(Reuters) - Westpac Banking Corp has pushed back the closures of its regional branches until at least 2027 and will invest more than A$150 million over the next two years to improve services at these branches, the lender said early on Wednesday. "Westpac is extending its moratorium on regional branch closures until at least 2027 while it strengthens regional banking services," Australia's third-largest lender in terms of market valuation said in a media statement. "This commitment will... Read more ..read more

April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market As April comes to a close, it’s time to compile the rankings for the top-performing sector and industry exchange-traded funds of the month. Taking a broader look at the stock market, the S&P 500 Index, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), finished April on a downturn, declining by approximately 3%. This marks the end of a five-month streak of gains. Similarly, the tech-heavy Nasdaq... Read more ..read more

ResMed Inc. (NYSE:RMD) Q3 2024 Earnings Call Transcript April 25, 2024 ResMed Inc. beats earnings expectations. Reported EPS is $2.13, expectations were $1.91. ResMed Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello. And welcome to the Q3 Fiscal Year 2024 ResMed Earnings Conference Call. My name is Kevin, and I’ll be your operator for today’s call. At this time, all participants are in a listen... Read more ..read more

(Reuters) - Westpac Banking Corp has pushed back the closures of its regional branches until at least 2027 and will invest more than A$150 million over the next two years to improve services at these branches, the lender said early on Wednesday. "Westpac is extending its moratorium on regional branch closures until at least 2027 while it strengthens regional banking services," Australia's third-largest lender in terms of market valuation said in a media statement. "This commitment will... Read more ..read more

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday Ahead of FOMC Meeting >>> Read more: Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday Ahead of FOMC Meeting ..read more

Passive investing in index funds can generate returns that roughly match the overall market. But one can do better than that by picking better than average stocks (as part of a diversified portfolio). To wit, the Reliance Worldwide Corporation Limited (ASX:RWC) share price is 23% higher than it was a year ago, much better than the market return of around 4.3% (not including dividends) in the same period. That's a solid performance by our standards! However, the stock hasn't done so well in... Read more ..read more

VANCOUVER, BC, April 30, 2024 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has entered into a placement agreement dated April 30, 2024 (the "Placement Agreement") with a lead manager and bookrunner in Australia, Aitken Mount Capital Partners (the "Lead Manager"), to arrange and manage, and to provide settlement support for, an offering of 16,129,032 common shares (the "Shares") of the Company, at a price of C$11.11... Read more ..read more

The main aim of stock picking is to find the market-beating stocks. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term Mirvac Group (ASX:MGR) shareholders for doubting their decision to hold, with the stock down 26% over a half decade. Even worse, it's down 12% in about a month, which isn't fun at all. It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming... Read more ..read more

Key Insights Using the 2 Stage Free Cash Flow to Equity, Evolution Mining fair value estimate is AU$5.58 Evolution Mining's AU$4.12 share price signals that it might be 26% undervalued Analyst price target for EVN is AU$3.95 which is 29% below our fair value estimate Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Evolution Mining Limited (ASX:EVN) as an investment opportunity by estimating the company's future cash flows and discounting... Read more ..read more

Domino's Pizza Inc.’s (DPZ) shares climbed 5.6% after the company reported first-quarter 2024 adjusted earnings per share of $3.58, surpassing the Zacks Consensus Estimate of $3.37. Shares of Franklin Resources Inc. (BEN) plummeted 6.4% after reporting first-quarter 2024 adjusted earnings per share of $0.56, missing the Zacks Consensus Estimate of $0.57. ON Semiconductor Corp.’s (ON) shares surged 4.1% after the company posted first-quarter 2024 adjusted earnings per share of $1.08... Read more ..read more