Company News for June 7, 2024

Insider Monkey
The Largest Economy in the World by 2075
We recently compiled a list of the Top 30 Largest Economies in the World by 2075 and in this article we will look at the country that’s expected to be the largest in 2075. Emerging Markets Projected to Lead by 2075 According to research by Goldman Sachs, the global potential growth is expected to slow, largely […]
Yahoo Finance AU
Major $1,288 warning for Aussies lodging their tax returns
You're better off waiting a few weeks before sending your tax information for the 2023-24 financial year. Here's why.
Yahoo Finance AU
Cash makes huge comeback on Australia's doorstep: 'Growing realisation cashless can't happen'
Despite digital payments becoming the norm, it appears Kiwis are still devoted to cash.
Yahoo Finance AU
Easy way to turn stage 3 tax cuts into $10,000: 'Set and forget'
Aussies will get a boost to their pay packets from today. Here's one way to maximise it.
NewsWire
Everything changing from today
From tax to minimum wage, the financial landscape for Australians will change dramatically from July 1. Here’s what’s coming.
Yahoo Finance AU
Major mortgage decision for Aussies who don't want to work forever
If you don't want to work forever, is it better to pay off your mortgage or start building wealth another way?
Investing.com
Futures lower, Fed's Powell to speak, Boeing plea deal - what's moving markets
Investing.com -- U.S. stock futures edge down as investors prepare for incoming labor market data during a holiday-shortened trading week. Federal Reserve Chair Jerome Powell is due to speak at an European Central Bank event, with the Fed's potential interest rate path for the rest of the year in focus. Elsewhere, U.S. federal prosecutors are reportedly awaiting a decision from Boeing (NYSE:BA) on a plea deal to settle charges linked to two fatal crashes.
Insider Monkey
Eli Lilly & Co (NYSE:LLY): Jim Cramer’s Best Weight Loss Stock Pick for 2024
We recently published a list of the 10 Stocks to Buy and Sell Before the Third Quarter 2024 According to Jim Cramer. Since Eli Lilly & Co (NYSE:LLY) ranks 2nd on the list, it deserves a deeper look. Jim Cramer in a latest program discussed the changing consumer trends in the US, wondering whether the consumer […]
Bloomberg
China’s 10-Year Yield Falls to Record as Economic Gloom Deepens
(Bloomberg) -- The yield on China’s benchmark bonds fell to a record low as investors continued to snap up the notes amid pessimism about the domestic economy.Most Read from Bloomberg24-Hour Stock Trading Is Booming – and Wall Street Is RattledBlackRock Buys Preqin for $3.2 Billion in Private Data PushTrump as President or Private Citizen: Why Supreme Court’s Immunity Ruling Is a TestFrance’s Market Rally Falters as Investors See Enduring RiskJustice Department to Charge Boeing, Seeks Guilty Ple
Fortune
After a meteoric rise and equally epic fall, Carvana’s stock is up more than 500% in a year. But one top analyst thinks the ride gets rougher from here
Carvana first landed in the Fortune 500 in 2021.
Simply Wall St.
An Intrinsic Calculation For Comet Holding AG (VTX:COTN) Suggests It's 38% Undervalued
Key Insights The projected fair value for Comet Holding is CHF581 based on 2 Stage Free Cash Flow to Equity Comet...
Simply Wall St.
Analysts Expect Breakeven For Plenti Group Limited (ASX:PLT) Before Long
We feel now is a pretty good time to analyse Plenti Group Limited's ( ASX:PLT ) business as it appears the company may...
Reuters
Australia central bank saw downside risks to employment when holding rates
Australia's central bank pondered whether a further rise in interest rates was needed to bring inflation to heel at its June policy meeting, but decided to stand pat in part due to the risk of a sharp slowdown in the labour market. Minutes of its June 17-18 board meeting out on Tuesday showed the Reserve Bank of Australia (RBA) considered raising its 4.35% cash rate amid doubts policy was not restrictive enough to bring inflation - currently running at 4.0% - to its 2-3% target band. In the end, the board judged the case for holding steady was stronger given the economy was still tracking broadly as expected, with inflation seen returning to target in 2026, output growth staying weak and risks to the labour market on the downside.
SmartAsset
Ask an Advisor: I'm 73 and My Investments Aren't Doing Well. Should I Withdraw From My 401(k) to Invest in CDs?
I'm 73 and my 401(k) hasn't been doing well for the last few years. Would it be a good idea for me to withdraw my money from my 401(k) and pay the tax that I will have to pay eventually anyway, and then invest the rest of my money in CDs? -Archie Your desire for […] The post Ask an Advisor: I'm 73 and My 401(k) ‘Hasn't Been Doing Well.’ Should I Withdraw My Money and Invest in CDs? appeared first on SmartReads by SmartAsset.
Simply Wall St.
Commonwealth Bank of Australia And 2 Other ASX Dividend Stocks To Consider
As the ASX200 navigates a slight downturn at the start of the new financial year, with particular pressure on the IT sector, investors might look towards more resilient investment opportunities. Amidst varying sector performances and economic stimuli affecting materials and energy stocks, dividend-paying stocks such as Commonwealth Bank of Australia could offer a degree of stability and potential income in uncertain times.
Simply Wall St.
Individual investors own 25% of United Overseas Insurance Limited (SGX:U13) shares but public companies control 58% of the company
Key Insights Significant control over United Overseas Insurance by public companies implies that the general public has...
GOBankingRates
This Is the No. 1 Retail Store in Every State
Each of the 50 states is home to a highly rated business whose industry is a retailer selling directly to customers. To find the number one retail store in every state, GOBankingRates sourced Fortune...
Simply Wall St.
Discover Three ASX Growth Companies With High Insider Stakes
Amidst the fluctuating Australian market, as evidenced by recent movements in the ASX200 following the Reserve Bank of Australia's latest minutes, investors continue to navigate through varying economic signals. In such a landscape, growth companies with high insider ownership can offer an intriguing opportunity for those looking to align with management's vested interests in their company’s success. In today's uncertain market environment, stocks with significant insider stakes might be...
NewsWire
Real estate loses ground on RBA minutes
Real estate investors have taken a backwards step on the sector Tuesday, as the Reserve Bank minutes show the cash rate could be hiked again.
Reuters
Japan June factory activity unchanged amid higher costs, PMI shows
Japan's factory activity stayed unchanged in June, a private-sector survey showed on Monday, amid lacklustre demand and as companies struggled with rising costs due to the weak yen. The final au Jibun Bank Japan manufacturing purchasing managers' index (PMI) was at 50.0 on the break-even line that separates growth from contraction, after a brief improvement to 50.4 in May. Among key subindexes, output improved to a 13-month high with firms clearing back-orders and building inventory, but new orders stayed in contraction given sluggish demand, especially in auto and semiconductor sectors, the survey showed.

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Company News for June 7, 2024

Latest stories

The Largest Economy in the World by 2075

Major $1,288 warning for Aussies lodging their tax returns

Cash makes huge comeback on Australia's doorstep: 'Growing realisation cashless can't happen'

Easy way to turn stage 3 tax cuts into $10,000: 'Set and forget'

Everything changing from today

Major mortgage decision for Aussies who don't want to work forever

Futures lower, Fed's Powell to speak, Boeing plea deal - what's moving markets

Eli Lilly & Co (NYSE:LLY): Jim Cramer’s Best Weight Loss Stock Pick for 2024

China’s 10-Year Yield Falls to Record as Economic Gloom Deepens

After a meteoric rise and equally epic fall, Carvana’s stock is up more than 500% in a year. But one top analyst thinks the ride gets rougher from here

An Intrinsic Calculation For Comet Holding AG (VTX:COTN) Suggests It's 38% Undervalued

Analysts Expect Breakeven For Plenti Group Limited (ASX:PLT) Before Long

Australia central bank saw downside risks to employment when holding rates

Ask an Advisor: I'm 73 and My Investments Aren't Doing Well. Should I Withdraw From My 401(k) to Invest in CDs?

Commonwealth Bank of Australia And 2 Other ASX Dividend Stocks To Consider

Individual investors own 25% of United Overseas Insurance Limited (SGX:U13) shares but public companies control 58% of the company

This Is the No. 1 Retail Store in Every State

Discover Three ASX Growth Companies With High Insider Stakes

Real estate loses ground on RBA minutes

Japan June factory activity unchanged amid higher costs, PMI shows