Tabcorp Holdings (ASX:TAH) stands down 700 staff

Tabcorp Holdings (ASX:TAH) stands down 700 staff

07 Apr 2020 - Tabcorp Holdings (ASX:TAH) is to temporary stand down over 700 employees in businesses where there is no work as a result of COVID-19 shutdowns.
Finance News Network

More Videos by Finance News Network

Fourth consecutive day of gains: ASX closes 0.8% higher

Fourth consecutive day of gains: ASX closes 0.8% higher

04 Jun 2020 - It has been a positive day of trade for the Australian share market hitting four consecutive days of gains. With a sell off around lunchtime the local bourse managed to close 0.8% higher. Shares in Unibail-Rodamco-Westfield (ASX:URW)...
Retail sales slumped 17.7% in April: ASX tracking 0.4% higher at noon

Retail sales slumped 17.7% in April: ASX tracking 0.4% higher at noon

04 Jun 2020 - The ASX shot up at the open and is now tracking 0.4% higher at noon. Shares in Unibail-Rodamco-Westfield (ASX:URW) are on the up as shopping restrictions in Europe ease. Shares in Nufarm (ASX:NUF) meanwhile are declining. And Primewe...
Evolution Mining (ASX:EVN) is to divest Cracow gold mine for $125 million

Evolution Mining (ASX:EVN) is to divest Cracow gold mine for $125 million

04 Jun 2020 - Evolution Mining (ASX:EVN) has entered into a binding agreement with Aeris Resources (ASX:AIS) to sell the Cracow gold mine in Queensland for a total consideration of up to $125 million.
Syncrude Canada has awarded Worley (ASX:WOR) a services agreement

Syncrude Canada has awarded Worley (ASX:WOR) a services agreement

04 Jun 2020 - Syncrude Canada has awarded Worley (ASX:WOR) a services agreement for its Canadian hydrocarbon facilities.
Splitit Payments (ASX:SPT) see strong growth throughout May

Splitit Payments (ASX:SPT) see strong growth throughout May

04 Jun 2020 - Splitit Payments (ASX:SPT) record monthly Merchant Sales Volume of US$25.8 million in May, up 321 per cent compared to May 2019 and up 39 per cent compared to April 2020.
Dexus (ASX:DXS) completes 50% interest in Rialto Towers

Dexus (ASX:DXS) completes 50% interest in Rialto Towers

04 Jun 2020 - Dexus (ASX:DXS) has settled the acquisition of a 50 per cent interest in Rialto Towers, Melbourne on behalf of a Joint Venture with GIC.
Australia poised for recession: ASX set to open higher

Australia poised for recession: ASX set to open higher

04 Jun 2020 - Following a broad rally from US markets overnight, the ASX looks set to open higher this morning. If the GDP continues to fall in the next quarter Australia will enter its first technical recession in 29 years. The Australian dollar ...
Gross Domestic Product fell 0.9% in the March quarter: ASX tracking 0.3% higher at noon

Gross Domestic Product fell 0.9% in the March quarter: ASX tracking 0.3% higher at noon

03 Jun 2020 - The ASX shot up at the open and is now tracking almost 0.9% higher at noon. Banks are performing well so far this morning following GDP and building approvals data from the ABS earlier today. Shares in SkyCity (ASX:SKC) rose as they ...
Air New Zealand (ASX:AIZ) carried just 15 passengers in April

Air New Zealand (ASX:AIZ) carried just 15 passengers in April

03 Jun 2020 - Air New Zealand (ASX:AIZ) carried a total of 15 passengers in April, 98.9 per cent fewer than usual.
Perseus Mining (ASX:PRU) to acquire Exore Resources

Perseus Mining (ASX:PRU) to acquire Exore Resources

03 Jun 2020 - Perseus Mining (ASX:PRU) will acquire junior Exore Resources in a $64 million all scrip deal.
Cyclopharm (ASX:CYC) US FDA progress for Technegas

Cyclopharm (ASX:CYC) US FDA progress for Technegas

03 Jun 2020 - Cyclopharm (ASX:CYC) Managing Director and CEO James McBrayer provides an update on US FDA progress with Technegas, approval in Russia and potential use of Technegas in the diagnosis and management of COVID-19.
AUD jumps 1.5% against the USD: ASX poised to open higher

AUD jumps 1.5% against the USD: ASX poised to open higher

03 Jun 2020 - Following gains from US markets overnight, the ASX looks set to open higher this morning. Around the world stock markets have hit their highest levels since March as signs of a global economic recovery from Covid-19 offset concerns o...
RBA keeps interest rates on hold at 0.25%: ASX closes 0.3% higher

RBA keeps interest rates on hold at 0.25%: ASX closes 0.3% higher

02 Jun 2020 - It has been an up and down day of trade for the Australian share market, which closed 0.3 per cent higher. Shopping centre company Unibail-Rodamco-Westfield saw their shares rise today after opening 65 of 90 centres after Covid-19 re...
Australia records another current account surplus: ASX tracking 0.1% lower at noon

Australia records another current account surplus: ASX tracking 0.1% lower at noon

02 Jun 2020 - The ASX saw a bit of a rollercoaster ride this morning, dipping again in mid morning trade to now be tracking 0.1% lower at noon. Shares in Vicinity Centres (ASX:VCX) are down after they raised $1.2b in a fully underwritten placement...
Vicinity Centres (ASX:VCX) completes $1.2b placement

Vicinity Centres (ASX:VCX) completes $1.2b placement

02 Jun 2020 - Vicinity Centres (ASX:VCX) has successfully completed a fully underwritten placement of fully paid new stapled securities to institutional and professional investors, at the offer price of $1.48 per New Security details of which were...
AVITA Medical (ASX:AVH) files RECELL application with FDA

AVITA Medical (ASX:AVH) files RECELL application with FDA

02 Jun 2020 - AVITA Medical (ASX:AVH) has submitted an Investigational Device Exemption (IDE) supplement with the US Food and Drug Administration (FDA) for a clinical trial to investigate the RECELL® System for the treatment of vitiligo.
Iress (ASX:IRE) completes $150 million placement

Iress (ASX:IRE) completes $150 million placement

02 Jun 2020 - Iress (ASX:IRE) has successfully completed a $150 million fully underwritten placement of approximately 14.4 million new fully paid ordinary shares to institutional and sophisticated investors at a price of $10.42 per Placement Share.
AUD sees a four-month high against the greenback: ASX poised to rise at the open

AUD sees a four-month high against the greenback: ASX poised to rise at the open

02 Jun 2020 - The ASX is expected to open slightly higher. Today all eyes will be on the RBA’s policy statement at 2:30 pm AEST to discuss our economic recovery. Wall Street saw stocks rise as investors optimism grew on economic recovery. Although...
Fortescue reaches new record on the back of iron ore price surge, Aussie dollar pops: Aus shares fin

Fortescue reaches new record on the back of iron ore price surge, Aussie dollar pops: Aus shares fin

01 Jun 2020 - The local sharemarket started the new month with a 1.1 per cent rally to finish at 5819 as iron ore miners pushed higher and banks bounced back from a weak start.
NetLinkz (ASX:NET) - networking specialist

NetLinkz (ASX:NET) - networking specialist

01 Jun 2020 - NetLinkz Limited (ASX:NET) Executive Chairman & CEO James Tsiolis provides an update on the company's suite of networking solutions, the market opportunity and progress with partners.
Aussie shares reverse early dip, big 4 push higher, iron surges boosting miners: Aus shares 0.7% hig

Aussie shares reverse early dip, big 4 push higher, iron surges boosting miners: Aus shares 0.7% hig

01 Jun 2020 - The Australian sharemarket has reversed an early dip the beginning of the trading week as the big four bank stocks push higher, while property stocks are taking a hit on the back of falls in property prices. The S&P/ASX200 Index is u...
Iress raising $170m to fund $107m acquisition of OneVue

Iress raising $170m to fund $107m acquisition of OneVue

01 Jun 2020 - Financial software provider Iress (ASX:IRE) is going cap in hand to investors to raise $170 million to fund the $107 million takeover of OneVue.
Mesoblasts REMESTEMCEL-L "significantly improved outcomes" in patients with inflammatory lung diseas

Mesoblasts REMESTEMCEL-L "significantly improved outcomes" in patients with inflammatory lung diseas

01 Jun 2020 - Mesoblast (ASX:MSB) says its lead mesenchymal stem cell (MSC) product candidate remestemce-L treatment showed significantly improved outcomes for patients with chronic obstructive pulmonary disease (COPD).
Monadelphous (ASX:MND) secures $150m worth of new contracts

Monadelphous (ASX:MND) secures $150m worth of new contracts

01 Jun 2020 - Engineering company Monadelphous Group (ASX:MND) has secured a number of new construction and maintenance contracts worth a combined $150 million.