May 21, 2024

Shareholders in Brisbane-based tech services and software group, Technology One (ASX:TNE), will receive a record interim payout of 5.08 cents per share after the company revealed a double-digit increase in sales and profits for the six months ending on March 31. TNE asserts it is confident it can maintain the strong first-half performance into the […]

As expected, Brisbane-based global testing company ALS (ASX:ALQ) has ensured that its shareholders will not feel the financial pain of its Nuvisan adventure—the wasted millions of dollars invested in the European drug testing company and the quarter of a billion dollar impairment wrote down. Thanks to the $248.8 million write-down, ALS reported a tiny profit

James Hardie (ASX:JHX) might have notched up another record earnings year, defying tough homebuilding and construction markets in Australia and the US especially, but those headwinds look like they’re catching up in the 2024-25 financial year, with lower earnings forecast by the group. Hardie reported a 17% rise in adjusted full-year net income to a

Telstra (ASX:TLS) embarked on a significant investor pitch on Tuesday, unveiling cost reductions and other adjustments to reset its troubled Enterprises division. This narrative was accompanied by an optimistic outlook for 2023-24 earnings, alongside early guidance for 2024-25. However, the crux of the matter lies in the announcement of job cuts totaling a substantial 2,800,

Sierra Nevada (ASX:SNX) will review the potential for a large, high-grade epithermal silver-dominated vein system at Blackhawk, Nevada, USA. The high-grade intercept is situated 150m vertically below the deepest portion of the historic mine and includes higher grade intersections of 0.5m at 1270g/t Ag from 256.5m. Shares are trading 82.93 per cent higher at 7.5

The Reserve Bank’s May policy meeting minutes indicated that while raising the cash rate was considered if forecasts risked optimism regarding inflation factors, stronger-than-expected data prompted them to maintain the rate at 4.35%, citing insufficient updates to justify policy alteration and acknowledging increased inflation risks. At 11:40am, the S&P/ASX 200 is 0.2 per cent lower