ASX200 ends today 0.6% lower: Aus shares down 2.3% over week

ASX200 ends today 0.6% lower: Aus shares down 2.3% over week

10 Jul 2020 - After a shaky day of trade the Australian market closed 0.6% lower. UBS has downgraded Treasury Wines Estates (ASX:TWE) from a Buy to a Neutral, with a 12 month price target of $11.80.
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Woodside (ASX:WPL) records US$4.067 billion profit loss

Woodside (ASX:WPL) records US$4.067 billion profit loss

13 Aug 2020 - Woodside Petroleum (ASX:WPL) has reported a US$4.067 billion (A$5.7 billion) loss of 28% in first-half profit due to a drop in oil and gas prices in the height of the Covid-19 pandemic.
Evolution Mining (ASX:EVN) rewards investors as profits rise

Evolution Mining (ASX:EVN) rewards investors as profits rise

13 Aug 2020 - Evolution Mining (ASX:EVN) has reported a 38% increase in net profit after tax to a record $301.6 million compared to $218.2 million for FY19. The mining company will pay a record final dividend for the year of 9 cents per share full...
Telstra (ASX:TLS) to pay dividend despite 14.4% profit drop

Telstra (ASX:TLS) to pay dividend despite 14.4% profit drop

13 Aug 2020 - Telstra (ASX:TLS) has reported a 14.4% drop in net profit after tax to $1.8 billion, taking the telco’s total income to a loss of 5.9% to $26.2 billion.
AGL Energy (ASX:AGL) reports 22% dip in underlying profit

AGL Energy (ASX:AGL) reports 22% dip in underlying profit

13 Aug 2020 - AGL Energy (ASX:AGL) has reported a 22% drop in underlying profit after tax to $816 million this financial year compared to $1.04 billion FY19, in line with the guidance range of $780 million to $860 million provided in August 2019.
Wall St advances: Aus shares to open in the green

Wall St advances: Aus shares to open in the green

13 Aug 2020 - US markets closed on a positive foot overnight as the S&P 500 approached a near all-time high, and the Australian share market looks set to open in the green today. On Wall Street, major tech stocks advanced, all up more than 1.5% an...
Fisher & Paykel Healthcare Corporation: ASX closed 0.1% lower

Fisher & Paykel Healthcare Corporation: ASX closed 0.1% lower

12 Aug 2020 - It has been a positive day of trade for the ASX after a small dip around lunchtime the local bourse managed to close 0.1% lower. Fisher & Paykel Healthcare Corporation (ASX:FPH) have been designated an “essential service” and will co...
Galan Lithium (ASX:GLN) lithium brine developer

Galan Lithium (ASX:GLN) lithium brine developer

12 Aug 2020 - Galan Lithium Limited (ASX:GLN) Managing Director, Juan Pablo Vargas de la Vega talks about the company's lithium brine projects located within the South American Lithium Triangle in Argentina strategy and near-term targets.
Centuria Capital Group (ASX:CNI) financial year 2020 results & outlook

Centuria Capital Group (ASX:CNI) financial year 2020 results & outlook

12 Aug 2020 - Centuria Capital Group (ASX:CNI) Joint CEO John McBain discusses full year 2020 results, acquisition of Augusta Capital, and guidance for FY21.
Annual wage growth lowest in 22 years: ASX tracking 0.3% lower at noon

Annual wage growth lowest in 22 years: ASX tracking 0.3% lower at noon

12 Aug 2020 - The ASX fell in early trade after a promising start and is now tracking 0.3% lower at noon. Real estate company Unibail-Rodamco-Westfield (ASX:URW) shares are doing well today. Meanwhile, shares in employment company Seek (ASX:SEK) h...
The Magellan Financial Group (ASX:MFG) sees full year adjusted profit rise 20%

The Magellan Financial Group (ASX:MFG) sees full year adjusted profit rise 20%

12 Aug 2020 - The Magellan Financial Group (ASX:MFG) today announced adjusted after-tax net profit increased by 20 per cent to $438.3 million for the 12 months to 30 June 2020.
Transurban (ASX:TCL) sees lockdown traffic hit earnings

Transurban (ASX:TCL) sees lockdown traffic hit earnings

12 Aug 2020 - Toll road operator Transurban (ASX:TCL) report their financial year 2020 performance was impacted by the Covid-19 pandemic with average daily traffic decreasing by 8.6 per cent across the portfolio.
Whitehaven Coal's (ASX:WHC) Vickery extension project gets the green light

Whitehaven Coal's (ASX:WHC) Vickery extension project gets the green light

12 Aug 2020 - Whitehaven Coal (ASX:WHC) has today welcomed the decision by the NSW Independent Planning Commission (IPC) to green light its Vickery Extension Project near Gunnedah, in the state’s northwest.
Evolution Mining (ASX:EVN) evacuates Red Lake mine in Canada

Evolution Mining (ASX:EVN) evacuates Red Lake mine in Canada

12 Aug 2020 - Evolution Mining (ASX:EVN) has suspended operations at its Red Lake gold mine in Canada due to a bushfire.
Commonwealth Bank (ASX:CBA) profit drops 11.3%: ASX to open higher

Commonwealth Bank (ASX:CBA) profit drops 11.3%: ASX to open higher

12 Aug 2020 - The ASX looks set to open higher this morning despite shares falling at the end of trade in New York. New Zealand has been rocked by four new coronavirus cases after being Covid-19 free for 102 days. Prime Minister Jacinda Ardern has...
Jobs remain steady but fall in VIC- ABS: Aus shares close 0.5% higher

Jobs remain steady but fall in VIC- ABS: Aus shares close 0.5% higher

11 Aug 2020 - The Australian share market rose at the open closing 0.5 per cent up at the end of trade. The number of payroll jobs nationwide remained steady throughout July but Victoria saw a fall, according to figures released by the Australian ...
CIMIC Group (ASX:CIM) awarded $128 million in contracts : Aus shares 1.2% higher at noon

CIMIC Group (ASX:CIM) awarded $128 million in contracts : Aus shares 1.2% higher at noon

11 Aug 2020 - The Australian share market opened higher this morning and is now trading 1.2 per cent up at noon. CIMIC Group’s (ASX:CIM) CPB Contractors has been awarded two contracts worth $128 million for resources and water projects located in ...
IVE Group (ASX:IGL) report Coles to scale back printing

IVE Group (ASX:IGL) report Coles to scale back printing

11 Aug 2020 - IVE Group (ASX:IGL) has been informed by Coles supermarket (AX:COL) that they intend to scale back its use of the printed medium for catalogues.
1300 Smiles (ASX:ONT) rebounds after lockdown

1300 Smiles (ASX:ONT) rebounds after lockdown

11 Aug 2020 - 1300 Smiles (ASX:ONT) emerged from the Covid-19 shutdown reporting net profit down 8 per cent to $7.1 million on sales down 3 per cent to $57.1 million.
Charter Hall Social Infrastructure REIT (ASX:CQE) report profit up 25%

Charter Hall Social Infrastructure REIT (ASX:CQE) report profit up 25%

11 Aug 2020 - Charter Hall Social Infrastructure REIT (ASX:CQE) has increased its statutory profit by 25 per cent to $85.9 million in the 2020 financial year.
Sydney Airport (ASX:SYD) to launch a $2 billion equity raising

Sydney Airport (ASX:SYD) to launch a $2 billion equity raising

11 Aug 2020 - Sydney Airport (ASX:SYD) has launched a $2 billion equity raising after reporting a $53.6 million loss after income tax for the six months to June 30.
Regeneus (ASX:RGS) announces collaboration with Kyocera

Regeneus (ASX:RGS) announces collaboration with Kyocera

11 Aug 2020 - Regeneus (ASX:RGS) CEO, Leo Lee talks about its collaboration with Kyocera of Japan to market Progenza its cell therapy treatment for anti-inflammatory treatment and repair of damaged or diseased tissue.
Trump evacuated from White House after a shooting outside: ASX to open flat

Trump evacuated from White House after a shooting outside: ASX to open flat

11 Aug 2020 - Following positive leads from US markets, the ASX looks set to open higher this morning. The Dow rallied as the Nasdaq struggled somewhat with some big tech stocks slipping. President Donald Trump extended coronavirus relief. He was ...
Reporting season rolls in: Aus shares 1.2% higher at noon

Reporting season rolls in: Aus shares 1.2% higher at noon

10 Aug 2020 - The Australian share market lifted at the open as financial year reports roll in and is now tracking 1.2 per cent higher at noon. Banks and REITs have lifted while miners are lacking, but all sectors are in the green by noon. Sigma H...
GPT Group (ASX:GPT) reports $519 million loss

GPT Group (ASX:GPT) reports $519 million loss

10 Aug 2020 - GPT Group (ASX:GPT) reports a $519.1 million loss for the first half of the year, impacted by the uncertainty of the current economic climate.