News for Webjet Limited (WEB.AX)

In the middle of 2024, Slack Investor had some cash from the sale of Altium (ALU) that needed investing. He had spread the amount into buying into some companies that he already had (TNE, CAR, SNL, NDQ, PME, TLX) and, he brought in some new blood (WEB, MP1, NCK, RMD, JNDX, BOT, RUL, DHHF). The

Australia stocks higher at close of trade; S&P/ASX 200 up 0.56%

The Australian share market had another positive week, reaching fresh record highs twice before slipping back a little in Friday trade. By the close on

The ASX200 closed down 0.1% at 8,436 points. Materials has been the strongest performing sector, up 0.8%, followed by IT, up 0.5% and Energy, up 0.1%.

Australia stocks lower at close of trade; S&P/ASX 200 down 0.10%

The ASX200 closed up 0.45% at 8,444 points after hitting a new high in intra-day trade. The local bourse surged to a record of 8,477 before paring gains

The Australian Competition and Consumer Commission has alleged Webjet (ASX:WJL) misled its…

The Webjet Group (ASX:WJL) share price is down 5% as the ASX travel share faces heat from the ACCC in court.

Consumers were tricked into believing they were getting a better deal than was possible on Webjet’s platform, a lawsuit against the online booking giant claims. The consumer watchdog on Thursday alleged that Webjet advertised flight deals over a period of five years without telling consumers they’d also be slugged compulsory service and booking fees of […]

RBA board overhaul back in playThe Albanese government is optimistic it can salvage its proposed structural shake-up of the Reserve Bank, amid a frenzy of horse-trading with the Greens in the last wee

Australia stocks higher at close of trade; S&P/ASX 200 up 0.57%

A rollercoaster ride in on Wall Street – capped by a Dow…

The Telecommunication sector was the biggest loser, down 1.5%, followed by Industrials, down 1.3% and Discretionary, down 1.1%.

Dramatic falls in a stock price ... are not very nice. However, they are part of the game when investing in growth stocks. These falls usually come during reporting season. This is sometimes known as 'confession season'. ASX-listed companies are all required to report their earnings within two months of June 30 and December 31.

The ASX200 has dropped 0.9 per cent, giving back most of the previous day's gains, but has finished the week 0.8 per cent higher.

The ASX200 gained 0.5 per cent thanks in part to the big banks and mining giants, but WEB Travel Group plunged by more than a third after downgrading guidance.

Australia stocks higher at close of trade; S&P/ASX 200 up 0.47%

The ASX200 has closed down 11 points to 8,142 points. The Reserve Bank of Australia has left the cash rate on hold at 4.35% in an extension of pain for mortgage holders.

Coles, Woolies ‘faked discounts’The nation’s competition watchdog has accused Woolworths and Coles of misleading shoppers by claiming they were dropping prices when they were actually increasing them,