Stocks

A2 Milk (ASX:A2M) Shares Plunge 19% After Disappointing FY 2024 Results and Weak Guidance
August 20, 2024 01:23 PM AEST| By Team Kalkine MediaA2 Milk Company Ltd (ASX:A2M) experienced a significant setback on Monday, with its shares plummeting nearly 19% to close at AU$5.70. This sharp decline follows the company’s announcement of its financial results for the fiscal year 2024, which fell...

ANZ Group (ASX:ANZ) Reports Increased Home Loan Arrears Amid High Inflation and Borrowing Costs
August 20, 2024 01:15 PM AEST| By Team Kalkine MediaAustralian lender ANZ Group (ASX:ANZ) has disclosed a rise in late home loan payments for the quarter ending June, reflecting growing financial stress among borrowers due to persistent inflation and high interest rates. In a limited quarterly trading...

ResMed and Pilbara Minerals: An Update on Their ASX Performance
August 20, 2024 01:12 PM AEST| By Team Kalkine MediaThe Australian Securities Exchange (ASX) has seen notable movements in the share prices of some key companies this year. Two,ASX value stocks,, ResMed CDI and Pilbara Minerals Ltd, have attracted significant attention from investors. Here's an update...

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...

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