Market updates

Avnet to Support South East Water’s Mass Digital Meter Deployment
September 12, 2024 06:23 PM AEST | By Business WireTo support South East Water’s mass rollout, Avnet has set up a water meter test lab at its Bayswater facility in Melbourne for verification testing. M...

UBS Issues Caution on Lithium Stocks Amid Market Shifts
September 12, 2024 05:58 PM AEST | By Team Kalkine MediaUBS has recently advised investors to reconsider their positions in several prominent lithium stocks, including IGO Ltd (ASX: IGO), Liontown Resources...

Nvidia (NVDA) Shares Surge Following CEO Jensen Huang’s Reassurances
September 12, 2024 03:45 PM AEST | By Team Kalkine MediaShares of,Nvidia Corporation (NVDA),experienced a notable surge of 8% to $116.78 in New York trading on Wednesday (Thursday AEST), marking the largest...

Oil Prices Rebound as Hurricane Francine Threatens US Gulf of Mexico...
September 12, 2024 03:44 PM AEST | By Team Kalkine MediaOil prices surged as Hurricane Francine swept through the oil-producing regions of the US Gulf of Mexico, prompting oil companies to shut down product...

**Wall Street Assesses August CPI Data and Its Impact on Federal Res...
September 12, 2024 03:42 PM AEST | By Team Kalkine MediaThe release of the August Consumer Price Index (CPI) data has stirred considerable discussion on Wall Street about its implications for the upcoming U...

Trump Media Shares Plunge 10% Following Debate with Kamala Harris
September 12, 2024 03:41 PM AEST | By Team Kalkine MediaShares of,Trump Media & Technology Group (TMTG),,the media company founded by Donald Trump, dropped sharply by 10.5% after the debate between Trump an...

ASX Set to Rise as Nvidia's Surge Boosts Wall Street Rally
September 12, 2024 03:40 PM AEST | By Team Kalkine MediaMemory updated,Australian shares are expected to rise following a robust session on Wall Street, driven by a surge in tech stocks and moderated expect...

Cabot Properties Acquires Newly Built, Multi-Story Logistics Facilit...
September 12, 2024 03:35 PM AEST | By Business WireAmong Australia’s first institutional grade multi-story logistics properties, 42-52 Raymond Avenue provides ease of access to global gateway hubs, inc...

Pan American Silver Reports Mineral Reserves and Mineral Resources a...
September 12, 2024 02:07 PM AEST | By Business WireSignificant increase in estimated mineral resources for the La Colorada Skarn project Mineral reserve replacement and 1.2 million ounce increase in go...
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Pro Medicus (ASX: PME) and Washington H Soul Pattinson (ASX: SOL): W...
September 12, 2024 01:48 PM AEST | By Team Kalkine MediaThe ASX market has seen significant movements in recent times, with Pro Medicus Limited and Washington H Soul Pattinson & Company Ltd standing out. He...

Mike Sneesby Steps Down as Nine Entertainment CEO Amid Leadership Tr...
September 12, 2024 01:42 PM AEST | By Team Kalkine MediaNine Entertainment Co. Holdings Ltd (ASX:NEC), one of Australia’s largest media and entertainment companies, announced the unexpected departure of its...

Vale Increases 2024 Iron Ore Production Forecast Amid Strong Perform...
September 12, 2024 01:41 PM AEST | By Team Kalkine MediaBrazilian mining giant Vale S.A. (NYSE:VALE), one of the world’s largest iron ore producers, has raised its 2024 iron ore production forecast followin...
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Beston Global Food Receives Acquisition Offer from Japanese Dairy Gi...
September 12, 2024 12:37 PM AEST | By Team Kalkine MediaBeston Global Food Company Ltd (ASX:BFC), an Adelaide-based dairy and food processing group, has confirmed it has received a non-binding acquisition b...

NIB Holdings CEO Mark Fitzgibbon to Step Down After 20 Years of Lead...
September 12, 2024 12:21 PM AEST | By Team Kalkine MediaNIB Holdings Ltd (ASX:NHF), one of Australia’s leading health insurers, announced a significant leadership transition as Mark Fitzgibbon, its long-sta...

Crescent Capital Sells Entire Stake in Australian Clinical Labs
September 12, 2024 12:16 PM AEST | By Team Kalkine MediaFund manager Crescent Capital has announced its complete exit from Australian Clinical Labs (ASX: ACL), marking a significant shift in its investment...

Brickworks Faces $123.5 Million Charge Amid Market Slowdown
September 12, 2024 12:15 PM AEST | By Team Kalkine MediaBrickworks Ltd (ASX:BKW), a prominent player in the global building products industry, is preparing to report a $123.5 million hit to its fiscal 2024...

Origin Energy Revamps Eraring Power Station for Its Final Years
September 12, 2024 12:13 PM AEST | By Team Kalkine MediaOrigin Energy (ASX: ORG) has undertaken a significant $80 million maintenance overhaul at its Eraring coal power station, a move designed to enhance t...

Uranium Stocks Surge Following Putin's Export Threat
September 12, 2024 12:12 PM AEST | By Team Kalkine MediaShares of uranium mining companies experienced a significant boost, positioning them for one of their strongest trading days of the year. This surge w...

Australian Share Market Update: ASX Gains Amid Sectoral Shifts; BHP,...
September 12, 2024 12:11 PM AEST | By Team Kalkine MediaIn a notable rebound, the Australian share market demonstrated resilience as it saw broad gains following a rally on Wall Street. The benchmark S&P/AS...

Australia's Nine Entertainment CEO Mike Sneesby to step down
September 12, 2024 11:07 AM AEST | By EODHDBy Adwitiya Srivastava (Reuters) - Australian broadcaster Nine Entertainment said on Thursday Chief Executive Officer Mike Sneesby would step down wit...