1 گھنٹے پہلے
Dexus Industria REIT beats FY26 FFO guidance at 17.6 cents per security as buyback target lifts to 5%
An ASX-listed property trust reported FY26 funds from operations of 17.6 cents per security, topping its guidance of 17.4 cents, while distributions were 16.6 cents per security in line with expectations. Net profit fell to $74.4 million from $84.2 million a year earlier, mainly due to lower property valuation gains. Portfolio income rose 5.3% with occupancy at 98.8% and releasing spreads of 21.4%, and the trust said its buyback program has progressed with the target increased from 2.5% to 5%.
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1 گھنٹے پہلے
Novorossiysk port halts grain exports after Ukrainian drone strikes damage three major terminals
Grain exports from Russia’s Black Sea port of Novorossiysk have been suspended after three major terminals were heavily damaged in a Ukrainian drone attack. A loading gallery at United Grain Co.’s Novorossiysk Grain Plant collapsed and several silos were damaged, while Demetra’s terminal also saw damage to its loading gallery and truck unloading facility, people familiar with the matter said. The KSK terminal was also hit. The disruption during the harvest season has raised supply concerns, helping Chicago wheat futures surge as much as 4% for the biggest intraday gain in three weeks.
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2 گھنٹے پہلے
Outlook Therapeutics prices $55.0 million stock-and-warrant offering at $0.99 per share
Outlook Therapeutics said it priced a public offering at $0.99 per share of common stock along with warrants, with the warrants exercisable at $1.10 per share immediately and expiring in five years. The company expects gross proceeds of about $55.0 million, with net proceeds intended for general corporate purposes and to support regulatory approvals for its wet AMD treatment with the FDA, in the EU and with the UK’s MHRA. The underwriters were also granted an option to buy additional securities.
2 گھنٹے پہلے
2 گھنٹے پہلے
Asian stocks climb after softer US core CPI; Kospi jumps 4.48%
US core CPI rose 0.2% month on month and 2.5% year on year, its slowest annual pace since March 2021, tempering expectations for further Federal Reserve rate hikes. Asian markets broadly advanced on Aug. 12, with the MSCI Asia Pacific Index up 0.6%. South Korea’s KOSPI surged 4.48% to lead the region, while Japan’s Nikkei 225 gained 1.83% and the Topix rose 1.01%. Hang Seng futures bucked the trend, slipping 0.87% and signalling caution in that market.
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3 گھنٹے پہلے
Ford to expand U.S. Lincoln production from 2030, phase out China imports
Ford said it will begin producing Lincoln vehicles in the United States from 2030 and gradually stop importing the brand’s models from China. The company put its total tariff-related gross costs in 2025 at about $3 billion, with an approximately $2 billion hit to earnings before interest and taxes. Ford also said it assembled more than 2 million vehicles in the U.S. that year and employs about 56,300 hourly manufacturing workers.
3 گھنٹے پہلے
4 گھنٹے پہلے
CBA shares slip to $172.72 after FY26 results as mortgage applications fall 15% since May
Commonwealth Bank of Australia released its FY26 results, posting sector-leading growth across home lending, business lending, consumer finance, household deposits and business deposits for the first time in 15 years. The bank declared a fully franked final dividend of $2.70 per share, taking FY26 dividends to $5.05 per share, up 4% year on year, with a 77% payout ratio. It also said home loan application volumes have fallen 15% since May, while the shares edged down on the day.
4 گھنٹے پہلے
4 گھنٹے پہلے
Datacentrex posts $1.9 million Q2 2026 revenue, ends June 30, 2026 with $51.9 million cash and no debt
Datacentrex reported second-quarter 2026 revenue of $1.9 million and a positive gross profit, while posting a GAAP net loss of $5.5 million. Net Cash Burn fell to about $61,000, an improvement of about 88% from the first quarter of 2026, bringing the company close to breakeven. As of June 30, 2026, Datacentrex had about $57.9 million in cash and digital assets combined and carried no debt. Adjusted EBITDA loss narrowed to about $1.3 million from about $1.7 million in the first quarter of 2026.
4 گھنٹے پہلے