Morgans Blog | Morgans

Woolworths: On track but still more to do

26 October 2023, 8:00 AM

Woolworths (ASX:WOW) reported a mixed 1Q24 sales trading update.

HUB24: Discovering new market segments

19 October 2023, 8:00 AM

HUB24 (ASX:HUB) reported 1Q23 Platform FUA of A$65.1bn, with a -A$0.4bn negative market move and net inflows of A$2.8bn.

Rio Tinto: Productivity program yielding results

By Adrian Prendergast

18 October 2023, 8:00 AM

Rio Tinto (ASX:RIO) reported a strong 3Q’CY23 production result with production up qoq across RIO’s iron ore, copper, and aluminium divisions.

Newcrest Mining: Game over

By Sharad Bhat

18 October 2023, 8:00 AM

Newcrest Mining's (ASX:NCM) Q1FY24 result takes a back seat as Scheme of arrangement clears shareholder and regulatory approvals, with Scheme to be effective on 18 Oct 23.

CSL Ltd: Targeting sustainable, profitable growth

By Dr Derek Jellinek

17 October 2023, 8:00 AM

The inaugural Capital Markets Day offered the opportunity to better understand the strategic direction across core franchises, vet the growing R&D portfolio and glimpse at information and digital initiatives.

Oil & Gas: Oil volatility picks up

By Adrian Prendergast

13 October 2023, 8:00 AM

There is tangible risk of the current Hamas/Israel conflict escalating and some major oil producing countries becoming directly involved in combat.

Insurance Australia Group: AGM update

By Richard Coles

12 October 2023, 8:00 AM

There were positives and negatives in the update. Broadly though, we think Insurance Australia Group (ASX:IAG) should be tracking ahead of budget after 1Q24, given natural perils in the period were extremely low.

Qantas Airways: Near-term turbulence

By Billy Boulton

12 October 2023, 8:00 AM

Following Qantas Airways' (ASX:QAN) recent September market update, which highlighted higher fuel/FX costs and increased reinvestment in the business to repair its reputation and brand, we have made material downgrades to our FY24/25/26 forecasts.