November 7, 2024

ANZ Group Holdings (ASX:ANZ) has released its full-year results for the financial year ending 30 September 2024, showcasing mixed performance metrics against the backdrop of its strategic acquisition of Suncorp Bank. The bank’s statutory profit attributable to shareholders fell by 8% to $6.54bn. Its cash profit declined 9% to $6.73bn, which is lower than what […]

News Corporation (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) reported its first-quarter results for fiscal 2025, showing record-breaking growth. Total revenues rose 3% to $2.58bn, up from $2.50bn in the prior year, fuelled by strong performances in Digital Real Estate Services, Book Publishing, and Dow Jones segments. This is ahead of average analyst estimates. Net income

AVITA Medical (Nasdaq: RCEL, ASX: AVH), a leader in regenerative medicine with its proprietary RECELL technology, reported a substantial increase in revenue for the third quarter ended 30 September 2024. The company recorded commercial revenue of $19.5m, representing a 44% rise from $13.6m in Q3 2023. This is slightly above average market expectations. This growth

The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve. The S&P 500 gained 0.74 per cent to close at a record high of 5,973.10. The Nasdaq Composite advanced 1.51 per cent to reach 19,269.46

Nine Entertainment Group (ASX:NEC) has released a trading update ahead of its 10am Annual General Meeting today. Chair Catherine West and interim CEO Matthew Stanton detailed the company’s efforts to strengthen its integrated media portfolio and maintain audience engagement despite economic pressures and a shifting advertising landscape. Nine has expanded audiences across its platforms. Live

Seven West Media (ASX:SWM) has provided a trading update ahead of its 2024 Annual General Meeting at 11am today. Chairman Kerry Stokes and newly appointed CEO Jeff Howard outlined the company’s strategies to navigate a difficult economic environment while advancing digital transformation and maintaining strong audience engagement. Stokes highlighted the challenges faced by the media

Sigma Healthcare (ASX:SIG) announced a significant step forward in its proposed merger with Chemist Warehouse Group (CWG), following the Australian Competition and Consumer Commission’s decision not to oppose the deal. The approval comes with a court-enforceable undertaking from Sigma, ensuring competitive practices are maintained. The merger, which involves Sigma acquiring CWG in exchange for shares

Steadfast Group (ASX:SDF) has announced its expansion in the London insurance market with the 100% acquisition of HW Wood and HWI France. The acquisition, valued at £23.5m, is set to be funded through Steadfast’s corporate debt facilities and cash flow, and is expected to be accretive to earnings per share immediately upon completion. Steadfast Group

This is one of the most decisive election victories by a party in US history, with the Republicans dominating the White House Senate and Congress. Markets like certainty and there this is definitely a certain result. The US equity markets closed higher with the Dow Jones jumping 3.6%. Amongst its 30 constituent stocks, 21 were

IVE Group (ASX:IGL) has announced its membership in Seamless, Australia’s first clothing stewardship scheme, becoming the first uniform supplier to join. Launched in July 2024, Seamless aims to establish a circular clothing industry by 2030, focusing on sustainable manufacturing, use, and recycling of garments. Other founding members include David Jones, Lorna Jane and the Sussan