October 2024

SkyCity Entertainment Group (ASX:SKC) has had a difficult 2024, as the company reported a net loss of $143.3 million for the year ending June 30. A significant portion of this loss comes from an $94.3 million impairment on its Adelaide assets, as well as a tax adjustment of $129.6 million, following changes in New Zealand’s […]

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

The Dow Jones Industrial Average reached a record close on Wednesday, rebounding from a sell-off in the previous session. The blue-chip index gained 337.28 points, or 0.79 per cent, finishing at 43,077.70. The S&P 500 rose 0.47 per cent to 5,842.47, while the Nasdaq Composite increased by 0.28 per cent, closing at 18,367.08. Both the

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

Companies discussed include: Guzman y Gomez Limited (ASX:GYG)Domino’s Pizza Enterprises Limited (ASX:DMP)Incitec Pivot Limited (ASX:IPL)

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

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

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

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

Titomic Limited (ASX:TTT) has announced the completion of an equity placement, raising $30m to fund its expansion into the United States. The placement, priced at $0.12 per share, garnered strong support from both existing and new investors, prompting the company to increase its initial target from $25m. The funds will primarily support the establishment of