13D FILINGS These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any class of a company’s securities.
Philip Lowe warned the fight against inflation 'isn't done' yet.
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...
The Reserve Bank of Australia (RBA) has kept the cash rate on hold at a 12-year high of 4.35 per cent.
(Reuters) -ANZ Group on Tuesday unveiled a new A$2 billion ($1.32 billion) share buyback after the bank's first-half cash earnings largely met analyst estimates, but flagged its concerns about challenges in Australian and global economies. Cash profit fell 7% to A$3.55 billion ($2.35 billion) for the six months ended March 31, only slightly above a Visible Alpha consensus estimate, compiled by UBS, of A$3.54 billion. "Both the domestic and international environments are expected to remain challenging across the remainder of the year," ANZ CEO Shayne Elliott said.
Once they retire, many seniors change their spending patterns quite a bit. There's nothing inherently wrong with this, as long as they remain within their retirement budget. See: The 4 Types of Bank...
BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed on the miner's thinking said. The "Big Australian" was rebuffed by its smaller rival on April 26 after submitting a $39 billion takeover proposal, in a plan seen as complex because it required Anglo to offload its shares in Kumba Iron Ore and Anglo American Platinum (Amplats) to Anglo American's shareholders before any deal took place. Anglo American owns 78.6% of Amplats and 69.7% of Kumba.
(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin". Westpac's net interest margin slipped to 1.89%, down 7 basis points from a year earlier, while net interest income remained largely flat at A$9.13 billion.
Former U.S. President Donald Trump's media and technology company said it had replaced its auditor, BF Borgers, after the U.S. Securities and Exchange Commission (SEC) charged the accounting firm with "massive fraud" on Friday. Trump Media & Technology Group said in a filing with the SEC on Monday that it had switched to Semple, Marchal & Cooper on Saturday. The change was recommended and approved by the company's audit committee.
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
It hasn't been the best quarter for Big River Industries Limited ( ASX:BRI ) shareholders, since the share price has...
Amidst a backdrop of fluctuating inflation rates and cautious monetary policies, the Canadian market, like its U.S. counterpart, remains a focal point for investors seeking stability and potential growth. As recent economic indicators suggest ongoing uncertainty in rate cuts and inflation management, dividend stocks emerge as appealing options for those looking to generate steady income from their investments in these turbulent times.
Key Insights Using the 2 Stage Free Cash Flow to Equity, BlueScope Steel fair value estimate is AU$36.31 BlueScope...
Michele Bullock needs to get to grips with the narrative surrounding interest rates as millions of struggling Aussies feel clueless about what 2024 will look like.
(Bloomberg) -- South Korea’s financial watchdog said it has so far uncovered 211.2 billion won ($156 million) worth of illegal short trades by nine global investment banks, providing its latest formal update on a probe that began late last year.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallFrance’s Macron Calls for Reset of Economic Tie
The board of RTX Corporation ( NYSE:RTX ) has announced that it will be increasing its dividend by 6.8% on the 13th of...
"Half of young adults don’t think they will ever afford a home, yet they will be asked to pay for their grandparents’ profligacy."
Momentum Metropolitan Holdings' (JSE:MTM) stock is up by 3.0% over the past month. Given that stock prices are usually...
Key Insights Given the large stake in the stock by institutions, Fugro's stock price might be vulnerable to their...
Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales. In a LinkedIn post published over the weekend, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings last week. The Seattle coffee giant said revenue dropped 2% in the January-March period as store traffic slowed around the world.
Shares of Spirit Airlines (SAVE) are sinking in its lowest intra-day move after the airline operator reported a wider-than-expected first-quarter loss following the termination of its merger agreement with JetBlue Airways (JBLU). Market Domination Anchors Josh Lipton and Julie Hyman break down some of the budget airline's biggest challenges and what the company might do to curb its declining revenue. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl and updated by Luke Carberry Mogan.
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