13 Dec 2019 - It has been a positive day of trade for the Australian share market the local bourse managed to close 0.5% higher. Stocks with significant UK businesses enjoyed gains such as Virgin Money UK (ASX:VUK) after exit polls in the UK election point to a Boris Johnson majority. Adairs (ASX:ADH) has today completed its acquisition of Mocka.
13 Dec 2019 - The ASX rose at the open and is now tracking 0.4% higher at noon. Stocks with significant UK businesses enjoyed gains such as Virgin Money UK (ASX:VUK) after exit polls in the UK election point to a Boris Johnson majority. Medical device company PolyNovo (ASX:PNV) is thrilled NovoSorb BTM has been granted a CE Mark.
13 Dec 2019 - The Australian share market is poised to open higher following positive leads from the US. Wall Street surged to fresh record highs overnight on news that US negotiators have reached the terms of a phase-one trade deal with China. The deal is now subject to President Donald Trump's approval. Fuel distributor Z Energy (ASX:ZEL) has downgraded its EBITDAF earnings guidance for the 2020 financial year.
12 Dec 2019 - The ASX took a dip at the open and failed to gain momentum throughout the day, closing 0.7% lower. Westpac (ASX:WBC) shares dropped today after its annual general meeting, the other three banks also took a hit weighing on the market. The Decmil Group (ASX:DCG) has entered into an EPC contract with Sunraysia Solar Farm.
12 Dec 2019 - The ASX took a dip at the open and continued to fall throughout the morning. They are now tracking 0.6% lower at noon. Webjet (ASX:WEB) shares have dropped and Redbubble (ASX:RBL) shares took a huge fall today after the company revised its growth outlook for 2020.
12 Dec 2019 - The local share market looks set to open lower this morning despite stocks closing slightly higher on Wall Street yesterday after the Federal Reserve signaled it is not likely to increase rates in 2020. Work place solutions company Damstra Holdings (ASX:DTC) has entered into an asset sale agreement to acquire the Scenario Advantage Workforce business (Scenario) from the Projection Group1.
12 Dec 2019 - It has been a positive day of trade for the ASX the local bourse managed to close 0.7% higher after a strong afternoon rally. Webjet (ASX:WEB) rose almost 10% after dismissing media speculation that it was a takeover target. IMF Betham (ASX:IMF) reports that the Federal Court of Australia has approved the deed of settlement in the Forge securities class action.
12 Dec 2019 - The ASX has risen at the open despite weak leads from Wall Street. It is now tracking 0.2% higher at noon. Shares in Webjet (ASX:WEB) went up today after they responded to media speculation surrounding expressions of interest in the company. They say there is currently no such proposal. Shares on the decline include EML Payment (ASX:EML) and Pro Medicus (ASX:PME). Virtus Health (ASX:VRT) has exercised its second and final option to acquire a further 15% stake in the Sims IVF Group.
11 Dec 2019 - Following a lacklustre day yesterday from the US markets, the ASX looks set to open flat this morning. It's been reported that US and China are planning on delaying the next round of tariffs set for Sunday. The Flight Centre Travel Group (ASX:FLT) has expanded its global leadership team to increase the focus on leisure and corporate travel growth.
10 Dec 2019 - It has been a rollercoaster day of trade for the ASX. The local bourse managed to close 0.3% lower. Companies to lose the most ground were Avita Medical (ASX:AVH), Metcash (ASX:MTS) and Perenti Global (ASX:PRN). Cochlear (ASX:COH) today announced the appointment of Michael Daniell to the board - former Managing Director and CEO of Fisher & Paykel Healthcare Corporation.
10 Dec 2019 - The ASX has been on a bit of a rollercoaster ride this morning and is now riding flat at just 0.01% lower at noon. Shares in The A2 Milk company (ASX:A2M) rose today after yesterday's news that CEO Jayne Hrdlicka is set to leave. Shares on the decline are the Lendlease Group (ASX:LLC), and Avita Medical (ASX:AVH). Midway (ASX:MWY) has successfully negotiated its first export price contract.
10 Dec 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning as US stocks saw declines. The losses ended three days of rises on Wall Street, boosted by US jobs report beating analysts expectations. Tower Insurance (ASX:TWR) has started its search for a new CEO after it confirmed that Richard Harding will not extend his contract past next year.
09 Dec 2019 - The Australian share market closed higher. McMillan Shakespeare (ASX:WHC) was the worst performer after the company released its trading performance update. Panoramic Resources (ASX:PAN) advises shareholders to reject Independence Group's bid.
09 Dec 2019 - The Australian share market has risen at the open, tracking 0.1 per cent higher at noon. The Reject Shop (ASX:TRS) appoints new CEO.
09 Dec 2019 - Following positive leads from US markets, the ASX looks set to start the week by opening higher. Robust US jobs data saw November gains surpass expectations despite global trade and economic uncertainty, boosting Wall Street last week. Lifestyle Communities (ASX:LIC) has appointed PricewaterhouseCoopers as the Company's Auditor.
06 Dec 2019 - It has been a positive day of trade for the ASX closing 0.4% higher. Bega (ASX:BGA) also dropped today. Shares in Caresales.com (ASX:CAR) shot up today as did Beach Energy. The Scentre Group (ASX:SCG) today announced it has acquired a 50% interest in Garden City Booragoon, Perth for $570 million.
06 Dec 2019 - The ASX has risen at the open following positive leads from Wall Street. It is now tracking 0.3% higher at noon. Boral (ASX:BLD) shares slipped today after reporting they had identified financial irregularities in their North American window's business. Medical Developments International (ASX:MVP) announced today that the Russian Ministry of Health has accepted their Marketing Authorisation Application (MAA) for review for Penthrox.
06 Dec 2019 - Following soft leads from US markets, the ASX looks set to open higher this morning. Stocks rose in Asia and Europe as China and the US tried to reach an agreement on their 20-month-long trade war. OPEC to meet again today in Vienna to discuss oil supply policy. Northern Star Resources (ASX:NST) has completed the takeover of Echo Resources (ASX:EAR).
05 Dec 2019 - The ASX200 made gains today and managed to unwind some of the losses we've seen over the last 2 days. All of the sectors managed to cap some gains today, with Energy and Consumer Staples leading the charge. Morgans and UBS have both upgraded Adairs (ASX:ADH).
05 Dec 2019 - The Australian share market opened lower defying positive leads from US markets, but has edged higher over the first 2 hours of trade. It is now tracking nearly 1 per cent higher at noon, with all sectors in the green. Megaport (ASX:MP1) is conducting a $62 million raising. Citi has upgraded oOh! Media (ASX:OML). Retail Trade figures for October are largely unchanged. Australia's International Trade in Goods and Services for October capped a $6,341 million surplus.
05 Dec 2019 - The Australian share market looks set to open higher. The Dow Jones jumped almost 150 points after promising trade talks. Ben Dollard to join Treasury Wine Estates (ASX:TWE) as President of the Americas.
04 Dec 2019 - The ASX took a dip for the second day in a row closing 1.6% lower. Banks dragged on the markets and tech stocks also declined. oOh!Media (ASX:OML) shares saw an over 20% boost after confirming yesterday that they expect FY19 Underlying EBITDA to exceed its earlier forecast.
04 Dec 2019 - The ASX dropped at the open following falls from Wall Street. It is now tracking 1.5% lower at noon. Shares in oOh!Media (ASX:OML) shot up after they upgraded their FY19 Earnings Guidance yesterday. The Australian economy grew 0.4% in the September quarter. The Village Roadshow (ASX:VRL) announces some board changes.
04 Dec 2019 - Following negative leads from US markets, the ASX looks set to drop at the open. The Dow fell for a third day and the rest of the US markets were rattled when US President Donald Trump suggested he may want to delay a trade deal with China until after the 2020 presidential election. Earlier this week Trump tweeted that the US would impose tariffs on steel and aluminium from Brazil and Argentina. iCar Asia (ASX:ICQ) reached EBITBA breakeven in November, one month ahead of earlier guidance.
03 Dec 2019 - It has been a disappointing day of trade for the ASX closing 2.2% lower. NRW Holdings (ASX:NWH) and Silver Lake Resources (ASX:SLR) all experienced small rises today. Avita Medical (ASX:AVH) and Wisetech Global (ASX:WTC) dropped over 6% today. Meanwhile, LiveTiles (ASX:LVT) has completed the acquisition of CYCL, a leading intelligent intranet software business in Europe.
03 Dec 2019 - The ASX dropped at the open following soft leads from Wall Street and is now tracking 1.7 per cent lower at noon. Speedcast International (ASX:SDA) and shares in Western Areas (ASX:WSA) are on the up. Virgin Money UK (ASX:VUK) shares are falling after shooting up last week when they released strong results for FY19. The Uniti Group (ASX:UWL) is looking to raise $85 million for the acquisition of 1300 Holdings and its related entities for $78 million.
03 Dec 2019 - The Australian share market looks set to tumble this morning. US President Donald Trump to put tariffs on steel and aluminum exports from Brazil and Argentina. Hannah Hamling will join the Mercury NZ (ASX:MCY) board from 1 February 2020.
02 Dec 2019 - Perenti's Surface Mining Industry Sector Group (ASX:PER) secures $165 million worth of new and extended contracts.
2 Dec 2019 - The Australian share market has risen sharply this morning as investors await a big week of local economic data. All of the sectors except energy are in the green. Buy now pay later company Sezzle (ASX:SZL) has secured a US$100 million debt facility to support future growth.
02 Dec 2019 - Despite weak leads from US markets, the ASX looks set to open higher this morning just ahead of a large week of local economic data to be released. China insists US tariffs must be rolled back as part of any phase one trade deal with Washington. Moelis Australia (ASX:MOE) exchanged contracts on Friday to acquire The Beach Hotel, Byron Bay for $104 million.
29 Nov 2019 - It's been a positive week of trade on the Australian share market despite today's downturn. Private sector credit grew slower than expected in October and a number of acquisitions completed today. Mitchell Services (ASX:MSV) has acquired Deepcore Holdings.
29 Nov 2019 - The Australian share market opened slightly higher this morning and is currently 0.2% higher at noon. Citi rates plus sized fashion retailer, City Chic Collective (ASX:CCX) as a sell, with a 12-month price target of $2.30.
29 Nov 2019 - European markets retreated as investors fear what the US's ratification of the Hong Kong Human Rights and Democracy Act could mean for the US-China trade deal. The ASX futures market is indicating a positive start for the Australian share market. Gold rose slightly overnight. Synlait Milk (ASX:SM1) is offering up to $150 million of 5 year unsecured subordinated fixed-rate bonds.
28 Nov 2019 - The Australian share market closed higher, tracking 0.2 per cent up. Service Stream and Telstra led the way as the best performing stocks. Westpac (ASX:WBC) has a newly appointed Financial Crime Committee.