Company News


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QBE Insurance Group (ASX:QBE) appoint new CEO, International
QBE Insurance Group (ASX:QBE) appoint new CEO, International

07 Apr 2020 - QBE Insurance Group (ASX:QBE) has appointed Jason Harris as Chief Executive Officer, International, succeeding Richard Pryce who intends to retire at the end of this year.

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PolyNovo (ASX:PNV) see a record sales month in the US
PolyNovo (ASX:PNV) see a record sales month in the US

07 Apr 2020 - PolyNovo (ASX:PNV) report sales for the March 2020 quarter were 166 per cent greater than the March 2019 quarter ($1.69 million v. $4.49 million).

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Tabcorp Holdings (ASX:TAH) stands down 700 staff
Tabcorp Holdings (ASX:TAH) stands down 700 staff

07 Apr 2020 - Tabcorp Holdings (ASX:TAH) is to temporary stand down over 700 employees in businesses where there is no work as a result of COVID-19 shutdowns.

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ARB (ASX:ARB) reduces management and board renumeration
ARB (ASX:ARB) reduces management and board renumeration

07 Apr 2020 - Vehicle accessories company ARB (ASX:ARB) has made moves to reduce board and management renumeration.

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Megaport (ASX:MP1) see revenue up 10% quarter on quarter
Megaport (ASX:MP1) see revenue up 10% quarter on quarter

06 Apr 2020 - Connectivity company Megaport (ASX:MP1) today reports their quarterly Key Performance Indicators to 31 March 2020 showing revenue for the period was $15.19 million, an increase of 10 per cent quarter on quarter.

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Origin Energy (ASX:ORG) maintains energy markets earnings guidance
Origin Energy (ASX:ORG) maintains energy markets earnings guidance

04 Apr 2020 - Origin Energy (ASX:ORG) is set to maintain its financial year 2020 Energy Markets underlying EBITDA guidance of $1.4 - $1.5 billion, subject to any material increase in bad and doubtful debt provisioning.

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Flight Centre Travel Group (ASX:FLT) set to raise $700 million
Flight Centre Travel Group (ASX:FLT) set to raise $700 million

06 Apr 2020 - Flight Centre Travel Group (ASX:FLT) is looking to raise $700 million, comprising a $282 million institutional placement and a $419 million 1-for-1.74 basis at $7.20 a share.

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Caltex (ASX:CTX) to extend planned refinery shutdown
Caltex (ASX:CTX) to extend planned refinery shutdown

06 Apr 2020 - Caltex (ASX:CTX) is bringing forward the planned shut down for the Lytton refinery from May 2020.

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NEXTDC (ASX:NXT) complete $627 million placement
NEXTDC (ASX:NXT) complete $627 million placement

03 Apr 2020 - NEXTDC (ASX:NXT) has successfully completed an institutional placement, raising approximately $672 million through the issue of 86.1 million new shares.

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Treasury Wine Estates (ASX:TWE) acknowledges class action
Treasury Wine Estates (ASX:TWE) acknowledges class action

03 Apr 2020 - Treasury Wine Estates (ASX:TWE) has been served with a group proceeding filed against them in the Supreme Court of Victoria.

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Webjet (ASX:WEB) bosts equity raising
Webjet (ASX:WEB) bosts equity raising

02 Apr 2020 - Webjet (ASX:WEB) has successfully completed its $115 million institutional placement and the institutional component of its 1 for 1 accelerated nonrenounceable pro-rata entitlement offer.

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Rural Funds Management has been awarded damages over a Bonitas short sell report
Rural Funds Management has been awarded damages over a Bonitas short sell report

02 Apr 2020 - Rural Funds Management as responsible entity for the Rural Funds Group (ASX:RFF) has been awarded damages over a Bonitas short sell report.

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Whitehaven Coal (ASX:WHC) hire a new Executive General Manager for Operations
Whitehaven Coal (ASX:WHC) hire a new Executive General Manager for Operations

02 Apr 2020 - Whitehaven Coal (ASX:WHC) is pleased to announce the appointment of Ian Humphris as Executive General Manager – Operations, effective from Monday, succeeding Quentin Granger, who has held the role on an interim basis since December 2019.

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Westpac (ASX:WBC) appoint a new CEO
Westpac (ASX:WBC) appoint a new CEO

02 Apr 2020 - Westpac (ASX:WBC) Chairman John McFarlane today announced the appointment of Peter King as Chief Executive Officer.

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GrainCorp (ASX:GNC) demerger of United Malt Group commenced
GrainCorp (ASX:GNC) demerger of United Malt Group commenced

1 Apr 2020 - GrainCorp (ASX:GNC) is pleased to announce that the demerger of United Malt Group was implemented today and shares in United Malt have been transferred to Eligible GrainCorp Shareholders.

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Monash IVF Group (ASX:MVF) dividend deferred as operations delayed
Monash IVF Group (ASX:MVF) dividend deferred as operations delayed

1 Apr 2020 - Monash IVF Group (ASX:MVF) reports that the temporar suspension of all nonurgent elective surgery will significantly impact the Company's fertility activity.

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Jumbo Interactive (ASX:JIN) expects higher customer engagement
Jumbo Interactive (ASX:JIN) expects higher customer engagement

01 Apr 2020 - Lottery game seller Jumbo Interactive (ASX:JIN) says improved customer engagement is expected to deliver higher TTV and Revenue during a period of lower jackpots.

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Brickworks (ASX:BKW) to reopen brick plants in Pennslyvania
Brickworks (ASX:BKW) to reopen brick plants in Pennslyvania

01 04 2020 - Brickworks (ASX:BKW) has been advised that it may re-open their brick plants in Pennsylvania.

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G8 Education (ASX:GEM) postpones dividend until October
G8 Education (ASX:GEM) postpones dividend until October

31 Mar 2020 - G8 Education (ASX:GEM) has postponed the payment of its fully franked final dividend until the end of October.

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Worley (ASX:WOR) wins two-year contract extension from Chevron
Worley (ASX:WOR) wins two-year contract extension from Chevron

31 Mar 2020 - Worley (ASX:WOR) has been awarded an extension to an existing services contract with Chevron Australia.

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Lynas Corporation (ASX:LYC) has operations in Malaysia postponed for an extended period
Lynas Corporation (ASX:LYC) has operations in Malaysia postponed for an extended period

31 Mar 2020 - Rare earths producer Lynas Corporation (ASX:LYC) is continuously assessing the effects of the shutdown of their Malaysia plant on the essential supply chains to which they contribute after an closure extension ordered by the government to help to help reduce the spread of COVD-19.

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Wesfarmers (ASX:WES) to sell 5.2% of issued capital in Coles
Wesfarmers (ASX:WES) to sell 5.2% of issued capital in Coles

31 Mar 2020 - Wesfarmers (ASX:WES) today announced that trades have been executed for the sale of 5.2 per cent of the issued capital in Coles Group (ASX:COL) for $1.06 billion.

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Fortescue Metals Group Ltd (ASX:FMG) Port Hedland shipments continue
Fortescue Metals Group Ltd (ASX:FMG) Port Hedland shipments continue

30 Mar 2020 - Fortescue Metals Group Ltd (ASX:FMG) shipments continue from Port Hedland as scheduled with mining, processing and shipping activity remaining in line with our guidance for FY20.

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Speedcast International (ASX:SDA) hit by COVID-19 impact on cruising
Speedcast International (ASX:SDA) hit by COVID-19 impact on cruising

30 Mar 2020 - Speedcast International (ASX:SDA) has reported an NPAT loss of US$460 million for 2019 including US$4143.8 million of non-cash impairment charges and write-downs.

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Energy Resources of Australia (ASX:ERA) restrict access to mine to protect indigenous communities in NT
Energy Resources of Australia (ASX:ERA) restrict access to mine to protect indigenous communities in NT

30 Mar 2020 - Energy Resources of Australia (ASX:ERA) has brought in a broad program of measures to protect vulnerable Australians in indigenous communities from the spread of coronavirus (COVID-19).

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Yancoal (ASX:YAL) to acquire additional 10% stake in Moolarben
Yancoal (ASX:YAL) to acquire additional 10% stake in Moolarben

30 Mar 2020 - Yancoal's (ASX:YAL) wholly owned subsidiary, Yancoal Moolarben has entered into a binding agreement to buy a 10 per cent stake in the Moolarben Coal Joint Venture - currently owned by Sojitz Corporation.

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Incitec Pivot (ASX:IPL) to put development of Queensland Gas tenement
Incitec Pivot (ASX:IPL) to put development of Queensland Gas tenement

27 Mar 2020 - Incitec Pivot (ASX:IPL) today announced that the 50/50 joint venture project concerning the coal seam gas acreage (ATP 2031) in Queensland's Surat Basin has been temporarily paused at the request of its partner Central Petroleum (ASX:CTP).

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Adairs (ASX:ADH) to close stores temporarily
Adairs (ASX:ADH) to close stores temporarily

27 Mar 2020 - Adairs (ASX:ADH) will temporarily close all of its Australian stores from close of trade on Sunday 29 March 2020.

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Jupiter Mines (ASX:JMS) confirms 21 day lockdown in South Africa has started
Jupiter Mines (ASX:JMS) confirms 21 day lockdown in South Africa has started

27 Mar 2020 - Jupiter Mines (ASX:JMS) confirms that the 21 day lockdown in South Africa started yesterday.

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Syrah Resources (ASX:SYR) suspend production at Balama Graphite Operation
Syrah Resources (ASX:SYR) suspend production at Balama Graphite Operation

27 Mar 2020 - Syrah Resources (ASX:SYR) says The Government of Mozambique has enacted additional measures in relation to the management of COVID-19, including suspension of all inbound travel visa operations and mandating 14-day selfquarantine for all international arrivals.

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Ramsay Health Care's (ASX:RHC) facilities are being utiilised by the government
Ramsay Health Care's (ASX:RHC) facilities are being utiilised by the government

26 Mar 2020 - Ramsay Health Care (ASX:RHC) confirms that it is in discussions with Federal and State Governments in Australia regarding the capacity and support Ramsay is able to provide as part of the Government's COVID-19 response.

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Premier Investments (ASX:PMV) to close Australian stores for four weeks
Premier Investments (ASX:PMV) to close Australian stores for four weeks

26 Mar 2020 - Retail group Premier Investments (ASX:PMV) is to temporarily close all retail stores in Australia from 6 pm (local time) today, 26 March 2020, until 9 am (local time) Wednesday 22 April 2020.

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The Flight Centre Travel Group (ASX:FLT) to stand down 6,000 workers
The Flight Centre Travel Group (ASX:FLT) to stand down 6,000 workers

26 Mar 2020 - The Flight Centre Travel Group (ASX:FLT) is to stand down around 6,000 support and sales roles either temporarily or permanently, including 3,800 people in Australia.

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Lovisa (ASX:LOV) temporarily shuts stores in Australia, NZ and South Africa
Lovisa (ASX:LOV) temporarily shuts stores in Australia, NZ and South Africa

26 Mar 2020 - Jewellery store Lovisa (ASX:LOV) has decided today to temporarily shut stores in Australia, New Zealand and South Africa.

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The Star Entertainment Group (ASX:SGR) stand down 90% of their employees
The Star Entertainment Group (ASX:SGR) stand down 90% of their employees

25 Mar 2020 - The Star Entertainment Group (ASX:SGR) are in the process of temporarily standing down over 90 per cent of their approximately 9,000 employees.

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Wesfarmers (ASX:WES) keeps Bunnings, Kmart, Target and Officeworks open
Wesfarmers (ASX:WES) keeps Bunnings, Kmart, Target and Officeworks open

25 Mar 2020 - Wesfarmers (ASX:WES) report today Bunnings, Kmart, Target and Officeworks stores across Australia are operating under standard or near-standard trading hours and operations continue in the Group's industrial businesses.

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Dominos Pizza (ASX:DMP) closes all New Zealand stores
Dominos Pizza (ASX:DMP) closes all New Zealand stores

25 Mar 2020 - Domino's Pizza (ASX:DMP) will close its New Zealand stores for 4 weeks from Thursday.

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Nufarm (ASX:NUF) reports first half loss $122 million
Nufarm (ASX:NUF) reports first half loss $122 million

25 Mar 2020 - Chemicals and fertiliser business Nufarm (ASX:NUF) has reported its net loss for the first half of 2020 of $122 million compared to the first half of 2019 where it was $14 million.

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Healius (ASX:HLS) tests 2,500 COVID-19 per day
Healius (ASX:HLS) tests 2,500 COVID-19 per day

24 Mar 2020 - Pathology, hospital and medical centre operator Healius (ASX:HLS) is suspending its guidance for the 2020 financial year due to an increased level of uncertainty around the impacts of the coronavirus.

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Woolworths (ASX:WOW) defers spin-off of Endeavour drinks
Woolworths (ASX:WOW) defers spin-off of Endeavour drinks

24 Mar 2020 - Woolworths (ASX:WOW) has deferred the separation of Endeavour drinks spin-off until 2021.

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Perenti (ASX:PRN) sees no impact on financials from COVID-19 so far
Perenti (ASX:PRN) sees no impact on financials from COVID-19 so far

24 Mar 2020 - Perenti (ASX:PRN) reports that to date COVID-19 has had no impact on Perenti's financial performance.

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Rio Tinto (ASX:RIO) delay operations in Canada and South Africa
Rio Tinto (ASX:RIO) delay operations in Canada and South Africa

24 Mar 2020 - Rio Tinto (ASX:RIO) will slow down some of its operations in Canada and South Africa to help contain the spread of coronavirus.

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Fortescue Metals Group (ASX:FMG) work with WA government on border controls
Fortescue Metals Group (ASX:FMG) work with WA government on border controls

23 Mar 2020 - Fortescue Metals Group (ASX:FMG) says the Western Australian state government has advised that there will be exemptions for the strict border controls due to come in tomorrow.

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Flight Centre (ASX:FLT) cancels $40.1 million dividend payment
Flight Centre (ASX:FLT) cancels $40.1 million dividend payment

23 Mar 2020 - Flight Centre (ASX:FLT) announced today that to lower costs from the coronavirus impact - their senior leadership team will take a 50 per cent salary cut.

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Charter Hall Long WALE REIT (ASX:CLW) reaffirms earnings guidance
Charter Hall Long WALE REIT (ASX:CLW) reaffirms earnings guidance

23 Mar 2020 - Charter Hall Long WALE REIT (ASX:CLW) reaffirmed its operating earnings per share guidance of 28.3 cents for the current financial year.

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Select Harvests (ASX:SHV) says almond harvest to continue
Select Harvests (ASX:SHV) says almond harvest to continue

23 Mar 2020 - Paul Thompson, Managing Director of almond business Select Harvests (ASX:SHV), has confirmed all Select Harvests' facilities and almond harvest will continue to operate.

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Sonic Healthcare (ASX:SHL) withdraws guidance for FY20
Sonic Healthcare (ASX:SHL) withdraws guidance for FY20

20 Mar 2020 - Sonic Healthcare (ASX:SHL) is withdrawing its earnings guidance for FY 2020 due to the level of uncertainty resulting from the COVID-19 pandemic.

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Brickworks (ASX:BKW) to close five plants in Pennsylvania
Brickworks (ASX:BKW) to close five plants in Pennsylvania

20 Mar 2020 - Brickworks (ASX:BKW) is to close five of their 12 plants currently in operation in Pennsylvania after the Governor ordered all non-life-sustaining businesses to close.

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Wesfarmers (ASX:WES) report weakness in sales of apparel
Wesfarmers (ASX:WES) report weakness in sales of apparel

20 Mar 2020 - Wesfarmers (ASX:WES) report that since the start of the calendar year, overall momentum in the Group's retail sales has continued in line with the first half of the financial year.

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The nib Group (ASX:NHF) sees changes to executive team
The nib Group (ASX:NHF) sees changes to executive team

20 Nov 2020 - The nib Group (ASX:NHF) today announced the appointment of Nick Freeman as Group Chief Financial Officer (CFO) as well as some staff departures.

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Boral (ASX:BLD) withdraws guidance for FY2020
Boral (ASX:BLD) withdraws guidance for FY2020

19 Mar 2020 - Boral (ASX:BLD) advised today that given the high level of uncertainty surrounding the spread, duration and impact of COVID-19 on the markets in which it operates, the Company is withdrawing its earnings guidance for FY2020.

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Dominos Pizza Enterprises (ASX:DMP) to temporarily close stores in France
Dominos Pizza Enterprises (ASX:DMP) to temporarily close stores in France

19 Mar 2020 - Domino's Pizza Enterprises (ASX:DMP) has made the decision, after consultation with our franchisees in France, to close all stores in the country for a period of 15 days – effective immediately.

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Lovisa's (ASX:LOV) China hub to return to normal levels are coronavirus delays
Lovisa's (ASX:LOV) China hub to return to normal levels are coronavirus delays

19 Mar 2020 - Accessories company Lovisa (ASX:LOV) says their suppliers and our distribution hub in China have begun to return to normal levels, however they continue to experience delays in freight movements out of China.

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Qantas (ASX:QAN) suspends international flights
Qantas (ASX:QAN) suspends international flights

19 Mar 2020 - Qantas (ASX:QAN) and Jetstar are to suspend scheduled international flights from late March, following latest government travel advice regarding the coronavirus with some ongoing ad hoc services possible.

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Aristocrat Leisure (ASX:ALL) withdraws outlook guidance
Aristocrat Leisure (ASX:ALL) withdraws outlook guidance

18 Mar 2020 - Aristocrat Leisure (ASX:ALL) today announced that given continuing uncertainty as to the extent and duration of the impacts of COVID-19, it is appropriate to withdraw the Group's Outlook Statement.

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The Virgin Australia Group (ASX:VAH) grounds international fleet
The Virgin Australia Group (ASX:VAH) grounds international fleet

18 Mar 2020 - The Virgin Australia Group (ASX:VAH) has today announced they will suspend all international flying for a period of two and a half months in response to the new travel restrictions announced by Government.

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