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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...
Shares of Star Entertainment (ASX: SGR) closes 8% up on Thursday. Here’s why.
February 29, 2024 05:46 PM AEDT| By Team Kalkine MediaIn the dynamic world of the stock market, notable shifts often catch the eye of investors and analysts alike. Recently, Star Entertainment (,ASX: SGR,) witnessed a significant leap, jumping 8.33% up on 29 February 2024 to AU$0.52 apiece. Let's delve...
Understanding the Recent Downturn in Flight Centre Travel (ASX: FLT) Shares
February 28, 2024 01:45 PM AEDT| By Team Kalkine MediaThe Flight Centre Travel Group Ltd (,ASX: FLT,) has witnessed a substantial decline in its shares on 28 February 2024, leaving investors in a state of concern. Despite the company's robust half-year results, the market seems unimpressed. In this arti...
Brokerage Firm Citi Lifts Reece (ASX: REH) Target Price Amidst Resilient Performance
February 28, 2024 01:42 PM AEDT| By Team Kalkine MediaIn the dynamic landscape of financial markets, Reece Ltd's (,ASX: REH,) recent strides have caught the eye of the renowned brokerage firm, Citi. The company's target price has been significantly boosted from AU$14.20 to a robust AU$28.90, accompanied...
Shares of Kelsian Group (ASX: KLS) Witness a 14% Plummet Today. Here’s Why.
February 28, 2024 01:39 PM AEDT| By Team Kalkine MediaThe article delves into the unprecedented 14.11% decline in shares of Kelsian Group (,ASX: KLS,) on 28 February 2024 at 12:48 PM AEDT, reaching AU$5.66 apiece. This market plunge, the most substantial since their ASX debut in 2013, prompts a detailed...
Johns Lyng (ASX: JLG) Witnesses 13% Decline on Tuesday Following 1H FY24 Earnings Release
February 27, 2024 04:55 PM AEDT| By Team Kalkine MediaIn the wake of its 1H FY24 earnings announcement, Johns Lyng Group Ltd (,ASX: JLG,) is experiencing a significant downturn on Tuesday, with its stock plummeting by 13% to close at AU$6.25 apiece. This decline positions Johns Lyng as the worst-perform...
Reece (ASX: REH) touches 52-week high on half-yearly results
February 27, 2024 04:50 PM AEDT| By Team Kalkine MediaIn a remarkable market development, Reece Ltd (,ASX: REH,) commands attention as its share price experiences a notable uptick. As of Tuesday, the company's shares skyrocketed by an impressive 18.31%, to close at AU$28.50. Noteworthy here is that, dur...
Orica Limited (ASX: ORI) Expands Horizons with Cyanco Acquisition
February 27, 2024 04:35 PM AEDT| By Team Kalkine MediaIn a significant strategic move, Orica Limited (,ASX: ORI,) has officially entered into a binding agreement to acquire 100% of the common stock of Cyanco Intermediate 4 Corp. from Cerberus Capital Management, L.P. for a substantial US$640 million. Th...
Coles Group’s (ASX: COL) Half-Year Results Out, Shares React
February 27, 2024 04:26 PM AEDT| By Team Kalkine MediaIn a remarkable Tuesday surge, the Coles Group Ltd (,ASX: COL,) share price increased by 5.79%, settling at AU$16.80. This upswing follows the highly anticipated release of Coles' half-year results, shedding light on the supermarket giant's recent pe...
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