-- JB Hi-Fi (ASX:JBH) reported that its Australia sales for the fiscal third quarter rose 2.6% on a comparable basis, according to a Wednesday filing with the Australian bourse.
The company's comparable sales in New Zealand rose past 15%, while The Good Guys comparable sales jumped 2.5%, the filing added. Sales from e&s fell 4.8%.
Emerald Resources (ASX:EMR) received approval from Western Australia's Department of Water and Environmental Regulation for its wholly owned Dingo Range Gold Project, effectively enabling the project to proceed to development, according to a Wednesday filing with the Australian bourse.The regulatory approval covers key infrastructure including the processing plant, power station, tailings storage facility, and associated works required for future gold production, per the filing.The company has completed and commissioned on-site accommodation for construction and operational staff and continues drilling through 2026 to support resource updates, including open-pit extensions and potential underground development, while advancing a maiden ore reserve, the filing said.The company also has committed around AU$30 million to acquire two 8,000 kilowatts Metso SAG mills for its operations, along with a crushing circuit for Dingo Range, the filing added.
A sanctioned Russian tanker carrying fuel to Cuba has stalled about 1,000 miles off the coast, adding pressure to the island's worsening fuel crisis, Bloomberg reported on Tuesday citing vessel movement data.The vessel, Universal, has been drifting since mid-April after halting a voyage from Russia, carrying nearly 270,000 barrels of diesel, according to Bloomberg citing Vortexa data.Its arrival remains uncertain as ships have diverted away from Cuba "for fear of seizure by US naval forces" amid a near-total energy blockade, Bloomberg said.Only one vessel this year, the Anatoly Kolodkin, delivered oil after receiving a temporary reprieve from the Trump administration, according to the report.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:EXPD delivered strong Q1 results, with EPS of $1.71 versus $1.47 prior year, significantly beating our $1.37 estimate and $1.33 consensus forecast. Revenue rose 4% to $2.7B from $2.67B, exceeding our $2.59B forecast as Airfreight and Customs strength offset Ocean weakness. Mixed segment performance reflected market bifurcation, with Airfreight revenue surging 14% to $1.03B on favorable pricing while Ocean revenue plummeted 23% to $599M due to capacity oversupply pressuring both pricing and volumes. Management expects global capacity oversupply to persist near-term despite maintaining Ocean profitability. Customs/Other revenue jumped 17% to $1.15B, with double-digit growth across all products, due to hyperscaler and high-value technology customer demand plus tariff complexity. Operating margins reached the company's 30% target despite Middle East disruptions, with productivity gains from 2025 AI and technology investments beginning to materialize.