Yearly Archives - 2020

Gold sees fresh monthly lows: ASX set to open lower

24 Sep 2020 - The ASX looks set to drop this morning as the S&P 500, the Dow and the Nasdaq all closed lower. Tesla is suing the US government over the Trump administration’s tariffs on parts Tesla imports from China to manufacture its electric cars. NZ energy company Mercury (ASX:MCY) has revised its FY2021 EBITDAF guidance from $515m to $505m.

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Preliminary retail sales fall 4.2% in August: ASX closed 2.4% higher

23 Sep 2020 - The ASX rose at the open and continued a steady pace higher throughout the trading day to close 2.4% higher. Shares in Flight Centre Travel Group (ASX:FLT) clawed their way higher today – perhaps because of the relaxing of some Queensland border restrictions. Shares in Ramelius Resources (ASX:RMS) closed over 7% lower. The Supreme Court of WA has today made orders approving OZ Minerals (ASX:OZL) to acquire 100% of the shares in Cassini Resources.

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Myer Holdings (ASX:MYR) to reduce its board numbers

23 Sep 2020 - Myer Holdings (ASX:MYR) today announced that Non-Executive Directors Lyndsey Cattermole AM and Julie Ann Morrison have decided to retire as Non-Executive Directors at the 2020 Annual General Meeting, and do not intend to seek re-election.

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Sezzle (ASX:SZL) partners with Ally Lending

23 Sep 2020 - Installment payments platform, Sezzle, (ASX:SZL) is pleased to announce its business partnership with Ally Lending, the B2B2C lending arm of Ally Bank, the banking subsidiary of Ally Financial (NYSE:ALLY).

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Nufarm (ASX:NUF) reports $456 million loss

23 Sep 2020 - Nufarm (ASX:NUF) today reported a statutory net loss after tax for financial year 2020 of $456 million and underlying earnings before interest, tax, depreciation and amortisation from continuing operations of $236 million.

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AUD falls for a second session: ASX poised for a rebound

23 Sep 2020 - The ASX looks set to rebound morning as the S&P 500, the Dow and the Nasdaq all closed higher as optimism lifted over potential for US unemployment to fall. The UK is set to bring in new measures tomorrow in the fight against Covid-19. Hospitality businesses must close by 10 pm, the use of facemasks is to be extended and the number of people allowed to attend weddings has been reduced to 15. The Aussie...

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