Temasek to Invest $198M in Betashares, Boosts ETF Expansionby Mark Eisenberg 17.06.2024Betashares secures funds to expand offerings as Australian ETF industry's market cap hits A$177.5 billion in 2023, driven by A$15 ...
Fortescue 1H Net Profit Soars 41%, Boosts Dividend – Updateby Mark Eisenberg 22.02.2024Fortescue, the world's fourth-largest iron-ore producer, reported a 41% rise in net profit for the first half, attributing it to ...
Saint-Gobain to Acquire CSR for $2.8 Billionby Mark Eisenberg 21.02.2024French building-materials company Saint-Gobain is in talks to acquire Australian firm CSR for $2.82 billion. The offer is subject to ...
Woolworths CEO to Retire After Large Net Lossby Mark Eisenberg 21.02.2024Australian grocer Woolworths reported a large half-year loss, with its CEO retiring after 13 years. Despite the loss, the company's ...
Stockland 1H Profit Falls, Residential Outlook Improvesby Mark Eisenberg 21.02.2024Stockland's net profit for H2 fell by 66%, but positive demand signals for residential property emerged as interest rates appear ...
Scentre FY Net Profit Drops 42% to A$174.9 Millionby Terry Bingman 21.02.2024Scentre, owner of Westfield shopping centers, experienced a decline in net profit for the fiscal year. However, funds from operations ...
Bendigo’s TFF Repayment Strategy: Impact on Profit & Fundingby Terry Bingman 19.02.2024Bendigo and Adelaide Bank's decision to pre-fund the repayment of the Australian central bank's lending program may impact profit indicators ...
Gas Station Deals Surge in Australia: Convenience Retail Expansion Trendby Terry Bingman 19.02.2024Gas stations in Australia, including Ampol, Viva Energy, and Chevron, are expected to increase deals and expand their convenience retail ...
Orora Earnings Dip: Acquisition Costs Impact Profitby Mark Eisenberg 19.02.2024Packaging company Orora reports a decrease in net profit due to transaction costs, but underlying earnings show growth. Challenges in ...
Ampol Profit Falls 25% but Declares Special Dividendby Mark Eisenberg 19.02.2024Australian energy company Ampol has announced a 25% decrease in annual net profit but offset this with strong performance in ...