Stocks

BHP (ASX: BHP) Slashes Interim Dividend After 23% Profit Drop Amid Weak Demand from China

February 18, 2025 02:41 PM AEDT| By Team Kalkine Media

Highlights,BHP announces its lowest interim dividend in eight years, dropping to US50 cents per share.,Underlying profit falls 23% to USD5.1 billion, driven by weak demand for steel-making materials.,BHP remains optimistic about recovery from develop...

Lendlease Group (ASX: LLC) Shares Drop 2.5% After Citi Downgrades Rating to "Neutral"

February 18, 2025 02:39 PM AEDT| By Team Kalkine Media

Highlights,Citi downgrades Lendlease to "Neutral" and cuts price target to AUD7.50.,Company posts disappointing HY operating profit of AUD122 million, missing consensus by 32%.,Despite a 16.9% rise in stock price this year, near-term earnings outlook...

Emerging ASX Penny Stocks to Keep an Eye on for Potential Growth in 2025

February 18, 2025 02:38 PM AEDT| By Team Kalkine Media

Highlights,Catapult Group International (CAT),showing,potential despite profitability challenges.,Rand Mining (RND) stands out for its stable financials and focus on mining.,Thorney Technologies (TEK) offers promising investment opportunities despite...

MLG Oz (ASX:MLG) Secures Lucrative Haulage Contract with Westgold Resources (ASX:WGX)

February 18, 2025 02:37 PM AEDT| By Team Kalkine Media

Highlights,MLG Oz (MLG) has secured a major haulage contract with,Westgold,Resources (WGX).,The agreement could bring in more than $25 million annually in revenue.,The contract will strengthen MLG's position in the Goldfields region.,MLG Oz (ASX:MLG)...

Hawsons Iron (ASX:HIO) Focuses on Optimizing Its Project to Boost Long-Term Potential

February 18, 2025 02:35 PM AEDT| By Team Kalkine Media

Highlights,Hawsons Iron is,optimizing,its processing circuit for its project in New South Wales.,Encouraging results from ongoing dry grinding and ore variability tests.,The company aims to produce high-quality, low-impurity iron ore for the global s...

Bell Financial (ASX: BFG) Reports Impressive 26% Profit Growth for Half-Year

February 18, 2025 02:33 PM AEDT| By Team Kalkine Media

Highlights,Bell Financial (BFG) achieved a 26% increase in,half,-year profit.,Funds under advice rose 7.5%, totaling $85.8 billion.,Strong growth,in recurring revenue streams supports long-term profitability.,Bell Financial Group (ASX: BFG) has repor...

BSA (ASX:BSA) Adjusts Strategy After Missing Out on NBN Field Services Contract

February 18, 2025 02:31 PM AEDT| By Team Kalkine Media

Highlights,BSA (BSA),missed out on,a key NBN contract.,The company,remains,focused on,optimizing,its future strategy.,Current NBN contract,remains,intact until 2025 with potential extension.,Telecommunications provider BSA (ASX:BSA) has faced a setba...

Ionic Rare Earths (ASX:IXR) Leads the Charge in Cutting Carbon Emissions in Magnet Recycling

February 18, 2025 02:30 PM AEDT| By Team Kalkine Media

Highlights,Preliminary study reveals 30-50% reduction in CO2 emissions for REO production.,A key step toward building a sustainable European supply chai,Collaboration with Ford Technologies and Less Common Metals accelerates progress.,Ionic Rare Eart...

Macmahon (ASX:MAH) Shares Decline Despite Dividend Increase and Strong Revenue Growth

February 18, 2025 02:28 PM AEDT| By Team Kalkine Media

Highlights,Macmahon (MAH) increases interim dividend despite lower net profit.,The company’s revenue surged 20% to $1.2 billion for the second half of 2024.,Macmahon (MAH) blames,net,profit drop on the costs of its recent,Decmil,acquisition.,Mining c...

Cyclone Metals (ASX:CLE) Partners with Global Mining Leader Vale (BVMF:VALE3) to Advance Iron Bear Project

February 18, 2025 02:27 PM AEDT| By Team Kalkine Media

Highlights,Cyclone Metals (,ASX:CLE,) partners with Vale (,BVMF:VALE,3) for the Iron Bear Project development.,Vale to invest up to US$138 million in the project, securing a 75% interest.,Strategic,location of,Iron,Bear Project enhances development p...

What’s Behind the 13% Surge in Judo Capital Holdings (ASX: JDO) Share Price?

February 18, 2025 02:05 PM AEDT| By Team Kalkine Media

Highlights,Judo Capital’s share price up 13% to AUD2.20 after impressive earnings report.,Underlying profit before tax grows 33%, while statutory NPAT increases by 70%.,Record AUD2.3 billion in new lending achieved, doubling sector growth.,Judo Capit...

Hub24 Ltd (ASX: HUB) Share Price Surges 10% on Half-Year Results

February 18, 2025 02:02 PM AEDT| By Team Kalkine Media

Highlights,Hub24's share price jumps 10.4%, reaching AUD89.79 after strong earnings report.,Underlying NPAT increases 40%, with revenue up 25% year on year.,Fully franked interim dividend rises by 30% from last year’s interim payout.,Shares of Hub24...

Little Green Pharma Ltd (ASX:LGP) Recovery and Strategic Valuation in the Pharmaceuticals Sector

February 18, 2025 01:33 PM AEDT| By Team Kalkine Media

Little Green Pharma Ltd (ASX:LGP) Recovery and Strategic Valuation in the Pharmaceuticals Sector

Woodside (ASX:WDS) Faces Continued Losses Amid Cost Warnings and Lower Dividend Outlook

February 18, 2025 01:32 PM AEDT| By Team Kalkine Media

Highlights:,Woodside (WDS) falls 1.9% following a continued downtrend.,The company’s recent guidance suggests a potential 20% drop in,final,dividend.,ASX,energy sector declines alongside Woodside’s loss, down 1.5%.,Energy giant Woodside (ASX:WDS) exp...

What Is Behind the Recent Share Movement?

February 18, 2025 01:32 PM AEDT| By Team Kalkine Media

Highlights,Shares experienced a significant upward movement last week.,Company personnel executed substantial share transfers over the year.,Recent months saw increased acquisition activity by board members.,DUG Technology Ltd (ASX:DUG) operates with...

Johns Lyng Group Limited (ASX:JLG) Unpacking a Elevated P/E Ratio in the Building and Construction Category

February 18, 2025 01:32 PM AEDT| By Team Kalkine Media

Johns Lyng Group Limited (ASX:JLG) Unpacking a Elevated P/E Ratio in the Building and Construction Category

Is This ASX-Listed Asset Manager's Dividend Set for Another Increase?

February 18, 2025 01:32 PM AEDT| By Team Kalkine Media

Highlights,Microequities Asset Management Group Limited (ASX:MAM) is increasing its dividend by 5.6%.,The dividend yield now exceeds the industry average with stable earnings coverage.,Earnings per share have seen steady annual growth over the past f...