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Market updates
Life360 Full Year 2024 Earnings: EPS Exceeds Projections
March 01, 2025 03:38 PM AEDT| By Team Kalkine MediaHighlights:,Revenue increased by over one-fifth compared to the previous year.,Net loss significantly reduced by more than four-fifths.,Earnings per share exceeded market expectations by nearly half.,Life360 (ASX:360), a company operating in the soft...
Vista Gold Corp. Announces 2024 Financial Results
March 01, 2025 12:01 PM AEDT| By Business WireDENVER--(BUSINESS WIRE)--Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced its audited financial results for the year ended December 31, 2024, with cash totaling...
Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2025
March 01, 2025 11:37 AM AEDT| By Business WireOperational and Funding Highlights Subsequently announced AUD30 million non-dilutive grant will be released from AUD65 million of funding announced in February 2023 by the Minister for Climate Chang...
Duxton Water's Full Year 2024 Earnings: EPS Exceeds Projections
March 01, 2025 09:35 AM AEDT| By Team Kalkine MediaHighlights:,Revenue sees a significant increase, driven by strong operational performance.,Earnings per share exceed projections, reflecting robust financial health.,Revenue growth expected to outpace broader industry trends in the coming years.,Duxt...
AM Best Affirms Credit Ratings of FMG Insurance Limited
March 01, 2025 04:05 AM AEDT| By Business WireSINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of FMG Insurance Limited (FMGIL) (New Zealand)...
Touchdown for In-Space Manufacturing Mission: Rocket Lab’s Pioneer Spacecraft Delivers Re-Entry for Varda’s In-Space Manufacturing Capsule in South Australia
March 01, 2025 03:00 AM AEDT| By Business WireRocket Lab designed and built the Pioneer spacecraft that hosted Varda’s capsule on orbit for six weeks carrying payloads for the U.S. Air Force Research Lab and NASA. The companies have concluded re...
Decline in US Consumer Confidence; China's Efforts to Curb Share Sales; Anticipated Tariffs on Copper
February 28, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights,AI strategies from leading tech firms raise market concerns.,Geopolitical moves impact energy and trade sectors.,Economic indicators and commodities react to policy changes.,The global marketplace is currently undergoing significant turbul...
Local Stock Exchange Falls by 1.25% Due to Tariff Concerns
February 28, 2025 04:30 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 drops 1.25% amid trade uncertainty,Materials, Consumer Staples, and Tech sectors see sharp declines,Star Entertainment (ASX:SGR) and John Lyng (ASX:JLG) lead individual stock losses,The Australian Securities Exchange (ASX) is renow...
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Kelsian Group Reports Mixed Financial Performance for First Half of 2025
February 28, 2025 03:55 PM AEDT| By Team Kalkine MediaHighlights:,Revenue Growth:,The company recorded an increase in revenue compared to the previous year.,Earnings Decline:,Net income and profit margins showed a downward trend.,Industry Outlook:,Revenue projections remain in line with broader sector t...
Cavalier Resources' Market Cap Climbs to AU$9.8m, Boosted by Insider Stock Purchases
February 28, 2025 03:50 PM AEDT| By Team Kalkine MediaHighlights:,Cavalier Resources insiders have made notable acquisitions over the past year, aligning with shareholder interests.,The company's stock price has risen significantly, reflecting an increase in market capitalization.,No insider sales were...
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Ownership Structure of Origin Energy Limited (ASX:ORG) and Its Influence
February 28, 2025 03:48 PM AEDT| By Team Kalkine MediaHighlights:,Retail stakeholders account for a substantial share of Origin Energy, impacting overall company dynamics.,Institutional participation reflects broad engagement from large entities in the company's framework.,A segment of shares is held by...
Australian Wealth Advisors Group Reports Strong Revenue Growth and Improved Profitability
February 28, 2025 03:47 PM AEDT| By Team Kalkine MediaHighlights:,Revenue increased significantly compared to the previous year.,Net income improved, reversing the prior period's loss.,Profit margin saw a notable rise, reflecting operational efficiency.,Australian Wealth Advisors Group (ASX:WAG), operat...
Market Overreaction? Why China Tariff Fears Might Be Overblown
February 28, 2025 01:30 PM AEDT| By Team Kalkine MediaHighlights,Market concerns over,additional,China tariffs may be premature.,Past tariff changes,indicate,uncertainty in actual implementation.,Broader economic factors could soften the impact on Australian exporters.,The recent decision by the U.S. ad...
ASX Dips as Miners and Retailers Weigh on Market; Endeavour Group (ASX:EDV) Falls 6%
February 28, 2025 01:10 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 slips as commodity concerns and global tariff worries impact sentiment.,Major miners, including BHP (,ASX:BHP,) and Rio Tinto (,ASX:RIO,), retreat amid weaker demand fears.,Endeavour Group (,ASX:EDV,) declines 6% after reporting a...
Tokyo Inflation Cools More Than Expected: What It Means for Markets
February 28, 2025 01:01 PM AEDT| By Team Kalkine MediaHighlights,Tokyo's core inflation slowed to 2.2% in February, missing estimates.,Government subsidies played a role in distorting energy cost readings.,The Bank of Japan may still move forward with interest rate adjustments.,Inflation in Tokyo eased...
Delta Electricity and Samsung Join Forces for a Battery Project at Vales Point
February 28, 2025 12:51 PM AEDT| By Team Kalkine MediaHighlights,Delta Electricity and Samsung collaborate on a battery project at Vales Point.,The initiative aims to extend the site’s role in Australia’s energy landscape post-closure.,The project could enhance energy security and support renewable tran...
ASX Stumbles as Miners Weigh Heavy; Star Entertainment Faces Uncertain Future
February 28, 2025 12:48 PM AEDT| By Team Kalkine MediaHighlights,Market dips,as mining stocks react to tariff concerns.,Star Entertainment (,ASX:SGR,),faces a critical financial crossroads.,Life360 (ASX:360),and,Vista Group (,ASX:VGL,),surge,on strong earnings.,The Australian stock market wrapped up the...
Australia Post's Profit Surges on Parcel Boom and Policy Changes
February 28, 2025 11:37 AM AEDT| By Team Kalkine MediaHighlights:,Strong first-half profit driven by record parcel deliveries and policy adjustments,Revenue growth led by parcel and services division,Reduced letter losses contribute to overall financial stability,Australia Post has delivered a strong fi...
Market Jitters as Trade Tariff Worries Weigh on Equities
February 28, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights,Market slides amid renewed trade tariff concerns.,Commodity prices pressured by stronger U.S. dollar and China’s steel output cuts.,Key sectors, including materials and energy, face early declines.,Global equity markets faced fresh turbule...
A Southern Hemisphere First – New Cutting-Edge Radiotherapy now available at Icon Cancer Centre
February 28, 2025 11:30 AM AEDT| By Business WirePERTH, Australia--(BUSINESS WIRE)--Cancer patients being treated at Icon Group’s Icon Cancer Centre Midland are now benefitting from the latest state-of-the-art radiation treatment planning and delive...
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