The ASX 200 (ASX:XJO) started the day strongly, but finished on its lows (-0.7%) as investors digested a flurry of earnings reports from AMP Ltd
Lazard: 11.4% return in the June quarter When we saw this headline we assumed it was from one of Lazard’s global equity strategies across its US$170 billion ($240 billion) portfolio. We were as surprised as anyone when we realised it had actually come from its Emerging Market debt strategy, so we decided to take a…
CBA profit dips 11.3% but dividend at the limit The Commonwealth Bank of Australia Ltd (ASX:CBA) handed down their financial year result today; beating guidance on its dividend, but not on earnings. Management reported a 12.4% increase in statutory profit, which includes gains on the sale of assets including CFS, to $9.6 billion, but real…
The ASX 200 (ASX:XJO) jumped out of the blocks this morning after the Commonwealth Bank of Australia Ltd.
We’re in the second week of reporting season and it’s been a mixed bag of results.
Despite the world of investment and superannuation seemingly becoming more streamlined by the month, the manner in which many firms and products charge has only increased in complexity.
If it wasn’t clear in 2019, it must be clear now; value investing is dead.
It was another busy day as reporting season ramped up, the ASX 200 (ASX:XJO) finishing 0.5% higher as signs of slowing Victorian COVID-19 cases boosted National Australia Bank Ltd (ASX:NAB), rising 2.4%.
It was another busy day as reporting season ramped up, the ASX 200 (ASX:XJO) finishing 0.5% higher as signs of slowing Victorian COVID-19 cases boosted National Australia Bank Ltd (ASX:NAB), rising 2.4%.
GPT Group (ASX:GPT) announced a massive fall in profits, falling to a net loss of $519.1 million for the 2020 financial year.
