Yearly Archives - 2019

Washington H. Soul Pattinson and Company report fall in NPAT

19 Sep 2019 - Diversified investment house, Washington H. Soul Pattinson and Company (ASX:SOL) today announced the Group’s results for the full year ended 31 July 2019, reporting a net profit after tax (NPAT) of $247.9 million for the year, down 7.1 per cent on the previous corresponding period.

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Air New Zealand targeting earnings of $350m-$450m

19 Sep 2019 - Air New Zealand (ASX:AIZ) released their investor update for August saying that based upon current market conditions and assuming an average jet fuel price of US$75 per barrel, the airline is targeting earnings before taxation to be in the range of $350 million to $450 million.

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Recce Pharmaceuticals (ASX:RCE) scales production

19 Sep 2019 - Recce Pharmaceuticals Limited (ASX:RCE) Executive Director, James Graham provides an update on the company's lead product RECCE 327, including its progress with manufacturing, securing patents and presenting to a global audience.

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Trump on Fed: ‘No guts’ after small interest rate cut: ASX set to open slightly higher

19 Sep 2019 - Following weak leads from US markets, the ASX looks set to open slightly higher this morning. The Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year. Traders were left disappointed after the Fed failed to signal it will cut rates again this year. President Donald Trump says the Fed and its chairman, Jerome Powell, have “no ‘guts,’ no sense, no vision!” ELMO Software (ASX:ELO) is to...

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OFX Group to partner with Link Market Services: Aus shares close 0.2% lower

18 Sep 2019 - OFX Group to partner with Link Market Services. Aus shares close 0.2% lower. Abacus Property Group (ASX:ABP) has appointed Trent Alston to the Abacus Board effective from today. He has over 30 years of experience in the real estate and funds management industry, with the last 13 years as Head of Real Estate for Challenger (ASX:CGF).

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Leading Index growth rate deteriorates: ASX tracking 0.1% lower at noon

18 Sep 2019 - The ASX rose at the open only to drop in the last few hours of trade. It's now tracking 0.1% lower at noon. Tech stocks were higher at the open and are still leading the sectors. Charter Hall Group (ASX:CHC) today announced that it has sold its 20% stake in Pacific Square, Maroubra and Bass Hill Plaza to Charter Hall Retail REIT (ASX:CQR).

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Link Market Services build partnership with OFX Group

18 Sep 2019 - OFX Group (ASX:OFX) today announced an exclusive strategic partnership with Link Market Services (ASX:LNK), where OFX will become Link’s preferred partner in Australia for international payments such as dividends and corporate action payments on Link’s Investor Centre platform.

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