Shares of Xero Ltd (ASX: XRO) recovered on Thursday, reversing early session losses to end higher after investors digested the company’s FY25 earnings results and forward guidance. While the initial market reaction was negative due to underwhelming earnings and expense guidance, sentiment shifted as …

Australian online travel agency Webjet Group (ASX: WJL) has turned down a A$314 million (US$201 million) acquisition bid from private equity firm BGH Capital, citing that the proposal significantly undervalues the company. The offer, made public on Friday, proposed a price of A$0.80 per …

Shares of Appen Ltd (ASX: APX) jumped 18% to A$1.45 on Friday morning following the company’s annual general meeting, where it provided updated financial guidance and longer-term growth targets. The rise reflects investor response to a more optimistic near-term and strategic outlook, particularly around …

Empire Energy Group Ltd (ASX: EEG) has secured $27.75 million in funding through a placement of 173.4 million new shares to institutional and sophisticated investors, priced at $0.16 per share. The discounted placement price represents a 22% markdown from the company's last traded share …