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To register for today’s webinar click here. Lendlease (ASX:LLC), a major construction and investment firm, is in the spotlight this week as its annual general meeting concluded. Shareholders heard a cautious outlook for the coming year, with ongoing struggles in the construction arm stemming from pandemic-era projects and rising costs. While the company refrained from […]

ASX (ASX:ASX) filed its defence today in relation to proceedings initiated by the Australian Securities and Investments Commission (ASIC). In mid-August, ASIC claimed in an application to the Federal Court that ASX had misled investors. ASIC alleged that, in February 2022, ASX incorrectly stated that the planned blockchain-based upgrade to the company’s Clearing House Electronic Subregister

Opthea (ASX:OPT), a clinical-stage biopharmaceutical company based in Melbourne, has announced a boost to its cash reserves, receiving a $15.9m research and development (R&D) tax incentive from the Australian Taxation Office. The funding supports Opthea’s development of sozinibercept, an innovative therapy targeting wet age-related macular degeneration (wet AMD), one of the leading causes of severe

Santana Minerals (ASX:SMI) has released its Pre-Feasibility Study (PFS) results for the Bendigo-Ophir Gold Project in New Zealand’s Otago region, showcasing a high-margin, long-life gold development with low capital costs. The study estimates that the project, encompassing both open-pit and underground mining, will yield 1.15 million ounces of gold over a 9.2-year lifespan, with an

Overnight, global markets saw a mixed bag, with US equities mostly lower across the board. Nine of the eleven S&P 500 industry sectors experienced declines, with industrials leading the way. This broad retreat comes as traders reassess the likelihood of a rate cut next month. Federal Reserve Chairman Jerome Powell’s remarks, stressing caution in rate

Greg Boland, Chief Strategy Officer for Tiger Brokers, provides his weekly update. The Trump trade At the close of US equities trading this morning, many of the Trump trade stocks had begun to give back some of the huge price gains they have made in the past week since Donald Trump became President-Elect. The crypto

To register for Friday’s webinar click here. Midway Limited (ASX:MWY) has entered into a binding Scheme Implementation Deed (SID) with RCM BidCo Pty Ltd, an entity controlled by River Capital Pty Ltd, for the acquisition of all Midway shares. Under the proposed scheme, if approved, Midway shareholders will receive $1.19 per share in cash, which

Catapult Group International (ASX:CAT) has announced a robust financial performance for the first half of FY25, ending 30 September 2024. The company’s Annualised Contract Value (ACV), a key measure of recurring revenue, surged by 20% year-on-year to reach US$96.8m, driven by expansion in Catapult’s Performance & Health and Tactics & Coaching verticals. Revenue climbed 19%

Nufarm (ASX:NUF) has announced its full-year financial results for FY24, reporting underlying EBITDA of $313m, which was at the midpoint of guidance despite a 29% decline from the previous year. This performance came as Nufarm navigated competitive pricing pressures and lower revenue in some segments. The company’s net debt dropped by 25% to $635m, and