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TLS News5 articles
ASX 200 Rallies on Weak Jobs Data, Miners and Reits Lead
Australian shares rallied Thursday as soft jobs data reduced rate hike odds, with the ASX 200 climbing 1.47% led by miners and real estate.
Telstra Retreats After Earnings Surge, Boosts Buyback to A$1.25B
Telstra Group shares declined 0.6% to A$5.11 Friday, giving back some of Thursday's post-earnings surge. The company expanded its share repurchase program to A$1.25 billion and tightened its full-year earnings forecast.
Wesfarmers Shares Slide Despite Profit Beat as Consumer Spending Concerns Mount
Wesfarmers shares tumbled over 5% despite reporting a half-year profit beat, as management flagged patchy consumer spending and upcoming price investments, overshadowing solid financial results.
Telstra Surges on Enhanced Shareholder Returns and Solid Earnings
Telstra shares climbed 3.8% after the telecom giant increased its share buyback program to A$1.25 billion and raised its interim dividend. The company reported a first-half profit of A$1.124 billion on A$11.64 billion in revenue.
Telstra Shares Dip Amid Spectrum Fee Dispute Ahead of Earnings
Telstra shares edged lower as the telecom giant pushes for a cap on spectrum renewal costs, challenging regulator proposals ahead of its half-year results.