LA Private

October 16, 2024

Finbar delivers solid FY24 results, driven by Civic Heart completion

Finbar Group Limited (ASX:FRI), a leading property developer in Western Australia, has posted a strong performance for FY24, with a comprehensive income increase of $13.6 million, bringing total earnings to $16.4 million. The year was marked by the successful completion of the Civic Heart project in South Perth, which had a significant impact on the

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General Motors boosts investment in US lithium mine to nearly $1bn

General Motors (GM) has significantly increased its investment in a key lithium project, raising its total commitment to nearly $1 billion as it aims to secure a long-term supply of the critical metal essential for electric vehicle (EV) battery production. The US automaker has raised its stake in Vancouver-based Lithium Americas to $945 million from

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China’s “big” stimulus – will it work? And what does it mean for Australia?

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses China’s stimulus moves. Key points:A move towards more aggressive fiscal policy stimulus and property support measures should help drive a mild cyclical upswing in China’s economy.However, it’s doubtful it will be enough to reverse longer term structural problems facing China – around

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Enlitic prescribes AI for radiology growth

AI-powered healthcare company Enlitic (ASX:ENL) has secured two major distribution agreements with Bayer Healthcare and Philips Healthcare, further cementing its presence in the global medical imaging market. The three-year partnership with Bayer will integrate Enlitic’s ENDEX platform into Bayer’s radiation dose management software. This collaboration aims to improve radiation dose monitoring at radiology sites, with

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Imricor prepares for 2025 US commercial launch

Imricor Medical Systems (ASX:IMR) has reported significant progress in its latest quarterly update, including a milestone achievement with the first MRI-guided ablation on US soil at Johns Hopkins University Hospital. This marks a critical step in the company’s efforts to secure FDA approval for its ground-breaking real-time iCMR (interventional cardiac magnetic resonance) ablation technology.  Imricor

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Pro Medicus secures $32m contract extension

Pro Medicus Limited (ASX:PME), a leading player in healthcare informatics, has announced a significant five-year contract extension valued at a minimum of $32 million with a prominent Australian radiology network. This extension pertains to the company’s Radiology Information System (RIS) product, Visage RIS. Dr Sam Hupert, CEO of Pro Medicus, stated, “This contract extension cements

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