South32 Announces CEO Transition
South32 Limited (ASX: S32) , a global mining and metals company, recently announced a significant leadership transition set to occur in 2026. The company revealed on May 12, 2025, that Matthew Daley is appointed as Deputy CEO in February 2026 and will later succeed Graham Kerr as CEO. This marks South32’s first major leadership change…
Megaport Share Price (ASX: MP1) Ends Week On High
Megaport shares (ASX: MP1) ended the final trading session of the week as one of the best performers on the day, with a 3.91% gain. This only tells part of the story however, as the stock has shown considerably volatility in recent times. A gain of 30% in April, and 57% YTD is as bullish…
Macquarie Group’s Share Price Rally Continues as FY Results Beat Expectations
Macquarie Group’s shares (ASX: MQG) continued the recent rally, with a gain of 3.79% on the day, as FY results outperformed expectations. The company markets investors with its robust financial performance for the fiscal year ending 31 March 2025 with a net profit of $3.72 billion, marking a 5% increase compared to the previous year….
Lynas Rare Earths Share Price in Correction Territory After 10% Pullback
Lynas Rare Earths shares (ASX: LYC) have pulled back from recent highs, with the stock now in ‘correction’ territory, more than 10% off the highs of late April. Despite the recent reversal, LYC has been an outperformer on the Aussie market this year, with a gain of 22.05% YTD offering considerable upside on the largely…
Why are Westpac Shares (ASX: WBC) Still Falling?
Westpac Banking Corporation (ASX: WBC), one of Australia’s “Big Four” banks and the nation’s second-largest home lender, has entered a pivotal phase marked by heightened volatility, margin compression, and ambitious transformation efforts. In today’s session, Westpac shares fell 4% to $30.50, capping off a week of choppy trading that has seen WBC lose 7.41% and…
How a Personal Term Deposit Can Strengthen Your Portfolio
In an era of economic uncertainty, finding stable and reliable investment options is more important than ever. While high-risk assets may promise greater returns, they also expose investors to volatile market swings. A personal term deposit offers a secure alternative, providing guaranteed returns without the stress of unpredictable fluctuations. Unlike everyday savings accounts with variable…
ASX 200 Snaps Win Streak as Energy Weighs on Index
The S&P/ASX 200 Index is experiencing notable declines today, significantly influenced by the downward movement in energy shares, reflected by the ASX Energy Index (XEJ) having lost 2.89% on the day, continuing the trend that has been in place through 2025. An 18.17% in the XEJ YTD highlights some of the challenges facing individual names…
Westpac Shares Give Back YTD Gains as H1 Profit Declines
Westpac shares (ASX: WBC) have shed 2.99% to begin the new week almost back where it started 2025. With financial results for H1 missing expectations, the WBC share price is left clinging on to $0.04 (0.12%) in gains YTD. The bank’s reported net profit after tax reached $3.32 billion, falling shy of the $3.43 billion…
Paladin Energy Appoints New Independent NED
Paladin Energy (ASX:PDN) has today announced the strategic addition to its board with the appointment of Anne Templeman-Jones as an independent non-executive director. The boardroom addition comes with Paladin Energy’s share price having fallen 60% over the past 12 months, and 21% on a YTD basis. This appointment is effective from May 5, 2025, pending…
Rio Tinto Shares to Remain Dual Listed as Shareholders Reject Proposal
In a recent vote, shareholders in Rio Tinto PLC overwhelmingly rejected a proposal to abandon the company’s dual London listing, opting instead to maintain its current structure. The move to drop the listing was proposed by activist investor Palliser Capital, which holds a USD300 million stake in the mining giant. Majority of the shareholders, over…