SGH backs FY26 outlook as Crux LNG targets 2027 gas
SGH (ASX:SGH) has reaffirmed its financial year 2026 guidance, forecasting low- to mid-single-digit EBIT growth.
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SGH (ASX:SGH) has reaffirmed its financial year 2026 guidance, forecasting low- to mid-single-digit EBIT growth.
IPD Group (ASX:IPG) has issued a positive earnings update for the financial year ending June 30, driven by trading performance and strategic acquisitions.
Arafura Rare Earths (ASX:ARU) has greenlit the development of the Nolans Rare Earths Project in the Northern Territory.
Australian Agricultural Company (ASX:AAC) has delivered a stellar FY26 financial performance, headlined by an operating profit of $71.6 million.
AFT Pharmaceuticals (ASX:AFP) posted a 22% rise in full-year operating revenue, reaching NZ$254.7 million, up from NZ$208 million in FY25.
Turners Automotive Group (ASX:TRA) reported a normalised net profit before tax of NZ$63.2 million to March 31.
Tower (ASX:TWR) delivered an underlying net profit after tax of NZ$36.8 million and a profit of NZ$22.9 million in the half year to March 31.
Close the Loop (ASX:CLG) announced the sale of its Dallas-based subsidiary, ISP Tek Services, to Ivy Technology.
Westpac (ASX:WBC) has warned mortgage brokers that existing investor pre-approvals face mandatory reassessments.
Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of tuition, as his company announces a deal with Ares Management to but $910M in student housing properties. Bronstein, joined by Bloomberg's Norah Mulinda, said that his investment is aimed at providing a wide net of locations and price points in the student housing market.
SpaceX filed publicly for its initial public offering, moving Elon Musk's rocket, satellite and artificial intelligence company a step closer to delivering the world's biggest-ever debut. Anthony Hughes, Bloomberg News Equity Capital Markets Reporter joins to discuss.
Elon Musk's SpaceX has filed papers to go public on the Nasdaq under the symbol SPCX. SpaceX is targeting as much as $75 billion in its listing at a valuation of more than $2 trillion, people familiar with the matter have said. Ed Ludlow reports on "Bloomberg The Close."
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