Australian Travel Stocks Decline Amid Consumer Demand Concerns

Shares of Australian travel-related companies saw a significant decline as investor sentiment turned cautious over concerns about weakening consumer demand and a possible economic slowdown. The downward trend follows U.S. carrier Delta Air Lines' latest earnings outlook, which suggested a potential cooling in travel …

Team Kalkine | 12 Mar 2025| Read Time : 10 Mins

Rio Tinto Shares Slide Amid Market Sell-Off Despite Iron Ore Price Uptick

Rio Tinto Ltd (ASX:RIO) shares are facing continued pressure, reflecting the broader market sell-off. Despite a modest increase in the iron ore price to US$100.45 per tonne, the mining giant’s shares have dropped 1.8% in Wednesday’s late morning trade to AU$117.14, down from yesterday’s …

Team Kalkine | 12 Mar 2025| Read Time : 10 Mins

Telix Pharmaceuticals Shares Slip Despite Major Pipeline Expansion

Shares of Telix Pharmaceuticals Ltd (ASX:TLX) dipped 0.5% to AU$26.47 in Wednesday morning trade, following a broader market decline. The S&P/ASX 200 Index (ASX: XJO) was down 0.9% at the same time. Despite the slight pullback, Telix shares remain up 136% over the past …

Team Kalkine | 12 Mar 2025| Read Time : 10 Mins

Morgan Stanley Raises Coles Price Target, Here’s Why.

Analysts at Morgan Stanley have raised their price target for Coles Group Ltd (ASX:COL) to AU$21.70, up from AU$18.40, while upgrading the stock rating to "overweight" from "equal-weight". The brokerage praised the supermarket giant’s robust top-line growth, supply chain efficiency, and its growing edge …

Team Kalkine | 12 Mar 2025| Read Time : 10 Mins

IPH Shares Drop 3.2% Amid CFO Resignation Announcement

Shares of Australian intellectual property services provider IPH Ltd (ASX:IPH) took a significant hit on Tuesday following the resignation announcement of its long-serving Chief Financial Officer (CFO) John Wadley. The stock fell 3.2% to AU$4.55, marking its lowest level since early July 2018 and …

Team Kalkine | 12 Mar 2025| Read Time : 10 Mins

Tyro Payments’ (ASX:TYR) Profit Doubles in 1HFY25, New Terminal Launch to Boost Service in 2HFY25

Tyro Payments Limited (ASX:TYR) is an ASX-listed technology-driven company that provides payment solutions and business banking products. In the half-year ended 31 December 2024 (1HFY25), Tyro’s normalised revenue rose by 4.7% YoY to AUD 248.3 million, driven by increased adoption of its integrated banking …

Team Kalkine | 11 Mar 2025| Read Time : 10 Mins

Tasmea (ASX: TEA) Posts 77% NPAT Growth in 1HFY25, Raises FY25 NPAT Guidance

Tasmea Limited (ASX:TEA) is an ASX-listed company that offers maintenance, engineering, and project services. The company has reported 27.6% year-on-year surge in revenue to AUD 246.65 million in the six-month period ended 31 December 2024 (1HFY25), compared to AUD 193.32 million in 1HFY24. This …

Team Kalkine | 10 Mar 2025| Read Time : 10 Mins