Month: December 2024

Pursuing high yields with AI investment

[ad_1] demand (ASX:SEK)the leading online employment marketplace, held its 2024 Annual General Meeting today. The company announced its 2025 guidance and trading update, highlighting its focus on the Asia Pacific (APAC) region. This strategic focus follows the sale of Latin…

Pipes, bridges and profits: SRG’s $700 million in revenue.

[ad_1] SRG Global (ASX:SRG) It has won $700 million in contracts across Australia and New Zealand. The company provides a variety of infrastructure services specializing in engineering, construction and maintenance. We deliver critical solutions across the asset lifecycle for industries…

Technologies

Praemium acquires British software provider

[ad_1] In a statement to the ASX, Praemium said the acquisition of Plum would “significantly enhance” the value and effectiveness of Praemium’s overall financial planning and investment suite. “The addition of the Plum business, with its well-established customer base, will…

Technologies

IRESS signs software deal with CBA

[ad_1] Under the new agreement, wealth management licensees at Commonwealth Financial Planning, Bankwest Financial Advice and Financial Wisdom will move to the Xplan financial planning solution. The software is already being used in the business and private banking operations of…

The price is right: Walmart profits from people looking for value.

[ad_1] Walmart (NYSE: WMT) delivered another strong quarterly performance, beating expectations for the third quarter of fiscal 2025 and raising its full-year outlook. The retail giant’s performance was driven by strong sales growth across physical and digital channels, supported by…

European markets shaken by President Putin’s nuclear warning

[ad_1] European stocks fell on Tuesday as geopolitical tensions rose after President Vladimir Putin amended Russia’s nuclear doctrine in response to Ukraine’s use of U.S.-made long-range missiles. The STOXX Europe 600 index fell 0.5% to its lowest point in three…

Emeco’s FY25 forecast of $300 million

[ad_1] Emeco Holdings (ASX:EHL)The company, which provides equipment rental and maintenance services to the mining sector, has published a trading update and earnings guidance for its 2025 financial year ending 30 June. The company expects operating EBITDA to exceed $300…

Markets

Oil prices affect the mortgage market

[ad_1] Speaking of InvestorDaily title sister Mortgage businessDr Oliver said if the price of oil continued to fall, global growth continued to remain flat, expectations of US interest rate hikes continued to be pushed back and expectations of cuts in…

9 out of 10 investment managers are adopting or planning to integrate AI

[ad_1] A new report published by Mercer revealed that 91 percent of investment managers in its Global Investment Manager Database currently use (54 percent) or plan to use (37 percent) AI within their investment strategy or asset class research. Mercer…

Nick Scali’s profits are unstable due to shipping setbacks

[ad_1] Nick Scali (ASX:NCK)is Australia and New Zealand’s leading furniture retailer specializing in premium and stylish furniture. An operational issue at one of the company’s carriers and customs brokers has reportedly caused significant disruption to the supply chain and is…