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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.

Stocks of the Hour: Lake Resources, BBX Minerals, Nimy Resources

22 Aug 2023 - A snapshot of the stocks on the move, featuring Lake Resources (ASX:LKE), BBX Minerals (ASX:BBX) and Nimy Resources (ASX:NIM).

Allkem's strong 2022-23 results pave the way for merger with Livent

22 Aug 2023 - Australian-Argentinian lithium conglomerate Allkem (ASX:AKE) has positioned itself favorably for an impending merger with its US-based counterpart, Livent, following …

BHP reports 37% earnings decline and dividend cut

22 Aug 2023 - Contrary to sensational headlines, the 37% drop in earnings and subsequent dividend reduction from BHP, the global resources company, shouldn't come as a shock.

Shares in Adairs plummet

21 Aug 2023 - Shares of homewares retailer Adairs (ASX:ADH) experienced a substantial decline of more than 15% during Monday trading.

Elders attributes earnings downgrade to weak cattle and sheep prices

21 Aug 2023 - Elders' (ASX:ELD) shares experienced a decline on Monday following an unexpected earnings downgrade for the 2022-23 financial year.

Reliance Worldwide sees 8% decline in shares

21 Aug 2023 - Global plumbing supplies group Reliance Worldwide (ASX:RWC) witnessed a decline of over 8% in its shares yesterday as its results for the 2022-23 period fell short of…

Stocks of the Hour: Red Metal, Gladiator Resources, Charter Hall

21 Aug 2023 - A snapshot of the stocks on the move, featuring Red Metal (ASX:RDM), Gladiator Resources (ASX:GLA) and Charter Hall (ASX:CHC).

Possible breakup of $3.5B Premier Investments empire amid CEO resignation

21 Aug 2023 - Strong indications emerged on Monday that Solomon Lew might consider dismantling his vast $3.5 billion fashion retail conglomerate, Premier Investments, following the…

Beijing's modest rate cut leaves Asian investors skeptical about stimulus commitment

21 Aug 2023 - Reuters reported early on Monday that Asian investors were holding their breath, waiting to see how committed Beijing was to policy easing through anticipated rate cu…

Unexpected breakdown at Ampol's Brisbane oil refinery leads to slide in half-year core net profit

21 Aug 2023 - Ampol (ASX:ALD), following an unforeseen breakdown at its Brisbane oil refinery, has reported a 26% decrease in core net profit for the first half of the year ending …

Westpac posts unaudited Q2 net profit of $1.8 billion amidst margin and mortgage challenges

21Aug 2023 - Westpac (ASX:WBC) has disclosed an unaudited net profit of $1.8 billion for the quarter ending on June 30.

A2 Milk reports 27% profit increase in 2022-23 amid challenges in Chinese market

21 Aug 2023 - The A2 Milk Company (ASX:A2M) has announced a notable 27% rise in profit for the fiscal year 2022-23.

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