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<WIRE> Tabcorp (ASX:TAH) Rises After Extending Agreement with Sportsbet

Shares of Tabcorp Holdings increased as much as 1.40% to A$1.0775.

The gambling platform operator announced that it has broadened its digital vision supply agreement with Sportsbet, now to last an additional 10 years until July 31, 2036.

The agreement is expected to generate between A$30 million and A$40 million in EBITDA in FY24.

Among 12 analysts, seven rate the stock as ‘buy’ or higher, four hold a ‘hold’ position, and one recommends to ‘sell’.

Their median price target is A$1.21.

This year, the stock has fallen by 0.47%, as of the last close.

Tabcorp Holdings is a major player in the gaming and entertainment industry.



<WIRE> Baby Bunting Group (ASX:BBN) Slumps on Weak Start to Fiscal 2024

Baby Bunting Group (ASX:BBN) shares slump by up to 10.3% to A$1.910, marking their largest intraday percentage loss since June 8.

The baby goods retailer announces its sales growth has contracted 4% over the previous six weeks, with comparable store sales contracting 9%.

Baby Bunting Group has decided not to provide the FY24 earnings forecast due to the continued economic uncertainty.

Despite total sales slightly rising to A$515.8 million, the retailer’s FY23 stat NPAT fell by 49.5% to A$9.9 million.

As of the last close, the shares of Baby Bunting Group were down by 21.4% this year.

Baby Bunting Group is a company that retails baby goods.






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<WIRE> Lightning Minerals (ASX:L1M) Sees Stock Rise on Agreement to Purchase Lithium Projects

Lightning Minerals (ASX:L1M) experienced a 9.1% increase in their shares, which were valued at A$0.18, positioning the company for its best day since July 13, assuming the gains are maintained.

The mineral exploration company announced that it has entered into a definitive letter of intent for a purchase agreement with Lithium Rabbit Quebec.

The agreement focuses on acquiring the Dalmas and Hiver projects within the lithium-rich region of James Bay, Quebec, Canada.

This development has propelled the stock to levels not seen since August 4.

Additionally, the company’s stock has experienced a 6% increase year to date, as recorded from the last closing.

Lightning Minerals (ASX:L1M) is a mineral exploration company focused on acquiring and developing mining projects.



<WIRE> Viva Leisure (ASX:VVA) Foresees FY24 Accelerated Upgrade Program To Boost EBITDA Over 1st Year

Viva Leisure (ASX:VVA) has projected an accelerated upgrade program for the fiscal year of 2024.

The health club operator anticipates this initiative will offer meaningful and significant contributions to its earnings before interest, taxes, depreciation, and amortization (EBITDA) over the first 12-month period.

Viva Leisure reaffirms their expectation to commence generating highly profitable returns throughout FY24.

Furthermore, the company is confident about its solid foundation, paving the way for sustained growth and profitability in FY24 and in the subsequent years.

Viva Leisure operates health clubs across Australia.