23 Feb 2018 - McGrath (ASX:MEA) has appointed a new CEO, Geoff Lucas, welcoming him back to the company. Geoff Lucas was Chief Operator Officer of McGrath for eight years from 2008 to 2016.
23 Feb 2018 - ASX higher at noon with today's shiner, the mining sector being bolstered by a lift in the iron ore price and futures, while lithium companies charge ahead. The likes of South32 (ASX:S32) soaring over 6 per cent higher and Pilbara Miners (ASX:PLS) is up over 1 per cent. Salmon farming company Tassal Group (ASX:TGR) reported its net profit after tax rose 27 per cent in the first half. Southern Cross Austereo (ASX:SXL) reported a 21 per cent slump in its net profit in the half year. Watch for more news.
23 Feb 2018 - The Australian share market is eyeing a lift at the open after the Dow and the S&P 500 closed higher, while the oil price is trading higher as well, and the iron ore futures are pointing to a rise. Retirement village operator Summerset (ASX:SNZ) reported a 54 per cent lift in its net profit after tax to NZ$223.4m for the year and Woolworths (ASX:WOW) reported its group net profit after tax rose 15 per cent to $902m in its half year. 8 companies going ex-div including IOOF Holdings (ASX:IFL) which is paying 27 cents fully franked Click for more news.
22 Feb 2018 - Nine's net profit has soared 55 per cent after tax, hitting $117m and its shares oared over 19 per cent. It attributes this to a strong selection of shows. QANTAS shares closed 6.26 per cent higher after delivered record underlying profit before tax in the six months. Click for more.
22 Feb 2018 - Market at Midday: The ASX is having a hesitant start to the trading session as expected, on the back of weak Walll St leads. Blackmores (ASX:BKL) shares fell 14 per cent after revealing half year results. Industrial logistics company, Qube (ASX:QUB) shares fell 6 per cent after its net profit dropped. Nine Entertainment's (ASX:NEC) shares up over 19 per cent after a 55 per cent rise in HY net profit. a2 Milk (ASX:A2M) extends rally from yesterday after it reported a 150 per cent jump in its net profit. Westfield Corporation (ASX:WFD) sees $185 million rise in net profit. Crown Resorts (ASX:CWN) net profit after tax down 34 per cent, to $239 million in the HY. Click for more.
22 Feb 2018 - ASX eyeing a hesitant start at the open after Wall Street closed lower, while local investors and traders are sitting on the edge of their seats ahead of the busiest day of reporting season this year. Michael Hill's (ASX:MHJ) net profit fell in the six months to Dec to $8.7 million on the back of US operations continuing to worsen, as well as weakness in its Emma & Roe business. Results out today from: Alumina Ltd (ASX:AWC), Kogan.com (ASX:KGN), Platinum Asset Mgmt Ltd (ASX:PTM), Perpetual (ASX:PPT), Qantas Airways (ASX:QAN) and Webjet Ltd (ASX:WEB). AGL (ASX:AGL) and Woodside Petroleum (ASX:WPL) going ex-dividend just to name a few.
21 Feb 2018 - Consumer staples soared with The a2 Milk Company (ASX:A2M) surging ahead a huge 30 per cent today after announcing a whopping 150 per cent rise in net profit for the half year. Wesfarmers (ASX:WES) rallied after reporting a lift in revenue for the half year despite a fall in profit, and Worley Parsons (ASX:WOR) increased on the back of an interim profit improvement. There was a sell-off in mining. This comes after BHP (ASX:BHP) reported weaker-than-expected results at the close of trade yesterday and Fortescue Metals (ASX:FMG) reporting a 40 per cent dip in profit for the half year.
21 Feb 2018 - Market at Midday report: On the back of a swag of companies reporting better than expected results, the ASX200 is starting to claw back its early losses despite mixed economic news. a2 Milk's (ASX:A2M) net profit after tax soared 150 per cent to NZ$98.5m and its shares soar, Bellamy's Australia (ASX:BAL) follows. Seven Group Holdings (ASX:SVW) sees 64 per cent lift in its underlying net profit. Coca-Cola Amatil's (ASX:CCL) statutory net profit after tax jumps 81 per cent to $445m in 2017 . Cleanaway (ASX:CWY) etched a 61 per cent lift in its half year profit to $45 million. Watch for more.
21 Feb 2018 - The U.S. markets halted a six-day rally as disappointing results from Walmart weighed on major indicies as the dollar pushed higher. Technology was the best performing sector, gains in Amazon and chip stocks helped the Nasdaq hold near unchanged. The Dow finished 255 points lower by the closing bell.The A2 Milk company (ASX:A2M) has announced its half year earnings have exceed those for the full 2017 financial year. The company reported its net profit after tax increased by 150 per cent to NZD$98.5 million dollars for the half year to December 2017.
20 Feb 2018 - After opening lower, the Australian share market had a weak day before climbing back up to finish flat by the closing bell. It was a mixed bag today, but many of the top banks and miners were in the red, while the energy and info tech sectors were tracking higher. Aconex (ASX:ACX) reports a net loss of $2.95 million attributable to members for the half year to December 2017 compared to the same time last year, which was an improvement on the prior corresponding period's loss.
20 Feb 2018 - Market at Midday report: reporting season weighs on ASX. Oil Search (ASX:OSH) saw a massive surge in its net profit after tax for the full 2017 year, jumping about 240 per cent to US$302 million, compared to 2016's US$90. Vocus Group (ASX:VOC) announced a 20 per cent fall in its net profit after tax in the half year ending December to $37 million. Super Retail Group (ASX:SUL) is trading over 14 per cent lower after its profit fell while total sales rose, while it also announced plans to buy outdoor retail business Macpac for $135 million.
20 Feb 2018 - Share Market Outlook: US markets closed for the Presidents holiday and Chinese markets are closed for Chinese new year, so ASX is taking direction from what occurred in Europe over night which closed lower. ANZ (ASX:ANZ) has reported an after tax profit of NZ$510 million for the 3 months to December 17. That's a rise from NZ$393 for the same period the previous year. A swag of companies are reporting result today including BHP (ASX:BHP) and Oil Search (ASX:OSH) just to name a few. Dominos Pizza Enterprises (ASX:DMP) is going ex-dividend paying 58 cents 40 per cent franked while Computershare (ASX:CPU) is paying 19 cents unfranked. Click video for more news.
19 Feb 2018 - The market rose steadily throughout the day due to stronger-than-expected half yearly results. Helloworld Travel (ASX:HLO) reports a 39 per cent increase in profit before tax and an 18 per cent increase in EBITDA for the half year compared to the prior corresponding period. Charter Hall Retail REIT (ASX:CQR) reports its portfolio value increased 5.2 per cent to $2.9 billion for the half year.
19 Feb 2018 - The Australian share market started the trading week on the front foot, despite mixed leads from Wall St. Traders and investors are absorbing a mostly positive bag of company results with the likes of Domain (ASX:DHG) reporting and trading over 4 per cent higher, GWA (ASX:GWA) reported and its shares gained about 10 per cent, along with nib (ASX:NHF) which has gained over 3 per cent and Brambles (ASX:BXB). InvoCare (ASX:IVC) reported a 37 per cent lift in its net profit after tax. Seek (ASX:SEK) reported record revenue growth of 26 per cent.
19 Feb 2018 - Share Market Outlook: Australian shares poised for a weaker open this morning following mixed leads from Wall Street. Investors are also awaiting earnings updates from companies such as BHP due out tomorrow as well as the December quarter wage data due out Wednesday. Tabcorp Holdings (ASX:TAH) has announced that its wholly owned subsidiary, UBET has been granted an extension on the retail exclusivity for its wagering license in South Australia. A swag of companies are reporting results today including Brambles (ASX:BXB), nib holdings (ASX:NHF) and Beach Energy (ASX:BPT). Two companies are going ex-dividend today, including Boral Limited (ASX:BLD).
16 Feb 2018 - Market Wrap: The Australian share finished slightly lower, but about 1.2 per cent up the week. Just under half to the sectors pushed forth with industrial stocks like Virgin Australia (ASX:VAH) gaining over 4 per cent and Sydney Airports (ASX:SYD) rising 2.5 per cent. Health stocks also had a health injection seeing some of the biggest gains in the top 200. Fortescue Metals' (ASX:FMG) billion opportunities program has hit $2 billion in contracts and sub-contracts to Aboriginal business and joint ventures. Rio Tinto (ASX:RIO) says it is committed to providing a domestic power solution for Mongolia's Oyu Tolgoi mine. iSelect, (ASX:ISU) has seen its attributable profit slump to $500,0000 in the six months. Primary Health Care (ASX:PRY) reported a 5 per cent rise in profits. Whitehaven Coal (ASX:WHC) reported its first-half net profit rose by about 63 per cent.
16 Feb 2018 - The Australian share market popped at the open, extending yesterday's gains, but lost a bit of momentum on the back of weaker company results. Whitehaven Coal (ASX:WHC) reported its first-half net profit rose by about 63 per cent to $257 million but its shares trade lower. Travel booking website Webjet.com.au (ASX:WEB) launched its first working blockchain initiative in the hotel distribution industry. Best performing stock on the S&P/ASX 200 is Breville Group (ASX:BRG), the worst is Star Entertainment Group (ASX:SGR). The three most traded cryptos are mostly higher.
16 Feb 2018 - Market outlook report: ASX is eyeing a lift at the open following our strong close yesterday. It comes as Wall Street inked its 5th day of straight gains and oil and iron ore have again rallied. A swag of companies are reporting today. Medibank Private (ASX:MBL) reported its net profit rose 6 per cent in the half-year ending December to $246 million. Ex dividends include Annsell Limited (ASX:ANN) whcih is paying 26.35 cents 54.9 per cent franked.
15 Feb 2018 - Private hospital and medical centre operator, Healthscope (ASX:HSO) reported a drop in statutory profits and earnings (EBITDA) for the half year ending December last year. Its group net profit after tax slumped 17 per cent over the period to $78 million on the back of a softer private hospital market.
15 Feb 2018 - Market at Midday: The Australian share market rose at the open, recovering from yesterday's losses on the back of postive leads, while some better than expected company results keep the market buoyed. Suncorp Group Limited (ASX:SUN) has seen its net profits after tax slide over the six months to December end, falling about 16 per cent to $452 million. Oil and gas company, Oil Search (ASX:OSH) has completed the US$400 million purchase of its interest in Alaska North Slope and its shares gain. Trend unemployment rate for January remained steady. The three most traded cryptocurrencies trade higher.
15 Feb 2018 - Market outlook: The Australian share market is in for a positive day after Wall Street etched its fourth day of gains, while commodities, such as iron ore and oil rallied with the crude oil price back above US$60.00. Telstra (ASX:TLS) reported its half-year net profit after tax fell 6 per cent to $1.7 billion (including the impairment of Ooyala) and its earnings per share dropped. Click to read the companies reporting results today and going ex-dividend. Unemployment data out today.
14 Feb 2018 - The markets fell throughout the day, and started to pick up towards the end of the session, but closed 0.3 per cent lower by the end of trade. Myer (ASX:MYR) lifted from yesterday's losses, after announcing leadership changes today, with the retailer's CEO and Managing Director stepping down from his role. Shares in Domino's (ASX:DMP) dropped after reporting its weakest first-half profit growth in ten years. Consumer sentiment in Australia declined 2.3 percent from the previous month to 102.7 in February.
14 Feb 2018 - Market at Midday: The Australian share market quickly entered selling territory today on the back of weaker than expected company results, coupled with the fact that CBA went ex-dividend, paying $2.00 per share. Consumer discretionary and financials drag the chain with Domino's Pizza Enterprises (ASX:DMP) slicing itself a worst performing seat. Office real estate group Dexus (ASX:DXS) saw a 40 per cent rise in its net profit and Insurance Australia Group (ASX:IAG) reported a 24 per cent lift in net profit. Healthcare is the best performing sector.
14 Feb 2018 - The Australian share market is set for a lift today on the back of Wall Street seeing its third day of gains and the iron ore spot and futures prices rising. CBA is going ex-dividend and 11 companies are reporting results. Genesis Energy (ASX:GNE) has announced a 24 per cent drop in net profits for the 1H18. Synlait Milk (ASX:SM1) has renewed its infant formula supply arrangements with Chinese company Bright Dairy. Click for more news.
13 Feb 2018 - It's been a positive day on the ASX. The mining companies rallied, with solid gains seen from lithium miner Pilbara Minerals (ASX:PLS). Investment company Carlton Investments (ASX:CIN) has reported its net profit has increased 5.5 per cent for the half year to FY2018 to nearly $22.4 million. Computer wholesaler Dicker Data (ASX:DDR) has declared a final dividend for the 2017 financial year of 4.8 cents a share, fully franked, which brings its FY17 final dividend to 16.8 cents a share, an 85 per cent increase from the previous year.
13 Feb 2018 - Market at Midday: Lithium miners lead the ASX200 higher with 2017's lithium shiner gaining over 8 per cent. Challenger (ASX:CGF) reported a slight fall in its statutory profit attributable to shareholders over the six months to 31 December 2017, with its NPAT falling 3 per cent to $195 million. QBE Insurance (ASX:QBE) reported a rise in its net earned premium for its Asia Pacific and Latin American regions and its shares gained 1 per cent. Click for more news.
13 Feb 2018 - The Australian share market opened higher after Wall Street rebounded and the oil price started to ease. The three major US indices all gained over 1 per cent on Monday, clawing back some of the losses made last week, its worst week in 2 years.
12 February 2018 - The Australian share market started the trading week on weak footing losing ground after commodities fell. But in afternoon trade we began to recoup our losses. Materials and Info Tech are the only sectors trading higher today with Galaxy Resources (ASX:GXY) up over 5 per cent and tech company Next DC (ASX:NXT) up over 4 per cent.
12 Feb 2018 - Market at Midday: Australian market took a dive at the open despite Wall Street closing higher on Friday, it comes as commodities came under pressure with the oil price falling over 3 per cent, hitting a two-year low. Galaxy Resources (ASX:GXY) and Orocobre (ASX:ORE) charge while JB Hi-Fi (ASX:JBH) falls. Ansell (ASX:ANN) reported its net profit after tax rose over 510 per cent in the HY. GPT (ASX:GPT) appointed of a former managing director of a Merrill Lynch division as a non executive Director. Click for details and more news.
12 Feb 2018 - Market Outlook: Australian share market to open on a weaker note despite Wall Street finishing higher on Friday. It comes as commodity prices have come under pressure with the iron ore price futures pointing over 1 per cent lower, while the oil price has lost over 3 per cent. GetSwift (ASX:GSW) advised that it made a breach and is working with CBA (ASX:CBA) to resolve the issue and concerns raised. Japanese company Mitsui and Co, has written to AWE (ASX:AWE) shareholders, offering to buy their shares for $0.95 each. Five companies are reporting their results today, Ansell (ASX:ANN), Aurizon Holdings (ASX:AZI) Bendigo and Adelaide Bank (ASX:BEN), Amcor (ASX:AMC) and JB Hi-Fi (ASX:JBH). Two companies going ex-dividend. Click video for more.
09 Feb 2018 - Market Wrap: ASX closed lower for day and 5% down on week after Wall Street heads towards its biggest weekly fall since October 2008. Energy falls the most but small play Global Energy Ventures (ASX:GEV) rises. Fortescue Metals (ASX:FMG) gains. Mixed economic news. AusNet (ASX:AST) raised $500 million. Capilano Honey (ASX:CZZ) net profit drops. Myer (ASX:MYR) shares lose the most in ASX200s after outlook dampens. REA Group (ASX:REA) and Sky Entertainment Group (ASX:SKC) see revenue lift. Click for full report.
09 Feb 2018 - Market at Midday Report: The Australian share market dived 1.8 per cent in the first 10 mins of trade, and is now starting to claw back. RBA gives upbeat monetary policy update. Home and investment property loans fall. Telstra (ASX:TLS) could potentially end up in the Supreme Court of NSW. Legg Mason and associates have dropped their majority holding in Atlas Iron (ASX:AGO). Best ASX200 stocks led by gold miners. Worst performing stock is Myer. Click for detail and more news.
09 Feb 2018 - Share Market Outlook: Wall Street slides with the Dow Jones now 10 per cent down from its record. ASX futures down over 100 points. Sky Entertainment Group (ASX:SKC) reported its net profit rose 12 per cent in the six months to 31 December 2017 to NZ$93.5 million. Blackrock has informed the market that it closed its position in media company Fairfax (ASX:FXJ). Magellan Financial Group (ASX:MFG) going ex-dividend, paying 44.5 cents full franked. Click for more news.
08 Feb 2018 - Market Wrap Report: The S&P/ASX 200 index closed 0.24 per cent higher or with a gain of 14 points, finishing at 5,891 or in other words, back to where we were late October 2017. Tabcorp (ASX:TAH) reported its net profit after tax slumped 58 per cent. Rio Tinto (ASX:RIO) reported a 90 per cent surge in its full year profits and will start a US$1 billion share buyback. AMP Limited (ASX:AMP) reported a massive swing to a $848 million net profit. AGL (ASX:AGL) reported its underlying HY profit after tax rose 27 per cent. Click for details and more news.