Cooper Energy (ASX:COE) to writedown $108 million
25 Aug 2020 - Cooper Energy (ASX:COE) will writedown the value of its assets by $108 million (before tax).
25Aug
25Aug
The Scentre Group (ASX:SCG) reports $3.6 billion loss
25 Aug 2020 - The Scentre Group (ASX:SCG) reports a loss of $3.6 billion for the six month period to 30th June.
25Aug
Rural Funds Group (ASX:RFF) property revenue increase of 8% to $72.0m
25 Aug 2020 - Rural Funds Group (ASX:RFF) has reported an 8 per cent increase in property revenue to $71.98 million with the group continuing to expand its portfolio.
25Aug
Covid plasma treatment news boosts Wall St: ASX poised to open higher
25 Aug 2020 -The ASX looks set to open higher this morning as the S&P 500 and the Nasdaq reached new record closing highs as optimism lifted over potential medical advances against Covid-19. The oil price lifted as two separate back to back storms in the US Gulf Coast are set to cause large temporary shutdowns to oil and gas production facilities. Ansell (ASX:ANN) report sales of $1.61 billion US, that’s 7.7% growth.
24Aug
Late rally lifts ASX to 0.3% gain : Buy now pay later companies boost market
24 Aug 2020 -The Australian sharemarket finished higher after a late afternoon rally. The market gained momentum after CSL pared intraday falls while Afterpay extended its rise to 4 per cent on European expansion plans and Fortescue Metals also extended its rise from 2 to 3 per cent as investors reacted favourably to the dividend beat in its full-year results. The major banks also trimmed some of their earlier losses.
24Aug
Fortescue posts record profit, Afterpay lifts on acquisition: Aus shares 0.1% at noon
24 Aug 2020 - he local sharemarket is gaining momentum following a flat start despite CSL and the big banks lagging. AMP’s shares are up over 1 per cent after the wealth manager announced Boe Pahari has been stood down while Chairman David Murray has resigned over the handling of a sexual harassment case.
24Aug
Solid start for new year at Super Retail Group (ASX:SUL) despite fall in profits
24 Aug 2020 - Retailing group Super Retail (ASX:SUL) has reported a 20 per cent slide in profit for the full year after repayments costs related to the company's $62 million underpayment scandal continue to drag on the business.
24Aug
Reliance (ASX:RWC) profit drops as construction slows in key markets
24 Aug 2020 - Plumbing supplies company Reliance Worldwide (ASX:RWC) recorded a 32.7 per cent drop in net profit to $89.4 million for the 2020 financial year.
24Aug
Fortescue (ASX:FMG) posts record profit, raises dividend
24 Aug 2020 - Fortescue Metals (ASX:FMG) net profit has lifted by 49 per cent for the 2020 financial year. Strong iron ore prices and strong production drove the miners profit to US $4.7 billion.
24Aug
McGrath’s (ASX:MEA) profit turns around, CEO departs
24 Aug 2020 - Property agency McGrath (ASX:MEA) has seen a turnaround in its fortunes with net profit swinging from a $9.7 million loss in FY19 to $700 000 this financial year. Earnings of $3.7 were up $10.1 million from a loss of $6.4 million last financial year.