‘Phase 1’ deal between US and China brings optimism: ASX to open higher

‘Phase 1’ deal between US and China brings optimism: ASX to open higher

14 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. A partial trade deal was secured between China and the US bringing optimism to the markets. London-listed equities exposed to the domestic econo...
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Banks down as Westpac (ASX:WBC) is accused of breaching anti-money laundering laws: ASX closed 1.4%

Banks down as Westpac (ASX:WBC) is accused of breaching anti-money laundering laws: ASX closed 1.4%

20 Nov 2019 - It has been a negative day of trade for the ASX closing 1.4% lower. Banks were hit hard today after Westpac (ASX:WBC) reported that AUSTRAC had applied to the Federal Court for civil penalty orders to be made in relation to anti-mone...
Aristocrat Leisure (ASX:ALL) profit jumps up: ASX tracking 1.1% lower at noon

Aristocrat Leisure (ASX:ALL) profit jumps up: ASX tracking 1.1% lower at noon

20 Nov 2019 - The ASXt drifted lower at the open following soft leads from Wall Street and is now tracking 1.1% lower at noon. TechnologyOne (ASX:TNE) shares are on the rise today after a dip yesterday after reporting a strong increase in profit. ...
MACA (ASX:MLD) wins $480 Ravensthorpe contract

MACA (ASX:MLD) wins $480 Ravensthorpe contract

20 Nov 2019 - Contractor MACA (ASX:MLD) has received a letter of award from First Quantum Minerals for open pit mining services at the Ravensthorpe nickel project in southern Western Australia.
Webjet (ASX:WEB) expects profit growth in 2020

Webjet (ASX:WEB) expects profit growth in 2020

20 Nov 2019 - Webjet (ASX:WEB) is expecting underlying adjusted operating profit in a range of $157 million to $167 million for financial year 2020.
Ausbil Active Sustainable Equity Fund

Ausbil Active Sustainable Equity Fund

20 Nov 2019 - Ausbil Investment Management Chief Investment Officer, Paul Xiradis and Ausbil Head of ESG Research, Måns Carlsson-Sweeny, provide an update on the Ausbil Active Sustainable Equity fund’s performance, talk about what the fund looks f...
Rio Tinto (ASX:RIO) says Mongolian mine agreements are legal

Rio Tinto (ASX:RIO) says Mongolian mine agreements are legal

20 Nov 2019 - Rio Tinto (ASX:RIO) today notes Administrative Court proceedings in Mongolia with regard to a lawsuit initiated by the Darkhan Mongol Nogoon Negdel Non-Governmental Organization (NGO) relating to the Government of Mongolia’s process ...
Westpac Group (ASX:WBC) see the start of civil proceedings by AUSTRAC

Westpac Group (ASX:WBC) see the start of civil proceedings by AUSTRAC

20 Nov 2019 - Westpac Group (ASX:WBC) has this morning received a statement of claim from AUSTRAC, starting civil proceedings in relation to alleged contraventions of Westpac’s obligations under the AntiMoney Laundering and Counter-Terrorism Finan...
Trump threatens higher tariffs if China deal doesn’t go through: ASX set to open lower

Trump threatens higher tariffs if China deal doesn’t go through: ASX set to open lower

20 Nov 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. This comes after President Donald Trump threatened higher tariffs on Chinese goods if a trade deal didn't eventuate. The Aussie dollar clawed back af...
Wagners (ASX:WGN) completes entitlement offer

Wagners (ASX:WGN) completes entitlement offer

20 Nov 2019 - Construction company Wagners (ASX:WGN) has successfully completed its entitlement offer.
Medusa Mining (ASX:MML) will not proceed to next phase with Ellenkay Gold

Medusa Mining (ASX:MML) will not proceed to next phase with Ellenkay Gold

20 Nov 2019 - Medusa Mining (ASX:MML) says that after evaluating all results from the first round of exploration and drilling at the Hill 212 and Mt Clark West projects in Central Queensland, the Company has elected not to proceed to the next phas...
Infotech falls as some tech companies release their fiscal year results: ASX closes 0.7% higher

Infotech falls as some tech companies release their fiscal year results: ASX closes 0.7% higher

19 Nov 2019 - It has been a mostly positive day of trade for the Australian share market. After a small dip after the first hour of trade, the local bourse managed to close 0.7 per cent higher.
TechnologyOne (ASX:TNE) shares drop despite posting profit increase: ASX tracking 0.04% higher at no

TechnologyOne (ASX:TNE) shares drop despite posting profit increase: ASX tracking 0.04% higher at no

19 Nov 2019 - The ASX rose at the open only to dip in the first hour of trade and is now tracking 0.04% higher at noon. The A2 Milk (ASX:A2M) company lifted its earnings margin forecast and saw their shares rise this morning. The Takeovers Panel h...
Redcape Hotel Group (ASX:RDC) - owner & operator

Redcape Hotel Group (ASX:RDC) - owner & operator

19 Nov 2019 - Redcape Hotel Group Limited (ASX:RDC) CEO, Dan Brady discusses FY19 results, company strategy and creating pub venues that become the hub of local communities.
a2 Milk (ASX:A2M) lifts earnings guidance

a2 Milk (ASX:A2M) lifts earnings guidance

19 Nov 2019 - A2 Milk (ASX:A2M) as lifted its earnings margin forecast to 29 to 30 per cent for 2020 financial year ahead of its previous guidance of 28.2 per cent.
Technology One (ASX:TNE) posts 50% increase in profit

Technology One (ASX:TNE) posts 50% increase in profit

19 Nov 2019 - Software company, TechnologyOne (ASX:TNE) has posted a 50 per cent increase in profit to $76.4 million for the financial year ending 30 September 2019.
Mayne Pharma (ASX:MYX) to extend range of dermatology products with licensing of $US40m drug

Mayne Pharma (ASX:MYX) to extend range of dermatology products with licensing of $US40m drug

19 Nov 2019 - Mayne Pharma (ASX:MYX) will extend its range of dermatology products through the licensing of a generic topical dermatology product from Encube Ethicals which is a leading developer and manufacturer of topical formulations to distrib...
Kogan (ASX:KGN) gross sales exceed half a billion dollars

Kogan (ASX:KGN) gross sales exceed half a billion dollars

19 Nov 2019 - Kogan (ASX:KGN) has kicked off its AGM in Melbourne with Chairman Greg Ridder hi lighting the company’s accelerated growth of the exclusive brands product division, achieving 41.6 per cent growth in revenue on FY18 and Kogan Mobile g...
Wall St closes little changed: Aus shares to open flat

Wall St closes little changed: Aus shares to open flat

19 Nov 2019 - The local sharemarket is poised to open flat following a quiet session on Wall Street on Monday. In the US stocks reached fresh records but pared back to close the session little changed. The technology sector posted some of the bigg...
Adelaide Brighton (ASX:ABC) increases borrowing limits to $900m

Adelaide Brighton (ASX:ABC) increases borrowing limits to $900m

19 Nov 2019 - Building construction firm Adelaide Brighton Ltd (ASX:ABC) has extended the maturity of its debt and increased its committed borrowing limits from A$715 million to A$900 million.
Abacus Property Group (ASX:ABP) and Charter Hall’s takeover of Australian Unity Office fund abandone

Abacus Property Group (ASX:ABP) and Charter Hall’s takeover of Australian Unity Office fund abandone

19 Nov 2019 - Abacus Property Group (ASX:ABP) and Charter Hall’s plans to purchase the Australian Unity Office Fund will not go ahead.
Prospa sinks on profit downgrade: Aus shares close 0.4% lower

Prospa sinks on profit downgrade: Aus shares close 0.4% lower

18 Nov 2019 - Its been a softer start to the week for the Australian sharemarket despite a strong lead in from Wall Street. There were losses across the board with 8 out of 10 sectors in the red led by utilities which was down over 1 per cent. Fin...
Imugene Limited (ASX: IMU) completes OV acquisition: Aus shares 0.6% lower at noon

Imugene Limited (ASX: IMU) completes OV acquisition: Aus shares 0.6% lower at noon

18 Nov 2019 - Australian share market dipped on open despite ‘constructive discussions’ regarding the phase-one China and US trade deal between negotiators. Imugene Limited (ASX: IMU) has completed the acquisition of its Oncolytic Virus.
Moelis Australia (ASX:MOE) to acquire The Beach Hotel, Byron Bay

Moelis Australia (ASX:MOE) to acquire The Beach Hotel, Byron Bay

18 Nov 2019 - Moelis Australia (ASX:MOE) has entered into an agreement to acquire The Beach Hotel, Byron Bay.
Avita Medical (ASX:AVH) CFO appointment

Avita Medical (ASX:AVH) CFO appointment

18 Nov 2019 - Avita Medical (ASX:AVH) has appointed Mr David McIntyre as Chief Financial Officer.