Tilt Renewables (ASX:TLT) downgrades EBITAF guidance
10 Jul 2020 - Tilt Renewables (ASX:TLT) now expects EBITDAF for the 2021 financial year to be in the range of $65 to $80 million.
10Jul
10Jul
Chorus (ASX:CNU) fibre activity and uptake hampered by covid-19 restrictions
10 Jul 2020 - New Zealand internet services provider Chorus says the COVID-19 lockdown restrictions have had a significant impact on fibre activity and uptake in the 4th quarter.
10Jul
US records record number of cases: Aus shares to open lower
10 Jul 2020 - The Australian market is poised to open lower following mostly negative leads from international markets. This comes as Johns Hopkins University records over 60,000 new covid-19 cases in the US- a record for a 24-hour period. Perth based iron ore explorer, AustSino Resources Group (ASX:ANS) has penned a binding subscription agreement with Midwest Resource Finance Group. Gold and oil retreated overnight.
09Jul
Home loans record largest ever fall – ABS: Aus shares close 0.6% higher
09 Jul 2020 - The Australian share market rose at the open and continued to rally closing 0.6 per cent up at the end of today’s trade. Home loan commitments for housing fell sharply in May, down 11.6 per cent.
09Jul
Salt Lake Potash’s (ASX:SO4) Lake Way Project over 90% procured: Aus shares 0.8% higher at noon
09 Jul 2020 - The Australian share market opened higher this morning and is now trading 0.8 per cent up at noon. Salt Lake Potash’s (ASX:SO4) the Lake Way Project is now over 90% procured with all key vendor contracts executed. Afterpay (ASX:APT) is leading the top 200 gains at midday.
09Jul
Praemium (ASX:PPS) is to acquire Powerwrap (ASX:PWL) for $55m
09 Jul 2020 - Praemium (ASX:PPS) and Powerwrap (ASX:PWL) have entered into a bid implementation agreement at an indicative price of 26.44 cents per Powerwrap Shareor $55.6 million for all of Powerwrap’s issued share capital.
09Jul
Netwealth (ASX:NWL) grows FUA by 35%
09 Jul 2020 - Netwealth (ASX:NWL) grew its funds under management (FUA) by 35 per cent over the 2020 financial year, an increase of $8.2 billion to $31.5 billion.
09Jul
Worley (ASX:WOR) increases stake in TW Power Services
09 Jul 2020 - Worley (ASX:WOR) has acquired Ferrovial’s 50 per cent shareholding of TW Power Services for a cash consideration of $20 million, increasing its stake to 100 per cent.
09Jul
Treasury Wine Estates (ASX:TWE) posts 21% decline in EBITS for FY20
09 Jul 2020 - Treasury Wine Estates (ASX:TWE) has posted a 21% decline in FY20 EBITS, with regional declines of approximately 14 per cent in Asia, 37 per cent in the Americas, 16 per cent in ANZ and 18 per cent in Europe, the Middle East and Africa.
09Jul
The price of iron ore hits a 2020 high: ASX set to open higher
09 Jul 2020 - Following small gains from US markets overnight, the ASX looks set to open higher this morning. The US is seeing some fluctuation in the markets as investors weigh up the economic recovery from the pandemic. Back home Victorian farmers are struggling to place their products as many Melbourne restaurants return to lockdown. Iron ore saw a sharp rise in price. Rio Tinto gives contract termination notice to Meridian (ASX:MEZ).