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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 […]

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

National Australia Bank (ASX:NAB) has released its full-year financial results for 2024, revealing a statutory net profit of $6.96bn, down 6.1% from the prior year’s $7.41bn. Cash earnings also dropped — by 8.1% to $7.1bn, reflecting a challenging economic environment marked by persistent inflation and rising living costs. Earnings per share (EPS) fell to 227.9

Elementos (ASX:ELT), an exploration and development company focused on strategic minerals, in particular tin, has announced significant assay results from its Cleveland Project in Tasmania, confirming a major zone of high-grade fluorite mineralisation. The findings come from a completed drill hole within the Foleys Zone, located beneath the historic Cleveland Tin Mine. Key assays reveal a

Stocks surged sharply on Wednesday, with major indices reaching all-time highs after Donald Trump won the 2024 presidential election. The Dow Jones Industrial Average soared 1,508.05 points, or 3.57 per cent, closing at a record 43,729.93. This marked the largest one-day point gain for the Dow since November 2022. The S&P 500 also hit a