Financial

Image source: ShutterstockHighlightsASX 200 Down 0.3%:The index fell to 7,905.4 points in early trade on Mondat, pressured by weaker commodity prices.Mining Stocks Decline:Heavyweights BHP, Rio Tinto, and Fortescue dropped up to 1.2% amid falling iron ore and copper prices.Investors Eye Inflation Data:Traders await February …

Image source: ShutterstockHighlightsDowngraded Price Target:Citi lowers Premier Investments' target price to AU$24 from AU$26 but maintains a "neutral" rating.Steep Profit Decline:The company reported a 34% drop in net income for the first half of FY25, with Smiggle sales falling 14.5%.Mixed Retail Performance:While Peter Alexander …

Image source: ShutterstockHighlightsDecline in Sales and Profit: Continuing operations sales fell 1.8% to AU$455 million, while EBIT dropped 16% to AU$129.4 million due to a challenging retail environment.Peter Alexander Expansion: The brand saw a 6.6% sales increase, with new store openings and expansion plans, …