Page 74 - Weekly Reports News Today

This story features WESTPAC BANKING CORPORATION, and other companies. For more info SHARE ANALYSIS: WBC For a more comprehensive preview of next weeks events, please refer to "The Monday Report", published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar . By Greg Peel As I write, the ASX200 is in a bit of a tail-spin, but we could probably put that down to end-of-month squaring. Ahead of today,...

Summary: By Greg Peel Last week was a net negative for the ASX200 but included a sudden -100 point plunge on the morning of April 21, following a no-apparent-reason sell-off on Wall Street, only to subsequently regain almost all of that loss in the afternoon. As I write, the index is trying to cement a break above the 7000 level. One might expect such a plunge would be an opportunity for further reductions in short positions, which has been the trend of late, but no. Indeed, only one stock move...

Health & Wellness Boom On The ASX This story features EZZ Life Science Holdings Ltd, and other companies. For more info SHARE ANALYSIS: EZZ You beauty! Health and wellness stocks that deliver prosperity and vitality By Tim Boreham, Editor, The New Criterion It seems the only advertisers these days are Harvey Norman, sports betting shops and Chemist Warehouse and Priceline with their pages of pills and unguents. Indeed, the term “health and wellness” might be overused and even tautologous, b...

10:00 AM As the uranium price slides for a third week, global leaders share concerns over climate change and set emission reduction goals. -The US and Japan reset carbon emission goals -The IEAs 2021 nuclear power forecast -The weekly spot uranium price falls -3.6%  By Mark Woodruff President Joe Biden announced last week the intention to halve US CO2 emissions from 2005 levels by the end of this decade. This is up from the original goal of 26% by 2025. Existing nuclear power capacity and a...

This story features CIMIC GROUP LIMITED, and other companies. For more info SHARE ANALYSIS: CIM For a more comprehensive preview of next weeks events, please refer to "The Monday Report", published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar . By Greg Peel The question for next week locally is can 7000 for the ASX200 be left behind? A lot will depend on a tetchy Wall Street, though there is...

Cash For Trash In Listed Waste Management Listed waste management options that are not rubbish By Tim Boreham, Editor, The New Criterion Not for the first time, the listed waste management sector is in the throes of ownership upheaval as investors await the fallout from this month’s proposed $20bn merger of the French-based giants Veolia Group and Suez Group. The outcome has direct implications for the largest ASX listed waste manager, Cleanaway Waste Management ((CWY)). In the meantime skip...

-CBA enters BNPL to protect market share -New vehicle sales up 22% in March -Online marketplaces ripe for consolidation -Employers with hybrid work strategies could have 20-25% remote employees By Mark Story CBA’s BNPL entry Having taken a stake in the buy now pay later (BNPL) firm Klarna in 2019, Commonwealth Bank ((CBA)) is launching its own BNPL product to the bank’s consumers, which can be used anywhere Mastercard is accepted. Morgan Stanley believes Commonwealth Bank’s decision to la...

Summary: Week Ending April 15, 2021. Last week saw the ASX200 initially trading sideways before finally breaking out above the 7000 level, thanks to some extent to the Trans-Tasman bubble. But this week the index is back battling with 7000 again. We may have broken a record last week in terms of lack of movement in short positions. Only two stocks saw bracket changes, both short increases, and only two saw movements of one percentage point or more. In the latter case, the Trans-Tasman bubble h...

The latest updates on Australian listed real estate trusts (REIT), yields and property developers. This report helps investors compare and analyse investment options in real estate either via the shares of property developers or through investment trusts (listed or unlisted). Login or Sign Up to view the report. The full story is for FNArena subscribers only. To read the full story plus enjoy a free two-week trial to our service

By Mark Woodruff For the  week ending Friday 16 April, there were twelve upgrades and seven downgrades to ASX-listed companies by brokers in the FNArena database. Mainstream Group received two downgrades from separate brokers. Both Ord Minnett and Morgans downgraded the company to a Hold rating in the belief the $2 bid for the company by SS&C Technologies was both fully valued and likely to be final. This has proven to be correct as the deadline of Friday 16 April has passed without a matchi...