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Stocks
Citi Downgrades BlueScope Steel’s (ASX:BSL) Earnings Estimates and Price Target After Slump Warning
August 20, 2024 01:10 PM AEST| By Team Kalkine MediaAnalysts at Citi have significantly adjusted their forecasts for BlueScope Steel (ASX:BSL) following the company’s warning of a sharp earnings decline in fiscal 2025. The steelmaker’s outlook for underlying operating earnings in the first half of FY...
Chariot Resources (ASX:CHZ) has secured a promising drill target at Black Mountain, positioning itself on one of the largest lithium landholdings in the USA.
August 20, 2024 12:20 PM AEST| By Team Kalkine MediaChariot Corporation (ASX:CHZ) has identified a promising new drill target at its flagship Black Mountain lithium project, leveraging the presence of potassium-rich feldspar as an indicator mineral. This new focus is driven by the discovery of a clust...
Appen Shares Surge Despite Lack of Explanation
August 20, 2024 12:13 PM AEST| By Team Kalkine MediaIn a dramatic turn of events, shares of the,ASX technology stock,Appen Ltd have surged 57% over the past five trading sessions, drawing significant attention and prompting an inquiry from the Australian Securities Exchange (ASX). This substantial inc...
St George Mining (ASX:SGQ) Appoints Two Niobium Veterans from CBMM, Shares Surge 8%
August 20, 2024 11:28 AM AEST| By Team Kalkine MediaHighlights:,Appointment Boosts Credibility,:,St George Mining (,ASX:SGQ,) shares rose 8% after the company appointed two senior executives from CBMM, the world's leading niobium producer, to enhance its management team for the,Araxa,Niobium Project (...
INOVIQ (ASX:IIQ) Announces Blood Test for Parkinson’s Disease, Building on Alzheimer’s Success
August 20, 2024 11:27 AM AEST| By Team Kalkine MediaINOVIQ (ASX:IIQ) saw its shares rise by 6% on Tuesday following the company’s announcement of a breakthrough in blood testing for Parkinson’s Disease (PD). This new development comes on the heels of a similar success with Alzheimer’s Disease (AD) rep...
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Suncorp (ASX: SUN) Share Price Soars After 12% Profit Jump
August 20, 2024 11:09 AM AEST| By Team Kalkine MediaSuncorp Group Ltd,(ASX: SUN),has seen its share price rise by 1% following the release of its FY24 financial results. As one of Australia's major insurers, Suncorp operates under several well-known brands, including AAMI, GIO, Bingle, Apia, Shannons,...
Spotlight on CSL and COL: 2 ASX Shares to Keep an Eye On
August 20, 2024 11:07 AM AEST| By Team Kalkine MediaThe share prices of CSL Ltd and Coles Group Ltd have shown notable movements recently. As,ASX growth stocks,, CSL Ltd has seen its share price increase by 6.6% since the beginning of 2024, while Coles Group Ltd is currently just shy of its 52-week hi...
Yancoal (ASX:YAL) Withholds Dividends to Accumulate Cash for Potential Acquisitions
August 20, 2024 10:59 AM AEST| By Team Kalkine MediaHighlights:,Dividend Withheld for Acquisitions,:,Yancoal,(,ASX:YAL,) has opted to withhold its $420 million half-year profit, choosing to,retain,the cash for potential mergers and acquisitions rather than distribute it as dividends. This move boosts...
Fund Managers and Brokers Turn Bullish on Fortescue Metals Group (ASX:FMG)
August 20, 2024 10:34 AM AEST| By Team Kalkine MediaFund managers and brokers are becoming increasingly optimistic about Fortescue Metals Group (ASX:FMG), viewing the stock as a strong opportunity following its recent downturn. Analysts are now highlighting Fortescue's potential for recovery and growt...
ARB Corporation (ASX:ARB) Increases Dividend and Profit
August 20, 2024 10:28 AM AEST| By Team Kalkine MediaARB Corporation (ASX:ARB), a leading car parts merchant, has announced a notable increase in its full-year dividend following a robust financial performance for FY24. The company reported a significant 17.1% rise in profit, reaching $142.7 million fo...
West African Resources Ltd (ASX:WAF) Reports High-Grade Gold Intercepts at M1 South Deeps in Burkina Faso
August 20, 2024 10:18 AM AEST| By Team Kalkine MediaWest African Resources Ltd (ASX:WAF) has identified a significant gold intercept from its infill diamond drilling program at the M1 South Deeps resource in Burkina Faso. The new data reveals high-grade mineralisation with continuous results, confirmi...
Westpac (ASX: WBC) Posts 6% Profit Growth in Q3 2024
August 20, 2024 10:13 AM AEST| By Team Kalkine MediaHeadlines:,Profit Growth,:,Westpac Banking Corporation (,ASX:WBC,) reported a 6% increase in net profit for Q3 2024, reaching $1.8 billion. Excluding notable items, the profit growth was 2%.,Customer Engagement and Financial Metrics,:,The bank saw st...
Vicinity Centres (ASX:VCX) Acquires 50% Stake in Lakeside Joondalup Shopping Centre for $420 Million
August 20, 2024 09:58 AM AEST| By Team Kalkine MediaVicinity Centres (ASX:VCX) has expanded its retail property portfolio by acquiring a 50% share in Lakeside Joondalup Shopping Centre for $420 million. This strategic investment reinforces Vicinity's focus on enhancing its footprint in premium retail...
Ampol (ASX:ALD) Shares Drop 4.3% Despite Nearly Tripling Profit in First Half of 2024
August 19, 2024 03:16 PM AEST| By Team Kalkine MediaShares of Ampol Ltd (ASX:ALD) have dropped 4.3% to AU$30.72 following the release of the company's first-half results for the six months ended June 30, 2024. While the ASX 200 index displays only minor declines today, Ampol's performance diverges not...
Zip Co (ASX:ZIP) Completes AUAU$50 Million SPP, Boosts Share Price to New High
August 19, 2024 03:14 PM AEST| By Team Kalkine MediaZip Co Ltd (ASX:ZIP) has seen its share price jump 3% in morning trading, reaching a new 52-week high of AU$2.29. This surge follows the company’s announcement that it has completed a successful capital raising initiative. The latest move marks a sig...
GPT Group’s (ASX:GPT) Stock Climbs 3% on H1 Performance Despite Valuation Declines
August 19, 2024 03:10 PM AEST| By Team Kalkine MediaShares of GPT Group Ltd (ASX:GPT) have surged to a new yearly high on Monday morning, trading 3% higher at AU$4.82 per share. This rise surpasses the previous 52-week high of AU$4.73, driven by the company's robust interim results for the six months...
BlueScope Steel’s (ASX:BSL) FY24 Profits Fall Short, Shares Slide Despite Increased Dividends
August 19, 2024 02:30 PM AEST| By Team Kalkine MediaBlueScope Steel Ltd (ASX: BSL) is experiencing notable selling pressure today, with its share price slipping to AU$19.74, down 3.4% from Friday’s close of AU$20.52. This decline comes as the company’s FY 2024 financial results fall short of market ex...
Audinate Shares (ASX:AD8) Soar 11% Following FY24 Profits
August 19, 2024 02:27 PM AEST| By Team Kalkine MediaAudinate Group Ltd (ASX:AD8) saw a remarkable surge in its share price on Monday, climbing more than 11% to AU$10.50 apiece. This significant uptick follows the release of the company's record FY24 results, which have sparked a strong investor respon...
Liontown Resources (ASX:LTR) Faces Major Decline as Lithium Market Hits 3-Year Low
August 19, 2024 02:24 PM AEST| By Team Kalkine MediaLiontown Resources Ltd (ASX:LTR) has hit a new 52-week low, with its shares plunging to just AU$0.77 apiece on Monday. The decline was even steeper earlier in the session, with shares dropping to AU$0.765 before stabilising. This significant dip repr...
Telstra (ASX: TLS) Share Price Spotlight on FY24 Results and 18-Cent Dividend
August 16, 2024 05:28 PM AEST| By Team Kalkine MediaTelstra Group Ltd,(ASX: TLS),has announced its financial results for the fiscal year ending 30 June 2024, showcasing steady growth across various segments. Here are the key highlights from the company's FY24 performance:,- Total Income: Telstra's tot...
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