October 2023

Computershare (ASX:CXU) has concluded that the US mortgage servicing business is not the gold mine that the company once thought. Computershare entered the loan-servicing market with the purchase of Specialized Loan Servicing in the US in 2011 and has added to the business with a couple of add-on purchases. However, on Tuesday, it revealed it […]

Chris Langford, Managing Director of Newmark Property REIT (ASX:NPR), discusses FY23 results and acquisitions. Peter Milios: We are talking today with Newmark Capital. Established in 2011, Newmark is a property funds management group which places a strong emphasis on real estate fundamentals. We welcome back to the network Chris Langford. Chris, thanks for your time. Chris

For the second time in a week, Gina Rinehart has increased her stake in the lithium mine developer, Liontown Resources (ASX:LTR), as her Hancock Prospecting company intensifies its scrutiny of the Kathleen Valley mine’s construction in Western Australia, along with the project’s escalating costs. On the final trading day of the month and quarter, Hancock

The Dow Jones Industrial Average was lower Monday even after US legislators were able to come to a short-term agreement that staved off a government shutdown. The 30-stock Dow declined 74.15 points, or 0.22 per cent, to 33,433.35. The S&P 500 inched higher by 0.01 per cent to close at 4,288.39. The Nasdaq Composite added

Tesla is poised for another record-breaking sales performance in 2023, despite a noticeable slowdown in deliveries during the three months ending on September 30. Tesla reported shipping 435,059 cars worldwide in the third quarter, marking its first drop in deliveries in over a year due to factory shutdowns. This figure fell short of expectations, as

De Grey Mining’s (ASX:DEG) ambitious plans for a company-changing $300 million capital raising have been successful, with the would-be gold miner revealing that it had secured commitments for the full amount (before costs). In a filing with the ASX on a holiday Monday in many states, De Grey stated that it had received firm commitments

Galileo Mining (ASX:GAL) has joined Chalice Mining (ASX:CHN) in outlining a new style of metal deposit in Western Australia, featuring areas of mineralisation with a significant presence of precious industrial metals such as palladium and platinum, along with gold, copper, and nickel. Although Callisto is smaller in scale compared to Chalice’s Gonneville find, Galileo expresses

On Monday, an announcement delivered either good or bad news for Appen (ASX:APX), the struggling tech AI group. The final payment for Appen’s 2021 acquisition of Quadrant Global Pte Ltd is now expected to be lower than initially forecasted, impacting Appen’s working capital facility. Since this final payment is referred to as an ‘earn-out’ payment,

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Global share markets fell again over the last week as bond yields rose further