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BHP reports flat first-half underlying profit, warns of inflation impact

(Reuters) -BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said the worst of inflation impacts were receding although it remained cautious on China's economy. BHP said it expects a "more balanced global economy and evidence that the worst of the general inflationary wave is behind us, (to) have a positive impact on our industry in calendar year 2024." For the first-half, BHP's strong rev...
Chris Reese Sameer Manekar Himanshi Akhand Iron Ore Prices Bhp Group
Source: yahoo.com

Australia's Seven Group offers $1.2 billion for full control of Boral

Seven Group (SGH) currently owns a 71.6% stake in Boral. Under the offer, Seven Group will offer a minimum of A$6.05 per share in cash and scrip to Boral shareholders, valuing the company at A$6.67 billion ($4.35 billion). The minimum offer represents a 3.4% premium to Boral's last closing level of A$5.850.
Sameer Manekar Chris Reese Lisa Shumaker Group Holdings Group On Seven Group Holdings
Source: yahoo.com

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