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Market updates
ASX Surpasses 8000 Points; Baby Bunting (ASX:BBN) Jumps 15%, Dexus (ASX:DXS) Declines
August 20, 2024 10:46 AM AEST| By Team Kalkine MediaHighlights:,ASX Recovery:,The ASX has regained 8000 points, rising 34 points (0.4%) to 8014.9, following gains in US markets and a 4.5% rebound from earlier losses this month.,Notable Stock Movements,:,Baby Bunting (,ASX:BBN,) saw a significant 15.1%...
ASX Expected to Rise; KMD Brands Warns of Challenging FY24, Ansell Reduces Dividend
August 20, 2024 10:27 AM AEST| By Team Kalkine MediaThe ASX is anticipated to open higher as investors react to recent corporate updates. KMD Brands (ASX:KMD) has signaled a difficult fiscal year 2024, forecasting challenges ahead. Meanwhile, Ansell Limited (ASX:ANN) has announced a reduction in its d...
ASX 200 Set to Rise as S&P 500 Records 8th Consecutive Day of Gains; Ansell and Hub24 to Spotlight Earnings
August 20, 2024 09:57 AM AEST| By Team Kalkine MediaAs of 8:25 AM AEST, ASX 200 futures are showing a 36-point rise, equating to a 0.45% increase, signaling a positive start for the Australian market. This anticipated strength follows Wall Street's upbeat performance, where the S&P 500 closed near ses...
Woodside, Climate Group Agree to End Scarborough Gas Challenge
August 19, 2024 03:27 PM AEST| By EODHD(Bloomberg) -- Woodside Energy Group Ltd. and the Australian Conservation Foundation agreed to dismiss the latter’s challenge to the development of the $12.5 billion Scarborough natural gas field off...
Lendlease reports $1 billion loss amid strategy shift, regulatory delays
August 19, 2024 02:35 PM AEST| By EODHD(Reuters) - Australia's Lendlease on Monday said its annual loss widened as the real estate developer faced the brunt of a major shift in operational strategy amid a delay in the corporate regulator's...
BHP Miners Lift Strike After Negotiators Reach Wage Accord
August 17, 2024 03:09 AM AEST| By EODHD(Bloomberg) -- BHP Group and union leaders in Chile reached a preliminary wage agreement on Friday, setting the stage for a resumption of normal production at the world’s biggest copper mine. Prices d...
Shares Rise 1.3% as Miners Rebound and NAB Reports Positive
August 16, 2024 05:10 PM AEST| By Team Kalkine MediaThe Australian sharemarket extended its winning streak to six consecutive sessions, driven by a broad rally as investors increasingly bet on central banks cutting interest rates later this year. The market's momentum was further fueled by positive ec...
Lobe Sciences Announces Creation of Wholly Owned Subsidiary, Alera Pharma, Inc.
August 16, 2024 02:15 PM AEST| By Business WireAlera Pharma, Inc. is a newly formed C-Corp wholly owned by Lobe Sciences, Ltd. Mr. Rick Goulburn is appointed as the Chief Executive Officer of Alera Pharma, Inc. Dr. Frederick D. Sancilio has be...
Rea Group Ltd (ASX: REA) and Woolworths Group Ltd (ASX: WOW) Share Prices to Monitor
August 16, 2024 12:59 PM AEST| By Team Kalkine MediaIn 2024, Rea Group Ltd. and Woolworths Group Ltd. have drawn investor focus with notable share price movements. REA Group has surged significantly, driven by robust revenue growth, while Woolworths is nearing its,52-week high,, appealing to those see...
Perseus Mining FY24 Results Investor Webinar
August 16, 2024 11:36 AM AEST| By EODHDPerseus Mining Limited Perth, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Perseus Mining Limited (ASX/TSX: PRU) is hosting an investor webinar and conference call to discuss its FY24 Results, which are anticipa...
Australian Shares on Track for Sixth Consecutive Gain as Rate Cut Hopes Rise
August 16, 2024 10:40 AM AEST| By Team Kalkine MediaAustralian shares are poised for their sixth straight session of gains, driven by a broad market rally as investors increasingly bet on central banks cutting interest rates later this year. This optimism follows a positive performance on Wall Street,...
MOVE Logistics (ASX:MOV) appoints new interim CEO to assume operational leadership starting early September.
August 16, 2024 09:59 AM AEST| By Team Kalkine MediaMOVE Logistics (ASX:MOV) has revealed that Paul Millward will assume the role of interim CEO starting in early September. Millward, formerly the CEO of ‘2 Cheap Cars,’ an NZX-listed company, is set to bring a robust background in sales leadership, fi...
ASX 200 Set to Climb, S&P 500 Surges, Plus Amcor, ASX Ltd, and Domain Report Earnings
August 16, 2024 09:55 AM AEST| By Team Kalkine MediaThe ASX 200 futures are up 77 points, or 0.98%, as of 8:30 am AEST, indicating a positive start to the trading day.,In the U.S., major indices surged on the back of strong corporate earnings from Costco (NASDAQ: COST) and Walmart (NYSE: WMT). July re...
Perseus appoints new Chief Operating Officer
August 16, 2024 09:18 AM AEST| By EODHDPerseus Mining Limited Perth, Aug. 16, 2024 (GLOBE NEWSWIRE) -- perseus mining appoints new chief operating officer Perth, Western Australia/August 16, 2024/Perseus Mining Limited (ASX/TSX:PRU) is ple...
Australia's NAB posts lower cash earnings, flags decline in asset quality
August 16, 2024 08:22 AM AEST| By EODHD(Reuters) - National Australia Bank reported a near 8% drop in its cash earnings for the third-quarter on Friday, hurt by rising competition in the housing loan market and higher operational expenses....
Woodside Signs Sponsorship Deal With Mexican Football Team
August 16, 2024 08:00 AM AEST| By Business WireWoodside forms partnership with Jaiba Brava football team Three-year sponsorship agreement Woodside logo to appear on jerseys and in the stadium MEXICO CITY--(BUSINESS WIRE)--Woodside Energy has t...
Amcor: Fiscal Q4 Earnings Snapshot
August 16, 2024 06:29 AM AEST| By EODHDWARMLEY BRISTOL, Britain (AP) — WARMLEY BRISTOL, Britain (AP) — Amcor plc (AMCR) on Thursday reported fiscal fourth-quarter net income of $257 million. On a per-share basis, the Warmley Bristol, Brita...
Cohesity Research Finds Organizations Overestimate Their Cyber Resilience, Leading to Business Continuity Issues & Ransom Payments
August 16, 2024 02:00 AM AEST| By Business WireAlmost Half of Companies Need Over 6 Days To Recover Data & Restore Usual Business ProcessesSAN JOSE, Calif.--(BUSINESS WIRE)--#CyberResilience--Cyber resilience research commissioned by Cohesity...
BHP strike in Chile enters third day, buoying global copper price
August 16, 2024 01:04 AM AEST| By EODHDBy Fabian Cambero SANTIAGO (Reuters) - A strike at mining giant BHP's huge Escondida mine in Chile entered its third day on Thursday, bolstering global copper prices as an ongoing standoff between the...
Interactive Brokers Expands Overnight Trading to Include CFDs on US Stocks and ETFs
August 15, 2024 10:00 PM AEST| By Business WireTrading of CFDs on US Equities Is Available Around the Clock, 5 Days a WeekGREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announce...
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