A week before it reports its third quarter earnings, Warren Buffett’s Berkshire Hathaway has cut its Bank of America stake under the 10% limit that requires disclosure of changes in the size of the holding in what US regulators call a “timely manner” (within two days, as against three days in Australia). A filing late […]
Buffett’s selling spree delivers billions Read More »
Rio Tinto’s (ASX:RIO) counter-cyclical move in offering nearly $10 billion for London- and US-based Arcadium Lithium has exposed the enormous potential losses now facing the entire lithium industry here and offshore — including in China. Rio’s offer is cheap — and so it should be, because the fortunes of the sector are vastly different to
Rio’s bargain hunt in the lithium jungle Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Global share markets rose over the last week helped by the absence so far
Scott Caithness – Managing Director – Alderan Resources Limited (ASX:AL8) is focused on copper and gold exploration in the US and lithium exploration in Brazil.
Alderan Resources (ASX:AL8) – Webinar Presentation Read More »
Jon Pilcher – Managing Director & CEO – Neuren Pharmaceuticals Limited (ASX:NEU) is developing new therapies for highly debilitating neurodevelopmental disorders that emerge in early childhood.
Neuren Pharmaceuticals (ASX:NEU) – Webinar Presentation Read More »
To register for today’s webinar click here. New World Resources (ASX:NWC) has submitted a comprehensive Aquifer Protection Permit (APP) application to the Arizona Department of Environmental Quality for its 100%-owned Antler Copper Project. This key environmental permit is essential for ensuring that the project’s facilities comply with all state and federal groundwater management and protection
Stocks of the Hour: New World Resources, Estrella Resources, HyTerra Read More »
Australian shares dipped at the open, following a weaker finish on Wall Street after US inflation data for September came in a bit higher than anticipated, alongside weekly jobless claims reaching a 12-month high. At 11:45am, the S&P/ASX 200 is 0.26 per cent lower at 8,201.90. The SPI futures are pointing to a fall of
ASX down 0.3% near noon: Energy up 0.3% Read More »
Kerry Stokes’ main listed company, Seven Group Holdings, wants shareholder approval to change its registered company name to “SGH Limited.” This move aims to further distance the company and its empire from its ailing TV arm, Seven West Media. Shareholders attending the AGM on November 14 will be asked to approve the change, which will
Seven Group seeks name change Read More »
The absence of major storms, earthquakes, or other natural disasters has led New Zealand insurer Kiwi Insurer Tower (ASX: WR) to drop a significant hint that its underlying net profit after tax for 2023-24 will be one of the best reported, at around NZ$83 million. This figure marks an increase from NZ$7.6 million in 2022-23
Tower projects record profit amid natural disaster absence Read More »
US stocks declined on Thursday, with the S&P 500 and Dow Jones Industrial Average retreating from record highs amid signs of persistent inflation. The broad market index slipped 0.21 per cent to close at 5,780.05, while the Dow dropped 57.88 points, or 0.14 per cent, finishing at 42,454.12. The Nasdaq Composite fell 0.05 per cent
Dow and S&P 500 fall as sticky inflation report pressures stocks Read More »
