Tower (ASX:TWR) reports $14.9M first half profit
29 May 2020 - New Zealand insurer, Tower (ASX:TWR) has reported first half profit of $14.9 million after tax.
29May
29May
Nine Entertainment cheers as NRL season kicks off: Aus shares to open lower
29 May 2020 - Australian futures are pointing to a weak start after the Dow dropped almost 300 points in late session trade. The Australian National Cabinet will meet today to discuss how the lifting of lock down restrictions has progressed across the country and to develop public transport guidelines. Nine Entertainment Co Holdings (ASX:NEC) has revised its contract with the NRL for the next three years.
28May
Blackmores (ASX:BKL) completes its $92m institutional placement: Aus shares close 1.32% higher
28 May 2020 - The Australian share market rose at the open and continued to rally, closing 1.3 per cent up at the end of today’s trade. 93% of businesses accessed support measures - ABS.
28May
ABS – 72% of businesses see revenue decrease: Aus shares 2.31% higher at noon
28 May 2020 - The Australian share market opened higher this morning and is now trading 2.31 per cent up at noon.
28May
Emeco (ASX:EHL) enters contract with Mincor Resources
28 May 2020 - Emeco’s (ASX:EHL) Pit N Portal today executed a five-year contract with Mincor Resources NL (ASX:MCR) at its Kambalda Nickel Operations in Western Australia.
28May
WiseTech Global (ASX:WTC) update on acquisition earnout arrangements
28 May 2020 - WiseTech Global (ASX:WTC) today announced it has renegotiated earnout arrangements for a number of its strategic acquisitions.
28May
Strike Energy (ASX:STX) awarded WA government support
28 May 2020 - Strike Energy (ASX:STX) is pleased to announce that the West Erregulla Gas Project has been awarded Lead Agency Status in WA.
28May
Mesoblast (ASX:MSB) reports a net loss US$45.3 million for nine months
28 May 2020 - Mesoblast (ASX:MSB), the company that develops cellular medicines for inflammatory diseases, has reported a net loss of $US45.3 million in the nine months to the end of March.
28May
Wall Street grows optimistic on an economy restart: ASX poised to open higher
28 May 2020 - Following a lift from US markets overnight, the ASX looks set to open higher this morning. On Wall Street, optimism grew as more and more companies start to reopen. The Trump administration is considering sanctions on Chinese officials, threatening to escalate tensions between the world’s two largest economies. Back home experts warn many businesses will collapse in September when the JobKeeper allowance is withdrawn. On the commodities front gold and oil both fell. Synlait Milk...
27May
The big four banks see a huge rally: ASX closes 0.1% lower
27 May 2020 - After a rise after mid-morning trade the ASX took an afternoon slump and closed 0.1% lower. Banks saw a rally today. The ANZ (ASX:ANZ), NAB (ASX:NAB) and Westpac (ASX:WBC) all closed around 8%. Saracen Mineral Holdings (ASX:SAR) shares saw a decline today. Director Raleigh Finlayson has sold 500,000 shares in the company. Resimac Group (ASX:RMC) is pleased to confirm it has priced a $500 million prime Residential Mortgage-Backed Security (RMBS) transaction.