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10Feb

PSC Insurance Group (ASX:PSI) acquisition: Aus shares close 0.1% lower

10 Feb 2020 - The Australian share market opened weaker this morning, dropped in the first hour of trade and rebounded over the afternoon to close 0.1 per cent lower. Oil continued its 5 week slide. PSC Insurance Group (ASX:PSI) have acquired both the business assets of Ultimate Safety Solutions Australia, and 75 per cent of the share capital of Eden Software Pty Ltd.

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26Oct

Meta & IBM the latest to report Q3 results

26 Oct 2023 - The S&P 500 closed below a key level on Wednesday. The benchmark index fell 1.4%, ending the day below the 4,200 level that was being widely watched by chart analysts. It was the first time the S&P 500 closed below this threshold since May.

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21Sep

Metaverse stocks struggling, as bond yields head towards 4%

21 Sep 2022 - Stocks were lower on Tuesday as investors braced for another large rate hike due out Wednesday from the Federal Reserve. Yields on US government debt on Tuesday reached their highest level in more than a decade as the Fed’s two-day policy meeting began.

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30Nov

Business indicators fall short of expectations: ASX tracking 0.6% lower at noon

30 Nov 2020 - The ASX is tracking 0.6% lower at noon. Shares in Treasury Wine Estates (ASX:TWE) dropped today on news of Chinese tariffs on Australian wine imports. Meanwhile, shares in Bega Cheese (ASX:BGA) continue to rally after they successfully raised $284 million last week. Select Harvests Limited (ASX:SHV) report a net profit after tax (NPAT) of $25.0 million for the year ended 30 September 2020.

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03Mar

Stellar start for IPO EZZ Life Science (ASX:EZZ): ASX closed 0.8% higher

03 Mar 2021 - It has been a positive day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 56 points up or 0.8% higher to finish at 6,818. Regenerative medicine company Orthocell (ASX:OCC) has received notification from the Australian Government Department of Health that CelGro Dental has been included on the Australian Prostheses List.

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15Nov

Costa Group (ASX:CGC) rises: Aus shares 0.7% higher at noon

15 Nov 2019 - Aus shares 0.7% higher at noon. Freedom Foods (ASX:FNP) reports acquisition makes Australian Fresh Milk Holdings largest diary producer in Australia.

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13Sep

ASX gains for 4th week, Financials rise 2.7% this week: Aus shares gain 0.2% Friday, 0.3% on week

13 Sep 2019 - Aussie shares gain 22pts/0.3% on week. Westpac (ASX:WBC) shares hit a new year high yesterday $29.97. Rural Funds Group (ASX:RFF) files legal proceedings against Bonitas Research in NSW Supreme Court. JB Hi-Fi (ASX:JBH) shares hit a new all time high. ACCC proposes to Virgin Australia (ASX:VAH) to work more closely with Virgin Atlantic.

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29Mar

Aurizon (ASX:AZJ) completes sale of Acacia Ridge Terminal: Aus shares gain 1.7% over week

26 Mar 2021 - A strong end to the week for the Australian share market. The ASX 200 index ended the day 0.5 per cent or 34 points higher to finish at 6,824. Over the week, the market has gained 116 points or 1.7 per cent. All of the sectors rose over the week, except Tech stocks. Healthcare was the star performer, up over 5 per cent. Meanwhile, the Aussie dollar has sunk to a 3-month low. Rail freight...

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26Feb

New coronavirus cases emerge as global stocks hit again: ASX set to open lower

26 Feb 2020 - The ASX looks set to open lower this morning as US stocks plunge. The global impact of the coronavirus outbreak continues to cause concern with South Korea now reporting near 1000 confirmed cases. European shares ended at their lowest in nearly two months. Healius (ASX:HLS) has received an unsolicited, non-binding indicative offer from a wholly-owned subsidiary of Partners Group.

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30Jun

US consumers about to be hit hard

30 Jun 2022 - While housing does not account for a huge amount of economic output, it is a boom-bust industry that has historically played an outsize role in downturns. The sector runs on credit and the highest mortgage rates since 2008 will start to bite across consumer spending as new home purchases are often followed by new furniture, new appliances and new electronics – its seems US consumers are about to be hit with the double whammy of...

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