07 Feb 2020 - Despite today’s losses, over the week the market has gained 0.1%. RBA Governor says coronavirus has created economic uncertainty. This comes as Honda and Toyota extend the closure of their Chinese factories and Flight Centre (ASX:FLT) warns that coronavirus has affected travel patterns in Asia.
07 Feb 2020 - The Australian share market opened slightly lower defying positive leads from Wall Street and is now tracking 0.4 per cent lower at noon, with economic data on the services industry and optimistic projections from Reserve Bank of Australia Governor Philip Lowe doing nothing to turn the tide. Medicinal cannabis company Cann Group (ASX:CAN) has successfully completed its $8 million raising.
07 Feb 2020 - Adventure retailer Kathmandu (ASX:KMD) report group underlying EBIT for the first half of financial year 2020 is expected to be around 40 per cent above the same period last year following the successful acquisition of surf retailer Rip Curl.
07 Feb 2020 - News Corporation (ASX:NWS) today reported financial results for the three months ending December 31, 2019 showing a 6 per cent decline in revenues at $2.48 billion compared to $2.63 billion in the previous year.
07 Feb 2020 - Aurizon (ASX:AZJ) today announced that Pam Bains has been appointed to the position of Group Executive Network.
07 Feb 2020 - Sigma Healthcare (ASX:SIG) reports that the transformation of their business has left them unable to pay a fully franked dividend in 2020.
07 Feb 2020 - Australian shares are poised to open higher after positive leads from New York. All three US benchmarks closed higher, resetting record highs. Shares also rose across Europe in response to China's decision to cut tariffs on some imported US goods. Crown Resorts (ASX:CWN) have entered into a deed to terminate the sale of the second tranche of Crown shares to Melco Resorts Group.
07 Feb 2020 - Agricultural group Webster (ASX:WBA) reports that the Supreme Court of NSW has made orders approving the Ordinary Scheme of Arrangement under which an indirect wholly-owned subsidiary of Canada’s Public Sector Pension Investment Board will acquire all of the ordinary shares in Webster that they not already own.
07 Feb 2020 - The REA Group (ASX:REA) today announced its results for the half-year ended 31 December 2019 showing revenue of $440.3 million and EBITDA of $272.1 million.
06 Feb 2020 - The ASX shot up at the open and managed to stabilise closing 1.1% higher. Pinnacle Investment Management (ASX:PNI) shares rose after they reported net profit from continuing operations up 37% to $13.8 million. CIMIC Group (ASX:CIM) company CPB Contractors has been selected to deliver upgrades to two major regional highway projects totalling $164 million.
