Daily stock stories, explained in depth
One company a day from the US, UK, Canadian and Australian markets: what changed, why it matters, and what decides it next.
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UKLloyds Black Horse Brand Closure|Cost Savings vs Bank Surcharge Above 3%?Lloyds Banking Group is retiring its Black Horse car finance brand and merging it with two others under one name, Lloyds Auto. Lloyds is… -
AUBHP 300 Pilbara Job Cuts|Cost Squeeze After 30% Profit Rise?BHP is cutting about 300 jobs at its Pilbara iron ore mines in Western Australia, as fuel and shipping costs rise. Yet in its latest… -
USGlobalFoundries $21 Billion Japan-Funded Chip Fabs|Operator Fees Instead of Ownership?GlobalFoundries has been picked to run two new chip factories in Malta, New York, funded by Japan with up to 21 billion dollars. It pays… -
UKAnglo American De Beers Sale|Botswana's 25% Stake as Key to a $1bn Exit?Anglo American's sale of De Beers moved closer as Botswana was reported nearing a deal to hold about 25 per cent. Yet that sale was… -
CAEnbridge $4-Billion Gas Pipeline Expansion|Per-Share Payoff After 44.7 Million New Shares?Enbridge has started building Sunrise, a four-billion-dollar expansion of its natural gas pipeline system in British Columbia. In… -
AURegis Resources heritage ruling|$1.3 billion gold mine back to the minister?Regis Resources has won its Federal Court challenge against the Aboriginal heritage order that blocked its McPhillamys gold mine. Yet the…
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