08 Apr 2020 - The ASX dropped at the open and struggled to gain momentum closing 0.9% lower. Shares in Oil Search (ASX:OSH) have declined after they reported raising $1.1 billion to ride out global price turmoil. Next Science’s (ASX:NXS) Hospital Cleaner Surface Disinfectant has been accepted for registration for inclusion on the product labelling of a Claim for effectiveness against biofilm.
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 prompted Fitch Ratings to downgrade the credit rating for the big four. Treasury Wine Estates (ASX:TWE) announced today its intention to consider a demerger of the Penfolds business and associated assets into a separate company.
08 Apr 2020 - Oil Search (ASX:OSH) is pleased to announce the successful completion os the institutional component of its entitlement offer and placement raising $1 billion.
08 Apr 2020 - Implantable hearing solutions company Cochlear (ASX:COH) has obtained US Food and Drug Administration (FDA) approval for its Remote Check solution.
08 Apr 2020 - Fintech company Zip Co (ASX:Z1P) reports for the quarter ended 31 March 2020 (Q3 FY20) that they delivered a strong set of quarterly numbers against a backdrop of economic uncertainty generating $45 million in revenue over the quarter.
08 Apr 2020 - IAG (ASX:IAG) Managing Director and Chief Executive Officer Peter Harmer has advised the Board of his intention to retire by the end of 2020.
08 Apr 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. Britain and New York state have reported their worst daily death tolls since the coronavirus pandemic began. Back home, Prime Minister Scott Morrison says Australia's economic recovery will begin with a be a series of "trials", with some states moving faster than others in lifting COVID-19 shutdown restrictions. Infratil (ASX:IFT) reports that the Longroad Energy has the closed the financing...
07 Apr 2020 - After a strong start in early trade, the ASX200 slumped mid-morning on the ABS’s announcement that the February trade balance had fallen to around $4.4 billion. It continued to float lower over the afternoon as the RBA announced a potential wind back of its government bond purchases on the secondary markets. Auckland International Airport (ASX:AIA) has completed the bookbuild for its NZ$1B placement.
07 Apr 2020 - The Australian share market rose at the open following positive leads from Wall Street. The S&P/ASX 200 index is tracking 0.1 per cent or 8 points higher at 5,294. The GPT Group (ASX:GPT) today announced that all properties in the GPT Wholesale Office Fund and the GPT Wholesale Shopping Centre Fund have been independently revalued as at 31 March 2020. The value of the properties was downgraded by approximately $183 million, representing a decline in...
07 Apr 2020 - PolyNovo (ASX:PNV) report sales for the March 2020 quarter were 166 per cent greater than the March 2019 quarter ($1.69 million v. $4.49 million).
