Wondering where you should invest $1,000 right now? When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley ...
In response to its US$1 billion notes offering, the broker believes it is “further confirmation of MIN’s commitment to the transformational portfolio of growth projects.” The South32 Ltd (ASX: S32) share price tumbled on Tuesday following the release of its quarterly update. According to CNBC, the spot gold price is up 0.55% to US$1,906.5 an ounce. The team at Goldman Sachs appear to see this as a buying opportunity. Energy producers such as Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) could have a better day after oil prices rebounded. According to Bloomberg, the WTI crude oil price is up 3.2% to US$101.63 a barrel and the Brent crude oil price has risen 2.7% to US$105.04 a barrel.
Share markets are coming under pressure as investors mull a potentially faster pace of interest rate hikes ahead, but that's not holding these 3 stocks back ...
Like our other 2 ASX All Ordinaries shares above, Downer looks to be partly benefiting from some bargain hunting, after its shares fell 7.6% yesterday. The company looks to be benefiting from 2 factors helping support the price of other ASX iron ore miners today as well. Syrah looks to be benefiting from some potential profit hunting after the ASX All Ordinaries share fell 4.3% yesterday. Our second ASX All Ordinaries share to gain strongly today is Mount Gibson Iron Limited (ASX: MGX), up 9.1%. But not all ASX All Ordinaries shares are lagging. The All Ordinaries Index (ASX: XAO) is having a bit of a rough time of it today, down 0.6% after earlier posting losses of more than 1.1%.
Oticon Medical is owned by Danish healthcare company Demant, which has recently announced plans to exit the hearing implant market. Cochlear told investors just ...
The company also warned it was reviewing its prices globally and would look to raise its prices in categories it sees “opportunities” in. This was largely driven by sales in the US, which rose 47 per cent. In February this year, after Maritime Super was publicly criticised by APRA for chronic underperformance and high fees, a deal was reached for Hostplus to fully takeover Maritime. Property development giant Mirvac has also reportedly thrown its hat in the ring as an interested party. “In this case, we were concerned that Maritime members may have been misled by the communications about fees,” she said. Life360 has lost a whopping 30 per cent of its share price to $3.74 after an update, while Credit Corp Group is down by more than 9 per cent. The annual underlying measure is now at 3.7 per cent, the highest level since March 2009. Their roles will be confirmed once the transaction settles, which is expected to be by June this year. A highly intelligent executive, with technology, science and business in her CV, Livingstone is credited with possessing a razor-sharp attention to detail and a spectacular deficiency of hubris. Excessive risk taking isn’t viewed as a Livingstone hallmark but she stuck to her beliefs that Comyn was the best candidate for the job - baggage or no baggage. She steered CBA through the aftermath of the scandals and the challenges of the pandemic. “In contrast, the technology-heavy US share market has dropped this year on higher bond yields.
The big miners suffered some hefty losses in yesterday's trade amid concerns China's COVID-zero policies could suffocate its voracious appetite for iron ore ...
Mineral Resources shares, however, have struggled, with the ASX 200 mining share losing around 2% year-to-date. Yesterday the BHP share price closed down 5.8%, Fortescue shares lost 6.9%, and the Mineral Resources share price fell a painful 9.5%. While the ASX 200 has lost 4.3% since the opening bell on 4 January, Fortescue shares have gained 4.6% and the BHP share price has rocketed 11% higher. While the ASX 200 is down around 0.6% in early afternoon trade, the BHP Group Ltd (ASX: BHP) share price is up 1.62%. It looks like the three ASX 200 mining shares named above are predominantly benefiting from two aligned factors. S&P/ASX 200 Index (ASX: XJO) mining shares are some of the standout performers today.
The S&P/ASX All Ordinaries Index (ASX: XAO) is down today and a bunch of ASX shares have hit 52-week lows. We profile three of them.
Megaport is down 0.11% at the time of writing to trade at $8.90. Earlier it dipped to $8.55, which was a new 52-week low for the ASX tech share. A recent quarterly update disappointed ASX investors, with the Megaport share price dipping 18% on the day it was released. This morning it hit a 52-week low of 38 cents. The Marley Spoon share price flew during the first six months of the pandemic. Revenue hit a record $45.9 million — up 142% on the prior corresponding period (pcp). Annualised recurring revenue (ARR) was $112 million — up 132%. Plus, the company turned its adjusted EBITDA around to $1.2 million in the green compared to $3.6 million in the red in the prior period. The first ASX share to look at is enterprise mobility software provider, Bigtincan. It’s trading at 63 cents on Wednesday afternoon — down 7.34% — and hit a new 52-week low of 61 cents earlier.