LA Private

Uncategorized

In the wake of US jobs report, global economic data flow gathers momentum

As the echoes of the June 30 reporting seasons reverberate worldwide (except for China, where it reaches its peak this week), attention shifts to a flurry of data releases marking the start of the new month. Australia is poised for a crucial week, featuring the June quarter national accounts and GDP announcements for the 2022-23 […]

In the wake of US jobs report, global economic data flow gathers momentum Read More »

Wesfarmers announces increased dividend despite second half earnings slowdown

Shareholders in Wesfarmers (ASX:WES), the conglomerate that owns Bunnings, Kmart/Target, Officeworks, and a range of industrial enterprises, are set to receive a higher dividend for the fiscal year ending in June, even in the face of a second-half earnings deceleration. The net profit after tax for the 2022-23 period amounted to $2.47 billion, up from

Wesfarmers announces increased dividend despite second half earnings slowdown Read More »

Better: The quick mortgage company’s catastrophic debut and what went wrong

In a dramatic turn of events, Better, a swift mortgage company based in the US, experienced a devastating debut as its shares plummeted by over 93% on Thursday. Reuters approached the unfolding catastrophe with caution in its headline: “Mortgage lender Better’s shares in grim Nasdaq debut.” In retrospect, it seems that Better was a disaster

Better: The quick mortgage company’s catastrophic debut and what went wrong Read More »