Star Entertainment [ASX:SGR] Shares Plummet in Latest Gamble
The Star Entertainment Group saw its shares drop heavily today after it completed a $565 million capital raise with institutional investors as the casino operator attempts to shed debt.
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.
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
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.
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…
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.
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.
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.
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.
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.
