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No goPremiumWesfarmers ‘considers’ API bid rejection

The owner of Priceline Pharmacies has knocked back Wesfarmers’ $687m offer, saying it undervalues the health and beauty group.

Sean Smith

Bumper quarterPremiumFortescue set for record profit and dividend

Another record-breaking quarter for Fortescue Metals Group’s Pilbara iron ore operations has helped the Andrew Forrest-controlled miner set a new exports benchmark.

Sean Smith

Seafood successPremiumAbalone producer marks record sales in face of COVID

Strategic partnerships opened new bulk order channels through Taiwan and the UK, while sales volumes continued through traditional channels into Hong Kong, Singapore, Sydney and Melbourne.

Jenne Brammer

Flying startMiners’ rock-solid earnings propel ASX

Mining giants Fortescue and Rio Tinto were helping the ASX higher following strong earnings reports.

Steven Deare

Red hotPremiumBHP, FMG shares touch record highs

Investor confidence in the continuing iron ore boom for both miners — and rumours of a possible sale of BHP’s petroleum division to Woodside — have driven their shares to new intraday highs.

Daniel Newell

Headwinds comingVideoPremiumFacebook warns Apple ad-tracking will slow growth

Facebook has reported higher second-quarter sales and profit but struck a cautious tone looking ahead.

Naomi Nix

Rate jittersWall Street mixed after Fed comments

US stocks have closed mostly lower after the Federal Reserve said that higher inflation remained the result of "transitory factors".

Caroline Valetkevitch

Air clearsBoeing rebounds after losses since 2019

Boeing has made its first profit since 2019, after struggling with the pandemic and the aftermath of two deadly crashes involving its 737 Max jets.

DAVID KOENIG

Big profitPfizer's 2021 outlook boosted by vaccine

Drug maker Pfizer has recorded a 59 per cent increase in profits due to its sales of coronavirus vaccine, as research shows the case for booster shots.

LINDA A. JOHNSON

Record resultsPremiumHuge payday for investors as Rio earnings hit $16.6b

CEO Jakob Stausholm says government stimulus in response to ongoing COVID-19 pressures has driven strong demand for the miner’s products at a time of constrained supply.

Stuart McKinnon

Interest chargesCrown’s $61m tax dodging bill

The embattled casino giant has paid back the Victorian government $61m but a much bigger bill could be looming.

Rebecca Le May

So, what’s next?PremiumForward estimates to trump bumper earnings reports

Here are five things to watch as Australia’s earnings season kicks off amid lockdown uncertainty in NSW, with investors desperate to know what’s next.

Thuy Ong

Car boomPremiumEagers shrugs off virus to surge to record profit

Australia’s biggest car dealer is riding rampant demand for new cars from cashed-up buyers.

Sean Smith

MarketsLofty ASX slips, investors eye inflation

Surging inflation popped up on investors' radars as the Australian share market pulled back from a record high.

Steven Deare

Time’s upPremiumSGH calls time on Boral offer

Seven Group Holdings has called time on its offer to scoop up more stock in building products supplier Boral.

Daniel Newell

COVID boomVideoPremiumRetail ads turbocharge Google profits

The internet giant took advantage of an uneven pandemic reopening, catering to homebound users spending more time on screens as well as consumers venturing out to shop and travel.

Nico Grant

Drill campaignPremiumCapricorn has high hopes for shuttered gold mine

Investors have backed a $40 million acquisition by newly minted gold miner Capricorn Resources of a two million ounce gold project 280km north-east of Perth.

Stuart McKinnon

Azure jittersVideoPremiumMicrosoft tops estimates with $62.7b final quarter

Microsoft has reported sales and profit that exceeded analysts’ estimates for a 10th-straight quarter, sending shares higher.

Dina Bass

Estimate smashedVideoPremiumApple warns growth to slow after record-setting sales

The tech giant warning that sales growth may be slowing and supplies are getting tight, putting a damper on investor excitement following a record-setting third quarter.

Mark Gurman

Out bidPremiumBHP gazumps Forrest in hunt for Canadian nickel

BHP Group has agreed a deal to buy Noront Resources, trumping a bid by WA mining magnate Andrew Forrest, as the world’s biggest miner accelerates its push into metals of the future.

Thomas Biesheuvel

First moverPremiumRio expands in battery metals with $3.3b lithium mine

Rio Tinto will spend $US2.4 billion ($3.3b)building a lithium mine in Serbia, in the latest sign that the biggest miners are pushing into metals poised to benefit from the green-energy transition.

Thomas Biesheuvel and Misha Savic

Teething problemsPremiumSO4 in trouble again with Lake Way

Aspiring sulphate of potash producer Salt Lake Potash has called a halt on its shares ahead of a production downgrade and likely capital raising for its Lake Way project near Wiluna.

Stuart McKinnon

‘job cuts’PremiumWoodside launches into major new job cuts

The oil and gas giant has made no secret of its ambitions to slash operating costs by 30 per cent.

Sean Smith

Steel boomPremiumBlueScope profit surges after record second half

Long-suffering steel makers are riding bumper demand and prices as most of the world emerges from COVID-19.

Sean Smith