Air New Zealand (ASX:AIZ) expects $120M loss for FY20
18 Jun 2020 - Air New Zealand (ASX:AIZ) expects an underlying loss of around $120 million (before tax) for the 2020 financial year.
18Jun
18Jun
Westpac to divest Pendal: Aus shares to open lower
18 Jun 2020 - The ASX is set to drop at the open after the Dow and the S&P 500 unwound some of the gains they managed to rack up over the last 3 sessions. Iron ore, gold and oil are trading lower. Westpac Banking Corporation (ASX:WBC) is selling its remaining holding in Pendal Group (ASX:PDL) via an underwritten institutional offer.
17Jun
Leading Index remains at recession levels: Aus shares close 0.8% higher
17 Jun 2020 - The Australian share market rose at the open closing 0.8 per cent up at the end of trade. The Index growth rate remains in deep negative territory with the growth rate weakening sharply over the last six months, dropping from 0.28% in December to the 4.79% in May.
17Jun
Starpharma’s (ASX:SPL) DEP lutetium effective in cancer: Aus shares 0.2% up at midday
17 Jun 2020 - The Australian share market opened higher this morning and is now trading 0.2 per cent higher at noon. Starpharma (ASX:SPL) has reported that its DEP lutetium candidate is effective in human prostate cancer models.
17Jun
Spanish-owned Iberdrola make an offer for Infigen (ASX:IFN)
17 Jun 2020 - Infigen (ASX:IFN) has today entered into a Bid Implementation Agreement with Iberdrola Renewables Australia under which they will make an offmarket takeover bid for Infigen at a price of 86 cents per stapled security in cash.
17Jun
Jumbo Interactive (ASX:JIN) suspended from official quotation
17 Jun 2020 - The securities of Jumbo Interactive (ASX:JIN) will be suspended from quotation today.
17Jun
Carsales.com (ASX:CAR) report NPAT to be down 6-9%
17 Jun 2020 - Carsales.com (ASX:CAR) reported net profit after tax will be down 6 to 9 per cent, in the range of $120 million and $124 million on the previous financial year.
17Jun
Ansell (ASX:ANN) defers CEO succesion
17 Jun 2020 - Personal protection solutions company Ansell (ASX:ANN) announced today that they will delay their planned CEO succession for six months from July 2021 to December 2021.
17Jun
Record jump in US retail sales: ASX poised to open higher
17 Jun 2020 - The ASX looks set to open higher this morning. Stocks in the US rose yesterday as they saw a record jump in retail sales. Also, there were positive trial results from a potential coronavirus treatment and hopes of more stimulus. Meanwhile, the International Monetary Fund forecast back in April a contraction of 3 per cent for the global economy in 2020. They report that the current crisis is “unlike anything the world has seen before”....
16Jun
Best day for the market in two months: ASX closes 3.9% higher
16 Jun 2020 - It has been a positive day of trade for the ASX. The local bourse managed to close 3.9% higher. All the sectors ended the day in the green. Energy closed the day the highest with Viva Energy pushing up the sector, rising over 15% after a profit upgrade. Cedar Woods (ASX:CWP) is pleased to advise that it has extended the tenure of its $30m finance facility for the Williams Landing Shopping Centre in Melbourne.