Lovisa (ASX:LOV) temporarily shuts stores in Australia, NZ and South Africa
26 Mar 2020 - Jewellery store Lovisa (ASX:LOV) has decided today to temporarily shut stores in Australia, New Zealand and South Africa.
26Mar
26Mar
US stimulus package cause markets to rise for a second day: ASX set to open high
26 Mar 2020 - As the US markets pared their gains, the ASX looks set to open higher this morning. The Dow has jumped in the last two days as the White House and congressional leaders said they had agreed to a $2 trillion stimulus bill to combat the economic slowdown from the coronavirus pandemic. Equities advanced in Europe and on the commodities front, oil has up slightly and gold has dropped over $25. New Zealand electricity company Mercury’s...
25Mar
Market lifts on US stimulus agreed of $US2 trillion: ASX closed 5.5% higher
25 Mar 2020 - It has been a positive day of trade for the ASX after rising at the open it managed to stay in positive territory closing 5.5% higher. Qantas (ASX:QAN) shares rose after securing $1.5 billion in debt funding. New Zealand sanitiser manufacturer Zoono Group (ASX:ZNO) has entered into an Exclusive Distribution Agreement with Al Rabban Capital for the distribution in the Middle East and North Africa.
25Mar
Qantas secures $1.5b in debt funding: ASX tracking 3.5% higher at noon
25 Mar 2020 - The ASX shot up at the open and is now tracking 3.5% higher at noon. Prime Minister Scott Morrison announced that a COVID-19 coordination commission has been established, which will be headed up by former Fortescue Metals Group chief executive Neville Power. The Qantas Group (ASX:QAN) has completed a new round of debt funding, securing $1.05 billion in additional liquidity.
25Mar
The Star Entertainment Group (ASX:SGR) stand down 90% of their employees
25 Mar 2020 - The Star Entertainment Group (ASX:SGR) are in the process of temporarily standing down over 90 per cent of their approximately 9,000 employees.
25Mar
Wesfarmers (ASX:WES) keeps Bunnings, Kmart, Target and Officeworks open
25 Mar 2020 - Wesfarmers (ASX:WES) report today Bunnings, Kmart, Target and Officeworks stores across Australia are operating under standard or near-standard trading hours and operations continue in the Group’s industrial businesses.
25Mar
Nufarm (ASX:NUF) reports first half loss $122 million
25 Mar 2020 - Chemicals and fertiliser business Nufarm (ASX:NUF) has reported its net loss for the first half of 2020 of $122 million compared to the first half of 2019 where it was $14 million.
25Mar
Dominos Pizza (ASX:DMP) closes all New Zealand stores
25 Mar 2020 - Domino’s Pizza (ASX:DMP) will close its New Zealand stores for 4 weeks from Thursday.
25Mar
The Dow jumps up on hopes of coronavirus stimulus package: ASX poised to open higher
25 Mar 2020 - The ASX looks set to open higher. The Dow rebounded more than 11% in its best day since 1933. The rise comes as US Congress battles out a coronavirus stimulus deal. Meanwhile, US President Donald Trump says he wants to reopen the US economy by Easter. Back home economists report that we could see house prices plummet by 20%. Fletcher Building (ASX:FBU) says there has been no material disruption to our manufacturing, distribution, residential...
24Mar
GrainCorp (ASX:GNC) plummets almost 60%: Aus shares close 4.2% higher
24 Mar 2020 - It's been a relatively positive day of trade for the Australian share market, closing 4.2 per cent up. Santos' (ASX:STO) South African Energy Coal and Aluminium operations ordered into lockdown.