Stocks
Telstra Partners with Starlink to Enhance Coverage Across Australia
January 10, 2025 12:16 PM AEDT| By Team Kalkine MediaHighlights,Telstra partners with Elon Musk’s Starlink to bring Satellite-to-Mobile text messaging to Australia.,The collaboration aims to improve coverage in remote and regional areas across the country.,Telstra plans to explore additional satellite...
Australian Shares Flat as Mining Gains Offset Financial Losses; Retail Data Sparks Rate Cut Bets
January 10, 2025 12:14 PM AEDT| By Team Kalkine MediaHighlights,The S&P/ASX 200 index trades at 8,329.3 points, with a 1% weekly gain expected—its second rise in three weeks.,Mining stocks rise 0.9%, supported by rebounding iron ore prices and China’s stimulus measures.,Retail sales data miss forecasts...
QBE Insurance Shares Dip Despite Macquarie Upgrade and Positive Outlook
January 10, 2025 12:10 PM AEDT| By Team Kalkine MediaHighlights,QBE Insurance shares fall 0.2% to A$19.595, aligning with a 0.8% dip in the banking sub-index.,Macquarie raises price target to A$21.50 and upgrades 2024 earnings estimate by 8.3%.,Analysts maintain a "buy" rating on QBE, with a median pri...
Star Entertainment Hits Record Low Amid Liquidity Concerns
January 10, 2025 12:08 PM AEDT| By Team Kalkine MediaHighlights,Star Entertainment shares plunge to a record low, dropping 19.2% before stabilizing at AU$0.113, following Thursday's 33.3% slump.,The casino operator reported cash burn of AU$70 million in Q4 2024, with only AU$79 million in available cas...
Zip Co Shares Surge 363% in 2024, Beating Market Expectations
January 10, 2025 12:03 PM AEDT| By Team Kalkine MediaHighlights,Zip Co saw a remarkable,363% surge in its share price,in 2024, making it the,best performer on the ASX 200,.,The company reported a,28.2% revenue increase,and a,243.2% jump in cash earnings,for FY 2024, despite challenges like higher inter...
First Graphene (ASX:FGR) Advances Hydrogen Innovation with New Patent
January 10, 2025 11:49 AM AEDT| By Team Kalkine MediaHighlights,First Graphene (FGR) files patent for graphene-based hydrogen production process.,Technology targets,global,electrocatalyst market, set to grow to,$1.93 billion,by 2030.,Broader applications include industrial catalysts, lithium batteries,...
Block Inc to Change Ticker Code as Analysts Highlight Growth Potential
January 10, 2025 11:45 AM AEDT| By Team Kalkine MediaHighlights,Block Inc shares will trade under the ticker "XYZ" on the ASX from 22 January 2024, replacing the current "SQ2" code.,Analysts see strong growth potential for the company's Cash App and Square divisions, even after recent share price gains...
Insignia Financial Denies Receiving Takeover Bid from Brookfield Amid Speculation
January 10, 2025 11:42 AM AEDT| By Team Kalkine MediaHighlights,Insignia Financial confirms no takeover proposal from Brookfield despite media speculation.,Insignia shares rise 1.3% to $4.09, extending a 35% gain over the past month.,The company has received two major private equity proposals recently,...
Rate Cut Countdown: ANZ (ASX:ANZ) Predicts Earlier RBA Decision
January 10, 2025 11:36 AM AEDT| By Team Kalkine MediaHighlights,ANZ (ANZ),anticipates,an Australian rate cut as early as February.,Core inflation is expected to hit its lowest since 2021, driving this forecast.,January 29 inflation data could influence the Reserve Bank of Australia’s decision.,ANZ (ASX...
ASX Penny Stocks to Watch: Hidden Gems for January 2025
January 10, 2025 11:26 AM AEDT| By Team Kalkine MediaHighlights,ASX penny stocks with strong fundamentals are gaining investor attention in January 2025.,Li-S Energy, VHM Limited, and,Wellard,show diverse potential amid financial challenges.,These stocks highlight innovative niches and market resilienc...
Aldoro Resources Unveils Significant Niobium Discovery at Kameelburg
January 10, 2025 11:23 AM AEDT| By Team Kalkine MediaHighlights:,Aldoro,Resources Ltd (,ASX:ARN,),identified,388 metres of uninterrupted niobium mineralisation at the,Kameelburg,project in Namibia, with grades of 0.52%,Nb₂O,₅.,Rare earth element (REE) mineralisation was also found along the site, which...
Insider Confidence Pays Off as Cygnus Metals Reaches AU$110m Market Cap
January 10, 2025 11:20 AM AEDT| By Team Kalkine MediaHighlights,Cygnus Metals sees significant stock growth tied to insider confidence.,Insiders own a notable 14% of the company, reinforcing alignment with shareholders.,Recent insider activity shows steady interest without any selling.,Cygnus Metals (A...
Insiders Invest Heavily in Star Entertainment Group (ASX:SGR) Despite Market Challenges
January 10, 2025 11:17 AM AEDT| By Team Kalkine MediaHighlights,Insider investments in Star Entertainment Group total AU$49.1m despite significant stock decline.,Notable insider Bruce Mathieson led the charge, signaling confidence in the company’s future.,Insiders collectively hold AU$41m worth of shar...
Lantheus Acquires 12.16% Stake in Radiopharm Theranostics Through $8 Million Placement
January 10, 2025 11:16 AM AEDT| By Team Kalkine MediaHighlights,Lantheus,, a leading radiopharmaceutical company,,acquired,a 12.16% stake in,Radiopharm,Theranostics,(,ASX:RAD,) through an $8 million placement.,The placement price of 6 cents per share,represents,a 150% premium to,Radiopharm's,last closi...
Alpha HPA's (ASX:A4N) Bold Move into the Semiconductor Industry
January 10, 2025 11:00 AM AEDT| By Team Kalkine MediaAlpha HPA's (ASX:A4N) Bold Move into the Semiconductor Industry
Will Queensland's Rare Earth Shift Energize the Mining Sector?
January 10, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Transition from copper operations to rare earths in Queensland.,Queensland government commits substantial funds for critical minerals projects.,Regional companies advance rare earth processing near Mount Isa.,Queensland's mining industry i...
Which healthcare stock experienced a significant drop this week following an earnings downgrade?
January 10, 2025 11:00 AM AEDT| By Team Kalkine MediaWhich healthcare stock experienced a significant drop this week following an earnings downgrade?
Hansen Technologies:Financial Insights Behind Performance
January 10, 2025 02:30 AM AEDT| By Team Kalkine MediaHeadlines,Hansen Technologies' financial health and operational performance have been highlighted as potential contributors to recent momentum in its stock activity.,Return on equity (ROE) is used as a tool to evaluate the company's efficiency in gen...
Star Entertainment (ASX:SGR) Faces Financial Turmoil Amid Cash Burn and Urgent Need for Solutions
January 09, 2025 04:11 PM AEDT| By Team Kalkine MediaHighlights,Star Entertainment (SGR) faces cash flow challenges with limited liquidity.,Potential administration looms without swift stakeholder intervention.,Strategic investor or asset sale seen as critical for survival.,Star Entertainment Group (AS...
Telstra Partners with SpaceX to Enhance Satellite Connectivity for Regional Australia
January 09, 2025 03:55 PM AEDT| By Team Kalkine MediaHighlights,Telstra teams up with SpaceX’s Starlink to provide satellite connectivity to remote areas in Australia.,New technology will enable SMS capabilities for Telstra customers in satellite coverage zones.,The partnership expands on an earlier 20...
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