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ASX:DOW

Record trade surplus of $10.14 billion in January: ASX closes 0.8% lower

04 March 2021 - It's been a mixed day on the Australian share market. The market opened lower following weak leads from the US and managed a small recovery before closing 0.8% lowe…

Downer (ASX:DOW) awarded $245 million contract: ASX 0.7% lower at noon

04 March 2021 - The ASX opened lower following losses from Wall Street and is now tracking 0.7% lower at noon. Materials, Healthcare and Consumer Staples dragged on the market whil…

The sharemarket hits 6770.4 points: ASX closed 0.4% higher

20 Jan 2021 - Australia’s sharemarket closed higher today on news the US are looking to boost their economy with more stimulus. The S&P/ASX 200 index finished 28 points up or 0.4 p…

Downer EDI (ASX:DOW) awarded $330 million Telstra contract

20 Jan 2021 - Downer EDI (ASX:DOW) has been awarded a Field Services contract by Telstra (ASX:TLS) at around $330 million over a maximum term of five years.

The proposed acquisition of Spotless Laundries majority-owned by Downer EDI (ASX:DOW) raises competition concerns

27 Aug 2020 - The ACCC has identified potential competition concerns with South Pacific Laundry (SPL)’s proposed acquisition of Spotless Laundries, which is part of Spotless Group …

Downer EDI secures $324m in contracts: Aus shares 0.1% lower at noon

29 Jul 2020 - The Australian share market started to lift steadily after opening in the red at the open on the back of a Wall Street dip amid low consumer confidence in the US, dro…

Downer EDI (ASX:DOW) wins $450m Fortescue (ASX:FMG) contract: ASX closes 2.9% higher

26 May 2020 - The ASX has recorded its best session in seven weeks as it exits a bear market. The local bourse managed to close 2.9% higher. Afterpay (ASX:APT) shares hit $50 today…

Portfolio construction, economics, oil, iron ore

22 Apr 2020 - Fund Manager Chris Pedersen discusses the oil, gas and iron sectors, and portfolio construction.

Downer EDI (ASX:DOW) suspends review of mining business

16 Mar 2020 - Downer EDI (ASX:DOW) announced back in August that it was undertaking a review of its portfolio, they have now decided to suspend this review due to the coronavirus.

Breville (ASX:BRG) shares shot up 27.6%: ASX closed 0.2% higher

13 Feb 2020 - It has been a positive day of trade for the ASX, the local bourse managed to close 0.2% higher. Shares in Downer (ASX:DOW) continue to fall after reporting a fall in …

Downer EDI (ASX:DOW) says they are ‘not for sale’

11 Feb 2020 - Downer EDI (ASX:DOW) released a statement today refering to an article in today’s edition of The Australian which speculates about the potential sale of Downer’s “oil…

Insurance Australia (ASX:IAG) takes hit on update: Aus shares close flat

24 Jan 2020 - The Australian share market rose at the open although closed flat for the end of the week. Shares in Insurance Australia (ASX:IAG) took a tumble, following the insure…

Phoslock Environmental Technologies (ASX:PET) issues Coronavirus impact update: Aus shares 0.4% higher at noon

24 Jan 2020 - The Australian share market rose at the open. Downer (ASX:DOW) and Cimic (ASX:CIM) are leading the gains this morning after plummeting yesterday. Prospa Group (ASX:PG…

CIMIC (ASX:CIM) shares fall weighing on market: ASX closed 0.6% lower

23 Jan 2020 - It has been a negative day of trade for the ASX closing 0.6% lower. Shares shot up for National Storage REIT (ASX:NSR) after they confirmed they had received a takeov…

Unemployment falls to 5.1%: ASX tracking 0.7% lower at noon

23 Jan 2020 - The ASX fell at the open and is now tracking 0.7% lower at noon. CIMIC Group (ASX:CIM) shares dropped today after they announced they will exit the Middle East expect…

Downer EDI (ASX:DOW) revises its NPATA guidance for the year

23 Jan 2020 - Downer EDI (ASX:DOW) announced today that its NPATA guidance for the 2020 financial year had been revised down to $300 million.

All four banks weigh on the market: The ASX closed 0.7% lower

12 Dec 2019 - The ASX took a dip at the open and failed to gain momentum throughout the day, closing 0.7% lower. Westpac (ASX:WBC) shares dropped today after its annual general mee…

Downer (ASX:DOW) wins $520m Logan City Council contract

12 Dec 2019 - Downer EDI (ASX:DOW) has won a five-year contract, valued at approximately $520 million, to plan, design and deliver water and wastewater infrastructure for Logan Cit…

Downer EDI (ASX:DOW) is preferred contractor for Perth’s Metronet

25 Nov 2019 - Downer EDI (ASX:DOW), as a member of the NEWest Alliance, has been selected as preferred contractor to deliver the Yanchep Rail Extension and the Thornlie – Cockburn …

AUD drops as RBA cut rate to 0.75%: ASX closed 0.8% higher

01 Oct 2019 - It has been a positive day of trade for the ASX. After a small dip in early morning trade the local bourse managed to gain momentum to gain 0.8%. The market rose afte…

Downer (ASX:DOW) wins $200m coal contract

01 Oct 2019 - Contractor Downer EDI (ASX:DOW) has been awarded a two-year contract worth around $200 million to provide mining and related services at the Goonyella Riverside coal …

Integral Diagnostics (ASX:IDX) appoints Dr Milne: Aus shares close 0.4% lower

30 Sep 2019 - It’s been a bearish afternoon on the Australian share market. The S&P/ASX 200 index closed 0.4% lower. UBS has downgraded Alumina (ASX:AWC) from a neutral to a sell, …

Downer EDI (ASX:DOW) director resigns

30 Sep 2019 - Downer EDI (ASX:DOW) Non-Executive director Annabelle Chaplain will retire at the conclusion of the company’s AGM on 7 November 2019.

Downer EDI (ASX:DOW) $200M medium term debt

27 Sep 2019 - Integrated services provider, Downer EDI (ASX:DOW) Group Finance, priced an issuance of $200 million medium term debt instruments at a fixed rate of 3.7 per cent.

Mixed earnings see morning dip in the market: ASX tracking 0.4% higher at noon

23 Aug 2019 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.4% higher at noon. Shares in pharmaceutical company Mayne Pharma (ASX:MYX) shot up 10% t…