February 14, 2024

Telstra (ASX:TLS) shareholders will receive a better-than-inflation 5.9% increase in interim dividends to 9 cents per share, despite the telecommunications company acknowledging the need for work on issues within its key NAS (network applications and services) division. In an early Thursday morning announcement to the ASX, Telstra revealed ongoing challenges with its NAS business, prompting […]

It is, in fact, the third deal if you go back to the Genesis (ASX:GMD) bid for the Leonora-based assets of St Barbara in late 2022 and early 2023 that Silver Lake (ASX:SLR) tried to gazump without success. Like the Red 5-Silver Lake deal, the marriage of Horizon Minerals (ASX:HRZ) and Greenstone Resources (ASX:GSR) is

In a strategic move reflecting its formidable financial position, Barrick Gold, the world’s second-largest gold miner, has announced a buyback program worth $US1 billion. This initiative comes on the heels of the company’s recent operational performance, which showcased notable growth in quarterly production figures. According to the latest reports, Barrick’s gold production surged by 1.4%

The S&P 500 rose Wednesday as Wall Street tried to claw back some of the steep losses suffered in the previous session. The S&P 500 advanced 0.96 per cent to finish at 5,000.62, while the Nasdaq Composite climbed 1.3 per cent to settle at 15,859.15. The Dow Jones Industrial Average added 151.52 points, or 0.4

The Australian sharemarket saw a 0.7 per cent decline, with the S&P/ASX 200 index dropping 55.9 points at closing, primarily due to dashed hopes of an immediate rate cut by central banks triggered by a hotter-than-expected United States CPI result. This sell-off, heavily influenced by major bank losses, reflects uncertainties regarding when central banks will

Fletcher Building (ASX:FBU) shares dropped another 7% on Wednesday after hours of confusion about whether it should trade during a market briefing. The halt occurred in New Zealand, and by 10:42 a.m. Sydney time, the company was back on the boards, with the share price sliding lower. That was after the NZ-based company announced a

The Australian sharemarket saw a 0.7 per cent decline, with the S&P/ASX 200 index dropping 55.9 points at closing, primarily due to dashed hopes of an immediate rate cut by central banks triggered by a hotter-than-expected United States CPI result. This sell-off, heavily influenced by major bank losses, reflects uncertainties regarding when central banks will

Companies discussed include: HUB24 (ASX:HUB)The a2 Milk Company (ASX:A2M)

Western Yilgarn Limited (ASX:WYX) General Manager Gavin Rutherford provides an introduction to the company, discussing its highly prospective nickle and platinum group elements tenements in Western Australia. Paul Sanger: I am Paul Sanger for the Finance News Network, and today I’m talking to resources company Western Yilgarn (ASX:WYX), and they have a market cap of around

Another interim dividend for shareholders in Evolution Mining (ASX:EVN) after a modest result for the six months to December, highlighted by the consolidation of its position in the growing central NSW gold and copper province. Evolution bought 80% of the Northparkes copper and gold mine to go with its much larger Lake Cowal operation in