Second day of falls but holding 11.5 yr highs: Aus shares close 0.3% lower

Second day of falls but holding 11.5 yr highs: Aus shares close 0.3% lower

26 Jun 2019 - Australian share market ends in red for 2nd day. Engineering construction activity work fell 4.4% in Mar Qtr, 12.9% over year. State Street snaps up 5% of Sandfire Resources (ASX:SFR) & 5% of CSR (ASX:CSR). CSR re-appoints Matthew Qu...
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Oventus Medical (ASX:OVN) Canadian sales agreements

Oventus Medical (ASX:OVN) Canadian sales agreements

26 Jun 2019 - Oventus Medical Limited (ASX:OVN) Managing Director & CEO Dr Chris Hart discusses the company's sleep apnoea treatment platform Canadian sales agreements.
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Sandfire Resources on the rise: ASX 0.1 lower at noon

Sandfire Resources on the rise: ASX 0.1 lower at noon

26 Jun 2019 - The ASX dropped like a stone at the open on the back of the Dow Jones notching its worst day of the month. The local bourse started to pare back from heavy selling and is tracking 0.1 lower at noon. Sandfire Resources (ASX:SFR) saw t...
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Dexus reports $250 million valuation uplift

Dexus reports $250 million valuation uplift

26 Jun 2019 - Property giant Dexus (ASX:DXS) today announced $250 million valuation uplift achieved across their portfolio.
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The Afterpay Touch Group will defer the retail share purchase plan

The Afterpay Touch Group will defer the retail share purchase plan

25 Jun 2019 - The Afterpay Touch Group (ASX:APT) will defer the share purchase plan announced two weeks ago as the await the outcome of the final external audit report requested by AUSTRAC.
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Lake Resources (ASX:LKE) Presentation, June 2019

Lake Resources (ASX:LKE) Presentation, June 2019

26 Jun 2019 - Lake Resources Limited (ASX:LKE) Managing Director Steve Promnitz is on site in Cauchari, Argentina, presenting the company's recent drilling results
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Emerald Resources to provide a US$60m facility for the Okvau Gold Project

Emerald Resources to provide a US$60m facility for the Okvau Gold Project

25 Jun 2019 - Gold explorer and developer Emerald Resources NL (ASX:EMR) has entered into an investment committee approved term sheet with global asset manager Sprott to provide a US$60 million facility towards the financing of the Okvau Gold Proj...
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Fletcher Building announces on-market share buy-back

Fletcher Building announces on-market share buy-back

26 Jun 2019 - Fletcher Building (ASX:FBU) will undertake a capital return to shareholders of up to NZ$300 million through an on-market share buyback.
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Tilt Renewables to conduct strategic review of Snowtown 2 windfarm

Tilt Renewables to conduct strategic review of Snowtown 2 windfarm

26 Jun 2019 - Tilt Renewables (ASX:TLT) has decided to conduct a strategic review of its ownership of the operational Snowtown 2 wind farm in South Australia.
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Fonterra Shareholders Fund announces strategic review of Snowtown 2

Fonterra Shareholders Fund announces strategic review of Snowtown 2

26 Jun 2019 - New Zealand heavyweight dairy producer Fonterra Shareholders Fund (ASX:FSF) released a global update for June showing a significant monthly production decline in Australia.
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Fed talk sends US stocks lower: ASX poised to open lower

Fed talk sends US stocks lower: ASX poised to open lower

26 Jun 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. US stocks fell the most in more than three weeks as Fed Reserve Chairman Jerome Powell warned of risks to the economy have increased reiterating ...
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Property sector on ASX at new decade high: Aus shares close 0.11% lower

Property sector on ASX at new decade high: Aus shares close 0.11% lower

25 Jun 2019 - The Australian share market shaves off half of yesterday’s gains with Utilities remaining under water. Property sector/REITs hits new decade high. Magellan (ASX:MFG) renews fund admin service agreement with Mainstream (ASX:MAI). Sand...
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Metcash extends losses: ASX 0.2% higher at noon

Metcash extends losses: ASX 0.2% higher at noon

25 Jun 2019 - The ASX opened lower following weak leads from Wall Street and is now tracking 0.2% higher at noon. The rebound saw rises in Saracen Mineral Holdings (ASX:SAR), and St Barbara (ASX:SBM). Meanwhile Nearmap (ASX:NEA), dropped almost 6 ...
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Spotless Group Holdings applies for ASX delisting

Spotless Group Holdings applies for ASX delisting

25 Jun 2019 - Spotless Group Holdings (ASX:SPO) has today submitted a formal application for the removal of Spotless from the Australian Securities Exchange (ASX) official list.
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IAG discusses possible sale of stake in Indian insurer SBIG

IAG discusses possible sale of stake in Indian insurer SBIG

25 Jun 2019 - IAG (ASX:IAG) notes speculation regarding IAG’s 26 per cent interest in SBI General Insurance Company and says as advised at its 1H19 results back in February, that IAG continues to assess options for its joint venture interests in A...
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Domino’s Pizza Enterprises addresses reports on legal action

Domino’s Pizza Enterprises addresses reports on legal action

25 Jun 2019 - Domino’s Pizza Enterprises (ASX:DMP) sent an announcement to the ASX this morning, noting media reports regarding potential legal action from current or former team members relating to their pay entitlements.
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Helloworld Travel extends services to Government agencies

Helloworld Travel extends services to Government agencies

25 Jun 2019 - Australian and New Zealand travel distribution company Helloworld Travel (ASX:HLO) reports that the Department of Finance has extended the Deed between the Department and QBT, a wholly owned subsidiary of HLO.
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Australian Vanadium signs MOU with Westgold Resources for water supply

Australian Vanadium signs MOU with Westgold Resources for water supply

25 Jun 2019 - Australian Vanadium (ASX:AVL) has signed a Memorandum of Understanding with Gold miner Westgold Resources (ASX:WGX) to access water for their Vanadium Project south of Meekatharra, in Western Australia.
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Althea MMJ to supply first UK medical cannabis pilot

Althea MMJ to supply first UK medical cannabis pilot

25 Jun 2019 - Australian medicinal cannabis company Althea Group Holdings (ASX:AGH) through its wholly-owned subsidiary Althea MMJ has moved forward with plans to increase the number of patients prescribed medical cannabis in the UK.
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Markets await G20 summit meetings: ASX poised to open lower

Markets await G20 summit meetings: ASX poised to open lower

25 Jun 2019 - Following soft leads from US markets, the Australian share market looks set to open lower. President Trump has signed an executive order imposing “hard-hitting” new sanctions on Iran. Investors are waiting anxiously for outcome of a ...
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Back into record territory on Ausdrill rally, rates cut in July: ASX 0.2% higher

Back into record territory on Ausdrill rally, rates cut in July: ASX 0.2% higher

24 Jun 2019 - Aussie shares back close 0.2% higher after spending most of the day in the red. Westpac (ASX:WBC) expects rates to be cut in July. Navitas’ (ASX:NVT) BGH takeover now legally effective & it ceases trading on the ASX after gaining 28%...
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Aveo Group and Metcash selling weigh on Monday: Aus shares 0.3% lower at noon

Aveo Group and Metcash selling weigh on Monday: Aus shares 0.3% lower at noon

24 Jun 2019 - Aussie share market pairs back from fresh highs and remains in red for 2nd day. Metcash is tracking 9.5 per cent lower despite swinging to profit. Domino’s Pizza Enterprises (ASX: DMP) upgraded to buy on 2.5x Euro scale up. Aveo Grou...
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ACCC concerned over AP Eager acquisition of AHG

ACCC concerned over AP Eager acquisition of AHG

24 Jun 2019 - ACCC raised concerned over AP Eagers(ASX:APE) potentially taking over Automotive Holdings Group (AHG) (ASX:AHG).
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City Chic Collective FY19 EBITDA $24-25m, sales ‘in their favour’

City Chic Collective FY19 EBITDA $24-25m, sales ‘in their favour’

24 Jun 2019 - Australian retailer, City Chic (ASX:CCX) is eyeing FY19 full-year underlying earnings before interest, taxation, depreciation and amortisation from continuing operations of between $24 and $25 million, which is in line with analyst c...
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Metcash back to black, $192.8m profit FY19 on supermarkets

Metcash back to black, $192.8m profit FY19 on supermarkets

24 Jun 2019 - Owner of IGA, Mitre 10 and Home Timber & Hardware, Metcash (ASX:MTS) has swung back into profit territory, reporting a $192.8 million profit for the year ending 30 April 2019. It was a surge from the prior year’s $148.2 million loss ...
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Murray Goulburn settles $42 million class action

Murray Goulburn settles $42 million class action

24 Jun 2019 - Murray Goulburn Co-operative (ASX:MGC) has settled the $42 million Endeavour River class action in the Federal Court of Australia.
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ANZ NZ welcomes independent reviews

ANZ NZ welcomes independent reviews

24 Jun 2019 - ANZ New Zealand (ASX:ANZ) says it’s willing to work with the Reserve Bank of New Zealand (RBNZ) on independent reviews of its capital models and attestation process.
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Ausdrill’s Barminco wins 5-year, $800m Botswana contract

Ausdrill’s Barminco wins 5-year, $800m Botswana contract

24 June 2019 - Ausdrill’s (ASX:ASL) hard-rock underground miner Barminco, has been awarded a 5-year mining services contract worth $800 million.
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Income tax cuts on PMs agenda: ASX set to open lower

Income tax cuts on PMs agenda: ASX set to open lower

24 Jun 2019 - Following weak leads from US markets on Friday the ASX looks set to open lower. Prime Minister Scott Morrison is set to speak at the West Australian Chamber of Commerce, his first major speech on the economy since the election. Incom...
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Oil and gold climb throughout the week: ASX closed 0.6% lower

Oil and gold climb throughout the week: ASX closed 0.6% lower

21 Jun 2019 - The ASX dropped at the open and slipped throughout the day. The Energy sector led the way as the price of oil climbed. Meanwhile, the healthcare sector fell behind. Gold miners did well this week, as central bank warnings of a weaker...
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Energy sector leading the way: ASX 0.3% lower at noon

Energy sector leading the way: ASX 0.3% lower at noon

21 Jun 2019 - The ASX opened higher following positive leads from Wall Street and is now tracking 0.3% higher at noon. Shares in CSL (ASX:CSL) have seen a drop this morning after updating the ASX on the process to its own Good Supply Practice lice...
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The a2 Milk Company welcomes measures to protect consumers in China

The a2 Milk Company welcomes measures to protect consumers in China

21 Jun 2019 - The a2 Milk Company (ASX:A2M) says they welcome measures that protect the rights and safety of consumers and the overall integrity of ecommerce channels.
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CSL transition to own distributor model in China

CSL transition to own distributor model in China

21 Jun 2019 - This morning CSL (ASX:CSL) provided an update on the process of the transition to its own Good Supply Practice license in China in FY 2020.
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Domino’s Pizza Enterprises addresses speculation on MD succession

Domino’s Pizza Enterprises addresses speculation on MD succession

21 Jun 2019 - Domino’s Pizza Enterprises (ASX:DMP) has had some speculation in the UK media that its CEO Europe, Andrew Rennie, has been identified as a leading candidate to replace the outgoing Managing Director of Domino’s Pizza Group.
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Extension for Wattle Health Australia for proposed acquisition for B&P

Extension for Wattle Health Australia for proposed acquisition for B&P

21 Jun 2019 - Wattle Health Australia (ASX:WHA) has signed an extension till the end of July with Mason Group Holdings to complete the proposed acquisition for Blend and Pack.
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Boral signs Scoresby property agreement with Mirvac

Boral signs Scoresby property agreement with Mirvac

21 Jun 2019 - Construction company Boral (ASX:BLD) has entered into a property development management deed with Mirvac (ASX:MGR).
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Vicinity prices $400m of medium term notes

Vicinity prices $400m of medium term notes

21 Jun 2019 - Vicinity Centres (ASX:VCX) today announced that it has priced $400 million of six-year medium term notes, comprising $225 million of fixed rate notes and $175 million of floating rate notes.
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MLC's approach to fixed income

MLC's approach to fixed income

21 Jun 2019 - MLC Portfolio Manager Nicholas Hofmeyr speaks to MLC Research Manager Rebecca Collins about the record low interest rate environment and why active management in fixed income portfolios is important.
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Trump plays down Iran tensions: ASX poised to open flat

Trump plays down Iran tensions: ASX poised to open flat

21 Jun 2019 - Following positive leads from US markets, the ASX looks set to open higher. The S&P 500 saw record highs – their best June since 1955. Commodity prices saw a surge as tensions bubble between the US and Iran. Beyond International (ASX...
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Stellar session: Aus shares close 0.6% higher, 140 pts off all time high

Stellar session: Aus shares close 0.6% higher, 140 pts off all time high

20 Jun 2019 - The local bourse pushed higher throughout the day, closing at another fresh high of 6,687pts, 140pts off the all-time high. GPT Group (ASX:GPT) inks commitments to raise $800m, Citi Research ups 12-month price target to $5.73 from $5...
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New 11.5yr ASX high, while Caltex & Rio cap gains: Aus shares 0.2% higher at noon

New 11.5yr ASX high, while Caltex & Rio cap gains: Aus shares 0.2% higher at noon

20 Jun 2019 - Aus shares hit new fresh high & the ASX200 is now 165pts off the all-time high. Caltex (ASX:CTX) loses 18%, 5-yrs of gains on profit/earnings downgrade. Resolute Mining (ASX:RSG) to have world’s first fully automated underground gold...
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Villa World plans on recommend AVID $293.5m takeover offer

Villa World plans on recommend AVID $293.5m takeover offer

20 Jun 2019 - Property developer Villa World (ASX:VLW) plans to recommend that shareholders vote in favour of the revised $293.5 million takeover offer from AVID Property Group Australia.
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Caltex slashes NPAT by $156m & EBIT by $173m

Caltex slashes NPAT by $156m & EBIT by $173m

20 Jun 2019 - Caltex (ASX:CTX) expects its half-year 30 June 2019 replacement cost operating profit (RCOP) NPAT to be $156 million less, than the same time last year’s result.
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Sydney Airport overseas passengers soars 6.3% in May, boosted by US & Asia

Sydney Airport overseas passengers soars 6.3% in May, boosted by US & Asia

20 Jun 2019 - Sydney Airport (ASX:SYD) saw the number of passengers last through its Airport grow 2.4 per cent in May, compared to the same month last year (2018), fuelled by US and Asian travellers.
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FNP enters supply agreement with global pharma co for Lactoferrin

FNP enters supply agreement with global pharma co for Lactoferrin

20 Jun 2019 - Freedom Foods Group (ASX:FNP) enters into long-term supply agreement with a major global pharmaceutical company for key ingredient Lactoferrin & has commitments to sell FY2020 capacity.
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BOQ chief financial officer to step down following FY19 results

BOQ chief financial officer to step down following FY19 results

20 Jun 2019 - The Bank of Queensland (ASX:BOQ) chief financial officer, Matt Baxby to stand down following the group full-year results in October 2019.
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Rio Tinto drops iron ore guidance by ~13 million tonnes

Rio Tinto drops iron ore guidance by ~13 million tonnes

20 Jun 2019 - Rio Tinto (ASX:RIO) drops iron ore Pilbara shipments guidance for 2019 by about 13 million tonnes, amid mine operational challenges.
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MLC talks trade tension and market opportunity

MLC talks trade tension and market opportunity

20 Jun 2019 - MLC Portfolio Manager Dr Ben McCaw talks to MLC Research Manager Rebecca Collins about US-China trade tensions, the upcoming G20 meeting, North Korea and implications for Australia.
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