Metcash (ASX:MTS), the supermarkets, hardware, and liquor group, has reduced its interim dividend for the six months ending on October 31 due to a noticeable slowdown in earnings growth. The company announced on Monday that shareholders will receive 11 cents per share as the interim dividend, down from 11.5 cents a year ago and equal […]
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Global semiconductor developer BluGlass (ASX:BLG) has signed a US$1.775M (AU$2.6M) contract with North Carolina State University (NCSU) for laser development activity in FY24. BluGlass CEO Jim Haden said, “We are thrilled to have secured our first contract as part of the CLAWS Hub, where we will be collaborating with recognised industry leaders to develop and
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04 Dec 2023 – A snapshot of the stocks on the move, featuring BluGlass (ASX:BLG), Liontown Resources (ASX:LTR), Noble Helium (ASX:NHE) and Empire Energy (ASX:EEG).
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At noon, the S&P/ASX 200 is 1.28 per cent higher at 7,163.40, following the upward movement seen on Wall Street. This uptick in market performance coincides with increasing speculation that global central banks have concluded their efforts to raise interest rates. The SPI futures are pointing to a rise of 86 points. Best and worst
In a surprising announcement, New Zealand-based insurer Tower has declared a strategic review of its ownership structure. The announcement came as a surprise because just 11 days ago, there were no indications of such a review or the need for it in the insurer’s 2022-23 annual results. These results were dominated by the adverse financial
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