New 10-year high on earnings: Aus shares close 0.2% higher

Finance News
17/08/2018 17:30:00

17 Aug 2018 - Market Wrap. Reporting season boost. Ausdrill up 14% on cap raise and broker upgrade to a buy. Evolution Mining fell 4% on results, Goodman profit up 40%. Jumbo Interactive up 17% on profit jumping 115%.

New 10-year high: Aus shares 0.1% higher at noon

Finance News
17/08/2018 12:45:00

17 Aug 2018 - ASX sets new 10 year high with Ausdrill breaking above its 50 day moving average price, rising 18%. Link Resources & Seven West Media up 7%. Jumbo Interactive up 13%, continues 9-day run on strong results. Hansen Technologies up 4% on NPAT lift. Watch for more.

WorleyParsons awarded new contract by Pertamina

Company News
17/08/2018 11:35:00

17 Aug 2018 - WorleyParsons (ASX:WOR) has been awarded a project management consultancy contract by Indonesia’s national oil company PT Pertamina.

MyState see net profit of $31.5m

Company News
17/08/2018 11:35:00

17 Aug 2018 - Personal bank MyState (ASX:MYS) have announced their net profit after tax is $31.5 million, that’s up 4.6 per cent compared to the previous corresponding period which saw $30 million profit.

New deal for Oil Search and PNG LNG

Company News
17/08/2018 10:50:00

17 Aug 2018 - Oil Search (ASX:OSH) who have a 29 per cent interest in PNG LNG project have seen them enter into a mid-term liquefied natural gas sale and purchase agreement with BP Singapore.

Link Administration see 68% rise in NPAT

Company News
17/08/2018 10:50:00

17 Aug 2018 - Administrator of financial ownership data Link Administration Holdings (ASX:LNK), has seen its statutory net profit after tax (NPAT) rise up 68 per cent to $143.2 million compared to the prior corresponding period.

Ecommerce boosts property group Goodman’s profits

Company News
17/08/2018 09:50:00

17 Aug 2018 - Property Group Goodman (ASX:GMG) has seen a statutory accounting profit of $1.1 billion for the 12 months through to June 30, up from $778.1 million a year earlier.

Kogan.com’s full year profit soars

Company News
17/08/2018 09:50:00

17 Aug 2018 - Kogan.com (ASX:KGN) has reported its net profit after tax (NPAT) is $14.1 million for the financial year 2018, that’s up by $10.4 million from $3.7 million on the prior corresponding period.

China agrees to US trade talks: ASX set to open higher

Finance News
17/08/2018 08:38:00

17 Aug 2018 - Australian shares are set to open higher today as US stocks rebounded when China declared it would hold trade talks with the US later this month. Turkey's lira keeps climbing and Homeloans (ASX:HOM) subsidiary RESIMAC has settled a $1 billion RMBS transaction.

ASX claws back, Breville boils up: Aus shares close flat

Finance News
16/08/2018 17:20:00

16 Aug 2018 - Market Wrap. Breville Group boils up 13% on a rise in its financial results, Telstra gains 6% on beating UBS forecasts for FY18, IPH up 5% on revenue lift in Asia, Nearmap up 8% on formal expansion in NZ.

Reporting drags: Aus shares back track at noon, 0.3% lower

Finance News
16/08/2018 12:56:00

16 Aug 2018 - Market at Midday. Low Aus wage growth continues. Unemployment rate fell to 5.3%. Invocare down 9.6%, Origin Energy down 6.7%, Mineral Resources down over 6% on reporting results. IPH up 3.4% on results, Charter Hall Retail REIT up 1.5% on results. Watch for more.

Nearmap expands into New Zealand

Company News
16/08/2018 11:50:00

16 Aug 2018 - Aerial imagery company Nearmap (ASX:NEA) has formally expanded into New Zealand.

Invocare first half profit falls

Company News
16/08/2018 11:50:00

16 Aug 2018 - Funeral company InvoCare’s (ASX: IVC) net profit after tax attributable to equity holders is down 50 per cent to $20.8 million for the half year ending June 30th 2018.

AusCann develops capsule cannabinoid medicine

Company News
16/08/2018 11:00:00

16 Aug 2018 - Pharmaceutical company AusCann Group Holdings (ASX:AC8) has successfully completed a pilot study for its final dose form for its cannabinoid medicines.

Downer EDI’s net profit dropped 61% to $71.4m

Company News
16/08/2018 11:00:00

16 Aug 2018 - Railway engineering company Downer EDI's (ASX:DOW) annual net profit dropped 61 per cent to $71.4 million from $181.5 million from the previous corresponding period.

Sonic healthcare see 11% rise in net profit

Company News
16/08/2018 09:50:00

16 Aug 2018 - Sonic Healthcare (ASX:SHL) today reported a statutory net profit for the year to 30 June 2018 of $476 million, rise of 11.2 per cent.

Teltra’s full year profit down 8.9 per cent

Company News
16/08/2018 09:50:00

16 Aug 2018 - Telstra (ASX:TLS) has reported its net profit after tax (NPAT) fell 8.9 per cent to $3.5 billion for the financial year 2018.

Turkey retaliates against Trump: ASX set to open lower

Finance News
16/08/2018 08:29:00

16 Aug 2018 - The ASX looks set to open lower this morning rocked by fears of a global trade war as tensions increase between the US and Turkey. Practice Insight, a subsidiary of IPH (ASX:IPH), has sold of two of its products to CPA Global.

Another day of solid gains : ASX closed 0.5% higher

Finance News
15/08/2018 17:00:00

15 Aug 2018 - It has been a positive day of trade for the ASX. Aveo (ASX:AGO) saw gains as did Afterpay (ASX:ATP) and Dominos Pizza (ASX:DMP). Mineral Resources (ASX:MIN) saw a 35 per cent hike in net profit after tax.

Strong earnings results help market rebound: Aus shares 0.1% higher at noon

Finance News
15/08/2018 12:53:00

15 Aug 2018 - Aus shares recover early losses, slightly higher at noon. Seek (ASX:SEK) has reported its net profit after tax (NPAT) dropped about 84 per cent on FY17 to $53.2million for the 2018 financial year.

Turkey crisis and results preview for today

Stock Watch
15/08/2018 11:50:00

15 Aug 2018 - Fund Manager, Chris Pedersen discusses latest from Turkey and previews results from Fairfax Media, Computershare, CSL, Insurance Australia, Wesfarmers and Woodside Petroleum.

IAG posts slight fall in net profit

Company News
15/08/2018 11:44:00

15 Aug 2018 - IAG Insurance Australia (ASX:IAG) has reported its net profit after tax (NPAT) fell about 0.6 per cent on FY17 to $923 million for the 2018 financial year.

Computershare FY18 profit rises 12.6%

Company News
15/08/2018 11:44:00

15 Aug 2018 - Computershare (ASX:CPU) has reported its net statutory profit after tax (NPAT) rose about 12.6 per cent on FY17 to $300 million for the 2018 financial year. The result was in line with UBS expectations.

Fairfax posts net loss of $63.8m

Company News
15/08/2018 10:34:00

15 Aug 2018 - Fairfax (ASX:FXJ) has reported net loss after tax of $63.8 million for the 2018 financial year.

CSL full year net profit jumps 28 per cent

Company News
15/08/2018 10:32:00

15 Aug 2018 - CSL (ASX:CSL) has reported its net profit after tax (NPAT) rose about 28 per cent on FY17 to $1.7 billion for the 2018 financial year.