10 Aug 2020 - It has been a positive day of trade for the Australian share market with the local bourse inclining steadily throughout the day to close in the green 1.8% higher. The banks led the pack and a long list of companies traded at record highs on the back of their investor updates, including Mesoblast. Kogan, Ansell, Sonic Healthcare, NextDC and Adairs. PAS Group (ASX:PGR) announced today it will sell its iconic Australian JETS Swimwear business to...
10 Aug 2020 - The Australian share market lifted at the open as financial year reports roll in and is now tracking 1.2 per cent higher at noon. Banks and REITs have lifted while miners are lacking, but all sectors are in the green by noon. Sigma Healthcare (ASX:SIG) has executed contracts to sell two distribution centres for $172 million.
10 Aug 2020 - GPT Group (ASX:GPT) reports a $519.1 million loss for the first half of the year, impacted by the uncertainty of the current economic climate.
10 Aug 2020 - Bedding company Adairs (ASX:ADH) reports a 19% lift in FY2020 net profit after tax of $35.3 million compared to a year ago.
10 Aug 2020 - Aurizon (ASX:AZJ) reports a 28% increase in net profit to $605 million as the rail freight operator launches a $300 million buyback.
10 Aug 2020 - Kogan.com (ASX:KGN) has added 126,000 new customers in July, bringing its active customer base to more than 2.3 million.
10 Aug 2020 - Following mixed leads from Wall Street, the Australian share market looks set to start the week in the green. The greenback bounced on the back of better-than-expected US job growth. Charter Hall Long WALE REIT (ASX:CLW) reported a 72% rise in operating earnings to $121.9 million in its full-year results on Friday. Insurance Australia Group (ASX:IAG) delivered a net profit result of $435 million for FY2020, down 60% on the previous year.
07 Aug 2020 - The ASX dropped in early trade and tracked sideways for most of the afternoon despite gains on Wall Street overnight and strong prices for gold and iron ore. The Reserve Bank of Australia warns that the Australian economy will take longer to recover that previously anticipated. 4DMedical (ASX:4DX) floated today with an impressive bang. Eligibility requirements for the JobKeeper extension are being relaxed to make it easier for businesses and staff to qualify. The changes...
07 Aug 2020 - Australian Banking Association CEO, Anna Bligh discusses how the banking sector is responding to COVID-19 and what customers can expect from the new banking code.
07 Aug 2020 - The Australian share market is down 0.4 per cent this morning after the Reserve Bank of Australia downgraded its forecasts for global GDP and Australian employment. Credit Suisse rates Centuria Office REIT (ASX:COF) as an Outperform, with a 12-month price target of $2.14. Worley (ASX:WOR) has been awarded a master construction services agreement by Corpus Christi Liquefaction LLC.