Consumer
Qantas (ASX:QAN) to acquire 100% of Alliance Aviation (ASX:AQZ)
May 05, 2022 03:56 PM AEST | By RitwikaHighlights Qantas will be acquiring the remaining shares of its 20% owned Alliance Aviation. The acquisition is subjected to Alliance shareholder...
Graincorp (ASX:GNC) shares close higher on surging crops’ demand
May 03, 2022 07:12 PM AEST | By SamtaHighlights GNC shares are rising on a recent hike in global demand for Australian grain and oilseed. The stock has gained 38% over the last three...
Cleanaway (ASX:CWY) lowers EBITDA guidance for FY22, shares fall
May 03, 2022 12:57 PM AEST | By RitwikaHighlights: Cleanaway will continue to face COVID-19 impacts during the remaining FY22. The company will also see the impacts of higher fuel...
Why Woolworths (ASX:WOW) shares are down despite strong Q3 sales gro...
May 03, 2022 10:57 AM AEST | By AshishHighlights Woolworths’ March quarter sales shot up 9.7% to AU$15.1 billion. The retail giant’s e-commerce sales were up 33.4%...
MHJ, CCX, ATP: Quarterly updates from apparel and jewellery stocks
May 02, 2022 08:02 PM AEST | By Aditi SarkarHighlights Michael Hill witnessed robust sales growth in the May quarter City Chic made new partnerships with The Iconic, Dia, Amazon, Walmart,...
WEB, FLT: Why are ASX ‘air travel’ stocks under investors’ radar tod...
May 02, 2022 07:15 PM AEST | By RitwikaHighlights Qantas’ announcement made investors rejuvenate the ASX air travel stocks that had been suffering from the impacts of COVID-19.&n...
Qantas (ASX:QAN) shares gain 3.6% on 3QFY22 & fleet updates
May 02, 2022 01:16 PM AEST | By Bhawna GuptaHighlights Qantas has announced several major fleet decisions today. Simultaneously, the company has shared its 3QFY22 results. The recovery in b...
Helloworld (ASX:HLO) reports strong revenue as travel business resum...
May 02, 2022 12:38 PM AEST | By RitwikaHighlights Helloworld has regained confidence after its business suffered for two years due to COVID-19. The company reported a revenue gain...
Lark Distilling (ASX:LRK) shares gain on 4C market update
April 29, 2022 01:22 PM AEST | By Bhawna GuptaHighlights: Lark is on track to meet its aim of two million litres whiskey by 30 June 2022. The whisky bank's value has climbed by AU$132 million...
Adore Beauty (ASX:ABY) shares gain on third quarter results
April 28, 2022 12:49 PM AEST | By Sonal GoyalHighlights Adore Beauty has reported 9% increase in the third quarter revenue. The ASX-listed fashion retailer said that its 47% customers have...
Coles (ASX:COL) boosts Q3 revenue; sounds price rise warning
April 28, 2022 11:09 AM AEST | By AshishHighlights Coles Group announced a 3.9% rise in gross retail sales. The retail giant’s supermarket segment faced pressure from flood...
Bubs’ (ASX:BUB) gross revenue jumps 49% in FY22 third quarter
April 26, 2022 02:18 PM AEST | By Aditi SahaHighlights Bubs has posted a gross revenue of AU$17.6 million in FY22 third quarter. The company has marked a positive pcp growth momentum in al...
United Malt (ASX:UMG) releases FY22 earnings guidance; how are share...
April 26, 2022 11:19 AM AEST | By AshishHighlights United Malt expects EBITDA (before SaaS costs) for the first half to be nearly AU$57 million. The company also said that its di...
Qantas (ASX:QAN) shares end 4% higher as international travel picks...
April 21, 2022 07:23 PM AEST | By Sonal GoyalQantas Airways Limited (ASX:QAN) shares ended sharply higher on the ASX today (21 April 2022) as the travel industry has started showing signs of pick...
Crown (ASX:CWN) may pay A$100M fine; shares trade in red
April 06, 2022 12:40 PM AEST | By RitwikaHighlights Crown was found to be executing the Chinese Union Pay process to transfer funds from China illegally. The Victorian Gambling and Casi...
Shares of Alliance (ASX:AQZ) & Qantas (ASX:QAN) soar on ACCC’s decla...
April 05, 2022 01:25 PM AEST | By Aditi SahaHighlights In 2019, Qantas Airways acquired a 19.9% stake in Alliance Aviation Services Limited. Qantas received a significant jolt after th...
Vmoto (ASX:VMT) inks strategic & investment deals in Europe
April 04, 2022 11:25 AM AEST | By Sukriti NairHighlights European entrepreneurs Castiglioni and Milone to acquire 50% stake in Vmoto’s Italian distribution company VSI. VMT’s fin...
Corporate Travel (ASX:CTD) acquires Helloworld's (ASX:HLO) travel un...
April 01, 2022 02:16 PM AEDT | By Aditi SahaHighlights Helloworld Corporate has been purchased for AU$175 million by Corporate Travel Management. Consideration for the transaction includes A...
Wesfarmers (ASX:WES) completes API (ASX:API) acquisition, shares fal...
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 tradin...
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...
5 ASX Companies Leveraging AI to Drive Growth in 2024