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UBS analysts revise price target of Sims (ASX: SGM), shares up
March 25, 2024 11:39 AM AEDT| By Team Kalkine MediaShares of Sims Ltd (,ASX: SGM,) surged by as much as 5.2% to AU$12.520 on Monday morning, marking a notable uptick and potentially the company's most substantial gain since August 15. This surge in value comes as analysts at UBS revised their price t...
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ROE of Link Administration Holdings (ASX: LNK) surpasses the industry average in the professional services sector
March 22, 2024 04:59 PM AEDT| By Team Kalkine MediaFor investors seeking to deepen their understanding of financial metrics, this article delves into the significance of Return on Equity (ROE) and its relevance in evaluating a company's performance, using Link Administration Holdings Limited (,ASX: L...
What are Bell Potter analysts saying about Coles Group (ASX: COL)?
March 22, 2024 04:57 PM AEDT| By Team Kalkine MediaBell Potter analysts have identified Coles Group Ltd (,ASX: COL,) as the prime choice for investors this month. According to the renowned brokerage firm, Coles shares present an attractive investment opportunity, earning the supermarket giant a covet...
Up 6%, Webjet (ASX: WEB) shares racing higher on Thursday. Here’s why.
March 21, 2024 12:43 PM AEDT| By Team Kalkine MediaWebjet Ltd (,ASX: WEB,) share price skyrocketing on Thursday's trading session, as it surged by 6.16% to AU$8.45 apiece at 12: 04pm AEDT.,Investors are showing interest in the company's shares following its 2024 WebBeds Strategy Day, where the focus...
AVADA Group (ASX: AVD) sees surge in share price on Wednesday following stake sale news
March 20, 2024 04:22 PM AEDT| By Team Kalkine MediaShares of AVADA Group Ltd (,ASX: AVD,), an Australian traffic management firm, soared over 28% on Wednesday to AU$0.64 apiece(at 2:11pm AEDT). This surge came in response to reports indicating that the company's second-largest shareholder, Regal Fund...
Woolworths (ASX: WOW) share price drops over 10% in past one month, here’s why.
March 19, 2024 06:24 PM AEDT| By Team Kalkine MediaThe Woolworths Group Ltd (,ASX: WOW,) share price has faced significant headwinds in recent months, prompting investors to question whether it presents a buy-the-dip opportunity or if it's best to steer clear. Today, WOW shares dropped 1.29% to close...
Qantas (ASX: QAN) faces legal battle over illegal job outsourcing: major union demands compensation
March 18, 2024 07:48 PM AEDT| By Team Kalkine MediaIn a significant legal battle, the Transport Workers Union (TWU) is spearheading efforts to hold Qantas (,ASX: QAN,) accountable for what it considers the largest case of illegal job outsourcing in Australia's corporate history. The lawsuit stems fro...
Tabcorp Holdings (ASX: TAH) CEO resignation sparks share price plunge
March 15, 2024 05:44 PM AEDT| By Team Kalkine MediaShares of Tabcorp Holdings (,ASX: TAH,) in Australia witnessed a sharp decline of over 5% on Friday, following the resignation of the company's CEO, Adam Rytenskild. The resignation came after the board became aware of allegations regarding the use o...
Myer Holdings (ASX: MYR) witnesses significant surge in stock price as Olivia Wirth takes the helm
March 14, 2024 05:55 PM AEDT| By Team Kalkine MediaIn a remarkable turn of events, shares of Myer Holdings (,ASX: MYR,), one of Australia's leading retailers, surged by nearly 7.55% to reach a session-high of AU$0.86 apiece on Thursday, marking the highest point since May 2023. This spike in stock pr...
Jefferies analysts positive about future of Webjet (ASX: WEB) amidst strong travel trends
March 14, 2024 05:50 PM AEDT| By Team Kalkine MediaIn a recent analysis, experts at Jefferies have voiced their optimism regarding Webjet (,ASX: WEB,), a leading player in the travel and tourism sector. Citing robust underlying leisure travel data, the brokerage firm has revised its price target for...
Treasury Wine Estates (ASX: TWE) share price surges on positive developments in China
March 13, 2024 05:27 PM AEDT| By Team Kalkine MediaThe Treasury Wine Estates Ltd (,ASX: TWE,) share price is experienced a notable uptick on 13 March 2024, rising 1.47% to AU$12.46. Investors are showing renewed interest in the wine giant following a significant announcement related to its operations...
Metcash Ltd (ASX: MTS) share price surges to 52-week high: what's driving the rally?
March 13, 2024 04:58 PM AEDT| By Team Kalkine MediaIn an impressive midweek rally, the share price of Metcash Ltd (,ASX: MTS,) was on the ascent on 13 March 2024, reaching a 52-week high of AU$4.06 during the trading session, reflecting a 2% increase in morning trade. Investors are actively engaging...
Metcash (ASX: MTS) share jumps on positive trading update
March 12, 2024 04:54 PM AEDT| By Team Kalkine MediaIn a notable surge, shares of Metcash Ltd (,ASX: MTS,) experienced a 3.15% increase to reach AU$3.93 on Tuesday. This uptick in the wholesale distributor's stock can be attributed to the positive investor response following the release of a trading u...
Transurban Group (ASX: TCL) faces stock downturn amidst toll review concerns
March 12, 2024 04:31 PM AEDT| By Team Kalkine MediaIn a concerning development for toll operator Transurban Group (,ASX: TCL,), shares tumbled as much as 2.08% to AU$13.17 apiece on 12 March 2024. Analysts at Macquarie, a leading financial services company, have kept the price target for the stock un...
Qantas Airways (ASX: QAN) Recent Update: Pilots of Network Aviation and QantasLink Announces Face Fresh Strike
March 11, 2024 05:56 PM AEDT| By Team Kalkine MediaThe aviation industry in Australia is currently under the spotlight as pilots from Qantas Airways (,ASX: QAN,) units, Network Aviation, and QantasLink, gear up for a fresh strike this week. The Australian Federation of Air Pilots (AFAP) announced on...
Treasury Wine (ASX: TWE) Takes a Dip on Monday: Analyzing the Fall
March 11, 2024 05:45 PM AEDT| By Team Kalkine MediaIn the dynamic landscape of financial markets, the shares of Australia's Treasury Wine Estates (,ASX: TWE,) have experienced a slight dip on 11 Mrach 2024, falling as much as 0.57% to AU$12.28. Let's delve into the factors influencing this market mov...
Coles (ASX: COL) Share Price Drop, Goes Ex-dividend today
March 05, 2024 05:11 PM AEDT| By Team Kalkine MediaIn today's (5 March 2024) rather sluggish trading session for the S&P/ASX 200 Index (ASX: XJO), Coles Group Ltd (,ASX: COL,) caught the attention with a notable 1.20% dip in its share price. In this article, we'll delve into the factors behind this i...
E&P Capital Shares Positive Outlook for Tabcorp (ASX: TAH)
March 04, 2024 01:48 PM AEDT| By Team Kalkine MediaIn a market where every move counts, the recent surge of Tabcorp's (,ASX: TAH,) shares to 0.27% at AU$0.74 (on 4 March 2024) has captured the attention of investors. This surge comes as E&P Capital re-launches coverage on the bookmaker, assigning a n...
Shares of Star Entertainment (ASX: SGR) surges by almost 18% in past five days. Here’s why.
March 01, 2024 11:25 AM AEDT| By Team Kalkine MediaIn a stellar performance, the shares of Star Entertainment (,ASX: SGR,) have surged by an impressive around 18% this week. Let's delve into the factors propelling this surge and the insights that investors need to navigate this dynamic market.,Breaki...
Atlas Arteria Group (ASX: ALX) Achieves FY Statutory Net Profit After Tax of AU$256.3M
February 29, 2024 06:03 PM AEDT| By Team Kalkine MediaAtlas Arteria Group (,ASX: ALX,) has demonstrated remarkable financial prowess, reporting a FY Statutory Net Profit After Tax of AU$256.3 million, a substantial increase from the previous AU$241.0 million. This stellar performance is a testament to t...
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