ASX:DOW

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ASX:DOW

Downer EDI shareholders face dividend cut amid challenging 2022-23 performance

10 Aug 2023 - Shareholders of Downer EDI (ASX:DOW) received disappointing news on Thursday, a week after management provided a glimpse into the company's disappointing performance …

Downer EDI's turnaround

03 Aug 2023 - Downer EDI's new management team is confident it has cleaned up operations following the discovery of problematic contracts and revenue shortfalls.

ASX ends 0.1% higher to close the week up 1.5%

30 Jun 2023 - The S&P/ASX 200 index increased by 0.1 per cent to reach 7203.30.

China manufacturing slows: ASX flat at noon

30 Jun 2023 - Chinese manufacturing activity contracted for the third consecutive month. Additionally, the value of the onshore yuan reached its lowest level since November.

Stocks of the Hour: Blue Star Helium, Magnis Energy Technologies, Downer EDI

30 Jun 2023 - A snapshot of the stocks on the move, featuring Stocks of the Hour: Blue Star Helium, Magnis Energy Technologies and Downer EDI.

EDI result a total, like Downer, man

28 Feb 2023 - Downer EDI (ASX:DOW) shares slumped almost 24% on Monday after it released the expected weak December half year result, cut its dividend and warned of a very poor out…

Trans-Tasman Tudbuts: DOW, FSF, AIZ

09 Dec 2022 - Thursday turned out to be a busy day for trans-Tasman stocks on the ASX, with Downer EDI (ASX:DOW), Fonterra (ASX:FSF) and Air NZ (ASX:AIZ) each making headlines.

Bridge Street Bites: PGH, VCX, DOW

18 Aug 2022 - Another full news day on the ASX with the reporting season picking up steam. Here’s the latest from some local industrial companies: Pact Group (ASX:PGH), Vicinity Ce…

Humm dips on Westpac NZ deal, AfterPay and Zip tumble 8%: ASX trading 0.4% higher at noon

14 July 2021 - The Australian share market is in positive territory despite Wall St’s retreat on inflation fears.

Downer EDI (ASX:DOW) receives NBN contracts

14 Jul 2021 - Downer EDI (ASX:DOW) has received two contracts from NBN Co with an estimated value of over $220 million over two-and-a-half years.

Downer, Altium, Adacel, and best and worst sectors in difficult markets

30 Jun 2021 - Fund Manager Chris Pedersen discusses Downer EDI (ASX:DOW), Altium (ASX:ALU) and Adacel Technologies (ASX:ADA).

Record trade surplus of $10.14 billion in January: ASX closes 0.8% lower

04 March 2021 - It's been a mixed day on the Australian share market. The market opened lower following weak leads from the US and managed a small recovery before closing 0.8% lowe…

Downer (ASX:DOW) awarded $245 million contract: ASX 0.7% lower at noon

04 March 2021 - The ASX opened lower following losses from Wall Street and is now tracking 0.7% lower at noon. Materials, Healthcare and Consumer Staples dragged on the market whil…

The sharemarket hits 6770.4 points: ASX closed 0.4% higher

20 Jan 2021 - Australia’s sharemarket closed higher today on news the US are looking to boost their economy with more stimulus. The S&P/ASX 200 index finished 28 points up or 0.4 p…

Downer EDI (ASX:DOW) awarded $330 million Telstra contract

20 Jan 2021 - Downer EDI (ASX:DOW) has been awarded a Field Services contract by Telstra (ASX:TLS) at around $330 million over a maximum term of five years.

The proposed acquisition of Spotless Laundries majority-owned by Downer EDI (ASX:DOW) raises competition concerns

27 Aug 2020 - The ACCC has identified potential competition concerns with South Pacific Laundry (SPL)’s proposed acquisition of Spotless Laundries, which is part of Spotless Group …

Downer EDI secures $324m in contracts: Aus shares 0.1% lower at noon

29 Jul 2020 - The Australian share market started to lift steadily after opening in the red at the open on the back of a Wall Street dip amid low consumer confidence in the US, dro…

Downer EDI (ASX:DOW) wins $450m Fortescue (ASX:FMG) contract: ASX closes 2.9% higher

26 May 2020 - The ASX has recorded its best session in seven weeks as it exits a bear market. The local bourse managed to close 2.9% higher. Afterpay (ASX:APT) shares hit $50 today…

Portfolio construction, economics, oil, iron ore

22 Apr 2020 - Fund Manager Chris Pedersen discusses the oil, gas and iron sectors, and portfolio construction.

Downer EDI (ASX:DOW) suspends review of mining business

16 Mar 2020 - Downer EDI (ASX:DOW) announced back in August that it was undertaking a review of its portfolio, they have now decided to suspend this review due to the coronavirus.

Breville (ASX:BRG) shares shot up 27.6%: ASX closed 0.2% higher

13 Feb 2020 - It has been a positive day of trade for the ASX, the local bourse managed to close 0.2% higher. Shares in Downer (ASX:DOW) continue to fall after reporting a fall in …

Downer EDI (ASX:DOW) says they are ‘not for sale’

11 Feb 2020 - Downer EDI (ASX:DOW) released a statement today refering to an article in today’s edition of The Australian which speculates about the potential sale of Downer’s “oil…

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 insure…

Phoslock Environmental Technologies (ASX:PET) issues Coronavirus impact update: Aus shares 0.4% higher at noon

24 Jan 2020 - The Australian share market rose at the open. Downer (ASX:DOW) and Cimic (ASX:CIM) are leading the gains this morning after plummeting yesterday. Prospa Group (ASX:PG…

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 takeov…