 Aug 2022 - The St Barbara (ASX:SBM) shares were the worst performed among ASX 200 stocks yesterday after the company produced what amounted to a negative downgrade of its outloo…