Shares in bionic ear maker Cochlear Ltd [ASX:COH] shot up this morning, gaining more than 6.3% to regain in one session what they had lost in the previous five weeks.
Collins Foods made a $10 million loss for the year. And it’s all Sizzler’s fault. Collins Foods’ revenue was up by 29.7%, to $571.6 million.
On Thursday morning, NAB [ASX:NAB] released its 2015 half year results. It was mostly good news for the bank, which is facing the same competitive pressures.
ANZ posted their half year results this morning. It was a mixed bag for the bank. On one hand, cash profits went up $3.68 billion, or 4.6%. Net profit was up 3% to $3.51 billion.
As soon as the central banks try to withdraw stimulus, the economy and markets slump. The West is only six years into its super-low rate interest rate experiment.
With bank deposit rates at record lows, investors have turned to the stock market for income. And companies have stepped up to the crease.
Early this morning, GWA Group announced it would be giving shareholders a capital return of 28.8c per share.
I have something that might be of interest to you. Over the weekend, we launched a new service focussed on income investments called Total Income.
A huge amount of money has flowed into the stock market over the last three or four years. Higher yields have attracted income hungry investors.
A huge amount of money has flowed into the stock market over the last three or four years. Higher dividend yields have attracted income hungry investors...