LA Private

November 2024

Shipping setbacks put Nick Scali’s profits on shaky legs

Nick Scali (ASX:NCK), a leading furniture retailer in Australia and New Zealand, specialising in premium, stylish furniture, has reported significant disruptions to its supply chain due to operational issues at one of its freight forwarders and customs agents, which is now under administration. This situation has delayed a substantial number of the company’s shipping containers, […]

Shipping setbacks put Nick Scali’s profits on shaky legs Read More »

Emeco’s $300m FY25 projection

Emeco Holdings (ASX:EHL), a provider of equipment rentals and maintenance services for the mining sector, has issued a trading update and earnings guidance for the 2025 financial year ending 30 June. The company projects its Operating EBITDA to exceed $300m, reflecting a steady continuation of FY24’s performance trends. The Managing Director and CEO, Ian Testrow,

Emeco’s $300m FY25 projection Read More »

US markets close mixed as Nvidia drives Nasdaq higher: ASX set to fall

US markets closed mixed overnight recovering from early weakness related to escalating tensions in the Ukraine conflict. The Dow Jones Industrial Average fell by 0.28 per cent, to end at 43,268.94 while Nvidia shares helped the Nasdaq to finish the day stronger. The Nasdaq composite gained 1.04 per cent to finish at 18,987.47, the S&P 500

US markets close mixed as Nvidia drives Nasdaq higher: ASX set to fall Read More »

Putin’s nuclear warning rattles European markets

European stocks declined on Tuesday as geopolitical tensions spiked following President Vladimir Putin’s revision of Russia’s nuclear doctrine in response to Ukraine’s use of US-made long-range missiles. The Stoxx Europe 600 index dropped 0.5%, hitting its lowest level in over three months, while Germany’s DAX and France’s CAC 40 each fell 0.7%. The FTSE 100

Putin’s nuclear warning rattles European markets Read More »

Price is right: Walmart cashes in on value seekers

Walmart (NYSE: WMT) has delivered another strong quarterly performance, exceeding expectations for the third quarter of fiscal year 2025 and raising its guidance for the full year. The retail giant’s results were driven by robust sales growth across its physical and digital channels, supported by value-conscious consumers navigating inflationary pressures. The company reported revenue of

Price is right: Walmart cashes in on value seekers Read More »

4DMedical breathes easy with UCSD Health lung imaging deal

4DMedical (ASX:4DX) has announced a three-year contract with UC San Diego (UCSD) Health, ranked among the top 10 US hospitals for respiratory care. This agreement brings 4DMedical’s innovative lung imaging technology into clinical use at one of the nation’s leading medical centres. 4DMedical’s XV Technology transforms how respiratory function is assessed. Traditional imaging techniques, like

4DMedical breathes easy with UCSD Health lung imaging deal Read More »

Pipes, bridges, and profits: SRG’s $700m haul

SRG Global (ASX:SRG) has secured $700m in contracts across Australia and New Zealand. The company offers diversified infrastructure services, specialising in engineering, construction and maintenance. It delivers critical solutions across the entire asset lifecycle for industries such as water, transport, health, resources and dairy.  The newly announced contracts span multiple sectors and include key repeat

Pipes, bridges, and profits: SRG’s $700m haul Read More »

Rock-solid alliance: Sayona and Piedmont join forces

Sayona Mining (ASX:SYA) and Piedmont Lithium (ASX:PLL) have announced an all-stock merger, and will form North America’s largest producer of hard rock lithium. This deal will see the two companies combine resources, creating a new entity, “MergeCo”, with a 50/50 ownership split immediately following the transaction. The merger aims to simplify corporate structures, improve economics

Rock-solid alliance: Sayona and Piedmont join forces Read More »

Meteoric Resources appoints Stuart Gale as MD and CEO

Meteoric Resources (ASX:MEI), a Perth-based exploration company that focuses on the development of rare earth materials, has announced the appointment of Stuart Gale as its new Managing Director and Chief Executive Officer, effective immediately. Gale, who joined the company in April 2024, steps up from his role as General Manager – Commercial. He succeeds Nick

Meteoric Resources appoints Stuart Gale as MD and CEO Read More »