BUZZ-Ramsay Health Care sinks to near 11-year low after 'underwhelming' outlook ** Shares of Australian hospital operator Ramsay Health Care RHC.AX fall as much as 8.1% to A$40.970, their lowest level since Dec. 16, 2013 ** RHC top loser in the ASX 200 benchmark index .AXJO ** Marks its worst intraday loss since Aug. 24, 2023 ** Sees activity growt

BUZZ-Australian retailer Harvey Norman falls over 6% on annual profit miss ** Shares of Australian furniture and electronics retailer Harvey Norman HVN.AX fall as much as 6.5% to A$4.57, their worst intraday drop since June 26 ** HVN stock trading at its lowest level since Aug 9, marks its fourth straight day in red ** HVN set to end the month down

BREAKINGVIEWS-UK’s housing mess requires costly fix The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Yawen Chen LONDON, Aug 29 (Reuters Breakingviews) - Fixing the UK’s housing mess will require some government firepower. Prime Minister Keir Starmer has pledged to boost the supply of cheap homes and shake up planning laws.

BUZZ-Australia's Cettire falls on lower-than-expected annual earnings ** Shares of Cettire CTT.AX fall as much as 19.6% to A$1.070, their lowest level since June 27 ** Australia-based luxury online retailer reported FY adjusted EBITDA of A$32.5 mln($22.09 mln), missing Visible Alpha consensus estimates of A$36.4 mln ** Analysts at UBS say CTT's sta

BUZZ-Australian flag carrier Qantas slips on bleak outlook, lower annual profit ** Shares of Qantas Airways QAN.AX fall as much as 1.4% to A$6.23, posting their biggest intraday pct drop since Aug. 8 ** Shares hit their lowest since Aug. 23 ** Co reports 16% fall in underlying profit before tax for fiscal 2024, in line with a Visible Alpha consensu

UPDATE 3-Qantas profits dip as fares fall, announces further share buy-back 16% fall in underlying profit, but sees stable travel demand Further $400 mln share buy-back plan, no dividend for fifth year Qantas strikes new pay deal with union for international crew Adds bullets, detail on union deal, writes through By Roushni Nair and Lisa Barrington Aug 29 (Reuters) - Australia's Qantas Airways QAN.AX announced an additional share buyback on Thursday but no dividend for the fifth year, as the air

UPDATE 3-Qantas profits dip as fares fall, announces further share buy-back 16% fall in underlying profit, but sees stable travel demand Further $400 mln share buy-back plan, no dividend for fifth year Qantas strikes new pay deal with union for international crew Adds bullets, detail on union deal, writes through By Roushni Nair and Lisa Barrington Aug 29 (Reuters) - Australia's Qantas Airways QAN.AX announced an additional share buyback on Thursday but no dividend for the fifth year, as the air

UPDATE 4-Australia's South32 hunts for copper as it returns cash to shareholders South32 eyes larger stake in Sierra Gorda from KGHM Underlying profit more than halves to $380 mln, from $916 mln Announces $200-mln share buyback Adds KGHM comment; paragraph 5 By Melanie Burton MELBOURNE, Aug 29 (Reuters) - Diversified miner South32 S32.AX will consider both buying and building from existing mines to get more copper, its chief executive said on Thursday, as yearly profit beat market expectations a

UPDATE 3-Air New Zealand warns of tough year ahead after profit drop, shares fall Sees unfavourable trading conditions in first half Airline flags near 2% reduction in headcount Shares fall to lowest level since mid-July Recasts paragraph 1, adds details on headcount reduction plan, share moves, forecast Aug 29 (Reuters) - Air New Zealand AIR.NZ reported a 61% drop in annual profit on Thursday and warned of potential impacts from sticky inflation, intense competition and engine-related maintenan

UPDATE 2-Salesforce beats second-quarter estimates on steady cloud demand Rewrites throughout, updates share movement, adds CFO change Aug 28 (Reuters) - Salesforce CRM.N beat Wall Street expectations for second-quarter revenue and profit on Wednesday, as the business software giant benefited from higher spending on its enterprise cloud products. Shares of the company rose more than 4% in extended trading.

BUZZ-Australia tourism services firm Kelsian jumps 10% on profit, outlook beat ** Shares of Australian tourism services firm Kelsian Group KLS.AX rise as much as 10.6% to A$4.390, their biggest intraday pct jump since July 21, 2022 ** KLS stock among the top gainers in the ASX 200 benchmark index .AXJO , which is trading 0.5% lower ** Co logs FY24

BUZZ-Australia's Woolworths climbs to near 7-month high after annual results, special dividend ** Shares of Woolworths Group WOW.AX rise as much as 2.3% to A$36.29, their highest levels since Feb 2 ** Australia's largest supermarket chain posted net profit after tax before significant items of A$1.71 bln ($1.16 bln), flat from prior year ** Profit

BUZZ-Australian clothing retailer City Chic soars 41% on estimate-beating forecast ** Shares of Australian plus-sized fashion retailer City Chic Collective CCX.AX soar as much as 41.5% to A$0.145, marking their biggest intraday pct jump since mid-May 2018 ** CCX hits its highest level since June 24 ** More than 7.5 mln shares change hands, vs the 3

UPDATE 3-Australia's Woolworths rises after special dividend, profit in line with forecast Declares special dividend of 40 AU cents per share Says sales momentum improving in FY25 Shares climb to six-month high Recasts, adds shares, and analysts' comments in paragraphs 2 and 10 By Himanshi Akhand Aug 28 (Reuters) - Shares of Woolworths WOW.AX climbed on Wednesday after the Australian grocer declared a special dividend and also said its full-year profit dropped in line with analysts' forecast as

UPDATE 2-Lynas Rare Earths beats annual profit view, shares rise 2% Rewrites throughout, adds share moves, details of results, and analyst comments By Shivangi Lahiri Aug 28 (Reuters) - Australia's Lynas Rare Earths LYC.AX posted a smaller-than-expected fall in annual profit on Wednesday, helped by lower operating costs amid weak prices and subdued China demand, sending its shares 2% higher in early trade.

BUZZ-Australia's Nanosonics climbs on FY results beating consensus ** Shares of disinfectant devices maker Nanosonics NAN.AX soar as much as 14.4% to A$3.090 ** Co reports FY net profit after tax of A$13 mln ($8.8 mln), beating a Visible Alpha consensus of A$9.3 mln ** Co says FY NPAT down 35% from prior corresponding period due to impact of hospit

BUZZ-Australia's Lovisa Holdings slides on softer-than-expected start to FY25 ** Shares of fast fashion jewelry retailer Lovisa Holdings LOV.AX fall as much as 17.5% to A$30.76, their lowest since early July ** Co posts FY24 NPAT A$82.4 mln ($55.75 mln) - slightly lower than consensus estimate of A$83.1 mln ** For first eight weeks of FY25, co post

UPDATE 2-Mexican fast-food chain Guzman Y Gomez's earnings beats forecasts, shares inch higher FY24 profit rises 94%, beating own and market forecasts Maintains forecast a slight profit drop in FY25 Shares close 3.2% higher, reversing after a 9% slide earlier Rewrites throughout with details, updated share moves and analyst comments By Echha Jain and Byron Kaye Aug 27 (Reuters) - Mexican fast-food chain Guzman Y Gomez (GYG) GYG.AX posted a full-year profit that beat its own and market expectatio

BUZZ-Australia's Guzman Y Gomez drops over 5% despite profit beat ** Shares of Mexican-themed fast food business Guzman Y Gomez GYG.AX fall as much as 5.7% to A$33.80, their worst intraday drop since Aug 19 ** GYG, which debuted on ASX in mid-June, reports FY24 underlying profit of A$5.7 mln ($3.86 mln), beating its prospectus forecast of A$3.4 mln

BUZZ-Australia's Coles Group hits 2-year high on better-than-expected annual profit ** Shares of Coles Group COL.AX rise as much as 3.2% to A$19.050, their highest levels since late August 2022 ** Stock among top gainers in benchmark S&P/ASX 200 index .AXJO ** Australia's second-largest grocer reported 2.1% rise in net profit after tax from continu