Finance News Network

News by Michael Luu

Michael Luu

Finance News Network

Coronavirus damage less severe than expected: Aus shares close 0.1% lower

15 Sep 2020 - Aus shares closed 0.1% lower after seesawing throughout the day. The Reserve Bank of Australia released minutes from its September meeting, suggesting that the COVID-…

Woolworths (ASX:WOW) changes leadership formation

08 Sep 2020 - Woolworths (ASX:WOW) changes leadership formation.

Dotz (ASX:DTZ) finds exclusive US/Canada distributor of face mask authentication

08 Sep 2020 - High-tech tracing and anti-counterfeiting solutions provider, Dotz (ASX:DTZ) has chosen Breathe Medical to be its exclusive US and Canada distributor of the advanced …

Zelira Therapeutics (ASX:ZLD) launches oral care subsidiary in US

08 Sep 2020 - Global therapeutic medicinal cannabis company, Zelira Therapeutics (ASX:ZLD) has expanded into the dental health market by launching a scientifically formulated, hemp…

Sydney Airport (ASX:SYD) raises approximately $2.0b

08 Sep 2020 - Sydney Airport (ASX:SYD) has completed a retail shortfall bookbuild to strengthen its “financial resilience” in “challenging” pandemic circumstances.

US, China 'decouple': European gains to lift ASX

08 Sep 2020 - Aussie shares are slated to open higher today, following bullish European gains. The US is considering striking China’s tech sector by imposing restrictions on export…

Financials defy recession odds: Aus shares close 0.8% higher

03 Sep 2020 - The Australian share market shot up at the open following strong performance levels on Wall Street, especially record highs on the Nasdaq and S&P 500. Australia has r…

AUD rally decelerates after reaching 1.5-year high: ASX closes 0.2% lower

31 Aug 2020 - The Australian share market finished lower despite promising signs of an afternoon rally after midday. Meanwhile, the Australian dollar reached a 1.5-year high this m…

Market update with Shaw and Partners, July 2020

31 July 2020 - Shaw and Partners' Chief Investment Officer Martin Crabb discusses global economic conditions in the US and Europe and assesses how markets are reacting to COVID-19,…

Aussie shares give up gains, banks, miners sell off: Aus shares close 0.1% higher

19 Jun 2020 - The local share market gave up its gains in late trade alongside a similar loss of strength in US futures. Miners and the big four banks sold off in the lead up to th…

Social restrictions to be eased this weekend: Aus shares close 1.9% lower

12 Jun 2020 - The local share market recovered from its session low of 3.4% but finished down 1.9%, amid weakness in bank stocks. Today’s falls come on the back of losses of 6 to 7…

Brickworks (ASX:BKW) strength in diversified holdings

11 Jun 2020 - Brickworks Limited (ASX:BKW) Managing Director, Lindsay Partridge talks the company's expectations for growth in building materials, its property and investment portf…

Banks play Cupid on Valentine’s Day: Aus shares close 0.4% higher

14 Feb 2020 - The Australian share market gained momentum after midday to close higher. Banking giants NAB (ASX:NAB) and Commonwealth (ASX:CBA) led the charge, following 1H20 resul…

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…

Telcos leads the sectors: Aus shares close 0.3% higher

25 Nov 2019 - It has been a positive day of trade for the Australian share market closing 0.3 per cent higher. The Afterpay Touch Group (ASX:APT) shares closed the day on a high on…

OFX Group to partner with Link Market Services: Aus shares close 0.2% lower

18 Sep 2019 - OFX Group to partner with Link Market Services. Aus shares close 0.2% lower. Abacus Property Group (ASX:ABP) has appointed Trent Alston to the Abacus Board effective …

Energy sector gains not enough to push ASX into positive territory: Aus shares close flat

09 Apr 2019 - The local share market fluctuated between positive and negative territories today. Crown Resorts (ASX:CWN) was the day’s star performer, rising 20 per cent. The major…

Flat finish: Aus shares close 0.2% lower

06 Dec 2018 - Flat finish: Aus shares close 0.2% lower. Wesfarmers (ASX:WES) has completed the sale of all the ordinary shares in Coles Group Limited (ASX:COL) required to be sold …

Flat finish: Australian shares close 0.1 per cent higher

15 Nov 2018 - Flat finish: Australian shares close 0.1 per cent higher. Telecommunications, IT and cloud products and services provider Inabox Group (ASX:IAB) has this afternoon ad…

Mundane Monday: Aus shares close 0.1% lower

03 Sep 2018 - Mirvac Group (ASX:MGR) has snapped up a future office development asset in Melbourne’s CBD for $122 million. Mirvac says 383 La Trobe Street provides a secure income …

Positive start to the week: Aus shares close 0.31% higher

14 May 2018 - Australian supplier of building fixtures and fittings GWA Group (ASX:GWA) announced the sale of its door and access systems business to Allegion for $107 million. The…

Two-day losing streak: Aus shares close 0.71% lower

01 Mar 2018 - Fletcher Building (ASX:FBU) was granted a waiver of the breach of covenants under its US private placement funding arrangements. The breach occurred as a result of lo…

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