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Charlie Ormond

Pro Medicus [ASX:PME] Shares Jump After Signing 10-year Contract

Pro Medicus [ASX:PME] Shares Jump After Signing 10-year Contract

Pro Medicus, a healthcare informatics company, has signed a $140 million contract with Baylor Scott & White Health, a US not-for-profit organisation, to supply its Visage 7 cloud-based diagnostic imaging platform.

By Charlie Ormond, Tuesday, 26 September 2023

Qantas [ASX:QAN] Signals Cost Blowout

Qantas [ASX:QAN] Signals Cost Blowout

Qantas begins a spending campaign to restore customer relations, and signals heightened costs from rising fuel prices in what looks to be an expensive few years for the airline

By Charlie Ormond, Monday, 25 September 2023

Costa Group [ASX:CGC] Agrees to Lower Price in Takeover Bid

Costa Group [ASX:CGC] Agrees to Lower Price in Takeover Bid

The board of Costa Group, Australia’s largest fruit and vegetable company, has agreed to a revised takeover bid by a consortium led by Paine Schwartz Partners. The deal will be a welcome relief to shareholders concerned about recent poor performance souring the deal.

By Charlie Ormond, Friday, 22 September 2023

What Are the Bulls Expecting From Tech?

What Are the Bulls Expecting From Tech?

We have a special essay today from our analyst Charlie Ormond. As tech stocks remain a huge force in the Wall St rallies, we explore some of the hopes that the bulls hold for the AI-linked tech and how ’higher for longer’ interest rates could impact that. Read on…

By Charlie Ormond, Thursday, 21 September 2023

Shell Admits Australian Unit Hit by Largest Hack of 2023

Shell Admits Australian Unit Hit by Largest Hack of 2023

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.

By Charlie Ormond, Friday, 15 September 2023

Myer [ASX:MYR] Sees Sales Soften

Myer [ASX:MYR] Sees Sales Soften

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.

By Charlie Ormond, Thursday, 14 September 2023

Select Harvest’s [ASX:SHV] Shares Rise as Future Looks Bright

Select Harvest’s [ASX:SHV] Shares Rise as Future Looks Bright

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.

By Charlie Ormond, Tuesday, 12 September 2023

Qantas [ASX:QAN] Shares Face Turbulence as CEO Steps Down Early

Qantas [ASX:QAN] Shares Face Turbulence as CEO Steps Down Early

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.

By Charlie Ormond, Tuesday, 05 September 2023

SkyCity [ASX:SKC] Shares Plunge as Casino Licence Faces Suspension

SkyCity [ASX:SKC] Shares Plunge as Casino Licence Faces Suspension

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.

By Charlie Ormond, Monday, 04 September 2023

Magellan [ASX:MFG] Profits Half But Shares Surge Double Digits

Magellan [ASX:MFG] Profits Half But Shares Surge Double Digits

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.

By Charlie Ormond, Friday, 18 August 2023

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