Yearly Archives - 2020

East 33 (ASX:E33) to list on ASX

27 Nov 2020 - East 33 Limited (ASX:E33) Co-founder and Executive Chairman James Garton talks about the company's dominant position as a supplier and distributor of Sydney Rock Oysters, ambitions ahead of its listing on the ASX and the potential of the world-class Sydney Rock Oyster as a luxury food alongside French Champagne or Beluga Caviar.

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GetSwift (ASX:GSW) Federal Court hearing today: Aus shares to open modestly lower

27 Nov 2020 - Australian shares are set to open slightly lower, following a quiet night of international trade due to the closure of US markets for the Thanksgiving holiday and UK markets ending relatively flat. The Federal Court of Australia will hold a second hearing at 11am today, for the proposed scheme of arrangement between logistics software company GetSwift (ASX:GSW) and its shareholders.

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Financial sector weighs on the market: ASX closed 0.7% lower

26 Nov 2020 - The ASX opened lower this morning and failure to gain moment closing 0.7% lower. Technology One Limited (ASX:TNE) was the best performing stock. Meanwhile, shares in Virgin Money UK (ASX:VUK) have dropped over 11 per cent after the withdrawal of financial targets planned for 2022.

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September quarter capex falls 3%: ASX tracking 0.1% lower at noon

26 Nov 2020 - The ASX opened lower and is now tracking 0.1% lower at noon. Harvey Norman (ASX:HVN) shares have shot up after reporting a 160.1% increase in profit before tax between July 1 and October 31. Meanwhile, shares in Virgin Money UK (ASX:VUK) have dropped after they withdrew their finance year 2022 targets.

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Global rally paused: ASX poised to open lower

26 Nov 2020 - The ASX looks set to open lower this morning as the global rally slows. Vaccine hopes had bolstered markets over the past week. More than 60 million cases of coronavirus have been recorded worldwide since the pandemic began — with 30,000 more expected to die in the US by Christmas. Oil prices lifted overnight against a weakening US dollar and a surprise decline in US crude stocks. Jumbo Interactive (ASX:JIN) secures gambling commission software...

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Virgin Money UK (ASX:VUK) withdraws FY22 targets

26 Nov 2020 - Virgin Money UK (ASX:VUK) report statutory loss after tax of £141 million - this is inclusive of £292 million of exceptional items, including £139 million of integration transformation costs, £113 million of acquisition accounting unwind and £26m of conduct charges.

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