27 Jul 2020 - Wholesale distribution and marketing company, Metcash (ASX:MTS) has penned a binding agreement to acquire a 70 per cent interest in Total Tools Holdings for ~$57 million.
27 Jul 2020 - Based on the SPI, the ASX is poised to start the week on a negative note following mixed leads from international markets on Friday. The US Commerce Department has announced that sales of new single-family homes in the US soared to a near 13-year high in June. The meteoric rise in home sales comes on the back of low interest rates and a new migration trend sparked by covid-19. Digital Wine Ventures (ASX:DW8) generated total...
24 Jul 2020 - The ASX declined today to close 1.2 per cent lower by 71 points to finish at 6,024, a 0.2 per cent decline over the week. IAG (ASX:IAG) led the drop on the news that it scrapped its dividend after flagging flat growth in gross written premiums. The ABS announced a jump in export growth on the back off strong iron ore exports. BlackWall Property Trust (ASX:BWR) announced it will acquire WOTSO Workspace.
24 Jul 2020 - Vicinity Centres (ASX:VCX), which operates its flagship Chadstone shopping centre in Melbourne, announced a fall of 11.3 per cent in its portfolio net value in the six months to June 30, reducing its portfolio’s value by $1.79 billion to $14.1 billion.
24 Jul 2020 - Cleaning product manufacturer Pental (ASX:PTL), the maker of White King bleach and Country Life soap, will pay a one-off special dividend to shareholders after a surge in demand for its cleaning products due to Covid-19.
24 Jul 2020 - The ASX slid this morning and is now tracking almost 1.1 per cent lower at noon. The ABS has announced a jump in export growth on the back of strong iron ore exports. Mineral Resources (ASX:MIN) saw record iron ore and lithium production in the June quarter.
24 Jul 2020 - Gold exploration and mining company Horizon Minerals (ASX:HRZ) has announced the first gold pour at the Boorara gold mine.
21 Jul 2020 - Insurance Australia Group (ASX:IAG) has flagged flat growth in gross written premiums of around 1 per cent, and its insurance margin will be lower than forecast, ahead of its full-year results.
24 Jul 2020 - The ASX looks set to drop this morning with mixed results from the US overnight as their job market recovery appears to stall. Coronavirus infections across the US have now surpassed 4 million. Back home, our budget deficit hit almost $86b last financial year. Nufarm (ASX:NUF) has decided to change its financial year end from 31 July to 30 September.
23 Jul 2020 - The Australian share market closed 0.3 per cent up at the end of trade. Treasurer Josh Frydenberg confirmed an $85.8 billion deficit for the last financial year, and an estimated $184 billion deficit for the next financial year. Victoria records 403 new Coronavirus cases, NSW records 19.
