Reality struck Wall Street on Friday from various directions, setting up a nasty opening for the ASX this morning. Friday night’s share price futures platform had the ASX 200 staring at a 50-point loss when trading resumes this morning. That was after the ASX 200 Index dropped 25.5 points, or 0.3%, to 7788.1 at the […]
Reality strikes Wall Street Read More »
Concerns have risen after the Iranian retaliation against Israel and weaker than expected bank earnings overshadowed US markets on Friday. The Dow Jones closed down 1.24 per cent, the S&P 500 fell 1.46 per cent and the Nasdaq finished down 1.62 per cent for the day. On a weekly measure the S&P 500 gave up
Geopolitical concerns weigh heavily on US markets Read More »
It’s goodbye, Boral (ASX:BLD), as the company’s briefly rebellious independent directors accept a remade offer from Seven Group Holdings, the largest shareholder. Boral’s independent directors had rejected the complex Seven Group (ASX:SVW) offer, holding out for more money and using an independent expert’s report to justify their stance. On Friday, their resistance worked, and the
A significant week awaits Tesla as the company prepares to unveil its quarterly financials on Wednesday, potentially mirroring the outcomes of the same quarter in 2023. In the first quarter of 2022, revenue surged by 24% to $US23.3 billion, with $US19.6 billion stemming from automotive sales, marking an 18% increase. However, earnings took a hit,
Tesla prepares to unveil quarterly financials Read More »
A respected industry forecaster has strongly suggested that peak steel demand in China may have already occurred. The World Steel Association (WSA), comprising the top 71 steelmakers globally, predicts that Chinese steel demand could decline from 2025 onwards, impacting Australian investors due to the country’s reliance on iron ore exports to China. While global steel
Steel summit: A forecaster’s alert for Australian investors Read More »
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 Shares had another rough ride over the last week as higher than expected US
Moody’s gave Ansell (ASX:ANN) approval this week following the company’s proposed $641 million acquisition of Kimberley-Clark’s PPE business. To finance the acquisition, Ansell swiftly raised $400 million, benefiting from a recent scarcity of major fundraisings among highly-rated industrials, with healthy cash flows. Moody’s considers Ansell’s funding structure, comprising 40% equity and 60% debt, as “credit
Moody’s gives Ansell acquisition a thumbs up Read More »
Gavin Rutherford – General Manager – Western Yilgarn (ASX:WYX) is an early-stage mineral exploration company, engaged in the evaluation and development of highly prospective projects across WA.
Western Yilgarn (ASX:WYX) – Webinar Presentation Read More »
Jonathan Shellabear – Managing Director and CEO – Nico Resources (ASX:NC1) is focused on the Wingellina project, which is a development-ready, large-resource project, with a demonstrated ability to produce nickel and cobalt sulphates, sulphides and hydroxides.
Nico Resources (ASX:NC1) – Webinar Presentation Read More »
Dr Leearne Hinch – CEO – INOVIQ (ASX:IIQ) is developing and commercialising a portfolio of diagnostic and exosome-based products for the earlier detection, diagnosis, prognosis and monitoring of cancer and other diseases.
INOVIQ (ASX:IIQ) – Webinar Presentation Read More »
