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Macquarie Group (ASX:MQG) Shares Surge on Data Centre Acquisition News
August 06, 2024 01:56 PM AEST| By Team Kalkine MediaShares of Macquarie Group (ASX:MQG) have risen by as much as 2% to AU$199.63, positioning the company for its most substantial gain since July 26, provided these gains hold through the trading day. This uptick in Macquarie's share price follows the c...

Westpac's (ASX:WBC) RAMS Home Loans Business to Close to New Customers, Shares Rise
August 06, 2024 01:56 PM AEST| By Team Kalkine MediaWestpac Banking Corp (ASX:WBC) is seeing its shares rally following the announcement that it will be closing its RAMS home loans business to new customers. As of the latest update, Westpac's shares are trading at AU$$28.01, reflecting a 1.19% increas...

Why is Treasury Wine (ASX: TWE) on The Rise Today?
August 06, 2024 11:33 AM AEST| By Team Kalkine MediaShares of Treasury Wine Estates (ASX: TWE), Australia's leading wine producer, experienced a notable uptick, climbing as much as 1.8% to AU$ 11.795. The increase in share price comes on the heels of the company's recent announcement regarding its str...

Liberum Downgrades Major Mining Stocks Amid Weak Iron Ore Signals
August 06, 2024 10:29 AM AEST| By Team Kalkine MediaLiberum Capital has recently downgraded its ratings for three prominent,mining companies,: BHP Group Ltd, Rio Tinto Ltd, and Anglo American plc. This move reflects increasing concerns over the state of the iron ore market and evolving investor sentim...

Discover the Top 10 Most Shorted ASX Shares Right Now
August 05, 2024 09:54 PM AEST| By Team Kalkine MediaIn the world of investing, understanding market sentiment and identifying potential issues with companies can significantly impact decision-making. One effective way to gauge this sentiment is by tracking short interest levels. Short interest, which...

2 ASX Shares to Watch in August 2024
August 05, 2024 06:34 PM AEST| By Team Kalkine MediaAugust has seen significant volatility in the ASX share market, creating potential investment opportunities as share prices adjust to current economic conditions. A decrease in share price often leads to a lower price-to-earnings (P/E) ratio and impr...

Ramsay Share Price Declines Following FY24 Earnings Update
August 05, 2024 06:32 PM AEST| By Team Kalkine MediaRamsay Health Care Ltd,(ASX: RHC),, a major private hospital operator in Australia and Europe, has recently provided an update on its financial performance for the 2024 fiscal year (FY24). Following the announcement, the company’s share price experie...

Small-Cap Stocks Dive: S&P/ASX Small Ordinaries Hits 2-Year Low
August 05, 2024 04:14 PM AEST| By Team Kalkine MediaHighlights,S&P/ASX Small Ordinaries dropped 3.4%, its worst in over two years.,Notable declines: Neuren Pharmaceuticals (ASX: NEU) -8%, PolyNovo (ASX: PNV) -7.3%, Boss Energy (ASX: BOE) -5.7%, Life360 (ASX: 360) -5.6%.,Small-cap stocks are hit hard a...

Australia Risks Missing Out on Uranium Boom Amid Mining Bans
August 05, 2024 03:34 PM AEST| By Team Kalkine MediaAs global demand for uranium surges due to a nuclear energy revival driven by decarbonisation efforts, Australia finds itself at a crossroads. Despite holding nearly a third of the world's known uranium ore deposits, the nation may miss out on the co...

Top ASX Dividend Stocks to Explore for Your Portfolio
August 05, 2024 01:54 PM AEST| By Team Kalkine MediaFor those seeking reliable income through dividends and potential long-term growth,,ASX dividend shares,present a compelling opportunity. Investing in companies that offer a good dividend yield while potentially providing capital appreciation can be...

Lynas Rare Earths (ASX:LYC) Faces Share Price Decline Despite Major Resource Boost
August 05, 2024 12:30 PM AEST| By Team Kalkine MediaLynas Rare Earths Ltd (ASX:LYC) is making headlines today with a significant announcement, a 92% increase in its mineral resources. Despite this promising update, the company’s share price has experienced a near 2% decline, trading at AU$6.01 per sha...

Australian Shares Plunge Amidst U.S. Economic Concerns and Anticipation of Rate Decisions
August 05, 2024 12:22 PM AEST| By Team Kalkine MediaAustralian shares experienced a sharp decline on Monday and are poised to extend their losses for a second consecutive session. This downturn has been fueled by weak U.S. jobs data, which has heightened recession fears and left investors adopting a c...

Ramsay Health Care (ASX:RHC) Shares Tumble Amid Lower Earnings Forecast
August 05, 2024 12:11 PM AEST| By Team Kalkine MediaShares of Ramsay Health Care (ASX:RHC) have plunged as much as 2.1% to AU$44.38 on Monday. The decline comes in response to the company's recent earnings forecast, which has projected a slight decrease in earnings for the fiscal year 2024 (FY24). Thi...

TPG Telecom (ASX:TPG) Shares Surge on Renewed Divestment Talks
August 05, 2024 12:08 PM AEST| By Team Kalkine MediaShares of TPG Telecom (ASX:TPG) experienced a notable rise of up to 2.5%, reaching AU$4.72, following news that the company is rekindling discussions with Macquarie-backed Vocus Group regarding the sale of some of its non-mobile fiber assets. This de...

Discover the 10 Most Shorted ASX Shares Right Now
August 05, 2024 11:23 AM AEST| By Team Kalkine MediaMonitoring short interest in shares can provide valuable insights into market sentiment and potential issues facing companies. Each week, the Australian Securities and Investments Commission (ASIC) releases a report detailing short positions across t...

Impressive performance from undervalued ASX healthcare company
August 05, 2024 10:42 AM AEST| By Team Kalkine MediaHighlights:,Solid Q4 Performance,: ResMed (ASX: RMD) reported strong fourth-quarter fiscal 2024 results with a 2% increase in underlying EBIT to USD 400 million and a 62 basis point improvement in gross margin to 59%. Despite these gains, shares are...

Could Reef Casino Trust's (ASX:RCT) Stock Weakness Indicate a Market Correction Despite Strong Financials?
August 05, 2024 10:12 AM AEST| By Team Kalkine MediaHighlights:,Strong ROE Performance: Reef Casino Trust (ASX:RCT) boasts a robust Return on Equity (ROE) of 47%, significantly higher than the industry average of 10%. This impressive ROE underpins the company's 24% net income growth over the past five...

LARK Distilling Insider Boosted Their Stake by 256% Over the Past Year
August 05, 2024 10:01 AM AEST| By Team Kalkine MediaHighlights:,Significant Insider Buying,: Over the past year, insiders at LARK Distilling Co. Ltd. (ASX: LRK) were net buyers, with Ming Tee Lee making the largest purchase of AU$3.0 million worth of shares at approximately AU$0.90 per share, close to...

Retail Sector Rout Hits ASX as Recession Concerns Intensify
August 02, 2024 11:33 PM AEST| By Team Kalkine MediaOn Friday, the Australian Securities Exchange (ASX) saw a notable decline. The S&P/ASX 200 Index (ASX: XJO) dropped by 171.5 points, or 2.1%, closing at 7943.20, after reaching a record high of 8114.7 the day before. The All Ords Index (ASX: AORD) al...

Transurban (ASX: TCL) Ordered to Provide Toll Road Manuals to Brisbane City Council
August 02, 2024 11:02 PM AEST| By Team Kalkine MediaTransurban,(ASX: TCL),has been instructed to hand over operational manuals for Brisbane's toll roads following a demand from the Brisbane City Council. This request came after the council raised concerns about the company’s response to traffic incide...

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