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Utilities

Codan Soars 56% in a Year, Outpacing ASX 200 on Back of Communications Growth

Codan Ltd (ASX:CDA) has emerged as a standout performer on the ASX 200, delivering a stellar 56.76% gain in the past 12 months, closing Wednesday at AU$16.82 per share. This impressive rally places the tech and communications specialist leagues ahead of the broader S&P/ASX …

Team Kalkine | 15 May 2025

Treasury Wine Estates Appoints Sam Fischer as CEO Amid Strategic China Rebound

Australia’s Treasury Wine Estates (ASX:TWE) announced on Thursday that Sam Fischer will take over as chief executive officer in October, succeeding Tim Ford, who is stepping down after a 14-year tenure with the company, including five years in the top role.

Team Kalkine | 15 May 2025

Dyno Nobel Shares Steady Amid Mixed Broker Sentiment on Fertiliser Business Divestment

Shares ofDyno Nobel Ltd (ASX:DNL)remained largely unchanged on Tuesday, edging up 0.2% to AU$2.625 in afternoon trade. The modest rise comes amid broader market gains, although Dyno Nobel stock remains down10.6% year-to-date, including today's movement.

Team Kalkine | 13 May 2025

Abacus Storage King Rejects $1.47 Takeover Bid, Cites Undervaluation and Risks

Abacus Storage King (ASX:ASK)has firmlyrejected a takeover proposalfrom a consortium led byKi Corporation—associated with South African billionaireNathan Kirsh—andNYSE-listed Public Storage, stating the$1.47 per share offer undervalues the companydespite being at a premium to recent trading levels.

Team Kalkine | 13 May 2025

Transurban Unveils Organisational Overhaul to Drive Growth and Efficiency

Transurban (ASX:TCL) has announced a significant organisational restructure aimed at enhancing operational efficiency and supporting the company’s long-term growth agenda. The move follows changes made to the company’s operating model in May 2024 and comes after a detailed workforce review conducted in the months …

Team Kalkine | 08 May 2025

JB Hi-Fi Delivers Solid Q3 FY25 Sales Growth Across All Markets

JB Hi-Fi Limited (ASX:JBH) has posted strong sales figures for the third quarter of financial year 2025 (Q3 FY25), highlighting continued growth across all its business divisions despite ongoing challenges in the retail sector.

Team Kalkine | 07 May 2025

Briscoe Group Reports Q1 Sales Dip Amid Retail Headwinds, Targets $30M First-Half Profit

Briscoe Group Limited (NZX/ASX:BGP) has posted its unaudited sales results for the first quarter of FY25, revealing a modest 2.58% year-on-year decline in overall sales. For the 91-day period ending 27 April 2025, the retailer generated $178.3 million in revenue, down from $183.0 million …

Team Kalkine | 07 May 2025

Corporate Travel Management Slips Despite UBS Upgrade, Caution Over FY26 Outlook

Shares ofCorporate Travel Management Ltd (ASX:CTD)slipped1.3% on Tuesday, reversing early session gains, after a cautious update from UBS tempered optimism around the company’s long-term growth potential.

Team Kalkine | 06 May 2025

Woolworths Shares Surge on Stronger-than-Expected Quarterly Sales

Shares of Woolworths Group Ltd (ASX:WOW) climbed sharply on Thursday after the retail giant reported better-than-expected quarterly sales, reinforcing investor confidence despite emerging competition in the online segment.

Team Kalkine | 01 May 2025

Duxton Farms Expands NT Holdings, Nets $38M from Property Sale in Recent Quarter

Duxton Farms (ASX:DBF)has made a notable stride in reshaping its agricultural portfolio in recent quarter, announcing both a strategic acquisition in the Northern Territory and a significant asset divestment. The company purchased the2,386-hectare NT Portion 8554property for$10.25 million, further consolidating its Northern Territory land …

Team Kalkine | 30 April 2025
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