May 2024

Fonterra (ASX:FSF), the huge New Zealand-based dairy giant, might be on the retreat globally with a string of asset sales, but as far as the immediate outlook is concerned, it’s quite upbeat. Wednesday saw it reveal a slightly higher first estimate of its key farmgate milk price for the coming season, lift its earnings forecast […]

Blair Kirkhope, Head of Sequoia Specialist Investments Pty Ltd (”SSI”) Blair has over 22 years of financial markets experience and has been running SSI, one of Australia’s leading issuers of structured products and a wholly owned subsidiary of the Sequoia Financial Group Ltd (ASX:SEQ), since October 2017. Based on Blair’s extensive knowledge of various quantitative

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the US election. Key pointsThe run up to the 5th November US election could see increased share market volatility if Trump remains ahead and investors focus on the risks of a new trade war and a hit to the US labour force

Desoto Resources (ASX:DES) acquires the Spectrum Project, a high-grade REE project in the Pine Creek region of the Northern Territory. The Project also contains a large 2km by 0.5km untested strong semi-coincident Copper-Lead Zinc geochemical and geophysical anomaly. Shares are trading 77.63 per cent higher at 13.5 cents. OD6 Metals (ASX:OD6) announced a Mineral Resource

Australian shares fell to a three-week low, reflecting weakness in New York, as investors awaited local inflation data for clues on interest rates. Mining giants, including BHP, Fortescue, and Rio Tinto, weakened following a decline in iron ore futures in Singapore overnight. At 11:35am, the S&P/ASX 200 is 0.94 per cent lower at 7,693.80. The

Companies discussed include: – Xero Ltd (ASX:XRO)– Propel Funeral Partners (ASX:PFP)– Viking Holdings (ASX:VIK)

Struggling rural print and digital media group Australian Community Media has made a second attempt in six months to interest struggling radio and regional TV group Southern Cross Media Group (ASX:SXL) in an asset deal. According to a Tuesday statement from Southern Cross, ACM has offered assets including 14 daily print and digital news publications,

Upon entering the port of Algeciras at Spain’s southernmost tip, the facility’s busyness is unmistakable. Nearly all cranes at the port’s two container terminals are in operation, moving containers on and off ships. Alonso Luque, CEO of TTI Algeciras, notes that they’ve had to turn away many requests for extra cargo due to limited capacity.

Australia finds itself at a pivotal juncture where the burgeoning demands of AI intersect with the nation’s energy infrastructure. Data centres, often referred to as “AI factories,” are at the heart of this convergence, exerting significant pressure on the national power grid. With an estimated 5% of the country’s electricity already consumed by these digital

A slightly higher dividend was announced for its 2023-24 financial year, along with expectations for a slightly better result in 2024-25, by New Zealand-based Fisher & Paykel Healthcare Corporation (ASX:FPH) on Wednesday. The company stated it will pay a final dividend of 23.5 NZ cents per share, up half a cent from 2022-23. This brings