02 Sep 2020 - Cardinal Resources (ASX:CDV) notes that Nordgold have increased the Offer Price in respect of their takeover bid from $0.66 to $0.90 cash per share.
02 Sep 2020 - The ASX looks set to edge higher this morning after technology stocks boosted Wall Street ending another record-breaking session. Tesla’s shares saw a record rise yesterday, the company have now decided to sell up to $5 billion in stock. Still in the US, a group advising US health officials has predicted that four late-stage coronavirus vaccine trials backed by the United States could fail to provide positive results. The Gentrack Group (ASX:GTK) is pleased to...
01 Sept 2020 - It hasn’t been a great start for September for the Australian share market. After a drop at the open, the market failed to gain momentum, closing 1.8% lower. The Reserve Bank of Australia has held official interest rates at a record low 0.25%. Shares in QBE Insurance Group (ASX:QBE) dropped after the announcement of the shock departure of its CEO. As for the sectors today, all of them closed in the red.
01 Sept 2020 - The ASX dropped at the open and is now tracking 1.7% lower at noon. Shares in Costa Group (ASX:CGC) are on the rise today. Shares in QBE Insurance Group (ASX:QBE) dropped today after the announcement the CEO was stepping down. Shares in Afterpay (ASX:APT) also dropped today. Aurizon (ASX:AZJ) welcomes today’s decision by the Queensland Court of Appeal to dismiss an appeal surrounding the Wiggins Island Rail Project.
01 Sep 2020 - Starpharma (ASX:SPL) today announced it has applied its novel DEP® drug delivery technology to create a long-acting, water soluble version of remdesivir.
01 Sep 2020 - Zip Co (ASX:Z1P) is pleased to announce that the acquisition of QuadPay, Inc was completed yesterday and the issuance of $200 million in convertible notes and warrants completed today.
01 Sept 2020 - Metcash (ASX:MTS) today announced that it has completed the acquisition of a 70 per cent interest in Total Tools Holdings.
01 Sept 2020 - QBE Insurance Group (ASX:QBE) today announced that their Group Chief Executive Officer Pat Regan will be departing the organisation after almost three years in the role.
01 Sep 2020 - Following mixed trade in the US, the ASX looks set to start the month of September lower. September is not always the best month for stocks historically, and with the US election looming we could see some volatility this month. One company to excel during the corona period is Zoom - their shares rose as much as 25 per cent yesterday - they raised their full-year guidance significantly. TikTok has chosen a bidder for its...
31 Aug 2020 - The Australian share market finished lower despite promising signs of an afternoon rally after midday. Meanwhile, the Australian dollar reached a 1.5-year high this morning, surpassing the 73.8 cent mark for the first time since December 2018. This was a response to the release of private sector profitability and borrowing data. However, the rally decelerated after Midday, on the back of the US dollar strengthening.
