PRE-MARKET AUSTRALIAN STOCKS NEWS: Orica (ORI AT) expects H1 EBIT to be slightly higher Y/Y, with Digital EBIT expected to rise about 20% Y/Y

Air New Zealand (AIR AT) - Co. suspended its guidance for H2 2026, citing volatility in jet fuel markets stemming from the war in Iran. (Dow Jones Newsplus)

Orica (ORI AT) - Co. expects H1 EBIT to be slightly higher Y/Y, with Digital EBIT expected to rise about 20% Y/Y and Specialty Mining Chemicals EBIT expected to rise about 15% Y/Y, while Blasting EBIT is expected to be slightly lower Y/Y; Co. also cited stronger Australian dollar and lower Indonesian coal production quotas and expects to deliver AUD 100mln in annualised cost savings over three years while recognising AUD 45mln-60mln in H1 significant items. (Dow Jones Newsplus)

Telix Pharmaceuticals (TLX AT) - Co. reported positive Phase 3 safety results for its investigational prostate cancer therapy TLX591-Tx. (Motley Fool)

Westgold Resources (WGX AT) - Co.’s board approved a AUD 145mln plan to expand the Higginsville Processing Hub. (Motley Fool)

Other News

Global investment giants BlackRock and Singapore’s Keppel have entered the race for Ausgrid's AUD 2.5bln smart meters business, intensifying competition among bidders. (The Australian)

Glencore (GLEN LN) is reportedly considering an ASX listing following a valuation gap that derailed its proposed merger with Rio Tinto. (AFR)

Pacific National is reportedly considering a AUD 6bln ASX listing. (The Australian)