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Wesfarmers (ASX:WES) completes API (ASX:API) acquisition, shares fall
April 01, 2022 12:07 PM AEDT| By Priyanka PayalHighlights Wesfarmers Limited has finished the acquisition of Australian Pharmaceutical Industries Limited. Wesfarmers' shares were spotted trading 1.964% lower at AU$49.420 per share on ASX at 10:39 AM AEDT. Earlier, API shareholders had vote.....
Inside Qantas’ (ASX:QAN) plan to achieve net zero emissions by 2050
March 31, 2022 09:34 AM AEDT| By AshishHighlights Qantas aims to make sustainability a key pillar of decision-making across all areas of the business. The national airline plans to invest in sustainable aviation fuel (SAF). The company also intends to boost its fuel effic...
Why are Star Entertainment (ASX:SGR) shares trading in red today?
March 30, 2022 01:56 PM AEDT| By RitwikaHighlights Star Entertainment shares dip on class action announcement on Wednesday. Slater & Gordon issued a securities class action statement to Star Entertainment in the Supreme Court of Victoria. Star Entertainment intends to defend the.....
PLY, ICI: Two ASX gaming stocks with over 30% past-year gains
March 30, 2022 11:31 AM AEDT| By AshishHighlights Sony is soon expected to launch a new video game subscription service for PlayStation. Sony’s new service is being seen as its response to Microsoft Corp's Xbox Game Pass. Sony Group Corp is in preparations to...
FIRB approves Blackstone's acquisition of Crown (ASX:CWN)
March 29, 2022 04:26 PM AEDT| By Aditi SahaHighlights The FIRB nod is the first step towards Crown Resorts acquisition by US-based Blackstone Group. The takeover still requires approval by relevant regulators and the shareholders of Crown. In was in February, that Crown enter.....
Cardno (ASX:CDD) to sell ‘Cardno International’ to DT Global for AU$56M
March 28, 2022 08:39 PM AEDT| By Sonal GoyalHighlights Cardno Limited has inked a share purchase agreement with DT Global. The cost of transaction is around AU$56.5 million. The bulk of the proceeds will be distributed among the shareholders. Environmental, social and i.....
What caused APA share prices to hit 52-week high on ASX?
March 28, 2022 07:34 PM AEDT| By Aditi SahaHighlights APA Group’s (ASX:APA) share price skyrocketed on Monday, reaching a new 52-week high of AU$10.62 at the day's peak. The strong performance of the S&P/ASX 200 Utilities Index on Monday may have contributed to the rise .....
The Star Group (ASX:SGR) CEO Bekier resigns amid ongoing probe
March 28, 2022 02:05 PM AEDT| By Aditi SahaHighlights The Star Entertainment Group has shared today that Matt Bekier has resigned as the CEO (Chief Executive Officer) and managing director, and the board has accepted his resignation. Bekier's decision is in response to concerns highligh.....
SKT, SWM: Two ASX media stocks with over 34% gains in past 6 months
March 28, 2022 11:23 AM AEDT| By AshishHighlights The 2022 Oscars’ presentation ceremony is currently undergoing. As a result, ASX-listed media & entertainment could be in focus today. There are a few stocks in the category which have kicked off 2022 on a decent...
Synlait (ASX:SM1) lowers full-year guidance; here’s how shares may react
May 24, 2021 09:33 AM AEST| By AshishSynlait Milk Ltd (ASX:SM1 NZX:SML) on Monday said that it has downgraded its full-year (FY21) guidance. The food & beverages firm said that the decision to alter its FY21 guidance was on account of expectations of shipping delays and lower pric.....
Are these 3 ASX Stocks Popular among Investors for FY2021? JB Hi-Fi, Harvey Norman, Nick Scali
September 09, 2020 03:15 PM AEST| By Team Kalkine MediaSummary Numerous ASX listed retailers such as JBH, HVN and NCK have swept the market with their respective robust business performances during FY20, albeit with a few hiccups. Furthermore, these retailers have stood their ground and have commen.....
Entertainment Stocks Affected by Extended Lockdown, When Is the Happy Hour Coming Back? VRL, OML
September 08, 2020 02:54 AM AEST| By Team Kalkine MediaSummary The entertainment industry is one of the worst-hit amid the pandemic and continues to experience hindrances to operate under full capacity. Many companies from this sector were provisionally closed during the June quarter 2020 due to th.....
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Why are ASX 200 Travel Stocks under spotlight with Australia's extended travel restrictions?
September 07, 2020 01:47 PM AEST| By Team Kalkine MediaSummary Restrictions affecting overseas travel and cruise ships entry into Australia have been extended until 17 December. PM Scott Morrison pushed states to reopen borders by Christmas in a move to bring back more Australians home and suggeste.....
How did FY2020 turn out for the ASX200 player SkyCity?
September 06, 2020 02:53 AM AEST| By Hina ChowdharySummary Gaming and entertainment company SkyCity Entertainment Group has been under pressure with COVID-19 restrictions leading to the closure of casinos and restaurants. Despite the ongoing ‘pandemic-related’ challenges and the imp.....
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Australian retailers witness solid sales in July: A look at 2 ASX retail stocks
September 05, 2020 02:32 PM AEST| By Team Kalkine MediaSummary As per ABS, Australian retail turnover increased 3.2% in July 2020 in seasonally adjusted terms, with sales in household goods being particularly strong. NAB Online Retail Sales Index jumped 6.7% (month-on month basis) in July due.....
ASX Small Cap Retailers Flying High - AuMake, Harris Technology, Temple & Webster
September 05, 2020 12:20 AM AEST| By Team Kalkine MediaSummary COVID-19 pandemic has reshaped the retail experience, with social distancing and other norms pushing people towards digital platforms. Small-cap retailers like AuMake, Harris Technology and Temple & Webster have highlighted impressi.....
How Domino’s Pizza, JB Hi-Fi and Kogan Turned ASX Pandemic Stars?
September 03, 2020 03:57 AM AEST| By Team Kalkine MediaSummary Reporting season is over now, and market participants must be finding the reasons for divergences in their anticipated numbers and actual numbers reported by companies. As a result of the pandemic, expectations of market participants we.....
How Coles Became One of The Top ASX 100 Stocks Being Watched?
September 01, 2020 03:21 PM AEST| By Team Kalkine MediaSummary Consumer Staples has been one of the sectors that benefitted from the pandemic with essential items witnessing a surge in demand amid COVID-19-induced lockdown. Retail chain major Coles Group shares have been in the limelight post the f.....
Impressive! Pental’s Strong FY20 Performance May Maintain Momentum in FY21
September 01, 2020 01:40 PM AEST| By Team Kalkine MediaSummary Pental Limited reported a very successful FY20 focussing on core brands, launching new products, driving further efficiencies in manufacturing, and growing its business significantly. In a highly competitive market, there is strong dema.....
Lens on ASX 200 listed Consumer Discretionary Stocks Breville, ARB Corp and Bapcor
August 31, 2020 04:54 PM AEST| By Team Kalkine MediaSummary Consumer Discretionary sector, despite the impact of COVID-19, has performed well with the companies adopting notable management decisions. The S&P/ASX 200 Consumer Discretionary index has closed in on pre-COVID-19 level. Breville G.....
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