Consumer

Coles Addresses Cost-of-Living Concerns Amid Political Pressures
November 12, 2024 03:11 PM AEDT| By Team Kalkine MediaHighlights,Coles expresses disappointment over politicization of cost-of-living issues.,Company assures cooperation with inquiries into alleged discounting practices.,Coles introduces brand initiatives to improve operations and customer appeal.,At Co...

Abacus Storage King Announces Positive Outlook for FY25
November 12, 2024 01:29 PM AEDT| By Team Kalkine MediaHighlights,Abacus Storage King reports strong FY24 performance with Funds From Operations (FFO) of $81.1 million and a statutory profit of $138.2 million.,The company experienced a 5.6% increase in Revenue Per Available Square Metre (RevPAM) for Q1 F...

Aristocrat (ASX:ALL) Sells Plarium in $820M Deal with Modern Times Group
November 12, 2024 01:27 PM AEDT| By Team Kalkine MediaHighlights,Aristocrat Leisure’s subsidiary to divest,Plarium,Global in a major deal with Modern Times Group.,Transaction to bring $820 million, with a mix of upfront and contingent payments.,Focus shifts towards Aristocrat’s core gaming and social ca...

Australian Government to Provide AU$52.6Mn Aid to Regional Express Amid Voluntary Administration
November 12, 2024 01:26 PM AEDT| By Team Kalkine MediaHighlights,The Australian government offers up to AU$80 million in funding to support Regional Express during its voluntary administration.,The airline, which entered administration in July, will extend its voluntary administration process to June 20...
Australian Consumer Sentiment Surges to 2.5-Year High in November
November 12, 2024 12:53 PM AEDT| By Team Kalkine MediaHighlights,Consumer sentiment rose 5.3% in November, building on October’s 6.2% increase.,Optimism about future finances and economic outlook reached post-pandemic highs.,Consumer confidence in falling mortgage rates hits the highest level since 2016...

Incitec Pivot Names Tanya Rybarczyk as President of Dyno Nobel Asia Pacific
November 12, 2024 12:51 PM AEDT| By Team Kalkine MediaHighlights,Tanya Rybarczyk appointed as President of Dyno Nobel Asia Pacific, effective 3 February 2025.,Rybarczyk brings 20 years of executive experience from Wesfarmers.,Interim leadership to be held by Deon Louw until Rybarczyk’s start date.,Incit...

Aristocrat Leisure Ltd. (ASX:ALL) Divests Plarium Global for Strategic Focus
November 12, 2024 12:48 PM AEDT| By Team Kalkine MediaHighlights,Aristocrat Leisure Ltd. divests,Plarium,Global for,$943 million.,Sale aligns with Aristocrat's focus on regulated gaming growth areas.,Modern Times Group (MTG),acquires,Plarium,as part of its expansion.,Aristocrat Leisure Ltd. (ASX:ALL) re...

Aristocrat Leisure Sells Mobile Gaming Arm Plarium to Modern Times Group for $820M
November 12, 2024 12:46 PM AEDT| By Team Kalkine MediaHighlights,Aristocrat to sell Plarium Global for up to $820 million to Sweden’s Modern Times Group.,Sale aligns with Aristocrat’s focus on regulated gaming content and social slots.,Company continues review of Big Fish Games, with potential $110 mill...

Coles Criticizes Political Focus on Supermarkets Amid Cost-of-Living Issues
November 12, 2024 12:25 PM AEDT| By Team Kalkine MediaHighlights,Coles,chairman,voices concern over political scrutiny.,ACCC targets Coles and Woolworths in,discount,practices case.,Chairman,highlights value of past government collaboration during crises.,Coles Group Limited (ASX:COL) Chairman James Gra...

Aristocrat Leisure's Growth and Sector Insights: Analyzing ASX:ALL Momentum
November 11, 2024 04:38 PM AEDT| By Team Kalkine MediaHighlights,Aristocrat Leisure Limited shares have risen 57.3% in 2024.,Gaming and digital entertainment drive significant revenue for Aristocrat.,ASX tech sector,demonstrates,high growth, led by margins and global reach.,The Aristocrat Leisure Limite...

Premier Investments Awaits Shareholder Vote on Ex-Executive's $4M Shares
November 11, 2024 01:28 PM AEDT| By Team Kalkine MediaHighlights,Premier seeks shareholder approval to cancel ex-,Smiggle,exec John Cheston's shares.,Board cites "serious misconduct" for departure.,Cheston to join Lovisa, led by Brett Blundy.,Premier Investments (ASX:PMV) has proposed to cancel approxim...

Fonterra Co-operative Group Moves Forward with Divestment of Global Consumer Brands
November 11, 2024 01:13 PM AEDT| By Team Kalkine MediaHighlights,Fonterra Co-operative Group set to streamline operations by divesting consumer brands.,Divestment plan focuses on enhancing core Ingredients and Foodservice sectors.,Shareholder approval needed as the process aims for completion over the n...

Endeavour Group Shares Drop to Record Low Amid Weak Sales Growth and CEO Succession Uncertainty
November 11, 2024 11:48 AM AEDT| By Team Kalkine MediaHighlights:,Sales Disappoint:,Endeavour Group reports Q1 sales growth of just 0.5%, falling short of the expected 1.9%.,Stock Slump:,Shares drop 5.9%, reaching a record low due to market concerns.,CEO Transition Concerns:,Investors await clarity on C...

Steady Growth for Endeavour Group Despite Cost Pressures
November 11, 2024 11:12 AM AEDT| By Team Kalkine MediaHighlights,Endeavour Group reports stable Q1 FY25 sales amid cost challenges.,Hotels segment sees growth, offsetting steady performance in retail.,Company focuses on cost management strategies and digital initiatives.,Endeavour Group (ASX:EDV) has sh...

IDP Education Shares Rally on Analyst Optimism Amid Recovery Hopes for Student Placement Business
November 08, 2024 04:24 PM AEDT| By Team Kalkine MediaHighlights,IDP Education shares rose 3.1% to AU$14.38, marking a high since mid-October.,Morningstar views the stock as undervalued, setting a long-term target price of AU$23.,Analysts expect IDP to capture market share and recover as student volumes...

The Calmer Co International Limited Confirms Quotation on ASX
November 08, 2024 04:16 PM AEDT| By Team Kalkine MediaH,ighlights:,Share Quotation Update,: Calmer Co International Limited has announced the quotation of 3 million fully paid ordinary securities on the ASX.,Strategic Financial Move,: This share issuance is part of the company’s broader financial strate...

Mitsubishi Heavy Industries Invests in Koloma’s U.S. White Hydrogen Push
November 08, 2024 01:16 PM AEDT| By Team Kalkine MediaHighlights,Mitsubishi Heavy Industries invests in U.S. white hydrogen market,.,Koloma,, a Denver startup, uses proprietary tech for geologic hydrogen,.,Investment supports MHI’s energy transition and decarbonization goals.,Mitsubishi Heavy Industries...

Strong Dividend Yield Stocks on the ASX for November 2024 Have Been Identified
November 07, 2024 04:00 PM AEDT| By Team Kalkine MediaHighlights:,The ASX200 has experienced a slight dip of 0.25% amid global market shifts following Donald Trump’s re-election.,Australian dividend stocks are being closely monitored as a potential source of stable returns in the current economic enviro...

Is Shine Justice Ltd (ASX:SHJ) Effectively Managing Its Debt?
November 07, 2024 03:56 PM AEDT| By Team Kalkine MediaHighlights,Shine Justice’s debt,reduced,over the past year, improving its financial position.,Cash reserves support the company's ability to manage liabilities effectively.,Impressive growth in EBIT strengthens Shine Justice’s,capacity,to manage debt...

Joyce Corporation’s Securities Have Been Assigned a New Quotation
November 07, 2024 03:52 PM AEDT| By Team Kalkine MediaHighlights:,Joyce Corporation Ltd. has issued 72,607 new fully paid ordinary securities on the ASX.,The new securities will be quoted starting November 1, 2024, as part of the company’s employee incentive scheme.,The move is designed to enhance emplo...

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