IAG shares drop 1.09% today – Share Buyback Notification
Insurance Australia Group shares (ASX: IAG) ended today 1.09% in the red, coming off 52 week highs in yesterdays trading session. With a YTD performance on the share price up 14.95%, against the ASX 200 +2.48%, IAG is outperforming the index but how much shareholder value is being created by the share buy-back program? IAG…
ARB Corporation Shares (ASX:ARB) On An Impressive Rally, When To Apply The Brakes?
ARB Corporation shares (ASX:ARB) were down 1.74% today at market close, but it’s YTD remains rather more impressive, sitting at 11.71%. With a 52 week high of $41.83 and price at close today of $40.17, this one is trading close to the top end of its’ previous range. Looking over a slightly longer timeframe, ARB…
Cann Group Change Of CEO – Still Delisted
Cann Group Limited (ASX:CAN) who were delisted earlier this year, and suspended from trading announced a significant shift in its executive team as CEO Peter Koetsier resigned recently, citing personal “family reasons” for his departure. The Melbourne-based cannabis company is positioning itself for a new strategic direction amidst a consolidation of its operations and financial…
All Ords Shed 1.38% On A Red Day : Latest From Markets
CBA shares closed down 1.88% today on a tough day for Aussie bank stocks and the markets generally. The ASX200 dropped 1.34% whilst the All Ords shed 1.38% as some of the spill over from the broader market pullback seen yesterday in international markets touched down at home. In the U.S. financial markets this Tuesday,…
Westpac shares (ASX: WBC) down 1.07% today – analysts differ from sentiment
Westpac shares (ASX: WBC) ended the day firmly in the red, 1.07% down as the Aussie bank stocks and the markets generally pulled back to start Q2. Taking a closer look at Westpac reveals some interesting numbers and forecasts. Riding the wave of a 11.92% increase since the start of the year, Westpac Banking Corp…
US Markets In 2024 – Strong Q1 Winners, What Next?
Stocks took a plunge on Monday, with the Dow Jones Industrial Average shedding 264 points or 0.7%, as market participants braced themselves for a potentially tighter monetary policy landscape. Tuesday has started the early part of trading in similar fashion, with the DJIA shedding more than 1% in early trading, as the S&P 500, Nasdaq…
What are Australian Clinical Labs (ASX:ACL) Growth Prospects?
Australian Clinical Labs Limited shares (ASX:ACL) have become a point of interest for investors as it has demonstrated a robust share price growth of 7.60% on the ASX over the past month. This performance sparks an inquiry: is it too late to consider buying ACL shares, or does this growth foreshadow a promising future for…
Lynas Rare Earth Shares (ASX: LYC) Down 20.64% YTD, But Why?
Lynas Rare Earths Limited (ASX:LYC) shares are down 20.64% YTD, and compared to some of its’ industry peers has a rather uncommon shareholder composition that may impact volatility to some respect. For a company of its size, LYC finds itself majorly owned by individual retail investors, who hold a commanding 53% of the company’s shares….
Why Is (ASX: PLS) Pilbara Minerals Share Price Dropping?
In the turbulent tides of the markets, Pilbara Minerals Limited (ASX: PLS) share price is currently weathering a downturn with its share price experiencing an 13.15% slip over the past month. This decline might disconcert investors at a glance, but a deep dive into the company’s fundamental financial health indicates this may be little more…
Commonwealth Bank of Australia (ASX: CBA) – BUY, HOLD, or SELL?
Commonwealth Bank of Australia has long been acknowledged to be the best of Australia’s renowned Big Four Banks. The share price is up double digits year over year. Analysts are bearish on CBA shares. Although Commonwealth has a stable track record of financial performance over the last four fiscal years, Half Year 2024 results broke…
