The Australian market ended the day lower with Tech leading the way down. In company news, Premier Investments (ASX:PMV) Chairman Solomon Lew flagged that the spin-off of star brands is well under way, with a demerger of the children’s stationery china Smiggle due by the end of January 2025. Lew also said that the company […]
Tech stocks tip the market into negative territory Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses lasting impacts from COVID. Key pointsSeven key lasting impacts from the Coronavirus pandemic are: “bigger” government; tighter labour markets; reduced globalisation and increased geopolitical tensions; higher inflation; worse housing affordability; working from home; and a faster embrace of technology.On balance these make
Seven lasting impacts from the COVID pandemic Read More »
IRIS Metals (ASX:IR1) has received the next batch of results from the ongoing diamond drilling program from the 100% owned Beecher Project. The results have continued to impress, with additional wide and high-grade lithium intersected at Longview and high-grade zones at the Black Diamond, both located within the Beecher Project. IR1 Technical Director Chris Connell, commented:
Stocks of the Hour: IRIS Metals, Centaurus Metals, Titomic Read More »
The Australian market took its lead from the US market overnight and drifted into negative territory. The S&P/ASX 200 was trading 0.2 per cent lower as we approached midday, with IT & Communication Services the worst performing sectors down over 1 per cent each. The best performing sector was Energy trading up close to 1
Tech & Property lead the Australian market lower Read More »
The Kerry Stokes-controlled Seven Group Holdings has strongly rejected the rejection of its takeover bid for the minorities of Boral by the independent directors of the building products company. In a reply to the rejection a week ago of their offer by independent directors of Boral, the Stokes company accused the independent expert (Grant Samuel)
Kerry Stokes’ Seven Group Holdings Rebuts Boral’s Rejection Read More »
Boeing’s board has finally tried to assert its authority in its continuing quality control problems and dud machinery by forcing CEO Dave Calhoun to leave the company. It will be a long goodbye for the man who took control in 2019 – after the two 737 Maxx crashes took the lives of 319 people in
Boeing starts management overhaul as CEO departs Read More »
US markets finally took a breather as the Easter break will mean a shorter and quieter trading week. The Dow Jones fell 0.4 per cent. The S&P 500 closed down 0.3 per cent and the Nasdaq Composite finished the day down 0.3 per cent. Turning to US sectors, Industrials and Technology were the worst performers
US markets take a breather from record run Read More »
Altech Batteries Limited (ASX:ATC) Managing Director Iggy Tan provides an update on the company, discussing funding pathways and the results of the DFS. Paul Sanger: I’m Paul Sanger for the Finance News Network and today I’m talking to Altech Batteries (ASX:ATC). Altech Batteries trading under the ASX code “ATC”, with a market capitalisation of around
Sodium nickel chloride – the alternative to lithium batteries Read More »
The S&P/ASX 200 pushed above 7800 with new highs in sight. All ASX Sectors except Consumer Discretionary finished the day in the green with Property the best performer closing up almost 2% and Energy finishing up 1.2%. The S&P/ASX 200 finished the day 0.6 per cent higher at 7816 . In the energy sector the
ASX closes above 7800 level and approaches record high Read More »
Immutep Limited (ASX:IMM) CEO and Executive Director Marc Voigt provides an update on the company’s pipeline of clinical trials, focusing on results in head and neck cancer, lung cancer and breast cancer. Manny Anton: Hello. I’m Manny Anton from the Finance News Network, and today we’re talking to Immutep (ASX:IMM). Immutep is a leading biotechnology
Encouraging results for Immutep’s cancer therapies Read More »
