Author - Craig Foley
19Feb

WiseTech (ASX:WTC) shares dropped 27.3%: ASX closed 0.4% higher

19 Feb 2020 - After a flat start the ASX rose after lunchtime trading and managed to close 0.4% higher. Hearing device manufacturer Cochlear’s (ASX:COH) shares jumped over $250. Wisetech Global (ASX:WTC) shares are down over 27 per cent after downgrading its guidance - they blame coronavirus. Caltex Australia (ASX:CTX) confirms that it has received a takeover offer from EG Group to acquire the company's retail business for $3.9 billion.

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19Feb

Wage price index rises in the December quarter: ASX flat at noon

19 Feb 2020 - The ASX dipped at the open and despite a slight rise around mid-morning trade, is now tracking fairly flat at 0.1% lower at noon. Domino’s (ASX:DMP) shares shot up today on the release of their half year results. Wisetech Global (ASX:WTC) shares are down over 20% after downgrading its guidance. Domino's Pizza (ASX:DMP) see global food sales increase by $151.3 million to $1.58 billion, that’s up 10.6% on the prior year.

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19Feb

Stockland (ASX:SGP) maintains FFO guidance

19 Feb 2020 - Stockland (ASX:SGP) has announced statutory profit rose 68.1 per cent to $504 million for the first half of 2020 when compared to the year earlier period. The rise comes on the back of $199 million of positive net revaluations.

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