RBA Monetary Policy Statement downgrades forecasts: ASX 0.3% higher at noon

RBA Monetary Policy Statement downgrades forecasts: ASX 0.3% higher at noon

10 May 2019 - The ASX opened higher defying the futures market which had been anticipating a fall. Now trading at 0.3% higher at noon. Shares in TPG Telecom (ASX:TPM) have started to bounce back after ACCC's decision to block the proposed $15b TPG...
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ANZ Hospitals set to acquire Healthscope: Aus shares up 1.4% over week

ANZ Hospitals set to acquire Healthscope: Aus shares up 1.4% over week

24 May 2019 - After 6 sessions of gains the ASX200 took losses on Thursday and again today, closing 1.4% lower. Over the week the Finance sector capped the most gains and is up approximately 6%. The Federal Court of Australia has approved a scheme...
Estia 2019 EBITDA misses the mark: Aus shares 0.7% lower at noon

Estia 2019 EBITDA misses the mark: Aus shares 0.7% lower at noon

24 May 2019 - The ASX200 opened flat this morning following negative leads from the US and is now tracking 0.7 per cent lower at noon. All sectors except Healthcare are in the red with Energy and Consumer Staples weighing heaviest on the market. S...
Estia Health set for lower than expected EBITDA

Estia Health set for lower than expected EBITDA

24 May 2019 - Aged care provider Estia Health (ASX:EHE) have reported lower than expected EBITDA for the full year 2019, despite an increase of 2-4 per cent compared to 2018.
Advance Nanotek sees unexpected increase in sales orders

Advance Nanotek sees unexpected increase in sales orders

24 May 2019 - Advance Nanotek (ASX:ANO) has reported an uplift in orders from the United States covering their first quarter for financial year 2019.
AusNet Services appoint Tony Narvaez as new MD

AusNet Services appoint Tony Narvaez as new MD

24 May 2019 - The Board of AusNet Services (ASX:AST) have appointed Tony Narvaez as the new Managing Director of AusNet Services.
Starpharma see impressive results for colon cancer drug

Starpharma see impressive results for colon cancer drug

24 May 2019 - Starpharma (ASX:SPL) have released impressive results for their DEP irinotecan nanoparticle formulation for colon cancer.
Sunland Group to sell Ingleside site

Sunland Group to sell Ingleside site

24 May 2019 - Property developer Sunland Group (ASX:SDG) is set to sell a greendfield site in Ingleside for $16.5 million.
Gentrack Group shift to SaaS reflected in revenue

Gentrack Group shift to SaaS reflected in revenue

24 May 2019 - Airport solutions company Gentrack Group (ASX:GTK) has shown a 5 per cent increase in revenue to $54.4 million, accompanied by a fall in EBITDA of 19 per cent to $12.8 million over the same period last year.
Japanese Yen gains against the dollar: ASX set to open lower

Japanese Yen gains against the dollar: ASX set to open lower

24 May 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. As investors look to profit from the US-China trade war, the Japanese Yen is a winner gaining against the dollar. EML payments (ASX:EML) has ente...
Iron ore above US$105: Aus shares close 0.3% lower

Iron ore above US$105: Aus shares close 0.3% lower

23 May 2019 - After opening flat the ASX200 lost momentum this morning. Despite a rally in the second half of the session, the ASX200 closed 0.3 per cent lower. This follows 6 sessions of straight gains. Consumer Discretionary made significant gai...
Aristocrat Leisure NPAT up 14.8%: Aus shares 0.4% lower at noon

Aristocrat Leisure NPAT up 14.8%: Aus shares 0.4% lower at noon

23 May 2019 - The ASX200 opened flat and is tracking 0.4% lower at noon. Financials and Energy are trailing behind. Aristocrat Leisure (ASX:ALL) shares are soaring following their announcement that NPAT is up 14.8% for the 6 months to 31 March 2019.
Freedom Foods Group launches capital raising

Freedom Foods Group launches capital raising

23 May 2019 - Freedom Foods Group (ASX:FNP) has announced $130 million equity raising comprising at $4.80 a share.
Aristocrat Leisure profit jumps thanks to US division

Aristocrat Leisure profit jumps thanks to US division

23 May 2019 - Gaming machine maker Aristocrat Leisure (ASX:ALL) report their profit after tax (NPAT) has jumped up 14.8 per cent to $356.5 million $310.5 million in the six months to 31st March 2019.
The Reject Shop's CEO quits after guidance is slashed

The Reject Shop's CEO quits after guidance is slashed

23 May 2019 - The Reject Shop's (ASX:TRS) chief executive Ross Sudano has quit after the retailer announced store closures and slashed its full-year guidance for a full year net profit after tax of between $3.1 million and $4.1 million to a curren...
AGL Energy secure Gippsland gas supply agreement

AGL Energy secure Gippsland gas supply agreement

23 May 2019 - AGL Energy (ASX:AGL) today announced it has entered into a new Gas Supply Agreement with BHP Billiton Petroleum for 78 petajoules (PJ) of natural gas from the Gippsland Basin in Victoria.
Immutep granted a new European patent

Immutep granted a new European patent

23 May2019 - Biotech company Immutep (ASX:IMM) that specializes in immunotherapy treatments for cancer and autoimmune diseases, is pleased to announce the grant of a new patent by the European Patent Office.
Fonterra to close Dennington factory

Fonterra to close Dennington factory

23 May 2019 - Fonterra (ASX:FSF) is to shut its Dennington factory in Victoria at the end of November with the loss of almost 100 staff members.
LaserBond (ASX:LBL) surface engineering repair

LaserBond (ASX:LBL) surface engineering repair

23 May 2019 - LaserBond Limited (ASX:LBL) CEO Wayne Hooper discusses the company's 1H19 results, how it reduces down-time and replacement costs on expensive machinery, investments during the half to increase its capability and capacity at its plan...
US looks set to blacklist more Chinese companies: ASX poised to open lower

US looks set to blacklist more Chinese companies: ASX poised to open lower

23 May 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. US stocks fell yesterday as trade tensions between China continued to rumble. The White House is said to be taking an intense look at blacklisting mo...
ASX closed at 6,511 points, fresh record high after Aus shares gain 0.2%, rising for 6th day

ASX closed at 6,511 points, fresh record high after Aus shares gain 0.2%, rising for 6th day

22 May 2019 - The Australian share market extended on its winning streak, rising for the 6th straight session, shaking off early selling and closing at 6,511 pts a level we last touched in December 2007. Australian construction fell 1.9% while it ...
A fair go for Australia, Financials bounce back from Labor scare selling: ASX closes 1.7% higher, ne

A fair go for Australia, Financials bounce back from Labor scare selling: ASX closes 1.7% higher, ne

20 May 2019 - Market receives 'a fair go' after the ASX rises 1.7% or 111 points. Financials bounce back from pre-election selling, which preempted Labor potentially winning. WBC shares rise 9.2%, NAB gains 7.9%, ANZ rises 7.8% and CBA gains 6.3%....
Google suspends some business with Huawei: ASX set to open lower

Google suspends some business with Huawei: ASX set to open lower

21 May 2019 - Following weak leads from US markets, the ASX looks set to open lower. Wall St equities sank on Monday as the fallout from the White House move against Chinese telecom giant Huawei hit tech shares. Google has severed business ties wi...
Arena REIT seeking to raise $50 million

Arena REIT seeking to raise $50 million

21 May 2019 - Arena REIT (ASX:ARF) is seeking to raise $50 million institutional placement at $2.67 a share.
TechnologyOne see H1 profit up 130%

TechnologyOne see H1 profit up 130%

21 May 2019 - Australia’s largest enterprise Software as a Service (SaaS) company, TechnologyOne (ASX:TNE) today announced its financial results for the half-year ended 31 March 2019, showing continuing strong growth with net profit before tax of ...