NAB (ASX:NAB) agrees to sell its MLC Wealth business to IOOF for $1.44 billion
31 Aug 2020 - NAB (ASX:NAB) is set to sell its MLC Wealth business to IOOF for $1.44 billion.
31Aug
31Aug
AGL (ASX:AGL) to buy Click Energy for $115 million
31 Aug 2020 - AGL Energy (ASX:AGL) has entered into a binding agreement for the acquisition of Click Energy Group, a wholly owned subsidiary of amaysim Australia, for $115 million.
31Aug
Sealink (ASX:SLK) posts $13.5 million loss but will still pay dividend
31 Aug 2020 - Sealink Travel Group (ASX:SLK) has posted a $13.5 million loss for the 2020 financial year compared to a statutory Net Profit After Tax of $21.5 million for the year earlier period.
31Aug
Aus shares to start the week lower: IOOF to acquire NAB’s wealth business
31 Aug 2020 - The local market is expected to start the week lower as earnings season comes to a close. The reporting season has been the worst since the last recession in terms of earnings, the focus on earnings has also led to underperformance in the ASX which is lagging behind Wall Street, with the S&P500 and the Nasdaq both hitting record highs on Friday. All eyes will be on IOOF (ASX:IFL) today following media reports in...
31Aug
Acorn Capital on successful investing in junior resource stocks
31 Aug 2020 - Acorn Capital Resources and Energy Analyst Karina Bader talks about junior resource companies and how investors can try to make money as the companies move from explorers to developers to producers.
28Aug
Market wraps 0.9% lower: Down 0.6% over week
28 Aug 2020 - The ASX retreated during the first half of the session. It recovered some ground over the afternoon but left the run a little late finishing 0.9 per cent lower for the day. Credit Suisse has upgraded IGO (ASX:IGO) to an Outperform, with a 12-month price target of $4.35.
28Aug
VRX Silica (ASX:VRX) – silica sand developer
28 Aug 2020 - VRX Silica Limited (ASX:VRX) Managing Director, Bruce Maluish provides an update on the company's silica sand projects, the market for silica sand, and timelines.
28Aug
Tech stocks drag ASX lower: Aus shares down 0.9% at noon
28 Aug 2020 - After a marginal rise at the open, the ASX200 sunk throughout the morning and is trading 0.9 per cent lower at noon. Surprisingly, the Information Technology sector is leading the losses. Village Roadshow (ASX:VRL) has reported a net loss after tax of $122.6 million, after revenue dropped on Covid woes.
28Aug
Harvey Norman (ASX:HVN) profit up 19%
28 Aug 2020 - Harvey Norman (ASX:HVN) has announced a 19% rise in reported net profit after tax (and NCI) to around $481 million, bolstered by second half sales growth.
28Aug
Autosports Group (ASX:ASG) records net loss after tax of $102.4M
28 Aug 2020 - Autosports Group (ASX:ASG) recorded statutory revenue of $1.7 billion, up 1 per cent year on year.