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Stocks
Canva (ASX: CAN) Hires Big Tech Talent for IPO While Facing Executive Departures
August 13, 2024 11:20 AM AEST| By Team Kalkine MediaHighlights:,High,-Profile Departures,:,Canva (ASX: CAN) has experienced the exit of five senior executives from major tech firms like Meta, Adobe, and Google over the past 18 months, ahead of its,anticipated,IPO.,Leadership,Challenges,:,The departure...
Oil Prices Surge Over 3% Amid Concerns of Escalating Middle Eastern Conflict
August 13, 2024 11:05 AM AEST| By Team Kalkine MediaHighlights:,Oil,Prices Surge,:,Brent Crude (ASX: WPL) futures rose 3.3% to $US82.30 per barrel, while US West Texas Intermediate (WTI) Crude (ASX: STO) futures increased 4.2% to $US80.06 per barrel, driven by fears of a widening conflict in the Middl...
Drilling at Kiaka Gold Project Yields 7.6 g/t Gold Intercept for West African Resources (ASX: WAF)
August 13, 2024 11:03 AM AEST| By Team Kalkine MediaWest African Resources Ltd (ASX: WAF) has announced a significant intercept of 22 meters at 7.6 grams per tonne (g/t) of gold from its maiden grade control drilling at the Kiaka South pit, part of the broader Kiaka Gold Project in Burkina Faso. This...
Great Boulder (ASX: GBR) Reports 400m Strike Length of Mineralisation at Mulga Bill North
August 13, 2024 11:02 AM AEST| By Team Kalkine MediaGreat Boulder Resources [ASX: GBR] has announced promising results from its recent 13-hole aircore drilling campaign at Mulga Bill North, confirming gold mineralisation across a 400-meter strike length. The latest data, released on Tuesday, includes:...
Seek Ltd (ASX: SEK) Shares Plummet After Disappointing FY 2024 Results
August 13, 2024 10:40 AM AEST| By Team Kalkine MediaSeek Ltd (ASX: SEK), a leading job listings company, is experiencing a challenging day in the market. The company’s share price has dropped sharply, down 10% to AU$19.97, following the release of its full-year results for FY 2024. This downturn refle...
CSL Ltd (ASX:CSL) Share Price Takes a Hit Amidst Mixed FY24 Results
August 13, 2024 10:35 AM AEST| By Team Kalkine MediaOn Tuesday morning, CSL Ltd (ASX: CSL) is facing significant pressure on its share price, reflecting a cautious investor sentiment following the release of its full-year results for FY 2024. Despite showing strong performances across its business seg...
CSL Ltd (ASX: CSL) Reports 20% Increase in Net Profit, Maintains Positive Outlook
August 13, 2024 10:16 AM AEST| By Team Kalkine MediaCSL Ltd,(ASX: CSL),, a leading player in the biotechnology sector, has announced a robust 20% increase in its net profit for the 2024 financial year. This significant rise underscores the company's successful efforts in reviving its core plasma colle...
Mako Gold (ASX:MKG) Reports Shallow High-Grade Gold Discovery in Scout Drilling at Tchaga North
August 13, 2024 09:55 AM AEST| By Team Kalkine MediaMako Gold (ASX:MKG) has reported a significant discovery of shallow, high-grade gold at its Tchaga North prospect during a recent scout drilling campaign. The company drilled 1,200 meters using a Reverse Circulation (RC) rig, uncovering promising gol...
Scotiabank Invests $2.8 Billion in KeyCorp to Expand U.S. Market Presence
August 13, 2024 01:03 AM AEST| By Team Kalkine MediaThe Bank of Nova Scotia (Scotiabank) has announced a significant investment of $2.8 billion in KeyCorp, a move aimed at enhancing its commercial opportunities and solidifying its position in the U.S. financial market. This strategic investment unders...
CAR Group (ASX: CAR) Share Price Rises Following Strong FY24 Results
August 12, 2024 05:57 PM AEST| By Team Kalkine MediaCAR Group Ltd,(ASX: CAR),, the operator of Carsales.com and marketplaces in South Korea, the US, Chile, and Brazil, has reported an impressive FY24 result, sending its share price up more than 3%.,FY24 Highlights,For the 12 months ending 30 June 2024...
Psilocybin Drug Shows Promise for Fibromyalgia Pain Relief in ASX Health Stocks
August 12, 2024 04:13 PM AEST| By Team Kalkine MediaTryptamine Therapeutics shows promise for fibromyalgia with its psilocybin treatment. Actinogen Medical reports mixed results for its depression drug, Xanamem. PYC Therapeutics sees notable vision improvements with VP-001 for Retinitis Pigmentosa typ...
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...
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