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South32 Reports Annual Loss Due to Accounting Cleanup, Plans Dividend and Capital Boost

24 Aug 2023 - An anticipated accounting cleanup has resulted in South32 (ASX:S32) reporting a loss for the fiscal year ending on June 30. However, despite this loss, shareholders a…

Qantas Achieves Record Pre-Tax Profit of $2.5 Billion Under CEO Alan Joyce's Leadership

24 Aug 2023 - Qantas (ASX:QAN) has unveiled a remarkable pre-tax profit of $2.5 billion, setting a new record for CEO Alan Joyce's final year at the helm of Australia's largest air…

Whitehaven Coal Achieves Record Earnings Amidst Slump in Coal Prices

24 Aug 2023 - In the face of declining global coal prices, particularly thermal coal, the fiscal year 2022-23 stands as Whitehaven Coal's pinnacle, as the company reported unpreced…

Northern Star Resources Reports Record Earnings and Increased Dividends for Shareholders

24 Aug 2023 - A surge of financial success for Northern Star Resources (ASX:NST) has translated into record earnings and enhanced dividends for shareholders in the fiscal year endi…

Air New Zealand Returns to Profitability with Special Dividend Amidst Travel Boom

24 Aug 2023 - Benefitting from a resurgent travel industry and ongoing government support, Air New Zealand (ASX:AIZ)has reported a profit and special dividend for the fiscal year e…

Nvidia's Stellar Earnings Amidst Mixed Retail Results: A Tale of Contrasting Sectors

24 Aug 2023 - As the American retail sector faces mixed and weaker quarterly results, AI chip giant Nvidia emerges as a strong player, sending Wall Street abuzz.

Graphite: Cornerstone of EV batteries

24 Aug 2023 - The EV industry, with its eyes set on a trillion-dollar market value, is racing against time to replace the century-old internal combustion engines (ICE) that have lo…

Stocks of the Hour: Lake Resources, 4DS Memory, Raiden Resources

23 Aug 2023 - A snapshot of the stocks on the move, featuring Lake Resources (ASX:LKE), 4DS Memory (ASX:4DS) and Raiden Resources (ASX:RDN).

Transition from large-scale nuclear to SMRs gains momentum in US

23 Aug 2023 - The central theme driving the energy transition and decarbonisation efforts revolves around the objective of maximising the use of electricity and sourcing this elect…

Santos shareholders unscathed by weak June performance as company focuses on diversification

23 Aug 2023 - Santos shareholders have managed to sidestep the ramifications of their company's lackluster performance in the first half of June.

WiseTech Global: A rare blend of growth and value, yet challenges ahead

23 Aug 2023 - Global logistics software firm, WiseTech Global (ASX:WTC), has emerged as a unique stock in the market, embodying both tech-style growth and shareholder value, in add…

Impressive turnaround in profits for K&S Corp in FY2023 despite challenges

23 Aug 2023 - Based in Melbourne, K&S Corp managed a turnaround in financial performance in the fiscal year ending on June 30, outperforming expectations for even larger and more p…

Macy's reports second quarter loss

23 Aug 2023 - Macy's, the largest department store chain in the United States, has posted a second-quarter loss that highlights a discrepancy with the recent positive earnings and …

Iluka reduces dividend amidst revenue and earnings slump

23 Aug 2023 - Mineral sands producer Iluka (ASX:ILU) has made a significant cut to its interim dividend, offering just 3 cents per share for the six months ending June 30.

Ebos achieves record revenue and profit, increases annual dividend by 14%

23 Aug 2023 - Ebos (ASX:EBO), a leading healthcare and animal products group operating across Australia and New Zealand, has reported a surge in both revenue and earnings, leading …

Domino's Pizza faces dividend cut as profits slide in challenging year

23 Aug 2023 - Domino's Pizza (ASX:DMP) shareholders are set to experience a 30% reduction in their final dividend as the once high-flying fast-food group faced a significant setbac…

Investors opt for Azure Minerals' placement over SQM's offer in lithium exploration

23 Aug 2023 - Big shareholders in the lithium and nickel exploration company Azure Minerals swiftly recognized the value of investing $2.40 per share in a $120 million placement, a…

Woolworths boosts full year dividend by 13% on solid revenue and earnings growth

23 Aug 2023 - Woolworths (ASX:WOW) shareholders are set to benefit from a 13% increase in the full-year dividend as the supermarket giant disclosed robust growth in revenue and ear…

US banking sector faces downgrades and challenges as ratings agencies express concerns

23 Aug 2023 - Following Moody's and Fitch, S&P Global has joined the ranks of ratings agencies expressing concerns about the US banking sector.

S&P Global downgrades US banks

22 Aug 2023 - On Monday night, the third major global rating agency issued downgrades or warnings regarding numerous mid-level banks.

Kogan shares take a hit amidst disappointing 2022-23 results

22 Aug 2023 - Shares of online retailer Kogan (ASX:KGN) faced a sharp decline on Tuesday as investors reacted to the company's 2022-23 results. The shares experienced a 16% drop at…

Coles posts modest 4.8% profit increase

22 Aug 2023 - Australian supermarket operator Coles (ASX:COL) has reported a 4.8% rise in its full-year cash profit, amounting to $1.1 billion, driven by a solid surge in revenue f…

Woodside Energy reports record first-half profit

22 Aug 2023 - Woodside Energy (ASX:WOO), driven by a surge in oil and gas production following its merger with BHP's petroleum business last year, has posted a remarkable 6% rise i…

Investors skeptical as China's rate cut and share buyback move fail to boost markets

22 Aug 2023 - Investors in Hong Kong and mainland China have expressed disappointment following the People's Bank of China's (PBoC) modest rate cut and the country's securities reg…

HUB24's EBITDA surges 45%

22 Aug 2023 - HUB24, (ASX:HUB), has announced its financial results for the fiscal year ending June 30, 2023, showcasing robust growth across multiple metrics.

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