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Wellnex Life Secures Capital to Advance Global Growth Plans
January 09, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Wellnex Life secures funding to support listing on the London Stock Exchange's AIM.,The capital will strengthen financial stability and support international expansion efforts.,Strategic initiatives position Wellnex for greater exposure i...
Qantas Shares Soar to All-Time High Amid Positive Market Sentiment
January 08, 2025 12:25 PM AEDT| By Team Kalkine MediaHighlights,Record-Breaking Share Price:,Qantas stock hit $9.37, a new all-time high and 52-week record.,Strong 2025 Performance:,Shares are up 4.25% year-to-date and 76% over the past 12 months.,Broker Optimism:,Morgan Stanley’s “overweight” rating a...
Citi Upgrades Amcor (ASX:AMC) to "Buy" Following December Decline
January 07, 2025 01:45 PM AEDT| By Team Kalkine MediaHighlights,Citi has increased its rating on Amcor (AMC) after a recent stock drop.,Amcor's $13 billion acquisition of Berry Group is viewed as a strategic move.,Citi sets a higher price target for Amcor, reflecting optimism about future growth.,In a...
IDP Education Shares Surge After Macquarie Upgrade
January 07, 2025 12:21 PM AEDT| By Team Kalkine MediaHighlights,Stock Surge:,IDP Education's shares rise by 6.1%, reaching AU$13, the highest since November 21, after a,Macquarie upgrade,to "Outperform" from "Neutral.",Positive Outlook:,The upgrade is driven by expectations for,sustainable growth,in st...
Insider Challenges at Wide Open Agriculture (ASX:WOA) Amid Stock Decline
January 06, 2025 07:28 PM AEDT| By Team Kalkine MediaHighlights,Insiders of Wide Open Agriculture (WOA) face a significant decline in their investment value.,Insider ownership stands at 34%, reflecting some alignment with shareholders.,Largest insider purchase last year occurred at a higher price than...
Aristocrat Leisure Shares Rise Amid Continued Casino Business Outperformance
January 06, 2025 01:15 PM AEDT| By Team Kalkine MediaHighlights,Stock Performance Surge: Shares of Aristocrat Leisure (ALL.AX) rose by 0.8%, reaching a high of A$69.92, the highest level since early December 2024.,Analysts Highlight Casino Business Strength: Analysts at Jefferies noted the gaming opera...
AML3D Eyes Role in AUKUS Network with Submarine Manufacturing Milestone
January 06, 2025 11:21 AM AEDT| By Team Kalkine MediaHighlights,AML3D advances its position in the AUKUS alliance by producing copper-nickel parts for Australia’s nuclear submarine program, leveraging its cutting-edge 3D printing technology.,The company’s additive manufacturing process significantly re...
Holista Colltech Appoints Interim CEO as Part of Strategic Restructuring
January 03, 2025 04:39 PM AEDT| By Team Kalkine MediaHighlights,Leadership Transition:,Mr. Leong Man Loong, Holista’s second-largest shareholder, is appointed as Executive Director and Interim CEO to steer the company through current challenges.,Strategic Commitment:,Leong will serve an initial six-mon...
Morgans Highlights Strong Growth Potential for Treasury Wine Estates
January 02, 2025 12:03 PM AEDT| By Team Kalkine MediaHighlights,Acquisition of DAOU Vineyards:,Strengthens Treasury Wine’s premium portfolio and enhances its position in the high-end wine market.,Price Target of AU$14.80:,Morgans sets a price target of AU$14.80, reflecting confidence in the company’s g...
Wizz Air Secures Support Agreement with Pratt & Whitney Amid Ongoing Engine Groundings
December 31, 2024 07:46 PM AEDT| By Team Kalkine MediaHighlights,Wizz Air announces a compensation and support agreement with Pratt & Whitney due to the continued grounding of approximately 40 Airbus A320NEO aircraft.,Agreement covers operational support and direct cost compensation through the end of 2...
Life360 Set to Close 2024 Nearly 200% Higher, Marking Best Year Yet
December 31, 2024 11:24 AM AEDT| By Team Kalkine MediaHighlights,Record Growth,: Life360 shares are on track to end 2024 nearly,200% higher,, driven by surging demand for its family networking app.,Earnings Momentum,: The company upgraded its earnings estimates in August, triggering significant gains an...
Institutional Ownership and Insights into ARB Corporation Limited (ASX:ARB)
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Institutions hold a significant 49% stake in ARB Corporation Limited (ARB).,- The company's strong performance has delivered long-term gains to its shareholders.,- Insider ownership signals alignment with broader shareholder interests.,I...
Extended Review Timeline for SkyCity Adelaide: What’s Next?
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Extension granted for the independent review of SkyCity Adelaide operations.,- Justice Brian Martin’s report now expected by May 2025.,- Uncertainty surrounds the review's findings and potential implications.,The Liquor and Gambling Comm...
Betmakers Technology Group (ASX:BET): Aiming for Profitability in a Thriving Sector
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Betmakers Technology Group (BET) focuses on B2B wagering software and analytics.,- Analysts forecast profitability by 2027 with significant growth expectations.,- The company operates debt-free, supported by shareholder funding.,Betmaker...
Wesfarmers’ Strong Financials Reflect Promising Growth Potential (ASX:WES)
December 30, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Wesfarmers (WES) demonstrates consistent high returns on capital.,- The company’s reinvestment strategy supports long-term growth.,- Shareholders have seen substantial gains over the years.,Wesfarmers (ASX:WES) has captured the attention...
Range International Secures $575,000 Loan to Boost Cash Flow and Aim for ASX Reinstatement
December 27, 2024 11:20 AM AEDT| By Team Kalkine MediaHighlights,Range International secures AU$575,000 in loan facilities from directors and management.,Funds aim to strengthen the company's cash position and support efforts to regain ASX listing.,Loan terms include a 14% annual interest rate and a two...
Whistleblower Allegations Widen Against Super Retail Group (ASX:SUL)
December 27, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Multiple whistleblower claims against Super Retail Group (SUL).,- Allegations include workplace bullying and a toxic environment.,- Legal proceedings are set to continue with a trial scheduled for mid-2025.,Super Retail Group (ASX:SUL),...
GenusPlus Secures Major Contract for Tasmanian Renewable Energy Transmission Project
December 24, 2024 11:14 AM AEDT| By Team Kalkine MediaHighlights,Contract Secured:,GenusPlus wins NWTD Stage 1 contract as part of the AU$950 million Project Marinus.,Two-Phase Approach:,ECI Phase valued at AU$42M; Construction Phase set to begin in 2026, with completion by 2029.,Market Impact:,GNP shar...
Is Orora Limited’s (ASX:ORA) Growth Potential Under Pressure?
December 24, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,- Orora Limited (ORA) faces challenges with declining earnings.,- The company’s growth outlook lags behind market expectations.,- Analysts predict slower growth for Orora compared to broader market trends.,In the Australian stock market, w...
EOS Secures $34 Million in New Orders, Including Counter-Drone Rocket Systems
December 23, 2024 12:31 PM AEDT| By Team Kalkine MediaHighlights,New Orders:,EOS secures new orders totaling,A$33.7 million,, including counter-drone systems and remote weapon system spares.,European Expansion:,EOS lands a,EUR8.2 million,(A$13.6 million) order from a new Western European customer for Co...
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