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Stocks
Australian Shares Set to Dip After Record High as Market Awaits Fed Decision
September 18, 2024 10:45 AM AEST| By Team Kalkine MediaAustralian shares are poised to open slightly lower on Wednesday, following a record-breaking session the previous day. Investors are showing caution as they await the Federal Reserve's upcoming decision on interest rates, which could have a signific...
Lendlease Group (ASX:LLC) share price drops 58% in five years. Here’s why.
September 18, 2024 10:44 AM AEST| By Team Kalkine MediaLendlease Group (ASX:LLC) has experienced a notable 32% increase in its share price over the past quarter, offering some hope to investors. However, this recent rally doesn't erase the challenges the company has faced in the long term. Over the past...
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Coles Group (ASX:COL) shares surge in 2024. What analysts are saying?
September 18, 2024 10:39 AM AEST| By Team Kalkine MediaColes Group Ltd (ASX:COL) has had an impressive run in 2024, with shares surging 18.7% year to date, closing at AU$19.12 on Tuesday. This outpaces the S&P/ASX 200 Index (ASX:XJO), which has risen by 7.2% during the same period. Shareholders have also...
Woodside (ASX:WDS) Secures Long-Term LNG Supply Deal with Japan’s JERA
September 18, 2024 10:30 AM AEST| By Team Kalkine MediaWoodside (ASX:WDS) has signed a significant Sale and Purchase Agreement (SPA) with JERA, marking a milestone in its long-term supply of liquefied natural gas (LNG) to Japan. Under this agreement, Woodside will supply approximately 0.4 million tonnes...
FDA Provides Guidance for Paradigm Biopharma's Phase 3 Osteoarthritis Trial: A Closer Look
September 18, 2024 10:27 AM AEST| By Team Kalkine MediaParadigm Biopharmaceuticals (ASX:PAR) has received significant feedback from the U.S. Food and Drug Administration (FDA) regarding its Phase 3 clinical trial for knee osteoarthritis. The FDA's recent communication highlights a need for adjustments to...
Metalicity Ltd (ASX:MCT) Eyes Name Change and Expands Exploration at Yundamindra Gold Project
September 18, 2024 10:20 AM AEST| By Team Kalkine MediaMetalicity Ltd (ASX:MCT) is making strides in its exploration efforts at the Yundamindra gold project in Western Australia. Recent developments include a significant maiden drilling program comprising 77 holes that have revealed the presence of high-...
Botanix Pharmaceuticals Ltd (ASX: BOT) to Launch Sofdra for Excessive Sweating in the US
September 17, 2024 06:09 PM AEST| By Team Kalkine MediaBotanix Pharmaceuticals Ltd (ASX: BOT) has announced an upcoming launch of its approved product, Sofdra, for treating primary axillary hyperhidrosis (PAH), a condition causing excessive sweating. The product is expected to hit the US market in the Ma...
ADX Energy Ltd (ASX: ADX) Advances Oil Production with Anshof-2A Well
September 17, 2024 05:58 PM AEST| By Team Kalkine MediaADX Energy Ltd,(ASX: ADX),has achieved a significant milestone with the Anshof-2A well, marking a key development in the company's oil production efforts. This well, encountered updip from the water-wet Anshof-2 well and slightly down dip from the An...
Xero (ASX:XRO) Share Price Increases Following US$70 Million Acquisition
September 17, 2024 05:40 PM AEST| By Team Kalkine MediaXero Ltd,(ASX: XRO),has seen a 2% uptick in its share price following the announcement of a significant acquisition. As one of the leading global providers of accounting software, Xero, an,ASX tech stock,, has revealed plans to acquire Syft Analytics...
New Hope (ASX:NHC) Share Price Increases Despite 56% Profit Decline in FY24 Results
September 17, 2024 05:12 PM AEST| By Team Kalkine MediaNew Hope Corporation Ltd,(ASX: NHC),, one of Australia’s leading coal miners, experienced a notable share price increase of over 2% following the release of its financial results for the fiscal year ending July 2024,FY24 Financial Highlights,For the...
Why BHP Group Shares Remain on Investors' Radar Despite Recent Decline
September 17, 2024 03:04 PM AEST| By Team Kalkine MediaSince the start of 2024, the BHP Group Ltd,(ASX: BHP),share price has experienced a 21.7% decline. Despite this, investors may still find reasons to keep BHP shares in focus. Let’s explore why BHP remains an attractive option for long-term portfolios...
Pro Medicus and Washington H Soul Pattinson Share Prices in Focus
September 17, 2024 02:43 PM AEST| By Team Kalkine MediaThe Pro Medicus Limited share price has surged 68.4% since the start of 2024, attracting attention from investors interested in,ASX growth stocks,. Similarly, Washington H. Soul Pattinson & Company Ltd is now just 6.7% away from its 52-week high, und...
Bell Potter Sees Significant Upside Potential in Mineral Resources (ASX:MIN) Shares
September 17, 2024 02:11 PM AEST| By Team Kalkine MediaMineral Resources Ltd (ASX:MIN) has seen a dramatic 25% surge in its share price over the past week, and analysts at Bell Potter believe this is just the beginning. The brokerage firm argues that the ASX 200 mining stock is currently undervalued and...
Downer (ASX:DOW) Celebrates Milestone with Delivery of 2,000th Motor Control Centre Skid for Santos (ASX:STO)
September 17, 2024 01:55 PM AEST| By Team Kalkine MediaIn a landmark achievement for Downer EDI Limited (ASX:DOW), the company’s Industrial & Power Generation team has successfully delivered its 2,000th Motor Control Centre (MCC) skid for Santos (ASX:STO). This milestone, reached in August, highlights Do...
Polymetals Resources Secures US$20 Million for Endeavor Mine Restart with Strategic Offtake Agreement
September 17, 2024 11:37 AM AEST| By Team Kalkine MediaPolymetals Resources Ltd (ASX:POL),has secured a pivotal funding milestone for the Endeavor silver, lead, and zinc mine located north of Cobar, New South Wales. This development comes in the form of a US$20 million (~A$30 million) loan facility, comp...
Stellar Resources Expands Leadership Team to Advance Heemskirk Tin Project
September 17, 2024 11:34 AM AEST| By Team Kalkine MediaStellar Resources Ltd (ASX:SRZ) , (OTC:SLROF) has made significant strides in bolstering its leadership team with the appointments of Mark Connelly as non-executive chair and mining engineer Andrew Doe to the management team. These strategic addition...
Atlas Arteria (ASX:ALX) Announces Successful Bond Issuance by APRR
September 17, 2024 11:21 AM AEST| By Team Kalkine MediaAtlas Arteria (ASX:ALX) has revealed that its subsidiary, APRR, has successfully priced €500 million in bonds under its Euro Medium Term Note Programme.,Key Details of the Bond Issuance,The newly issued bonds have a term of 9.3 years, with a maturity...
Xero (ASX:XRO) to Acquire Syft Analytics for US$70 Million
September 17, 2024 11:20 AM AEST| By Team Kalkine MediaXero Limited (ASX:XRO) has announced its plan to acquire Syft Analytics, a leading global cloud-based platform for reporting, insights, and analytics tailored for accountants, bookkeepers, and small businesses.,Strategic Expansion in Analytics and Re...
Platinum Asset Management (ASX:PTM) Shares Surge on Regal Partners' (ASX:RPL) Proposal
September 17, 2024 11:12 AM AEST| By Team Kalkine MediaPlatinum Asset Management Ltd (ASX:PTM) shares are soaring this morning, surging 16% to AU$1.15 following news of a potential takeover offer from Regal Partners Ltd (ASX:RPL).,Key Details of the Proposal,The fund manager's shares skyrocketed after co...
Adairs Appoints Former Country Road Chief Elle Roseby as New CEO Amid Retail Challenges
September 17, 2024 10:55 AM AEST| By Team Kalkine MediaAdairs Limited (ASX:ADH), Australia’s largest retailer of home furnishings and manchester, has appointed Elle Roseby, former managing director of Country Road, as its new chief executive officer. Ms. Roseby is set to assume the role in January, marki...
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