The Latest Breaking News from ACM

Readers respond to our open letter to the RBA boss

The federal government will seek to provide regional media grants in the coming weeks to ease cost pressures.

Do Morrison and Albanese pass the Pub Test? Here's what the punters said

Among the region's biggest gains was the $10 million sale of a Mollymook home, five years after it changed hands for $2.36 million.

Bipartisan paper price help welcomed

AECOM (NYSE:ACM) reported a second-quarter revenue decline of 2% year-over-year to $3.21 billion, missing the consensus of $3.43 billion. Net Service Revenue (NSR) increased by 4% Y/Y to $1.61 billion. Gross margin expanded by 55 bps to 6.5%. The operating income declined by 29.3% Y/Y to $111.5 million, and the margin contracted…

Regional newspapers sounding the alarm over a devastating price hike have been offered a lifeline.

ACM Research, Inc (NASDAQ:ACMR) reported a first-quarter FY22 revenue decline of 3.5% year-on-year to $42.2 million, missing the consensus of $51.8 million. The decline reflected lower revenue from single wafer wet cleaning tools, advanced packaging, and other back-end processing equipment due to COVID-19 restrictions in Shanghai.  The Shanghai lockdown negatively impacted revenue from…

Barnaby: "We must have a vibrant fourth estate, otherwise I can get away with anything."