18 Aug 2020 - Ingenia Communities Group (ASX:INA) today announced underlying profit of $59.1 million for the year ending 30 June 2020, an increase of 25 per cent on the previous financial year.
19 Aug 2020 - The ASX looks set to open slightly lower this morning after US stock futures were flat in overnight trading. The S&P 500 hit its highest level ever, a huge come back after the coronavirus losses. The US reports that e-commerce sales grew more than 30% between the first and second quarter of 2020, that's according to the US Department of Commerce. Consumers spent $211.5 billion online during the second quarter. Michael Hill International (ASX:MHJ) profits...
18 Aug 2020 - The Australian share market rose at the open and closed 0.8 per cent higher. The Reserve Bank of Australia confirmed the economic downturn in Australia was the most severe in many decades, and staff estimates suggested a decline in GDP of around 7 per cent and a contraction in hours worked of around 10 per cent. That’s according to minutes released from the recent meeting.
18 Aug 2020 - Ingenia Communities Group (ASX:INA) today announced underlying profit of $59.1 million for the year ending 30 June 2020, an increase of 25 per cent on the previous financial year.
18 Aug 2020 - BHP (ASX:BHP) is looking to divest two of its Queensland metallurgical coal mines as it looks to simplify portfolio to focus on higher quality steel-making products.
18 Aug 2020 - Westpac (ASX:WBC) report unaudited statutory net profit for 3Q20 was $1.12 billion.
18 Aug 2020 - Cochlear (ASX:COH) had a strong start to FY20 with cochlear implant units growing 13 per cent in the first half but report a net loss of $238.3 million.
18 Aug 2020 - The Australian share market opened higher this morning and is now trading 0.1 per cent up at noon. Operations at Evolution Mining’s (ASX:EVN) Red Lake gold mine in Canada has resumed following the evacuation of the region due to a forest fire.
18 Aug 2020 - The ASX looks set to open higher this morning as US stocks rose mostly on technology as big banks sold off. The Democratic National Convention starts to run this week in the US ahead of the presidential election set for November – this is expected to raise caution on Wall Street. The AUD was up 0.49% to 72.06 US cents. Fisher & Paykel Healthcare (ASX:FPH) report that for the first four months of the financial...
17 Aug 2020 - The Australian sharemarket finished the day largely in the red despite gains for retail stocks such as JB Hi-Fi and Harvey Norman. JB Hi-Fi ended the session up over 5 per cent after announcing a 21 per cent jump in profit and an almost 80 per cent increase to its final dividend.
