＜ASX Spectator＞

Australia’s Santos (ASX:STO) announced Thursday that it has received the Federal court’s permission to appeal against the National Native Title Tribunal’s determination concerning certain petroleum production lease grants at it... Read more: asxspectator.com/2024/03/08/cou… #ASXSpectator

Australia’s corporate regulator issued an infringement notice and penalty to ASX (ASX:ASX), marking the first such incident for the market operator in the country. ASX paid a penalty of A$1.1 million ($721,930) following an inv... Read more: asxspectator.com/2024/03/08/aus… #ASXSpectator

Analysts at Jefferies have expressed an increasingly cautious stance on consumer discretionary retail companies in Australia based on rising valuations. The brokerage highlights that the market is eyeing a potential monetary pi... Read more: asxspectator.com/2024/03/08/jef… #ASXSpectator

Wall Street followed the uptrend of global shares on Wednesday with the key U.S. Treasury yield seeing decline for a month-low. This comes as Federal Reserve Chair Jerome Powell reassures investors, expressing that despite infl... Read more: asxspectator.com/2024/03/08/asi… #ASXSpectator

Among today’s notable merger and acquisition deals, one of Boeing’s biggest clients, the Dubai carrier Emirates, has professed its support for a prospective Boeing takeover of Spirit AeroSystems. This move, it is suggested, wou... Read more: asxspectator.com/2024/03/07/tod… #ASXSpectator

Shares of Australian Ethical Investment (ASX:AEF) saw a significant increase following the release of their upbeat half-year results. The shares rose as much as 6.9% to A$5.240 marking their highest level since February 12. The... Read more: asxspectator.com/2024/02/23/aus… #ASXSpectator

Shares of WAM Research (ASX:WAX) have ascended to a 4.5 month high, rising by up to 3.1% to hit an A$1.15 peak, their highest since October 2, 2023. The brokerage services company posted its half-year net profit from ordinary a... Read more: asxspectator.com/2024/02/23/wam… #ASXSpectator

Woodside Energy (ASX:WDS) has secured a deal to offload a 15.1% stake in its Scarborough project to Japanese liquefied natural gas buyer JERA, at a projected value of $1.4 billion. The announcement was made by the Australian pe... Read more: asxspectator.com/2024/02/23/woo… #ASXSpectator

Corporate earnings for Australia and New Zealand, including notables such as Helia Group (ASX:HLI), are queued up for release in the upcoming week. Among the companies on the slate, Helia Group’s Full Year 2023 earnings release... Read more: asxspectator.com/2024/02/23/hel… #ASXSpectator

On Friday, Australian shares experienced a rise, moving in sync with a broader rally in global peers. This was in part driven by positive performances in domestic technology stocks and financials which counterbalanced commodity... Read more: asxspectator.com/2024/02/23/aus… #ASXSpectator

Shares of life sciences firm Invion (ASX:IVX) experienced an intraday surge of as much as 25% to reach A$0.005. This was the company’s most significant intraday percentage gain since January 20. The hike in stock value was spur... Read more: asxspectator.com/2024/02/23/inv… #ASXSpectator

Woodside Energy Group plans to sell a 15.1% non-operating participating interest in its Scarborough project to JERA, a Japanese liquefied natural gas (LNG) buyer, for approximately $1.4 billion. The estimated monetary value is ... Read more: asxspectator.com/2024/02/23/woo… #ASXSpectator

The share price of Dusk Group (ASX:DSK) has slid as much as 8.6% to A$0.900, reaching its lowest point since December 1. The considerable downturn has followed unimpressive results from the home fragrance products manufacturer’... Read more: asxspectator.com/2024/02/23/dus… #ASXSpectator

Conrad Asia Energy (ASX:CRD) has been granted approval for the Mako gas price and allocation by the Indonesian Minister of Energy and Natural Resources. This consent covers the gas price and volume allocation for the Mako Field... Read more: asxspectator.com/2024/02/23/con… #ASXSpectator

Jumbo Interactive (ASX:JIN) anticipates an underlying EBITDA margin in the range of 48% to 50% for the group’s financial year 2024. The company also confirmed the outlook for FY24. Future projections suggest the underlying oper... Read more: asxspectator.com/2024/02/23/jum… #ASXSpectator

Sandfire Resources (ASX:SFR) recently reported a half-year underlying loss of $36.6 million, which is significantly higher than the previous year’s loss of $19.4 million. The company’s revenue from ordinary activities was sligh... Read more: asxspectator.com/2024/02/23/san… #ASXSpectator

Shares of Accent Group (ASX:AX1) plunged as much as 8.6% to A$2.010, potentially its worst performance since November 17, 2023, if the downward trend persists. The footwear distributor unveiled that its profit after income tax ... Read more: asxspectator.com/2024/02/23/acc… #ASXSpectator

Shares of Austal are shown to fall by nearly 14.4% to A$1.910, reflecting a likelihood of their worst performing day since July 26 if the trend continues. The international shipbuilder and defense prime contractor recently repo... Read more: asxspectator.com/2024/02/23/aus… #ASXSpectator

Suffering a fall as significant as 7.7% to A$0.120, Global Uranium and Enrichment (ASX:GUE) is facing its worst day since February 13, if the loss persists. The company, which specializes in uranium exploration, has announced a... Read more: asxspectator.com/2024/02/23/sha… #ASXSpectator

Analysts at Citi have increased their earnings estimate and price target for Australian fashion retailer Universal Store Holdings (ASX:UNI) based on better-than-expected sales predictions and robust cost management. The brokera... Read more: asxspectator.com/2024/02/23/cit… #ASXSpectator