Retail

Australian Stocks Set to Rise Following Record High for S&P 500

Highlights:,Wall Street's mixed session points to a positive local market session.,S&P 500 hits a record high driven by healthcare and banking sectors...

Premier Investments (ASX:PMV): Shareholder Structure and Influence

Last week, retail investors in Premier Investments Limited (ASX:PMV) bore the majority of the impact from the AU$180 million drop in market capitaliza...

Should Eagers Automotive Limited's (ASX:APE) ROE Impress You?

Should Eagers Automotive Limited's (ASX:APE) ROE Impress You?

Myer (ASX:MYR) and Premier Investments (ASX:PMV) Merger Gains Strong...

Highlights:,Myer (,ASX:MYR,) shareholders approved the merger with Premier Investments' (,ASX:PMV,) apparel brands with over 95% support.,Premier Inve...

Wesfarmers Share Price Rises Amid Catch Closure Announcement

Highlights,Share Price Movement:,Wesfarmers' shares rose 1.5% in morning trade to AU$72.76 following the announcement.,Closure of Catch:,Catch online...

Myer and Premier Investments Shares Crash Amid Weak Updates and Merg...

Highlights,Sharp Declines in Stock Prices:,Myer Holdings dropped 16% to 96 cents, while Premier Investments plunged 15% to $28.20 in morning trade.,Ch...

ASX to Open Lower as Wall Street Sell-Off Deepens Amid US Inflation...

Highlights:,ASX 200 futures point to a 0.9% decline, reflecting Wall Street's sharp sell-off driven by unexpectedly strong US jobs data.,Rising US bon...

Accent Group Limited (ASX:AX1) Attracts Fewer Investors Than Anticip...

Accent Group Limited (ASX:AX1) Attracts Fewer Investors Than Anticipated

Unibail-Rodamco-Westfield Sells 25% Stake in Prague's Centrum Černý...

Highlights,Unibail-Rodamco-Westfield (URW) sold a,25% stake,in Centrum Černý Most, Prague, for,€553 million,, initiating a long-term joint venture.,A,...

Victorian Gas Exploration Fee Hike Sparks Debate Amid Looming Gas Sh...

Highlight:,The Victorian government has implemented a 300% increase in gas exploration permit fees, which is seen as a significant burden on the secto...

Lovisa Shares Plunge 7% Amid Broker Downgrades and Competitor Lawsui...

Highlights:,Stock Performance,: Lovisa shares dropped 7% in early trade, compounding a 9% decline over the past month.,Broker Downgrades,: UBS and Jef...

ASX Poised for Lower Open Amid Retail Sales Anticipation

Highlights,ASX 200 futures,indicate,a 0.4% dip as retail sales figures draw market focus.,Mixed global market performance driven by US jobs data, Fed...

Star Entertainment Group Faces Mounting Financial Pressure as Cash R...

Highlights,Star Entertainment Group Ltd (,ASX:SGR,) reported a 46% decline in cash reserves during Q4 2024, leaving $79 million as of December 31.,Sha...

Wall Street’s Tech Surge Fuels Optimism for ASX Performance

Highlight:,Strong gains in US technology and semiconductor stocks have positively influenced Australian markets, with ASX futures rising slightly by 0...

Wall Street's Volatile Start to 2025 and the Australian Dollar's Str...

Highlights:,Wall Street's Rocky Start:,US equity markets faced a volatile first trading day of 2025, with significant losses after an initial rally. M...

Aussie Dollar Dips to Two-Year Low Amid Market Volatility

Highlights:,ASX Futures Signal Lower Opening:,A 0.75% decline anticipated as global economic uncertainties persist.,Weak Chinese Economy Weighs on Aus...

Woolworths Group Limited (ASX:WOW) Reverses Australia Day Merchandis...

Highlights:,Strategic Shift,: Woolworths Group Limited (ASX:WOW) has reversed its 2023 decision to scale back Australia Day merchandise, now focusing...

Australian Dollar Hits Multi-Year Low Amid Yuan Weakness and US Doll...

Highlights:,The Australian dollar has dropped to its lowest level since October 2022, trading at 61.88 US cents, due to a sharp decline in the Chinese...

High Fuel Price Cycles Prolonged, NRMA Survey Reveals Discrepancies...

Highlights:,Significant Price Differences,: Perth emerges as the cheapest city for fuel at 181.4 cents per litre, while Canberra and Brisbane face the...

Market Turbulence Marks End of 2024

Highlights,Wall Street Weakness,: Major US indices, including the Dow, S&P 500, and Nasdaq, recorded declines, led by Big Tech sell-offs. The Dow fell...