Aluminum producer Alcoa’s first-quarter report beat Wall Street estimates. Focus now shifts to the buy of Alumina, and boosting earnings before interest, taxes, depreciation, and amortization.
The excuses being concocted by Australian businesses for not accepting cash are becoming more and more ridiculous.
(Bloomberg) -- Bitcoin’s tumble is piquing the interest of investors who view pronounced swings in the digital token as a possible precursor for broader changes in risk appetite in global markets.Most Read from BloombergUS and Saudis Near Defense Pact Meant to Reshape Middle EastSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaHuawei Secretly Backs US Research, Awarding Millions in PrizesTesla Axes Supercharger Team in Blow
The move brings CBA in line with NAB, with ANZ now offering the most interest-free days out of the big four banks.
The bank admits customers in regional Australia face 'unique challenges' and want to protect them as much as possible.
(Reuters) -Australian retailer Woolworths said on Wednesday that it would sell a 5% stake worth A$468 million ($302.84 million) in Endeavour Group, almost three years after spinning out the liquor store and pub operator. The sale will happen via a block trade at a price of A$5.22 per share, Australia's largest supermarket operator said, adding that it would now own about 4.1% of Endeavour, which it spun out as a separate company in 2021. Shares of Woolworths slipped 0.4%, while those of Endeavour were down 5% in early trade.
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Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
LTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call Transcript April 30, 2024 LTC Properties, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day. And welcome to the LTC Properties Incorporated First Quarter 2024 Earnings Conference Call. At this […]
Given her no nonsense approach to building wealth, it's not surprising that financial guru, Emmy-winning TV host and popular podcaster Suze Orman recommends certain risk-averse investments to her...
Exercise equipment company Peloton (NASDAQ:PTON) will be reporting earnings tomorrow morning. Here's what to look for.
Copper producer Zambia is on the cusp of moving on from its debt default after a nearly four-year-long process. Does its deal with bondholders mean its economy is back on track, or that it is now out of default? Zambia already has deals with its official lenders - ie other countries - making the deal with those holding its three Eurobonds the last stage.
There's a reason why financial experts recommend saving for retirement as soon as possible -- living on a fixed income can be difficult and it's easy to blow through your nest egg. Daily expenses add...
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.
Macquarie Bank customers only have a few weeks left to access over the counter services.
Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China. Price hikes taken last year have forced customers to ditch cafes and restaurants and instead drink coffee at home, hurting business for chains such as Starbucks. "The inability to stop the traffic leakage from the early signs of pull-back in November to date and the worsening macro and competitive dynamics in China may suggest prolonged challenges and no evidence of light at the end of the tunnel," Danilo Gargiulo, senior analyst at Bernstein, wrote in a note.
Investors do not expect India's national elections to spark major volatility in the country's stock market, unlike prior occasions, based on the low cost of insuring against a slide if Prime Minister Narendra Modi does not win a third straight term. The Nifty 50, India's main equity gauge, is trading at record-high levels amid surveys predicting Modi's Bharatiya Janata Party (BJP) will emerge victorious in the elections that started on April 19 and runs through June 4, when results are due. A month before that, the implied volatility of a put option with a strike price that is 10% below the current level of the Nifty 50 Index is at 18%-20% on the National Stock Exchange.
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When it comes to explaining the power of stock market investing, one example that frequently makes the rounds is how rich you would be now if you had invested in Microsoft when the software company...
Canada in March recorded a surprise trade deficit of C$2.28 billion ($1.66 billion), the largest in nine months, as exports declined faster than imports, data showed on Thursday. Total exports fell 5.3% in March mainly due to exports of unwrought gold declining from a record high reached in February, while imports were down 1.2%, led by electronics and metal ores and non-metallic minerals, Statistics Canada said. Analysts polled by Reuters had forecast a trade surplus of C$1.50 billion in the month.
Saving for retirement is only part of the process of ensuring financial security during your golden years. The other part is planning how and when to withdraw funds from your retirement savings...
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