Dow drops more than 250pts to end the week: Aus shares set for soft open

Dow drops more than 250pts to end the week: Aus shares set for soft open

21 Oct 2019 - The local sharemarket looks set to dip at the open after Wall Street fell by up to 1 per cent on Friday. Wisetech Global (ASX:WTC) has rejected the attack on its business by short-selling hedge fund J Capital Research.
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Collaborate Corporation (ASX:CL8) drives deal with Hyundai over the line: Aus shares 0.7% higher ove

Collaborate Corporation (ASX:CL8) drives deal with Hyundai over the line: Aus shares 0.7% higher ove

18 Oct 2019 - Over the week, the market has gained 43 points or 0.7%. Stocks fell today as the market came to terms with lower than expected Chinese GDP figures for Q3. Collaborate Corporation’s (ASX:CL8) subsidiary, DriveMyCar, has penned an agre...
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Calima Energy (ASX:CE1) - gas play, British Columbia

Calima Energy (ASX:CE1) - gas play, British Columbia

18 Oct 2019 - Calima Energy Limited (ASX:CE1) Managing Director, Alan Stein, talks about the company's strategy, recent capital raising, and results from the drill program at its Montney project.
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FCA approves Cardno (ASX:CDD) demerger: Aus shares 0.6% lower at noon

FCA approves Cardno (ASX:CDD) demerger: Aus shares 0.6% lower at noon

18 Oct 2019 - The S&P/ASX200 opened lower despite positive earnings results on Wall street and encouraging movement toward a Brexit deal. It is now tracking 0.6% lower at noon, with every sector down except Communications. The FCA has approved Car...
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APRA won’t launch appeal against IOOF (ASX:IFL)

APRA won’t launch appeal against IOOF (ASX:IFL)

18 Oct 2019 - Wealth Manager, IOOF (ASX:IFL) has announced the Australian Prudential Regulation Authority will not appeal the Federal Court's decision to dismiss its case against IOOF after the deadline for the regulator to lodge an appeal passed.
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Fluence (ASX:FLC) successfully raises $36 million to underpin growth

Fluence (ASX:FLC) successfully raises $36 million to underpin growth

18 Oct 2019 - Wastewater management company Fluence (ASX:FLC) has finished a successful capital raise of $36 million at a price per share of $0.44 from sophisticated and professional investors.
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Sydney Airport (ASX:SYD) traffic rises in September

Sydney Airport (ASX:SYD) traffic rises in September

18 Oct 2019 - Sydney Airport (ASX:SYD) traffic rose 1.4 per cent to 3.65 million in September, with year-to-date traffic down 0.1 per cent to 32.8 million.
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St Barbara’s (ASX:SBM) FY20 gold production guidance dips

St Barbara’s (ASX:SBM) FY20 gold production guidance dips

18 Oct 2019 - Gold miner St Barbara (ASX:SBM) has lowered its financial year 20 production guidance for its Western Australian Gwalia mine.
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Tassal receives major approvals for stage 3 expansion of Proserpine prawn farm

Tassal receives major approvals for stage 3 expansion of Proserpine prawn farm

18 October 2019 - Tassal Group (ASX:TGR) has received the green light from the Whitsunday regional Council and Queensland State Government for the Company’s Stage 3 expansion plans for its prawn farm located near Proserpine.
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Seven West (ASX:SWM) and Prime to merge

Seven West (ASX:SWM) and Prime to merge

18 Oct 2019 - Seven West Media (ASX:SWM) has announced plans to merge with regional affiliate Prime Media and to sell Western Australia radio business Red Wave to Southern Cross Austereo.
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Wall Street rises on earnings and Brexit news: Aus shares to defy leads and open lower

Wall Street rises on earnings and Brexit news: Aus shares to defy leads and open lower

18 Oct 2019 - The local sharemarket is set to dip at the open despite positive earnings results on Wall street and news about a Brexit deal. In the US stocks rose on Thursday after upbeat earnings results from companies such as Netflix and Morgan ...
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Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

17 Oct 2019 - The ASX dropped at the open and failed to gain momentum closing 0.8% lower. Shares in Wisetech Global (ASX:WTC) slumped today - they have entered into a trading halt pending the release of an announcement on Monday. CIMIC Group compa...
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IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

17 Oct 2019 - The ASX dropped at the open and is now tracking 0.4% lower at noon. Shares in IOOF Holdings (ASX:IFL) are on the up after ANZ (ASX:ANZ) reduced the price for the sale of its OnePath Pensions and Investments business and Aligned Deale...
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Bank of Queensland (ASX:BOQ) see 14% decline in FY19 cash earnings

Bank of Queensland (ASX:BOQ) see 14% decline in FY19 cash earnings

17 Oct 2019 - Bank of Queensland (ASX:BOQ) reports their financial year 2019 cash earnings after tax of $320 million, is down 14 per cent on financial year 2018.
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Alumina Limited (ASX:AWC) show Alcoa's fall in API

Alumina Limited (ASX:AWC) show Alcoa's fall in API

17 Oct 2019 - Alumina Limited (ASX:AWC) have reported on Alcoa Corp’s quarterly earnings release, showing a 17 per cent fall in Alumina Price Index.
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ANZ (ASX:ANZ) reduces price on OnePath P&I sale to IOOF

ANZ (ASX:ANZ) reduces price on OnePath P&I sale to IOOF

17 Oct 2019 - ANZ (ASX:ANZ) has reduced the price for the sale of its OnePath Pensions & Investments business and Aligned Dealer Groups to IOOF Holdings (ASX:IFL) from $975 million to $850 million.
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Cynata Therapeutics (ASX:CYP) withdraw from acquisition discussions

Cynata Therapeutics (ASX:CYP) withdraw from acquisition discussions

17 Oct 2019 - Biotech company Cynata Therapeutics (ASX:CYP) has decided to withdraw from acquisition discussions with Sumitomo Dainippon Pharma Co.
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Santos (ASX:STO) production 7% higher than the second quarter

Santos (ASX:STO) production 7% higher than the second quarter

17 Oct 2019 - Santos (ASX:STO) released their third quarter activities report showing record production and sales volumes and the second highest quarterly sales revenue on record.
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IAG (ASX:IAG) agrees sale of 26% interest in SBI General

IAG (ASX:IAG) agrees sale of 26% interest in SBI General

17 Oct 2019 - IAG (ASX:IAG) has agreed to sell the whole of its 26 per cent interest in its joint venture with the State Bank of India, SBI General Insurance Company.
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US retail sales decline unexpectedly: ASX poised to open lower

US retail sales decline unexpectedly: ASX poised to open lower

17 Oct 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. Retail sales in the US saw the first decline in seven months – this could bolster potential for a third Federal Reserve interest-rate cut. Gold produ...
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Leading Index shows economic growth well below trend: ASX closes 1.3% higher

Leading Index shows economic growth well below trend: ASX closes 1.3% higher

16 Oct 2019 - It has been a positive day of trade for the ASX, closing 1.3% higher. Silverlake (ASX:SLR) and Nearmap (ASX:NEA) shot up today. Shares in the Afterpay Touch Group (ASX:APT) slumped today. Westpac–MI Leading Index is showing economic ...
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Shares in Afterpay (ASX:APT) take a dip after broker call: ASX 0.9% higher at noon

Shares in Afterpay (ASX:APT) take a dip after broker call: ASX 0.9% higher at noon

16 Oct 2019 - The ASX rose at the open and managed to maintain momentum positive leads from Wall Street and is now tracking 0.9% higher at noon. Afterpay touch group (ASX:APT) took a dip today - this appears to be attributable to a broker call. To...
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Worley (ASX:WOR) responds to creeping acquisitions by Dar Group

Worley (ASX:WOR) responds to creeping acquisitions by Dar Group

16 Oct 2019 - Engineering company Worley (ASX:WOR) has notified the ASX of its operations to the Foreign Investment Review Board, in the context of possible creeping acquisitions by its largest shareholder, Dar Group.
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Noxopharm (ASX:NOX) makes changes to its executive structure

Noxopharm (ASX:NOX) makes changes to its executive structure

16 Oct 2019 - Noxopharm (ASX:NOX) has made some changes to its senior executive and Board structures.
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Ingenia Communities Group set to raise $131.1 million to fund acquisitions

Ingenia Communities Group set to raise $131.1 million to fund acquisitions

16 Oct 2019 - Ingenia Communities Group (ASX:INA) hopes to raise $131.1 million to fund acquisitions and accelerate growth.
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The Reject Shop (ASX:TRS) performance improves since the end of FY2019

The Reject Shop (ASX:TRS) performance improves since the end of FY2019

16 Oct 2019 - The Reject Shop (ASX:TRS) reports seeing a positive shift of comparable sales performance with improving momentum in the first 15 weeks of FY2020 up 0.3 per cent.
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Northern Star Resources (ASX:NST) acquires control of Echo Resources

Northern Star Resources (ASX:NST) acquires control of Echo Resources

16 Oct 2019 - Northern Star Resources (ASX:NST) has acquired a relevant interest in 59.3 per cent of Echo Resources.
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Scentre Group (ASX:SCG) to say goodbye to their Chief Operating Officer

Scentre Group (ASX:SCG) to say goodbye to their Chief Operating Officer

16 Oct 2019 - Scentre Group’s (ASX:SCG) Chief Operating Officer, Greg Miles, will retire in 2020 after almost 23 years with the Scentre Group and Westfield executive teams.
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Sterling soars amid Brexit deal hopes: ASX set to open higher

Sterling soars amid Brexit deal hopes: ASX set to open higher

16 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher. It was good news in the US as stocks hit four-week highs. Healthcare and financials led the gains. The UK saw the sterling soar to a four-month high as the B...
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Nick Scali (ASX:NCK) shares drop on housing market woes: ASX closed 0.1% higher

Nick Scali (ASX:NCK) shares drop on housing market woes: ASX closed 0.1% higher

15 Oct 2019 - After a drop in early trade the ASX managed to maintain momentum and closed 0.1% higher. Southern Cross Media (ASX:SXL) shares have fallen sharply on the back of the company’s latest trading update. Nick Scali (ASX:NCK) shares took a...
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Qantas helps local shares push to flat: Aus shares 0.1% higher at noon

Qantas helps local shares push to flat: Aus shares 0.1% higher at noon

15 Oct 2019 - The Australian share market opened lower this morning following leads from the US but has gained some momentum and is now edging into positive territory in the second hour of trade. Retail Food Group (ASX:RFG) has announced a $190 mi...
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Southern Cross (ASX:SXL) shares plummet on latest trading update

Southern Cross (ASX:SXL) shares plummet on latest trading update

15 Oct 2019 - Southern Cross Media (ASX:SXL) shares have fallen sharply on the back of the company’s latest trading update.
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EBOS Group announces $34m acquisition of LMT and National Surgical

EBOS Group announces $34m acquisition of LMT and National Surgical

15 Oct 2019 - Medical marketer and wholesaler EBOS (ASX:EBO) has entered into the medical device market with the $34 million acquisition of LMT and National Surgical businesses.
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IMF Bentham (ASX:IMF) announces acquisition of Omni Bridgeway, $139m capital raising

IMF Bentham (ASX:IMF) announces acquisition of Omni Bridgeway, $139m capital raising

15 Oct 2019 - IMF Bentham (ASX:IMF) will finance its proposed $141 million acquisition of European litigation funder Omni Bridgeway via a capital raising.
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NAB (ASX:NAB) appoints Kathryn Fagg to the Board

NAB (ASX:NAB) appoints Kathryn Fagg to the Board

15 Oct 2019 - NAB (ASX:NAB) has announced the appointment of Ms Kathryn Fagg as a non-executive director effective from 16 December 2019.
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Nine (ASX:NEC) announces compulsory acquisition of shares in Macquarie Media

Nine (ASX:NEC) announces compulsory acquisition of shares in Macquarie Media

15 Oct 2019 - Nine Entertainment (ASX:NEC) has announced it now holds a stake of 98.64 per cent in Macquarie Media following the closure of its offer period at 7.00pm yesterday.
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Newcrest (ASX:NCM) board gives first stage of Cadia the green light

Newcrest (ASX:NCM) board gives first stage of Cadia the green light

15 Oct 2019 - Newcrest Mining (ASX:NCM) has announced the board has approved the first stage of an expansion project at its Cadia gold mine in NSW.
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Wall St slips on US-China trade deal doubts: Aus shares to follow lower

Wall St slips on US-China trade deal doubts: Aus shares to follow lower

15 Oct 2019 - The local sharemearket is set to open lower after Wall Street slipped on new concerns around a US-China trade agreement. Australia’s largest airline, Qantas (ASX:QAN) has announced that it is once again in a position to qualify for i...
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Bell Potter upgrades a2 Milk (ASX:A2M): Aus shares close 0.5% higher

Bell Potter upgrades a2 Milk (ASX:A2M): Aus shares close 0.5% higher

14 Oct 2019 - The Aussie share market managed to carve out gains for its third consecutive session finishing 0.5% higher. The majority of sectors closed in the green with Energy outperforming the market. The eagerly-anticipated Home Consortium (AS...
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Bendigo and Adelaide Bank (ASX:BEN) appoint new Company Secretary.

Bendigo and Adelaide Bank (ASX:BEN) appoint new Company Secretary.

14 Oct 2019 - Bendigo and Adelaide Bank (ASX:BEN) have appointed Ms Carmen Lunderstedt as Company Secretary.
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Seven West Media (ASX:SWM) responds to ASX query

Seven West Media (ASX:SWM) responds to ASX query

14 Oct 2019 - Seven West Media (ASX:SWM) has responded to an ASX query arising out of media speculation this morning, that the company's in talks regarding its magazine interests.
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Santos (ASX:STO) aquires ConocoPhillips’ northern Australia assets

Santos (ASX:STO) aquires ConocoPhillips’ northern Australia assets

14 Oct 2019 - Santos (ASX:STO) is set to acquire ConocoPhillips’ northern Australian assets which includes the Darwin liquefied natural gas (LNG) plant and the Barossa gas venture off the coast for US$1.39 billion.
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FINEOS Corporation Holdings (ASX:FCL) appoints new Independent Non Executive Director

FINEOS Corporation Holdings (ASX:FCL) appoints new Independent Non Executive Director

14 Oct 2019 - FINEOS Corporation Holdings (ASX:FCL) has appointed Mr. David Hollander as an Independent Non Executive Director to the Board.
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Fisher & Paykel Healthcare (ASX:FPH) releases new OSA Full Face Mask in USA

Fisher & Paykel Healthcare (ASX:FPH) releases new OSA Full Face Mask in USA

14 Oct 2019 - Fisher & Paykel Healthcare (ASX:FPH) has released its new OSA Full Face Mask in USA.
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Sky Network Television (ASX:SKT) confirms broadcast deal with SANZAAR Rugby

Sky Network Television (ASX:SKT) confirms broadcast deal with SANZAAR Rugby

14 Oct 2019 - Sky Network Television (ASX:SKT) has confirmed its broadcast deal with SANZAAR Rugby.
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‘Phase 1’ deal between US and China brings optimism: ASX to open higher

‘Phase 1’ deal between US and China brings optimism: ASX to open higher

14 Oct 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. A partial trade deal was secured between China and the US bringing optimism to the markets. London-listed equities exposed to the domestic econo...
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Citi downgrade Domino’s Pizza Enterprises (ASX:DMP): Aus shares close 0.9% higher

Citi downgrade Domino’s Pizza Enterprises (ASX:DMP): Aus shares close 0.9% higher

11 Oct 2019 - The Australian share market jumped in the first 10 minutes of trade and tracked sideways for most of the day to finish 0.9% higher at the close. Sky Network Television (ASX:SKT) has responded to media speculation denying that it has ...
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Broncos (ASX:BBL) farewell only female board member: Aus shares 0.8% higher at noon

Broncos (ASX:BBL) farewell only female board member: Aus shares 0.8% higher at noon

11 Oct 2019 - The S&P/ASX200 is 0.8 per cent higher at noon with all of the sectors except REITs advancing. The first female director of the Brisbane Broncos (ASX:BBL) has resigned signalling a return to an all-male board.
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