31 Jul 2020 - The Australian share market opened on shaky ground today following sour economic news in the US. The US Commerce Department announced overnight that US GDP dropped by a record 32.9 per cent (on an annualised basis) in the second quarter, the worst decline on record. The negative sentiment was contagious, with Aussie investors reversing positions today. We saw a broad-based pull back across all of the sectors, with mining losing nearly 3.1 per cent. Credit...
31 Jul 2020 - The Australian share market opened flat following a retreat on Wall Street overnight. The ASX has seen a steady decline over the first 2 hours of trade and is 0.2% lower at midday. The producer price index for the second quarter was better than expected. Victoria has recorded 627 new cases in the past 24 hours and eight deaths. Mining software solution company, RPMGlobal Holdings (ASX:RUL) has today confirmed the successful acquisition of Revolution Mining...
31 Jul 2020 - Woolworths (ASX:WOW) announced its venture capital arm, W23, has converted its $2.95 million convertible bond into 5.9 million CHESS depository interests in meal box delivery company Marley Spoon (ASX:MMM).
31 Jul 2020 - Clean TeQ (ASX:CLQ) will recognise a non-cash write-down of approximately $180 million in its FY2020 results for its Sunrise Project and project-related assets.
31 Jul 2020 - Origin Energy (ASX:ORG) reports a 3% drop in production for the June quarter due to lower demand as a result of the Covid-19 pandemic, seeing an overall decline of 5% in its full-year revenue.
31 Jul 2020 - Super Retail Group (ASX:SUL) expects to report an increase in revenue, earnings and profit for FY2020, with the group reporting sales growth despite the impacts of Covid-19.
31 Jul 2020 - The ASX is pointing towards a weaker start this morning as Wall Street retreated. OceanaGold (ASX:OGC) saw a loss of $US57.4 million for the six months to 30 June.
30 Jul 2020 - The Australian share market shot up at the open and closed 0.7 per cent higher. The Australian dollar has strengthened against the US greenback reaching well over 70 cents. Gold is rallying. As for the sectors, Infotech led the day. Nufarm (ASX:NUF) is please to report Canadian regulatory authorities have approved Nufarm's propriety Nuseed Omega-3 Canola.
30 Jul 2020 - The ASX shot up at the open and is now tracking almost 0.7% higher at noon. Utlities the only sector making losses so far today. Victoria has reported 723 new coronavirus cases meanwhile NSW has 18 new cases today. Dexus (ASX:DXS) will sell six industrial properties to Dexus Australia Logistics Trust for $269.4 million.
30 Jul 2020 - Commonwealth Bank (ASX:CBA) has announced a new $300 million provision being made to pay remediation to customers for problematic financial advice highlighted by the Hayne royal commission, including charging fees for no service and providing inappropriate advice.