Tesla may have delivered 462,890 EVs in the three months leading up to last Sunday, but this fell short of forecasts, causing shares to drop by 6% at one point on Wednesday. By the close of trading, the shares were down 3.5%, as analysts noted that the company now faces the prospect of its first […]
Teslas deliveries fall short of forecasts, shares dip Read More »
A new substantial listed Australian food group will be created from a complex deal involving SPC, The Original Juice Co (ASX:OJC) and the local powdered milk operations of a Singapore-based group. In an announcement on Wednesday, The Original Juice Co (OJC) said it will acquire SPC Global and the powdered milk business owned by Nature
Juice-ing up the market: A new blend of food giants Read More »
Two top ASX companies have revealed significant changes in their senior leadership — both of which set up candidates for the top job down the track. The Commonwealth Bank (ASX:CBA) and JB Hi-Fi (ASX:JBH) both named new senior executives just under the CEO position. The CBA said its changes were made ahead of impending retirements
Leadership shuffle at CBA and JB Hi-Fi Read More »
The slipping pace of activity across the EU has already seen the European Central Bank cut rates twice this year. Now more cuts are on the cards after the flash inflation figure for September came in under the 2% target. The 1.8% annual reading was due to slipping activity and price pressures in Germany, Spain
More cuts on the cards for the ECB Read More »
There’s been CEO changes revealed at two mid-tier ASX companies, with some surprising links. KMD Brands (ASX:KMD) has named a new CEO in Brent Scrimshaw, who will replace Michael Daley. Meanwhile, Collins Foods (ASX:CKF) has naming former KMD Brands CEO Xavier Simone as its new boss. And, to add to the links, Michael Daley, the
CEO musical chairs Read More »
The recent announcement by BHP (ASX:BHP) to temporarily suspend operations at its Nickel West facilities has raised concerns and speculations within the mining industry about the future of Nickel in Australia. However, this decision could present significant opportunities for Nico Resources’ Wingellina project. The shutdown of Nickel West is not necessarily detrimental to Nico Resources
BHP’s nickel drop: Could Nico Resources rise to the occasion? Read More »
Companies discussed include: Rio Tinto (ASX:RIO)Brickworks (ASX:BKW)Codan (ASX:CDA)
Analysis of Rio Tinto, Brickworks, Codan Read More »
To register for Friday’s webinar click here. BPM Minerals Ltd (ASX:BPM) has raised $1.675 million through a recent placement to accelerate exploration at its Claw Project. The funds will be used to conduct 2,500 meters of RC drilling at the Louie gold target and explore other areas of the project. Shares are trading 14.29 per
Stocks of the Hour: BPM Minerals, archTIS, Askari Metals Read More »
Australian shares have dipped, reflecting a downturn on Wall Street, as investors sought safe-haven assets amid worries about a wider conflict in the Middle East. However, energy stocks have helped cushion the blow, with oil prices rising due to supply concerns. At 11:40am, the S&P/ASX 200 is 0.05 per cent lower at 8,204.60. The SPI
ASX down 0.05% near noon: Energy up 2.07% Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses share prices, geopolitics and rate cuts. Key pointsRecession risks, the escalating Israel conflict, the US election along with still stretched valuations mean a high risk of another share market correction and continued volatility.The expansion of the war around Israel and Iran attacking
