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Woodside reports half-year profit of $1.94 billion after key project milestones


Woodside reports half-year profit of .94 billion after key project milestones

Woodside reported net profit after tax (NPAT) of $1.94 billion for the half year. Underlying NPAT was $1.63 billion, a 14% decrease from the same period in 2023. The company generated operating cash flow of $2.4 billion and positive free cash flow of $740 million. Woodside had a strong liquidity position at $8.48 billion. The […]

A good defensive stock to buy?


A good defensive stock to buy?

We recently published a list of The 10 best defensive stocks to buy now. In this article, we take a look at how Constellation Brands, Inc. (NYSE:STZ) compares to other defensive stocks. Defensive stocks tend to remain stable and are less affected by economic downturns. These companies operate in sectors that provide essential goods and […]

“It is a good time to rebalance the portfolio given the volatility”


“It is a good time to rebalance the portfolio given the volatility”

It was a volatile week for the major US indices (^DJI, ^GSPC, ^IXIC) after the July employment report stoked investors’ fears of a recession. Sandra Cho, founder and CEO of Pointwealth Capital Management, explains in Wealth! how to best manage your portfolio and navigate the market in volatile times. “We’re used to very low volatility. […]