Australian-based ship builder Austal (ASX:ASB) has farewelled US chief Craig Perciavalle.
The resignation came on the back of investigations by the Australian Securities and Investments Commission and US regulatory bodies. Austal’s US business was scrutinised on the write back of work in progress associated with the Littoral Combat Ship project. Austal (ASX:ASB)’s US chief financial officer has been appointed interim president for the time being.
Shares in Austal (ASX:ASB) are trading 15.79 per cent lower at $2.08
20 Nov 2020 - Following the Banking Royal Commission, Commonwealth Bank of Australia (ASX:CBA) introduced a Remedial Action Plan, outlining the steps its board and senior leaders would take to respond to the Inquiry’s 35 recommendations.
03 Dec 2020 - Qantas (ASX:QAN) has started to repair its balance sheet as it sees Group Domestic capacity at 68 per cent of pre-COVID levels for December, rising to nearly 80 per cent for Quarter Three.
05 Mar 2020 - National Australia Bank (ASX:NAB) today announced that Chief Customer Officer – Consumer Banking, Mike Baird, had decided to leave the bank, next month.
14 Aug 2019 - Vicinity Centres (ASX:VCX) today announced its results for the 12 months to 30 June 2019, showing a net profit after tax of $346.1 million for the year, a drop from the previous year's $1.2 billion profit.
07 Mar 2023 - A snapshot of the stocks on the move featuring DroneShield (ASX:DRO), Sayona Mining (ASX:SYA), Pentanet (ASX:5GG) and Metro Mining (ASX:MMI).
09 Mar 2021 - Western Areas (ASX:WSA) is conducting a fully underwritten institutional placement to sophisticated, professional and institutional investors to raise $85 million.
17 Aug 2021 - A snapshot of the stocks on the move, featuring Domain Holdings (ASX:DHG), Dexus Property (ASX:DXS) & Magellan Financial Group (ASX:MFG).
