The oil and gas boom has waned for Santos (ASX:STO) in the six months to June 30, with lower production, prices, revenue, and earnings. Despite this, shareholders will likely be pleased with a record interim dividend of 13 US cents per share, up 49%. This announcement comes amid ongoing bid talk in the market, where […]
Can Santos weather the storm? Read More »
Insurance Australia Group (ASX:IAG) reported a significant increase in full-year earnings and shareholder returns for the 12 months ending June 30. The company also announced a $350 million share buyback. Cash earnings nearly doubled to $905 million, up from $452 million a year ago. This was primarily due to reduced natural catastrophes and continued premium
IAG rewards shareholders with $350 million buyback Read More »
To register for Friday’s webinar click here. Dundas Minerals (ASX:DUN) has confirmed a high grade gold intercept at the Windanya and Baden-Powell projects, located adjacent the Goldfields Highway ~60km north of Kalgoorlie, Western Australia. The results include 9.5 g/t Au (depths between 146m – 147m). Shares are trading 125 per cent higher at 5.4 cents.
Stocks of the Hour: Dundas Minerals, Antilles Gold, MTM Critical Metals Read More »
Australian shares experienced a minor pullback on Wednesday, mirroring a similar trend in overseas markets. Investors carefully analysed a flurry of corporate earnings reports, marking the busiest day of the earnings season so far. At 11:35am, the S&P/ASX 200 is 0.49 per cent lower at 7958.90. Notable movers included Brambles, Charter Hall, Breville, Santos, Domino’s
ASX down 0.49% near noon: More corporate earnings come through Read More »
EBOS Group (ASX:EBO), the New Zealand-based healthcare and pet products company, is moving forward with renewed confidence after a successful year. Despite a failed attempt to acquire Greencross in late 2023, EBOS has reported record sales and profits for the year ending June 30. The company’s statutory net profit increased due to strong sales, which
Future bright for EBOS despite setbacks Read More »
It was always going to be a significant loss for Fletcher Building (ASX:FBU) for the year ending June 30. The departure of the CEO, chair, and other directors and managers is a strong indication that the results will be worse than initially anticipated. Therefore, there will be no dividend for the year ending June 30,
Fletcher Building struggles amidst economic pressures Read More »
