Monthly Archives - October 2019

APRA won’t launch appeal against IOOF (ASX:IFL)

18 Oct 2019 - Wealth Manager, IOOF (ASX:IFL) has announced the Australian Prudential Regulation Authority will not appeal the Federal Court's decision to dismiss its case against IOOF after the deadline for the regulator to lodge an appeal passed.

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Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

17 Oct 2019 - The ASX dropped at the open and failed to gain momentum closing 0.8% lower. Shares in Wisetech Global (ASX:WTC) slumped today - they have entered into a trading halt pending the release of an announcement on Monday. CIMIC Group company, (ASX:CIM) and wholly owned subsidiary of CPB Contractors, Broad Construction, has been selected by the Queensland Government to help build the new Secondary College in Brisbane.

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IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

17 Oct 2019 - The ASX dropped at the open and is now tracking 0.4% lower at noon. Shares in IOOF Holdings (ASX:IFL) are on the up after ANZ (ASX:ANZ) reduced the price for the sale of its OnePath Pensions and Investments business and Aligned Dealer Groups. City Chic Collective (ASX:CCX) has finalised the acquisition of the e-commerce assets of Avenue Stores in the United States.

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