29 Aug 2023 – A snapshot of the stocks on the move, featuring Chimeric Therapeutics (ASX:CHM), Apollo Minerals (ASX:AON) and Morella Corporation (ASX:1MC).
Stocks of the Hour: Chimeric Therapeutics, Apollo Minerals, Morella Corporation Read More »
Chimeric Therapeutics (ASX:CHM) announced the successful treatment of the third participant, required to complete the fourth and final planned dose escalation cohort, in the CHM 1101 Phase 1A clinical trial, has been completed at City of Hope. In response, Jennifer Chow, CEO and Managing Director commented, “We look forward to providing an update on the
Stocks of the Hour: Chimeric Therapeutics, Apollo Minerals, Morella Corporation Read More »
Consumer confidence in Australia, as measured by the ANZ-Roy Morgan survey, saw a 2.3-point increase in the past week. Notably, confidence went up in New South Wales, Victoria, and Queensland, while it declined in South Australia and Western Australia. The survey also indicated a 0.3% decrease in weekly inflation expectations, settling at 5.2%. The four-week
ASX up 0.35% at noon: Consumer confidence increases Read More »
Chinese electric vehicle (EV) giant, BYD, announced a remarkable 207% increase in earnings during the first half of this year, propelled by record-breaking production and sales figures. The company’s dominance in the new energy vehicle (NEV) market, including batteries and plug-in electrified vehicles, further solidified its status as China’s leading auto brand. This news holds
BYD reports 207% surge in first half earnings Read More »
Embattled casino group, Star Entertainment (ASX:SGR), has posted a staggering loss of $2.4 billion for the fiscal year ending on June 30, primarily due to substantial write-downs in the value of its casinos exceeding $2 billion. The company informed the ASX that it had devalued The Star Sydney, The Star Gold Coast, and Treasury Brisbane
Star Entertainment reports $2.4 billion loss amid casino value write-downs Read More »
Stocks rose Monday to kick off the final trading week of August, with Wall Street looking to regain ground amid a month of losses. The Dow Jones Industrial Average gained 213.08 points, or 0.62 per cent, to close at 34,559.98. The S&P 500 climbed 0.63 per cent to 4,433.31, and the Nasdaq Composite advanced 0.84
Wall St aims to recover as stocks rise to start final Aug trading week Read More »
29 Aug 2023 – Stocks rose Monday to kick off the final trading week of August, with Wall Street looking to regain ground amid a month of losses.
Wall St aims to recover as stocks rise to start final Aug trading week Read More »
The lack of an explanation for the surprise departure of Fiona Hick, Fortescue Metal’s iron ore CEO, overshadowed the annual results from the world’s number four iron ore group yesterday and saw $3 billion wiped off the company’s value at one stage. Ms. Hick resigned after less than six months in the role and there
Sudden departure of Fortescue’s iron ore CEO triggers speculation Read More »
NextDC (ASX:NXT), a cloud computing-driven data center group, appears to anticipate a potentially unvaried earnings trajectory for the 2023-24 fiscal year, as indicated by the guidance accompanying its strong performance in 2022-23, announced on Monday. The company, which earlier this year unveiled plans to bolster investments in new and existing data centers across Malaysia, New
NextDC forecasts stable earnings Read More »
Ramelius Resources (ASX:RMS), amidst a robust performance in the fiscal year 2022-23 despite industry-wide cost pressures, has increased its annual dividend to 2 cents per share. The move is expected to attract more acceptances from shareholders in Musgrave Minerals, the subject of a takeover bid by Ramelius. The Western Australia-focused mining company extracted approximately 241,000
Ramelius Resources doubles annual dividend Read More »
