US markets were stronger in the month, with the Dow Jones up +1.69% and S&P500 up +1.84%, as investors looked past concerns over a second coronavirus wave and focused on reopening of economies, better-than-expected economic data and potential new stimulus measures. Long-dated US treasury yields were mixed, with the 2-Yr yield higher at 0.15% and
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Engineering and construction company Civmec (ASX: CVL) has been awarded a key contract at the Iron Bridge Project, Australia’s largest magnetite resource, owned by joint venture partners Fortescue Metals (ASX: FMG) and Formosa Steel. The contract will see Civmec’s Metals & Minerals division construct structural concrete components for the Project’s dry plant which will include
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Amid the aaS boom which started which is seeing some of the most random businesses claiming to be as-a-Service providers, Hugh Honey has stumbled on a gold mine as select Victorian suburbs enter COVID-19 lockdown. Throwing around buzz words like aaS, BNPL, recurring revenue and sharing economy, Honey has secured pre-IPO funding for his Address-as-a-Service
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The Advisors at Emerald Financial recently released a Speculative Buy report on Crowd Media (ASX: CM8). The Company has benefited from the growth in online-specific retail, something that has thrived through the COVID-19 pandemic due to isolation restrictions. Just look at a few of the more well-known ASX-listed retail companies that sell solely online have
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We might not be allowed out due to COVID-19 restrictions but that won’t stop Australians from getting their beloved puffer jackets for Winter with Kathmandu Holdings (ASX: KMD) reporting online sales to be up 78% over the past six weeks. The business update comes as Katmandhu continues its gradual store re-openings where the global retailer
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Although COVID-19 led to shutdown of their leisure venues, ISA Group (ASX: IDZ) has capitalised on new interest in home entertainment options where their home delivered virtual reality (VR) games were so popular that they will extend the business beyond the pandemic. Whilst their VR business Freak Entertainment was forced to shut its Penrith, NSW
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