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Stocks
TPG (ASX: TPG) Share Price Rises 7% Following HY24 Results
August 30, 2024 05:30 PM AEST| By Team Kalkine MediaThe share price of TPG Telecom Ltd,(ASX: TPG),has risen approximately 7% following the company’s release of its FY24 half-year results.,As one of Australia’s major telecommunications providers, TPG, an,ASX communication stock,, operates under well-kn...
TPG (ASX: TPG) Share Price Rises 7% Following HY24 Results
August 30, 2024 05:30 PM AEST| By Team Kalkine MediaThe share price of TPG Telecom Ltd,(ASX: TPG),has risen approximately 7% following the company’s release of its FY24 half-year results.,As one of Australia’s major telecommunications providers, TPG, an,ASX communication stock,, operates under well-kn...
PLS and ASX Ltd: 2 ASX Shares Worth a Closer Look
August 30, 2024 03:34 PM AEST| By Team Kalkine MediaThe share price of Pilbara Minerals Ltd has fallen by 26.9% since the start of 2024, while the ASX Ltd share price is 14.0% above its 52-week lows.,PLS (ASX: PLS) Overview,Pilbara Minerals is a major player in the lithium sector, owning 100% of the P...
2 ASX Shares Gaining Attention: BHP and XRO
August 30, 2024 03:31 PM AEST| By Team Kalkine MediaThe BHP Group Ltd share price has fallen by 19.7% since the beginning of 2024, prompting questions about whether it currently represents good value. Meanwhile, the Xero Ltd share price is now just 0.6% away from its 52-week high.,BHP Share Price Ove...
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Wesfarmers (ASX: WES) Shares in the Spotlight After FY24 Results
August 30, 2024 03:30 PM AEST| By Team Kalkine MediaThis week, Wesfarmers Ltd (ASX: WES) shares drew significant attention following the release of the company’s FY24 results.,Wesfarmers, a diverse conglomerate, owns several well-known businesses, including Bunnings, Kmart, Officeworks, Target, Pricel...
Harvey Norman Shares Plunge 6.5% on Disappointing Earnings and Sales Decline
August 30, 2024 02:59 PM AEST| By Team Kalkine MediaShares of Australian furniture and electronics retailer Harvey Norman Holdings Ltd (ASX:HVN) dropped as much as 6.5% to AU$4.57 on Friday, marking their steepest intraday decline since June 26. This sell-off brings the stock to its lowest level since...
ASX Shares Surge as Benchmark Index Shows Positive Momentum
August 30, 2024 02:58 PM AEST| By Team Kalkine MediaAs the S&P/ASX 200 Index recovers and climbs 0.3% to 8,070.7 points, several ASX shares are notably outperforming the market this Friday. Here’s a look at two standout performers driving the index higher:,Downer EDI Ltd (ASX:DOW),Downer EDI’s share p...
Downer EDI Shares Soar 15% on Strong Financial Turnaround and Dividend Announcement
August 30, 2024 02:57 PM AEST| By Team Kalkine MediaShares of Downer EDI Ltd (ASX:DOW) surged as much as 15.3% on Friday, reaching AU$5.51, their highest level since August 2022. The significant rise in share price marks the company as the top gainer on the ASX 200 benchmark index, reflecting strong i...
TPG Telecom Shares Surge Despite Profit Drop and Workforce Cuts
August 30, 2024 02:52 PM AEST| By Team Kalkine MediaShares of TPG Telecom Ltd (ASX:TPG) surged by as much as 7% on Friday, reaching AU$4.90, their highest level since February 27. This makes TPG one of the top gainers on the benchmark S&P/ASX 200 index, signaling strong investor sentiment despite a mi...
Qantas (ASX:QAN) Reports Decline in Full-Year Profit Amid Rebuilding Efforts and Declining Airfares
August 30, 2024 02:52 PM AEST| By Team Kalkine MediaQantas Airways (ASX:QAN) has reported a decline in full-year profit as it invests heavily to repair its battered reputation while facing a drop in airfares. For the year ending June 30, the airline's underlying profit before tax fell by 16 percent to...
Ramsay Health Falls Short of Investor Expectations as Rising Costs Impact Margins
August 30, 2024 02:16 PM AEST| By Team Kalkine MediaRamsay Health Care Ltd,(ASX: RHC),, Australia’s largest private hospital operator, has revealed significant challenges in its latest financial update. The company is set to demand increased funding from insurers if wage growth surpasses expectations,...
Appen Reports 18% Revenue Drop Amidst Major Contract Loss
August 30, 2024 01:18 PM AEST| By Team Kalkine MediaAppen Ltd,(ASX: APX),, a prominent data services company, has announced a significant decline in revenue for the first half of 2024, reflecting the ongoing impact of losing a major contract with Google. Despite the challenges, the company has managed...
Downer EDI Reports Profit Turnaround and Increased Dividend
August 30, 2024 01:17 PM AEST| By Team Kalkine MediaDowner EDI Ltd, an,ASX industrial stock,, has achieved a significant turnaround in its financial performance, posting an $82 million profit for the latest financial year. This marks a substantial improvement from the previous year's net loss of $386...
Harvey Norman Maintains Dividend Amid Profit Decline
August 30, 2024 12:43 PM AEST| By Team Kalkine MediaHarvey Norman Holdings Ltd,(ASX: HVN),, the prominent electronics and furniture retailer, has announced its final dividend payout for the fiscal year 2023-24, maintaining it at 12 cents per share despite a significant drop in net profit. The company'...
TPG Reduces Workforce Following Profit Decline
August 30, 2024 12:41 PM AEST| By Team Kalkine MediaTPG Telecom Ltd,(ASX: TPG),is undergoing a significant restructuring in response to financial pressures, including a substantial reduction in its workforce. The company, an,ASX communication stock,, has announced plans to cut 120 jobs, aiming to save...
Star Receives Final Opportunity to Revamp Sydney Casino Culture
August 30, 2024 11:52 AM AEST| By Team Kalkine MediaStar Entertainment Group,(ASX: SGR),is facing significant scrutiny following a recent review that has highlighted severe issues within the company's leadership and operational oversight. The findings, disclosed by the New South Wales (NSW) casino reg...
Maggie Beer Holdings Faces Major Loss as Food Producer Struggles
August 30, 2024 11:47 AM AEST| By Team Kalkine MediaGourmet food producer Maggie Beer Holdings Ltd,(ASX: MBH),has reported a significant financial downturn, with a bottom-line loss of $28.2 million for the year ending June 30. This substantial loss is attributed to heavy impairments related to its str...
Ainsworth Game Technology's Recent Stock Surge Attracts Investor’s Attention
August 29, 2024 07:41 PM AEST| By Team Kalkine MediaAinsworth Game Technology (ASX:AGI) has seen its stock rise by 2.8% over the past week. This uptick prompts a closer examination of the company's financial indicators, particularly its Return on Equity (ROE), to understand the potential factors drivi...
Commonwealth Bank of Australia Reaffirms Net Zero Commitment Amid Gas Industry Lending Debate
August 29, 2024 07:38 PM AEST| By Team Kalkine MediaCommonwealth Bank of Australia (ASX:CBA) CEO Matt Comyn has reiterated the bank's dedication to achieving net zero emissions by 2050 while defending its approach to lending in the gas industry. Speaking before the House of Representatives Economics C...
Orion Minerals Secures Key Water Use Licence for Okiep Copper Project
August 29, 2024 07:37 PM AEST| By Team Kalkine MediaOrion Minerals Ltd (ASX:ORN,JSE: ORN) has successfully obtained a crucial water use licence from South Africa’s Department of Water and Sanitation (DWS) for its Okiep Copper Project (OCP) located in the Northern Cape Province. This Integrated Water U...
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