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ABC News
30-05-2025
- General
- ABC News
Tasmanian Aboriginal resistance warriors battled against overwhelming power, but have no recognition
It evokes one of the most powerful scenes in Tasmanian history. On January 7, 1832, the last 16 Aboriginal warriors from the Oyster Bay-Big River resistance walked down Elizabeth Street in Hobart, spears in hand. WARNING: Aboriginal and Torres Strait Islander readers are advised that this article contains images of a person who has died. The warriors were on their way to meet governor George Arthur at Government House to finalise an armistice, bringing an end to the largest domestic military offensive in Australian history. The Black Line. The leader of the Aboriginal resistance to this show of force was Tongerlongeter, a man who paid the ultimate price for defending everything he ever knew against the overwhelming might of British colonial power. "He'd lost nearly everyone he'd ever loved, his first wife had been abducted, never to be seen again," Dr Clements said. "He'd lost his child. He'd lost his arm in battle. Tongerlongeter — like others defending their lands against the world's most powerful empire — is not recognised in statues, memorials or plaques. The scene could not have been more different than one from 60 years earlier, when European explorers first started landing in Van Diemen's Land. Dr Clements describes these explorers as curious and generally well-intentioned towards Aboriginal people — compared with what was to come. As colonial expansion rapidly increased by the 1820s, there was soon conflict. The kidnap of women and girls by sealers and some settlers, and the competition for scarce resources, like kangaroos, saw the start of more organised Aboriginal resistance taking in multiple bands, led by men like Tongerlongeter. "Tongerlongeter was defending his homeland, but there were more proximate causes. For example, the systematic abduction, rape, and murder of Aboriginal women and children," Dr Clements said. Aboriginal people would attack solitary huts during the day, while Europeans would attack at night, Dr Clement said. Then came the Black Line — the conscription of 2,200 soldiers, convicts and settlers to capture the remaining Aboriginal people. While the campaign itself was largely unsuccessful, the show of force proved overwhelming to Tongerlongeter. Historic records show he suffered a catastrophic injury to his arm, requiring amputation by his comrades without anaesthetic, the bone ground smooth with rock before the wound was cauterised. The group agreed to an armistice, or truce, but in their ultimate meeting in Hobart, Dr Clements notes that governor Arthur did not keep records of what was discussed. Tongerlongeter and the others were exiled to Flinders Island, losing his only child on the way. But he continued to be a leader while in exile, before dying of illness in 1837, aged 47. "We just need to get over this sense that this wasn't a legitimate war and that these people don't deserve the same sort of recognition as those who fought in our overseas conflicts," Dr Clements said. "It should be a conversation for all Tasmanians so that we can all feel a part of this because, after all, someone like Tongerlongeter, we can all admire a man like that. The idea of women and girls being kidnapped from their families to live with sealers on remote islands is something that Nala Mansell often reflects on. It was the reality faced by Walyer — a young north-west Tasmanian Aboriginal in the 1820s. "Her childhood would have included freedom, culture, being taught by her elders," Ms Mansell said. "I can only imagine the terror that she would have felt … being captured and kidnapped and taken to a foreign island with white men that she'd never seen before. Walyer was known for her determined attitude and cunning nature, likely driven by the trauma she had experienced. She observed the use of firearms by her captors, and was able to escape. Walyer engaged in forms of violent resistance; Ms Mansell said she led others in helping to cause terror among white settlers in Tasmania's north. She was again taken to remote islands, where her resistance continued to the end. "I just think she embodies the Palawa spirit," Ms Mansell said. Walyer — and the other women and girls kidnapped during the Tasmanian colonial period — are also not physically recognised in the state. The Tasmanian government this week announced it was no longer pursuing a treaty with the state's Aboriginal people and would instead establish a truth-telling and healing commission. There was previously a push, which included the RSL, to establish a memorial to the frontier conflict near the cenotaph in Hobart, but this ultimately did not go ahead. Tasmania is also the only state that does not have an Aboriginal-run cultural centre, originally proposed for Macquarie Point, but now also cancelled. Instead, plaques and monuments — such as one that celebrates Abel Tasmania for his "discovery" of Tasmania — have prominent positions, remaining a source of frustration for the Aboriginal community. That plaque sits on the public-facing side of a government building in Launceston, used as offices for the Tasmanian premier. Ms Mansell said stories of Aboriginal resistance are vital for Tasmanians to be aware of and to reflect on. "It's up to the state government or the local councils who have the ability and the funds to be able to install some type of acknowledgement, but to work without the Aboriginal community so that we can find ways to honour and celebrate Aboriginal people," she said. In a statement earlier this week, Aboriginal Affairs Minister Jacquie Petrusma said the truth-telling and healing commissioners would promote respect and self-determination. "It is a critical and necessary step towards recognising past injustices, gaining a greater understanding of the contemporary challenges being faced by Tasmanian Aboriginal people, and making real progress in healing the wounds of the past," she said.
Globe and Mail
27-05-2025
- Business
- Globe and Mail
BlackLine Announces Participation in Upcoming Investor Conferences
LOS ANGELES, May 27, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL) today announced that BlackLine's management team will participate in the following upcoming investor conferences: Baird 2025 Global Consumer, Technology & Services Conference Tuesday, June 3, 2025 Presentation time: 2:00 PM ET Location: New York, NY William Blair 45 th Annual Growth Stock Conference Wednesday, June 4, 2025 Presentation time: 10:40 AM CT Location: Chicago, IL BMO Virtual Software Conference Tuesday, June 10, 2025 Presentation time: 12:15 PM ET Location: Virtual Where available, presentation webcasts will be accessible on BlackLine's investor relations website at About BlackLine BlackLine (Nasdaq: BL), the future-ready platform for the Office of the CFO, drives digital finance transformation by empowering organizations with accurate, efficient, and intelligent financial operations. BlackLine's comprehensive platform addresses mission-critical processes, including record-to-report and invoice-to-cash, enabling unified and accurate data, streamlined and optimized processes, and real-time insight through visibility, automation, and AI. BlackLine's proven, collaborative approach ensures continuous transformation, delivering immediate impact and sustained value. With a proven track record of innovation, industry-leading R&D investment, and world-class security practices, more than 4,400 customers across multiple industries partner with BlackLine to lead their organizations into the future. For more information, please visit
Yahoo
07-05-2025
- Business
- Yahoo
BlackLine's (NASDAQ:BL) Q1 Earnings Results: Revenue In Line With Expectations, Stock Soars
Accounting automation software maker Blackline (NASDAQ:BL) met Wall Street's revenue expectations in Q1 CY2025, with sales up 6% year on year to $166.9 million. The company expects next quarter's revenue to be around $171 million, close to analysts' estimates. Its non-GAAP profit of $0.49 per share was 28% above analysts' consensus estimates. Is now the time to buy BlackLine? Find out in our full research report. BlackLine (BL) Q1 CY2025 Highlights: Revenue: $166.9 million vs analyst estimates of $166.7 million (6% year-on-year growth, in line) Adjusted EPS: $0.49 vs analyst estimates of $0.38 (28% beat) Adjusted Operating Income: $34.95 million vs analyst estimates of $28.67 million (20.9% margin, 21.9% beat) The company reconfirmed its revenue guidance for the full year of $698.5 million at the midpoint Management raised its full-year Adjusted EPS guidance to $2.17 at the midpoint, a 6.6% increase Operating Margin: 2.1%, up from 1.1% in the same quarter last year Free Cash Flow Margin: 19.5%, down from 21.6% in the previous quarter Customers: 4,455, up from 4,443 in the previous quarter Market Capitalization: $3.11 billion 'BlackLine's first quarter delivered solid results with bookings exceeding expectations, driven by improved execution along with continued margin expansion,' said Owen Ryan, Co-CEO of BlackLine. Company Overview Started in 2001 by software engineer Therese Tucker, one of the very few women founders who took their companies public, BlackLine (NASDAQ:BL) provides software for organizations to automate accounting and finance tasks. Sales Growth A company's long-term sales performance can indicate its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Over the last three years, BlackLine grew its sales at a 14% compounded annual growth rate. Although this growth is acceptable on an absolute basis, it fell short of our standards for the software sector, which enjoys a number of secular tailwinds. BlackLine Quarterly Revenue This quarter, BlackLine grew its revenue by 6% year on year, and its $166.9 million of revenue was in line with Wall Street's estimates. Company management is currently guiding for a 6.5% year-on-year increase in sales next quarter. Looking further ahead, sell-side analysts expect revenue to grow 7.4% over the next 12 months, a deceleration versus the last three years. This projection is underwhelming and implies its products and services will see some demand headwinds. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
29-04-2025
- Business
- Yahoo
3 Small-Cap Stocks Facing Headwinds
Investors looking for hidden gems should keep an eye on small-cap stocks because they're frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets. Luckily for you, our mission at StockStory is to help you make money and avoid losses by sorting the winners from the losers. Keeping that in mind, here are three small-cap stocks to swipe left on and some alternatives you should look into instead. Market Cap: $3.09 billion Started in 2001 by software engineer Therese Tucker, one of the very few women founders who took their companies public, BlackLine (NASDAQ:BL) provides software for organizations to automate accounting and finance tasks. Why Are We Wary of BL? Average billings growth of 6.7% over the last year was subpar, suggesting it struggled to push its software and might have to lower prices to stimulate demand Estimated sales growth of 6.8% for the next 12 months implies demand will slow from its three-year trend Free cash flow margin is expected to remain in place over the coming year, marking a divergence from its peers BlackLine's stock price of $46.70 implies a valuation ratio of 5x forward price-to-sales. Check out our free in-depth research report to learn more about why BL doesn't pass our bar. Market Cap: $1.33 billion Having designed the industry's first double-decker railcar in the 1980s, Greenbrier (NYSE:GBX) supplies the freight rail transportation industry with railcars and related services. Why Should You Dump GBX? Annual sales declines of 1.7% for the past two years show its products and services struggled to connect with the market during this cycle Competitive supply chain dynamics and steep production costs are reflected in its low gross margin of 13.3% Free cash flow margin shrank by 12 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Greenbrier is trading at $42.01 per share, or 6.2x forward EV-to-EBITDA. If you're considering GBX for your portfolio, see our FREE research report to learn more. Market Cap: $8.44 billion Originally spun off from General Electric in 2005 to provide business process services, Genpact (NYSE:G) is a global professional services firm that helps businesses transform their operations through digital technology, AI, and data analytics solutions. Why Do We Think Twice About G? Muted 4.4% annual revenue growth over the last two years shows its demand lagged behind its business services peers Underwhelming constant currency revenue performance over the past two years suggests its product offering at current prices doesn't resonate with customers 2.5 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position At $47.67 per share, Genpact trades at 14.1x forward price-to-earnings. Dive into our free research report to see why there are better opportunities than G. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like United Rentals (+322% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Yahoo
28-04-2025
- Business
- Yahoo
Q4 Earnings Roundup: BlackLine (NASDAQ:BL) And The Rest Of The Finance and HR Software Segment
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let's have a look at BlackLine (NASDAQ:BL) and its peers. Organizations are constantly looking to improve organizational efficiencies, whether it is financial planning, tax management or payroll. Finance and HR software benefit from the SaaS-ification of businesses, large and small, who much prefer the flexibility of cloud-based, web-browser delivered software paid for on a subscription basis than the hassle and expense of purchasing and managing on-premise enterprise software. The 14 finance and HR software stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was 1.4% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 12.2% since the latest earnings results. Started in 2001 by software engineer Therese Tucker, one of the very few women founders who took their companies public, BlackLine (NASDAQ:BL) provides software for organizations to automate accounting and finance tasks. BlackLine reported revenues of $169.5 million, up 8.8% year on year. This print exceeded analysts' expectations by 0.6%. Despite the top-line beat, it was still a slower quarter for the company with full-year EPS guidance missing analysts' expectations. 'We believe our recent user conference and accelerating innovation are creating momentum for BlackLine,' said Owen Ryan, Co-CEO of BlackLine. The stock is down 26.5% since reporting and currently trades at $46.56. Read our full report on BlackLine here, it's free. Founded by industry veterans Aneel Bushri and Dave Duffield after their former company PeopleSoft was acquired by Oracle in a hostile takeover, Workday (NASDAQ:WDAY) provides cloud-based software for organizations to manage and plan finance and human resources. Workday reported revenues of $2.21 billion, up 15% year on year, outperforming analysts' expectations by 1.3%. The business had a very strong quarter with a solid beat of analysts' EBITDA estimates and an impressive beat of analysts' billings estimates. The market seems unhappy with the results as the stock is down 6.2% since reporting. It currently trades at $239.30. Is now the time to buy Workday? Access our full analysis of the earnings results here, it's free. Originally created to process international tuition payments for universities, Flywire (NASDAQ:FLYW) is a cross border payments processor and software platform focusing on complex, high-value transactions like education, healthcare and B2B payments. Flywire reported revenues of $117.6 million, up 22.4% year on year, falling short of analysts' expectations by 4.9%. It was a softer quarter as it posted revenue guidance for the next quarter, slightly missing analysts' expectations. Flywire delivered the fastest revenue growth but had the weakest performance against analyst estimates in the group. As expected, the stock is down 51% since the results and currently trades at $8.64. Read our full analysis of Flywire's results here. Founded in 1990 in Cincinnati, Ohio, Paycor (NASDAQ: PYCR) provides software for small businesses to manage their payroll and HR needs in one place. Paycor reported revenues of $180.4 million, up 13.1% year on year. This number beat analysts' expectations by 1.9%. However, it was a slower quarter as it logged a significant miss of analysts' EBITDA estimates. The stock is up 1.6% since reporting and currently trades at $22.49. Read our full, actionable report on Paycor here, it's free. Created from the merger of two small workforce management companies in 2007, Asure (NASDAQ:ASUR) provides cloud based payroll and HR software for small and medium-sized businesses (SMBs). Asure reported revenues of $30.79 million, up 17.2% year on year. This print met analysts' expectations. Aside from that, it was a slower quarter as it produced EBITDA guidance for next quarter missing analysts' expectations. The stock is down 3.8% since reporting and currently trades at $9.32. Read our full, actionable report on Asure here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
