Page 5 - Greg Canavan News Today

In today’s Money Morning, discover how Michael Burry almost got it wrong and why your biggest decision in 2023 won’t just be what but when too…

Air New Zealand ups is half year profit guidance to between NZ$295 million to NZ$325 million thanks to rising travel demand and falling fuel costs.

Downer EDI has surprised investors by reporting slashed profit guidance for FY23 and revealed a shocking long-standing accounting blunder.

With three companies fighting over control of Warrego Energy, it is yet uncertain which direction the power battle may take. As it stands, Hancock Energy has the leading bid, but it has been blocked by an unforeseen move by Warrego’s partner, Strike Energy.

Santos has doubled its share buyback program in a new capital management framework that targets higher shareholder returns, now using a policy to return at least 40% free cash flow to shareholders.

Adelaide SkyCity casino faces legal proceedings after AUSTRAC submits its anti-laundering infringement to the Australian Federal Court today.

Bank of Queensland’s Chief Executive Officer George Frazis is deemed ‘sub-optimal’ at AGM and subsequently booted from the company as an immediate search for his successor is underway.

US multinational pizza chain Dominos Pizza Enterprises entered a market halt earlier today at its own request in preparation for a fully underwritten institutional placement of $150 million.

In today’s Daily Reckoning Australia, it’s about to get worse…they want to track your spending and silently tax you by linking you to a centralised digital system…there’s mixed opinions, even among those at Fat Tail Investment Research…and what’s making me hesitant now…

Mega Australian and North American-based building products and manufacturing company, Brickworks Ltd [ASX:BKW], put out its latest trading update.