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...
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Lynas (ASX:LYC) fourth quarter results hit by US-China trade war

Lynas (ASX:LYC) fourth quarter results hit by US-China trade war

21 Oct 2019 - Rare earth’s miner Lynas (ASX:LYC) says continuing US-China trade tensions, while leading to greater interest in Rare Earths, continue to have a negative short term effect on market confidence, particularly in China.
Cromwell (ASX:CMW) appoints two new directors

Cromwell (ASX:CMW) appoints two new directors

21 Oct 2019 - Cromwell Property Group (ASX:CMW) has elected two new directors to the board.
PPK Group (ASX:PPK) FY19 results & outlook

PPK Group (ASX:PPK) FY19 results & outlook

21 Oct 2019 - PPK Group Limited (ASX:PPK) Executive Chairman, Robin Levinson talks about FY19 results, strategy, pickup in the company's key market, and the company's joint venture with Deakin University for Boron Nitrate Nanotubes.
Dow drops more than 250pts to end the week: Aus shares set for soft open

Dow drops more than 250pts to end the week: Aus shares set for soft open

21 Oct 2019 - The local sharemarket looks set to dip at the open after Wall Street fell by up to 1 per cent on Friday. Wisetech Global (ASX:WTC) has rejected the attack on its business by short-selling hedge fund J Capital Research.
Collaborate Corporation (ASX:CL8) drives deal with Hyundai over the line: Aus shares 0.7% higher ove

Collaborate Corporation (ASX:CL8) drives deal with Hyundai over the line: Aus shares 0.7% higher ove

18 Oct 2019 - Over the week, the market has gained 43 points or 0.7%. Stocks fell today as the market came to terms with lower than expected Chinese GDP figures for Q3. Collaborate Corporation’s (ASX:CL8) subsidiary, DriveMyCar, has penned an agre...
Calima Energy (ASX:CE1) - gas play, British Columbia

Calima Energy (ASX:CE1) - gas play, British Columbia

18 Oct 2019 - Calima Energy Limited (ASX:CE1) Managing Director, Alan Stein, talks about the company's strategy, recent capital raising, and results from the drill program at its Montney project.
FCA approves Cardno (ASX:CDD) demerger: Aus shares 0.6% lower at noon

FCA approves Cardno (ASX:CDD) demerger: Aus shares 0.6% lower at noon

18 Oct 2019 - The S&P/ASX200 opened lower despite positive earnings results on Wall street and encouraging movement toward a Brexit deal. It is now tracking 0.6% lower at noon, with every sector down except Communications. The FCA has approved Car...
APRA won’t launch appeal against IOOF (ASX:IFL)

APRA won’t launch appeal against IOOF (ASX:IFL)

18 Oct 2019 - Wealth Manager, IOOF (ASX:IFL) has announced the Australian Prudential Regulation Authority will not appeal the Federal Court's decision to dismiss its case against IOOF after the deadline for the regulator to lodge an appeal passed.
Fluence (ASX:FLC) successfully raises $36 million to underpin growth

Fluence (ASX:FLC) successfully raises $36 million to underpin growth

18 Oct 2019 - Wastewater management company Fluence (ASX:FLC) has finished a successful capital raise of $36 million at a price per share of $0.44 from sophisticated and professional investors.
Sydney Airport (ASX:SYD) traffic rises in September

Sydney Airport (ASX:SYD) traffic rises in September

18 Oct 2019 - Sydney Airport (ASX:SYD) traffic rose 1.4 per cent to 3.65 million in September, with year-to-date traffic down 0.1 per cent to 32.8 million.
St Barbara’s (ASX:SBM) FY20 gold production guidance dips

St Barbara’s (ASX:SBM) FY20 gold production guidance dips

18 Oct 2019 - Gold miner St Barbara (ASX:SBM) has lowered its financial year 20 production guidance for its Western Australian Gwalia mine.
Tassal receives major approvals for stage 3 expansion of Proserpine prawn farm

Tassal receives major approvals for stage 3 expansion of Proserpine prawn farm

18 October 2019 - Tassal Group (ASX:TGR) has received the green light from the Whitsunday regional Council and Queensland State Government for the Company’s Stage 3 expansion plans for its prawn farm located near Proserpine.
Seven West (ASX:SWM) and Prime to merge

Seven West (ASX:SWM) and Prime to merge

18 Oct 2019 - Seven West Media (ASX:SWM) has announced plans to merge with regional affiliate Prime Media and to sell Western Australia radio business Red Wave to Southern Cross Austereo.
Wall Street rises on earnings and Brexit news: Aus shares to defy leads and open lower

Wall Street rises on earnings and Brexit news: Aus shares to defy leads and open lower

18 Oct 2019 - The local sharemarket is set to dip at the open despite positive earnings results on Wall street and news about a Brexit deal. In the US stocks rose on Thursday after upbeat earnings results from companies such as Netflix and Morgan ...
Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

17 Oct 2019 - The ASX dropped at the open and failed to gain momentum closing 0.8% lower. Shares in Wisetech Global (ASX:WTC) slumped today - they have entered into a trading halt pending the release of an announcement on Monday. CIMIC Group compa...
IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

17 Oct 2019 - The ASX dropped at the open and is now tracking 0.4% lower at noon. Shares in IOOF Holdings (ASX:IFL) are on the up after ANZ (ASX:ANZ) reduced the price for the sale of its OnePath Pensions and Investments business and Aligned Deale...
Bank of Queensland (ASX:BOQ) see 14% decline in FY19 cash earnings

Bank of Queensland (ASX:BOQ) see 14% decline in FY19 cash earnings

17 Oct 2019 - Bank of Queensland (ASX:BOQ) reports their financial year 2019 cash earnings after tax of $320 million, is down 14 per cent on financial year 2018.
Alumina Limited (ASX:AWC) show Alcoa's fall in API

Alumina Limited (ASX:AWC) show Alcoa's fall in API

17 Oct 2019 - Alumina Limited (ASX:AWC) have reported on Alcoa Corp’s quarterly earnings release, showing a 17 per cent fall in Alumina Price Index.
ANZ (ASX:ANZ) reduces price on OnePath P&I sale to IOOF

ANZ (ASX:ANZ) reduces price on OnePath P&I sale to IOOF

17 Oct 2019 - ANZ (ASX:ANZ) has reduced the price for the sale of its OnePath Pensions & Investments business and Aligned Dealer Groups to IOOF Holdings (ASX:IFL) from $975 million to $850 million.
Cynata Therapeutics (ASX:CYP) withdraw from acquisition discussions

Cynata Therapeutics (ASX:CYP) withdraw from acquisition discussions

17 Oct 2019 - Biotech company Cynata Therapeutics (ASX:CYP) has decided to withdraw from acquisition discussions with Sumitomo Dainippon Pharma Co.
Santos (ASX:STO) production 7% higher than the second quarter

Santos (ASX:STO) production 7% higher than the second quarter

17 Oct 2019 - Santos (ASX:STO) released their third quarter activities report showing record production and sales volumes and the second highest quarterly sales revenue on record.
IAG (ASX:IAG) agrees sale of 26% interest in SBI General

IAG (ASX:IAG) agrees sale of 26% interest in SBI General

17 Oct 2019 - IAG (ASX:IAG) has agreed to sell the whole of its 26 per cent interest in its joint venture with the State Bank of India, SBI General Insurance Company.
US retail sales decline unexpectedly: ASX poised to open lower

US retail sales decline unexpectedly: ASX poised to open lower

17 Oct 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. Retail sales in the US saw the first decline in seven months – this could bolster potential for a third Federal Reserve interest-rate cut. Gold produ...
Leading Index shows economic growth well below trend: ASX closes 1.3% higher

Leading Index shows economic growth well below trend: ASX closes 1.3% higher

16 Oct 2019 - It has been a positive day of trade for the ASX, closing 1.3% higher. Silverlake (ASX:SLR) and Nearmap (ASX:NEA) shot up today. Shares in the Afterpay Touch Group (ASX:APT) slumped today. Westpac–MI Leading Index is showing economic ...