Yearly Archives - 2019

Banks down as Westpac (ASX:WBC) is accused of breaching anti-money laundering laws: ASX closed 1.4% lower

20 Nov 2019 - It has been a negative day of trade for the ASX closing 1.4% lower. Banks were hit hard today after Westpac (ASX:WBC) reported that AUSTRAC had applied to the Federal Court for civil penalty orders to be made in relation to anti-money laundering failures. Hansen Technologies (ASX:HSN) has signed a contract with Aurora Energy.

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Aristocrat Leisure (ASX:ALL) profit jumps up: ASX tracking 1.1% lower at noon

20 Nov 2019 - The ASX drifted lower at the open following soft leads from Wall Street and is now tracking 1.1% lower at noon. TechnologyOne (ASX:TNE) shares are on the rise today after a dip yesterday after reporting a strong increase in profit. Gambling machine manufacturer, Aristocrat Leisure (ASX:ALL) has lifted its normalised after-tax profit 20% to $700 million over the last financial year.

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Ausbil Active Sustainable Equity Fund

20 Nov 2019 - Ausbil Investment Management Chief Investment Officer, Paul Xiradis and Ausbil Head of ESG Research, Måns Carlsson-Sweeny, provide an update on the Ausbil Active Sustainable Equity fund’s performance, talk about what the fund looks for in businesses that fit the description of "sustainable", and discuss how these characteristics provide long-term above-market returns.

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Rio Tinto (ASX:RIO) says Mongolian mine agreements are legal

20 Nov 2019 - Rio Tinto (ASX:RIO) today notes Administrative Court proceedings in Mongolia with regard to a lawsuit initiated by the Darkhan Mongol Nogoon Negdel Non-Governmental Organization (NGO) relating to the Government of Mongolia’s process in finalising the Oyu Tolgoi Underground Mine Development and Financing Plan (UDP).

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Trump threatens higher tariffs if China deal doesn’t go through: ASX set to open lower

20 Nov 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. This comes after President Donald Trump threatened higher tariffs on Chinese goods if a trade deal didn't eventuate. The Aussie dollar clawed back after the RBA yesterday reported that they had considered cutting interest rates earlier this month. Serko (ASX:SKO) released their half year results showing net profit after tax fell.

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