PRE-MARKET AUSTRALIAN STOCKS NEWS: Westpac (WBC AT) FY (AUD) net fell 1% Y/Y to 6.81bln, rev. rose 1% Y/Y to 22.6bln

Westpac (WBC AT) - Co. FY (AUD) net fell 1% Y/Y to 6.81bln, net excluding notable items flat Y/Y at 7.0bln, rev. rose 1% Y/Y to 22.60bln, final dividend 0.77/shr, CET1 capital ratio 12.5% at end-September (fell 7bps Y/Y), deposits rose 6% Y/Y and lending rose 5% Y/Y. (Dow Jones Newsplus) Domino's Pizza Enterprises (DMP AT) - Co. renewed its France master franchise agreement until November 1st, 2041. (Dow Jones Newsplus) Downer EDI (DOW AT) - Co. awarded a roughly AUD 400mln contract by Homes Victoria for maintenance and repair services for social housing, with an initial five-year term and extension options. (Dow Jones Newsplus) Ingenia Communities (INA AT) - Co. said AVID exercised its matching right and raised its takeover offer to AUD 5.45/shr, excluding a potential AUD 0.05/shr dividend, with the board deeming the proposal equal or superior to Warburg Pincus's offer and terminating Warburg Pincus's due diligence access while the AVID process deed remains in effect. (Dow Jones Newsplus) St Barbara (SBM AT) - Co. received Nova Scotia approval for the Touquoy restart, is assessing the impact of a required Canadian federal assessment on its 15-Mile project timetable, has begun planning for a potential resumption of Touquoy ore mining and announced an on-market buyback of up to 100mln shares. (Dow Jones Newsplus) Sunrise Energy Metals (SRL AT) - Co. approved its Syerston Scandium Project, targeting first production in H2 2028, while accelerating studies into potential capacity expansion dependent on customer commitments and other factors. (Dow Jones Newsplus) Other News AGL Energy (AGL AT) accused Transgrid of failing to manage its own contractor as the transmission operator seeks to pass on a AUD 1.2bln cost blowout to household power bills. (The Australian) Broker Ratings/Price Target Coles Group (COL AT) price target cut by 4% to AUD 24.00/shr by Macquarie. Helia Group (HLI AT) price target cut by 3.9% to AUD 3.65/shr by Macquarie. Origin Energy (ORG AT) price target raised by 2.7% to AUD 11.40/shr by Macquarie. Pinnacle Investment Management (PNI AT) price target cut by 4.8% to AUD 22.81/shr by Macquarie. Reece (REH AT) price target raised by 1.3% to AUD 15.40/shr by Macquarie. ResMed (RMD AT) price target raised by 1.5% to AUD 47.50/shr by Macquarie.