Stocks

Yancoal (ASX:YAL) Withholds Dividends to Accumulate Cash for Potential Acquisitions
August 20, 2024 10:59 AM AEST| By Team Kalkine MediaHighlights:,Dividend Withheld for Acquisitions,:,Yancoal,(,ASX:YAL,) has opted to withhold its $420 million half-year profit, choosing to,retain,the cash for potential mergers and acquisitions rather than distribute it as dividends. This move boosts...

Fund Managers and Brokers Turn Bullish on Fortescue Metals Group (ASX:FMG)
August 20, 2024 10:34 AM AEST| By Team Kalkine MediaFund managers and brokers are becoming increasingly optimistic about Fortescue Metals Group (ASX:FMG), viewing the stock as a strong opportunity following its recent downturn. Analysts are now highlighting Fortescue's potential for recovery and growt...

ARB Corporation (ASX:ARB) Increases Dividend and Profit
August 20, 2024 10:28 AM AEST| By Team Kalkine MediaARB Corporation (ASX:ARB), a leading car parts merchant, has announced a notable increase in its full-year dividend following a robust financial performance for FY24. The company reported a significant 17.1% rise in profit, reaching $142.7 million fo...

West African Resources Ltd (ASX:WAF) Reports High-Grade Gold Intercepts at M1 South Deeps in Burkina Faso
August 20, 2024 10:18 AM AEST| By Team Kalkine MediaWest African Resources Ltd (ASX:WAF) has identified a significant gold intercept from its infill diamond drilling program at the M1 South Deeps resource in Burkina Faso. The new data reveals high-grade mineralisation with continuous results, confirmi...

Westpac (ASX: WBC) Posts 6% Profit Growth in Q3 2024
August 20, 2024 10:13 AM AEST| By Team Kalkine MediaHeadlines:,Profit Growth,:,Westpac Banking Corporation (,ASX:WBC,) reported a 6% increase in net profit for Q3 2024, reaching $1.8 billion. Excluding notable items, the profit growth was 2%.,Customer Engagement and Financial Metrics,:,The bank saw st...

Vicinity Centres (ASX:VCX) Acquires 50% Stake in Lakeside Joondalup Shopping Centre for $420 Million
August 20, 2024 09:58 AM AEST| By Team Kalkine MediaVicinity Centres (ASX:VCX) has expanded its retail property portfolio by acquiring a 50% share in Lakeside Joondalup Shopping Centre for $420 million. This strategic investment reinforces Vicinity's focus on enhancing its footprint in premium retail...

Ampol (ASX:ALD) Shares Drop 4.3% Despite Nearly Tripling Profit in First Half of 2024
August 19, 2024 03:16 PM AEST| By Team Kalkine MediaShares of Ampol Ltd (ASX:ALD) have dropped 4.3% to AU$30.72 following the release of the company's first-half results for the six months ended June 30, 2024. While the ASX 200 index displays only minor declines today, Ampol's performance diverges not...

Zip Co (ASX:ZIP) Completes AUAU$50 Million SPP, Boosts Share Price to New High
August 19, 2024 03:14 PM AEST| By Team Kalkine MediaZip Co Ltd (ASX:ZIP) has seen its share price jump 3% in morning trading, reaching a new 52-week high of AU$2.29. This surge follows the company’s announcement that it has completed a successful capital raising initiative. The latest move marks a sig...

GPT Group’s (ASX:GPT) Stock Climbs 3% on H1 Performance Despite Valuation Declines
August 19, 2024 03:10 PM AEST| By Team Kalkine MediaShares of GPT Group Ltd (ASX:GPT) have surged to a new yearly high on Monday morning, trading 3% higher at AU$4.82 per share. This rise surpasses the previous 52-week high of AU$4.73, driven by the company's robust interim results for the six months...

BlueScope Steel’s (ASX:BSL) FY24 Profits Fall Short, Shares Slide Despite Increased Dividends
August 19, 2024 02:30 PM AEST| By Team Kalkine MediaBlueScope Steel Ltd (ASX: BSL) is experiencing notable selling pressure today, with its share price slipping to AU$19.74, down 3.4% from Friday’s close of AU$20.52. This decline comes as the company’s FY 2024 financial results fall short of market ex...

Audinate Shares (ASX:AD8) Soar 11% Following FY24 Profits
August 19, 2024 02:27 PM AEST| By Team Kalkine MediaAudinate Group Ltd (ASX:AD8) saw a remarkable surge in its share price on Monday, climbing more than 11% to AU$10.50 apiece. This significant uptick follows the release of the company's record FY24 results, which have sparked a strong investor respon...

Liontown Resources (ASX:LTR) Faces Major Decline as Lithium Market Hits 3-Year Low
August 19, 2024 02:24 PM AEST| By Team Kalkine MediaLiontown Resources Ltd (ASX:LTR) has hit a new 52-week low, with its shares plunging to just AU$0.77 apiece on Monday. The decline was even steeper earlier in the session, with shares dropping to AU$0.765 before stabilising. This significant dip repr...

Telstra (ASX: TLS) Share Price Spotlight on FY24 Results and 18-Cent Dividend
August 16, 2024 05:28 PM AEST| By Team Kalkine MediaTelstra Group Ltd,(ASX: TLS),has announced its financial results for the fiscal year ending 30 June 2024, showcasing steady growth across various segments. Here are the key highlights from the company's FY24 performance:,- Total Income: Telstra's tot...

ASX Health Stocks: LTR Pharma’s ED Therapy Advances Under TGA Scheme
August 16, 2024 05:26 PM AEST| By Team Kalkine MediaLTR Pharma Ltd (ASX:LTP) has reached a significant milestone in the launch of its nasal spray treatment for erectile dysfunction (ED), with the first select group of patients receiving Spontan under the Therapeutic Goods Administration (TGA) Authoris...

Why the COL Share Price Is on My Radar for 2024
August 16, 2024 04:56 PM AEST| By Team Kalkine MediaColes Group Ltd has seen its share price rise by 14.0% since the beginning of 2024, reflecting a strong performance in the retail sector. In contrast, Wesfarmers Ltd is currently trading 55% above its 52-week low, showcasing resilience in its diverse...

GQG Partners Inc (ASX: GQG) Reports Impressive Half-Year Results
August 16, 2024 04:38 PM AEST| By Team Kalkine MediaThe share price of GQG Partners Inc,(ASX: GQG),has dipped slightly by over 1% following the release of its half-year financial results for FY24. Despite this minor decline, the results reflect a robust performance for the global fund management firm,...

Magellan (ASX: MFG) Share Price Rises 9% on FY24 Results and Vinva Partnership
August 16, 2024 02:26 PM AEST| By Team Kalkine MediaThe share price of Magellan Financial Group Ltd,(ASX: MFG),has surged more than 9% following the release of its FY24 results and a significant strategic investment. This notable performance comes in the wake of various updates from the,ASX financial...

Cochlear Ltd (ASX: COH) Faces Share Price Drop Despite Positive Results
August 16, 2024 01:47 PM AEST| By Team Kalkine MediaCochlear Ltd, a prominent player in the hearing implant sector, saw its share price fall by 7% following the release of its financial results for the fiscal year 2024 (FY24). Despite reporting robust financial and operational performance for the year...

Amcor (ASX:AMC) Shares Slide 2.3% Amid Mixed FY 2024 Results
August 16, 2024 12:25 PM AEST| By Team Kalkine MediaAmcor PLC (ASX:AMC),shares are under pressure on Friday, tumbling 2.3% to AU$15.78 from their previous close of AU$16.14. This decline contrasts with the broader,S&P/ASX 200 Index (ASX: XJO),, which is up 1.3% at the same time.,FY 2024 Financial Perf...

Australian Energy Stocks Surge as Oil Prices Rise and Geopolitical Tensions Escalate
August 16, 2024 12:20 PM AEST| By Team Kalkine MediaAustralian energy stocks saw a notable increase, with the,S&P/ASX 200 Energy Index (XEJ),climbing as much as 2.2% to reach its highest level since August 5. The sub-index is up 1.4% for the week and is on track for its best weekly performance since J...

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