AUS
NZ
UK
CA
USA
IND
Stocks
Woolworths Group Ltd and Washington H. Soul Pattinson (ASX: SOL) Shares to Monitor
August 12, 2024 01:55 PM AEST| By Team Kalkine MediaThis article examines the recent performance of Woolworths Group Ltd and Washington H. Soul Pattinson Ltd. Woolworths, Australia’s largest retailer, has seen its share price drop by 9.1% in 2024, while Soul Pattinson, an,ASX value stock,, is near its...
Assessing the Value of BHP Group Ltd (ASX: BHP) Amid Recent Declines
August 12, 2024 01:24 PM AEST| By Team Kalkine MediaThe BHP Group Ltd share price, an,ASX mining stock,, has experienced a significant decline of 19.2% since the beginning of 2024. This raises an important question for investors: is the BHP share price currently undervalued?,BHP Group Ltd (ASX: BHP),B...
Two ASX Shares to Watch: RMD and PLS
August 12, 2024 01:15 PM AEST| By Team Kalkine MediaThe Resmed CDI share price has seen a notable increase of 28.6% since the beginning of 2024. In contrast, the Pilbara Minerals Ltd share price, an,ASX growth stock,, is currently 43% below its 52-week high. This article explores the current performan...
CAR Group Reports Notable Revenue Increase Despite Profit Decline
August 12, 2024 12:05 PM AEST| By Team Kalkine MediaCAR Group,(ASX: CAR),, a prominent player in the online vehicle marketplace, has reported a notable increase in revenue for the financial year 2024. The company's revenue jumped by a remarkable 41%, reaching $1.099 billion. This significant growth un...
Evaluating the SOL Share Price in 2024
August 12, 2024 11:33 AM AEST| By Team Kalkine MediaTwo significant players on the ASX are Washington H. Soul Pattinson and BHP Group. Established in 1903, Washington H. Soul Pattinson, an,ASX value stock,, has recently seen a 5.3% rise in its share price, reflecting its enduring value as an investmen...
JB Hi-Fi (ASX:JBH) Hits $9.59 Billion in FY 2024 Sales, Acquires E & S Trading Co
August 12, 2024 11:12 AM AEST| By Team Kalkine MediaHighlights:,JB Hi-Fi Ltd (ASX:JBH) achieved $9.59 billion in sales for FY 2024, with a net profit after tax of $438.8 million and earnings before interest and tax of $647.2 million.,The company saw a 1% increase in Australian sales to $6.61 billion a...
American Rare Earths (ASX:ARR) to Transfer US Project to Subsidiary; CEO Swartz to Depart
August 12, 2024 11:00 AM AEST| By Team Kalkine MediaHighlights:,American Rare Earths (ASX:ARR) has transferred its Wyoming-based Halleck Creek Project to a newly formed subsidiary to improve access to US state grants and funding.**,CEO Donald Swartz will step down, with the company’s legal counsel set...
Beach Energy (ASX: BPT) Reports 11% Drop in FY24 Profits Due to Rising Costs in Cooper Basin
August 12, 2024 10:34 AM AEST| By Team Kalkine MediaHighlights:,Profit Decline:,Beach Energy (ASX: BPT) reported an 11% drop in underlying profits for FY24, with earnings falling to $341 million from $385 million in FY23, primarily due to higher costs in its Cooper Basin operations.,Production and Cas...
Fletcher Building (ASX: FBU) Divests Tradelink for $170M, Citing Lack of Synergy in Plumbing Division
August 12, 2024 10:28 AM AEST| By Team Kalkine MediaHighlights:,Sale of Tradelink:,Fletcher Building (ASX: FBU) has sold its plumbing division, Tradelink, to Metal Manufactures Pty Ltd for $170 million, with $10 million tied to performance milestones, netting Fletcher $160 million immediately.,Transac...
Nanocap Pearl Gull (ASX: PEG) Abandons Chilean REE Project Buyout Due to Low Commodity Prices
August 12, 2024 10:25 AM AEST| By Team Kalkine MediaHighlights:,Termination of Acquisition:,Nanocap Pearl Gull Iron (ASX: PLG) has canceled its planned acquisition of the Huemul Rare Earth Elements (REE) project in Chile, citing low rare earth prices as the reason for the decision.,Market Conditions I...
Why This Investor Is Making a Big Bet on Macquarie Group (ASX: MQG)
August 12, 2024 10:17 AM AEST| By Team Kalkine MediaHighlights:,K2 Asset Management's Focus:,George Boubouras from K2 Asset Management is optimistic about mid-cap stocks in healthcare, transport, and consumer sectors, expecting them to benefit from potential rate cuts. He is also bullish on,Macquarie...
Oil Prices Hold Steady After Weekly Gains as Traders Await Potential Iran Response
August 12, 2024 10:12 AM AEST| By Team Kalkine MediaHeadlines:,Oil Prices Stable:,Brent crude is trading below $80 per barrel and West Texas Intermediate (WTI) around $77 per barrel, holding steady after their first weekly gain since early July.,Geopolitical Tensions:,The market is closely watching Ir...
JB Hi-Fi (ASX: JBH) Hints at Special Dividend; Aurizon (ASX: AZJ) Unveils $150 Million Buyback
August 12, 2024 10:10 AM AEST| By Team Kalkine MediaHeadlines:,The Australian sharemarket is expected to open higher on Monday, with the S&P/ASX 200 futures indicating a 0.8% gain, following a strong performance on Wall Street.,Major ASX companies like,JB Hi-Fi (ASX: JBH),,,Aurizon (ASX: AZJ),, and,CA...
Topdrill’s Innovative Shares-for-Services Model Fuels Growth and Supports Mining Explorers
August 09, 2024 04:47 PM AEST| By Team Kalkine MediaTopdrill, a Kalgoorlie-based drilling contractor, has experienced significant growth since its inception in 2014. The company has expanded from a team of 55 employees to a workforce of 420, largely due to its unique approach of accepting shares in pe...
ASX Health Stocks: Neuren’s Angelman Drug Positive, Share Price Falls
August 09, 2024 04:45 PM AEST| By Team Kalkine MediaNeuren Pharmaceuticals Ltd,(ASX: NEU),has shared promising results from its Phase 2 clinical trial of NNZ-2591, a drug designed to treat Angelman syndrome, a rare genetic disorder affecting the nervous system. The trial, which involved children aged...
Woolworths Group Ltd (ASX: WOW) and Washington H. Soul Pattinson Ltd (ASX: SOL) Performance Update
August 09, 2024 02:45 PM AEST| By Team Kalkine MediaIn the Australian stock market, Woolworths Group Ltd and Washington H. Soul Pattinson Ltd are drawing investor attention. While Woolworths has seen a 9.4% drop in share price this year, reflecting some market challenges, Washington H. Soul Pattinson...
Mining Stocks Surge as Iron Ore Prices Rebound
August 09, 2024 02:24 PM AEST| By Team Kalkine MediaShares in major mining companies experienced a notable increase on Friday, following a global risk-on sentiment and a rebound in iron ore prices. The positive shift was largely driven by reassuring U.S. economic data, which alleviated fears of an imm...
Nick Scali (ASX:NCK) Share Price Reacts to 20% Drop in FY24 Earnings
August 09, 2024 01:41 PM AEST| By Team Kalkine MediaNick Scali Limited,(ASX: NCK),, the well-known furniture retailer with brands including Nick Scali, Plush, and recently acquired Fabb Furniture in the UK, has captured significant market attention following its FY24 financial results announcement.,FY...
QBE Insurance Shares Drop to Six-Month Low Amidst Robust Profit Performance
August 09, 2024 01:21 PM AEST| By Team Kalkine MediaShares of QBE Insurance Group Ltd,(ASX: QBE),have reached their lowest point since late January, even as the company reported a substantial increase in after-tax profits for the first half of the fiscal year. The insurance group’s stock fell by 3.5%...
QBE Insurance (ASX:QBE) Shares Dip Despite Strong Profit Surge
August 09, 2024 11:58 AM AEST| By Team Kalkine MediaShares of QBE Insurance Group Ltd (ASX: QBE) experienced a sharp decline on Friday, falling nearly 5% to AU$15.58 in morning trade. This drop comes in the wake of the insurance giant's recent half-year financial results, which, despite showcasing sig...
Advertise your brand on Kalkine Media