The giant miner turned in a very impressive half year profit yesterday of $US4.9 billion, up 29%. Where is it heading?
Andrew Main has spent 35 years in journalism and stockbroking, which took him from Perth to Sydney, Paris and London. He was Business Editor of The Australian between 2007 and 2009.
He was a joint winner of the Gold Walkley Award, Australia's top journalism prize, in 2003 for a series of articles on errant stockbroker Rene Rivkin's Swiss bank accounts and he has published two books, one on the collapse of HIH insurance and the other a biography of Rivkin. He had a regular spot on ABC 702 for five years in Sydney explaining the mysteries of finance to a mid-morning audience.
More recently, he has also been a regular commentator on Sky Business
The giant miner turned in a very impressive half year profit yesterday of $US4.9 billion, up 29%. Where is it heading?
Tesla’s share price climbed from $US230 a share on September 8 to $US780 this week, of which almost $US130 came in the last 48 hours. What happened?
As we get closer to the eventual end-point of this bull market, it’s timely that an experienced markets watcher gives you some sound advice you really shouldn’t ignore!
Are we heading down the Californian road where insurers refuse to renew policies in fire prone areas?
Can agitators make a positive difference?
Banks will become much more bureaucratic, and a lot more risk averse, says former Westpac CEO.
Bank deposit rates won’t give you the return you might need but don’t throw caution to the wind when looking for higher returns.
As retail investors despair about lousy interest rates, one particular type of product is enjoying retail market attention: the fixed interest Listed Investment Trust (LIT) or Listed Investment Company (LIC).
Employees and consumers are now firmly on the march on a range of hot button issues and companies will have the choice of either trying to beat them, or join them. Where do you stand on the debate about how much listed companies should work with activists?
Like "Bring out your dead" in the Monty Python skit, have we called the death of retailing in Australia too early?
Which successful and substantial Australian mining stock is enjoying a current yield of almost 16%, fully franked, and a current price earnings ratio of less than five times?
Memo to corporate treasurers: if you want to keep shareholders happy, there's nothing quite like an open ended share buyback, as shown this week by rail haulier Aurizon.