Uncategorized

Woodside Energy (ASX:WPL), reported a 29% decline in revenue for the second quarter, amounting to $US3.1 billion (A$4.5 billion). Sales of oil decreased by 4%, with 48.4 million barrels sold, while production experienced a 5% drop to 44.5 million barrels. Woodside’s CEO, Meg O’Neill, noted “Whilst production and sales were lower compared with the first […]

ImpediMed (ASX:IPD) are the first top 5 national payor covering SOZO testing for cancer patients at risk for lymphoedema. In response, CEO and MD Richard Valencia said, ”Cigna’s policy provides access to coverage for all individuals at risk of developing limb lymphoedema without prior authorisation and impacts all 50 states.” Shares are trading 17.57 per

Global hearing health leader, Audeara Ltd (ASX:AUA) announced its impressive financial growth and international expansion in its Q4 FY23 Quarterly Activities Report. The Company, which specialises in innovative listening solutions for people with hearing challenges, achieved record-breaking quarterly revenue and made significant progress in expanding its global presence. Record Quarterly Revenue Audeara reported unaudited quarterly

Australia must accelerate the development of renewable energy generation projects or face a significant increase in electricity prices for households and businesses, according to Guy Debelle, former deputy governor of the Reserve Bank. Speaking at the Clean Energy Summit in Sydney, Debelle emphasised the need for action to meet the nation’s net-zero targets and address

Europe’s ongoing heatwave is fuelling a surge in solar electricity production across the continent, with the combination of increased solar capacity and sunny weather breaking generation records in several countries. According to Ember, solar electricity generation in Europe rose by nearly 11% in the first half of the year compared to the same period in

Ampol Limited (ASX:ALD, NZX:ALD) has reported a strong first half performance for the 2023 financial year, with the completion of successful refinery repairs. The unaudited Group RCOP EBIT for the first half is approximately $575 million, and RCOP EBITDA is approximately $800 million. Key highlights of the first half performance include a 24% increase in

Shares of Lendlease, the renowned property group, tumbled just under 5% following the company’s announcement to cut 10% of its global workforce, with the most significant reductions expected in offshore markets. This unexpected move has raised concerns among investors about future earnings and the impact on the company’s performance. Lendlease has been actively restructuring its

Aurizon (ASX:AZJ), the leading integrated rail provider in Australia, unveiled its progress and growth opportunities during an Investor Day event held in Darwin. The presentation highlighted the company’s strategic execution, business performance, and its potential for expansion in the Bulk and Containerised Freight markets. Aurizon provided insights into its earnings outlook for FY2023 and FY2024.

Renowned gloves maker Ansell (ASX:ANN) has issued another warning about an earnings slowdown, attributing it to a surplus of unsold products resulting from the COVID-19 pandemic. The excess inventory, including gloves and surgical items, has prompted distributors to reduce their orders, impacting Ansell’s business. The oversupply issue has also affected Ansell’s division that manufactures protective gear