Australian retail rises 0.5 per cent: Aus shares flat at 0.04% at noon

Australian retail rises 0.5 per cent: Aus shares flat at 0.04% at noon

03 Apr 2020 - The Australian share market opened higher this morning following strong leads from the Energy sector and is now trading flat at 0.04 per cent. Hansen Technologies (ASX:HSN) withdraws guidance.
Finance News Network
NEXTDC (ASX:NXT) complete $627 million placement

NEXTDC (ASX:NXT) complete $627 million placement

03 Apr 2020 - NEXTDC (ASX:NXT) has successfully completed an institutional placement, raising approximately $672 million through the issue of 86.1 million new shares.
Finance News Network
Treasury Wine Estates (ASX:TWE) acknowledges class action

Treasury Wine Estates (ASX:TWE) acknowledges class action

03 Apr 2020 - Treasury Wine Estates (ASX:TWE) has been served with a group proceeding filed against them in the Supreme Court of Victoria.
Finance News Network
Over 10 million file for unemployment benefits in the US: ASX poised to open higher

Over 10 million file for unemployment benefits in the US: ASX poised to open higher

03 Apr 2020 - After a rally from US markets, the ASX looks set to open higher. It’s been a rollercoaster of a week as investors monitor the COVID-19 crisis. Over one million people across the world have been infected, with over 51,000 losing their...
Finance News Network
Rural Funds Management has been awarded damages over a Bonitas short sell report

Rural Funds Management has been awarded damages over a Bonitas short sell report

02 Apr 2020 - Rural Funds Management as responsible entity for the Rural Funds Group (ASX:RFF) has been awarded damages over a Bonitas short sell report.
Finance News Network
Webjet (ASX:WEB) bosts equity raising

Webjet (ASX:WEB) bosts equity raising

02 Apr 2020 - Webjet (ASX:WEB) has successfully completed its $115 million institutional placement and the institutional component of its 1 for 1 accelerated nonrenounceable pro-rata entitlement offer.
Finance News Network
Westpac (ASX:WBC) appoint a new CEO

Westpac (ASX:WBC) appoint a new CEO

02 Apr 2020 - Westpac (ASX:WBC) Chairman John McFarlane today announced the appointment of Peter King as Chief Executive Officer.
Finance News Network
Whitehaven Coal (ASX:WHC) hire a new Executive General Manager for Operations

Whitehaven Coal (ASX:WHC) hire a new Executive General Manager for Operations

02 Apr 2020 - Whitehaven Coal (ASX:WHC) is pleased to announce the appointment of Ian Humphris as Executive General Manager – Operations, effective from Monday, succeeding Quentin Granger, who has held the role on an interim basis since December 2...
Finance News Network
COVID-19 death toll climbs in the US: ASX poised to open lower

COVID-19 death toll climbs in the US: ASX poised to open lower

02 Apr 2020 - Following a slump on US markets, the ASX looks set to open lower. The US death toll rose to over 4,000. The Dow tumbled to near 1000 points. White House officials estimate that the COVID-19 outbreak will kill between 100,000 and 240,...
Finance News Network
Market enters April on a high: ASX closes 3.6% higher

Market enters April on a high: ASX closes 3.6% higher

01 Apr 2020 - The ASX has closed at a two week high closing 3.6% higher. Shares in Mayne Pharma (ASX:MYX) soared and SkyCity Entertainment (ASX:AKC) shares rose as did AP Eagers (ASX:APE). Synlait Milk (ASX:SM1) completed the purchase of Dairywork...
Finance News Network
Building approvals soar in February: ASX tracking 3% higher at noon

Building approvals soar in February: ASX tracking 3% higher at noon

01 Apr 2020 - The ASX shot up at the open and is now tracking 3% higher at noon. Shares in Oil Search (ASX:OSH) and Worley Parsons (ASX:WOR) are doing well today. Yesterday Worley announced Chevron had extended one of their contracts by two years....
Finance News Network
Brickworks (ASX:BKW) to reopen brick plants in Pennslyvania

Brickworks (ASX:BKW) to reopen brick plants in Pennslyvania

01 04 2020 - Brickworks (ASX:BKW) has been advised that it may re-open their brick plants in Pennsylvania.
Finance News Network
Jumbo Interactive (ASX:JIN) exoects higher customer engagement

Jumbo Interactive (ASX:JIN) exoects higher customer engagement

01 Apr 2020 - Lottery game seller Jumbo Interactive (ASX:JIN) says improved customer engagement is expected to deliver higher TTV and Revenue during a period of lower jackpots.
Finance News Network
The US could see a second $US2trn stimulus package: ASX set to open higher

The US could see a second $US2trn stimulus package: ASX set to open higher

01 Apr 2020 - The ASX looks set to open higher as US stocks fluctuated between gains and losses yesterday as global cases of coronavirus continue to rise. In the US, Trump has called for second $US2 trillion stimulus package. And Meridian Energy (...
Finance News Network
St Barbara (ASX:SBM) continues operations: Aus shares close 2% lower

St Barbara (ASX:SBM) continues operations: Aus shares close 2% lower

31 Mar 2020 - The Australian share market had a positive start to the session, up almost 3 per cent at noon, then fell sharply in the second half of trade erasing the days gain to finish 2 per cent down.
Finance News Network
Virgin Australia (ASX:VAH) enters trading halt: Aus shares 2.8% higher at noon

Virgin Australia (ASX:VAH) enters trading halt: Aus shares 2.8% higher at noon

31 Mar 2020 - The Australian share market opened higher again this morning and is now trading 2.8 per cent higher. Virgin Australia (ASX:VAH) has gone into a trading halt as it seeks financial support from the Federal Government.
Finance News Network
G8 Education (ASX:GEM) postpones dividend until October

G8 Education (ASX:GEM) postpones dividend until October

31 Mar 2020 - G8 Education (ASX:GEM) has postponed the payment of its fully franked final dividend until the end of October.
Finance News Network
Worley (ASX:WOR) wins two-year contract extension from Chevron

Worley (ASX:WOR) wins two-year contract extension from Chevron

31 Mar 2020 - Worley (ASX:WOR) has been awarded an extension to an existing services contract with Chevron Australia.
Finance News Network
Lynas Corporation (ASX:LYC) has operations in Malaysia postponed for an extended period

Lynas Corporation (ASX:LYC) has operations in Malaysia postponed for an extended period

31 Mar 2020 - Rare earths producer Lynas Corporation (ASX:LYC) is continuously assessing the effects of the shutdown of their Malaysia plant on the essential supply chains to which they contribute after an closure extension ordered by the governme...
Finance News Network
Wesfarmers (ASX:WES) to sell 5.2% of issued capital in Coles

Wesfarmers (ASX:WES) to sell 5.2% of issued capital in Coles

31 Mar 2020 - Wesfarmers (ASX:WES) today announced that trades have been executed for the sale of 5.2 per cent of the issued capital in Coles Group (ASX:COL) for $1.06 billion.
Finance News Network
BluGlass (ASX:BLG) non-renounceable rights issue

BluGlass (ASX:BLG) non-renounceable rights issue

31 Mar 2020 - BluGlass Limited (ASX:BLG) Managing Director and CEO,Giles Bourne, talks about the company's 1:1 non-renounceable rights issue, the need to fund its technology through to commercialisation, independent validation of its RPCVD technol...
Finance News Network
Cynata Therapeutics (ASX:CYP) 1H20 results & outlook

Cynata Therapeutics (ASX:CYP) 1H20 results & outlook

31 Mar 2020 - Cynata Therapeutics Limited (ASX:CYP) Managing Director, Dr Ross MacDonald, talks 1H20 results, upcoming Phase 2 clinical trials, licensing and strategy to build the company's Cymerus cell therapy platform.
Finance News Network
Oil crashes to an 18-year low: ASX poised to open higher

Oil crashes to an 18-year low: ASX poised to open higher

31 Mar 2020 - We saw a surge on the markets yesterday closing 7% higher – this movement is expected to continue with the ASX expected to open higher this morning. European governments moved to tighten restrictions to contain the coronavirus outbre...
Finance News Network
A great session on the markets jumping up in afternoon trade: ASX closed 7 per cent higher

A great session on the markets jumping up in afternoon trade: ASX closed 7 per cent higher

30 Mar 2020 - It has been a mostly positive day of trade for the ASX after managing to gain momentum the local bourse managed to close 7% higher. Mayne Pharma (ASX:MYX) shares saw a rise today. Cyclopharm, (ASX:CYC) through its subsidary Cyclomedi...
Finance News Network
Protective gear helps Ansell (ASX:ANN) shares rise: ASX tracking 1.4% higher at noon

Protective gear helps Ansell (ASX:ANN) shares rise: ASX tracking 1.4% higher at noon

30 Mar 2020 - The ASX rose at the open then after a shaky start rose up to be now tracking 1.4% higher at noon. Ansell (ASX:ANN) shares performed well today after they affirmed their guidance as demand jumps for protective wear. Declines were seen...
Finance News Network
Fortescue Metals Group Ltd (ASX:FMG) Port Hedland shipments continue

Fortescue Metals Group Ltd (ASX:FMG) Port Hedland shipments continue

30 Mar 2020 - Fortescue Metals Group Ltd (ASX:FMG) shipments continue from Port Hedland as scheduled with mining, processing and shipping activity remaining in line with our guidance for FY20.
Finance News Network
Speedcast International (ASX:SDA) hit by COVID-19 impact on cruising

Speedcast International (ASX:SDA) hit by COVID-19 impact on cruising

30 Mar 2020 - Speedcast International (ASX:SDA) has reported an NPAT loss of US$460 million for 2019 including US$4143.8 million of non-cash impairment charges and write-downs.
Finance News Network
Energy Resources of Australia (ASX:ERA) restrict access to mine to protect indigenous communities in

Energy Resources of Australia (ASX:ERA) restrict access to mine to protect indigenous communities in

30 Mar 2020 - Energy Resources of Australia (ASX:ERA) has brought in a broad program of measures to protect vulnerable Australians in indigenous communities from the spread of coronavirus (COVID-19).
Finance News Network
Yancoal (ASX:YAL) to acquire additional 10% stake in Moolarben

Yancoal (ASX:YAL) to acquire additional 10% stake in Moolarben

30 Mar 2020 - Yancoal’s (ASX:YAL) wholly owned subsidiary, Yancoal Moolarben has entered into a binding agreement to buy a 10 per cent stake in the Moolarben Coal Joint Venture - currently owned by Sojitz Corporation.
Finance News Network
XTEK (ASX:XTE) 1H20 results and outlook

XTEK (ASX:XTE) 1H20 results and outlook

30 Mar 2020 - XTEK Limited (ASX:XTE) Managing Director Philippe Odouard talks 1H20 results, the company's front-line products for the Australian Defence Force and police forces, US strategy and outlook.
Finance News Network
IMF head says global economy has entered recession: ASX poised to open lower

IMF head says global economy has entered recession: ASX poised to open lower

30 Mar 2020 - We can expect the sharemarket to start the week lower this morning after Wall Street fell in Friday’s session and the death toll from the coronavirus continues to rise globally. The head of the International Monetary Fund Kristalina ...
Finance News Network
Global rescue plan to fight coronavirus fails to boost markets: ASX closed 5.3% lower

Global rescue plan to fight coronavirus fails to boost markets: ASX closed 5.3% lower

27 Mar 2020 - After a promising start, the ASX took a dip around midday trading and failed to gain momentum bourse closing 5.3% lower. Wisetech Global (ASX:WTC) shares rose today as did Clinuvel (ASX:CUV). Declines were seen with oOh!Media (ASX:OM...
Finance News Network
Afterpay (ASX:APT) shares on the rise as they weather the storm: ASX tracking 0.5% lower

Afterpay (ASX:APT) shares on the rise as they weather the storm: ASX tracking 0.5% lower

27 Mar 2020 - The ASX shot up at the open but took a downward turn in late morning trade and is now tracking 0.5% lower at noon. Shares in Afterpay Touch (ASX:APT) are rising today after a bit of a rollercoaster. Co-Founder and CEO Anthony Eisen i...
Finance News Network
Adairs (ASX:ADH) to close stores temporarily

Adairs (ASX:ADH) to close stores temporarily

27 Mar 2020 - Adairs (ASX:ADH) will temporarily close all of its Australian stores from close of trade on Sunday 29 March 2020.
Finance News Network
Incitec Pivot (ASX:IPL) to put development of Queensland Gas tenement

Incitec Pivot (ASX:IPL) to put development of Queensland Gas tenement

27 Mar 2020 - Incitec Pivot (ASX:IPL) today announced that the 50/50 joint venture project concerning the coal seam gas acreage (ATP 2031) in Queensland’s Surat Basin has been temporarily paused at the request of its partner Central Petroleum (ASX...
Finance News Network
Jupiter Mines (ASX:JMS) confirms 21 day lockdown in South Africa has started

Jupiter Mines (ASX:JMS) confirms 21 day lockdown in South Africa has started

27 Mar 2020 - Jupiter Mines (ASX:JMS) confirms that the 21 day lockdown in South Africa started yesterday.
Finance News Network
Syrah Resources (ASX:SYR) suspend production at Balama Graphite Operation

Syrah Resources (ASX:SYR) suspend production at Balama Graphite Operation

27 Mar 2020 - Syrah Resources (ASX:SYR) says The Government of Mozambique has enacted additional measures in relation to the management of COVID-19, including suspension of all inbound travel visa operations and mandating 14-day selfquarantine for...
Finance News Network
90% of Australian businesses set to be impacted by COVID-19: ASX set to open higher

90% of Australian businesses set to be impacted by COVID-19: ASX set to open higher

27 Mar 2020 - Positive leads from US markets mean we are set to see the ASX open higher this morning. All three major benchmarks on Wall Street closed sharply higher yesterday ignoring the US jobless claims surging to more than 3 million in the la...
Finance News Network
Cashwerkz (ASX:CWZ) 1H20 results & outlook

Cashwerkz (ASX:CWZ) 1H20 results & outlook

26 Mar 2020 - Cashwerkz Limited (ASX:CWZ) Executive Chairman John Nantes talks about the company's 1H20 results, new partners to the platform, outlook for the second half and impact of COVID-19.
Finance News Network
Household wealth up 3.3% in the December quarter: ASX tracking 0.6% higher at noon

Household wealth up 3.3% in the December quarter: ASX tracking 0.6% higher at noon

26 Mar 2020 - The ASX shot up at the open and is now tracking 0.6% higher at noon. Shares in The Star Entertainment Group (ASX:SGR) are on the rise after reporting yesterday that they will temporarily stand down over 90% of their approximately 9,0...
Finance News Network
Ramsay Health Care's (ASX:RHC) facilities are being utiilised by the government

Ramsay Health Care's (ASX:RHC) facilities are being utiilised by the government

26 Mar 2020 - Ramsay Health Care (ASX:RHC) confirms that it is in discussions with Federal and State Governments in Australia regarding the capacity and support Ramsay is able to provide as part of the Government’s COVID-19 response.
Finance News Network
Premier Investments (ASX:PMV) to close Australian stores for four weeks

Premier Investments (ASX:PMV) to close Australian stores for four weeks

26 Mar 2020 - Retail group Premier Investments (ASX:PMV) is to temporarily close all retail stores in Australia from 6 pm (local time) today, 26 March 2020, until 9 am (local time) Wednesday 22 April 2020.
Finance News Network
The Flight Centre Travel Group (ASX:FLT) to stand down 6,000 workers

The Flight Centre Travel Group (ASX:FLT) to stand down 6,000 workers

26 Mar 2020 - The Flight Centre Travel Group (ASX:FLT) is to stand down around 6,000 support and sales roles either temporarily or permanently, including 3,800 people in Australia.
Finance News Network
Lovisa (ASX:LOV) temporarily shuts stores in Australia, NZ and South Africa

Lovisa (ASX:LOV) temporarily shuts stores in Australia, NZ and South Africa

26 Mar 2020 - Jewellery store Lovisa (ASX:LOV) has decided today to temporarily shut stores in Australia, New Zealand and South Africa.
Finance News Network
US stimulus package cause markets to rise for a second day: ASX set to open high

US stimulus package cause markets to rise for a second day: ASX set to open high

26 Mar 2020 - As the US markets pared their gains, the ASX looks set to open higher this morning. The Dow has jumped in the last two days as the White House and congressional leaders said they had agreed to a $2 trillion stimulus bill to combat th...
Finance News Network
Market lifts on US stimulus agreed of $US2 trillion: ASX closed 5.5% higher

Market lifts on US stimulus agreed of $US2 trillion: ASX closed 5.5% higher

25 Mar 2020 - It has been a positive day of trade for the ASX after rising at the open it managed to stay in positive territory closing 5.5% higher. Qantas (ASX:QAN) shares rose after securing $1.5 billion in debt funding. New Zealand sanitiser ma...
Finance News Network
Qantas secures $1.5b in debt funding: ASX tracking 3.5% higher at noon

Qantas secures $1.5b in debt funding: ASX tracking 3.5% higher at noon

25 Mar 2020 - The ASX shot up at the open and is now tracking 3.5% higher at noon. Prime Minister Scott Morrison announced that a COVID-19 coordination commission has been established, which will be headed up by former Fortescue Metals Group chief...
Finance News Network
The Star Entertainment Group (ASX:SGR) stand down 90% of their employees

The Star Entertainment Group (ASX:SGR) stand down 90% of their employees

25 Mar 2020 - The Star Entertainment Group (ASX:SGR) are in the process of temporarily standing down over 90 per cent of their approximately 9,000 employees.
Finance News Network