Stocks
Pro Medicus Expands U.S. Presence with $30m Deal
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Pro Medicus (PME) secures a long-term partnership with Duly Health and Care.,The $30m agreement focuses on implementing advanced cloud imaging solutions.,The new system replaces legacy technologies across DHC's expansive operations.,Pro Me...
Leadership Shake-Up to Propel EML Payments Forward
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,EML Payments announces leadership changes to align with strategic goals.,Leadership transition emphasizes the company's EML 2.0 strategy.,Recent developments include a subsidiary sale and operational adjustments.,EML Payments (ASX:EML) has...
Global Streaming Giant DAZN Acquires Foxtel in a Landmark Deal
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,News Corp (NWS) and Telstra (TLS) agree to sell Foxtel to DAZN in a multi-billion-dollar transaction.,The deal includes Kayo Sports, a key digital asset in the Australian sports broadcasting market.,DAZN’s entry into Australia promises an...
Hubify Limited (ASX:HFY) Struggles with Revenue Drop and Share Price Dip
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Hubify Limited's (HFY) shares saw a significant decline of 31% recently.,The company has underperformed in revenue growth compared to industry peers.,Investors remain cautious about future growth expectations for Hubify Limited.,Hubify Lim...
Ignite Limited’s (ASX:IGN) Shares Surge Amid Revenue Challenges
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Ignite Limited (IGN) shares surged, gaining momentum despite revenue challenges.,The company’s price-to-sales ratio reflects caution amid declining financial performance.,Industry growth contrasts with Ignite's shrinking revenue over recen...
Tamboran Resources (ASX:TBN) Drills Landmark Horizontal Well in Beetaloo Basin
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Tamboran Resources (TBN) achieves a milestone with the Beetaloo Basin horizontal well.,Strong gas shows and shale properties observed, with no faulting detected.,Initial flow tests planned for early next year, supporting development goals....
Revolutionary Robotic Technology: FBR's Hadrian X Demonstrates Construction Prowess in Florida
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,FBR's (FBR) robotic bricklaying technology completes a milestone demonstration in Florida.,CRH Ventures collaborates with FBR, using advanced robotic systems for constructing nine homes.,Key performance milestones achieved, paving the way...
Understanding the Shareholder Landscape of Codan Limited (ASX:CDA)
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Individual investors and insiders each hold a substantial stake in Codan Limited (ASX:CDA).,Institutions also hold a notable portion of the company's shares, indicating broader market credibility.,Shareholder distribution showcases a balan...
Lithium Challenges Mount for IGO Limited Amid Market Slowdown
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,IGO Limited (IGO) faces challenges amid declining lithium demand.,Kwinana plant sees inventory buildup due to slow lithium sales.,Shareholders warned of no dividends through FY25.,Lithium and nickel miner IGO Limited (ASX:IGO) is grappling...
ASX Weekly Market Wrap: No Santa Rally as Key Sectors Decline
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,ASX200 Performance,: The ASX200 fell 2.76% last week, led by a sharp 4.83% decline in the Materials sector. Industrials and Utilities outperformed.,Global Markets,: US indices dropped amid Federal Reserve rate cut concerns, while Europe’s...
Neometals Ltd (ASX:NMT) Shares Decline Amid AIM Delisting Announcement
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Neometals Ltd (ASX:NMT) announced plans to delist from the AIM market, with delisting effective February 3, 2025.,The company cited low liquidity, high listing costs, and regulatory challenges as primary reasons for the decision.,UK shareh...
Austal Secures Major Contract for Patrol Boats, Boosting Maritime Security
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Austal (ASB) secures contract for two additional patrol boats for Australian Border Force.,Contract valued at approximately $137 million, raising the total fleet built by Austal to 12 vessels.,Evolved Cape-class Patrol Boats to enhance mar...
Emerging ASX Penny Stocks to Watch: Alcidion, Aims Property Fund, and Rand Mining
December 20, 2024 07:36 PM AEDT| By Team Kalkine MediaHighlights,Alcidion,Group (ALC) specializes in healthcare software with a focus on innovation,.,Aims Property Securities Fund (APW),showcases,robust financial health and high profit margins,.,Rand Mining (RND),maintains,stability with a seasoned mana...
A New Horizon for Kingsrose Mining: Råna Project's Promising Drilling Results
December 20, 2024 05:44 PM AEDT| By Team Kalkine MediaHighlights,Kingsrose Mining (KRM) unveils positive drilling results from the Råna Project in Norway.,The company emphasizes significant exploration potential for future discoveries.,Exciting outlook shared for the year ahead.,Kingsrose Mining (ASX:KR...
Integral Diagnostics Completes Merger with Capitol Health, Appoints New Directors, and Refinances Debt
December 20, 2024 02:28 PM AEDT| By Team Kalkine MediaHighlights,Merger Completion:,Integral Diagnostics (ASX: IDX) has completed its merger with Capitol Health (ASX: CAJ) through a scheme of arrangement.,Scheme Consideration:,Capitol shareholders received 0.12849 Integral shares for each Capitol share...
AUCyber Receives Unsolicited Takeover Bid from 5GN Networks at $0.11 per Share
December 20, 2024 02:27 PM AEDT| By Team Kalkine MediaHighlights,Takeover Offer:,5GN Networks Limited has made an unsolicited offer to acquire AUCyber at $0.11 cash per share.,Board Recommendation:,AUCyber's Board advises shareholders to take no action while evaluating the offer.,Non-Executive Directors...
Wesfarmers Agrees to Sell Coregas to Nippon Sanso Holdings for AU$770Mn
December 20, 2024 02:25 PM AEDT| By Team Kalkine MediaHighlights,Sale Agreement:,Wesfarmers has reached an agreement to sell its Coregas business to Nippon Sanso Holdings Corporation (NSHD) for $770 million.,Financial Impact:,Wesfarmers anticipates a pre-tax profit of $230 million to $260 million from t...
Auric Mining Signs Historic Agreement with Ngadju People to Strengthen Operations
December 20, 2024 02:19 PM AEDT| By Team Kalkine MediaHighlights,Historic Agreement:,Auric Mining signs a Project Area Wide Agreement with the Ngadju Native Title Aboriginal Corporation (NNTAC) for its operations on Ngadju land.,Partnership for Future Growth:,The agreement covers Auric’s current and fut...
Wesfarmers (ASX:WES) Plans Coregas Business Sale for Strategic Growth
December 20, 2024 02:18 PM AEDT| By Team Kalkine MediaHighlights,Wesfarmers (WES) announces,Coregas,sale to Nippon Sanso,.,Deal estimated to generate significant pre-tax profit,.,Strategic divestment aligns with portfolio management goals,.,Wesfarmers (ASX:WES) has revealed plans to divest its Coregas b...
Titan Minerals Expands Exploration at Dynasty Gold Project
December 20, 2024 02:17 PM AEDT| By Team Kalkine MediaHighlights,Titan Minerals (TTM) progresses a 10,000-metre drilling program at the Dynasty Gold Project,.,Significant gold-silver,mineralisation,continuity extended at Iguana and Cerro Verde prospects,.,Updated resource estimate planned for mid-2025 a...
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