The embattled Sydney-based casino operator, Star (ASX:SGR), has successfully convinced investors to contribute hundreds of millions of dollars for the second time this year, in a desperate attempt to keep the business afloat. After raising $800 million from shareholders in February, the struggling casino operator sought another $750 million in an equity offering at 60 […]
Star secures $1.2 billion in desperate bid to survive Read More »
27 Sep 2023 – A snapshot of the stocks on the move, featuring Tamboran Resources (ASX:TBN), NOVONIX (ASX:NVX) and ABx Group (ASX:ABX).
Stocks of the Hour: Tamboran Resources, NOVONIX, ABx Group Read More »
Geoff Selig, Executive Chairman of IVE Group Limited (ASX:IGL), discusses FY23 results and the acquisition of Ovato. Paul Sanger: Hi, I’m Paul Sanger for the Finance News Network, and today we’re talking to IVE Group. ASX code IGL, and they have a market cap of around 400 million. With annual revenue of just under 1 billion,
IVE Group (ASX:IGL) thrives after Ovato acquisition Read More »
Tamboran Resources (ASX:TBN) has increased the Beetaloo Basin 2C gas resources to 2.0 trillion cubic feet. The EP 136 unrisked 1C contingent gas resources increased to 116 billion cubic feet (BCF) and the unrisked 2C contingent gas resources increase to 406 BCF. NOVONIX (ASX:NVX) has received up to US2.2 million from the Government of Canada
Stocks of the Hour: Tamboran Resources, NOVONIX, ABx Group Read More »
The monthly consumer price index in Australia increased to 5.2% for the 12 months ending in August, up from 4.9% in July, according to the Australian Bureau of Statistics, matching market expectations. The main factors contributing to this rise were housing, transport, food, non-alcoholic beverages, and insurance and financial services. When volatile items like fuel
ASX down 0.22% at noon: CPI increases to 5.2% in August Read More »
America’s Federal Trade Commission (FTC) and 17 states are suing Amazon over allegations that the e-commerce giant abuses its marketplace dominance to inflate prices both on and off its platform, overcharge sellers, and stifle competition. The lawsuit was filed on Tuesday in federal court in Amazon’s home state of Washington and is the result of
Amazon faces major antitrust lawsuit in the US Read More »
Executive Directors Sam Beaton and Leandro Ravetti from Cobram Estate Olives (ASX:CBO) discuss the company’s FY23 full year results. Paul Sanger: We are talking today with Cobram Estate Olives (ASX:CBO). CBO has a market cap of around $550m. CBO is Australia’s largest vertically integrated olive farmer and marketer of premium quality extra virgin oil, and is
Cobram Estate Olives (ASX:CBO) FY23 full year results Read More »
27 Sep 2023 – The Dow Jones Industrial Average fell Tuesday after the latest home sales and consumer confidence reports stoked concern over the state of the US economy.
US markets slide on new home sales and consumer confidence data Read More »
The Dow Jones Industrial Average fell Tuesday after the latest home sales and consumer confidence reports stoked concern over the state of the US economy. August new home sales missed expectations. Homes under contract totaled 675,000 for the month, down 8.7 per cent from July, according to the Commerce Department. Economists polled by Dow Jones
US markets slide on new home sales and consumer confidence data Read More »
The cleanup and rehabilitation of the Ranger uranium mine in the Northern Territory serve as a stark reminder that nuclear power is not as clean as its proponents claim. Similar to coal mining, uranium mining leaves significant holes in the ground. However, the cleanup and rehabilitation of uranium mines come with added complexities and costs,
Nuclear not as clean as proponents claim Read More »
