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Consumer
Star Entertainment (ASX: SGR) Shares Surge Almost 2% Following Resolution of System Performance Issues
July 17, 2024 03:32 PM AEST| By Team Kalkine MediaShares of Star Entertainment (,ASX: SGR,) rose by almost 2.0% to AU$0.50 apiece on 17 July 2024, potentially marking the company's best trading day since 10 July 2024, provided the gains hold throughout the trading session. This positive movement com...
Wesfarmers Expands Healthcare Focus with New Director Appointment
July 16, 2024 02:39 PM AEST| By Team Kalkine MediaWesfarmers Ltd (,ASX: WES,) has made a strategic move to bolster its healthcare division by appointing Kate Munnings as a new director, sending its share price up by 0.3%. This decision comes amidst a slight downturn in the broader market, with the S...
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CAR Group (ASX: CAR) Shares React on Citi Upgrade and Optimistic Outlook
July 16, 2024 11:11 AM AEST| By Team Kalkine MediaShares of CAR Group Limited (,ASX: CAR,) saw a notable increase today, climbing as much as 2.79% to AU$36.14 apiece. This marks the highest level for the stock since 14 June 2024, reflecting growing investor confidence and a positive market response...
A2 Milk (ASX: A2M): Stellar Performance in FY24 Sets High Expectations for FY25
July 12, 2024 04:26 PM AEST| By Team Kalkine MediaA2 Milk Company Ltd (,ASX: A2M,) had an impressive year, delivering remarkable returns for its shareholders. The specialty milk company saw its shares soar by 38% in FY24, starting at AU$4.89 and closing at AU$6.77 per share. The majority of this gro...
Woolworths (ASX: WOW) Faces Challenges Amidst Tough FY 2024
July 10, 2024 02:51 PM AEST| By Team Kalkine MediaThe Woolworths Group Ltd (,ASX: WOW,) endured a challenging financial year, with its share price plummeting from AU$39.73 at the end of FY 2023 to AU$33.79 on the final trading day of FY 2024. This marked a substantial decline of 14.9% over the year,...
Incitec Pivot (ASX: IPL) End of Sale Talks with Pupuk Kaltim, Shares React
July 10, 2024 02:25 PM AEST| By Team Kalkine MediaShares of Incitec Pivot (,ASX: IPL,) fell as much as 1.38% to AU$2.86 apiece on Wednesday, poised for their largest single-day loss since 17 May 2023, if the current trend continues. This significant drop comes as the company announced the terminatio...
Flight Centre (ASX: FLT) Eyes Strong FY 2025 After Closing FY 2024 with 5.9% Share Price Gain
July 09, 2024 03:18 PM AEST| By Team Kalkine MediaFlight Centre Travel Group Ltd (,ASX: FLT,) investors have reason to anticipate a promising fiscal year ahead, with the company closing out FY 2024 on a positive note and eyeing potential gains in FY 2025. Throughout the previous financial year, Flig...
Consumer Staple Stocks Struggle Amid High Inflation and Consumer Pessimism
June 28, 2024 04:25 PM AEST| By Team Kalkine MediaAustralian consumer staple stocks (INDEXASX: XSJ) are on track for a modest 1% gain in the first half of 2024 (1H24), significantly underperforming the broader benchmark index (XJO). The muted performance reflects a challenging environment characteri...
Star Entertainment (ASX: SGR) Shares Surge Following CEO Appointment
June 26, 2024 03:09 PM AEST| By Team Kalkine MediaShares of Star Entertainment Group (,ASX: SGR,) surged as much as 0.43% to AU$0.47 apiece on 26 June 2024, marking their largest intraday percentage increase since 4 June 2024.,New Leadership Amid Regulatory Challenges,The company, which has been gra...
Star Entertainment Group (ASX: SGR) Faces Stock Decline Amid Lowered FY24 Guidance
June 25, 2024 03:31 PM AEST| By Team Kalkine MediaStar Entertainment Group Limited (,ASX: SGR,) is experiencing a downturn in its stock price on Tuesday, dropping as much as 1.06% to AU$0.46 apiece, marking its third consecutive session of declines. The casino operator recently announced a significa...
Qantas (ASX: QAN) Enhances Regional Network with Next-Generation Aircraft
June 25, 2024 03:22 PM AEST| By Team Kalkine MediaQantas Airways Ltd (,ASX: QAN,) is making headlines today as its shares soar on the back of strategic investments aimed at bolstering its regional operations. The airline, a key constituent of the S&P/ASX 200 Index (ASX: XJO), closed flat yesterday a...
Myer Holdings (ASX: MYR) Focuses on Strategic Review and Brand Portfolio Enhancement
June 24, 2024 05:04 PM AEST| By Team Kalkine MediaMyer Holdings Ltd (,ASX: MYR,) is advancing with a comprehensive review of its strategic direction, emphasising the growth of its private label and exclusive brands portfolio as a top priority. The Australian retail giant has recently announced key d...
Metcash Ltd (ASX: MTS) Faces Share Price Decline Despite Mixed Financial Results
June 24, 2024 04:24 PM AEST| By Team Kalkine MediaMetcash Ltd (,ASX: MTS,), the prominent supermarket wholesaler, witnessed a notable downturn on Monday with its shares falling by as much as 3% to AU$ 3.670. This decline comes despite the company's recently announced financial results and operationa...
Treasury Wine Estates (ASX: TWE) Continues Winning Streak with China Demand Boost"
June 21, 2024 02:56 PM AEST| By Team Kalkine MediaTreasury Wine Estates Ltd (,ASX: TWE,) saw its shares climb as much as 1.13% on 21 June 2024 to AU$12.57 apiece, marking their highest level since 11 April 2024. This surge continues the company's positive momentum, now set for its fourth consecutive...
Megaport (ASX: MP1) Announces Leadership Transition: Melinda Snowden to Become Chair of the Board
June 21, 2024 02:36 PM AEST| By Team Kalkine MediaMegaport Ltd (,ASX: MP1,) has announced a significant change in its leadership structure. Melinda Snowden will be appointed as the new Chair of the Board, succeeding Bevan Slattery, who has decided to step down from the board.,New Chair Appointment,M...
Treasury Wine Estates (ASX: TWE) Faces Investor Scrutiny Over Profit Forecast
June 20, 2024 03:32 PM AEST| By Team Kalkine MediaTreasury Wine Estates (,ASX: TWE,), Australia's leading publicly listed winemaker, saw its shares decline by as much as 1% to AU$12.320 in Thursday’s afternoon trade. The downturn follows the company's announcement of earnings forecasts for its Penfo...
Guzman Y Gomez’s (ASX: GYG) ASX Debut: A Hot Start with 36% Premium
June 20, 2024 02:08 PM AEST| By Team Kalkine MediaSydney-based fast-casual dining chain Guzman Y Gomez (ASX: GYG) made a sizzling entry into the ASX on Thursday, sparking investor enthusiasm despite challenging market conditions. The startup’s stock debuted at AU$29.90 per share, marking a 36% premi...
Treasury Wine (ASX: TWE) Leads ASX 200: Share Price Climbs Amid Market Contrast
June 19, 2024 06:34 PM AEST| By Team Kalkine MediaTreasury Wine Estates Ltd (,ASX: TWE,) shares stood out on the ASX 200 today, demonstrating a strong performance. Yesterday, the global wine company's shares closed trading at AU$12.08. However, the stock closed on Wednesday at AU$12.410, marking a g...
Investors Give Mixed Reaction to Gillon McLachlan's Appointment as Tabcorp (ASX: TAH) CEO
June 17, 2024 03:14 PM AEST| By Team Kalkine MediaTabcorp Holdings Ltd (,ASX: TAH,) has announced the appointment of former Australian Football League (AFL) chief Gillon McLachlan as its new Managing Director and Chief Executive Officer. This announcement was not well received by investors in the mo...
Former AFL Boss Gillon McLachlan to Lead Tabcorp (ASX: TAH) as New CEO and Managing Director
June 17, 2024 03:03 PM AEST| By Team Kalkine MediaAustralia's Tabcorp Holdings (,ASX: TAH,) announced on Monday the appointment of former Australian Football League (AFL) chief Gillon McLachlan as its new Chief Executive Officer (CEO) and Managing Director (MD).,With this announcement, the company's...
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