Monthly economic update with MLC, November 2019

Monthly economic update with MLC, November 2019

10 Dec 2019 - MLC Senior Economist Bob Cunneen speaks to MLC Portfolio Specialist Sinead Rafferty about another month of strong performance in global share markets, buoyed by optimism about the Phase 1 trade deal between the US and China.
Finance News Network

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Insurance Australia (ASX:IAG) takes hit on update: Aus shares close flat

Insurance Australia (ASX:IAG) takes hit on update: Aus shares close flat

24 Jan 2020 - The Australian share market rose at the open although closed flat for the end of the week. Shares in Insurance Australia (ASX:IAG) took a tumble, following the insurer’s warning to shareholders on recent claims.
Virtus Health (ASX:VRT) appoints Kate Munnings as new CEO

Virtus Health (ASX:VRT) appoints Kate Munnings as new CEO

24 Jan 2020 - The Board of Virtus Health (ASX:VRT) is pleased to announce that they have appointed a new Group Chief Executive Officer.
Village Roadshow (ASX:VRL) receive a second take-over bid

Village Roadshow (ASX:VRL) receive a second take-over bid

24 Jan 2020 - Village Roadshow (ASX:VRL) has received a second take-over bid, this time from BGH Capital.
Domain Holdings Australia (ASX:DHG) appoint Nine CEO to their board

Domain Holdings Australia (ASX:DHG) appoint Nine CEO to their board

24 Jan 2020 - Domain Holdings Australia (ASX:DHG) today announced the appointment of Hugh Marks and Lizzie Young as Non-Executive Directors of Domain.
Genworth Mortgage lnsurance Australia (ASX:GMA) appoint new CEO

Genworth Mortgage lnsurance Australia (ASX:GMA) appoint new CEO

24 Jan 2020 - Genworth Mortgage lnsurance Australia (ASX:GMA) today announced that Pauline Blight-Johnston has been appointed Chief Executive Officer and Managing Director.
WHO says 'too early' to declare a global health emergency: ASX poised to open higher

WHO says 'too early' to declare a global health emergency: ASX poised to open higher

24 Jan 2020 - Following positive leads from US markets, the ASX looks set to open higher despite more people infected by the virus in China that’s rocked the markets. The World Health Organisation says it is “a bit too early” to declare a new coro...
Oceania Healthcare (ASX:OCA) show increase in 1H NPAT

Oceania Healthcare (ASX:OCA) show increase in 1H NPAT

24 Jan 2020 - Oceania Healthcare (ASX:OCA) released their half yearly accounts showing net profit after tax was 17.6 per cent up from the first half of 2019 for the six months to 30 November 2019.
Wesfarmers (ASX:WES) defer investment decision on Mt Holland lithium project

Wesfarmers (ASX:WES) defer investment decision on Mt Holland lithium project

24 Jan 2020 - Wesfarmers (ASX:WES) says they have completed a definitive feasibility study (DFS) on the Mt Holland lithium project but a final investment decision has been deferred.
CIMIC (ASX:CIM) shares fall weighing on market: ASX closed 0.6% lower

CIMIC (ASX:CIM) shares fall weighing on market: ASX closed 0.6% lower

23 Jan 2020 - It has been a negative day of trade for the ASX closing 0.6% lower. Shares shot up for National Storage REIT (ASX:NSR) after they confirmed they had received a takeover offer from private equity fund manager Gaw Capital Partners. And...
Unemployment falls to 5.1%: ASX tracking 0.7% lower at noon

Unemployment falls to 5.1%: ASX tracking 0.7% lower at noon

23 Jan 2020 - The ASX fell at the open and is now tracking 0.7% lower at noon. CIMIC Group (ASX:CIM) shares dropped today after they announced they will exit the Middle East expecting to take a one-off charge of $1.8b. The directors of Encounter R...
Senex Energy (ASX:SXY) see quarterly production up by 35%

Senex Energy (ASX:SXY) see quarterly production up by 35%

23 Jan 2020 - Senex Energy's (ASX:SXY) production increased by a 35 per cent in the second quarter, boosted by a 72 per cent increase in gas production from continuing Roma North ramp-up and initial production from Atlas and the Gemba field.
CIMIC Group (ASX:CIM) in $1.8b write-down on Middle East venture

CIMIC Group (ASX:CIM) in $1.8b write-down on Middle East venture

23 Jan 2020 - CIMIC Group (ASX:CIM) today announced that it has decided to exit the Middle East and focus its resources and capital allocation on growth opportunities in its main core markets, Australia, New Zealand and Asia Pacific.
Downer EDI (ASX:DOW) revises its NPATA guidance for the year

Downer EDI (ASX:DOW) revises its NPATA guidance for the year

23 Jan 2020 - Downer EDI (ASX:DOW) announced today that its NPATA guidance for the 2020 financial year had been revised down to $300 million.
The Commonwealth Bank of Australia (ASX:CBA) says class action launched against Colonial First State

The Commonwealth Bank of Australia (ASX:CBA) says class action launched against Colonial First State

23 Jan 2020 - The Commonwealth Bank of Australia (ASX:CBA) reports that class action proceedings have been filed by Shine Lawyers against Colonial First State Investments, a subsidiary of CBA.
Stocks slide as Coronavirus moves to the US: ASX poised to open lower

Stocks slide as Coronavirus moves to the US: ASX poised to open lower

23 Jan 2020 - The ASX is set to open lower this morning after being rocked by news of China’s virus seeing the death toll rise to 17. Meanwhile, over in Europe Trump says the EU has “no choice” but to negotiate a new trade deal with America. Cann ...
Fonterra (ASX:FSF) completes sale of DFE Pharma

Fonterra (ASX:FSF) completes sale of DFE Pharma

23 Jan 2020 - Fonterra (ASX:FSF) has completed the sale of its 50 per cent share of DFE Pharma to CVC Strategic Opportunities II.
Westpac (ASX:WBC) welcome John McFarlane as incoming Chairman

Westpac (ASX:WBC) welcome John McFarlane as incoming Chairman

23 Jan 2020 - Westpac (ASX:WBC) today welcomes John McFarlane to the Westpac Board as Non-Executive Director and Chairman-Elect.
ASX hits record high: Aus shares close 0.9% higher

ASX hits record high: Aus shares close 0.9% higher

22 Jan 2020 - The Australian share market hits a new high closing 0.9 per cent up. iSighthis (ASX:ISX) updates shareholders on court action against the ASX. PolyNovo (ASX:PNV) led gains on Europe product sales.
PolyNovo (ASX:PNV) leads gains with first patient treatment: Aus shares 0.5% higher at noon

PolyNovo (ASX:PNV) leads gains with first patient treatment: Aus shares 0.5% higher at noon

22 Jan 2020 - The Australian share market opened higher this morning and is now tracking 0.5 per cent up at noon. Capitol Health (ASX:CAJ) acquires Fowler Simmons.
Regis Resources (ASX:RRL) see cash flow from production for quarter increase

Regis Resources (ASX:RRL) see cash flow from production for quarter increase

22 Jan 2020 - Gold miner Regis Resources (ASX:RRL) has reported $100 million in cash flow from operations on production for the quarter, that’s up $17.5 milllion.
RPM Global (ASX:RUL) new software revenue up

RPM Global (ASX:RUL) new software revenue up

22 Jan 2020 - Mining software solutions company RPM Global (ASX:RUL) has recorded $17.7 million in total contract value of committed new software revenue over financial year 2020 to date.
PolyNovo (ASX:PNV) see first patient treated in Germany

PolyNovo (ASX:PNV) see first patient treated in Germany

22 Jan 2020 - PolyNovo (ASX:PNV) has received its first orders of Novosorb BTM for use in Germany, Austria and Switzerland.
CIMIC Group's (AXS:CIM) UGL secures $180m in mining contracts

CIMIC Group's (AXS:CIM) UGL secures $180m in mining contracts

22 Jan 2020 - CIMIC Group (AXS:CIM) company UGL has secured contracts worth around $180 million to provide maintenance, shutdown and project services for its clients in the mining sector.
Markets stumble as coronavirus confirmed in the US: ASX poised to open lower

Markets stumble as coronavirus confirmed in the US: ASX poised to open lower

22 Jan 2020 - The ASX looks set to open lower this morning. Wall Street saw weak leads possibly due to the first US case of coronavirus that has killed six people in China. In other news, Amazon filed to trademark ‘Amazon Pharmacy’ here signalling...