Shares in ResMed Inc. experienced a significant surge, rising 5.2 per cent in morning trade following the release of its December quarter results. According to Citi analyst Laura Sutcliffe, the company’s performance modestly exceeded consensus estimates for both revenue and earnings. ResMed is a global leader in manufacturing and distributing medical equipment for respiratory disorders […]
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United States President Donald Trump has stated that he will announce his nominee to succeed Jerome Powell as Chair of the Federal Reserve on Friday morning, Eastern Standard Time. This corresponds to Saturday in the Australian Eastern Daylight Time zone. The President made the announcement at the Kennedy Centre on Thursday, US time, heightening anticipation
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Nine Entertainment Co. has announced its acquisition of outdoor advertising company QMS for $850 million, signalling a strategic shift away from traditional media assets. The publishing and broadcasting giant said the transactions, which include offloading regional television stations to WIN, are aimed at creating a higher growth business. This move reflects a broader trend in
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4DMedical has announced the commercial launch of its CT:VQ lung imaging technology at the University of Chicago Medicine. This follows an expanded agreement that will see the technology integrated into clinical workflows within the Interventional Pulmonology and Advanced Diagnostics programs at UChicago Medicine. 4DMedical is a medical technology company aiming to deliver the new gold
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The Australian sharemarket is on track to record its most substantial monthly gain since August, driven by a surge in energy stocks. This positive momentum follows a rise in oil prices, which have surpassed US$70 per barrel amid growing geopolitical tensions. Early trading on Friday saw the S&P/ASX 200 Index climb 23.20 points, a 0.3
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