Uncategorized

SG Fleet Group (ASX:SGF) has received a non-binding, indicative proposal from Pacific Equity Partners (PEP) to acquire all outstanding shares in the company at $3.50 per share. The offer represents a potential premium for shareholders, though specific figures have not been disclosed. Shares in SGF are up 23.22% at $3.29 on the back of the […]

Novonix (ASX:NVX) has secured a binding agreement with Volkswagen subsidiary PowerCo SE to supply a minimum of 32,000 tonnes of high-performance synthetic graphite from 2027 to 2031. The deal strengthens Novonix’s position as a significant player in the North American battery supply chain. Novonix develops and produces materials and technologies for lithium-ion batteries, focusing on

US markets closed higher on Friday, with the Dow Jones Industrial Average hitting a new all-time high, closing at 44,296.51. The S&P 500 also saw its fifth straight positive session, finishing at 5,969.34.  However, gains were somewhat tempered by slides in tech giants Nvidia and Alphabet.  Looking at sector performance, energy stocks experienced a significant

Nvidia (NASDAQ: NVDA) posted its third-quarter results for FY2025 after market close on Wednesday, surpassing analysts’ expectations across key metrics. However, despite the strong performance, the company’s stock price has fallen since then, reflecting investor unease over its Q4 guidance and rising costs. Shares are trading 3.22% lower at US$141.95 as of the time of

UPS (NYSE: UPS) agreed on Friday to pay US$45m to settle allegations by the US Securities and Exchange Commission (SEC) that it improperly valued its freight business, leading to misrepresented financial results in 2019 and 2020. The SEC claims the Atlanta-based courier failed to follow generally accepted accounting principles (GAAP), significantly overstating the value of

Northvolt, the Swedish battery maker once hailed as a cornerstone of Europe’s electric vehicle (EV) battery production, filed for Chapter 11 bankruptcy protection in the United States on Thursday, marking a significant setback for the continent’s green transition. The move prompted the resignation of co-founder and CEO Peter Carlsson on Friday. Carlsson will remain on

WiseTech Global (ASX:WTC) has adjusted its FY25 guidance, lowering its revenue and EBITDA expectations following leadership changes and a delay in launching a key product. The company now forecasts revenue of $1.2bn to $1.3bn, representing 15–25% growth from FY24, down from earlier projections. EBITDA is expected to range between $600m and $660m , reflecting 21–33%

Oceania Healthcare (ASX:OCA), a leading provider of aged care and retirement living services in New Zealand, operating 46 sites across the country, has announced its half-year financial results for the six months ending 30 September 2024. The company reported a net loss of $17.1m, a stark contrast with a $35.2m profit in the same period last

The a2 Milk Company (ASX:A2M) has revised its FY25 revenue guidance upward and introduced its first dividend policy, marking a milestone in the company’s history.  Year-to-date trading has exceeded expectations, driven by higher external ingredient sales at the company’s MVM facility. This performance was attributed to elevated Global Dairy Trade prices, currency fluctuations, and a favorable

Roger Baxter – Executive Chairman – Southern Palladium (ASX:SPD) holds a 70% interest in the Bengwenyama palladium/rhodium PGM project on the Eastern limb of South Africa’s Bushveld.