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 Fortescue Ltd. (ASX:FMG) Reports 3% Profit Increase Amid Challenges

Fortescue Ltd. (ASX:FMG) Reports 3% Profit Increase Amid Challenges

August 28, 2024 01:50 PM AEST| By Team Kalkine Media

Fortescue Ltd (ASX:FMG) the fourth-largest iron ore miner globally, has reported a 3% increase in its full-year profit despite facing significant challenges, including a slowdown in demand from its largest customer, China. For the fiscal year ending...

 Coles (ASX:COL) Shares Rise Following Strong FY24 Growth

Coles (ASX:COL) Shares Rise Following Strong FY24 Growth

August 28, 2024 01:44 PM AEST| By Team Kalkine Media

Coles Group Ltd's share price increased by approximately 2% after reporting its results for FY24.,Coles (ASX:COL) FY24 Report,Key highlights for the fiscal year ending 30 June 2024 include:,Total Sales,rose by 5.1% to $43.57 billion,Underlying Contin...

 Xero and Woolworths: A Tale of Two ASX Giants

Xero and Woolworths: A Tale of Two ASX Giants

August 28, 2024 12:31 PM AEST| By Team Kalkine Media

Xero Ltd and Woolworths Group Ltd have both demonstrated notable performances in 2024, reflecting diverse trends in the Australian market. Xero, an,ASX growth stock,, has made significant strides with its innovative cloud accounting technology, showc...

 Kelsian Group Ltd (ASX: KLS) Bounces Back After Recent Decline

Kelsian Group Ltd (ASX: KLS) Bounces Back After Recent Decline

August 28, 2024 11:37 AM AEST| By Team Kalkine Media

Kelsian Group Ltd,(ASX: KLS),has seen a notable recovery in its share price following a sharp drop earlier this week. The rebound comes after the company released its full-year financial results, which highlighted significant growth and financial sta...

 Brett Blundy Sells Significant Stake in Accent Group to Frasers Group

Brett Blundy Sells Significant Stake in Accent Group to Frasers Group

August 28, 2024 11:03 AM AEST| By Team Kalkine Media

Retail billionaire Brett Blundy,has divested his entire shareholding in ASX-listed Accent Group (ASX: AX1), the parent company behind the Hype DC and Platypus chains. The sale was executed through a block trade, with Blundy’s 14.7% stake in the compa...

 Viridis Mining (ASX: VMM) Unveils High-Grade Rare Earth Discoveries at Brazilian Colossus Project

Viridis Mining (ASX: VMM) Unveils High-Grade Rare Earth Discoveries at Brazilian Colossus Project

August 28, 2024 10:41 AM AEST| By Team Kalkine Media

Viridis Mining and Minerals Ltd (ASX: VMM),has reported promising results from its recent drilling activities at the Colossus rare earth project in Brazil, revealing significant mineralisation at its Cupim South and Centro Sul prospects. These findin...

 Tabcorp (ASX:TAH) Embarks on Strategic Reset Under New CEO Gillon McLachlan Amid $1.4 Billion Asset Write-Down

Tabcorp (ASX:TAH) Embarks on Strategic Reset Under New CEO Gillon McLachlan Amid $1.4 Billion Asset Write-Down

August 28, 2024 10:38 AM AEST| By Team Kalkine Media

Tabcorp Holdings Ltd (ASX: TAH),, Australia's leading wagering and gaming company, is undergoing a significant strategic overhaul under its new Chief Executive Officer, Gillon McLachlan. The former AFL boss has scrapped the ambitious turnaround strat...

 Telix Pharmaceuticals (ASX:TLX)  Secures Fast Track Status from US FDA for Brain Cancer Imaging Agent Pixclara

Telix Pharmaceuticals (ASX:TLX)  Secures Fast Track Status from US FDA for Brain Cancer Imaging Agent Pixclara

August 28, 2024 10:30 AM AEST| By Team Kalkine Media

Telix Pharmaceuticals (ASX: TLX) has achieved a significant milestone by securing fast track status from the US Food and Drug Administration (FDA) for its PET-scan imaging agent, Pixclara. This agent is designed to enhance the detection and character...

 Fortescue Metals Group (ASX:FMG) Reports Robust Earnings on Strong Iron Ore Sales for FY2024

Fortescue Metals Group (ASX:FMG) Reports Robust Earnings on Strong Iron Ore Sales for FY2024

August 28, 2024 10:17 AM AEST| By Team Kalkine Media

Fortescue Metals Group Ltd (ASX: FMG) has announced impressive financial results for the 2024 fiscal year, marking its third-highest earnings in the company’s history. The strong performance is largely attributed to record iron ore shipments, which h...

 Spartan Resources Achieves Significant Gold Intercepts at Dalgaranga Pepper Target, WA

Spartan Resources Achieves Significant Gold Intercepts at Dalgaranga Pepper Target, WA

August 28, 2024 10:16 AM AEST| By Team Kalkine Media

Spartan Resources (ASX: SPR) has reported a major milestone in its exploration efforts at the Dalgaranga Gold Project in Western Australia, securing a substantial gold intercept at the Pepper deposit. The latest drilling campaign yielded a 27-meter i...

 Sun Silver Expands Maverick Springs Resource to 423Moz of Silver and Gold

Sun Silver Expands Maverick Springs Resource to 423Moz of Silver and Gold

August 28, 2024 10:15 AM AEST| By Team Kalkine Media

Sun Silver (ASX: SS1) has announced a significant expansion of its Maverick Springs resource, with the total silver and gold resource increasing by 45% to 423 million ounces (Moz). The updated resource estimate reveals a combined average equivalent g...

 Pacific Smiles Sees Strong Start to FY2025 with 10.9% Increase in Patient Fees

Pacific Smiles Sees Strong Start to FY2025 with 10.9% Increase in Patient Fees

August 28, 2024 10:05 AM AEST| By Team Kalkine Media

Pacific Smiles Group (ASX: PSQ) has reported a promising start to the 2024-25 financial year, with patient fees rising by 10.9% to $50.8 million in the first two months. This positive momentum reflects the company’s efforts to enhance the utilization...

 Explore Pro Medicus Limited (ASX: PME) for a Notable ASX Share Option

Explore Pro Medicus Limited (ASX: PME) for a Notable ASX Share Option

August 27, 2024 05:53 PM AEST| By Team Kalkine Media

Two ASX shares, Pro Medicus Limited and Washington H. Soul Pattinson & Company Ltd, are catching the eye of investors with their recent performances and distinct market positions. Here’s a closer look at why these,ASX value shares,might be worth cons...

 Nanosonics (ASX:NAN) Shares Surge 11.85% on FY24 Results

Nanosonics (ASX:NAN) Shares Surge 11.85% on FY24 Results

August 27, 2024 05:17 PM AEST| By Team Kalkine Media

Nanosonics Ltd (ASX:NAN) saw a significant boost in its share price on Tuesday, rising 11.85% to AU$3.02 following the release of its full-year FY24 results. The stock, which opened at AU$2.86, climbed to an intraday high of AU$3.08 as investors reac...

 Johns Lyng Group (ASX:JLG) Share Price Plunges 32% as FY24 Earnings Disappoint

Johns Lyng Group (ASX:JLG) Share Price Plunges 32% as FY24 Earnings Disappoint

August 27, 2024 05:15 PM AEST| By Team Kalkine Media

Johns Lyng Group Ltd (ASX:JLG) experienced a sharp decline in its share price, plummeting 32% after the release of its FY24 earnings report. The industrial stock, part of the S&P/ASX 200 Index (ASX: XJO), opened down 28% at AU$4 per share, reflecting...

 Actinogen Medical's (ASX:ACW) sharer price jumps 463% in 5 years, drops 47% in a month

Actinogen Medical's (ASX:ACW) sharer price jumps 463% in 5 years, drops 47% in a month

August 27, 2024 05:01 PM AEST| By Team Kalkine Media

Actinogen Medical Limited (ASX:ACW) has seen a sharp 47% decline in its share price over the past month, leaving shareholders concerned about the short-term outlook. However, when viewed over a more extended period, the company’s performance remains...

 SiteMinder (ASX:SDR) Shares Edge Higher as EBITDA Turns Positive in FY24

SiteMinder (ASX:SDR) Shares Edge Higher as EBITDA Turns Positive in FY24

August 27, 2024 04:55 PM AEST| By Team Kalkine Media

SiteMinder Ltd (ASX:SDR) shares rose slightly by 0.095% to AU$5.25 on Tuesday after the company released its full-year FY24 results, marking a significant turnaround in its financial performance. The share price, which opened at AU$5.24, initially di...

 CBA Chief Economist Stephen Halmarick Announces Departure from the Bank

CBA Chief Economist Stephen Halmarick Announces Departure from the Bank

August 27, 2024 04:17 PM AEST| By Team Kalkine Media

Stephen Halmarick, Chief Economist at Commonwealth Bank of Australia,(ASX: CBA),, is set to leave the role after nearly 16 years with the institution. Halmarick, who has led the economics team since April 2020, will continue in his position until the...

 Australian Shares Rise on Strong Mining and Energy Earnings; Inflation Data in Focus

Australian Shares Rise on Strong Mining and Energy Earnings; Inflation Data in Focus

August 27, 2024 04:16 PM AEST| By Team Kalkine Media

Australian shares advanced on Tuesday, buoyed by robust performances in the mining and energy sectors following strong earnings reports from industry giants BHP Group and Woodside Energy. Investors are also keeping a close eye on upcoming inflation d...

 BHP Group (ASX:BHP) Surpasses Profit Expectations Amid Strategic Focus on Copper

BHP Group (ASX:BHP) Surpasses Profit Expectations Amid Strategic Focus on Copper

August 27, 2024 04:03 PM AEST| By Team Kalkine Media

BHP Group (ASX:BHP), the world’s largest listed mining company, announced a 2% increase in its annual underlying profit, exceeding market expectations. The company attributed this positive performance to strong results from its iron ore and copper di...

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