Same as it Ever Was as ANZ Rebounds
ANZ has joined Westpac in lifting earnings and dividend for the six months to March 31 as the economy and lending in particular recovers from 2020’s pandemic driven lockdowns.
Read MoreANZ has joined Westpac in lifting earnings and dividend for the six months to March 31 as the economy and lending in particular recovers from 2020’s pandemic driven lockdowns.
Read MoreThe Dow Jones index rose by 20 points or 0.1%. But the S&P 500 index lost 0.7% and the Nasdaq index dropped 262 points or 1.9%.
Read MoreAnother solid sales update from Super Retail Group as Australians continue to fiddle with their cars, get outside for a bit of exercise, boating or fishing, while wearing a nice pair of boots.
Read MoreThe RBA will keep the key cash rate steady but has started moving to cut the size of its support packages to accommodate the strengthening economy.
Read MoreRecruitment group Seek has confirmed the long-awaited bonus dividend for shareholders and upgraded its outlook based on the performance of its Australasian job ads businesses.
Read MoreRecovering global economies have raised the spectre of higher inflation down the track. Trent Koch from First Sentier Investors looks at how such an environment could affect listed infrastructure assets.
Read MoreFrank Uhlenbruch, Investment Strategist in the Janus Henderson Australian Fixed Interest team, provides his Australian economic analysis and market outlook.
Read MoreEnergy group AGL is still heading for splittsvile despite losing its CEO last month, a departure that saw some analysts claim that the division of the company might not happen.
Read MoreLife after China continues for Treasury Wine Estates which is continuing to push deeper in the huge US market despite its disappointments there in the past decade or more.
Read MoreAussie shares have closed higher for a second day in a row. The ASX 200 rose 39pts or 0.56% to 7,068 as energy and mining stocks outperformed. Gold miners were some of the big winners for the day. Tech was again the major laggard.
Read MoreCharter Hall has made a habit of upgrading guidance then beating this at the result. Now, FY21 has been upgraded for the third time.
Read MoreBell Potter analyst Hayden Nicholson updates developments in the LIC market. This week: Bailador validates PE valuations
Read MoreThomas Rice, portfolio manager for the Perpetual Global Innovation Share Fund provides his regular wrap of technology, innovation, and finance news.
Read MoreASX200 up 21 points (0.3%) to 7050. Nine Entertainment (+0.7%); 3Q ad revenue grew by 6% yoy. Expects costs to fall 3% yoy. Stan Sports subscribers approaching 150,000.
Read MoreThe biggest question in global business has been settled – who will replace Warren Buffett at the head of Berkshire Hathaway.
Read MoreThe Dow Jones index rose by 238 points or 0.7%. The S&P 500 index gained 0.3%, but the Nasdaq index dropped 67.5 points or 0.5%.
Read MoreAmid the massive boom in Listed Investment Companies (LICs) and Trusts (LITs) over recent years, there’s a lot to be said about the advantages of a ‘traditional’ LIC, such as AFIC.
Read MoreKerry Stokes’ 40% owned Seven West Media has issued a cautious upgrade to its March quarter trading performance while confirming revenue deals with Google and Facebook.
Read MoreSuddenly Kerry Stokes has a problem in his business empire that won’t be cheap to fix, involving Seven Group Holdings’ 30+% stake in Aussie oil and gas explorer Beach Energy.
Read MoreWestpac shares hit their highest level in 16 months on Monday thanks to a big tick of approval from investors for a better-than-expected interim result and dividend payout.
Read MoreThe surge in house prices slowed a touch in April but still enjoyed a nice national rise, while Australian manufacturing activity rose to record levels.
Read MoreAustralia is deep into a commodity price supercycle thanks to continued strength in the prices of iron ore, oil and LNG, copper, and other key rural commodities.
Read MorePremier Investment’s majority shareholder Solomon Lew has reversed his contentious decision not repay $15.6 million in government JobKeeper subsidies.
Read MoreIn what was a rather flat day to start the week and month,. the major banks were the big improvers led by Westpac (WBC), which impressed investors with its first half profit results. Technology and resources weighed most as most sectors fell.
Read MoreThe Australian sharemarket is edging higher at lunch, with the ASX 200 up by ~0.3%. Westpac is lifting by around 4% and handed down a $3.5bn cash profit for the first half.
Read MoreIn his weekly Bites column, David Bassanese from BetaShares gives us a rundown of what’s happening in markets, both local and global.
Read MoreASX200 up 37 points (0.5%) to 7060. Premier Investments (-1.6%); will repay $15m in JobKeeper funds and is confident it will meet market consensus for FY21.
Read MorePresenter – Glenn Widdon – Chairman – The principal activity of Calima is investing in oil and gas exploration and production projects internationally.
Read MoreCatch up on the full webinar with a keynote presentation from Investors Mutual Limited, Camila Energy (CE1), TNG Limited (TNG), Pearl Global Limited (PG1), Nova Minerals (NVA)
Read MoreSimon Conn Co-Portfolio Manager for QV Equities (ASX:QVE) discusses why investing on the basis of fundamentals is returning to favour, and which companies in the QVE portfolio are benefitting from this renewed focus on fundamentals.
Read MorePresenter – Christopher Gerteisen – Executive Director & CEO – Nova Minerals Limited is a company that combines exploration, entrepreneurship with a focus on growth to create long-term value for shareholders and stakeholders.
Read MorePresenter – Gary Foster – Executive Chairman – Pearl Global Limited clean conversion company with exclusive worldwide patents that convert end of life tyres into sustainable, clean energy and high value raw materials.
Read MoreWestpac is paying an interim dividend of 58 cents a share after revealing a solid rebound in earnings for the six months to March 31 from the depressed 2019-20 year.
Read More‘Sell in May and Go Away’, is a famous market adage with the underlying message being take your profits at the start of the warmer months and see what happens. Will that play out this year?
Read MoreThe local economy moves further into centre stage ahead of the federal budget tomorrow week, China is showing more signs of slowdown, and Europe has dipped into recession.
Read MoreThe US jobs figure for April dominates data this week, but there are also some important central bank meetings, Chinese trade figures, and global manufacturing surveys.
Read MoreIn perhaps the best sign so far this US reporting season of the growing recovery in the US economy, Warren Buffett’s Berkshire Hathaway saw a strong rebound in its March quarter operating earnings.
Read MoreApril was a very good month for commodities, even though the final day of the period – Friday, April 30 – wasn’t so good with small falls across the board. Once again, iron ore starred.
Read MoreThe US March quarter earnings reporting season slows this week, with around 40% of the companies on the S&P 500 still to report from this week onwards.
Read MoreRandal Jenneke, head of Australian equities and portfolio manager for the T. Rowe Price Australian Equity Fund, recaps the March quarter and looks ahead to the rest of 2021.
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