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Economics, CBA, RIO, CHC, KAR & STO

15 Jan 2020 - Fund Manager Chris Pedersen discusses economic news this week, Commonwealth Bank of Australia, Rio Tinto, Charter Hall Group, Karoon Energy, Santos.

Resolute Mining (ASX:RSG) to sell Ravenswood Mine, gold miners leading the ASX charge toward 7000: Aus shares 0.4 % higher at noon

15 Jan 2020 - Australian shares have pushed higher to a new record in early trade despite a mixed lead from the US overnight. Shares in gold and base metals explorer Kalamazoo (KZR…

St Barbara (ASX:SBM) and Australian Potash (ASX:APC) JV earn in

13 Jan 2020 - St Barbara (ASX:SBM) has paid $1.75 million to fulfil its expenditure obligation under the first earn-in period for the Lake Wells Gold Project joint venture with Aus…

Miners took a hit today with BHP (ASX:BHP) weighing on the market: ASX closed 0.8% higher

10 Jan 2020 - It has been a positive day of trade for the ASX for the end of the week with the local bourse managing to close 0.8% higher. Evolution Mining (ASX:EVN) saw their shar…

Black Friday sales lift retail turnover 0.9%: ASX tracking 0.6% higher at noon

10 Jan 2020 - The ASX rose at the open and managed to maintain momentum and is now tracking 0.6% higher at noon. Vocus Group (ASX:VOC) shares saw a rise today as did Domain Holding…

Oil stabilises on de-escalating Middle East tensions: Aus shares to open higher

10 Jan 2020 - Australian futures are indicating a positive start to the session following strong performances from US markets overnight as tensions in the Middle East ease. Retirem…

Suncorp (ASX:SUN) surpasses natural hazard allowance: Aus shares close 0.8% higher

09 Jan 2020 - The Australian share market rallied at the open and closed 0.8 per cent higher. Pilbara Minerals (ASX:PLS) led the way in the gains today. Suncorp (ASX:SUN) bushfire …

Sigma Healthcare (ASX:SIG) says goodbye to their CFO

08 Jan 2020 - Sigma Healthcare (ASX:SIG) is set to say goodbye to its Chief Financial Officer, Iona MacPherson.

Economic News, Comments and a few picks for 2020

08 Jan 2020 - Fund Manager Chris Pedersen discusses economic news, making market comments and highlighting a few stock picks for 2020.

Sezzle (ASX:SZL) hopes raised for US options

07 Jan 2020 - Buy now pay later provider Sezzle (ASX:SZL) says they have spoken with representatives from the State of California Department of Business and Oversight and now feel …

Gold miners lead gains: Aus shares close flat

06 Jan 2020 - Australian share market recovers closing flat. Evolution Mining (ASX:EVN) and Newcrest Mining (ASX:NCM) led the gains. Bega (ASX:BGA) drops 9.3 per cent on bushfire u…

Bega (ASX:BGA) falls on bushfire update: Aus shares 0.5% lower at noon

06 Jan 2020 - The Australian share market dropped at the open before slightly recovering at midday. Bega Cheese (ASX:BGA) says it’s continuing to monitor the current bushfires in a…

The IVE Group (ASX:IGL) complete acquisition of Salmat Marketing Solutions

03 Jan 2020 - The IVE Group (ASX:IGL) has completed the acquisitions of Salmat Marketing Solutions and Reach Media New Zealand, the Australian and New Zealand catalogue distributio…

SciDev (ASX:SDV) set to acquire Highland Fluid Technology for $6M

02 Jan 2020 - Solids-liquid separation process control company SciDev (ASX:SDV) is set to acquire Highland Fluid Technology for around $6 million US dollars.

Australian dollar lifts on the last day of the year: ASX closes 1.8% lower

31 Dec 2019 - The ASX took a dip at the open and failed to gather any ground closing 1.8% lower. All sectors are in the red - the sector with the least losses was Materials sector …

Healthcare leads the day: Aus shares close 0.3% lower

30 Dec 2019 - After opening lower and losing ground over the first 2 hours of trade, the ASX200 index made a valiant attempt at a comeback in the second half of the session. It lef…

BOQ raises $89.7M via share purchase plan: Aus shares 0.7% lower at noon

30 Dec 2019 - The Australian share market opened slightly lower this morning and lost ground over the first 2 hours of trade. This comes despite positive leads from US markets. Eve…

Salmat (ASX:SLM) set to sell MicroSourcing business

30 Dec 2019 - Catalogue distribution company, Salmat (ASX:SLM) has entered into an agreement to sell its MicroSourcing Managed Services business for approximately $100 million to P…

Silver Lake (ASX:SLR) and Gold Road (ASX:GOR) both see gains: ASX closes 0.4% higher

27 Dec 2019 - It has been a positive day of trade for the ASX back after its two day Christmas break managing to close 0.4% higher. Materials was the best sector today with Silver …

Materials sector on the up: ASX tracking 0.2% higher at noon

27 Dec 2019 - The ASX rose at the open and after a dip in early trade is now tracking 0.2% higher at noon. Shares in Resolute Mining (ASX:RSG) and Jumbo Interactive (ASX:JIN) are o…

Jumbo (ASX:JIN) shares fall on half year results: ASX tracking 0.4% lower at noon

20 Dec 2019 - The ASX rose at the open but took a dip in mid-morning trade and is now tracking 0.4% lower at noon. Cimic (ASX:CIM) shares are on the up after they reported this mor…

Banks drag down market: Aus shares close 0.3% lower

19 Dec 2019 - The Australian share market drifted 0.3% lower this afternoon with the major banks and CSL dragging down the broader market. Village Roadshow received a takeover offe…

Aus shares give up gains after better-than-expected jobs numbers decrease Feb rate cut chances: Aus shares up 0.1%

19 Dec 2019 - Australian shares have given up gains made in early trade after stronger-than-expected jobs data has reduced the chances of the Reserve Bank cutting rates in February…

Service Stream (ASX:SSM) wins Sydney Water Contract

19 Dec 2019 - Service Stream (ASX:SSM) subsidiary Comdain, has been awarded a ten-year agreement by Sydney Water.

ACCC raises concerns about Seven West (ASX:SWM) sale of Pacific Magazines

19 Dec 2019 - The ACCC has raised preliminary competition concerns about the proposed sale of Pacific Magazines (ASX:SWM) to Bauer Media, in a deal that would combine Australia’s t…