Rising power prices fattens AGL's earnings
Rising wholesale power prices have helped energy utility AGL lift earnings and dividends
Rising wholesale power prices have helped energy utility AGL lift earnings and dividends
In a thinly reference to the new US president, Anglo-Australian miner Rio Tinto has warned of rising geo-political risk while also stating it expects China to continue to provide economic stimulus for much of the year ahead.
Even with its coffers bulging,Rio Tinto has refrained from handing out too much of the spoils to shareholders.
Opening up the electricity market to competition may have been touted by government as opening the door to lower bills, but large numbers of households are disengaged, with only a relatively modest number of families chasing cheaper suppliers
The end may be in sight for the shake-out in the dairy industry which has pushed milk stocks to 20 year lows.
It is rare to find much unanimity among economists, but one of the few things they agree on is that the trough in commodity prices of 2016 will not be repeated. The question for now is how far will prices retreat, especially following the March quarter, which often marks a cyclical high.
A decision to cut earnings guidance following a weaker-than-expected December quarter prompted quick selling of building materials production group James Hardie.
Shares in Downer EDI soared to a seven-year high on Thursday morning after the contractor lifted its full-year profit forecast following a lack of any bad news in its December-half earnings.
Urth Energy, which billed itself as a "boutique" energy retailer focusing on solar energy systems, has appointed an external administrator.
Can the flutter of a butterfly really cause a typhoon? Trans-Tasman biotech company Innate Immunotherapeutics just might be living proof that it can.
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