17 Aug 2020 - The ASX has opened firmly lower with broad based losses across the majority of sectors, but materials and healthcare have managed to edge into the green. Financials and communications services are leading the declines. NAB is down by 2.5 per cent while CBA is down over 1 per cent. JB Hi-Fi jumped in early trade to reach a new record of $51.33 following stellar results and is now trading around $49.78 cents.
17 Aug 2020 - Beach Energy’s (ASX:BPT) net profit has declined from $577 million last financial year to $501 million this year.
17 Aug 2020 - Bendigo and Adelaide Bank (ASX:BEN) reported a 49 per cent drop in financial year 2020 statutory profit to $192.8 million. Earnings per share fell 50.6 per cent to 38.1 cents.
17 Aug 2020 - Bathroom fixtures and fitting supplier GWA (ASX:GWA) Group says its profit for the 2020 financial year fell 12 per cent to $44.9 million.
17 Aug 2020 - Lend Lease (ASX:LLC) has posted a statutory loss of $310 million, from a profit of $467 million a year ago.
17 Aug 2020 - Elixinol Global (ASX:EXL) CEO & Executive Director, Oliver Horn talks about measures to reposition the business, initiatives in E-commerce and distribution, its decision to retain Hemp Foods Australia and outlook for Hemp and CBD based nutraceuticals.
17 Aug 2020 - Australian shares are set to drop at the open, taking direction from losses in Europe and lacklustre trading in the US. Wall Street was mixed retail sales in July fell short of forecasts, production met expectations. Shares in chip maker Applied Materials rose 3.9 per cent after it forecast fourth-quarter revenue above analyst estimates. Investors are also concerned over stalled coronavirus stimulus negotiations and simmering US-China tensions.
14 Aug 2020 - The market finished strong today closing 0.6% higher, with most of the sectors capping gains. Information technology rose 4.2%, thanks to an outstanding performance from biotech Mesoblast (ASX:MSB) which skyrocketed around 39% higher on hopes that the FDA will approve its flagship product.
14 Aug 2020 - The Australian share market opened higher following mixed leads from international markets and is tracking 0.5 per cent higher mid-session. Most of the sectors are in the green, with Information Technology and Industrials leading the charge. Credit Suisse rates AGL Energy (ASX:AGL) as an Underperform, with a decreased 12-month price target of $12.60.
14 Aug 2020 - Iluka Resources (ASX:ILU) today announced its 2020 half year results for the period ended 30 June 2020.
