President Yoon's impeachment vote set for Saturday
Wodonga residents now have access to more shops as the city's newest complex has been unveiled. or signup to continue reading Businesses at the Anzac Parade Retail Super Centre have started opening their doors, including hardware and tool chain Total Tools, which opened on Wednesday, November 27. Total Tools' Albury and Wodonga owner Alex Patnaude said the response to their opening has been fantastic. "There's lots of people coming through and lots of interest," he said. "Lots of people are excited to have a store on this side of the river." He has been talking about opening a store in Wodonga for about 15 years, with works coming to fruition in 2021. The store's specialities are "all the tools that tradesmen need to do their job and earn their living" including power tools, accessories, safety equipment, ladders, air tools, compressors, and storage and transport options for tools. "Part of the reason for having a store over here is that we strengthen our offer in the region by having an additional store over in Wodonga," Mr Patnaude said. The store has a grand opening celebration planned for Friday, December 13 and Saturday, December 14. Mr Patnaude also owns the entire complex with his brother Chris, which holds seven stores and a fast food outlet. The complex has been built by Premier Building and Construction, owned by Anthony and Melanie Baker, with a total retail floor space of 9300 square metres as well as a drive-through Guzman Y Gomez set to open next year. The complex's substation also has a vinyl decorative wrap of a soldier's silhouette honouring Anzac Parade. has started trading with Olympian Lauren Jackson joining in the celebrations for the sports store's opening in Wodonga. AMX Superstores also began trading on Thursday, December 5, specialising in motorcycle accessories and parts for both road and offroad riding, including helmets, riding gear, boots, oils and tyres. RSEA Safety will begin trading on Saturday, December 14, stocking brands including Carhartt, Eleven and Helly Hensen, with CAT launching in store in January. World Gym Wodonga will be the gym's first Victorian club and will open early next year, offering a 1000-square-metre weights floor and a 2200-square-metre gym space across two storeys. The gym will have three classrooms with reformer pilates, group fitness and functional fitness, a creche and a recovery zone with infrared saunas and relaxation spas. 4WD Supacentre will open its doors on Friday, February 14, with children's entertainment, giveaways and food vendors. The store will stock Adventure Kings gear, offering a large range of outdoor and camping equipment from battery systems to off-grid essentials. Supercheap Auto will also be relocating from its current premises in Wodonga's Homemaker Centre in January. Business Wodonga chief executive Graham Jenkin said it was positive to see major retailers cement their place in the North East. "This is a tremendous outcome, having developments like this for Wodonga," he said. "No longer will people have to go over to Albury to visit these sorts of stores. "We have a and it's great to see national retailers really seeing the potential for Wodonga." Mr Jenkin said it will also be interesting to see what other retailers make their mark in Wodonga's Junction Place. Journalist at The Border Mail.You can contact me at madilyn.mckinley@austcommunitymedia.com.au. Journalist at The Border Mail.You can contact me at madilyn.mckinley@austcommunitymedia.com.au. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. 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DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementThe Nasdaq closed at a new all-time high Friday, it's 11th gain in the past 13 weeks. The Dow industrials slipped for the week. The S&P 500 split the difference, but still closed at a fresh weekly high. There is no shortage of breakout-ready stocks, but investors should also be carefully watching holdings that are starting to get too extended, so that they can lock in stock market profits and limit risk. Software names ( ), ( ) and ( ) deliver AI-focused earnings in the coming week. The stock market's biotech sector may see action as the American Society of Hematology rolls out its annual conference. And fast-climbing retailer ( ) reports earnings on Thursday, as its diversified model sees increasing success. Stocks To Watch: Five Stocks Near Buy Points Leading stocks continue to set up or move into buy areas as the market keeps notching fresh record highs. Recent IBD Stock Of The Day picks ( ), ( ) and Dow Jones insurance giant ( ) are right around buy points. Trip.com has tracked the travel industry's four-month rally. It and Travelers' charts show bullish base-on-base patterns. Electrical contractor ( ) has been trading tightly for weeks atop a year-to-date gain of 134%. And a little fabless chip operation, ( ) has reclaimed a buy point in a consolidation going back to June. Despite the long dip, Nvidia leads the Dow industrials by a wide margin with its 188% year-to-date gain. Economic Calendar: Pushing Rate Fears To 2025 Stakes are lower for the coming week's economic releases after Friday's jobs report cleared the way for a Fed rate cut on Dec. 18. Yet incoming data could influence a possible rate cut pause in early 2025. The inflation reports in focus will be Wednesday's consumer price index and the producer price index on Thursday. These offer a preview of the Fed's primary inflation gauge, the core PCE price index, due on Dec. 20. The Cleveland Fed forecasts a 0.27% November rise for the core CPI, which would help set the stage for a 0.23% rise in the core PCE price index. However, the Fed's primary 12-month inflation rate is forecast to tick up to 2.9% from 2.8% in October and 2.7% in September. AI Software: Oracle Rallying Like It's 1999 Oracle will be looking to keep a strong run going when it reports earnings Monday. Its stock has made double-digit jumps after publishing its past three earnings results, including a 14% gain on its last report in September. Shares of the database software giant are up more than 75% year to date, on pace for Oracle's best trading year since 1999. Investors will be watching for growth in Oracle's cloud infrastructure business, particularly comments on AI startups using the service to train large language models. The report covers the November-ended quarter. Analysts expect adjusted earnings to grow 11% to $1.48 per share, according to FactSet. Sales are seen growing 9% to $14.1 billion. AI Software: A Rebounding AI Play Reports C3.ai reports Q3 earnings late Monday. Amid higher investments, analysts expected an adjusted loss of 16 cents a share, down 24%, with revenue rising 24% to $91 million. C3.ai has told analysts it expects revenue growth to accelerate as more AI pilot projects ramp up into commercial production. Shares surged recently on an expanded cloud deal with ( ). Retail Earnings: Costco Climbs Into Q1 Report Costco Wholesale reports fiscal Q1 2025 results late Thursday. FactSet expects a 5.6% increase in earnings, a third quarter of slowing growth, on a 15% jump in revenue. Stifel on Thursday hiked its price target on COST stock to 1,000 from 935 following Costco's November sales report. Baird, BofA and Jefferies also raised price targets for Costco. Overall comparable sales for Q1 increased 5.2%, with a 13% increase in online comparable sales. Costco shares have climbed 50% so far this year, and are extended and trading near record highs. Health Care: Unveiling The Latest In Biotech The American Society of Hematology annual meeting is taking place in San Diego, Calif., through Dec. 10. Big-name presenters include ( ), ( ), ( ), ( ), ( ) and others. Amgen is planning to unveil long-term test results for its under-the-skin shot version of Blincyto, which treats a form of leukemia. Incyte will spotlight new data from a study of its drug, Monjuvi, in a form of lymphoma. Notably, ( ) will unveil the first test results for its sickle cell disease gene-editing drug. Homebuilders: This Rally Awaits Its Tailwind ( ) reports Q4 results after the stock market closes Monday. Analysts forecast profit growing 5.6% with a 5% gain in sales. While the Federal Reserve is cutting interest rates, homebuilders have not felt the expected tailwind yet. Consumer borrowing rates haven't tracked the Fed's move lower and the average rate on a 30-year fixed rate mortgage has also not moved lower since the Fed's first cut. Still, Toll's stock has climbed 19% since its last earnings report, and it has a year-to-date gain of 50%. Rival ( ) reports the following week. Stock Market Earnings Briefs ( ) reports Q2 results late Monday. FactSet expects earnings to tick up to $4.29 per share on a 0.9% decline in revenue, to $4.03 billion. CASY stock is trading near the top of a flat base buy zone. Shares rallied almost 53% so far this year and hit a record high of 435.60 on Nov. 25. ( ) reports October quarter earnings on Monday. Analyst consensus projects adjusted earnings will decrease 30% year over year to 67 cents per share while sales increase 15% to $497.7 million. While its shares doubled as a hot AI pick last year, MongoDB has slumped 18% so far in 2024. However, shares have rallied 15% in recent weeks following strong earnings reports from industry peers such as Snowflake and Elastic. ( ) reports early Tuesday. Analysts expect the auto parts retailer to deliver a 3% EPS increase on a 3% sales gain. That would mark the second consecutive quarter of low single-digit earnings growth as AutoZone laps tough comparisons. AutoZone shares climbed into a buy zone ahead of the report. ( ) reports early Tuesday. Analysts project the natural and organic foods distributor will narrow its net loss per share to two cents. Revenue is seen growing 0.1%, with a weak outlook for the full year, which ends in July. UNFI stock is up 48% this year despite a deep consolidation, and extended from a 23.15 buy point cleared in November. Adobe delivers fiscal Q4 results late Thursday. Analysts expect the digital media and marketing software maker to report its first dip into single-digit earnings growth in more than two years. Revenue gains are seen holding steady at 10%. Monetizing generative AI innovations announced during the quarter will be top of mind for investors. Adobe is struggling to climb out of a yearlong consolidation.Their expectation levels may have been different, but neither Rutgers nor Seton Hall has had the most promising start to the season. New Jersey's two power-conference programs will try to author a signature win when the Pirates visit the Scarlet Knights for the Garden State Hardwood Classic on Saturday afternoon in Piscataway, N.J. Rutgers (6-4) endured a three-game losing streak before picking up its first Big Ten win of the season Tuesday, 80-76 over Penn State. The Scarlet Knights have enjoyed plenty of attention thanks to five-star freshmen Dylan Harper and Ace Bailey, but they've also put a loss to Kennesaw State on their resume. They'll try to assert their dominance over Seton Hall (5-5), which has lost to Fordham, Hofstra and Monmouth while fielding one of the weakest offenses in Division I. At 60.1 points per game, the Pirates rank sixth-to-last in the country, even as they limit opponents to 59.4 points per outing (the No. 11 scoring defense). Rutgers is 5-0 at home after leading by as many as 15 in the Penn State victory. Harper had 24 points, 12 rebounds and five assists and Bailey produced 15 points and 15 rebounds. "They're like a sixth defender for us," Harper said of the fans. "We've been on the road for 20 days so seeing all of our fans, and seeing how loud they were, it meant the world to us." The student section will be especially fired up to see the rival Pirates, which could make free-throw shooting an issue for them. They rank No. 350 in the country at 60.3 percent from the foul line entering Friday. However, Seton Hall pulled out a road win the last time the game was played at Rutgers. In a defensive rock fight in 2022, the Pirates prevailed 45-43. Rutgers got revenge last season at Seton Hall's place, winning 70-63. But most players on both rosters are new and will experience the rivalry game for the first time. "I don't have a Jersey player on my team, right?" Pirates coach Shaheen Holloway told NJ.com . "So I have to get those guys to understand rivalries." Seton Hall will lean on Chaunce Jenkins (11.8 ppg) -- who was limited in the team's 85-76 loss to Oklahoma State on Sunday due to a knee injury, but is cleared to face Rutgers -- and Isaiah Coleman (11.7 ppg), one of three returning players from last year's team. For Rutgers, Harper is excited about the rivalry having grown up in New Jersey and watched his older brother, Ron Harper Jr., play in the game. At 23.4 ppg, Dylan Harper is the third-leading scorer in the country, and he adds 5.1 rebounds and 4.6 assists per contest. Seton Hall leads the all-time series 42-32. --Field Level Media
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