US stocks have opened mostly lower as investors awaited results from several companies.
Johann M Cherian and Sukriti Gupta
The share market operator has taken the unusual step of asking Mineral Resources why it failed to warn investors its half-year financial results would be as bad as they were.
Adrian Rauso
The ASX200 snapped a five day losing streak, but cracks are still appearing as more companies are missing the mark this reporting season.
Cameron Micallef
Petrol retailer and refiner Ampol’s profits have been smashed but the company reckons fuel demand will stay strong until the 2030’s amid a slow energy transition.
Matt Mckenzie
Gold jewellery accounts for $5 million of Cash Converters’ retail inventory, so bullion’s record price run has enabled the subprime and pawn chain operator to cash in.
Sean Smith
Perpetual pulls plug on $2.1 billion asset sale and warns KKR may demand break fee.
Neale Prior
The relationship between board members and an Australian tech company’s billionaire founder has become “intractable”.
The market believes Perenti has lost too much ground to meet its full-year financial forecasts, yet the boss of the mining services contractor reckons it can comfortably play catch-up.
Shares in Brett Blundy’s fashion jewellery pedlar Lovisa Holdings slipped as profit growth falls short of store expansions.
A "market-friendly" outcome in Germany's election has sent the euro higher along with German shares, while Wall St futures nudged up after Friday's sell-off.
Harry Robertson and Wayne Cole
The ASX200 has finished 0.1 per cent higher, snapping a five-day losing streak despite its leading tech company plunging to a six-month low.
Derek Rose
The pipeline company will spend an initial $71 million to enhance the grid and start early-stage works on three later stages that will add significant transport and storage capacity from 2028.
Policymakers are racing to catch up with the rapid rise of stablecoins — a version of cryptocurrency that rarely fluctuates, is backed by cash or government bonds and run on public blockchains.
A walkout by the chairman and three directors of WiseTech has shaved more than $9b off the global logistics software company’s market capitalisation.
Jackson Hewett
There’s been plenty so far, and more than a couple of disappointments that have dampened the mood of shareholders.
Daniel Newell
Consumer sentiment sours, inflation expectations rise; Indexes down: Dow 1.69 per cent, S&P 500 1.71 per cent, Nasdaq 2.20 per cent.
Stephen Culp
The biotech says its potentially life-saving drug is drawing increasing interest from major pharmaceutical companies in China, where stroke is now the leading cause of death.
Cheyanne Enciso
Berkshire Hathaway operating earnings surged 71 per cent in the fourth quarter, as higher interest rates lifted the conglomerate’s investment income and its insurance business improved.
Alexandre Rajbhandari
The man leading America’s biggest bank has lashed out at Gen Z employees and work-from-home in a wild tirade. But where do Aussie banks stand?
Duncan Evans
Australia’s sharemarket finished in the red on Friday as consumer discretionary and financials continued to weigh on the local market.
Guzman Y Gomez’s popular $8 breakfast burrito has once again been credited for driving sales growth in Australia, but cracking a heavily-saturated market in the US is proving a challenge.
Telstra downgraded the upload speeds for thousands of its Belong NBN customers without telling them or lowering the price.
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
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