March 2024

The share price performance by listed Sydney real estate operator John McGrath tells us one simple point – as a float its been a complete dud. It listed in 2o15 in a previous home buying boomlet at $2.10 a share and on Monday it revealed a possible buyout at 60 cents a share. That $1.50 […]

NZ-based Fletcher Building will move to an acting CEO after what appears to be a change in plan about the incumbent CEO, Ross Taylor. In the original February announcement, Taylor was prepared to serve for a further six months, if needed after announcing his decision to retire. As the company explained in the statement: “An

It’s a factoid that means little, but tells a big, big story about the direction of investing in the global tech giants. The story is about three of the so-called Mag 7 stocks (Apple, Microsoft and Tesla). Apple shares are down 7% this year as at Friday’s close which has seen it cede the title

Wall Street heads into the short trading week ahead of the long Easter break – and the final four trading sessions of the first quarter of 2024, with traders eyeing the 40,000 mark for the Dow That was after the Dow slipped on Friday, but clinched its best week of the year after back-to-back record-setting

Star Group shares closed up 2.8% in Friday’s weak market – a gain was made to look passing strange later on when news broke after 6pm that there had been a clean out at the top of the embattled casino operator. The CEO, the Chief Financial Officer and the company’s chief customer officer have or

The S&P/ASX 200 opened in positive territory and continued to push higher during the morning session led by mining and energy names. The S&P/ASX 200 was 0.7 per cent higher as the market approached midday. The SPI futures are pointing to a rise of 91 points. Materials, Metals & Mining and Energy names were the

Paul Sanger: I’m Paul Sanger for the Finance News Network, and today I’m talking to Clean TeQ Water. Clean TeQ Water, trading under the ASX code CNQ with a market cap of 25 million, is a global technology leader specializing in providing economic and environmentally sustainable solutions to address critical issues related to fresh water scarcity,

Investment markets and key developments over the past weekUS, European and Japanese shares rose to new record highs over the last week helped by solid economic data, further falls in inflation in various countries and further indications that major central banks are heading towards interest rate cuts this year. For the week US shares gained

EV Resources (ASX:EVR) announced the results from its first hole drilled at the high grade Parag copper-molybdenum project in Peru. The first hole at Parag has assayed 332 metres at 1.36% Copper equivalent (CuEq), with intersections including 44 metres at 2.18% grading. Assays are awaited on the remaining 144 metres of the hole which was

While iron ore prices bounced back last week from their multi-month lows the week before, Australian coking coal pricing took a real hammering on the SGX commodities platform in Singapore. The front month for 62% fines jumped to $US108.50 by Friday, recovering from the previous Friday’s close of $US99.51 a tonne – an 8 month