February 20, 2026

Australian shares experienced a downturn, influenced by geopolitical anxieties surrounding US-Iran relations. Guzman y Gomez (GYG), a Mexican fast-food chain, saw its share price plummet after sales figures failed to meet investor expectations. In a letter to investors, co-chief executives Steven Marks and Hilton Brett emphasised the time required to establish a brand. The company

Gold prices have surged above $US5000 an ounce on Friday, building on gains from the previous two sessions, as investors closely monitor escalating tensions in the Middle East. President Trump’s comments on limiting nuclear deal negotiations with Iran to a short timeframe, coupled with a significant build-up of US forces in the region, have fuelled

The Australian sharemarket began the day in negative territory on Friday, mirroring a downturn in US stocks triggered by escalating geopolitical tensions between the United States and Iran. By 10.15am AEDT, the S&P/ASX 200 Index had fallen by 23.10 points, or 0.3 per cent, to 9063.10, with nine out of eleven sectors experiencing declines. Renewed

Newmont Corporation has reported a net income attributable to shareholders of $US1.3 billion ($1.84 billion), or $US1.19 a share, for the fourth quarter of 2025. This represents a decrease of approximately 7 per cent compared to the $US1.4 billion reported in the previous year. However, the company’s adjusted net income, which totalled $US2.52 a share,

Peter Warren Automotive Holdings Limited has reported a substantial increase in its net profit for the half-year ending December 31. The company’s net profit after tax (NPAT) soared by 98.3 per cent to $11.9 million, a significant jump attributed to robust top-line growth and stringent operational discipline. Peter Warren Automotive is an Australian automotive dealership

Megaport has reported a revenue of $134.9 million for the half-year ending in December, marking a 26 per cent increase compared to the previous year. This growth was fuelled by the company’s expansion of its total addressable market through two strategic acquisitions. Megaport is a global Network-as-a-Service provider that offers scalable bandwidth for connecting to

Alliance Aviation is seeking to renegotiate a contract with a major airline, citing unprofitability. The regional wet lease provider reported a net loss of $105.8 million for the first half of 2026, prompting the company to address the concerning agreement. Alliance Aviation provides aviation services, including wet leasing, charter flights, and aircraft sales. It primarily

Inghams Group, Australia’s largest poultry producer, has revised its full-year profit forecast downwards, citing a substantial decline in earnings due to escalating costs. The company now anticipates underlying earnings for the 2024 financial year to be in the range of $180 million to $200 million. This is a decrease from the previous estimate of $215

Austal has been awarded a $4 billion contract to build eight 100-metre landing craft heavy (LCH) vessels for the Australian Defence Force. The contract falls under the strategic shipbuilding agreement (SSA) and represents a significant boost for the company. Austal is an Australian shipbuilder and defence prime contractor specialising in the design, construction and support