ASX:TWE

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ASX:TWE

Wall St trips as tech dips: ASX to open higher

18 May 2021 - The ASX is to open higher despite Wall St’s pullback led by technology shares. All three indexes closed in the red as inflation fears continued to linger. Morgan Stan…

Treasury Wine Estates (ASX:TWE) upgrades distribution partnership with RNDC

04 May 2021 - ASX-listed winemaker Treasury Wine Estates (ASX:TWE) has stepped up its collaboration with US heavyweight distribution partner Republic National Distributing Company …

Market failed to gain momentum despite strong open: ASX closed 0.4% lower

29 Mar 2021 - Mid morning trade saw a drop for the ASX and it failed to recover. At the closing bell the S&P/ASX 200 index closed 25 points lower, or 0.4 per cent lower to finish a…

Southern Cross Media (ASX:SXL) shares tumble on Nine's (ASX:NEC) affiliate deal with WIN: Aus shares 0.95% higher at noon

12 Mar 2021 - The Australian share market opened higher following strong positive leads from Wall Street. The Tech sector is leading the way and the only sector in the red is Consu…

Iron ore sees a dip: ASX closed 0.8% higher

10 Mar 2021 - The Australian share market took a dip in mid morning trade and failed to gain momentum. At the closing bell the S&P/ASX 200 index closed 57 points lower, or 0.8 per …

Treasury Wine Estates (ASX:TWE) reaches a long-term agreement with The Wine Group

10 Mar 2021 - Treasury Wine Estates (ASX:TWE) has reached an agreement with The Wine Group in relation to several of TWE’s commercial tier brands from its US portfolio.

Reporting season charting update - Part 2

22 Feb 2021 - Fairmont Equities Managing Director Michael Gable takes a technical look at OZ Minerals (ASX:OZL), Carsales.Com (ASX:CAR), Treasury Wine Estates (ASX:TWE) and Evoluti…

Treasury Wines (ASX:TWE) not currently considering demerger

08 Feb 2021 - Global winemaker Treasury Wines (ASX:TWE) has denied media reports of a potential demerger.

Openpay's (ASX:OPY) revenue up 58%: ASX closes 1.9% lower

28 Jan 2021 - It has been a negative day of trade for the ASX following the biggest decline since October on Wall St. The best performing stock was Unibail-Rodamco Westfield (ASX:U…

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 …