15h ago
SIS raises Updater Services stake to 8.19% after steady open-market buying
Industry peer SIS has steadily increased its open-market holding in Updater Services to 8.19%. The move comes even as UDS saw FY26 margin compression, with Q3 dipping to 2.7% and net profit falling year on year. UDS has nonetheless generated strong operating and free cash flow, and posted a three-year profit CAGR of 35.3%. The accumulation has drawn attention because a competitor may be signaling it sees signs of a bottoming in profitability.
15h ago
17h ago
Aurelia Metals posts FY26 net profit up 69% and declares 1.0 cent fully franked final dividend
Aurelia Metals reported FY26 net profit after tax up 69% year on year to $82.7 million, as revenue rose 40% to $480.2 million and EBITDA increased 55% to $189.2 million, lifting its EBITDA margin to 39.4%. Operating cash flow grew 10% to $142.8 million, while the company ended the year with no drawn debt and a cash balance of $143.9 million. Group gold output reached 50.4 thousand ounces, exceeding revised guidance, and the board declared a fully franked final dividend of 1.0 cent per share.
17h ago
17h ago
HP reports fiscal Q3 net profit of $661 million and raises full-year EPS outlook to $3.19-$3.29
HP Inc. reported fiscal third-quarter net profit of $661 million, or 71 cents per share. Adjusted earnings were 83 cents per share, topping the 75 cents per share analysts surveyed by Zacks Investment Research had expected. Revenue came in at $15.68 billion, also above the $14.85 billion forecast. HP projected fourth-quarter earnings per share of 69 cents to 79 cents and lifted its full-year EPS outlook to $3.19 to $3.29.
17h ago
17h ago
Magellan Financial Group reports FY26 results and plans rebrand to Barrenjoey
Magellan Financial Group reported FY26 pro forma group revenue of $778 million and net profit after tax of $146 million, while MFG’s net profit after tax fell 47% to $88 million. The group declared a fully franked final dividend of 25.5 cents per share. Total assets under management declined 7% year on year to $36.7 billion, driven mainly by ongoing outflows from heritage Global Equities funds. The company said it intends to rename itself Barrenjoey Group Limited, subject to shareholder approval.
17h ago
17h ago
U.S. stock index futures climb as Nvidia, Salesforce and Okta earnings lift sentiment
U.S. stock index futures rose on Wednesday evening after earnings from Nvidia, Salesforce and Okta came in stronger than expected. Nvidia gained more than 4% after beating Q2 estimates and issuing upbeat guidance, while Salesforce jumped 13% on a revenue beat and Okta surged nearly 20% on demand tied to agentic AI. Dow, Nasdaq 100 and S&P 500 futures were up 0.35%, 0.96% and 0.54%, respectively. Spot indexes ended slightly lower as investors looked ahead to the Jackson Hole meeting and upcoming results from retailers and tech firms.
17h ago