EML Payments Management Shake Up | AlecNews.Com
EML payments (ASX:EML) announced changes to its leadership as part of its commitment to the EML 2.0 strategy. The Company has terminated the employment of Managing Director and Chief Executive Officer Ron Hines, effective December 21, 2024. Hines will receive…
Investment size and longevity theme draw defense investors – AlecNews.Com
Three main aspects that make defense stocks particularly attractive are the scale of investments, their longevity and diverse investment options, according to an asset manager. In addition, Trump’s second term is expected to give a significant boost to US and…
News Corp sells Foxtel for $3.4 billion
News Corporation (ASX:NWS) announced the sale of its 65% stake in Foxtel Group to DAZN Group Ltd for an enterprise value of $3.4 billion. Under the terms of the deal, News Corp will receive a payout of $578 million in…
FBR’s masonry robot completes the demonstration program
FBR (ASX:FBR) completed its demonstration program in Florida, demonstrating the capabilities of its Hadrian X robotic technology. The program, conducted in collaboration with CRH Ventures, involved the construction of the exterior walls of nine homes using concrete masonry blocks supplied…
Australia’s tech sector is being forced to look overseas for talent – AlecNews.Com
Australian Information Industry Association (AIIA) 2022 Annual Survey Results. show that 75 percent of companies are actively recruiting, but a sharp decline in recruiting local talent has been found. As the talent shortage in Australia’s tech sector continues, the AIIA…
China ban on US mineral exports could unlock long-term gains for Australia – AlecNews.Com
China’s recent ban on exports of critical minerals – including gallium, germanium, antimony and superhard materials – has sparked discussions about potential opportunities for Australia. However, the scale and timing of these benefits remain uncertain, according to AMP chief economist…
Four of 2024’s Biggest Earners
Some of the best performers in the past year with a market capitalization of more than $150 million. Mesoblast (ASX:MSB) Market cap: $3 billion Profit in 1 year: 775% Current price: $2.63 Mesoblast specializes in developing drugs that treat severe…
Nuveen Unveils US Private Credit Revenue Strategy Down Under – AlecNews.Com
Nuveen has expanded access to its private equity platform for Australian wholesale investors with the launch of the Nuveen Churchill Private Credit Income Fund (PCAP). According to Nuveen, the fund has already secured early investments from several local wealth managers,…
Top Investment Tips From Industry Leaders: Part 2 – AlecNews.Com
In this second edition of our Holiday Stock Picks installment, we bring you picks spanning clean energy, healthcare, emerging markets and technology. These selections highlight sectors poised to benefit from developing trends and emerging demand. Kieran Moore, Portfolio Manager,…
North Investment Platform’s AUM tops $5 billion – AlecNews.Com
AMP reported that assets under management (AUM) for North’s range of managed portfolios exceeded $5 billion – a 140% increase over the past year. The news coincides with the announcement that three new portfolios will be added to the platform…