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BWX lowers earnings guidance, shares slump on ASX
June 28, 2022 12:07 PM AEST| By Sonal GoyalShares of BWX Limited (ASX:BWX) dipped by 38% on the ASX today after the company downgraded its guidance for FY22.
Collins Foods (ASX:CKF) boosts FY22 revenue; how are shares faring?
June 28, 2022 11:15 AM AEST| By AshishCollins Foods on Tuesday announced a robust in its sales and earnings for the year ending 1 May 2022
Metcash (ASX:MTS) posts another record year; how are shares reacting?
June 27, 2022 11:53 AM AEST| By AshishHighlights,Metcash,posted a rise of 5.9% in group revenue to AU$15.2 billion.,The underlying EBIT rose 17.7% to AU$472.3 million.,The board of Metcash also announced a final dividend of 11 cents per share.,Shares of Metcash Ltd (,ASX:MTS,) were racin...
Why is BetMakers Technology (ASX:BET) on investors’ radar today?
June 24, 2022 12:09 PM AEST| By Sonal GoyalShares of BetMakers Technology (ASX:BET) surged on the ASX after the company announced on-market share buy-back through ASX-announcement.
Qantas’ (ASX:QAN) forecasts net debt fall; how are its shares responding?
June 24, 2022 11:16 AM AEST| By AshishQantas Airways has forecast its net debt to decline to nearly AU$4 billion by the FY22 end
Biden announces new fly formula mission; Bubs (ASX:BUB) shares rise
June 23, 2022 01:14 PM AEST| By Sonal GoyalShares of the Bubs (ASX:BUB) gained on the ASX after the company shared that it would transport circa 180,000 tins of Bubs’ infant formula to the US.
A2M, BUB, BGA, AHF: ASX-listed dairy stocks to watch out for
June 23, 2022 10:41 AM AEST| By RitwikaThe ASX 200 consumer staples sector performed well on the ASX today. We have discussed about the performance of four ASX dairy stocks in this article today.
QAN, FLT, WEB: What is pulling ASX200 travel stocks down?
June 22, 2022 06:06 PM AEST| By Sukriti NairHighlight,The S&P/ASX200 is lower today, dropping 15.40 points or 0.24% to 6,508.40.,Investors are wary of reduced consumer spending given future rate hikes and inflation.,Travel stocks like QAN, FLT, WEB seem to be getting affected by the market sen...
EDV, TWE, AVG: How have these ASX wine shares fared on YTD basis?
June 22, 2022 12:14 PM AEST| By AshishAustralia is globally known for its wine, beer, and other spirits. Wine exports account for just over 1% of the country’s total exports
APA Group (ASX:APA) signs deal for Hunter Power Project, shares fall
June 20, 2022 12:32 PM AEST| By Bhawna GuptaHighlights APA has signed a 30-year Gas Transportation and Storage Agreement with Snowy Hydro. The deal is to begin the development of a pipeline connection to the Hunter Power Project. The company had recently raised AU$1 billion of senior un.....
PointsBet (ASX:PBH) bags investment from SIG Sports; how are shares faring?
June 20, 2022 10:32 AM AEST| By AshishHighlights PointsBet is set to issue 38.75 million shares to proprietary financial trading firm SIG Sports. PointsBet also announced a pro rata deferred bonus equity option issuance to eligible shareholders. There is no change to Poi...
Bubs (ASX:BUB) upgrades FY22 guidance; here's how its shares are responding
June 17, 2022 11:10 AM AEST| By AshishHighlights Bubs Australia upgraded its revenue and earnings guidance for FY2022. Bubs now expects gross revenue to be more than AU$100 million for the given fiscal. Bubs was recently tasked with exporting 1.2 million tons of its infa...
What made Qantas (ASX:QAN) share price slip in red today?
June 16, 2022 08:30 PM AEST| By Sukriti NairHighlights Qantas had another day of booking losses, slipping further 4% down today The fall in price is backed by the scrapping of flights between Perth and Alice Springs Another pain in the neck is luggage lag Extending losses from the .....
Flight Centre (ASX:FLT) to invest AU$30M in staff
June 16, 2022 04:16 PM AEST| By Sonal GoyalHighlights Flight Centre announced an extension of its staff retention initiative yesterday FLT’s global staff would get additional share rights or cash under its Global Retention Rights program The proposed offering helped the company t.....
SkyCity (ASX:SKC) shares earnings guidance, shares on the watch
June 14, 2022 12:28 PM AEST| By Sonal GoyalGaming entertainment company, SkyCity Entertainment Group Limited (ASX:SKC), on Tuesday, stated that the company has witnessed a stronger than expected trading and now that there is an increased certainty towards its full year results, SKC is now i.....
Blackstone gets ‘conditional’ nod from government to acquire Crown (ASX:CWN)
June 10, 2022 06:43 PM AEST| By Sonal GoyalHighlights NYSE-listed Blackstone Inc. has received a conditional approval from gaming regulators of Western Australia to acquire Crown Resorts. Crown shares kept buzzing in the green territory today, outperforming broader ASX200 index and benc.....
Crown Resorts (ASX:CWN) shares gain as Blackstone gets key buyout approval
June 09, 2022 01:10 PM AEST| By Bhawna GuptaHighlights Blackstone has received VGCCC and ILGA approval for buying Crown Resorts. Crown Resorts Limited is the largest ASX-listed casino and entertainment company. Crown Resorts' shares were trading in green today (June 9). Crown Resor.....
ACCC elevates concerns on Aurizon’s (ASX:AZJ) AU$2.35B OneRail acquisition
June 09, 2022 12:37 PM AEST| By Sonal GoyalRail network services provider, Aurizon Holdings Limited (ASX:AZJ) had inked an agreement on 22 October 2021 with Macquarie Asset Management to acquire One Rail Australia (ORA). The transaction was subject to three primary conditions – respe.....
Fonterra (ASX:FSF) shares surge on share buyback announcement
June 08, 2022 04:16 PM AEST| By Sonal GoyalShares of ASX-listed food and beverage company, Fonterra Shareholder’s Fund (ASX:FSF) surged during the early trading hours after the company shared that it will begin with a share buy-back programme from 30 June 2022. Backed by the news, th.....
APA Group (ASX:APA) shares gain over 3% on AU$1B loan facility
June 08, 2022 12:12 PM AEST| By Bhawna GuptaHighlights APA has raised AU$1 billion of senior unsecured debt via a syndicated loan facility. Shares of APA were trading at AU$11.59 each, up 3.48% on ASX. Leading Australian energy infrastructure business APA Group (ASX: APA) announced .....
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