November 2024

Roger Baxter – Executive Chairman – Southern Palladium (ASX:SPD) holds a 70% interest in the Bengwenyama palladium/rhodium PGM project on the Eastern limb of South Africa’s Bushveld.

Nan-Maree Schoerie – Managing Director – ECS Botanics Holdings (ASX:ECS) is a medicinal cannabis cultivator and manufacturer with facilities in Victoria.

The Dow Jones and the S&P 500 gained on Thursday as investors flocked to cyclical stocks expected to benefit from a strengthening economy, while shifting out of technology shares. The Dow gained 461.88 points, or 1.06 per cent, to finish at 43,870.35. The S&P 500 added 0.53 per cent to close at 5,948.71. The tech-heavy

US markets showed a mixed performance overnight, with the Dow Jones rallying late in the session, closing up 0.3 per cent, while the S&P 500 finished flat. The Nasdaq, however, ended slightly lower, down 0.1 per cent. A key driver of the overnight action was the anticipation surrounding Nvidia’s quarterly earnings and outlook. Nvidia’s shares

Target Corporation (NYSE: TGT) has plummeted in premarket trading after the retailer reported disappointing third-quarter earnings and reduced its full-year guidance. Despite efforts to attract shoppers through price cuts and early holiday sales, the company missed Wall Street’s earnings and revenue expectations, leading to a sharp decline in stock price. As of the time of

Comcast Corporation (NASDAQ: CMCSA) is moving forward with a plan to spin off its cable TV networks, including MSNBC, CNBC, USA, E!, Syfy, and Golf Channel. The decision is part of the company’s broader strategy to reduce its exposure to a traditional cable business that has been losing both viewers and advertisers due to the

Inflation in the UK surged to 2.3% in October, reversing a downward trend earlier in the year and placing pressure on the Bank of England to delay further interest rate cuts until at least next year. Official figures released by the Office for National Statistics (ONS) on Wednesday showed that a sharp rise in energy

A company to keep an eye on is HMC Capital (ASX:HMC). Stock Watch host Chris Pedersen spotlighted HMC for its strong earnings growth and attractive PE ratio on 10 October 2024. At the time HMC was trading at $8.74. Fast forward to today and it’s surged to $11.74 for a remarkable profit of 34.3% in just

Pinnacle Investment Management (ASX:PNI) has announced investments in two international asset managers—VSS Capital Partners (VSS) and Pacific Asset Management (PAM). Together, the investments total $143m. The acquisitions aim to strengthen Pinnacle’s foothold in private capital and international markets. In VSS, Pinnacle now has a 22.5% stake. The company is a US-based structured capital firm with

Clinuvel Pharmaceuticals (ASX:CUV) has entered discussions with the European Medicines Agency (EMA) to increase the recommended maximum annual dosage of SCENESSE (afamelanotide 16mg) for patients with erythropoietic protoporphyria (EPP) from four to six doses. This change would harmonise European guidelines with those in other regions, including the United States, enabling year-round treatment for patients. EPP