Search Results For ''

  • Lumos completes phase 1 of developing premature birth detection test

    A recent report revealed that, in the US, the rate of babies being born prematurely has been rising. Between 2014 and 2022, premature births grew 12% to 8.7%. This paints a concerning picture for mothers and infants who face great risk.  To address this, point-of-care diagnostic technologies Lumos Diagnostics (ASX: LDX) has been working on

    Read More
    Public
  • Weakening economy leads RV dealer thl to reduce profit guidance by $20m

    Rising inflation and lowered spending capacity are coming for the recreational vehicles (RVs) industry as fewer people seek out campervans and motorhomes.  Following a review of all its divisions, New Zealand-based tourism company Tourism Holdings (ASX: THL) has lowered its net profit after tax (NPAT) guidance for FY24. It expects NPAT to be between $45.5

    Read More
    Public
  • US shares continue to rise, XJO to be dragged higher

    The XJO is expected to rally on open this morning following a strong move higher in the U.S on Friday. Their futures are also in the green. Tech rallied, Apple announced a buy-back, and employment data was slightly softer than expected – all things their market needed to run higher. This will flow into our

    Read More
    Public
  • Count’s $45.3m Diverger acquisition to bring in more cost benefits than expected

    Since acquiring Diverger, a major player in Australia’s financial services landscape, accounting and wealth services provider Count (ASX: CUP) has been recording major cost synergy benefits.  The Company has noted that annualised expected cost savings from the integrated wealth management business have been upgraded to about $4 million. This will be achieved in FY25. The

    Read More
    Public
  • Middle Eastern government agency places largest Senetas order for encryption tech

    A prominent Middle Eastern government agency is particularly keen to safeguard its data, engaging cybersecurity tech company Senetas (ASX: SEN) for what will be its largest order for encryptors ever.  The order for 100 Senetas encryptors comes via distribution giant Thales which has been working with Senetas. It is anticipated to inject between $2.5 to

    Read More
    Public
  • US shares start to rebound following FED, Futures boosted by Apple

    The XJO is expected to edge higher on open this morning following a meek recovery in the U.S overnight. Their futures are strongly in the green this morning, though led by tech, which is not well represented in our market. We should open near the highs of yesterday, and with positive U.S futures, should continue

    Read More
    Public