Wesfarmers drop Lynas bid: ASX poised to open lower

Wesfarmers drop Lynas bid: ASX poised to open lower

23 Aug 2019 - Australian shares are poised to edge lower at the open following mixed leads from Wall Street. Tech stocks saw a slide offsetting a rally in financials. Investors are still anxiously awaiting signals from the Federal Reserve as to wh...
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Northern Star to expand Alaskan gold mine processing plant: ASX closed 0.1 per cent higher

Northern Star to expand Alaskan gold mine processing plant: ASX closed 0.1 per cent higher

16 Sep 2019 - The ASX managed to gain momentum after lunch today rising to close 0.1% higher. Bellamy’s Australia (ASX:BAL) shares were the big story of the day seeing their shares shoot up over 50% after reports the company is to be bought out by...
AdAlta (ASX:1AD) targeting idiopathic pulmonary fibrosis

AdAlta (ASX:1AD) targeting idiopathic pulmonary fibrosis

16 Sep 2019 - AdAlta Limited (ASX:1AD) Executive Chairman, Dr Paul MacLeman talks about the company's collaboration with GE Healthcare.
Bellamy's up over 50% after takeover bid: ASX tracking 0.2% lower at noon

Bellamy's up over 50% after takeover bid: ASX tracking 0.2% lower at noon

16 Sep 2019 - The ASX opened higher after mixed leads from Wall Street, dropped in the first hour of trade, and is now tracking 0.2% lower at noon. Bellamy’s Australia (ASX:BAL) shares have shot up today after reports the company is to be bought o...
Sims shares plunge 15% on 1H FY20 downgrade

Sims shares plunge 15% on 1H FY20 downgrade

16 Sep 2019 - Sims Metal Management (ASX:SGM) has today announced that the recent and significant falls in ferrous and non-ferrous prices will negatively impact 1H FY20 and the result will be materially lower than 1H FY19.
Bellamy’s Australia enters into $1.5b takeover scheme with China Mengniu Dairy Company

Bellamy’s Australia enters into $1.5b takeover scheme with China Mengniu Dairy Company

16 Sep 2019 - Bellamy’s Australia (ASX:BAL) has entered into a Scheme Implementation Deed under which it is proposed that China Mengniu mung- new Dairy Company will acquire 100 per cent of the issued share capital of Bellamy’s via a scheme of arra...
IMF Bentham announces conditional settlement Australian shareholder class action

IMF Bentham announces conditional settlement Australian shareholder class action

16 Sep 2019 - Litigation funder IMF Bentham (ASX:IMF) has today confirmed that it has reached a binding settlement deed in the securities class action against UGL which is conditional only on final approval by the Federal Court of Australia.
iSignthis announces European Patent for PSD2

iSignthis announces European Patent for PSD2

16 Sep 2019 - iSignthis has today announced the European Patent Office (EPO) has issued notice of intention to grant a patent across more than 38 countries .
Aus Tin Mining (ASX:ANW) high-grade exploration results

Aus Tin Mining (ASX:ANW) high-grade exploration results

16 Sep 2019 - Aus Tin Mining Limited (ASX:ANW) CEO, Peter Williams discusses the company’s high-grade exploration results from its northern NSW project, plus how it’s poised to benefit from the rise of ‘critical minerals’ designation.
LBT Innovations (ASX:LBT) FY19 results & outlook

LBT Innovations (ASX:LBT) FY19 results & outlook

16 Sep 2019 - LBT Innovations Limited (ASX:LBT) Managing Director and CEO, Brent Barnes, talks FY19 results and outlook, including adoption of the company's culture plate reading device APAS Independence, the sales process and regulatory approval.
AP Eagers to compulsorily acquire the remaining AHG shares

AP Eagers to compulsorily acquire the remaining AHG shares

16 Sep 2019 - A.P. Eagers (ASX:APE) has today announced that it now holds over 91 per cent interest in Automotive Holdings Group .
Virgin Australia to buy back Velocity stake from Affinity

Virgin Australia to buy back Velocity stake from Affinity

16 Sep 2019 - Virgin Australia (ASX:VAH) today confirmed that it has entered into a term sheet with Affinity to buy back its 35 per cent investment in the Velocity Frequent Flyer program for $700 million.
Wall Street posts mixed finish, investors await Fed’s rate decision: Aus shares to open lower

Wall Street posts mixed finish, investors await Fed’s rate decision: Aus shares to open lower

16 Sep 2019 - Australian shares are set to slip at the open following a mixed finish on Wall Street on Friday. Nine Entertainment’s bid to acquire Macquarie Media (ASX:MRN) has been deemed “fair and reasonable” to shareholders by independent exper...
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...