Latest
Lifestyle Communities posts FY26 turnaround with AUD 186.8m debt cut
Net debt fell 40.6% to AUD 273.7m as operating cash flow swung to AUD 94.9m. Shares rose 1.7% after FY26 profit after tax reached AUD 46.9m.
Chubb launches tailored insurance for Swiss investment managers
New Investment Management Insurance bundles D&O, professional indemnity and crime coverage for fund managers, private equity and venture capital firms. Policies adapt to corporate changes, including automatic inclusion of new funds.
LivePerson adjourns AI merger vote, reschedules to Sept. 2026
Preliminary results show over 97% support for SoundHound deal, but company remains short of required voting threshold. Special meeting adjourned after initial session.
Sika sells €1 billion hybrid bond in two tranches to European investors
Swiss specialty chemicals group places 30NC5.75 and 30NC8.75 bonds at 4.50% and 5.00% yields, respectively, with S&P assigning 50% equity credit.
MAAS Group posts 37% EBITDA rise, lifts buyback plan to 20% of shares
Underlying EBITDA surged 37% to AUD 300.3 million in H2 2026, while revenue climbed 27% to AUD 1.3 billion. The group expanded its buyback program to 20% of issued capital over 12 months.
China holds benchmark lending rates steady for 15th month in August
The People's Bank of China kept the one-year and five-year loan prime rates unchanged at 3.00% and 3.50%, respectively, as policymakers prioritize fiscal support over further monetary easing amid weak July economic data.
CSL shares rise 3.3% after FY26 results, buyback announced
Australia’s CSL advanced for a second day as investors digested stronger-than-expected earnings and a A$1.1 billion buyback program. Brokerage firms upgraded price targets following the FY26 results.
CK Hutchison seeks $1.5 bln in Panama port arbitration claim
Hong Kong conglomerate files claim after Panama's Supreme Court annulled port concessions, citing damages exceeding $1.5 billion. Dispute centers on Balboa and Cristobal terminals.
Canada regulator moves to block B&G Foods’ Green Giant sale to Nortera
Competition Bureau files tribunal challenge over proposed $1.2 billion deal for Green Giant and Le Sieur Canadian operations. B&G Foods vows to pursue alternatives.
Super Retail FY26 sales rise to $4.2bn as profit slips on transformation costs
Australia’s Super Retail Group posted record annual sales but normalized profit fell 7% as higher transformation costs weighed on margins. Shares surged 15.3% on the update.
Sonic Healthcare posts 13% revenue rise but shares drop on FY2026 outlook
Australia’s largest pathology provider reported A$10.9 billion in revenue for FY2026, up 13% year-over-year, but its stock fell 9.2% after missing earnings expectations and flagging margin pressures in key markets.
Emeco’s FY26 results show maintenance shift boosts returns, buyback approved
Emeco Holdings reported a 5% rise in FY26 net profit as maintenance services drove revenue growth, while the board greenlit a 10% share buyback. Net debt fell to $127.1 million.
Global bond yields surge to multi-decade highs on US turmoil
US long-term borrowing costs hit 2007 highs, dragging G7 yields higher amid Iran war, inflation fears and political uncertainty. Central bank responses remain uncertain.
Earnings call transcript: Peter Warren Automotive falls on H2 2026 profit drop
Finance Review Daily is tracking this developing story; further verified details were not immediately available.
19 Brazilian cities join Vale-BHP dam collapse compensation deal
Total compensation package reaches 170 billion reais as 45 of 49 eligible municipalities now participate. Four cities remain outside the agreement.
ASP Isotopes outlines commercialization roadmap at Emerging Growth Conference
CEO Paul Mann details multi-phase expansion plans for helium, LNG, and medical isotopes, targeting $300 million EBITDA by 2031. Stock has fallen 73% from 52-week high.
Mexico’s central bank holds rates at 6.5% amid inflation concerns
Banxico signals prolonged pause as services inflation remains sticky, while peso gains 6% in 2026.
Optimism shifts 546.9M OP tokens from airdrops to ecosystem fund
Governance proposal reallocates tokens to drive institutional adoption and network growth, despite opposition over unfulfilled user promises.
Emeco targets 20% ROC with $127.6m FY26 free cash flow
Australia’s largest mining equipment renter posts 16.9% return on capital, approves 10% buyback after FY26 results. Maintenance revenue now 50% of gross.
Codan posts 69% profit surge on defence, gold detector demand
ASX-listed Codan reported FY26 net profit of $175.2m, up 69% YoY, as defence and metal detection revenues surged. Shares rose 11.8% to $48.61.
Brambles FY26 profit hit by U.S. repair constraints, recovery plan outlined
Underlying profit rose 4% to $1.49 billion despite $90 million hit from U.S. repair bottlenecks, with a $25 million repair expansion plan set for FY28. Dividend maintained at 46.15 cents per share.
China holds loan prime rates steady for 15th month in August
The People's Bank of China kept the one-year and five-year loan prime rates at 3.00% and 3.50%, respectively, as weak domestic demand and banking sector constraints limited policy options.
U.S. 30-year Treasury yield jumps 5.4 bps after debt buyback plan
Long-dated U.S. bond yields rose after the Treasury announced a larger debt buyback program, while global stocks edged higher following four straight sessions of declines.
Goodman Group posts 10.1% FY2026 profit rise, targets 9% FY2027 EPS growth
Australia’s industrial and data center specialist Goodman Group reported a 10.1% jump in FY2026 operating profit to AUD 2.675 billion and set a 9% EPS growth target for FY2027. The group’s data center pipeline surged to AUD 19.7 billion.