News for Helloworld Travel Limited (HLO.AX)

Ron Shamgar of TAMIM Asset Management talks about how retail discretionary stocks outperformed during inflation. Will the cost-of-living crisis persist, placing overwhelming strain on stretched households, or can consumer resilience endure?

Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.82% to 6844.10.

Home Depot reaffirmed its financial guidance for the 2023 fiscal year. This included a sales decline of between 2% and 5%, an operating margin of between 14.0% and 14.3% and an earnings-per-share (EPS) decline of between 7% and 13%.

Aussie Broadband Ltd (ASX: ABB), Hello World Travel (ASX: HLO) and EML Payments (ASX: EML) have stood out as 3 ASX small caps showing strong results in the recent reporting season, writes TAMIM's Ron Shamgar.

In today’s Money Morning…it’s been a tough 18 months…but it’s not 2008 here…a bet I’m willing to take and am positioning for accordingly…individual analysis matters…and more…

The ASX is tracking lower in midday trade, with all eleven sectors in the red. Miners were the heaviest drag on the market.

Helloworld Travel (ASX:HLO) has agreed to acquire Express Travel Group (ETG) from Tom Manwaring and Sintack for $70 million.

The ASX crumbled to a -0.92% close after what can only be described as a 25 basis point mugging at the hands of the RBA Board this afternoon.

There are several companies set to release shares from escrow in coming days including lithium explorer Firetail Resources (ASX:FTL).

Helloworld surges by 8% in share price off the back of the travel industry’s return, with the company’s transactions compounding 206% on the year before.

In Director Trades, Lake Resources (ASX:LKE) managing director Stephen Promnitz sells ~$2.292 million of stock.

Australia announced the reopening of borders to international tourists on 21 Feb. ASX travel stocks like casinos will stand to benefit.

Australian shares slipped to their lowest in more than a week as…

Risk aversion ahead of a lunchtime Chinese economic update and a US…