Author - Craig Foley

G8 Education sees a 20% fall in profit

26 Aug 2019 - G8 Education (ASX:GEM) today announced its results for the half-year ended 30 June 2019 showing net profit after tax (NPAT) reduced 20 per cent on the prior corresponding period to $19 million.

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Trump regrets not raising Chinese tariffs higher: ASX poised to open lower

26 Aug 2019 - The ASX is set to see a downturn this morning after a rumble over the US China trade war. Trump was asked if he had second thoughts about escalating the trade war with China. He said yes. On the commodities front, safe haven gold has shot up almost $30 an ounce. Virtus Health (ASX:VRT) has appointed Dr Michael Stanford AM to its Board as a Non-Executive Director.

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ASX claws back, IT sector up 7% this week: Aus shares close 0.3% higher Friday, 1.8% up on week

23 Aug 2019 - Aussie market gains 1.8% on week as Info Tech sector rises 7%, Energy gains 5.5%. Sims Metal Management Limited (ASX:SGM) shares hit 4-week high on FY19 revenue rising. Mayne Pharma (ASX:MYX) shares hit 6-week high on gross profit up 13%. Brickworks (ASX:BKW) expands in US on another acquisition. Boral (ASX:BLD) completes exit of bricks in Australia.

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Mixed earnings see morning dip in the market: ASX tracking 0.4% higher at noon

23 Aug 2019 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.4% higher at noon. Shares in pharmaceutical company Mayne Pharma (ASX:MYX) shot up 10% this morning after reporting today showing a full-year net loss of $280m. Whitehaven Coal (ASX:WHC) has entered into a binding agreement to acquire EDF Trading Australia, which owns a 7.5% interest in the Whitehaven-operated Narrabri Mine.

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Bravura Solutions see NPAT rise up 21%

23 Aug 2019 - Bravura Solutions (ASX:BVS) today announced its full-year results for the period ended 30 June 2019, showing group FY19 NPAT increased 21 per cent to $32.8 million from $27.0 million in FY18.

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Healthcare sector sees biggest gain a year: Aus shares close 0.4% higher

14 Aug 2019 - Healthcare sector sees biggest gain in a year. CSL (ASX:CSL) shares hit a new high on immunoglobulin (anti-infection) business. Pilbara Minerals (ASX:PLS) shares bounce off 2017 levels. Aussie wages price more than expected. Aveo (ASX:AOG) inks implementation for $1.3b takeover. Pact Group (ASX:PGH) swings into loss on higher costs. Tabcorp (ASX:TAH) profit up 100% on digital lotteries growth.

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