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Aussie Broadband shares drop 4% after FY26 results despite EBITDA growth
Revenue rose 9.2% to AUD 1.30 billion while underlying EBITDA climbed 20% to AUD 165.3 million, but shares fell on margin concerns and regulatory headwinds. FY27 EBITDA guidance set at AUD 205-215 million.
Kogan FY26 presentation: $1B sales milestone, stock falls 15%
Finance Review Daily is tracking this developing story; additional confirmed specifics had not been verified at the time of publication.
hipages FY26 results show 66% cash flow surge, AI tools drive growth
Revenue rose 9% to $90.6m as the Australian home services platform expanded margins and free cash flow. AI-driven quoting tools boosted job conversion rates by 144%.
Hipages FY26 results: AI push lifts free cash flow 66%, stock jumps 4.3%
Australia’s home improvement platform reports record EBITDA margins and 9% revenue growth as AI tools drive customer retention and pricing power. FY27 guidance targets $11-13m in free cash flow.
Stanmore reports 18% EBITDA rise in H1 2026 on higher coal prices
Underlying earnings before interest, taxes, depreciation and amortisation climbed to $174 million as strong coking coal prices offset cost pressures. Full-year guidance maintained.
U.S. to unveil sweeping sanctions on Iran as tensions escalate
Treasury Secretary Scott Bessent warns of a 'global pariah' designation for allies of Tehran. Iranian official vows oil exports will halt if economic pressure persists.
U.S. Treasury announces sweeping sanctions against Iran amid oil export threat
Washington prepares 'economic D-Day' targeting Tehran's financial networks, as Iran vows to halt all oil shipments through the Strait of Hormuz.
Bernstein explores Hershey-Mondelez tie-up or acquisition
Analysts model a potential Hershey takeover of Mondelez, projecting EPS dilution or accretion depending on leverage and synergy assumptions. No official talks reported.
Iran claims discovery of 7.5 trillion cubic feet of natural gas
New field in Fars province holds over 212 billion cubic meters of gas, with 5.7 trillion cubic feet deemed recoverable. Oil minister cites 'sweet' gas quality to reduce costs.
Iran warns U.S. of economic retaliation amid escalating sanctions
Tehran cautions Washington over potential blowback from stricter trade restrictions, as Trump administration prepares to unveil sweeping measures. Iranian officials vow reciprocal measures against regional oil exporters.
Turkey’s central bank to restart one-week repo auctions
The Turkish central bank will resume weekly repo operations at its 37% policy rate, ending a suspension tied to inflation risks from regional conflict. Governor Fatih Karahan said conditions had improved.
AfD leads polls in Saxony-Anhalt election as far-right eyes federal power
Far-right Alternative for Germany holds 41% support in state vote set for Sept. 6, ahead of CDU at 24%, as party eyes first government role and broader national ambitions.
Bernstein sees Hershey-Mondelez tie-up as long-term option
Analysts model a potential Mondelez acquisition by Hershey, projecting EPS dilution or accretion depending on leverage and synergy targets. Governance hurdles remain significant.
Former UBS CEO backs Swiss regulator in dispute with bank
Oswald Grübel, ex-CEO of UBS and Credit Suisse, sides with Finance Minister Karin Keller-Sutter against UBS's pushback on stricter capital rules. He argues state oversight is essential to prevent systemic risk.
UBS downgrades Klarna to Neutral, cuts price target to $16
UBS downgraded Klarna's stock to Neutral from Buy and slashed its price target to $16 from $23, citing a guidance cut and executive departures. Shares fell 31% in a week.
Organon shares under pressure as Q2 earnings loom after Q1 miss
Drugmaker faces investor scrutiny as analysts project sequential earnings rebound despite YoY declines. Sun Pharma’s $11.75 billion bid looms over the company’s near-term outlook.
Citi lifts Nvidia target to $300, cites AI demand surge
Analyst raises price target on AI chip leader after forecasting revenue beats and stronger Blackwell GPU shipments. Citi also trims valuation multiple amid supply constraints.
Dollar outlook hinges on UST buybacks and Fed credibility, BofA says
Stronger U.S. Treasury buybacks and policy credibility concerns weigh on the greenback, with gold and franc outperforming as investors reassess dollar fundamentals.
Canada supplies 68% of U.S. aluminum imports in first half of 2026
Canadian exports met 68% of U.S. aluminum import demand in the first half of 2026, while total domestic production covered 95% of import needs. Washington weighs tariff reductions on Canadian metal.
Canada cannot fully replace U.S. aluminium imports, Morgan Stanley says
Even redirecting all Canadian production to the U.S. would leave a shortfall, as America relies on imports for 80% of its aluminium needs. A potential tariff cut may ease but not eliminate supply gaps.
BCA Research advises selling U.S. dollar against won, yen, euro
BCA Research recommends shorting the greenback versus the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar and euro, citing falling U.S. real yields and weaker foreign portfolio inflows.
Trump disclosed over 1,000 stock trades in June, filings show
Former U.S. President Donald Trump executed trades worth between $78.1 million and $263.1 million in June alone, with Palantir, Berkshire Hathaway and Meta among the most active positions.
Trump’s June trades valued at up to $263 million, disclosure shows
More than 1,000 securities transactions were recorded in June, with holdings ranging from ETFs to individual stocks. Federal filings detail trades in Palantir, Berkshire Hathaway and Meta.
Alibaba plans $10.2 bln Hong Kong share placement, largest ever
The e-commerce giant's HK$80 billion follow-on offering would be the largest primary share sale by a Hong Kong-listed company. Proceeds will fund AI infrastructure expansion.