Aged care sector slides: ASX200 gains 1.8% over week

Finance News
18/01/2019 17:00:00

18 Jan 2019 - The ASX200 continues its rise, closing 0.5 per cent higher today. This marks the fourth day of gains. All of the sectors closed higher. Royal Commission caused Regis Healthcare (ASX:REG), Estia Health (ASX:EHE) and Japara Healthcare (ASX:JHC) to take a hit. Over the week, the market has gained 105 points or 1.8 per cent.

Monthly economic update with MLC, January 2019

Funds Management
18/01/2019 15:45:00

18 Jan 2019 - MLC Senior Economist Bob Cunneen speaks to NAB Asset Management Portfolio Specialist Sinead Rafferty about global share market weakness, the bond market rally and the resilience of the Australian share market.

Orocobre and Afterpay shine: Aus shares 0.5% higher at noon

Finance News
18/01/2019 12:00:00

18 Jan 2019 - Market at Midday. News includes Orocobre (ASX:ORE) appointing new MD. Martín Pérez de Solay clocking on as CEO, its Dec Qtr beating expectations by 2%, Citi's PT is $5.90. Gazal Corporation (ASX:GZL) shares gallop 18% on earnings soaring. Whitehaven Coal (ASX:WHC) set for turnaround.

Aus Tin Mining find potential nickel and copper sulphides

Company News
18/01/2019 11:30:00

18 Jan 2019 - Aus Tin Mining (ASX:ANW) has released a report showing that there is potential nickel and copper sulphides and native copper logged in their most recent drill core at Pembroke Prospect.

CIMIC Group's UGL in new $200m contracts

Company News
18/01/2019 11:30:00

18 Jan 2019 - CIMIC Group (ASX:CIM) company UGL has secured contract extensions to supply maintenance and turnaround services for its clients in the oil and gas sector.

December the best month ever for Afterpay Touch

Company News
18/01/2019 10:30:00

18 Jan 2019 - The Afterpay Touch Group (ASX:APT) report that December was the largest ever month on record for them.

Rio Tinto iron ore shipments fall in their fourth quarter

Company News
18/01/2019 10:30:00

18 Jan 2019 - Rio Tinto (ASX:RIO) released their fourth quarter production results showing iron ore shipments dropped by 3 per cent to 87.4m tonnes.

Some China tariffs could be lifted by the US: ASX poised to open higher

Finance News
18/01/2019 09:30:00

18 Jan 2019 - The ASX is set to open higher this morning, as more news is released regarding the US/China trade talks with Wall Street extending early gains because of this. Some Trump administration officials are pushing for the US to lift tariffs on Chinese goods, according to a new report. Netflix rose ahead of their results due out later. And 2018 was another record year for Sydney Airport.

Tilt Renewables production up 12% for the quarter

Company News
18/01/2019 08:15:00

18 Jan 2019 - Tilt Renewables’ (ASX:TLT) portfolio was approximately 12 per cent above the prior corresponding period for the quarter, despite New Zealand production being slightly below that of the Dec-17 quarter and long-term expectations.

Spicers in proposed $148m deal

Company News
18/01/2019 08:15:00

18 Jan 2019 - Paper distributor Spicers (ASX:SRS) has entered into a scheme of arrangement with Japan's Kokusai Pulp and Paper to be taken over for around $148 million.

South32, WHC bumper jumpers: ASX up 0.3% Thursday, 5.3% in January

Finance News
17/01/2019 17:00:00

17 Jan 2019 - Market Wrap. Jan bull run continues. Home loans fall less than expected after rising in Oct. South32 (ASX:S32) upgrades FY estimates by 7% for Illawarra Metallurgical Coal, sees record production at Aust' Manganese. Whitehaven Coal (ASX:WHC) record Dec Qtr, Alumina's (ASX:AWC) Alcoa sees earnings rise.

Home loans slip less than expected, WHC record Qtr: ASX 0.3% higher at noon

Finance News
17/01/2019 12:40:00

17 Jan 2019 - Market at Midday. Energy leads after oil rises to 1-month high. Whitehaven Coal (ASX:WHC) reports record December Qtr, Orocobre (ASX:ORE) production & sales rise 65% and 41%. Michael Hill (ASX:MHJ) upgraded by Citi on Christmas sales.

Alumina says Alcoa Corp’s quarterly EBITDA sees increase

Company News
17/01/2019 11:45:00

17 Jan 2019 - Alumina (ASX:AWC) says Alcoa Corp’s quarterly earnings release with adjustments to the EBITDA due to increase in shipments due to higher tonnes produced.

Woodside Petroleum see 43% rise in Dec quarter

Company News
17/01/2019 11:45:00

17 Jan 2019 - Woodside Petroleum (ASX:WPL) has released details of a strong December quarter with an increase of 43 per cent compared to this time last year.

Kogan.com see record trading for the Christmas period

Company News
17/01/2019 10:30:00

17 Jan 2019 - Retail and services company Kogan.com (ASX:KGN) recorded the best trading results in the Christmas period this year – particularly with the Black Friday and Boxing Day sales.

Infratil says RetireAustralia CEO has resigned

Company News
17/01/2019 10:30:00

17 Jan 2019 - New Zealand-based infrastructure investment company Infratil (ASX:IFT) has advised that the CEO of RetireAustralia has resigned.

Global uncertainty causes caution: ASX set to open higher

Finance News
17/01/2019 09:30:00

17 Jan 2019 - The ASX is set to open slightly higher this morning as stocks gained on Wall Street. Understandably investors are currently cautious due to uncertainty around the globe – such as the Brexit crisis in the UK, the US government shut down and the ongoing China US trade deal tensions. And South32 (ASX:S32) has made changes to its leadership team.

Terramin Australia reviews long term financing

Company News
17/01/2019 08:20:00

19 Jan 2019 - Terramin Australia's (ASX:TZN) subsidiary, Terramin Exploration has entered into an agreement with major shareholder Asipac Group Pty to restructure its Standby Term Facility.

Harvey Norman updates settlement of securities for Coomboona

Company News
17/01/2019 08:20:00

17 Jan 2019 - Retailer Harvey Norman (ASX:HVN) have released an update on the administration sale of Coomboona Dairy.

Building work rises for Sept quarter : ASX closed 0.4% higher

Finance News
16/01/2019 17:00:00

16 Jan 2019 - The ASX moved cautiously this afternoon closing 0.4% higher. Ausdrill (ASX:ASL) shares are up over 8% today. Bingo Industries (ASX:BIN) also did well today. Total building work done rose 0.4% for the Sept Q. And Link Administration (ASX:LNK) says the acquisition of PEXA is complete.

Brexit, G8 Education, AMA, Webjet

Stock Watch
16/01/2019 12:20:00

16 Jan 2019 - Fund Manager Chris Pedersen discusses Brexit, the US Government Shutdown, G8 Education, AMA Group and Webjet.

Gold miners take a dip: ASX tracking 1.1% higher at noon

Finance News
16/01/2019 12:00:00

16 Jan 2019 - The ASX opened lower is now tracking 0.1 per cent higher at noon. Ausdrill (ASX:ASL) shares are up to almost 7% today, rebounding from the resignation of its CFO. Gold miners are not faring so well with Regis Resources one of the worst performers. And Woodside (ASX:WPL) has awarded four new contracts.

Sky and Space Global expands footprint n the US and South America

Company News
16/01/2019 10:45:00

16 Jan 2019 - Sky and Space Global (ASX:SAS) is set to expand its footprint in the US and South America after signing two new Memorandum of Understanding (MOU) agreements.

Invion appoints experts to its Scientific Advisory Board

Company News
16/01/2019 10:45:00

16 Jan 2019 - Cancer therapy developer, Invion (ASX:IVX) has strengthened its scientific advisory board appointing experts in skin, lung and prostate cancer.

Galaxy Resources appoints Alan Fitzpatrick as Director

Company News
16/01/2019 10:30:00

16 Jan 2019 - Galaxy resources (ASX:GXY) has announced the appointment of Alan Fitzpatrick as an Independent Director.