ASX:TWE

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ASX:TWE

Business indicators fall short of expectations: ASX tracking 0.6% lower at noon

30 Nov 2020 - The ASX is tracking 0.6% lower at noon. Shares in Treasury Wine Estates (ASX:TWE) dropped today on news of Chinese tariffs on Australian wine imports. Meanwhile, shar…

Chinese tariffs threaten to drown Australian wine exports: Aus shares up 0.9% over week

27 Nov 2020 - After opening modestly lower, the ASX200 lost ground throughout the day to close 0.5 per cent lower. All of the sectors ended in the red, except Real Estate Investmen…

A narrow victory for Biden looks likely: ASX is tracking 1% higher at noon

05 Nov 2020 - The ASX rose at the open and is now tracking 1% higher at noon. Shares in Ingham’s (ASX:ING) increased today after they reported poultry demand has strengthened. Bide…

ASX dashes ahead on Cup Day: Aus shares 1.7% higher at noon

03 Nov 2020 - The Australian stock market has dashed forward into 6000s territory this morning, as stock punters are betting on a rate cut on Cup Day. All sectors are in the black…

Changes to Lending Laws, WBC, TWE & DXS

30 Sep 2020 - Fund Manager Chris Pedersen discusses changes to lending laws, WBC, TWE & DXS.

Evolution Mining (ASX:EVN) resumes operations: Aus shares 0.1% higher at noon

18 Aug 2020 - The Australian share market opened higher this morning and is now trading 0.1 per cent up at noon. Operations at Evolution Mining’s (ASX:EVN) Red Lake gold mine in Ca…

Employment and hours worked rise - ABS: Aus shares close 0.7% lower

13 Aug 2020 - The Australian share market rose at the open but closed 0.7 per cent down at the end of trade. Employment and hours worked rose in July according to figures released …

CIMIC Group (ASX:CIM) announces another package win: Aus shares 0.8% lower at noon

13 Aug 2020 - Employment and hours worked rose in July according to figures released today by the Australian Bureau of Statistics. CIMIC Group (ASX:CIM) company CPB Contractors has…

Wisr (ASX:WZR) receives funding approval from AOFM: Aus shares 1.3% higher at noon

15 Jul 2020 - The Australian share market rose sharply in the first hour of trade this morning and is now tracking 1.3 per cent up at noon. Neo-lender Wisr (ASX:WZR) has received f…

ASX200 ends today 0.6% lower: Aus shares down 2.3% over week

10 Jul 2020 - After a shaky day of trade the Australian market closed 0.6% lower. UBS has downgraded Treasury Wines Estates (ASX:TWE) from a Buy to a Neutral, with a 12 month price…

Home loans record largest ever fall - ABS: Aus shares close 0.6% higher

09 Jul 2020 - The Australian share market rose at the open and continued to rally closing 0.6 per cent up at the end of today’s trade. Home loan commitments for housing fell sharpl…

Treasury Wine Estates (ASX:TWE) posts 21% decline in EBITS for FY20

09 Jul 2020 - Treasury Wine Estates (ASX:TWE) has posted a 21% decline in FY20 EBITS, with regional declines of approximately 14 per cent in Asia, 37 per cent in the Americas, 16 p…

RBA comments, hydrogen, agriculture companies

08 Jul 2020 - CEO Chris Pedersen looks at RBA comments from yesterday, hydrogen and agriculture companies.

Treasury (ASX:TWE) faces another class action: Aus market sheds 5.01%

01 May 2020 - Negative sentiment from US markets flowed through the Australian market today. It opened in in the red and saw a steady decline throughout the day, finishing 5% lower…

Fitch downgrades the Big Four banks: ASX tracking 0.3% lower at noon

08 Apr 2020 - The ASX dropped at the open and is struggling to gain momentum but managed to scrape back to be now tracking 0.3% lower at noon. The economic crisis from COVID-19 has…

SeaLink (ASX:SLK) extends contracts: Aus shares close 1.7% down

3 Apr 2020 - The Australian share market had a positive start to the session before trading flat at noon then falling sharply in the second half of trade erasing the days gains to …

Treasury Wine Estates (ASX:TWE) acknowledges class action

03 Apr 2020 - Treasury Wine Estates (ASX:TWE) has been served with a group proceeding filed against them in the Supreme Court of Victoria.

Phoslock Environmental Technologies (ASX:PET) MD to retire: Aus shares 1.2% lower at noon

04 Mar 2020 - The Australian share market opened with more losses this morning and is now tracking 1.2 per cent lower at noon.

Treasury Wine Estates (ASX:TWE) will not achieve growth guidance: Aus shares close 1.6% lower

25 Feb 2020 - The Australian share market today closed 1.6 per cent lower with Coronavirus fears dominating the sell-off. Treasury Wine Estates (ASX:TWE) believes it will not achie…

Treasury Wine Estates (ASX:TWE) shares fall on US market underperformance: ASX tracking 0.4% higher at noon

29 Jan 2020 - The ASX rose at the open and managed to maintain momentum and is now tracking 0.4% higher at noon. Treasury Wine Estates (ASX:TWE) shares have shot down over 20% afte…

Treasury Wine Estates (ASX:TWE) cuts guidance

29 Jan 2020 - Treasury Wine Estates (ASX:TWE) have reduced their guidance for the 2019-20 financial year mainly due to underperformance in the US markets.

Final trading day of the year: ASX poised to open lower

31 Dec 2019 - It’s the last day of trading for 2019 and Australian shares are set to open lower. Over in the US stocks fell on light trading. The S&P 500 fell the most in more than…

Dow jumps almost 150 points: Aus shares to open higher

05 Dec 2019 - The Australian share market looks set to open higher. The Dow Jones jumped almost 150 points after promising trade talks. Ben Dollard to join Treasury Wine Estates (A…

Westpac, Supermarkets and Treasury Wine Estates

27 Nov 2019 - Fund Manager, Chris Pedersen looks at Westpac (ASX:WBC), Supermarkets and Treasury Wine Estates (ASX:TWE).

Shares in Orocobre (ASX:ORE) fall despite 'solid quarter': ASX closed 0.3% higher

22 Oct 2019 - The ASX closed 0.3% higher. Orocobre (ASX:ORE) shares fell today – quarterly sales revenue at Olaroz declined 21% on a quarter on quarter basis. As for the sectors, t…