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EWA News26 articles
Fitch Affirms NAB's AA- Rating as Asset Quality Strengthens
Fitch Ratings maintained National Australia Bank's AA- credit rating, highlighting a reduction in non-performing loans and solid quarterly cash earnings. The bank will report half-year financial results on May 4.
Ampol Dividend Deadline Looms Amid Refining, Regulatory Pressures
Ampol shares will trade ex-dividend on March 6 for a fully franked 60-cent final dividend, with payment set for April 2. Investors weigh this income against falling refinery margins and an ongoing competition review of its proposed EG Australia takeover.
PLS Group's Gender Pay Gap Widens Amid Corporate Restructuring
PLS Group's median gender pay gap in Australia increased to 15.2% from 11.1% the previous year, which the company attributes to corporate layoffs and a processing plant being placed into care and maintenance.
NAB Reports Surge in Mortgage Offset Usage Amid Rate Uncertainty
National Australia Bank reports a significant increase in offset account adoption, with 75% of mortgage customers now utilizing them. The trend intensifies as households brace for potential interest rate hikes.
Whitehaven Coal Defies ASX Downturn with Share Buyback Momentum
Whitehaven Coal gained 1.8% to A$8.34, outperforming the ASX 200's 1.9% drop, as its share buyback program continued. Market focus shifts to China's policy session and further buyback updates.
Telstra Retreats Amid ASX Sell-Off, RBA Rate Fears Loom
Telstra Group shares declined alongside a broader market sell-off driven by geopolitical tensions and interest rate concerns. The telecom's dividend reinvestment plan pricing window is active, with a cash payment scheduled for late March.
Westpac Drops as RBA Hints at March Hike, Strong GDP Fuels Rate Fears
Westpac Banking Corp shares declined 1.9% to A$40.99 after the Reserve Bank of Australia signaled a potential March interest rate increase. The drop followed stronger-than-expected GDP data for the December quarter, which heightened market concerns about persistent inflation.
DroneShield Gains on Defense Contracts Amid Geopolitical Tensions
DroneShield Limited closed up 6.9% at A$3.87 in Sydney trading, buoyed by A$21.7 million in new contracts and heightened investor focus on defense assets amid renewed Middle East instability.
Australian Banks Slip as Oil Spike Sparks Inflation Fears; GDP Data Awaited
Westpac shares fell 1.74% amid a broad selloff in Australian bank stocks, driven by a nearly 10% surge in Brent crude following Middle East tensions. The ASX 200 closed flat at a record high.
WiseTech Global Shares Drop Ahead of Key Earnings Report
WiseTech Global shares declined 3.8% to A$47.10 in Sydney trading as markets positioned for the company's upcoming half-year earnings report on February 25.
Macquarie Shares Dip Following $1.25 Billion Capital Raise Amid Market Caution
Macquarie Group shares declined 1.6% to A$219.39 on Friday following a A$1.25 billion subordinated notes issuance. The broader S&P/ASX 200 edged lower by 0.05% as financials weakened amid geopolitical and liquidity worries.
NAB Shares Hold Gains After Strong Q1; Brokers Raise Targets Amid Valuation Concerns
National Australia Bank shares held near recent highs after reporting a 15% rise in first-quarter cash earnings. While several brokers increased their price targets, Morningstar warned the stock is 'materially overvalued.'
Macquarie Gains as ASX 200 Hits Record; Eyes on Inflation and Earnings
Macquarie Group advanced alongside a record-setting ASX 200. Market focus shifts to upcoming inflation figures and the company's annual financial report.
NAB Shares Hit Record High on Strong Q1 Earnings, Capital in Focus
National Australia Bank shares reached a new all-time high following a robust first-quarter update showing a 15% rise in cash earnings. Attention now shifts to capital management and the upcoming half-year results.
Wesfarmers Gains Ahead of Key Half-Year Report
Wesfarmers Ltd edged higher ahead of its half-year financial report, with the market focused on retail performance and forward outlook. The broader ASX 200 index also advanced.
NAB Shares Surge to Record High on Strong Q1 Earnings, Capital Levels in Focus
National Australia Bank shares climbed 4% to a record close after posting robust first-quarter results, though a dip in its capital ratio has drawn market attention.
Aristocrat Leisure Shares Hold Steady Ahead of Annual Meeting
Aristocrat Leisure shares edged up 0.04% to A$49.53 in Sydney trading, with investors awaiting management commentary at Thursday's annual meeting following recent volatility.
Woolworths Shares Flat Ahead of Earnings, Regulatory Scrutiny Intensifies
Woolworths Group shares closed unchanged at A$31.96, with investor focus shifting to upcoming earnings and a potential regulatory lawsuit over discounting practices. The S&P/ASX 200 rose 0.24%.
Sembcorp Industries Shares Hold Steady Ahead of FY2025 Earnings, Alinta Acquisition in Focus
Sembcorp Industries shares traded flat at S$6.10 as investors await the company's FY2025 results on February 25. Market attention remains fixed on the pending A$6.5 billion acquisition of Australia's Alinta Energy.
DroneShield Stock Surges on Key Executive Appointment Ahead of Financial Results
DroneShield shares climbed 7.3% following the appointment of former Thales Australia executive Michael Powell as Chief Operating Officer. Investors now await the company's FY2025 results, scheduled for release on February 19.
Wesfarmers Gains Ahead of Earnings as Consumer Sentiment Weakens
Wesfarmers shares rose 1.23% on Tuesday, outperforming a flat ASX 200, as investors await half-year results on February 19 for insights into retail demand amid softer consumer confidence.
NAB Shares Steady Ahead of Quarterly Update Amid Shifting Rate Expectations
National Australia Bank shares closed flat at A$43.98 in a volatile session as investors await next week's trading update. The bank will raise variable home loan rates following the RBA's latest hike.
DroneShield Shares Recover 8.6% Amid Broad Market Rebound
DroneShield Limited's stock climbed 8.6% to A$3.15 on Monday, recovering alongside the ASX 200 after a sharp Friday decline. Investors now await the company's annual report due February 24.
Xero Shares Recover with Tech Rally on ASX, Eyes on May Results
Xero shares rose 1.2% to A$82.74, joining a broader tech rebound as the ASX 200 gained 1.9%. The stock remains down approximately 12% since late January.
Westpac Shares Climb to $40 Amid ASX Rally Ahead of Key Quarterly Report
Westpac shares rose 1.47% to A$40.01 as the ASX 200 gained 1.85%. Investors await the bank's quarterly update on February 13, focusing on net interest margins and credit quality.
Reliance Industries Faces Dual Catalysts: Russian Crude Shift and Australian Acquisition
Reliance Industries shares are poised for attention as reports indicate Indian refiners are avoiding new Russian crude contracts, while its consumer arm secures a majority stake in Australia's Goodness Group.