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Market updates
Trump Media Shares Plunge 10% Following Debate with Kamala Harris
September 12, 2024 03:41 PM AEST| By Team Kalkine MediaShares of,Trump Media & Technology Group (TMTG),,the media company founded by Donald Trump, dropped sharply by 10.5% after the debate between Trump and his presidential opponent, Kamala Harris. The decline represents the company’s largest one-day dro...
ASX Set to Rise as Nvidia's Surge Boosts Wall Street Rally
September 12, 2024 03:40 PM AEST| By Team Kalkine MediaMemory updated,Australian shares are expected to rise following a robust session on Wall Street, driven by a surge in tech stocks and moderated expectations for future interest rate cuts. ASX futures indicated a 0.6% gain, up 50 points at 7 am AEST....
Cabot Properties Acquires Newly Built, Multi-Story Logistics Facility in Sydney for A$137.6 Million
September 12, 2024 03:35 PM AEST| By Business WireAmong Australia’s first institutional grade multi-story logistics properties, 42-52 Raymond Avenue provides ease of access to global gateway hubs, including Sydney Airport and Port Botany, and a majo...
Pan American Silver Reports Mineral Reserves and Mineral Resources as at June 30, 2024
September 12, 2024 02:07 PM AEST| By Business WireSignificant increase in estimated mineral resources for the La Colorada Skarn project Mineral reserve replacement and 1.2 million ounce increase in gold inferred mineral resources at Jacobina demo...
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Pro Medicus (ASX: PME) and Washington H Soul Pattinson (ASX: SOL): Why They Should Be on Your ASX Watchlist
September 12, 2024 01:48 PM AEST| By Team Kalkine MediaThe ASX market has seen significant movements in recent times, with Pro Medicus Limited and Washington H Soul Pattinson & Company Ltd standing out. Here’s why these two stocks could be worth adding to your watchlist.,Pro Medicus (ASX: PME),Since the...
Mike Sneesby Steps Down as Nine Entertainment CEO Amid Leadership Transition
September 12, 2024 01:42 PM AEST| By Team Kalkine MediaNine Entertainment Co. Holdings Ltd (ASX:NEC), one of Australia’s largest media and entertainment companies, announced the unexpected departure of its Chief Executive Officer, Mike Sneesby, who will step down at the end of the month. This move comes...
Vale Increases 2024 Iron Ore Production Forecast Amid Strong Performance and Market Challenges
September 12, 2024 01:41 PM AEST| By Team Kalkine MediaBrazilian mining giant Vale S.A. (NYSE:VALE), one of the world’s largest iron ore producers, has raised its 2024 iron ore production forecast following a stronger-than-expected performance in the first half of the year. The company now expects to pro...
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Beston Global Food Receives Acquisition Offer from Japanese Dairy Giant Megmilk Snow Brand
September 12, 2024 12:37 PM AEST| By Team Kalkine MediaBeston Global Food Company Ltd (ASX:BFC), an Adelaide-based dairy and food processing group, has confirmed it has received a non-binding acquisition bid from Japan’s Megmilk Snow Brand Co. Ltd (TYO:2270). The offer specifically targets Beston’s chees...
NIB Holdings CEO Mark Fitzgibbon to Step Down After 20 Years of Leadership
September 12, 2024 12:21 PM AEST| By Team Kalkine MediaNIB Holdings Ltd (ASX:NHF), one of Australia’s leading health insurers, announced a significant leadership transition as Mark Fitzgibbon, its long-standing Chief Executive Officer (CEO), will step down in November after more than two decades at the h...
Crescent Capital Sells Entire Stake in Australian Clinical Labs
September 12, 2024 12:16 PM AEST| By Team Kalkine MediaFund manager Crescent Capital has announced its complete exit from Australian Clinical Labs (ASX: ACL), marking a significant shift in its investment strategy. Crescent Capital has divested its 30.12 percent stake in ACL through a block trade, effect...
Brickworks Faces $123.5 Million Charge Amid Market Slowdown
September 12, 2024 12:15 PM AEST| By Team Kalkine MediaBrickworks Ltd (ASX:BKW), a prominent player in the global building products industry, is preparing to report a $123.5 million hit to its fiscal 2024 results. This significant charge reflects the current challenges the company faces due to a downturn...
Origin Energy Revamps Eraring Power Station for Its Final Years
September 12, 2024 12:13 PM AEST| By Team Kalkine MediaOrigin Energy (ASX: ORG) has undertaken a significant $80 million maintenance overhaul at its Eraring coal power station, a move designed to enhance the facility's operational flexibility as it approaches its final years of operation. Situated on the...
Uranium Stocks Surge Following Putin's Export Threat
September 12, 2024 12:12 PM AEST| By Team Kalkine MediaShares of uranium mining companies experienced a significant boost, positioning them for one of their strongest trading days of the year. This surge was triggered by Russian President Vladimir Putin's recent comments about potentially restricting ura...
Australian Share Market Update: ASX Gains Amid Sectoral Shifts; BHP, Nine Entertainment See Declines
September 12, 2024 12:11 PM AEST| By Team Kalkine MediaIn a notable rebound, the Australian share market demonstrated resilience as it saw broad gains following a rally on Wall Street. The benchmark S&P/ASX 200 index advanced by 0.6 percent, or 44.30 points, to reach 8032.20. This brings it within striki...
Australia's Nine Entertainment CEO Mike Sneesby to step down
September 12, 2024 11:07 AM AEST| By EODHDBy Adwitiya Srivastava (Reuters) - Australian broadcaster Nine Entertainment said on Thursday Chief Executive Officer Mike Sneesby would step down with effect from Sept. 30 and that chief finance and...
ASX 200 Expected to Rise, Driven by US Market Recovery and Commodity Gains
September 12, 2024 09:49 AM AEST| By Team Kalkine MediaHighlights:,ASX 200 futures,indicate,a positive opening with a rise of 50 points, driven by a strong overnight performance in US markets and an uptick in commodity prices.,The US core CPI came in hotter-than-expected, yet markets rebounded sharply, l...
Vaxxas Initiates Phase I Clinical Trial of Pre-Pandemic Avian Influenza A Virus (H7N9) Vaccine Delivered Using Vaxxas’ Novel High-Density Microarray Patch (HD-MAP)
September 12, 2024 03:01 AM AEST| By Business WireMulti-center Phase I clinical study will evaluate the safety and tolerability of a monovalent strain of avian influenza A (H7N9) vaccine delivered intradermally by Vaxxas’ high-density microarray pa...
New Zealand Existing & Upcoming Data Center Portfolio 2024 - ResearchAndMarkets.com
September 12, 2024 02:34 AM AEST| By Business WireDUBLIN--(BUSINESS WIRE)--The "New Zealand Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering. The upcoming data center capacity in New Zealand...
Closing Bell: ASX Dips, But Lithium Stocks Surge on China News; MinRes Jumps 17%
September 11, 2024 08:06 PM AEST| By Team Kalkine MediaThe ASX slipped 0.3% on Wednesday, dragged down by banking stocks. In contrast, the mining sector received a boost from lithium stocks, following reports that Chinese EV battery maker CATL may have suspended operations at two lepidolite mines. This p...
Asian Lithium Shares Soar as CATL Adjusts Output at Key Mine
September 11, 2024 08:05 PM AEST| By EODHD(Bloomberg) -- Asian lithium producer stocks surged on speculation Chinese battery giant Contemporary Amperex Technology Co. halted production at a major mine in Jiangxi province, easing oversupply co...
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