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Stocks
Temple & Webster (ASX:TPW) Soars to New Heights Amid Record-Breaking Sales Growth
February 13, 2025 02:13 PM AEDT| By Team Kalkine MediaHighlights,Temple & Webster hits a new stock price peak,Sales jump 24% in six months, exceeding market expectations,Strong performance driven by new and returning customers,Shares of Temple & Webster (ASX:TPW) reached new heights on Thursday, reflect...
Northern Star Resources Soars on Half-Year Revenue Growth
February 13, 2025 02:00 PM AEDT| By Team Kalkine MediaHighlights,Revenue Surge:,Northern Star's revenue,jumped 28% year-on-year to $2.87 billion,, driven by higher gold prices.,Record Profitability:,EBITDA,rose 58% to $1.40 billion,, with operating cash flows up,49% to $1.25 billion,.,Dividend Boost:,A,...
Austal's (ASX:ASB) New Ferry Contract with Swedish Operator Signals Major Milestone in Green Tech Development
February 13, 2025 01:59 PM AEDT| By Team Kalkine MediaHighlights,Austal (ASB) secures a $265-$275 million contract to build a hydrogen-ready ferry.,The new ferry, Horizon X, will be the largest-ever vessel constructed by the company.,Austal aims to lead with energy-efficient, environmentally conscious t...
Pro Medicus Shares Gain Limelight Following Half-year Results Update
February 13, 2025 01:56 PM AEDT| By Team Kalkine MediaHighlights,Revenue Boom:,Total revenue surged,32.15% to $100.79 million,, driven by North American performance.,Profit Growth:,Net profit soared,42.7% to a record $51.7 million,.,Dividend Increase:,Fully franked,interim dividend up 38.9% to 25 cents...
Sigma Healthcare and Chemist Warehouse Combine to Create Market Buzz on ASX
February 13, 2025 01:55 PM AEDT| By Team Kalkine MediaHighlights,Sigma Healthcare and Chemist Warehouse complete merger.,Shares surge by 8.7% on debut after the merger.,The merger creates one of the largest share issues on the ASX.,In a major move that has captured the attention of the Australian market...
Toys“R”Us Leadership Shakeup: CEO Steps Down Amid Strategic Transition
February 13, 2025 01:55 PM AEDT| By Team Kalkine MediaHighlights,Toys“R”Us,ANZ (,ASX:TOY,) CEO resigns after less than two years.,Leadership adjustments made with interim appointments.,Company initiates search for a new chief executive.,Toys“R”Us ANZ (ASX:TOY) has announced a major leadership transition...
ASIC Takes Legal Action Against Former IRExchange Executives Over Corporate Law Violations
February 13, 2025 01:54 PM AEDT| By Team Kalkine MediaHighlights,ASIC charges former executives of,IRExchange,for alleged corporate law breaches.,McPherson’s (,ASX:MCP,) and,Chrysos,Corporation (ASX:C79) executives,linked,to the case.,Legal proceedings stem from concerns over,IRExchange’s,past capital-r...
Treasury Wine Estates Shares Slump Despite Half-Year Revenue and Profit Growth
February 13, 2025 01:52 PM AEDT| By Team Kalkine MediaHighlights,Revenue Growth:,Net sales revenue (NSR) surged,20.2% to $1.54 billion,.,Profit Increase:,Net profit after tax rose,31.5% to $239.6 million,.,Weaker Guidance:,EBITS forecast for FY 2025 at,low end of expectations,($780M-$810M).,Shares of,Tr...
Mayne Pharma's (ASX:MYX) Recent Surge: What’s Driving the Momentum?
February 13, 2025 01:51 PM AEDT| By Team Kalkine MediaHighlights,Mayne Pharma (,ASX:MYX,) shares jumped 26% in a month, but long-term performance,remains,moderate.,The company's price-to-sales (P/S) ratio is significantly lower than industry peers.,Revenue growth forecasts,indicate,a slower trajectory c...
Exciting Drilling Progress at Nyngan Project: Kincora Copper (ASX:KCC) and AngloGold Ashanti (NYSE:AU) Explore Promising Mineralization
February 13, 2025 01:51 PM AEDT| By Team Kalkine MediaHighlights,Kincora Copper (ASX:KCC) and AngloGold Ashanti (NYSE:AU) expand initial drilling at the Nyngan Porphyry Project.,Six drill holes targeting Macquarie Arc rocks have revealed promising signs of mineralization.,The partnership plans to extend...
Lindian Resources (ASX:LIN) Partners with Henk Ludik to Advance Funding for Major Rare Earth Project in Malawi
February 13, 2025 01:50 PM AEDT| By Team Kalkine MediaHighlights,Lindian,Resources (,ASX:LIN,) appoints Henk Ludik to guide funding efforts for the,Kangankunde,Rare Earths Project.,The company has secured a non-binding agreement for US$50 million in,initial,funding.,Aiming to maximize shareholder value...
Temple & Webster Shares Skyrocket on Thursday. Here's Why.
February 13, 2025 01:50 PM AEDT| By Team Kalkine MediaHighlights,Revenue Surge:,23.6% increase to,$313.7 million,, driven by higher customer engagement.,Profit Boom:,Net profit after tax,soared 118%,to,$9 million,.,AI Efficiency Gains:,Over,60% of customer interactions,now handled by AI, cutting support...
South32 Shares Surge on Profit Growth in Recent Half
February 13, 2025 01:48 PM AEDT| By Team Kalkine MediaHighlights,Revenue Growth:,South32’s revenue from continuing operations soared 25% to US$3.12 billion.,Profitability Boost:,Net profit after tax skyrocketed 577% to US$359 million, reversing previous losses.,Dividend Increase:,Interim dividend per sh...
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Gold's Surge May Continue: Bank of America Predicts $3500 Per Ounce Target
February 13, 2025 01:47 PM AEDT| By Team Kalkine MediaHighlights,Bank of America sees gold reaching $3500 an ounce.,Investment demand growth could drive further price increases.,The precious metal has already hit near-record highs in early 2024.,Gold has been on a record-breaking streak, and according t...
Pro Medicus (ASX: PME) Sees 42.7% Profit Surge, Driven by Major Contracts and Strong Market Growth
February 13, 2025 01:00 PM AEDT| By Team Kalkine MediaHighlights,Pro Medicus (ASX: PME) reports a 42.7% increase in net profit for the first half of FY24.,Record-breaking contract wins, including the largest deal in company history worth $330 million.,Company,remains,debt-free with solid cash reserves o...
Exciting Gold Discovery: Castle Minerals (ASX:CDT) Confirms High-Grade Hits at Kpali Project in Ghana
February 13, 2025 12:58 PM AEDT| By Team Kalkine MediaHighlights,Castle Minerals (CDT) reports high-grade gold hits at its,Kpali,discovery in Ghana.,The latest drilling results reinforce the potential for a new gold mining district in West Africa.,The,Kpali,discovery is located in a promising gold-rich...
Reece and Fortescue: A Look at Their Market Position in 2025
February 13, 2025 12:57 PM AEDT| By Team Kalkine MediaHighlights,Reece Ltd (,ASX:REH,),has,maintained,steady revenue growth and consistent dividend payments.,Fortescue Ltd (,ASX:FMG,),is expanding into copper, lithium, and rare earths to align with global renewable energy trends.,Dividend yield insights...
Mineral Resources (ASX:MIN) Announces Significant Governance Changes Following Tax Evasion Allegations
February 13, 2025 12:55 PM AEDT| By Team Kalkine MediaHighlights,Mineral Resources (MIN) introduces major governance changes to rebuild trust.,New protocols target conflicts of interest and transparency in decision-making.,Managing Director Chris Ellison faces financial penalties and commits to stepping...
Temple & Webster Surges on Strong Sales Performance and Profit Growth
February 13, 2025 12:54 PM AEDT| By Team Kalkine MediaHighlights,Temple & Webster (,ASX:TPW,) stock jumps over 10% on robust sales figures.,First-half profit more than doubles, with EBITDA margins exceeding guidance.,Revenue growth continues into the second half despite economic challenges.,Shares of Te...
Macro Metals Insiders See Strong Gains as Stock Surges
February 13, 2025 12:53 PM AEDT| By Team Kalkine MediaHighlights,Macro Metals (ASX:M4M) insiders,benefit,from a significant stock value increase.,The company’s market capitalization rises by AU$11 million in a week.,Insider holdings appreciate,substantially after,a 21% stock surge.,Investors keeping an...
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