Consumer

Closing Bell: Retail Stocks Fall After Accent AGM, and Gold Rise

Highlights:,The ASX ended Thursday marginally lower by 0.04%, reversing earlier gains as market direction remained uncertain.,The discretionary sector...

IDP Education Shares Hit Four-Year Low, What's Happening?

Highlights,Shares down 68%,: IDP Education’s stock has fallen sharply, reaching its lowest point in four years.,Goldman Sachs remains bullish,: Despit...

Forbidden Foods Expands OMG Range and Eyes Netball Sponsorship for G...

Highlights,Forbidden Foods expands OMG products to over 450 Woolworths stores,.,Sales rise by 44% month-over-month in October to $360,000,.,The compan...

Web Travel Group Faces Audit Adjustments and Delays Earnings Report

Highlights,Web Travel adjusts prior financial reports following auditor review,.,Shares dropped by 5.7% amidst delayed results,announcement,.,Changes,...

Full-Year 2024 Revenues at GrainCorp Exceed Projections, EPS Disappo...

Highlights:,GrainCorp’s revenue decreased by 21% from the previous year, totaling AU$6.51 billion.,Net income saw a significant drop of 75%, amounting...

Amcor (ASX:AMC) Strengthens Position with $13 Billion Acquisition of...

Highlights,Amcor merges with Berry Global in a,$13 billion,all-stock deal,.,Shareholders of Berry Global to receive 7.25 Amcor shares per Berry share,...

Southern Africa’s Energy Crisis: Botala Energy's (ASX:BTE) Role

Highlights,Southern Africa faces a pressing energy crisis with widespread electricity shortages,.,Botala,Energy leverages coal bed methane and solar t...

Web Travel Group Shares Suspended Amid Financial Reporting Delays

Highlights,Suspension to Address Financial Adjustments,: Web Travel stock suspended until at least November 21, with a possible extension to November...

Nick Scali Faces Shipping Delays Amid Freight Partner Collapse

Highlights,Logistics partner collapse,impacts,operations.,Hundreds of containers delayed, affecting profits,.,Rising costs and penalties add to financ...

Insider Ownership and Recent Stock Trends: Botala Energy (ASX:BTE)

Highlights,Botala,Energy's stock experiences a 10% drop,,impacting,insider investments,.,Insiders hold a significant 42% stake, worth,approximately AU...

PWR Holdings Sees Sharp Decline in Profit Guidance for FY25

Highlights,PWR Holdings,anticipates,a significant drop in its profit after tax for the first half of FY25,.,Weakness in original equipment manufacturi...

Amcor (ASX:AMC) to Merge with Berry Group in $13 Billion Packaging D...

Highlights,Amcor announces a,$13 billion,merger with Berry Group,.,The combined entity will become a global leader in packaging,.,The deal promises sy...

Doug Rathbone's Continued Leadership Amid Elders' $475 Million Delta...

Highlights,Doug Rathbone remains involved with Delta Agribusiness post-Elders acquisition.,Elders enhances its position with Delta acquisition for $47...

Australia’s Energy Transition: Origin Energy (ASX:ORG) CEO Urges Urg...

Highlights,Origin Energy emphasizes Australia’s need for coal-free energy preparedness.,CEO calls for robust reforms to ensure smooth renewable energy...

Maggie Beer Holdings (ASX:MBH): Assessing its Value Amid Recent Pric...

Highlights,Maggie Beer,Holdings,shares have dropped significantly, down 32% in the past month,.,The company’s price-to-sales (P/S) ratio is notably lo...

Revenue Challenges Impact Oliver’s Real Food (ASX:OLI) Amid Share Pr...

Highlights,Oliver’s Real Food,sees,a significant share price decline over the past month,.,Revenue growth,remains,below industry expectations,,impacti...

Academies Australasia (ASX:AKG) Faces Scrutiny Over CEO Pay and Perf...

Highlights,Academies Australasia's revenue stagnates, with earnings per share declining over three years,.,Shareholders face steep stock return declin...

Promising ROCE Trends at Retail Food Group (ASX: RFG)

Highlights,Retail Food Group shows signs of profitability improvement with positive ROCE trends.,The company's capital reinvestment strategy is yieldi...

Nufarm Reports FY24 Financial Results with Resilient Performance Des...

Highlights,Strong Cost Management,: Nufarm cut net debt by 25% and reduced working capital by 30% through disciplined inventory practices.,Steady EBIT...

Biome Australia (ASX: BIO) Reaches IP Milestone in Probiotic Develop...

Highlights,Biome Australia progresses with intellectual property for Lactobacillus plantarum strain BMB18.,German culture bank DSMZ secures strain as...