LA Private

September 20, 2024

Myer meets revised financial guidance amid market challenges

Myer (ASX:MYR) has met its lowered guidance for the 2023-24 financial year as it battled through challenging market conditions and the fallout from high interest rates. However, it has reduced both its final and full-year dividends. The department store chain announced on Friday that its net profit was $52.6 million, a 26% decrease from $71.1 […]

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ASX up 0.45% near noon: IT is best performing sector

Aus shares have reached a record high, while Myer highlights challenging market conditions. Regis Healthcare and Kelsian have secured significant contracts, and Namoi Cotton has endorsed Olam Agri’s acquisition bid. The Australian dollar has risen sharply, alongside Bitcoin. At 11:35am, the S&P/ASX 200 is 0.45 per cent higher at 8,228.90. The SPI futures are pointing

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Stocks of the Hour: Anson Resources, Develop Global, Mithril Silver and Gold

To register for today’s webinar click here. Anson Resources (ASX:ASN, ASNOC) has received binding commitments from institutional and sophisticated investors to raise $5 million through a placement . The successful Placement validates Anson’s strategy to accelerate the development of the Green River Lithium Project, which has significant infrastructure advantages and is in an advanced stage

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Primed for growth: Insights from CEO Simon Madder

Prime Financial Group Limited (ASX:PFG) Managing Director, CEO and Chairman Simon Madder provides an update on the company, discussing drivers behind FY24 performance, the acquisitions of Altor Capital and Equity Plan Management, and outlook. Abbey Phillipps: I’m Abbey Phillipps for the Finance News Network, and today I have the pleasure of interviewing Simon Madder, Prime

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