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UK election boosts the Australian market: ASX closed 0.5% higher
13 Dec 2019 - It has been a positive day of trade for the Australian share market the local bourse managed to close 0.5% higher. Stocks with significant UK businesses enjoyed gains such as Virgin Money UK (ASX:VUK) after exit polls in the UK elect...
UK exit polls suggest a Boris Johnson win: ASX tracking 0.4% higher at noon
13 Dec 2019 - The ASX rose at the open and is now tracking 0.4% higher at noon. Stocks with significant UK businesses enjoyed gains such as Virgin Money UK (ASX:VUK) after exit polls in the UK election point to a Boris Johnson majority. Medical de...
Infratil (ASX:IFT) downgrades earnings
13 Dec 2019 - Infrastructure investment company, Infratil (ASX:IFT), has reduced its full year underlying EBITDAF from continuing operations by $74 million as a result of the sale of Snowtown 2.
Next Science (ASX:NXS) granted its first acne-related patent
13 Dec 2019 - The US Patent Office has granted Biotech company Next Science (ASX:NXS) a patent for the application of Next Science’s unique Xbio technology in its Acne gels and creams.
Graham Smith retires from Xero (ASX:XRO) board
13 Dec 2019 - Cloud-based admin helper Xero (ASX:XRO) announced today that Graham Smith will retire from the board, stepping down as chair.
Citadel Group (ASX:CGL) extends Auslab agreement
13 Dec 2019 - The Citadel Group (ASX:CGL) has signed an extension for Auslab to continue to operate for Queensland Health through to 2029.
UK polls to determine Brexit approach: Aus shares to open higher
13 Dec 2019 - The Australian share market is poised to open higher following positive leads from the US. Wall Street surged to fresh record highs overnight on news that US negotiators have reached the terms of a phase-one trade deal with China. Fu...
Mount Gibson Iron (ASX:MGX) appoints new executive director
13 Dec 2019 - The board of Mount Gibson Iron (ASX:MGX) has appointed Ding Rucai as a non executive director.
Adriatic Metals (ASX:ADT) lists on London Stock Exchange
13 Dec 2019 - Adriatic Metals (ASX:ADT) began trading on the London Exchange's Main Market overnight.
All four banks weigh on the market: The ASX closed 0.7% lower
12 Dec 2019 - The ASX took a dip at the open and failed to gain momentum throughout the day, closing 0.7% lower. Westpac (ASX:WBC) shares dropped today after its annual general meeting, the other three banks also took a hit weighing on the market....
Redbubble (ASX:RBL) share price crashes: ASX tracking 0.6% lower
12 Dec 2019 - The ASX took a dip at the open and continued to fall throughout the morning. They are now tracking 0.6% lower at noon. Webjet (ASX:WEB) shares have dropped and Redbubble (ASX:RBL) shares took a huge fall today after the company revis...
Westpac (ASX:WBC) ‘truly sorry’ over issues raised by AUSTRAC
12 Dec 2019 - Embattled bank Westpac (ASX:WBC) has kicked of its AGM in Sydney this morning with Chairman Lindsay Maxsted saying the board is deeply distressed in the wake of civil proceedings brought against the bank by AUSTRAC.
Downer (ASX:DOW) wins $520m Logan City Council contract
12 Dec 2019 - Downer EDI (ASX:DOW) has won a five-year contract, valued at approximately $520 million, to plan, design and deliver water and wastewater infrastructure for Logan City Council (LCC).
Atls Arteria (ASX:ALX) sucessfully completes $1.35b raising
12 Dec 2019 - Toll road operator, Atlas Arteria (ASX:ALX) has successfully completed its A$1.35 billion equity raising including the fully underwritten 4 for 21 pro-rata accelerated non-renounceable entitlement offer.
Charter Hall (ASX:CHC) launches $350m equity raising to fund property acquisitions
12 Dec 2019 - Charter Hall (ASX:CHC) will launch an equity raising of about $350 million to fund a number of property acquisitions worth $619 million.
Fed signals no rate hikes in 2020: Aus shares to open lower
12 Dec 2019 - The local share market looks set to open lower this morning despite stocks closing slightly higher on Wall Street yesterday after the Federal Reserve signalled it is not likely to increase rates in 2020.
SEEK (ASX:SEK) successfully prices A$150m floating rate subordinated note Issuance
12 Dec 2019 - Employment platform SEEK (ASX:SEK) will issue A$150 mIllion of Floating Rate Subordinated Notes with a quarterly coupon of 3 month BBSW + 3.70 per cent.
Macquarie Group (ASX:MQG) announces S&P ratings upgrade
12 Dec 2019 - S&P Global Ratings have upgraded the long-term issuer credit ratings for Macquarie Group (ASX:MQG), Macquarie Bank (ASX:MBL) and other Macquarie entities.
Shares in Webjet (ASX:WEB) fly after media speculation response: ASX closed 0.7% higher
12 Dec 2019 - It has been a positive day of trade for the ASX the local bourse managed to close 0.7% higher after a strong afternoon rally. Webjet (ASX:WEB) rose almost 10% after dismissing media speculation that it was a takeover target. IMF Beth...
Westpac-MI consumer sentiment drops 1.9%: ASX is tracking 0.2% higher at noon
12 Dec 2019 - The ASX has risen at the open despite weak leads from Wall Street. It is now tracking 0.2% higher at noon. Shares in Webjet (ASX:WEB) went up today after they responded to media speculation surrounding expressions of interest in the ...
Calix (ASX:CXL) buys IER, a US supplier of Magnesion Hydroxide Liquid
12 Dec 2019 - Calix (ASX:CXL) has acquired Inland Environmental Resources Inc., a US supplier of Magnesium Hydroxide Liquid (MHL).
Centuria Industrial REIT (ASX:CIP) buys Arnott's properties in Queensland
12 Dec 2019 - Centuria Industrial REIT (ASX:CIP) has acquired two industrial assets via a sale and leaseback with biscuit maker Arnotts for $236 million.
Senex (ASX:SXY) and Orora (ASX:ORA) in a long-term gas sales agreement
12 Dec 2019 - Senex Energy (ASX:SXY) today announced an expansion of its natural gas sales agreement with leading manufacturer Orora (ASX:ORA), agreeing to supply 13.2 petajoules of natural gas from Project Atlas.
The Board of GrainCorp (ASX:GNC) has appointed a new MD and CEO
12 Dec 2019 - The Board of GrainCorp (ASX:GNC) has appointed Robert Spurway as Managing Director and CEO after completion of the planned demerger of the Company’s Malt business in early 2020.