Unemployment rate steady, wages rise: ASX tracking 2.4% lower at noon

Unemployment rate steady, wages rise: ASX tracking 2.4% lower at noon

15 Aug 2019 - The ASX dropped at the open following a plunge in the US markets overnight. It is now tracking 2.14% lower at noon. Treasury Wine Estates (ASX:TWE) shares have soared after it reported NPAT up 16% on the pcp. Packaging manufacturer m...
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ASX gains for 4th week, Financials rise 2.7% this week: Aus shares gain 0.2% Friday, 0.3% on week

ASX gains for 4th week, Financials rise 2.7% this week: Aus shares gain 0.2% Friday, 0.3% on week

13 Sep 2019 - Aussie shares gain 22pts/0.3% on week. Westpac (ASX:WBC) shares hit a new year high yesterday $29.97. Rural Funds Group (ASX:RFF) files legal proceedings against Bonitas Research in NSW Supreme Court. JB Hi-Fi (ASX:JBH) shares hit a ...
Healthia (ASX:HLA) FY19 results & outlook

Healthia (ASX:HLA) FY19 results & outlook

13 Sep 2019 - Healthia Limited (ASX:HLA) Group CEO & Managing Director, Wesley Coote and Chairman, Dr Glen Richards talk about the company's FY19 results and its model of acquiring podiatry and physiotherapy clinics.
ECB cuts rates and introduces QE, Trump wants a trade deal: Aus shares rise for 3rd day, up 0.2% noo

ECB cuts rates and introduces QE, Trump wants a trade deal: Aus shares rise for 3rd day, up 0.2% noo

13 Sep 2019 - Aussie shares rise as expected on ECB rate cut to -0.5% plus introducing €20b pm in QE. Trump wants full agreement to trade deal. Credit Corp (ASX:CCP) shares trade at new all-time high, Orica (ASX:ORI) at multi-year high. Westpac (A...
Rural Funds Management launch Bonitas litigation

Rural Funds Management launch Bonitas litigation

13 Sep 2019 - Rural Funds Management, as responsible entity for the Rural Funds Group (ASX:RFF) has today issued legal proceedings against Bonitas Research LLC and its principal, Matthew Wiechert.
JB Hi-Fi predict FY20 sales at $7.25 billion

JB Hi-Fi predict FY20 sales at $7.25 billion

13 Sep 2019 - JB Hi-Fi (ASX:JBH) released their annual report today showing statutory NPAT of $249.8 million, that's 7.1 per cent of underlying growth.
The ALE Property Group appoint new non-executive director

The ALE Property Group appoint new non-executive director

13 Sep 2019 - The ALE Property Group (ASX:LEP) have appointed Bernard Stanton as a non-executive director with effect from today.
Proposal for Virgin Australia and Virgin Atlantic cooperation

Proposal for Virgin Australia and Virgin Atlantic cooperation

13 Sep 2019 - The ACCC has issued a draft determination proposing to authorise Virgin Australia (ASX:VAH) to more closely cooperate with Virgin Atlantic on flights between Australia and the UK and Ireland, via Hong Kong, Los Angeles and any other ...
Senex Energy completes sale of Roma North gas facility

Senex Energy completes sale of Roma North gas facility

13 Sep 2019 - Senex Energy (ASX:SXY) has sold its Roma North gas processing facility and pipeline to major energy infrastructure operator Jemena for $50 million.
CIMIC Group’s Thiess secures an extension to its $1.3b contract with Coronado

CIMIC Group’s Thiess secures an extension to its $1.3b contract with Coronado

13 Sep 2019 - CIMIC Group’s (ASX:CIM) global mining services provider, Thiess, has been awarded a six-year $1.3 billion contract extension by Coronado Global Resources to provide mining services at the Curragh Mine in Queensland.
Trump delays Chinese tariffs: ASX poised to open higher

Trump delays Chinese tariffs: ASX poised to open higher

13 Sep 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. Stocks on Wall Street rose yesterday. Earlier this week President Donald Trump agreed to delay an additional increase in tariffs on Chinese good...
Westpac and NAB hit 12-month highs: ASX closed 0.3% higher

Westpac and NAB hit 12-month highs: ASX closed 0.3% higher

12 Sep 2019 - It has been a positive day of trade for the ASX. After opening in the black the local bourse managed to maintain closing 0.3% higher. The banks did well today - Westpac (ASX:WBC) shares rose to their highest level in over a year. Com...
MLC on generating returns for clients in a challenging investment environment

MLC on generating returns for clients in a challenging investment environment

12 Sep 2019 - MLC Chief Investment Officer Jonathan Armitage speaks with MLC Research Manager Rebecca Collins about MLC's use of a range of asset classes to improve returns and diversification across its portfolios in what looks to be a challengin...
Monthly economic update with MLC, August 2019

Monthly economic update with MLC, August 2019

12 Sep 2019 - MLC Senior Economist Bob Cunneen speaks to MLC Portfolio Specialist Sinead Rafferty about share market volatility in August on the back of an escalation in trade tensions and the prospect of more cuts in interest rates.
Agrium given greenlight for Ruralco takeover

Agrium given greenlight for Ruralco takeover

12 Sep 2019 -Ruralco (ASX:RHL) is pleased to announce that the Federal Court of Australia has today made orders approving the proposed scheme of arrangement between Ruralco and its shareholders, to which Agrium Australia will acquire all of the sh...
Northern Star Resources in tenement exchange with Horizon Minerals

Northern Star Resources in tenement exchange with Horizon Minerals

12 Sep 2019 - Horizon Minerals (ASX:HRZ) is pleased to advise that it has reached agreement with Northern Star Resources (ASX:NST) to a tenement exchange in the WA Goldfields for no cash consideration.
Ramsay Health Care Finance Director steps down

Ramsay Health Care Finance Director steps down

12 Sep 2019 - Ramsay Health Care (ASX:RHC) announces that Group Finance Director and Chief Financial Officer Bruce Soden, will step down from his position on the Ramsay Board effective from today.
Oceania Healthcare moves forward with plans for five new buildiings

Oceania Healthcare moves forward with plans for five new buildiings

12 Sep 2019 - Oceania Healthcare (ASX:OCA) has obtained another significant resource consent from Auckland Council for the redevelopment of its Elmwood Village in Auckland.
ACCC will not oppose AIRR rural deal with Elders

ACCC will not oppose AIRR rural deal with Elders

12 Sep 2019 - The ACCC will not oppose the proposed acquisition of rural wholesale buying group Australian Independent Rural Retailers by Elders (ASX:ELD).
Synlait sees profit rise 10%, below expecation

Synlait sees profit rise 10%, below expecation

12 Sep 2019 - Synlait (ASX:SM1) today announced its financial result for the 12 months ended 31 July 2019 net profit increased 10 per cent to $82.2 million.
Ausbil Global Resources Fund

Ausbil Global Resources Fund

12 Sep 2019 - Ausbil Global Resources Fund Portfolio Managers, Luke Smith and James Stewart, introduce the fund, the return characteristics of global resources companies and why iron ore remains strong.
Apple gives Wall St a boost: ASX poised to open higher

Apple gives Wall St a boost: ASX poised to open higher

12 Sep 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. The NASDAQ had a huge boost yesterday on Wall Street, hitting the highest level since July. Mainly due to Apple showing new pricing. Compulsory ...
Consumer sentiment falls in September: ASX tracking 0.2% higher at noon

Consumer sentiment falls in September: ASX tracking 0.2% higher at noon

11 Sep 2019 - The ASX rose at the open and after an earlier push is now tracking 0.2% higher at noon. Unibail Rodamco Westfield (ASX:URW) is the index's best performer so far, up over 6%. The Materials sector is leading the way and the Infotech se...
Sundance Energy to list in the US

Sundance Energy to list in the US

1 Sep 2019 - Sundance Energy Australia (ASX:SEA) has decided to re-domicile from Australia to the United States via a proposed Scheme of Arrangement which is subject to shareholder, judicial and regulatory approvals.
APN Funds Management buys Queensland warehouse

APN Funds Management buys Queensland warehouse

11 Sep 2019 - APN Funds Management (ASX:ADI), as Responsible Entity and Manager of APN Industria REIT is pleased to announce the acquisition of a Queensland warehouse for $18.34 million, representing an initial yield of 8 per cent.