Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain

Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain

Westpac Banking Corp (ASX:WBC) ANZ And IBM Successfully Used Blockchain Two major Australian banks have successfully used blockchain, instead of paper, for bank guarantees on commercial property leasing. ANZ and Westpac teamed with IBM and shopping centre operator Scentre Group to digitise the guarantee process. The trial used distributed ledger technology to replace paper-based guarantee […]

Wesfarmers Ltd (ASX:WES) HEFFX Highlight

Wesfarmers Ltd (ASX:WES) HEFFX Highlight

Wesfarmers Ltd (ASX:WES) HEFFX Highlight Wesfarmers Limited (ASX:WES) generated a 2.4% ROE in the last year, compared to its industry’s 4.63% ROE. But the profitability ratio, often called ‘the mother of all ratios’, reflects a company’s performance both on its income statement and balance sheet. Assessing the factors affecting ROE goes a long way in […]

Commonwealth Bank of Australia (ASX:CBA) Donates $50K to Emerging Leaders Scholarship

Commonwealth Bank of Australia (ASX:CBA) Donates $50K to Emerging Leaders Scholarship

Commonwealth Bank of Australia (ASX:CBA) Donates $50K to Emerging Leaders Scholarship Calling the need for well-educated, agile leaders with strong communications skills essential in an increasingly global world, Commonwealth Bank boosted its support of its Emerging Leaders Scholarship Program at the University of The Bahamas this week with a donation of $50,000. It was the […]

Fairfax Media Limited (ASX:FXJ) HEFFX Highlight

Fairfax Media Limited (ASX:FXJ) HEFFX Highlight

Fairfax Media Limited (ASX:FXJ) HEFFX Highlight The US private equity giant TPG Capital has ditched plans for a $2.76bn takeover of Fairfax Media, clearing the way for rival bidder Hellman & Friedman to make an offer. TPG on Sunday confirmed reports it had pulled out of the race to buy the owner of newspaper titles […]

Woolworths Limited (ASX:WOW) To Phase Out Single-Use Bags

Woolworths Limited (ASX:WOW) To Phase Out Single-Use Bags

Woolworths Limited (ASX:WOW) To Phase Out Single-Use Bags Single-use plastic bags will phased out from Woolworths and Coles stores across Australia. Woolworth Group announced on Friday morning that stores Australia-wide would phased out the use of plastic bags by July 2018. Coles followed up Woolworth’s announcement by pledging just hours later that it would also […]

Rio Tinto Limited (ASX:RIO) Aims To Be King

Rio Tinto Limited (ASX:RIO) Aims To Be King

Rio Tinto Limited (ASX:RIO) Aims To Be King It has been just over a year since Jean-Sébastien Jacques took over the reins at Rio Tinto. The 45-year-old France-born executive knows there is much more still to do to restore investor confidence in the sector. Years of profligate spending and dealmaking left the industry saddled with huge […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights If the Australian Rugby Union want to kill the Western Force, they are going to have to defeat the riches of mining magnate Andrew Forrest first. The Force’s bid for survival received a massive boost on Saturday when Forrest pledged to do everything within his powers to help […]

Australia S&P/ASX 200 (INDEXASX:XJO) The Week Ahead

Australia S&P/ASX 200 (INDEXASX:XJO) The Week Ahead

Australia S&P/ASX 200 (INDEXASX:XJO) The Week Ahead The share of national income going to households has shrunk to its smallest since 1964, the year the the Year I was born in Australia. The A$1.7 trillion economy expanded at its slowest pace in eight years last quarter, with annual growth of 1.7 percent as workers and […]

Goodman Group (ASX:GMG) To Repurchase Goodman PLUS

Goodman Group (ASX:GMG) To Repurchase Goodman PLUS

Goodman Group (ASX:GMG) To Repurchase Goodman PLUS Goodman Group (ASX:GMG) says it intends to repurchase all Goodman PLUS ASX quoted hybrid securities by 2 October 2017. The company says it will issue an Issue Realisation Notice on or before 21 July 2017. The last trading day of Goodman PLUS on the ASX will be 21 […]

Adelaide Brighton Ltd. (ASX:ABC) HEFFX Highlights

Adelaide Brighton Ltd. (ASX:ABC) HEFFX Highlights

Adelaide Brighton Ltd. (ASX:ABC) HEFFX Highlights Needle moving action has been spotted in Adelaide Brighton Ltd (ABC.AX) as shares are moving today on volatility 0.91% or 0.05 from the open. The ASX listed company saw a recent bid of 5.57 and 973735 shares have traded hands in the session. Taking a deeper look into the […]

GPT Group (ASX:GPT) HEFFX Trading Outlook

GPT Group (ASX:GPT) HEFFX Trading Outlook

GPT Group (ASX:GPT) HEFFX Trading Outlook The GPT Group (GPT) is a property company that owns and manages a diversified portfolio of Australian retail, office and logistics property assets. The Company’s segments include Retail, Office, Logistics, Funds Management and Corporate. Its Retail segment owns, develops and manages regional and sub-regional shopping centers, as well as […]

APA Group (ASX:APA) To Solve Gas Crisis

APA Group (ASX:APA) To Solve Gas Crisis

APA Group (ASX:APA) To Solve Gas Crisis Pipeline operator APA Group yesterday announced it would study the development of a pipeline from the coal-seam gas fields near Moranbah south to the Surat Basin near Gladstone, effectively connecting the northern fields — which are said to contain enough gas to meet eastern Australia’s needs for 20 […]

Westfield Corp Ltd (ASX:WFD) HEFFX Highlights

Westfield Corp Ltd (ASX:WFD) HEFFX Highlights

Westfield Corp Ltd (ASX:WFD) HEFFX Highlights The Westfield Corp Ltd (ASX: WFD) share price has plunged 17.4% in the past three months, from around $9.30 to trade at $7.68 currently. It’s not the only shopping centre A-REIT that has seen its share price sink. Vicinity Centres Re Ltd (ASX: VCX), Scentre Group (ASX: SCG) and […]

Lynas Corporation Ltd (ASX:LYC) Bearish Divergence

Lynas Corporation Ltd (ASX:LYC) Bearish Divergence

Lynas Corporation Ltd (ASX:LYC) Bearish Divergence Momentum and Candlesticks say it is time to sell LYNAS FPO closed down -0.005 at 0.105. Volume was 190% above average (trending) and Bollinger Bands were 55% wider than normal. Open High Low Close Volume___ 0.110 0.110 0.100 0.105 37,274,976 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long […]

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights

Macquarie Group Ltd (ASX:MQG) HEFFX Highlights Macquarie Group, the world’s largest infrastructure manager, could be forced into a fire sale of ­assets as it comes under pressure from rising interest rates, big debts and stalled earnings, according to Citi. Despite booking a record $2.2 billion profit last year, Macquarie’s earnings have been coming under increasing […]

SEEK Limited (ASX:SEK) HEFFX Highlights

SEEK Limited (ASX:SEK) HEFFX Highlights

SEEK Limited (ASX:SEK) HEFFX Highlights SEEK Limited announced the successful refinancing of its syndicated loan facility and an increased limit of cA$910m (comprising A$550m and US$275m) from the previous limit of cA$880m. Increased and extended syndicated loan facility (“loan facility”) Multi-currency (AUD & USD) facility with tenors of two to four years Strong support from […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights BHP Billiton Limited was upgraded to Outperform by Bernstein on the strength of the Australian company’s core mining business. BHP has traded lower than its peers in recent months, but shares are poised to return to their “intrinsic value,” analyst Paul Gaitsaid in a Wednesday note. “We now see a […]

Bank of Queensland Limited (ASX:BOQ) HEFFX Highlights

Bank of Queensland Limited (ASX:BOQ) HEFFX Highlights

Bank of Queensland Limited (ASX:BOQ) HEFFX Highlights Bank of Queensland has jumped on a growing trend to raise rates across its range of interest-only loans, while also reducing rates for customers making principal and interest repayments. Effective from August 8, interest only loans from BOQ will increase by 0.40%, bringing the current standard variable rate […]

Wesfarmers Ltd (ASX:WES) Ellerston Capital Sells WES

Wesfarmers Ltd (ASX:WES) Ellerston Capital Sells WES

Wesfarmers Ltd (ASX:WES) Ellerston Capital Sells WES One of the nation’s top fund managers, the Ashok Jacob-led Ellerston Capital, revealed it had sold its entire stake in conglomerate Wesfarmers and forecasts ­another year of volatility for ­investors after again outperforming the market over the past 12 months. The Ellerston Australian Share Fund returned a gross […]

Origin Energy Ltd (ASX:ORG) Down 1.54%

Origin Energy Ltd (ASX:ORG) Down 1.54%

Origin Energy Ltd (ASX:ORG) Down 1.54% Origin offers a two-week payment extension but says it’s vital for those experiencing financial hardship to approach them sooner rather than later. “There’s a lot more options available to us early in the piece than if we start to have a conversation down the track,” Ryan Auger from Origin […]

Computershare Limited (ASX:CPU) Down 3.5%

Computershare Limited (ASX:CPU) Down 3.5%

Computershare Limited (ASX:CPU) Down 3.5% At the time of writing, the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has declined a whopping 80 points, or 1.4%, to 5,676 points. Leading the market down are the QBE Insurance Group Ltd (ASX: QBE) share price, down 8.2%, and Computershare Limited (ASX: CPU), down 3.5%. Computershare Limited is engaged […]

Woolworths Limited (ASX:WOW) System Outage

Woolworths Limited (ASX:WOW) System Outage

Woolworths Limited (ASX:WOW) System Outage WOOLWORTHS has apologised over a “major delivery system outage” left hungry customers fuming when online shopping orders were cancelled at the last minute. A spokesman for the company confirmed the online ordering system went down on Sunday and continued to experience difficulties up until this morning. This impacted orders scheduled […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Fortescue Metals Group Limited share price falls 5% There is mounting speculation Australia’s third force in iron ore, Fortescue Metals Group, will hit the top end of its annual export guidance, and possibly exceed it, after a strong end to the year. But the price FMG receives for […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights Two major Australian banks have successfully used blockchain, instead of paper, for bank guarantees on commercial property leasing. ANZ and Westpac teamed with IBM and shopping centre operator Scentre Group to digitise the guarantee process. The trial used distributed ledger technology to replace paper-based guarantee documents, resulting in a […]

China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights

China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights

China Unicom (Hong Kong) Limited (HKG:0762) HEFFX Highlights Chinese telecommunications technology solutions provider ZTE has announced completing 5G New Radio (NR) field trials with China Unicom, attaining data rates of up to 2Gbps for single-user equipment. ZTE made use of its pre-commercial sub-6GHz 5G base station at the 3.5GHz frequency with 100MHz bandwidth alongside Massive […]

Changes From the SEC: Confidentiality is Key

Changes From the SEC: Confidentiality is Key

Changes From the SEC: Confidentiality is Key In a recent effort to foster increased public offering activity, the U.S. Securities and Exchange Commission (SEC) announced on 29 June 2017 that it will permit all companies to submit voluntary draft registration statements relating to initial public offerings (IPOs), certain follow-on offerings and national securities exchange listings […]

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights Woolworths supermarket says it will not stock Coke No Sugar Woolworths’ fast turnaround puts pressure back on Coles Pouring more than $1.5 billion in lower prices and a better in-store experience seems to have finally paid off for Woolworths. According to a new report from UBS, the turnaround of the […]

Qantas Airways Limited (ASX:QAN) HEFFX Highlights

Qantas Airways Limited (ASX:QAN) HEFFX Highlights

Qantas Airways Limited (ASX:QAN) HEFFX Highlights Shares in Qantas Airways Limited (ASX: QAN) and Virgin Australia Holdings Ltd (ASX: VAH) have taken very different flight paths. One is soaring close to a 10-year high while the other is struggling to climb above its record lows. Increasing airline capacity and a weak economy are forcing airlines […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

  Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights Over the past 10 years Commonwealth Bank of Australia (ASX:CBA) has returned an average of 5.44% per year from dividend payouts. The stock currently pays a dividend of 5.08% with a market cap of $107.69 Billion and let me tell you why it stands out for income […]

Fairfax Media Limited (ASX:FXJ) HEFFX Highlights

Fairfax Media Limited (ASX:FXJ) HEFFX Highlights

Fairfax Media Limited (ASX:FXJ) HEFFX Highlights Fairfax is planning to spin-off Domain into a separate entity, and enter the mortgage broking business TPG Capital has decided not to make a formal takeover offer after examining Fairfax’s books Hellman & Friedman have not yet ruled out making a formal offer Fairfax shares have been smashed after […]

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights

Newcrest Mining Limited (ASX:NCM) HEFFX Highlights The gold miner announced that it has increased its stake in the highly sought after Brisbane-based gold mining company SolGold plc. Newcrest has invested a further US$40 million in the London AIM-listed company and now holds 14.5% of the issued equity in SolGold. Late last year mining giant BHP […]

Woodside Petroleum Limited (ASX:WPL) HEFFX Highlights

Woodside Petroleum Limited (ASX:WPL) HEFFX Highlights

Woodside Petroleum Limited (ASX:WPL) HEFFX Highlights WOODSIDE Petroleum has flagged a possible delay in the development of a deepwater oilfield off the coast of west ­African nation Senegal. The oil and gas heavyweight says Far Limited, its partner in the promising SNE field, has refused to support a proposal for Woodside to eventually take over […]

Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs $DIA, $SPY, $DAX, $DJSH, $N300, $NSEI Year to Date (YTD) investors in global stock markets are seeing record highs. Record marks for the widely-followed country indexes occurred in the context of notably low volatility, adding to investor comfort and a sense of accomplishment. All of this was accompanied […]

Telstra Corporation Ltd (ASX:TLS) HEFFX Summary

Telstra Corporation Ltd (ASX:TLS) HEFFX Summary

Telstra Corporation Ltd (ASX:TLS) HEFFX Summary TPG’s proposed mobile network is only a “benign” threat to Telstra, but will introduce competitive pressures that may force the incumbent to increase spending to retain its core mobile customer base, a UBS analyst note has warned. This additional spending may see shareholders receiving less than anticipated of the […]

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights Rio Tinto shareholders have given their backing to the sale of the company’s Australian coal assets to China’s state-backed Yancoal for $2.69bn, spurning a bid by rival Glencore. Shareholders in the UK and Australia voted overwhelmingly in favour of the deal, with 97.2 per cent of a little […]

Boral Limited (ASX:BLD) HEFFX Highlights

Boral Limited (ASX:BLD) HEFFX Highlights

Boral Limited (ASX:BLD) HEFFX Highlights Boral has escalated its fight with the Construction, Forestry, Mining and Energy Union (CFMEU) and is threatening to sack 110 workers at its De Martin & Gasparini (DMG) concrete subsidiary in NSW unless they sign an agreement compliant with the new building code. The issue was highlighted in a report […]

BHP Billiton Limited (ASX:BHP) 20/20 Hindsight

BHP Billiton Limited (ASX:BHP) 20/20 Hindsight HP Billiton has released a $250m (£193m) payment that will go towards rehabilitation work in Brazil, where efforts continue to clean up a deadly tailings dam collapse. The world’s largest miner by revenue will put $174m towards the Renova Foundation to aid clean-up work for the rest of this […]

Woolworths Limited (ASX:WOW) HEFFX Weekly Review

Woolworths Limited (ASX:WOW) HEFFX Weekly Review

Woolworths Limited (ASX:WOW) HEFFX Weekly Review WOOLWORTHS denies it is trialling Uber-style surge pricing despite electronic tickets popping up in at least one of its stores. A former Woolies employee has revealed the supermarket giant has trialled electronic pricing which is currently being used in the UK and allows retailers to hike up costs during […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Truck drivers will soon be all but a thing of the past at Fortescue Metals’ Pilbara iron ore operations, with the Andrew Forrest-led company unveiling plans to become the first miner to fully automate the majority of its haul-truck fleet. Fortescue, which operates 56 self-driving trucks at its […]

Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights

Wesfarmers Ltd (ASX:WES) HEFFX Highlights Socks and jocks maker Pacific Brands sold a shipment of leaking rain jackets to the New Zealand Defence Force and then left Wesfarmers to cover the $2.5 million cost of replacing them. That’s according to a statement of claim Wesfarmers has filed in the NSW Federal Court, in an attempt […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights WESTPAC chief Brian Hartzer says “nothing is off the table” as the bank figures out how to recoup South Australia’s $370 million bank tax. His comments came as ANZ chief Shayne Elliott ­revealed his bank had already offloaded tens of millions of SA government bonds in ­reaction to the […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights PPB Advisory will start spruiking Network Ten to potential buyers on behalf of the Commonwealth Bank of Australia after the lender officially appointed the firm as receivers on Saturday morning. CBA is owed $200 million by Network Ten through a debt facility granted in 2013 that falls due […]

Whitehaven Coal Ltd (ASX:WHC) HEFFX Highlights

Whitehaven Coal Ltd (ASX:WHC) HEFFX Highlights

Whitehaven Coal Ltd (ASX:WHC) HEFFX Highlights The Whitehaven Coal Ltd (ASX: WHC) share price has come under heavy selling pressure today. In afternoon trade the coal producer’s shares are down 6% to $2.74. Whitehaven Coal’s Maules Creek Coal Mine employs 80 Aboriginal staff as part of its Indigenous equal opportunity employment program. These employees are […]

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights

Telstra Corporation Ltd (ASX:TLS) HEFFX Highlights Telstra is being urged to find a buyer for its long-term NBN revenue stream to reduce debt and carry out a major share buyback to reward its investors. JPMorgan and Macquarie are understood to be working with the telco on the future options of its long-term NBN contract. The […]

Qantas Airways Limited (ASX:QAN) HEFFX Highlights

Qantas Airways Limited (ASX:QAN) HEFFX Highlights

Qantas Airways Limited (ASX:QAN) HEFFX Highlights Qantas dropped from 9th to 15th in the Skytrax World’s Top Airline ranking The airline won two awards but it is the lowest ranking for Qantas since 2012 Virgin Australia climbed ahead of Qantas to 13th position in the rankings The airline won Best Airline and Best Staff awards […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights The Fortescue Metals Group Limited (ASX: FMG) share price fell 4.6% to $4.52 today at around a six-month low as the iron ore price continues to drift lower. According to the Metal Bulletin iron ore currently sells for around US$56.40 a tonne which is around one quarter lower […]

Wesfarmers Ltd (ASX:WES) HEFFX Trading Outlook

Wesfarmers Ltd (ASX:WES) HEFFX Trading Outlook

Wesfarmers Ltd (ASX:WES) HEFFX Trading Outlook Amazons Whole Foods deal shakes Woolworths, Wesfarmers, and Metcash Wesfarmers Limited is engaged in various business operations, such as supermarkets, liquor, hotels and convenience stores; home improvement; office supplies, and an industrials division with businesses in chemicals, energy and fertilizers, industrial and safety products and coal. The Company’s segments […]

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights

Commonwealth Bank of Australia (ASX:CBA) HEFFX Highlights “The Australian government should not create tax policy which systematically and deliberately advantages banks based in the United States, Europe, Japan and China at the expense of its domestic industry,” Commonwealth Bank general counsel Anna Lenahan told senators in Canberra on Friday. Commonwealth Bank of Australia’s top technology […]

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights WOOLWORTHS has launched a new bid for China’s insatiable demand for Australian groceries, inking a deal to ship its homebrand products to feed the nation’s growing middle class. And Chinese shoppers are willing to pay big bucks for the normally-cheap products, which are marked up by as much as 1000 […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights Just a day after resolving a major outage to its online and mobile banking services, Westpac Bank has suffered from another systems failure, this time affecting EFTPOS, ATMs and card transactions. Westpac customers have blasted the bank after being locked out of their accounts for almost three days, leaving […]

Macquarie Group Ltd (ASX:MQG) HEFFX Summary

Macquarie Group Ltd (ASX:MQG) HEFFX Summary

Macquarie Group Ltd (ASX:MQG) HEFFX Summary Macquarie Group has moved deeper into commodities with its second deal with US group, Cargill in as many months – this time to by the American commodities giant’s North American power and gas trading business. The deal comes just under three months after Macquarie bought Cargill’s oil trading business […]

Boral Limited (ASX:BLD) HEFFX Highlights

Boral Limited (ASX:BLD) HEFFX Highlights

Boral Limited (ASX:BLD) HEFFX Highlights A market capitalization of USD $6.07 Billion puts Boral Limited (ASX:BLD) in the mid-cap stocks category. Despite not being one of the most popular groups in the investment community, mid-caps have actually outperformed the small and large-cap stocks over time. While their larger size and proven business model make them […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlight

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlight

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlight Fortescue Metals G (NASDAQ:FSUGY) has earned a consensus recommendation of “Hold” from the six brokerages that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation […]

Westpac Banking Corp (ASX:WBC) Warns Customers Of Email Scam

Westpac Banking Corp (ASX:WBC) Warns Customers Of Email Scam

Westpac Banking Corp (ASX:WBC) Warns Customers Of Email Scam WESTPAC customers are warned to be taking extra care following the emergence of a troubling malicious email scam this week. Discovered by Australian cybersecurity firm MailGuard on Wednesday, the scam is targeting Westpac customers with an email that has a subject line reading “your account is […]

Wesfarmers Ltd (ASX:WES) $190 Million Investment

Wesfarmers Ltd (ASX:WES) $190 Million Investment

Wesfarmers Ltd(ASX:WES) $190 Million Investment The Wesfarmers Ltd (ASX: WES) share price has dropped 6% over the past week after the retail conglomerate warned of more price cutting and “fixed cost inflation” across its core Coles supermarkets business. Today shares swap hands for $40.15, compared to prices above $43 just last week as the theory […]

The Stock Markets Signal President Trump is Safe in the Oval Office

The Stock Markets Signal President Trump is Safe in the Oval Office

The Stock Markets Signal President Trump is Safe in the Oval Office $DIA, $SPY, $QQQ, $VXX Many people love President Donald Trump, and many hate him to the point of stress and hysteria, so much so that they are becoming obese as the result. I know a Trump hater that looks like he put on […]

Sydney Airport Holdings Ltd (ASX:SYD) Experiences Significant Delays

Sydney Airport Holdings Ltd (ASX:SYD) Experiences Significant Delays

Sydney Airport Holdings Ltd (ASX:SYD) Experiences Significant Delays Passengers were experiencing significant delays at Sydney Airport late on Wednesday after a storm knocked out a number of radio frequencies, cutting some communication between planes and the control tower. Airservices Australia, which manages the country’s air space, said there were “significant delays” to flights during the […]

Telstra Corporation Ltd (ASX:TLS) Sign Long-Term Solar Agreement

Telstra Corporation Ltd (ASX:TLS) Sign Long-Term Solar Agreement

Telstra Corporation Ltd (ASX:TLS) Sign Long-Term Solar Agreement Telstra has made its latest acquisition in the technology space with the telco picking up UK-based technology services business Company85. According to Telstra, the deal will help expand its services footprint internationally, with a particular focus on servicing the UK and European enterprise customers. Last week, Telstra […]

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights

BHP Billiton Limited (ASX:BHP) HEFFX Highlights A former adviser to BHP Billiton and doyen of the Australian equity capital markets scene has launched an extraordinary attack on the strategy of the resources giant, including questioning its board appointment of Business Council of Australia president Grant King. Brett Paton, who is now the chairman of Escala […]

Westpac Banking Corp (ASX:WBC) Adding AI Chatbots For Customer Service

Westpac Banking Corp (ASX:WBC) Adding AI Chatbots For Customer Service

Westpac Banking Corp (ASX:WBC) Adding AI Chatbots For Customer Service Westpac will be introducing chatbots to its workforce, to act as virtual customer service assistants and help customers with product questions and provide support for customers online. The bots will also work internally alongside Westpac staff to assist with commonly asked questions so bankers have […]

Whitehaven Coal Ltd (ASX:WHC) To Expand Out Of New South Wales

Whitehaven Coal Ltd (ASX:WHC) To Expand Out Of New South Wales

Whitehaven Coal Ltd (ASX:WHC) To Expand Out Of New South Wales The NSW government has fined Namoi Mining and Uralla Shire Council $15,000 after rain in August and September last year resulted in polluted stormwater being discharged into local waterways. NSW Environment Protection Authority (EPA) regional manager Lindsay Fulloon said both incidents were preventable with […]

Insurance Australia Group Ltd (ASX:IAG) Covers Methamphetamine Claims

Insurance Australia Group Ltd (ASX:IAG) Covers Methamphetamine Claims

Insurance Australia Group Ltd (ASX:IAG) Covers Methamphetamine Claims Analysts covering IAG are expecting a 47% increase in earnings in the three year’s time. This would see the EPS rise to $0.37 levels which would no doubt please investors who are used to an average of $0.35 over the past few years. Insurance Australia Group has […]

Qantas Airways Limited (ASX:QAN) Offers Direct Flights To Kangaroo Island

Qantas Airways Limited (ASX:QAN) Offers Direct Flights To Kangaroo Island

Qantas Airways Limited (ASX:QAN) Offers Direct Flights To Kangaroo Island QantasLink will offer direct flights to Kangaroo Island from Adelaide and Melbourne from December in a boost for the island’s tourism industry. There will be two flights a week from Melbourne but only during the height of tourist season from December 17 to January 28. […]

AMP Limited (ASX:AMP) HEFFX Highlights

AMP Limited (ASX:AMP) HEFFX Highlights

AMP Limited (ASX:AMP) HEFFX Highlights New Zealand corporate lawyer and current non-executive director of AMP Life Limited, Andrew Harmos, has been appointed to the board of AMP Limited. The AMP Limited share price is trading flat at $5.17 after the wealth management, insurance, and financial planning group updated investors on its latest growth strategy today. […]

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights

Woolworths Limited (ASX:WOW) HEFFX Highlights Australian children are going crazy over the discs that can be collected with certain items when shopping at Woolworths. There had already been angst over a shortage of some discs and a possible early end to the promotion. The discs are only available to shoppers who spend more than $20 […]

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights

Fortescue Metals Group Limited (ASX:FMG) HEFFX Highlights Fortescue Metals Group has launched a bond offering for US$1bn of senior unsecured notes. Proceeds from the issue will be used to pay down debt. Iron ore magnate and philanthropist, Andrew Forrest and his wife Nicola, have announced Australia’s largest philanthropic donation of $400 million for a variety […]

Commonwealth Bank of Australia (ASX:CBA) Warn Of Levy ‘Distortions’

Commonwealth Bank of Australia (ASX:CBA) Warn Of Levy ‘Distortions’

Commonwealth Bank of Australia (ASX:CBA) Warn Of Levy ‘Distortions’ Commonwealth Bank, NAB warn of levy ‘distortions’ Commonwealth and NAB join Westpac in warning bank levy will be passed on Bank executives say levy will hit ordinary Australians The CBA is the latest bank to be targeted by scammers Commonwealth Bank of Australia is a provider […]

United Overseas Bank Ltd (SGX:U11) First-Quarter Posted

United Overseas Bank Ltd (SGX:U11) First-Quarter Posted

United Overseas Bank Ltd (SGX:U11) First-Quarter Posted United Overseas Bank was downgraded by Zacks Investment from a “strong-buy” rating to a “hold” rating United Overseas Bank Posts Rise in 1Q Net Profit 5.4% rise in its first-quarter net profit from a year earlier Helped by higher net interest income and noninterest income and an increase […]

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights

Westpac Banking Corp (ASX:WBC) HEFFX Highlights Westpac says bank levy will cost it $260m Westpac says it cannot absorb bank levy and customers will have to help pay for it Westpac Bank gears up for second shot at Hastings Funds Wealthsource Partners LLC Takes Position in Westpac Westpac executive faces sexual harassment claim Consumer confidence […]

VIX (NYSEArca:VXX) Marks 10 yr Lows

VIX (NYSEArca:VXX) Marks 10 yr Lows

VIX (NYSEArca:VXX) Marks 10 yr Lows $VXX, $AUDUSD, $JPY, $EUR, $GBP After returning from the long May Day weekend, equity investors look undecided on whether to be Bullish or Bearish. Stocks across Asian markets were mixed Tuesday despite the CBOE Volatility Index (VIX), Wall Street’s ‘Fear Factor’  hitting its lowest marks in a decade. The low volatility was reflected […]

Incitec Pivot Ltd (ASX:IPL) Short Term Neutral Outlook

Incitec Pivot Ltd (ASX:IPL) Short Term Neutral Outlook

Incitec Pivot Ltd (ASX:IPL) Short Term Neutral Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 3.63. The projected upper bound is: 3.99. The projected lower bound is: 3.65. The projected closing price is: 3.82. Candlesticks […]

Fortescue Metals Group Limited (ASX:FMG) Bearish Trend

Fortescue Metals Group Limited (ASX:FMG) Bearish Trend

Fortescue Metals Group Limited (ASX:FMG) Bearish Trend Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 5.92. The projected upper bound is: 5.69. The projected lower bound […]

CSL Limited (ASX:CSL) Heffx Technical Analysis

CSL Limited (ASX:CSL) Heffx Technical Analysis

CSL Limited (ASX:CSL) Heffx Technical Analysis Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 135.03. The projected lower bound is: 127.38. The projected closing price is: 131.21. Candlesticks A white body […]

BHP Billiton Limited (ASX:BHP) Downward Trend

BHP Billiton Limited (ASX:BHP) Downward Trend

BHP Billiton Limited (ASX:BHP) Downward Trend Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 25.18. The projected lower bound is: 22.46. The projected closing price is: 23.82. Candlesticks A black body occurred (because prices closed lower than they opened). During the […]

AGL Energy Ltd (ASX:AGL) Bearish Divergence

AGL Energy Ltd (ASX:AGL) Bearish Divergence

AGL Energy Ltd (ASX:AGL) Bearish Divergence Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. The projected upper bound is: 27.59. The projected lower bound is: 25.74. The projected closing price is: 26.66. Candlesticks A black body occurred (because prices closed lower than they opened). During the […]

CSL Limited (ASX:CSL) Stock Overbought

CSL Limited (ASX:CSL) Stock Overbought

CSL Limited (ASX:CSL) Stock Overbought Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 134.25. The projected lower bound is: 126.60. The projected closing price is: 130.42. Candlesticks A white body occurred […]

Commonwealth Bank of Australia (ASX:CBA) Bearish Divergence

Commonwealth Bank of Australia (ASX:CBA) Bearish Divergence

Commonwealth Bank of Australia (ASX:CBA) Bearish Divergence Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 83.51. The projected upper bound is: 89.43. The projected lower bound is: 84.96. The projected closing price is: 87.19. Candlesticks A […]

Aurizon Holdings Ltd (ASX:AZJ) Stock Consolidating on the 70 RSI Line

Aurizon Holdings Ltd (ASX:AZJ) Stock Consolidating on the 70 RSI Line

Aurizon Holdings Ltd (ASX:AZJ) Stock Consolidating on the 70 RSI Line Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 5.42. The projected lower bound is: 4.96. The projected closing price is: 5.19. Candlesticks A white body occurred (because prices closed higher […]

Australia and New Zealand Banking Group (ASX:ANZ) Stock Floating Above the 70 RSI Line

Australia and New Zealand Banking Group (ASX:ANZ) Stock Floating Above the 70 RSI Line

Australia and New Zealand Banking Group (ASX:ANZ) Stock Floating Above the 70 RSI Line Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 33.32. The projected lower bound is: 31.60. The projected closing price is: 32.46. Candlesticks A white body occurred (because […]

AMP Limited (ASX:AMP) Start of a Bearish Divergence

AMP Limited (ASX:AMP) Start of a Bearish Divergence

AMP Limited (ASX:AMP) Start of a Bearish Divergence Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 5.10. The projected upper bound is: 5.49. The projected lower bound is: 5.13. The projected closing price is: 5.31. Candlesticks […]

Fortescue Metals Group (ASX:FMG) Heffx Technicals Long Term Bearish Trend

Fortescue Metals Group (ASX:FMG) Heffx Technicals Long Term Bearish Trend

Fortescue Metals Group (ASX:FMG) Heffx Technicals Long Term Bearish Trend Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 5.96. The projected upper bound is: 5.83. The […]

DEXUS Property Group (ASX:DXS) Bearish Divergence

DEXUS Property Group (ASX:DXS) Bearish Divergence

DEXUS Property Group (ASX:DXS) Bearish Divergence Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 9.69. The projected upper bound is: 10.37. The projected lower bound is: […]

Computershare Limited (ASX:CPU) Heffx Technicals Bearish Trend

Computershare Limited (ASX:CPU) Heffx Technicals Bearish Trend

Computershare Limited (ASX:CPU) Heffx Technicals Bearish Trend Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 14.35. The projected lower bound is: 13.32. The projected closing price is: 13.84. Candlesticks A white body occurred (because prices closed higher than they opened). During […]

Brambles Limited (ASX:BXB) Volatility is High in an Upward Trend

Brambles Limited (ASX:BXB) Volatility is High in an Upward Trend

Brambles Limited (ASX:BXB) Volatility is High in an Upward Trend Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 10.46. The projected lower bound is: 9.30. The projected closing price is: 9.88. Candlesticks A white body occurred (because prices closed higher than […]

Amcor Limited (ASX:AMC) Stock Technicals Long Term Bullish Trend

Amcor Limited (ASX:AMC) Stock Technicals Long Term Bullish Trend

Amcor Limited (ASX:AMC) Stock Technicals Long Term Bullish Trend Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 14.91. The projected upper bound is: 16.15. The projected […]

GPT Group (ASX:GPT) Heffx Technical Analysis

GPT Group (ASX:GPT) Heffx Technical Analysis

GPT Group (ASX:GPT) Heffx Technical Analysis Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 5.05. The projected upper bound is: 5.52. The projected lower bound is: […]

Caltex Australia Limited (ASX:CTX) Stock Technicals Bullish Trend

Caltex Australia Limited (ASX:CTX) Stock Technicals Bullish Trend

Caltex Australia Limited (ASX:CTX) Stock Technicals Bullish Trend Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 29.46. The projected upper bound is: 30.28. The projected lower bound is: 28.16. The projected closing price is: 29.22. Candlesticks […]

BHP Billiton Limited (ASX:BHP) Heffx Technicals Stock Bullish

BHP Billiton Limited (ASX:BHP) Heffx Technicals Stock Bullish

BHP Billiton Limited (ASX:BHP) Heffx Technicals Stock Bullish Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 25.41. The projected lower bound is: 22.60. The projected closing price is: 24.01. Candlesticks A […]

Australia and New Zealand Banking Group (ASX:ANZ) Buy, Sell or Hold?

Australia and New Zealand Banking Group (ASX:ANZ) Buy, Sell or Hold?

Australia and New Zealand Banking Group (ASX:ANZ) Buy, Sell or Hold? Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 30.85. The projected upper bound is: 32.72. The projected lower bound is: 31.01. The projected closing price […]

Aristocrat Leisure Limited (ASX:ALL) Heffx Technicals Stock Sitting Above the 70 RSI Line

Aristocrat Leisure Limited (ASX:ALL) Heffx Technicals Stock Sitting Above the 70 RSI Line

Aristocrat Leisure Limited (ASX:ALL) Heffx Technicals Stock Sitting Above the 70 RSI Line Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 17.77. The projected upper bound […]

AGL Energy Ltd (ASX:AGL) Heffx Technicals Stock Oversold

AGL Energy Ltd (ASX:AGL) Heffx Technicals Stock Oversold

AGL Energy Ltd (ASX:AGL) Heffx Technicals Stock Oversold Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 25.13. The projected upper bound is: 28.07. The projected lower […]

National Australia Bank (ASX:NAB) Heffx Technicals Stock Consolidating

National Australia Bank (ASX:NAB) Heffx Technicals Stock Consolidating

National Australia Bank (ASX:NAB) Heffx Technicals Stock Consolidating Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 31.96. The projected upper bound is: 33.46. The projected lower bound is: 31.82. The projected closing price is: 32.64. Candlesticks […]

Mirvac Group (ASX:MGR) Heffx Technicals Stock Consolidating

Mirvac Group (ASX:MGR) Heffx Technicals Stock Consolidating

Mirvac Group (ASX:MGR) Heffx Technicals Stock Consolidating Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 2.19. The projected upper bound is: 2.33. The projected lower bound […]

Lendlease Group (ASX:LLC) Heffx Technicals Bearish Divergence

Lendlease Group (ASX:LLC) Heffx Technicals Bearish Divergence

Lendlease Group (ASX:LLC) Heffx Technicals Bearish Divergence Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 14.93. The projected upper bound is: 16.14. The projected lower bound is: 15.27. The projected closing price is: 15.71. Candlesticks During […]