ASX bloodbath continues: Aus shares close 3.3% lower

Finance News
28/02/2020 17:00:00

28 Feb 2020 - The ASX200 plunged at the open and has seen another sell-off throughout the day which dragged the index 3.3 per cent lower. The Australian dollar also hit a new 10 year low of US65.28¢, a figure not seen since March 2009. All sectors landed in the red today as did the Futures and Asian markets.

Washington H. Soul Pattinson and Company (ASX:SOL) Presentation, FNN Investor Event, February 2020, Sydney

Company Presentations
28/02/2020 16:25:00

28 Feb 2020 - Washington H. Soul Pattinson and Company Limited (ASX:SOL) Managing Director, Todd Barlow presents on its history of outperforming the market, paying dividends and attracting new shareholders at FNN's Investor Event.

Washington H. Soul Pattinson and Company Limited (ASX:SOL) stewardship and outlook

Interviews
28/02/2020 16:15:00

28 Feb 2020 - Washington H. Soul Pattinson and Company Limited (ASX:SOL) Managing Director, Todd Barlow provides a portfolio update and talks about the approach to investment that has enabled the company to outperform over decades.

ASX worst fall in almost 4.5 years: Aus shares 2.8% lower at noon

Finance News
28/02/2020 12:00:00

28 Feb 2020 - The Australian share market plunged at the open this morning, as the global sell-off continues, and is now tracking 2.8 per cent lower at noon. Horizon Oil (ASX:HZN) CEO terminated.

MGM Wireless (ASX:MWR) see record revenue and revised guidance

Company News
28/02/2020 11:00:00

28 Feb 2020 - Technology company MGM Wireless (ASX:MWR) today reported results for 1H FY20 showing revenue up 87 per cent to $7.6 million.

Dicker Data (ASX:DDR) raise dividend by 50%

Company News
28/02/2020 11:00:00

28 Feb 2020 - Dicker Data (ASX:DDR) today announced its results for the year ended 31 December 2019 showing net profit before tax is up 67.3 per cent to $54.3 million.

Lynas Corporation (ASX:LYC) see half year profit fall 79.6%

Company News
28/02/2020 10:15:00

28 Feb 2020 - Lynas Corporation (ASX:LYC) today released its Financial Report for the half year ending 31 December 2019 showing net profit fell 79.6 per cent to $3.9 million.

Harvey Norman Holdings (ASX:HVN) profit impacted by bushfires and property prices

Company News
28/02/2020 10:15:00

28 Feb 2020 - Harvey Norman Holdings (ASX:HVN) announced today that net profit after tax and non-controlling interests for the half-year to 31 December 2019 was $213.59 million, down $9.18 million, from $222.77 million in the previous corresponding period a 4.1 per cent decrease.

Dow plunges: ASX poised to open lower

Finance News
28/02/2020 09:20:00

28 Feb 2020 - The ASX looks set to plunge this morning after volatile trading in the US as reports the coronavirus may be spreading to America. Both the Dow and the S&P 500 had their worst day since February 2018 while the Nasdaq posted its biggest one-day loss since August 2011. Employee experience software company Limeade (ASX:LME) reports NPAT up 26 per cent.

Immutep (ASX:IMM) Presentation, Immutep TACTI-002 Clinical Results & Update Global Webcast, February 2020

Company Presentations
28/02/2020 09:00:00

28 Feb 2020 - Immutep Limited (ASX:IMU) Executive Director and CEO Marc Voigt, Chief Scientific and Medical Officer, Dr Frédéric Triebel, and Director of Clinical Development and Regulatory Affairs, Christian Mueller present on Immutep's latest clinical results.

Reece (ASX:REH) see sales revenue rise up 9%

Company News
28/02/2020 08:28:00

28 Feb 2020 - Plumbing and bathroom supplies company Reece (ASX:REH) reported its financial results for the half-year ended 31 December 2019 showing record sales revenue of $2.962 billion for the half year, this represents 9 per cent growth on HY19.

The Freedom Foods Group (ASX:FNP) report operating NPAT increased 42.1%

Company News
28/02/2020 08:28:00

28 Feb 2020 - The Freedom Foods Group (ASX:FNP) report operating net profit after tax increased 42.1 per cent to $9.1 million. Statutory net profit rose 45.6 per cent to $5.4 million, after abnormals and non-cash expenses.

Link Administration (ASX:LNK) help push tech sector lower: ASX closed 0.8% lower

Finance News
27/02/2020 17:00:00

27 Feb 2020 - The ASX closed 0.8% lower - another day ending in the red. Adelaide Brighton (ASX:ABC) shares did well today as a number of analysts upgraded them. Link Administration (ASX:LNK) shares fell after their company released their half-year results. Digital medication management company MedAdvisor (ASX:MDR) reported record operating revenue of $4.4 million, up 14.4% on the pcp.

Capital expenditure falls 2.8% in the December quarter: ASX tracking 0.8% lower at noon

Finance News
27/02/2020 12:00:00

27 Feb 2020 - The ASX failed to maintain momentum this morning where it rose slightly in early trade, dipping to now track 0.8% lower at noon. Shares in the a2 Milk Company (ASX:A2M) rose after they released their pleasing half year figures. Link Administration (ASX:LNK) shares fell. The best-performing sector is Healthcare, while the worst performing sector is Energy. AP Eagers (ASX:APE) is to sell the AHG Refrigerated Logistics division to Anchorage Capital Partners for $100 million.

AP Eagers (ASX:APE) see losses in a difficult auto market

Company News
27/02/2020 11:40:00

27 Feb 2020 - AP Eagers (ASX:APE) FY19 result reflects year of transformation with Statutory Loss After Tax from continuing operations of $80.5 million or $129.1 million when discontinued operations are included.

Evans Dixon (ASX:ED1) reduces staff by 20%

Company News
27/02/2020 11:40:00

27 Feb 2020 - Wealth manager Evans Dixon (ASX:ED1) report statutory NPAT for the half year of $2.1 million was down from $12.4 million delivered in the prior corresponding period.

NetLinkz (ASX:NET) agreement to monitor water quality in Sichuan Province

Interviews
27/02/2020 11:05:00

27 Feb 2020 - NetLinkz Limited (ASX:NET) Executive Chairman and CEO, James Tsiolis talks about the significance of the company's agreement to provides its Virtual Secure Network to a World Bank-sponsored initiative to improve water sanitation services in selected areas of the Deyang Municipality of Sichuan Province.

Afterpay (ASX:APT) see statutory loss after tax of $31.6m

Company News
27/02/2020 10:50:00

27 Feb 2020 - Afterpay (ASX:APT) reported a statutory loss after tax of $31.6 million which was impacted by oneoff and non-cash items including share-based payments expenses.

Flight Centre Travel Group (ASX:FLT) report 1H NPAT down 74%

Company News
27/02/2020 10:50:00

27 Feb 2020 - Flight Centre Travel Group (ASX:FLT) report a net profit after tax (NPAT) of $22.1 million, that’s 74 per cent less than the prior corresponding period.

AUD continues to struggle against the USD amid virus fears: ASX poised to open lower

Finance News
27/02/2020 09:30:00

27 Feb 2020 - The ASX looks set to open lower as US stocks fell for the fifth day. Treasury ten year note yields dropped. The NASDAQ did manage rise as the US markets swung into afternoon trade. On the commodities front, crude oil dropped below $50 a barrel. Lynas Corporation (ASX:LYC) is pleased to confirm that Lynas Malaysia has received a new three year operating licence.

Ingenia Communities Group (ASX:INA) 1H20 results & outlook

Interviews
27/02/2020 09:00:00

27 Feb 2020 - Ingenia Communities Group Limited (ASX:INA) CFO, Scott Noble, discusses 1H20 results, the company's portfolio and the demand for seniors accommodation.

AFT Pharmaceuticals (ASX:AFP) on track to refinance loan

Company News
27/02/2020 08:30:00

27 Feb 2020 - AFT Pharmaceuticals (ASX:AFP) says its six-year term loan facility from CRG maturing on 31 March 2020 is on track to be refinanced with a three year term loan from a local commercial bank.

The a2 Milk Company (ASX:A2M) see growth in infant nutrition sales

Company News
27/02/2020 08:30:00

27 Feb 2020 - The a2 Milk Company (ASX:A2M) report a net profit after tax of $184.9 million for the half year, an increase of 21.1 per cent on the prior corresponding period.

King River Resources (ASX:KRR) Presentation, FNN Investor Event, February 2020, Sydney

Company Presentations
27/02/2020 07:00:00

27 Feb 2020 - King River Resources Limited (ASX:KRR) Chairman, Anthony Barton presents on the company's pre-feasibility study, the overseas processing potential and its high purity alumina process breakthrough at FNN's Investor Event.

All sectors close in the red: ASX closes 2.3% lower

Finance News
26/02/2020 17:20:00

26 Feb 2020 - The ASX dropped at the open and continued to fall throughout the day closing 2.3% lower. Healius (ASX:HLS) shares are on the rise after the news of the Partners Group proposal. As for the sectors, they are all in the red. Ferry operator SeaLink (ASX:SLK) report its half year net profit after tax is at $13.6 million, that’s up 3.8 per cent on the same.