Consumer

Harvey Norman (ASX: HVN) Faces Class Action as Shares Show Modest Gain Amid Legal Controversy
September 18, 2024 01:11 PM AEST| By Team Kalkine MediaOn Wednesday, shares of Harvey Norman Holdings Ltd,(ASX: HVN),experienced a modest increase of 0.62%, trading at $4.85 each by lunchtime in Sydney. This uptick in the share price occurs against the backdrop of a significant legal challenge facing the...

Wesfarmers’ (ASX:WES) Bunnings Seeks New Growth Avenues to Driver Growth and Expand Opportunities
September 18, 2024 11:18 AM AEST| By Team Kalkine MediaOwning shares in Wesfarmers Ltd (ASX:WES) provides investors with exposure to a variety of high-quality businesses, including Bunnings, Kmart, and Officeworks. Among these, Bunnings stands out as the company’s most crucial division, contributing sign...
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Coles Group (ASX:COL) shares surge in 2024. What analysts are saying?
September 18, 2024 10:39 AM AEST| By Team Kalkine MediaColes Group Ltd (ASX:COL) has had an impressive run in 2024, with shares surging 18.7% year to date, closing at AU$19.12 on Tuesday. This outpaces the S&P/ASX 200 Index (ASX:XJO), which has risen by 7.2% during the same period. Shareholders have also...

Downer (ASX:DOW) Celebrates Milestone with Delivery of 2,000th Motor Control Centre Skid for Santos (ASX:STO)
September 17, 2024 01:55 PM AEST| By Team Kalkine MediaIn a landmark achievement for Downer EDI Limited (ASX:DOW), the company’s Industrial & Power Generation team has successfully delivered its 2,000th Motor Control Centre (MCC) skid for Santos (ASX:STO). This milestone, reached in August, highlights Do...

Atlas Arteria (ASX:ALX) Announces Successful Bond Issuance by APRR
September 17, 2024 11:21 AM AEST| By Team Kalkine MediaAtlas Arteria (ASX:ALX) has revealed that its subsidiary, APRR, has successfully priced €500 million in bonds under its Euro Medium Term Note Programme.,Key Details of the Bond Issuance,The newly issued bonds have a term of 9.3 years, with a maturity...

Bubs Australia (ASX:BUB) Forecasts Full US FDA Market Approval by October 2025
September 17, 2024 10:35 AM AEST| By Team Kalkine MediaBubs Australia (ASX:BUB), a key player in the infant formula market, has projected that it will gain full market access approval from the U.S. Food and Drug Administration (FDA) by October 2025. This forecast marks a significant milestone for the com...

Star Entertainment Group’s (ASX:SGR) Shareholder Landscape: Key Insights
September 16, 2024 01:16 PM AEST| By Team Kalkine MediaUnderstanding the ownership structure of Star Entertainment Group Limited (ASX:SGR) provides valuable insights into the company's governance and potential market behavior. A close examination reveals that individual investors wield substantial influe...

Sprintex Ltd (ASX: SIX) Gears Up for Major Expansion with New Production Milestones
September 13, 2024 06:48 PM AEST| By Team Kalkine MediaSprintex Ltd,(ASX: SIX),is poised for a significant transformation as it transitions into mass production, setting the stage for substantial revenue and profit growth. The company’s recent funding boost positions it to ramp up production, marking the...

Namoi Cotton Ltd Takeover Battle Heats Up as Olam Agri Boosts Offer
September 13, 2024 04:48 PM AEST| By Team Kalkine MediaThe takeover battle for Namoi Cotton Ltd,(ASX: NAM),has reached another significant development, with Olam Agri Australia Pty Ltd raising its offer price to $0.75 per Namoi share. This move comes in response to an ongoing bidding war with Louis Dreyf...

Metcash Ltd (ASX:MTS) Shares Dip as FY 2025 Trading Update Reveals Mixed Performance
September 13, 2024 01:39 PM AEST| By Team Kalkine MediaShares of Metcash Ltd (ASX:MTS) experienced a dip of 0.5% to AU$3.55 on Friday morning following the release of a trading update ahead of the company's annual general meeting. Despite a positive sales growth report, investor sentiment appears to be c...

ALS (ASX:ALQ) share price jumps 79% in five years. Here’s Why.
September 10, 2024 02:24 PM AEST| By Team Kalkine MediaInvestors typically seek stocks that outperform the market average, and ALS Limited (ASX:ALQ) has demonstrated significant long-term gains. Over the past five years, ALS Limited has seen its share price increase by 79%, substantially outperforming th...

Premier Investments Ltd (ASX: PMV) Share Price Update Following FY24 Announcement
September 09, 2024 04:54 PM AEST| By Team Kalkine MediaPremier Investments Ltd,(ASX: PMV),, the prominent Australian retail conglomerate, has recently seen a notable dip in its share price, declining by more than 4% after the company revealed its preliminary financial performance for the fiscal year 2024...

ARB (ASX: ARB) Share Price Spotlighted by Recent US Acquisition
September 09, 2024 04:51 PM AEST| By Team Kalkine MediaARB Corporation Ltd, an,ASX consumer stock,and Australia's leading manufacturer and distributor of 4×4 accessories, has recently made headlines with its latest acquisition move. The company, which operates a significant international network spanning...
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ARB Corporation (ASX:ARB) Shares Surge as U.S. Acquisition Expands Presence in Growth Market
September 09, 2024 03:41 PM AEST| By Team Kalkine MediaShares of ARB Corporation (ASX:ARB), Australia's leading motor vehicle parts maker, surged 5.6% to AU$42.075 on Monday, marking their best trading day since August 20. The significant rise comes on the back of an announcement that ARB’s U.S.-based as...

Qantas Airways (ASX:QAN) Stock Rises as Analysts Forecast Earnings Support and Fuel Price Benefits
September 09, 2024 03:39 PM AEST| By Team Kalkine MediaShares of Australia’s Qantas Airways (ASX:QAN) edged up 0.7% to AU$6.79 in recent trading, buoyed by improving earnings momentum and favorable sentiment surrounding the company’s outlook. Analysts at Jarden have expressed optimism about the flag carr...

Macquarie Cuts Price Target for Fletcher Building (ASX:FBU) Amid Ongoing Plumbing Issues in Australia
September 09, 2024 03:33 PM AEST| By Team Kalkine MediaFletcher Building Limited (ASX:FBU), one of New Zealand’s largest construction and building materials companies, continues to face pressure as analysts at Macquarie have lowered the company’s price target. The ongoing issues with defective pipes supp...

Domino’s Pizza Enterprises Limited (ASX: DMP) Faces Class Action Lawsuit
September 09, 2024 12:32 PM AEST| By Team Kalkine MediaShares of Domino’s Pizza Enterprises Limited,(ASX: DMP),are experiencing a decline this morning, falling 2.3% to trade at $29.24. The drop comes in response to news that the company is facing a class action lawsuit from shareholders. "The legal actio...

Solomon Lew Dismisses Smiggle Boss Amid Misconduct Allegations
September 09, 2024 11:14 AM AEST| By Team Kalkine MediaRetail magnate Solomon Lew has made headlines with the abrupt termination of John Cheston, the Managing Director of Smiggle, a popular kids' stationery chain. Cheston’s dismissal, effective immediately, has been attributed to "serious misconduct" and...

ARB Corporation's US Associate ORW to Acquire 4 Wheel Parts Retail Assets for $30 Million
September 09, 2024 10:27 AM AEST| By Team Kalkine MediaARB Corporation Limited (ASX:ARB), a leader in off-road vehicle accessories, announced that its U.S.-based associate, ORW USA, Inc. (ORW), has entered into a conditional Asset Purchase Agreement (APA) to acquire the retail assets of 4 Wheel Parts (4W...

Star Entertainment Offloads Treasury Property Amid Financial Struggles
September 09, 2024 10:25 AM AEST| By Team Kalkine MediaStar Entertainment Group (ASX:SGR), one of Australia's largest gaming companies, has sold its iconic Treasury property in Brisbane to Griffith University for $67.5 million. The embattled gaming giant made the announcement late on Friday, putting an e...

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