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Fitch has joined its rival, S&P Global, in cutting the credit rating of the United States. In a statement issued on Tuesday after Wall Street trading ended for the day, Fitch revealed that the new rating would be AA+, down from AAA. This mirrors S&P’s rating, which has been in place since 2011. The news […]

Westgold Resources (ASX:WGX), the operator of the Bluebird and Big Bell gold mining operations in Western Australia, has made a daring prediction that its costs will ease in the coming financial year. In a recent update to the ASX, the company provided further details of its projected production and cost guidance for 2023-24, showing optimism

Incitec Pivot (ASX:IPL) is reported to have chosen the Indonesian state-owned company Pupuk Kaltim as the preferred buyer of its significant Australian fertilisers business. Sydney brokers and analysts say the sale could end up at a price of around $1.5 billion, but it may bring on a showdown with rural politicians and farmers in parts

Little Green Pharma (ASX:LGP) has announced that its Desert Flame high THC (20%) medicinal cannabis flower product has received Marketing Authorisation in Poland. This marks a significant milestone for the company, providing new opportunities in the rapidly growing medicinal cannabis market in Poland. In Poland, Marketing Authorisations are the exclusive pathway for the supply of

Mark Freeman, CEO and David Grace, Portfolio Manager discuss the FY23 full year results of Australian Foundation Investment Company (ASX:AFI).

Mark Freeman, CEO and Brett McNeill, Portfolio Manager discuss the FY23 full year results of Djerriwarrh Investments (ASX:DJW).

Tamboran Resources (ASX:TBN) has signed four separate non-binding Letters of Intent with Origin, AGL, EnergyAustralia and Shell Energy Australia to potentially purchase gas from Tamboran’s low-reservoir Beetaloo Basin gas assets for a period of up to 10 – 15 years. In response, Managing Director and CEO, Joel Riddle, said: “The initial interest from key East

Mark Freeman, CEO and Portfolio Manager of AMCIL (ASX:AMH), discusses FY23 full year results.

Mark Freeman, CEO and Kieran Kennedy, Portfolio Manager discuss the FY23 full year results of Mirrabooka Investments (ASX:MIR).

According to UBS analysts, Suncorp (ASX:SUN), Hub24 (ASX:HUB), GQG Partners, and Magellan (ASX:MFG) are potential sources of upside in the upcoming reporting season. They believe that Medibank (ASX:MPL) and NIB (ASX:NHF) are likely to perform well, benefiting from low claims, solid participation, and strong non-resident trends. The insurance subsector in the Australian Financial Services is