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Macy's uncovers $154m accounting error

26 Nov 2024 - Macy’s (NYSE: M) has delayed its fiscal third-quarter earnings release after discovering that an employee hid between $132m and $154m in delivery expenses over severa…

UniCredit throws a curveball with 10.5bn euro BPM bid

26 Nov 2024 - UniCredit (BIT:CRDI) has launched a surprise €10.5bn all-share bid for its domestic rival Banco BPM (BIT:BAMI), sparking political backlash and concerns about the imp…

Engine trouble doesn't clip Air New Zealand's wings

25 Nov 2024 - Air New Zealand (ASX:AIZ) has forecast pre-tax earnings for the first half of FY25 to be between NZ$120m and NZ$160m, significantly exceeding the NZ$37m pre-tax earni…

Novonix signs five-year supply deal with Volkswagen's PowerCo

25 Nov 2024 - Novonix (ASX:NVX) has secured a binding agreement with Volkswagen subsidiary PowerCo SE to supply a minimum of 32,000 tonnes of high-performance synthetic graphite fr…

SG Fleet receives $3.50 per share offer from Pacific Equity Partners

25 Nov 2024 - SG Fleet Group (ASX:SGF) has received a non-binding, indicative proposal from Pacific Equity Partners (PEP) to acquire all outstanding shares in the company at $3.50 …

Bell Financial offers $58m for Selfwealth

25 Nov 2024 - Bell Financial Group (ASX:BFG) has announced a $58m proposal to acquire 100% of Selfwealth (ASX:SWF) through a scheme of arrangement.

Northvolt short circuits Europe's green ambitions

24 Nov 2024 - Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle battery production, has filed for Chapter 11 bankruptcy protection in t…

UPS delivers $45m surprise: Accounting package gets returned to sender

24 Nov 2024 - UPS (NYSE: UPS) has agreed to pay US$45m to settle allegations by the US Securities and Exchange Commission (SEC) that it improperly valued its freight business.

Nvidia delivers record AI results, but Wall Street isn't impressed

24 Nov 2024 - Despite strong performance, Nvidia's stock has fallen, reflecting investor unease over Q4 guidance and rising costs.

A detour for WiseTech's logistics journey

24 Nov 2024 - WiseTech Global (ASX:WTC) has adjusted its FY25 guidance, lowering its revenue and EBITDA expectations following leadership changes and a delay in launching a key pro…

Milk money: A2M announces first-ever dividend

24 Nov 2024 - The a2 Milk Company (ASX:A2M) has revised its FY25 revenue guidance upward and introduced its first dividend policy, marking a milestone in the company's history.

Oceania Healthcare realigns as profits slip

24 Nov 2024 - Oceania Healthcare (ASX:OCA) has reported a net loss of $17.1m for the previous six months, a stark contrast with a $35.2m profit in the same period last year.

UK inflation rises to 2.3%, increasing pressure to delay rate cuts

21 Nov 2024 - Inflation in the UK surged to 2.3% in October, reversing a downward trend earlier in the year and placing pressure on the Bank of England to delay further interest ra…

Comcast cuts the cord on cable networks

21 Nov 2024 - Comcast Corporation (NASDAQ: CMCSA) is moving forward with a plan to spin off its cable TV networks, including MSNBC, CNBC, USA, E!, Syfy, and Golf Channel.

Target plunges over 18% on earnings miss

21 Nov 2024 - Target Corporation (NYSE: TGT) have plummeted in premarket trading after the retailer reported disappointing third-quarter earnings and reduced its full-year guidance…

iseek and you shall find: HMC's DigiCo REIT gathers momentum

20 Nov 2024 - A stock to keep an eye on is HMC Capital (ASX:HMC), up 34.3% over the past 40 days.

Injecting hope: Clinuvel eyes higher SCENESSE usage in Europe

20 Nov 2024 - Clinuvel Pharmaceuticals (ASX:CUV) has entered discussions with the European Medicines Agency to increase the recommended maximum annual dosage of its flagship SCENES…

Pinnacle invests $143m in two international firms

20 Nov 2024 - Pinnacle Investment Management (ASX:PNI) has announced investments in two international asset managers—VSS Capital Partners (VSS) and Pacific Asset Management (PAM). …

Shipping setbacks put Nick Scali's profits on shaky legs

20 Nov 2024 - Nick Scali (ASX:NCK) has reported significant disruptions to its supply chain due to operational issues at one of its freight forwarders and customs agents.

Emeco's $300m FY25 projection

20 Nov 2024 - Emeco Holdings (ASX:EHL) has issued a trading update and earnings guidance for the 2025 financial year ending 30 June.

Putin's nuclear warning rattles European markets

20 Nov 2024 - European stocks declined on Tuesday as geopolitical tensions spiked following President Vladimir Putin’s revision of Russia’s nuclear doctrine in response to Ukraine’…

Price is right: Walmart cashes in on value seekers

20 Nov 2024 - Walmart raises forecasts after beating expectations for Q3.

Pipes, bridges, and profits: SRG's $700m haul

19 Nov 2024 - SRG Global (ASX:SRG) has secured $700m in contracts across Australia and New Zealand.

SEEK-ing high yields with AI investment

19 Nov 2024 - SEEK has presented its FY25 guidance and trading update, highlighting its focus on the Asia-Pacific region.

4DMedical breathes easy with UCSD Health lung imaging deal

19 Nov 2024 - 4DMedical (ASX:4DX) has announced a three-year contract with UC San Diego (UCSD) Health, ranked among the top 10 US hospitals for respiratory care.

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