Podcasts about star entertainment group

Han Bailey has worked with some of the largest brands and loyalty programs in Australia and the US, including The Star Entertainment Group, David Jones, NewsCorp, Qantas, Global Red, Brierley & Partners, and Coca-Cola.Now consulting for a range of businesses and mentoring emerging loyalty talent, Han brings a commercial perspective to loyalty and a deep understanding of building programs from the ground up.Today's conversation explores her journey—from an unexpected start in loyalty to developing and delivering some of the industry's most well-known programs.Hosted by Carly Neubauer Show Notes:1) Han Bailey2) Carly Neubauer 3)The Gift: A Survivor's Journey to Freedom by Edith Eger **********************************************************************************This episode is sponsored by Phaedon. Visit their website to learn more about how they're powering the world's most beloved loyalty programs at www.wearephaedon.com

Star Entertainment Group is facing a very uncertain future. But if it does go under, it wouldn't be the first large listed company to fail.Damon Callaghan, Partner, Investments, at ECP Asset Management, talks to Sean Aylmer about previous collapses (and near-collapses), what they mean for investors, and what they should look for to avoid being caught up in them.This is general information only and you should seek professional advice before investing.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Wall St started the new trading week sharply lower as investors brace for the impact of Trump's tariffs on Mexico and Canada, of which come into effect on Tuesday US time. The Dow Jones fell 2.1%, the S&P500 lost 2.3% and the tech-heavy Nasdaq ended the day down a sharp 3.2%. Investor hopes of a last-minute deal to prevent the tariffs from going ahead were dashed in afternoon trade after President Trump reiterated the 25% levies on imports from Mexico and Canada will go ahead from Tuesday. Companies that face a direct hit from the tariffs tumbled yesterday including Ford and General Motors.Over in Europe on Monday, markets closed higher as defence stocks continue to surge amid renewed spend in the sector. The STOXX 600 rose 1.1%, Germany's DAX rose 2.6%, the French CAC added 1% and, in the UK, the FTSE 100 ended the day up 0.7%.Across the Asia region on Monday, markets mostly rose as investors awaited clarity on Trump's tariff plans. Japan's Nikkei rose 1.7%, Hong Kong's Hang Seng rose 0.44%, Taiwan's Taiex index fell 1.3% and China's CSI index closed down just 0.04%.Locally on Monday the ASX started the new trading month in the green with the key index posting a 0.9% rise at the closing bell and all sectors ended the day higher led by Energy stocks rising 2.02%. The positive market sentiment comes ahead of a wave of tariff implications out of the US commencing this week which is set to shake up market returns and outlook, while we are also bracing locally for the latest slew of economic data with the GDP reading out later in the week. The energy rally on Monday was amid investor outlook for the price of oil to rise when tariffs on Mexico and Canada come into effect as they are two major exporters of crude.Embattled casino operator Star Entertainment Group shares were suspended on Monday following a trading halt after the company failed to lodge accounts to the ASX for reporting season.Medical imaging giant Pro Medicus jumped 3.2% on Monday after the company signed yet another deal to roll out its core imaging tools. The deal worth $40m is with US radiology provider LucidHealth and will see Pro Medicus devices and systems rolled out throughout the LucidHealth network.What to watch today:Ahead of Tuesday's trading session here in Australia the SPI futures are anticipating the ASX will open the day down 1.35% following Wall Street's tumble overnight.On the commodities front this morning oil is trading 2.3% lower at US$68.16/barrel, gold is up 1.11% at US$2888.53/ounce and iron ore is down 0.21% at US$106.90/tonne.The Aussie dollar has weakened against the greenback to buy US$0.62, 92.84 Japanese Yen, 49.13 British Pence and NZ$1.11.Trading Ideas:Bell Potter has maintained a buy rating on Harvey Norman (ASX:HVN) and have raised the 12-month price target on the home goods giant to $6.00/share following the release of 1H25 results including some key beats in the Australian franchising division and also in the NZ operations. Single digit earnings growth across most metrics was reported and the analyst increased the 12-month price target due to multiple catalysts near-mid-term such as improving sales trends and the growing AI movement.And Bell Potter has slightly increased the 12-month price target on Bub's Australia (ASX:BUB) to 15.5cps and maintain a hold rating on the infant formula producer following the release of the company's 1H25 results including net revenue growth of 24% to $48.5m, EBITDA of $0.5m compared to a loss of $6.8m in the PCP, and outlook for net revenue target for FY25 of $102m. The analyst sees Bub's continues to make inroads into the US however remains cognisant of the potential impact of tariffs (if any).

Coles has announced a jump in earnings to over $1.1 billion for the past six months and beats expectations. Star Entertainment Group is fighting a race against time to find new investors ASAP - or else - it may collapse. Nvidia suffered a nearly $500 billion USD fall in its market value after reporting better-than-expected results? _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Casinos are usually synonymous with high rollers and high stakes. But running a business of the size and scale of a casino comes with big risks and big expenses – despite having a possibly never-ending stream of clientele addicted to participating in what you’re selling. The Star Entertainment Group – who operate casinos in Sydney, Brisbane and the Gold Coast – entered a trading halt, minutes before the Australian share market opened today, after failing to post its half-year financial results. On this catch-up episode of The Briefing, gambling expert and associate professor at Monash University Charles Livingstone joins Chris Spyrou to explain how we got here. Follow The Briefing: TikTok: @listnrnewsroom Instagram: @listnrnewsroom @thebriefingpodcast YouTube: @LiSTNRnewsroom Facebook: @LiSTNR NewsroomSee omnystudio.com/listener for privacy information.

Laura is back with Stevie again today on a day where the market has seen its best performance in around three weeks recovering from the recent market volatility. They reflect on the local market with the energy sector being the only one to see declines, discuss the stocks that saw the largest moves including Newscorp and Star Entertainment Group. Gold prices continue to grow amid the market uncertainty and Laura and Stevie look at what to expect in the days ahead. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Headlines: Israel and Hamas reach ceasefire deal, Bill Shorten to leave politics nine days early, Coles to ban the sale of knives after staff stabbed and Vukic and de Minaur through to round three of the AO, Kokkinakis and Tomljanović crash out. Deep Dive: Casinos are usually synonymous with high rollers and high stakes. But running a business of the size and scale of a casino comes with big risks and big expenses – despite having a possibly never-ending stream of clientele addicted to participating in what you’re selling. With that in mind – how did we end up in a situation where our largest publicly traded casino operator is in serious financial trouble? The Star Entertainment Group – who operate casinos in Sydney, Brisbane and the Gold Coast – could be broke within weeks.Charles Livingstone is a gambling expert and associate professor at Monash University – he joins Chris Spyrou on this episode of The Briefing to explain how that’s possible and what we need to know about what might happen over the coming months. Follow The Briefing: TikTok: @listnrnewsroom Instagram: @listnrnewsroom @thebriefingpodcast YouTube: @LiSTNRnewsroom Facebook: @LiSTNR NewsroomSee omnystudio.com/listener for privacy information.

Wall St closed mixed again on Tuesday as investors await key inflation data out in the region on Wednesday US time and following the release of a lighter-than-expected producer price index report. The Dow Jones rose 0.52%, the S&P500 gained 0.11% and the tech-heavy Nasdaq ended the day down 0.23%. The US PPI index which measures wholesale inflation increased just 0.2% in December which was below the 0.4% economists were expecting and indicates inflation is continuing to cool in the US.In Europe overnight, markets in the region closed mixed with the STOXX 600 falling 0.08% while the UK's FTSE 100 shed 0.28%, but in Germany the DAX rose 0.7% and in France, the CAC ended the day up 0.2%.Across the Asia region on Tuesday, markets mostly rose, tracking investor moves in the US out of tech stocks and into other areas of the market. Hong Kong's Hang Seng rose 1.9% on Tuesday, South Korea's Kospi Index gained 0.31%, and China's CSI index added 2.63%, but Japan's Nikkei was the outlier with a fall of 1.83% yesterday.The local market rose 0.48% on Tuesday despite global market turbulence on Monday. Rising bond yields and strength in the US economy spooked investors late last week with concerns the Fed will not cut rates again at least in the near-term, but locally, investor optimism has risen early in the week to send the key index higher for the last 2-days.The energy and materials sectors did most of the heavy lifting yesterday driven by a rally for oil and iron ore prices on favourable outlook on a global scale.Westpac consumer confidence data out yesterday for January indicated consumer pessimism persists with a decrease of 0.7%, following on from the 2% decrease in December. While the reading is a second decline in consumer sentiment, the level is still above that from a year ago and signals consumers are expecting a gradual improvement in conditions in 2025.Star Entertainment Group once again led the gains on Tuesday with a gain of 12% at the closing bell despite the embattled casino operator being around 6-weeks away from collapse with just $79m left in the bank. Investors were buying in again yesterday after a mystery Macau businessman continued buying up shares in the stock with another 28m purchased by Xingchun Wang yesterday.And in the retail space City Chic shares rose over 11% as investors welcomed the plus size fashion retailer's first half trading update including strong sales over the holiday period, reduced inventory and a return to profitability.The winning stocks on the ASX200 yesterday were led by Ingenia Communities Group rallying 13.05%, Star Entertainment Group rising 12% and Polynovo adding 6.4%.And on the losing end Life360 fell 3.3%, West African Resources lost 3.12% and HMC Capital ended the day down 2.45%.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.07%.The Aussie dollar has further weakened overnight to buy US$0.61, 97.79 Japanese Yen, 50.79 British Pence and 1 NZ$1.11.On the commodities front this morning, oil has retreated 1.42% to trade at US$77.68/barrel, gold is up 0.08% at US$2670/ounce and iron ore is up 0.64% at US$98.72/tonne.Trading Ideas:Bell Potter has maintained a spec buy rating and 12-month price target of $1.30/share on Opthea (ASX:OPT) following the release of Phase 3 trials baseline data being released leading to confidence in the company's sozinibercept combination therapy in diabetic macular edema as the Phase 3 patient populations are broadly similar to those included in the previous Phase 2b trials. The analyst is also confident with Opthea's cash runway with $130m in the bank.And Trading Central has identified a bearish signal on SkyCity Entertainment (ASX:SKC) following the formation of a pattern over a period of 98-days which is roughly th

Wall St closed sharply lower on Friday as a hot job report out in the US dampened expectations for further interest rate cuts out of the Fed this year. The Dow Jones fell 1.63%, the S&P500 lost 1.54% and the tech-heavy Nasdaq ended the day down 1.63%. In December US payrolls grew by 256,000 which was well above the 155,000 economists were expecting. While this strong jobs report is good to signal a robust economy, it is not good for market sentiment on the rate cut front as a strong labour market leads to higher income and consumer spending which in-turn drives inflation.The negative market sentiment flowed into the European region on Friday with markets in Europe also closing the day lower. The STOXX 600 fell 0.83%, Germany's DAX lost 0.5%, the French CAC slid 0.79% and, in the UK, the FTSE100 ended the day down 0.86%. Eurozone bond yields also rose on Friday which pressured equities in the region.Across the Asia region on Friday, markets mostly fell as real household spending in Japan declined 0.4% YoY in November while average real household income rose 0.7% in the same period. Japan's Nikkei fell 1.05%, China's CSI index lost 1.25%, Hong Kong's Hang Seng fell 0.95% and South Korea's Kospi Index ended the day down 0.24%.Locally on Friday the ASX200 fell 0.42% as all sectors aside from materials stocks ended the day in the red, led by financials stocks declining 1.17%. The miners had a much-needed relief rally following days of depreciation on the back of a rise in the price of iron ore, while the banks took the biggest hit on broker downgrades within the sector. Star Entertainment Group fell a further 15.8% on Friday, extending heavy losses into a third session as investor concerns grow over the future of the embattled casino operator.Insignia Financial on the other hand rallied over 2% on reports a 3rd bidder, Brookfield, is weighing up a bid for the superannuation and wealth giant.What to watch today:Ahead of the first trading session of the new week the SPI futures are anticipating the ASX will open the day down 0.86% tracking Wall St losses on Friday.On the commodities front this morning, oil is trading 3.6% higher at US$76.57/barrel, gold is up 0.6% at US$2685/ounce, and iron ore is flat at US$98.09/tonne.The Aussie dollar has further weakened to buy 61.48 US cents, 97.00 Japanese Yen, 50.35 British Pence and 1 New Zealand dollar and 11 cents.Trading Ideas:Bell Potter has downgraded the rating on Avita Medical (ASX:AVH) from a speculative buy to a speculative hold and have reduced the price target on the company from $4.60 to $3.50 after the company updated its guidance for FY24 with Q4 revenue now expected at US$18.4m which is well below the previously issued guidance range of US$22.3m to $24.3m amid a weaker response than expected from the recent launch of Recell Go.And Trading Central has identified a bullish signal on JB Hi-Fi (ASX:JBH) following the formation of a pattern over a period of 23-days which is roughly the same amount of time the share price may rise from the close of $96.40 to the range of $101.75 to $103.00 according to standard principles of technical analysis.

Over in the US on Tuesday, all eyes are on the Fed as the final FOMC meeting for 2024 kicks off today with the expectation that the US central bank will announce a second cut to the nation's cash rate to end 2024 with a cash rate of 4.25% to 4.5%. The Dow Jones broke a record overnight after posting its 9th straight losing day, the longest streak since 1978, while the S&P500 lost 0.4% and the Nasdaq ended the day down 0.32%.Across Europe overnight, markets closed mostly lower as investors await key central bank decisions out later in the week. The STOXX 600 fell 0.41%, Germany's DAX lost 0.33%, the French CAC rose 0.12%, and, in the UK, the FTSE100 ended the day down 0.81%. The Bank of England meets on Thursday this week with markets pricing in only a slight chance of a final rate cut for the year.And across the Asia region on Tuesday, markets closed lower with Japan's Nikkei falling 0.24%, while South Korea's Kospi Index lost 1.29%, and Hong Kong's Hang Seng ended the day down almost half a percent.The local market overturned the recent red run to close higher on Tuesday as a rebound in healthcare stocks and the big banks boosted the key index to a 0.78% gain at the market close. Industrials stocks led the gains on Tuesday followed by the two growth sectors of tech and real estate, while materials and energy stocks came under pressure following the release of weak economic data out of China on Monday.ANZ Roy-Morgan consumer confidence data also out yesterday impacted investor sentiment as consumer confidence dropped 1.6 points to 83.9 points in mid-December following a strong period of spending in the Black Friday sales period for Aussie consumers.Battery metals and tech company Novonix rallied 5.5% yesterday after the company announced it has received a conditional loan worth US$755m from the US department of energy to proceed with the construction of a manufacturing plant in Tennessee for the production of synthetic graphite, a key ingredient of lithium-ion batteries.Star Entertainment Group's challenges escalated yesterday after Kate Williams, who was appointed deputy company secretary in July this year, became the latest of a number of the leadership team to stand down amid a very challenging time for the casino operator over the last 12-months. Just days ago, Mark Mackay resigned as Chief Executive Officer of the Star's Gold Coast operations effective immediately, after just over 3 months in the role. Shares in Star are down 63% YTD. The casino operator did however also announce today the appointment of a new group CFO, Mr Frank Krile who, if approved through required processes, brings extensive experience from his time at Lendlease.Data 3 shares tumbled 9.84% after the company announced changes to the incentives it receives for the provision of Microsoft services effective from January 1, 2025. The reduction in incentives earned by Data 3 from its provision of Microsoft services is expected to impact FY24 gross profit by 3% but is not expected to have a material impact on future earnings according to the release by Data 3 yesterday.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open Wednesday's session down 0.17% taking lead from Wall Street's slide overnight.On the commodities front this morning, oil is trading 1.18% lower at US$69.87/barrel, gold is down 0.25% at US$2644/ounce, and iron ore is up 0.1% at US$105.41/tonne.The Aussie dollar has further weakened against the greenback overnight to buy US$0.63, 97.23 Japanese Yen, 50 British Pence and NZ$1.10.Trading Ideas:Bell Potter has maintained a sell rating on Fortescue (ASX:FMG) but have raised the 12-month price target on the mining giant following some recent share price appreciation. The analyst sees slight EPS growth in 2025 based on slightly higher iron ore pr

Wall Street closed in record territory again on Friday to close out a very strong November month for equities with the Dow Jones rising 0.42% to a record 44,910.65, the S&P 500 added 0.56% to a record 6032.38, and the Nasdaq ended the day up 0.83%. Chip stocks rallied on Friday on reports that the Biden administration was considering additional barriers on the sale of semiconductor equipment to China that weren't as strong as previously expected.In Europe on Friday, markets closed higher on the back of the latest eurozone inflation data being released indicating a rise to 2.3% in November from 2% in November, which is above the ECB's target of 2% but in line with economists' expectations. The STOXX 600 rose 0.96% on Friday, Germany's DAX rose 1.04%, the French CAC added 0.78% and, in the UK, the FTSE100 ended the day up 0.07%. Across the Asia region on Friday, markets closed in the mostly red led by South Korea's Kospi index falling 1.95%, following the release of key economic data in the region. South Korea's decline was due to industrial production growth falling 0.3% in October compared to September, while Tokyo's inflation rate rose to 2.6% up from 1.8% in October, which led the Nikkei to fall 0.4% on the rise in inflation. Hong Kong's Hang Seng rose 0.2% on Friday while China's CSI index ended the day up 1.14%.Locally on Friday, the ASX closed out the last trading session for November 0.1% lower as a broad sell off led by REIT stocks offset a strong 0.82% rally for the materials sector. Despite the weakness on Friday, the key index posted 2 record closes in the final trading week of November.Select Harvest shares fell 5.4% on Friday despite the almond producer reporting a return to profitability through posting NPAT of $1.5m which is a significant turn around from the $114.7m net loss posted in FY23.And embattled casino operator Star Entertainment hit a record low share price on Friday of 18cps following a rating downgrade from Macquarie. The broker downgraded Star to an underperform rating after the company reported an earnings loss of $27m in the first four months of the new financial year.What to watch today:Ahead of Monday's trading session the SPI futures are anticipating the ASX to open the first trading day of December up 0.25% on the back of Wall Street's record close on Friday and ahead of learning how strong the Black Friday sales were on the Friday just gone.On the commodities front this morning oil is trading 0.43% lower at US$68.63/barrel, gold is up 0.72% at US$2657.79/ounce and iron ore is up 0.26% at US$102.44/tonne.The Aussie dollar has weakened to buy US$0.65, 97.58 Japanese Yen, 51.16 British Pence, and NZ$1.10.Trading Ideas:Bell Potter has downgraded the rating on QBE Insurance (ASX:QBE) from a buy to a hold and have raised the 12-month price target on the insurance group from $19.05 to $19.20 following the release of a Q3 trading update including gross written premiums up just 2%, premium rate increases across the group reduced from over 8% a year ago to 4.9% at Q3, and full year guidance unchanged. The reason for the downgrade to a hold is the benign Q3 update against shares performing well over the recent period.And Trading Central has identified a bullish signal on Myer (ASX:MYR) following the formation of a pattern over a period of 23-days which is roughly the same amount of time the share price may rise from the close of $1.06 to the range of $1.20 to $1.24 according to standard principles of technical analysis. 

Over in the US on Tuesday, rising bond yields are pressured equities for a second session this week. The US 10-Year Treasury note yield briefly topped 4.2% for the first time in months before pulling back. The Dow Jones fell 0.02%, the S&P 500 lost 0.05% lower but the tech heavy Nasdaq ended the day up 0.18%.In Europe overnight, markets closed lower as investors assessed key corporate earnings results. The STOXX 600 fell 0.2%, Germany's DAX also lost 0.2%, the French CAC fell 0.01% and, in the UK, the FTSE100 ended the day down 0.14%.Across the Asia region on Tuesday, markets closed mostly lower in the region tracking global market sell-offs early in the week. China's CSI index bucked the sea of red to rise 0.57% on Tuesday while South Korea's Kospi Index fell 1.31%, and Japan's Nikkei lost 1.39%. Hyundai Motor shares debuted on India's stock exchange on Tuesday with a record IPO but shares ended the day down 7%.The local market started the week higher before closing 1.66% lower on Tuesday in line with the Wall Street's pullback on Monday. With markets now factoring the need for a less aggressive rate cut strategy out of the US as inflation eases and the economy remains resilient, investors are now questioning how much steam the local and global market rally has left.Mineral Resources and WiseTech Global have been under pressure this week amid news and respective investigations into those at the helm of the mining and logistics technology company alike.Audinate Group fell over 6% on Tuesday after the media software provider released a quarterly update outlining weak performance in a challenging operating environment was the key reason for full-year gross profit missing the target.Toll roads operator Transurban also fell almost 2% yesterday despite reaffirming FY25 distribution guidance of 65cps and reported growth in traffic across its key markets aside from Melbourne.One element of positivity in the Aussie market yesterday was Australian consumer confidence jumping to its highest level since January last year last week with a rise to 87.5 points, or a 4.1 point rise as the outlook for inflation eases and consumer sentiment was boosted by strong Australian jobs data also released last week.Wine exports from Australia also climbed 34% to $2.39bn in the 12-months to the end of September which is a welcomed boost for listed companies like Treasury Wine Estates which has faced tougher operating conditions prior to China lifting its tariffs on Aussie wine exports recently.What to watch today:Ahead of the midweek trading session here in Australia the SPI futures are expecting the ASX to open the day up 0.28% despite the pullback on Wall St on Tuesday.On the commodities front this morning oil is trading 2.26% higher at US$71.63/barrel, gold is up 0.92% at US$2746/ounce, and iron ore is down 0.13% at US$105.23/tonne.The Aussie dollar has weakened against the greenback overnight to buy US$0.66, 101.03 Japanese Yen, 51.39 British Pence and NZ$1.11.Trading Ideas:Bell Potter has decreased the 12-month price target on Select Harvests (ASX:SHV) from $4.95 to $4.60 and maintain a buy rating on the almond producer following a disappointing FY24 update including a capital raising and the guidance for FY24 underlying EBIT of $17-19m which is lower than Bell Potter was expecting. Bell Potter maintains the buy rating due to recent strengthening in almond prices driving upside potential.And Trading Central has identified a bearish signal on The Star Entertainment Group (ASX:SGR) following the formation of a pattern over a period of 17-days which is roughly the same amount of time the share price may fall from the close of 27cps to the range of 15 cps to 17 cps according to standard principles of technical analysis.

It was a mixed session to end the week on Wall St on Friday with the Dow Jones rallying 0.33% to a fresh record high while the S&P500 lost 0.13% and the Nasdaq ended the day down 0.4%. Encouraging inflation data boosted investor appetite for stocks on the Dow Jones industrials index. August's personal consumption expenditures price index, which is the Fed's preferred measure of inflation, increased 0.1% in the month which met economists' expectations on a monthly basis, but the index rose 2.2% YoY which fell short of economists' forecasts of 2.3%. While inflation remains under control the Fed can focus on a sustained rate cut outlook to stabilise the US economy.Across the European region on Friday, markets closed in record territory as investors welcomed China's new stimulus announcement and investors assessed key economic data. The STOXX 600 rose 0.52% to a record high while Germany's DAX added 1.22%, the French CAC rose 0.64% and, in the UK, the FTSE100 ended the day up 0.43%. France and Spain both reported preliminary inflation data that showed a drastic drop in inflation in the regions which was welcomed by investors on Friday.Across the Asia markets on Friday, markets rallied led by China's CSI index posting its best week in almost 16 years with a rise of 15.7% for the week, on the back of China launching a large-scale stimulus package in a bid to reignite economic activity in the world's second largest economy. Hong Kong's Hang Seng rose 3.55% on Friday and 12.75% over the week and Japan's Nikkei rose 2.32% after headline inflation eased to 2.2% from 2.6% in August.Locally on Friday the ASX200 rose 0.1% to yet another fresh record high as a sharp rally for materials stocks offset losses among health care and real estate stocks. Mineral Resources led the winners on Friday with a near 14% boost, while Star Entertainment Group fell over 44% in the aftermath of the company released final FY24 results.De Grey Mining rallied 3.4% on Friday after denying a media report that the gold miner had received a takeover offer from Canada's Agnico Eagle.Vulcan Energy Resource rose 5.8% on Friday after the company bought 100% of shares in geothermal wells operator, Geo GmbH.What to watch today:Ahead of Monday's trading session the SPI futures are anticipating the ASX to open the day up 0.27% tracking the Dow's record on Wall St on Friday.On the commodities front this morning oil is trading 0.75% higher at US$68.18/barrel, gold is down 0.53% at US$2658.40/ounce and iron ore is up 0.48% at US$92.98/tonne.The Aussie dollar has further strengthened against the greenback to buy US$0.69, 98.40 Japanese Yen, 51.61 British Pence and NZ$1.09.Trading Ideas:Bell Potter has increased the 12-month price target on Brickworks (ASX:BKW) from $29.50 to $31.00 and have downgraded the rating on the industrial conglomerate from a buy to a hold following the release of a robust FY24 result including EBIT down 8% but this beat Bell Potter expectations by 11%, core net debt increasing to $682m and outlook for FY25 remaining subdued on a building products front.And Trading Central has identified a bullish signal on Acrow (ASX:ACF) following the formation of a pattern over a period of 23-days which is roughly the same amount of time the share price may rise from the close of $1.07 to the range of $1.10 to $1.12 according to standard principles of technical analysis.

The Federal Reserve's decision to lower interest rates was welcomed by Australian investors this week. Learn why the US rate cut boosted the local market and explore why the recent dip in oil prices is likely to be short-lived. In this week's wrap, Grady covers: (0:10): how Wall St reacted to the Fed's rate cut (1:20): the recent data signalling economic stability in the US (2:08): why the US rate cut is a positive for our local market (5:01): the most traded stocks & ETFs  by Bell Direct clients(5:29): economic news items to watch out for.

It was a mixed performance for the Aussie market today with reporting season having come to a close.  Laura and Stevie reflect on a session which started with declines but gradually clawed those losses back to finish in the green.  They reflect on the performance of the last month and look at the stocks that drove the gains today.  They dive into the performance of each of the sectors, Gold prices are in the conversation, and they discuss the stocks that caught their attention including REA Group and Star Entertainment. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Australia's corporate landscape is facing a perfect storm. Rising costs, fierce competition, and softening economic conditions are putting pressure on companies across the board. The upcoming earnings season will reveal the full extent of these challenges. Discover the key trends and potential investment opportunities in this week's video.In this week's wrap, Sophia covers:(0:11): how economic headwinds are impacting corporate profits(0:41): why the market's attention is shifting towards FY25(1:32): why sector performance is expected to diverge(2:10): how the ASX200 performed this week so far(3:13): the most traded stocks & ETFs by Bell Direct clients(3:43): economic news to watch out for next week.

With all 11 sectors seeing gains today the market has recovered from the losses of last week nearing another record high.  Roughly 75% of all stocks on the market saw increases with tech stocks performing the best, Laura and Stevie discuss this and look at the performance of the other sectors, and touch on the spike that the Star Entertainment Group has seen through this afternoon.  They unpack the numerous events that could shift the market this week and look at the stocks that moved the most. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Wall St closed higher overnight as Nvidia shares led a turnaround on tech stocks and the S&P500 rose in its best day since early June. The Dow Jones gained 0.32%, the S&P 500 advanced over 1% and the tech-heavy Nasdaq rose by 1.58%.In terms of US shares, Nvidia soared by 4.8% following their 8% decline last week. Other tech stocks including Alphabet and Meta also gained more than 2% each.Over in Europe, markets closed higher as they react to the news that Joe Biden has dropped out of the US presidential race. The STOXX600 closed 1% higher with the majority of sectors finishing in the green. The only stocks which closed lower on Monday were travel and leisure and retail stocks which fell 2.33% and 0.03% respectively. Germany's DAX rose 1.29%, the French CAC rallied by 1.16% and over in the UK, the FTSE100 ended Monday's trading session 0.53% higher.Locally yesterday, the ASX200 closed half a percent lower with the vast majority of sectors closing in the red. Losses were led by the energy and materials sectors which fell 1.62% and 0.86% respectively. This was slightly offset by the consumer staples sector which rose 0.65% by the closing bell.What to watch today:The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.70% at market open this morning.On the commodities front this morning, Oil is trading 0.52% lower at US$78.23/barrel, following renewed optimism for a ceasefire in Gaza which could as a result increase global oil supply. Gold is trading 0.02% higher at US$2395/ounce and iron ore is trading 0.26% lower at US$108.45/tonne. Trading Ideas:Bell Potter maintains a buy rating on Universal Store Holdings (ASX:UNI) and has increased its 12-month price target to $6.65. The buy rating is maintained by Bell Potter due to the company's store roll-out & brand growth strategy, gross margin expansion via private label product penetration and earnings trajectory through to FY25 and FY26.And Trading Central has identified a bearish signal in Star Entertainment Group (ASX:SGR), indicating that the stock price may fall from the close of $0.50 to the range of $0.44-$0.46, on a pattern formed over 41 days according to the standard principles of technical analysis.

iGaming Daily, sponsored by Optimove, goes live from Malta on the eve of CasinoBeats Summit 2024, as James Ross welcomes CasinoBeats Senior Journalist Conor Porter, and from SBC Events, Head of Content Masha Tsnompilantze, who welcomed the travelling party to the brand new SBC Office in Malta. Masha takes us through the CasinoBeats Summit build-up, giving a never before seen (or heard) on iGaming Daily behind the scenes look at the SBC Events marketing process. Plus, from a dusty rock to a hard one, Conor Porter gives us all the details on Hard Rock International's recent denial of rumours they're purchasing Australia's The Star Entertainment Group.Read more: https://casinobeats.com/2024/05/21/hard-rock-denies-proposed-the-star-purchase/Host: James RossGuests: Conor Porter, Masha Tsnompilantze Producer: Anaya McDonaldEditor: James RossRemember to check out our partners Optimove at https://hubs.la/Q02gLC5L0 or go to optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service.

Wall Street ticked higher at the closing bell on Tuesday as investors anticipate the release of AI giant Nvidia to gauge how far the tech-rally and valuations can grow. The Dow Jones rose 0.17% on Tuesday, the Nasdaq added 0.22% to set a 10th all-time high this year, and the S&P500 ended the day up 0.25% to also set its 24th record close of 2024. Nvidia shares rose 0.6% prior to the release of its results which are due out on Wednesday, US time, with analysts expecting the semiconductor and AI giant to post another strong batch of results.In Europe overnight, markets closed lower in the region ahead of the release of some key economic data later in the week including the UK inflation reading where it is widely expected to show a sharp decline in the headline inflation rate. The STOXX600 fell 0.21% on Tuesday, Germany's DAX lost 0.22%, the French CAC fell 0.67%, and, in the UK, the FTSE100 ended the day down just 0.09%.Across the Asia markets on Tuesday, it was a sea of red led by Hong Kong's Hang Seng falling 2% amid declining materials and industrials stocks.The local market overturned a recent rally to close 0.15% lower on Tuesday as communications services and materials stocks weighed on the key index, with heavy losses partially offset by a strong rally for tech stocks which took lead from the Nasdaq rising on Wall St on Monday.Guidance and corporate updates have been dominating the market in recent sessions with building products giant James Hardie Industries tumbling 15% on Tuesday after missing guidance expectations in an update, while Sonic Healthcare weighed on the healthcare sector after its corporate update outlined currency exchange headwinds will lead to lower-than-expected profits for FY24.Embattled casino operator Star Entertainment Group fell 8% on Tuesday after soaring on Monday amid investor concerns that rumoured takeover candidate, Hard Rock Hotels, has denied interest in acquiring the company.Telstra shares fell 2.7% on Tuesday after the telco giant announced a series of cost cutting measures including the culling of up to 2800 jobs equating to 9% of its workforce and further expansion into AI.The ASX is nearing record territory which has many investors questioning just how high the market can go, which is a similar concern over in the US as the Dow Jones reached a record high on Friday, however, with the recent earnings season indicating inflation on earnings, the rally still has some steam left as valuations continue rising.What to watch today:Ahead of the midweek trading session in Australia, the SPI futures are anticipating the ASX to open the day up with a modest rise of 0.27%.On the commodities front this morning, oil is trading almost 1% lower at US$78.53/barrel, gold is down 0.3% at US$2419.5/ounce and iron ore is up 0.19% at US$117.24/tonne.AU$1.00 is buying US$0.67, 104.07 Japanese Yen, 52.81 British Pence and NZ$1.09.Trading Ideas:Bell Potter has maintained a buy rating on Technology One (ASX:TNE) and increased the 12-month price target on the leading SaaS provider from $18.50 to $19.00 following the release of the company's 1H24 results including revenue excluding interest growing 15% to $241m which beat BPe by 1% and profit before tax rose 17%. Technology One also surprised by issuing full year guidance of 12-16% profit before tax growth which topped typical historical guidance of 10-15%.And Trading Central has identified a bullish signal on BHP Group (ASX:BHP) following the formation of a pattern over a period of 43-days which is roughly the same amount of time the share price may rise from the close of $46.04 to the range of $49.40 to $50.10 according to standard principles of technical analysis.

Star Entertainment Group has been in trouble for the last 3 years, but could a bid from investors including Hard Rock be the solution they've been looking for?See omnystudio.com/listener for privacy information.

Wall Street opened the new trading week higher as investors prepare for a big week of corporate earnings results and the latest Federal Reserve meeting. The Dow Jones rose 0.38%, the S&P500 added 0.32% and the tech-heavy Nasdaq gained 0.35%. Tesla jumped more than 15% on Monday after overcoming a hurdle for its self-driving technology in China, while Domino's Pizza gained more than 5% after reporting earnings that beat analysts' expectations. Across European overnight, markets closed mixed as investors assessed key earnings, company updates and inflation data out in the region. The STOXX600 rose 0.1%, Germany's DAX fell 0.24%, the French CAC lost 0.29%, and, in the UK, the FTSE100 ended the day up 0.14%. The driver of Germany's sell-off was the latest preliminary inflation reading coming in at an annual rate of 2.4% for April, which is a 0.6% rise from March and up 2.3% year-on-year. Dutch medical device giant Philips soared 29% on Monday after the company agreed to a $1.1bn settlement in a U.S. case regarding the recall of some of the company's products that treat sleep apnoea. Across Asia on Monday, markets closed mostly higher as the Japanese yen strengthened and ahead of key economic data out in the region today including China's official purchasing managers index for April. Japan's Nikkei rose 0.81% on Monday, Hong Kong's Hang Seng index rose 0.54%, and China's CSI 300 rose 1.11%. The local market kicked off the new trading week in positive territory on the back of strong corporate earnings results that impressed investors in addition to taking strong lead from the US rally that ended last week on a high. The ASX200 closed Monday's session up 0.81% with every sector ending the day in the green. Embattled casino operator Star Entertainment Group (ASX:SGR) rallied over 2% on Monday after the company announced Chairman David Foster has stepped down from his role, with the board appointing board member Anne Ward to replace Mr. Foster as the company looks to overcome recent challenges. Weak annual recurring revenue in Megaport's (ASX:MP1) latest update led to investors selling out on Monday which sent the share price down over 5%, despite the IT company upgrading FY24 EBITDA guidance. Australia's retail sales data is out today with the market expecting a 0.2% rise in March from February which would be a slight decline from the 0.3% reported in February and will provide another indicator that inflation is easing as consumer retail spend is a key driver of inflation.What to watch today:Ahead of Tuesday's trading session in Australia the SPI futures are expecting the ASX to open the day up 0.16% tracking global gains overnight.On the commodities front this morning, oil is trading 1.2% lower at US$82.72/barrel, gold is down just 0.08% at US$2335.86/ounce and iron ore is up 0.44% at US$110.16 per tonne.AU$1.00 has strengthened to buyUS$0.66, 102.54 Japanese Yen, 52.36 British Pence and NZ$1.10. Trading Ideas:Bell Potter has maintained a buy rating on Coventry Group (ASXCYG) and raised the 12-month price target on the leading Australian industrial supply and services group after the company announced the acquisition of Steelmasters which is Australia and New Zealand's third largest specialty fastener distributor, for an upfront cash consideration of NZ$45m. Coventry is funding the acquisition with a fully underwritten $25m two-tranche institutional placement and after receiving strong support from investors, upsized the raising to $30m.Trading Central has identified a bullish signal on Pilbara Minerals (ASX:PLS) following the formation of a pattern over a period of 53-days which is roughly the same amount of time the share price may rise from the close of $3.96 to $5.00 to $5.20 according to standard principles of technical analysis.

Rising geopolitical tensions and inflation concerns were the drivers of Wall Street's negative close on Friday with the Dow Jones suffering its worst session since January. The launch of attacks on Iran from Israel fuelled oil prices to surge over the weekend paired with fresh U.S. imports data added fuel to investors concerns of rising inflation pushing back the outlook for rate cuts in the world's largest economy.The Dow Jones fell 1.24% on Friday and 2.37% for the week, the S&P500 lost 1.46% on Friday and 1.56% for the week and the tech-heavy Nasdaq lost 1.62% on Friday and 0.45% for the week.First quarter results in the U.S. have started being released with Wells Fargo sliding 0.4% on Q1 results while Citigroup declined 1.7% despite posting a beat in revenue. JPMorgan Chase fell 6% on Friday after the banking giant posted first quarter results including outlook for net interest income to likely come in slightly short of what Wall Street is expecting for 2024.Over in Europe, markets closed mixed on Friday as investors digested key economic data and assessed the latest inflation reading out of the US. The STOXX600 rose 0.06% led by mining stocks rising 2.4%, Germany's DAX fell 0.13%, the French CAC fell 0.16%, and, in the UK, the FTSE100 rallied 0.91%. British economic output increased by 0.1% MoM in February which was inline with expectations, and provides a further sign of slight improvement in economic stability following sluggish growth over recent months. The European Central Bank also announced the holding of interest rates for a fifth consecutive meeting on Thursday but gave its clearest signal yet that rate cuts are on the horizon in the near future.In Asia on Friday, markets closed mixed in the region as economic data and key inflation readings sparked mixed investor reactions. Hong Kong's Hang Seng lost 2% and China's CSI Index fell 0.81% following China's exports falling more than expected in the month of March, coming in at a decline of 7.5% compared to the 2.3% fall economists were expecting.Locally on Friday the ASX closed the final trading session of the week lower as investors continue to question rate cut hopes out of the RBA and Fed. The ASX200 fell 0.3% on Friday but rose 0.3% for the week. Consumer staples and discretionary stocks weighed on the market on Friday but some of the heavy losses were offset by strong gains for utilities and tech stocks.Star Entertainment Group fell 7.3% on Friday after reporting a significant decline in revenues from its gaming rooms, while Cettire dropped almost 7% despite preliminary sales figures for Q3 coming in strong.What to watch today:Ahead of the local trading session here in Australia to start the new trading week, the SPI futures are expecting the ASX to open Monday's session down 0.64% tracking Wall Street's losses on Friday.On the commodities front this morning, oil is trading 0.36% lower at US$85.36/barrel, gold is up 0.7% at US$2359/ounce and iron ore is up 1.28% at US$106.50/tonne.AU$1.00 is buying US$0.64, 99.22 Japanese Yen, 52.29 British Pence and NZ$1.09.Trading Ideas:Bell Potter has increased the rating on Cettire (ASX:CTT) from a hold to a buy but have reduced the 12-month price target on the online fashion retailer from $4.50 to $4.00 per share following the release of a Q3 trading update including sales revenue of $168m which was 88% higher than the PCP and was a 14% beat on Bell Potter expectations, however, adjusted EBITDA margins of 3% were a miss to Bell Potter's expectations.And Trading Central has identified a bullish signal on Bega Cheese (ASX:BGA) following the formation of a pattern over a period of 33-days which is roughly the same amount of time the share price may rise from the close of $4.16 to the range of $4.65 to $4.75 according to standard principles of technical analysis.

US equities were mixed overnight with the Dow Jones closing 0.1% lower, marking its third straight negative day, while the S&P500 and the Nasdaq closed slightly up 0.1% and 0.2% respectively.  The Dow Jones was lower after Intel declined more than 8% off the back of the company posting operating losses in its semiconductor manufacturing business. And AI company Nvidia was in the red despite trading higher for most of the session on Wednesday, restricting gains for the market. Higher rates also weighed down on the market with data out yesterday showing private payrolls grew more than expected in March. European markets were higher after euro zone inflation fell more than expected. The STOXX 600 closed 0.3% higher with most sectors in positive territory. What to watch today:The Australian market is set to rise 0.33% at the open this morning. In commodities, The price of oil is trading in the green after the latest Energy Information Administration data saw a surprise increase in US inventories. Gold is rallying, surging toward $2,300 an ounce, extending its six-day rally as investors welcomed comments made by Fed Chair Jerome Powell, who indicated that a lower policy interest rate would likely be appropriate “at some point this year”. Gold stocks to watch include Northern Star Resources (ASX:NST), Newmont Corporation (ASX:NEM), Evolution Mining (ASX:EVN) and Bellevue Gold (ASX:BGL). And iron ore is also in the green recovering the week's earlier losses. Trading Ideas:Bell Potter maintains a Buy rating on Electro Optic Systems (ASX:EOS), an Australian defense manufacturer specializing in advanced weapon and satellite tracking technology. EOS has successfully completed a $35 million fully underwritten placement, with the proceeds intended to fund future growth. Bell Potter has lowered their price target by 5% to $2.20 with upcoming potential catalysts for the stock including the next debt repayment scheduled for April, a first quarter update later this month  and the H1 results in September. At the current share price of $1.58, this price target implies 39.2% share price growth in a year.And Trading Central has a bearish signal on The Star Entertainment Group (ASX:SGR), indicating that the stock price may fall from the close of $0.54 to the range of $0.37 to $0.41 over 31 days, according to the standard principles of technical analysis. 

Let me introduce Peter ter Weeme and our conversation about all leadership, people and culture topics. Peter bring more than 25 years of expertise in strategy and business planning; purpose-driven marketing and communications. He is an environmental and social issue advocate. He focuses on stakeholder engagement, relationships and behaviour change. He has comprehensive experience working in North America, Europe, Australia and Asia with corporate, government and non-profit organisations, most recently in the gaming/entertainment sector. We talk about his experience in leadership while traveling and working in multicultural environments. Peter brought some great examples from his business and leadership journey and shared some great tips that will help you to look at the leadership through his eyes. Enjoy Alex https://thementoringeffect.com/ alex@thementoringeffect.com You can find Peter on LInkedIN https://www.linkedin.com/in/peterterweeme/

As we end week 3 of the local reporting season calendar, 159 companies have reported their earning results, with 57 beating expectations, 60 meeting expectations and 42 missing expectations. 22 companies have been upgraded by brokers, while 26 were downgraded, mostly due to slowing earnings growth and cost management inefficiencies across the first half. So, what were the market movers this week? In this week's wrap, Grady covers:(0:38): Pilbara Minerals (ASX:PLS) facing industry challenges as lithium prices fall(1:42): retail blues with Woolworths' (ASX:WOW) turbulent week(2:38): NAB's (ASX:NAB) fall in cash earnings but steady share price(3:20): why investors disembarked their investment in Qantas (ASX:QAN)(5:27): market movements this week(6:35): the most traded stocks & ETFs by Bell Direct clients(7:03): economic data to watch next week.

Le géant des jeux d'argent en Australie, Star Enterntainment Group, a reçu une amende de 100 millions de dollars australiens pour ne pas avoir mis fin au blanchiment d'argent dans son casino de Sydney.Traduction:Australian gambling giant Star Entertainment Group has been fined A$100m for failing to stop money laundering at its Sydney casino. Hosted on Acast. See acast.com/privacy for more information.

Le géant des jeux d'argent en Australie, Star Enterntainment Group, a reçu une amende de 100 millions de dollars australiens pour ne pas avoir mis fin au blanchiment d'argent dans son casino de Sydney. Traduction: Australian gambling giant Star Entertainment Group has been fined A$100m for failing to stop money laundering at its Sydney casino. Learn more about your ad choices. Visit megaphone.fm/adchoices

Le géant des jeux d'argent en Australie, Star Enterntainment Group, a reçu une amende de 100 millions de dollars australiens pour ne pas avoir mis fin au blanchiment d'argent dans son casino de Sydney.Traduction:Australian gambling giant Star Entertainment Group has been fined A$100m for failing to stop money laundering at its Sydney casino. Hosted on Acast. See acast.com/privacy for more information.

Le géant des jeux d'argent en Australie, Star Enterntainment Group, a reçu une amende de 100 millions de dollars australiens pour ne pas avoir mis fin au blanchiment d'argent dans son casino de Sydney. Traduction: Australian gambling giant Star Entertainment Group has been fined A$100m for failing to stop money laundering at its Sydney casino. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wall Street opened the new trading week lower, retreating from the rally experienced on the NYSE over the last five weeks. The Dow Jones fell 0.11%, the S&P500 dropped 0.54%, and the Nasdaq took the biggest hit, falling 0.84%. The sectors that have carried Wall Street over the last 11 months took the biggest hit on Monday as investors digest the high valuations of big-name companies especially in the technology sector.Alaska Air fell 14.2% on Monday after it agreed to acquire rival airline, Hawaiian Airlines for US$1.9bn in a bid to expand Alaska Air's presence to the West Coast of the US.Spotify shares rose 8.8% on Monday after the music streaming giant announced it would lay off 17% of its workforce, which equates to around 1500 jobs in a bit to cost cut in the high-cost environment.Over in Europe, markets closed mostly lower on to start the week as the big miners weighed on markets in the region, while gold miners bucked the trend with a rally on the back of the precious commodity hitting a record high US$2100/ounce. Analysts are predicting the price of gold will remain resilient into 2024 on outlook of a weaker USD, geopolitical uncertainty and the prospect of interest rate cuts on the horizon. The STOXX600 fell 0.1% on Monday, Germany's DAX rose 0.04%, the French CAC fell 0.2% and, in the UK, the FTSE100 lost 0.22%.Locally yesterday, the ASX200 kicked off the new trading week on a very positive note with the key index ending the session up 0.73% buoyed by interest-rate sensitive sectors, with the tech sector rising 1.9%, while real estate added 1.55%. On the other end of the market, the utilities sector fell 2.52% while energy stocks lost 1.26% on the sliding price of oil.Chalice mining recovered 11.47% on Monday despite no price sensitive news out of the copper-nickel miner yesterday. Star Entertainment Group gained 6.86% on Monday while the lithium miners came under pressure yesterday with Sayona Mining falling 9.68%, Core Lithium shedding 5.56% and Pilbara Minerals ending the day down 2.22%.What to watch today:Ahead of the local session here in Australia the SPI futures are expecting the ASX to open Tuesday's session down 0.53%, taking lead from Wall Street overnight.Taking a look at commodities this morning, oil continues to decline despite OPEC+ announcing production cuts of 2.2 million barrels per day in a bid to stabilise the price of oil, which is trading 1.07% lower at US$73.28/barrel. Gold is down 2% this morning at US$2029/ounce and iron ore is up 0.4% at US$133/tonne.On the economic calendar today the highly anticipated RBA interest rate decision is announced today with the expectation of the interest rate to be maintained at the current 4.35%.Stocks trading ex-dividend today include Fisher & Paykel Healthcare Corporation and Dalrymple Bay Infrastructure. If you've been thinking about these stocks, it might be worth considering buying in today as stocks trading ex-dividend, generally trade lower on the ex-dividend date.Trading Ideas:And Bell Potter has maintained a speculative buy rating on Deep Yellow (ASX:DYL) and a 12-month price target of $1.81 after the uranium miner added an additional approximately 1.5 years of production to the Tumas project, with the expanded indicated and inferred resources. Looking into CY24, some key catalysts include a Final Investment Decision on Tumas, refreshed capital and operating costs for Tumas, and Mulga Rock updated definitive feasibility study.And Bell Potter has slightly increased the price target on Genusplus Group (ASX:GNP) from $1.40 to $1.50 and maintain a buy rating on the mining services provider following the Genusplus and its JV partner ACCOINA being awarded a $1.4bn design and construction contract for the HumeLink East project by Transgrid.

As we head into the Black Friday and Cyber Monday sales for 2023, this promotional period is arguably the most important for ASX-listed retailers. Firstly, they are able to heavily discount old stock to reduce inventory levels. Secondly, retailers gauge investor propensity for retail spend ahead of the busy holiday season, which is especially important as cost-of-living pressures continue to bite.While some retailers remain resilient despite slowing consumer spend, others have shifted focus in the slow sales environment to invest in AI for customer experience enhancement and to gain market share. We explore what the Black Friday and Cyber Monday sales will reveal for retailers as we close out 2023 and more!In this week's wrap, Grady covers:(0:30) Why retail inventory levels are a key driver for investors,(0:45) Black Friday & Cyber Monday will reveal consumer sentiment,(1:28) Australia's resilient retail spend as a key driver of inflation,(2:28) Lovisa (ASX:LOV) remaining a key retail pick for Bell Potter, why?(3:32) The best performing stocks on the ASX200 this week,(4:42) The most traded stocks by Bell Direct clients this week, and(5:16) Key economic data to watch next week.Read the transcript here

Ahead of the RBA's rate announcement next week, we look at the predicted rate outlook for the remainder of CY23, what this means for companies and most importantly, what the outlook means for your portfolio this festive season.In this week's wrap, Grady covers:(0:12) fears and expectations around the cash rate,(0:27) Tuesday's RBA meeting,(1:56) what ‘higher for longer' means for businesses and individuals,(2:29) two companies who excelled in the FY23 reporting season,(3:04) interest rate impacts on portfolios and investment decisions,(4:46) the best performing stocks in the ASX200,(6:12) the most traded stocks & ETFs by Bell Direct clients, and(6:27) five economic news items to watch out for.

Inflationary drivers rising sparked a mixed session on Wall Street overnight as the price of oil and bond yields respectively rose which dampened investor sentiment in equities. The Dow Jones fell 0.2%, the S&P500 edged just 0.02% higher and the Nasdaq rallied 0.22% following a turbulent few session for the tech-heavy index. The benchmark on the 10-year treasury yield hit its highest level since 2007, while the 2-year treasury yield also climbed. Energy stocks were naturally the best performers on Wall St overnight amid the price of oil rising 3%. Inflation remains a key concern in the U.S. with volatility in investor sentiment expected to continue over the coming weeks as further economic data is released.Over in Europe, markets closed at a 6-month low on Wednesday as investor sentiment in the region continues to be dampened by the state of the global economy, rising interest rates and inflationary concerns. The STOXX600 fell 0.2%, Germany's DAX lost 0.25%, the French CAC shed 0.03%, and in the UK, the FTSE100 fell 0.43%. Oil and gas stocks did most of the heavy lifting in Europe on Wednesday following that uptick in the price of oil which offset some of the losses among other sectors like insurance stocks. The RBA's rate decision headache worsened yesterday after Australia's CPI monthly indicator data, the key inflation reading for the country, came in at an acceleration to 5.2% for the 12-months to August. While this was in line with economists' expectations, it is an increase from the 4.9% rise in July and provides further support for the RBA to consider raising rates again or maintaining the cash rate at 4.1% for longer to ensure inflation comes down to the target range of 2-3%. The key drivers of the boosted inflation reading for August were housing, transport, food and non-alcoholic beverages, insurance and financial services. When the RBA meets next week to announce the interest rate decision, the market is currently factoring in just an 11% chance of a rate hike.The market fell in afternoon trade following the release of CPI data, leading to the ASX200 closing the midweek session down 0.11% weighed down by the tech sector falling nearly 1%. Star Entertainment Group tumbled over 9% after the embattled casino operator raised $565m from institutional investors through offering new shares at 60cps.At the other end of the market, Tamboran Resources rallied 11.5% after announcing the upgrade of its gas resources to 2 trillion cubic feet at its 100%-owned Beetaloo Basin.What to watch today:Ahead of the local trading session here in Australia, the SPI futures are anticipating the ASX to open Thursday's session down 0.18%.On the commodities front this morning, oil is trading just shy of 4% higher at US$93.93/barrel amid data showing crude inventories in the US fell by a much bigger-than-expected amount last week, gold is down 1.26% at US$1876.55/ounce, and iron ore is down 1.26% at US$117.50/tonne.AU$1.00 is buying US$0.64, 94.92 Japanese Yen, 52.65 British Pence and NZ$1.07.Trading Ideas:Bell Potter has initiated coverage of COG Financial Services (ASX:COG) with a buy rating and a price target of $1.73. Bell Potter's analyst sees COG's recent acquisitions will add 182 broker firms nationally across the car and lifestyle markets for COG and as a result, Bell Potter expects an uplift of $833m in total funding volumes with improved cross-pollination into higher margins parts of the Group.And Trading Central has identified a bullish signal on Austal (ASX:ASB) following the formation of a pattern over a period of 36-days which is roughly the same amount of time the share price may rise from the close of $1.82 to the range of $2.29 to $2.39 according to standard principles of technical analysis. 

This week we cover higher US jobless claims, UK Wage inflation, softening NZ inflation, the RBA review, Tesla, Star Entertainment Group, Allkem and Santos. This market highlight is proudly brought to you by Milford: https://ensombl.com/go/20230424 Join the Ensombl platform: App Store: http://www.ensombl.com/apple Google Play: http://www.ensombl.com/google Desktop: https://www.ensombl.com/ General Disclaimer – https://www.ensombl.com/disclaimer/

The Aussie share market fell 0.31% (Mon-Thu), weighed down by US CPI data and investor reactions to reporting season results. An increase to the unemployment rate was also announced this week, strengthening investor appetite for growth stocks.In this week's wrap, Grady covers:(0:29) What the big banks focused on this reporting season(2:25) Wesfarmers & Whitehaven Coal's corporate earnings(4:26) The best performing stocks in the ASX200(5:25) The most traded stocks & ETFs by Bell Direct clients(5:55) Two economic news items to watch out for

For decades we've been reassured that everything at Australian casinos is above board.  They're supposed to be heavily regulated, closely monitored, and operated by reputable, publicly-traded corporations. But this year, much of what we've been told unravelled. Since this episode, from September this year eleven former and current executives at the Star Entertainment Group were slapped with fines by ASIC, the corporate watchdog. Today, we take a look back at this episode with senior reporter for The Saturday Paper, Rick Morton, on exactly what has been happening behind the scenes at The Star Casino.  Socials: Stay in touch with us on Twitter and Instagram Guest: Senior reporter for The Saturday Paper, Rick Morton

This week the Chanticleer podcast digs into the latest messes at The Star Entertainment Group and ASX and looks back at the two defining stories of the year. Tony Boyd and James Thomson also offer summer reading tips and look forward to markets in 2023 with their first guest on the show, Katie Hudson from Yarra Capital Management.See omnystudio.com/listener for privacy information.

GAMBLING giant Star Entertainment Group has been slapped with a $100m fine and given a year to “get their house in order” or face a 90-day licence suspension. POWER bill relief is on the way for Queenslanders following a major national cabinet deal compromise struck between the state and federal governments which includes infrastructure goodies for the regions. ONE of Queensland's most powerful unions is demanding heads roll following an engineering failure of the $1.6bn Toowoomba Bypass. AND.. QUEENSLAND success story Amy Shark has revealed she reconsidered her music career after being confronted by the “ugly” complexities of fame.See omnystudio.com/listener for privacy information.

Australian gambling giant Star Entertainment Group was last month fined A$100 million for failing to stop money laundering at its Sydney casino. The group's licence to operate the casino has also been suspended. Casino operators in Australia have been under great pressure to reform their gambling operations following reports of widespread criminal activity. The record penalties were announced in response to a damning inquiry in New South Wales (NSW) earlier this year. The Star is not alone. There has been misconduct at various casinos around Australia in recent years, including at those owned by the country's largest gaming and entertainment group - Crown Resorts. It was fined A$80 million by Victorian gambling authorities earlier this year for its failures to stop criminal activity. It is also in litigation with the country's feared AML/CTF agency, AUSTRAC, which is known for handing down billion-dollar penalties. In this episode Alexander Robson, managing editor, Regulatory Intelligence, is joined by Nathan Lynch, APAC managing editor in Perth, and Niall Coburn, senior regulatory intelligence expert in Brisbane, to discuss the failures at the casinos, what needs to happen next and they offer lessons well beyond Australia. Articles on Regulatory Intelligence (subscription needed) COLUMN: Star casino report highlights gaps in Australia's criminal intelligence http://go-ri.tr.com/PeqrM3 COLUMN: Queensland Star casino inquiry will consider compliance problems exposed in other states http://go-ri.tr.com/4BKu4c IMPACT ANALYSIS: Australian casinos – no consequences for directors despite widespread corporate governance failings http://go-ri.tr.com/Y8hCKO Star inquiry slates casino's Chinese payment card AML workaround http://go-ri.tr.com/B44iIm AUSTRAC defends billion-dollar penalties as crucial deterrent against corporate apathy http://go-ri.tr.com/VOkA5B No paywallAustralia casino operator Star found unfit for Queensland licence https://www.reuters.com/business/australia-casino-operator-star-found-unfit-queensland-licence-2022-10-06/ Money laundering through the gambling industry https://baselgovernance.org/sites/default/files/2022-09/QG28%20gambling.pdf Junket tour operations in Australia https://www.austrac.gov.au/sites/default/files/2020-12/JTO_2020_FINAL.pdf The Compliance Clarified podcast series covers the wide range of topics which affect compliance officers in financial services firms. The series has been designed to help compliance officers make sense of the often-challenging world of financial services regulation, which is now overlaid with expectations not found in the black and white of any rulebook. The role and remit of the compliance officer is ever-growing, and senior compliance officers have had to become polymaths, mastering not only detailed subject matter expertise but also the qualitative mysteries of culture and conduct risk. Compliance Clarified covers the hot topics of the day and the challenges they bring, and aims to offer up practical ideas for emerging good practice.

Le géant des jeux d'argent en Australie, Star Enterntainment Group, a reçu une amende de 100 millions de dollars australiens pour ne pas avoir mis fin au blanchiment d'argent dans son casino de Sydney.Traduction:Australian gambling giant Star Entertainment Group has been fined A$100m for failing to stop money laundering at its Sydney casino. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Le géant des jeux d'argent en Australie, Star Enterntainment Group, a reçu une amende de 100 millions de dollars australiens pour ne pas avoir mis fin au blanchiment d'argent dans son casino de Sydney. Traduction: Australian gambling giant Star Entertainment Group has been fined A$100m for failing to stop money laundering at its Sydney casino. Learn more about your ad choices. Visit megaphone.fm/adchoices

Over in Australia, gambling company Star Entertainment Group is facing legal consequences for failing to stop money laundering at a Sydney casino. The casino will still be able to keep trading in the future, but Star Entertainment group has been hit with a $100 million dollar fine, as well as a temporary suspension.  Australian correspondent Murray Olds explained why the casino is too big to fail, and how that stopped it from getting a harsher penalty for turning a blind eye to organised crime infiltration.  LISTEN ABOVESee omnystudio.com/listener for privacy information.

Star Entertainment Group is found unsuitable to hold a casino licence in Queensland.

Star Entertainment Group is found unsuitable to hold a casino licence in Queensland.

Internal recruitment is the same same but different. Higher bases, no comms but it doesn't mean you're not there to impress! Zander took us behind the scenes of what it's like on the other side of recruitment having worked in Talent Acquisition for over 8 years. Having worked for FedEx, Airport Corp, City Beach, Hasting Deering and more! We learnt a lot about the big corporates and how best to approach and work alongside an internal recruitment team.

調查報告指在雪梨經營賭場的星億娛樂集團（The Star Entertainment Group），不適合管理賭場，指雪梨賭場有洗錢及恐怖主義融資風險，要在14日內對當局作出回應，否則賭場可能被停牌。

Star Entertainment Group is found unsuitable to hold its Sydney casino licence, Business Reporter Edward Boyd covers the latest development. Plus British sharemarkets rally to two week highs and consumer sentiment recovers.See omnystudio.com/listener for privacy information.

Tuesday 13 September 2022 The local share market goes on a run, and it's the big miners leading the way. Also today: The body of Queen Elizabeth II lies in state as hundreds of thousands of mourners view the coffin. Reports that the Star Entertainment Group could lose its licence. And small businesses flag higher wages as a key concern. Support the show: https://fearandgreed.com.au/all-episodesSee omnystudio.com/listener for privacy information.

A SILENT pandemic devastating lives is also having a serious impact on the economy, with more than 31,000 Australians off work every day suffering the effects of long-Covid. PRIME Minister Anthony ­Albanese has rescued rugby league in Papua New Guinea after the Mackay Cutters ­backflipped on plans to abandon playing the Hunters in Port Moresby. THE boss of Star Entertainment Group has been grilled over why multiple highrolling gamblers were allowed access to the Gold Coast casino despite obvious “red flags”, including one with links to the notorious ‘Ndrangheta organised crime syndicate, who had been banned from interstate venues. A ROYAL commission into the “shameful” Robodebt scandal that unlawfully claimed ­almost $1.8bn in debts from Aussies will report next April. For updates and breaking news throughout the day, take out a subscription at couriermail.com.au.See omnystudio.com/listener for privacy information.

UNVACCINATED teachers will have their pay docked in an extraordinary punishment handed down because Education Queensland has “lost trust” in those who “acted inappropriately” in ignoring jab mandates. EMOTIONAL witnesses have shared harrowing stories of gambling addictions on the first day of an inquiry into the Queensland operations of Star Entertainment Group. A DEFIANT Scott Morrison has stood by his decision to secretly assume control of multiple portfolios after the nation's top lawyer ruled it was legal, but “fundamentally undermined” responsible government. DOZENS of state and federal government bodies such as the Queensland Department of Education are seeking advice from a controversial trans lobby group that claims “birth mother” is an outdated term and workplaces should have “all gender toilets”. For updates and breaking news throughout the day, take out a subscription at couriermail.com.au See omnystudio.com/listener for privacy information.

The ASX 200 couldn't quite crack the 7,000 mark, we did finish off the day's lows but ended up with a 0.3% fall to finish at 6,975. Nine of eleven sectors finished lower, with consumer stocks the big laggards. IT was the leading light, jumping 2.4%. Pinnacle Investment Management was the star performer, rallying 12% after the company reported full-year earnings which beat market expectations (check out our interview with CEO Ian Macoun). Novonix also rallied 8.4% and Tyro Payments added 9.62%. As far as the losers go, ASX shares dropped 3.6% after pushing back the date of its updated CHESS rollout (again) to late 2024. Centuria Industrial REIT also dipped after its update. Star Entertainment Group fell by 3.7%. Turning to the night ahead, ISM Services PMI will be the latest business activity read to give a pulse check on the US economy. Our top three VODs:The highs are in for earnings and marginsHitting the brakes on the oil market rallyProperty? Nope, we're not buying it See acast.com/privacy for privacy and opt-out information.

Retail statistics show customers are willing to foot the bill on inflationary price hikes, plus, Star Entertainment Group appoints a new CEO following the sudden resignation of Matt Bekier.See omnystudio.com/listener for privacy information.

Our local market closed lower yesterday, down 0.9%, snapping its four-day winning streak, with the benchmark ASX200 index on track to finish its worst month since March 2020.Eight of the eleven industry sectors were in the red, with the real estate sector coming under the most pressure, as many property stocks went ex-dividend yesterday. Meanwhile, financials, consumer staples and the energy sector managed to post small gains.One of the best performers was Star Entertainment Group (ASX:SGR) after the company appointed Robbie Cooke as its new CEO and Managing Director. This comes after Tyro Payments (ASX:TYR) announced that Mr Cooke would be stepping down from his role as CEO and Managing Director at Tyro, after nearly five years of leadership. Star Entertainment Group lifted 3.3%, while Tyro fell 17%. And one of the worst performers was Carsales.com (ASX:CAR), which fell about 10%, after returning from its trading halt. The business has successfully raised $842m from its institutional entitlement offer to help fund its acquisition of US-based online vehicle marketplace called Trader Interactive.The most traded stocks by Bell Direct clients yesterday were Fortescue Metals (ASX:FMG), ANZ (ASX:ANZ) and Charter Hall Long WALE REIT (ASX:CLW).In the US, stocks struggled for direction, after heavy falls in the previous session as investors weighed up fresh signs of a looming economic slowdown. So the market closed mixed. The S&P500 and Nasdaq closed slightly lower, while the Dow Jones finished the day up 0.3%.What to watch today:Following the mixed session in the US, our local market is set to open flat if you go by the SPI futures.Moving to commodities, oil prices dipped, snapping its three-day winning streak with tight supply worries not enough to outweigh concerns about a weaker global economy. The WTI Crude oil price currently trades at US$109 a barrel. The gold price fell slightly, trading at US$1,818 an ounce, and the spot iron ore price is trading up 2.5% at US124 a tonne.Australian industrial company, CSR (ASX:CSR) is holding its AGM today.If you hold KMD Brands (ASX:KMD), Kelly Partners Group (ASX:KPG) or Plato Income Maximiser (ASX:PL8), you will receive your dividend payment today.There are a number of ETFs going ex-dividend today, including ETF Securities' FANG ETF, i.e. Facebook, Amazon, Netflix, Google, as well as ETF Securities' ACDC ETF, which offers investors exposure to the EV megatrend.Trading Ideas:Bell Potter has maintained its Speculative Buy rating on Liontown Resources (ASX:LTR) with a $2.87 price target. LTR has announced a Final Investment Decision (FID) for its flagship hard-rock lithium project in Western Australia, which Bell Potter believes highlights the LTR team's strong capability in advancing Kathleen Valley in a market experiencing volatility. The company is also in a strong strategic position in a market for lithium facing supply shortages. At its current share price of $1.12, this implies 156% share price growth in a year.Trading Central has a bearish signal on Nine Entertainment (ASX:NEC) indicating that the stock price may fall from the close of $1.90 to the range of $1.56 - $1.62 in the next 8 days according to standard principals of technical analysis. 

Both Crown Resorts and the Star Entertainment Group have had their share of troubles in recent times. Extraordinary allegations about money laundering and organised crime have emerged. So what is it about the sector that makes it allegedly rife with this kind of behaviour? Peter Deans, a former chief risk officer and founder of Not Without Risk Consulting, was the independent Expert Adviser to the Victorian and WA Royal Commissions into Crown Resorts. He shares his unique perspective with Sean Aylmer.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

The CEO of the Star Entertainment Group has resigned following revelations of widespread misconduct at the casino.   Stripe, the world's most valuable private 'fintech', is seeking new banking partners in Australia so it can extend its payments services into loans and bank accounts.   Customer management company HubSpot has created a platform to produce podcasts, and creators who participate will get a monthly payment.   ---   Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Save money and win cash prizes up to $250k weekly: https://www.flux.finance/win-the-week Get your credit score for free: https://bit.ly/fluxcreditscore Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

Air New Zealand (AIR; AIZ) announces it's been awarded another twelve months of financial support from the New Zealand Government for cargo flights. The CEO of the Star Entertainment Group (SGR) steps down as the New South Wales casino and gambling regulator hears allegations of breaching money-laundering and counter-terriorism laws. Apple (AAPL) agrees to pay out nearly $15 million USD to users of their iCloud service. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies' bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@sharesies.co.nz or record a voice message: https://anchor.fm/sharesies2/message. Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with. We don't provide personalised advice or recommendations. Any information we provide is general only and current at the time. For specific advice, speak to a licensed financial advice provider

New South Wales residents were finally allowed out of their homes but the markets were not as cheery. The ASX finishing down 0.28% in today's trade. Every sector falling on the day, bar energy which continues to pop as the global power crisis rolls on. Fan favourites Whitehaven Coal and Fortescue Metals (FMG) finished the day as the best performers, up 6% and 5.5% respectively. In contrast, the clear loser was Star Entertainment Group down 22% as it fends off allegations of money laundering and fraud at two of its key casinos. Didn't anyone learn a thing from Crown? The US is celebrating Columbus Day while the Canucks are celebrating Thanksgiving. We'll see you in the morning after we have our own Freedom Day party. Our top three VODs: Three super hot IPO's Ron is ready forTwo ASX reopening stocks that tick the ESG-friendly boxMichael is banking on this buy, hold, sell | the trade See acast.com/privacy for privacy and opt-out information.

Aussie gambling company Star Entertainment Group is in the spotlight after allegations it facilitated ‘money laundering'.   Pinterest wants to reclaim e-commerce marketshare from rival social platforms and has rolled out new major features to entice shoppers and advertisers to its platform.   Nike has demonstrated it is capable of appealing to all age groups after being recognised as the number 1 footwear and apparel brand for Gen Z.   ---   Flux Daily Quiz - Win prizes: https://quiz.flux.finance/ October = Credit Score Restore Month: https://bit.ly/2Yuxu1F Save money and win cash prizes up to $250k weekly: https://www.flux.finance/win-the-week Get your credit score for free: https://bit.ly/fluxcreditscore Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. See omnystudio.com/listener for privacy information.

While people may debate the independence of broker research, one thing they do boast is access. Access to company management, to information and data that you may not be able to get your hands on, like expensive FactSet or Bloomberg terminals, analyst reports and free lunches, to name a few. And while the old proverb states that there truly is no such thing as a free lunch, our brokers may have a leg up when it comes to company analysis. So, in this episode of Buy Hold Sell, we've invited Airlie's Emma Fisher and Sage Capital's Kelli Meagher to share their thoughts on five stocks the brokers are backing. These include Star Entertainment Group, Bapcor, James Hardie, Ansell and Metcash, all of which receive resounding "buys" or "strong buys" from Australia's sell-side. But will our fundies agree? You'll just have to watch the episode to find out. Note: This episode was filmed using Zoom on the 18th of August 2021. You can read an edited transcript below: https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-the-brokers-are-backing/

Well, US equities once again headed south overnight, with all three major benchmarks closing in the red as investors digested the latest Federal Reserve meeting minutes.The Aussie share market today will likely follow the US, with the futures down 0.66% or 50 points to 7,378.What to watch today:It's also another huge day of earnings season. Investors will be digesting the results from a number of companies. These include the Australian Securities Exchange (ASX:ASX) with consensus expecting NPAT to come in at $474.7m. Evolution Mining (ASX:EVN) is also set to report with consensus expecting NPAT to comes in at $375.6m, however Bell Potter are more bearish and are expecting NPAT of $389m. Also keep an eye out for results from Iress (ASX:IRE), Orora (ASX:ORA), Origin Energy (ASX:ORG), Perpetual (ASX:PPT), Redbubble (ASX:RBL), South32 (ASX:S32), Star Entertainment Group (ASX:SGR), Newcrest Mining (ASX:NCM) and Treasury Wine Estates (ASX:TWE). The most traded stocks yesterday by Bell Direct clients included BHP (ASX:BHP) who after revealing its energy deal with Woodside Petroleum (ASX:WPL) and its decision to end its dual-listed company structure, saw its shares plummet 7%, its worst one-day loss since May last year. WPL was also a most traded stock and saw its shares fall 2.1% yesterday. In terms of economic news, the unemployment rate will be released today at 11:30am AEST. Due to the multiple COVID-19 restrictions across the country, it's expected that July's reading will come in at 5%, and further increase to 5.5% over the next few months. Following a surge in COVID-19 cases worldwide and a strengthening US dollar, investors are cautious of the outlook for fuel demand. This saw the oil price fall about 1.7% on Wednesday, to settle at US$65.46 per barrel. The gold price continues to hold steady at US$1,789, while the iron ore price tumbled toward US$150 a tonne.   Trading ideas:Bell Potter has maintained its BUY recommendation on Domino's Pizza (ASX:DMP) and increased its price target by 17% to $155 (previously $132). This is off the back of Domino's strong all-round FY21 result they released yesterday. Bullish charting signals have been identified in Calix (ASX:CXL), Fertoz (ASX:FTZ) and Fisher & Paykel Healthcare (ASX:FPH) according to Trading Central. 

Another day, another record high. That's eight on the trot.. Let the good times roll! The S&P/ASX 200 climbed 0.54%, extending its gain over the week to 1.2%. Year-to-date, the benchmark has climbed 15.9%. All sectors except materials rose during the session, led defensive areas such as utilities, healthcare and consumer staples with gains of between 0.8% to 2%. Consumer discretionary also saw strong demand, jumping 1.2%. Not every retailer had a good day, though. Just ask Baby Bunting shareholders. It slumped 4.5% despite reporting strong revenue and earnings growth. It didn't offer guidance, however. The market didn't like that one bit. With gains of around 5%, Star Entertainment Group, Premier Investments and Dower EDI were the top performers, the latter two assisted by upgrades to ratings and price targets from brokers.Our top three VODS today: Why John is locked on the insurersBuy QBE, sell CBA; Nick Morton's reporting season picks of the weekProperty names, Afterpay keep on delivering at Evans and Partners See acast.com/privacy for privacy and opt-out information.

Employers and others may be legally barred from discriminating against someone based on their criminal past, following an “overdue” review of Queensland laws.  The proposed $12bn merger of The Star Entertainment Group and James Packer's Crown Resorts would create a gambling and hospitality giant generating thousands more jobs.  Queensland's coronavirus jab drive is failing to keep pace with Victoria and New South Wales. The newly opened Sydney Olympic Park hub has the ­potential to deliver 5000 COVID-19 jabs a day, more than double what all of Queensland's state-run clinics administer on an average day.  For updates and breaking news throughout the day take out a subscription at couriermail.com.au. See omnystudio.com/listener for privacy information.

Carol Limmer is the ASA's volunteer monitor for SGR. Mike is speaking about the upcoming SGR AGM on October 22, 2020. See acast.com/privacy for privacy and opt-out information.