Charlie Ormond

Shell has announced today that its Australian arm has been affected by the massive MOVEit cybersecurity breach that occurred in June 2023, affecting thousands of companies and dubbed the largest hack of this year.

Myer met its early August guidance for its July 2022–23 financial year with solid earnings growth but experienced a weak start to the 2023–24 financial year as sales fell off in the second half of the year.

Select Harvests shares are up by 9.2% today as the company announced a positive outlook for next year’s crop of almonds for the company. It’s a godsend for Australia’s second-largest almond grower after two years of harsh growing conditions.

Qanas CEO Alan Joyce has stepped down two months early, finishing his 15-year tenure at the top. The decision to leave appears to have been spurred by a series of scandals that have roiled the company in the past few weeks.

Gaming operator SkyCity has seen its share price collapse today after news that it could face suspension of its NZ casinos as regulators respond to a customer complaint alleging failures to identify their gambling addiction as part of its casino host responsibilities.

Magellan Financial Group saw its profits and revenue dive this year but has still been one of ASX’s best performers today, as the company announced a special dividend of 30 cents per share and promised a reset in its priorities.

Orora packaging saw its shares jump today as it reported solid earnings, which hinted at future growth for the sustainable packaging and cans segments of the company. Meanwhile, larger macroeconomic headwinds slowed wine bottle sales and potentially signalled some trouble ahead.

Seek’s earnings report today disappointed investors with shares down by 6.25% this morning as the company’s earnings and profits fell. Meanwhile, its FY24 guidance signalled uncertain times ahead.

JB Hi-Fi reported record sales of $9.63 billion for the 2022–23 financial year but lower profits as the retail sector faces lower consumer spending and uncertainty as interest rates sting costs and households budgets.