WOW’s 1H22 result was in line with expectations, EBIT of $1,4bn, and management expects improved financial performance in 2H22 as the environment normalises.
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Sonic Healthcareis under Algo Engine buy conditions. The underlying earnings remain strong and we expect buying support to build within the indicated range.
Citigroup’s total exposure to Russia amounts to nearly $10 billion. Citigroup warned generally of a potential hit to its business from escalated tensions between the West and Russia following its invasion of Ukraine.
With $285M of stock bought since August 2021, the Board has approved an increase in the scale of the buy-back program to allow up to a further $700 million to be bought over the next 12 months
BlueScope delivers record underlying EBIT of $2.20Bn, increases on-market buy-back; commences feasibility, analysis on blast furnace reline at Port Kembla