October 21, 2024

The Dow Jones Industrial Average declined on Monday, giving back some of last week’s strong gains as Treasury yields rose and investors anticipated upcoming earnings reports. The S&P 500 dipped 0.18 per cent to close at 5,853.98. The 30-stock Dow fell 344.31 points, or 0.8 per cent, finishing at 42,931.60, ending a three-day winning streak. […]

Atturra (ASX:ATA), an advisory and technology services firm, reported impressive revenue growth of 36% for FY24, reaching $243.4 million, as highlighted at its Annual General Meeting on 21 October 2024. This growth was bolstered by acquisitions in managed services and HR solutions, which have further diversified the company’s revenue streams. Underlying EBITDA increased by 21%

Generation Development Group (ASX:GDG) has started the 2025 financial year with significant growth, as detailed in their September quarter update. The company’s funds under management (FUM) surged by 33% compared to the same period last year, reaching $3.6 billion. This impressive rise was driven by increased inflows into investment bonds, which hit $209 million for

Volkswagen Finance has been fined £5.4 million by the UK’s Financial Conduct Authority (FCA) for failing to treat customers fairly.  The fine stems from the company’s breach of key regulatory requirements. Between 2017 and 2020, Volkswagen Finance failed to apply stringent affordability checks to ensure that borrowers were capable of meeting their repayment obligations. As

Gold prices reached all-time highs on Monday, currently trading around US$2,734.60 an ounce. The conflict between Israel and Hamas has intensified, raising fears of further disruptions in the region and prompting movement to the safe haven asset. Additionally, central banks are expected to ease monetary policy in the coming months. Lower interest rates tend to

Fairmont Equities Managing Director Michael Gable discusses materials. Click here to visit the Fairmont Equities website.

Charter Hall Long WALE REIT (ASX:CLW) has weathered another turbulent financial year, reporting a 7% decline in operating earnings compared to FY23, largely due to rising interest costs and the impact of asset sales. Operating earnings for FY24 came in at 26 cents per security, matching the company’s guidance, while distributions per security also held

Sky Network Television (ASX:SKT) has expanded its partnership with Warner Bros Discovery (WBD), announcing that it will become the exclusive home of the streaming platform Max in New Zealand, starting 30 October 2024. Max, a service that merges the libraries of HBO Max and Discovery+, offers a vast selection of top-tier TV series, films, and

Ken Morrison, CEO of the Bradfield Development Authority, discusses building Australia’s first new city in a century, a high-tech urban project linked to the new Western Sydney International Airport. Paul Sanger: I’m Paul Sanger from the Finance News Network, and today I’m talking with Ken Morrison, the CEO of Bradfield Development Authority. Ken is at

Macquarie Technology Group Limited (ASX:MAQ) has announced a significant refinancing deal, expanding its debt facility to $450 million. The new five-year revolving loan facility represents an increase of $260 million over the previous facility, underscoring strong demand from both domestic and international lending institutions. This move supports the company’s ongoing expansion, particularly in its data