Telstra (ASX:TLS) to write down Foxtel by $300M
08 May 2020 - Telstra (ASX:TLS) has signalled that it expects a $300 million impairment in its FY20 results due to its 35 per cent stake in Foxtel.
08 May 2020 - Telstra (ASX:TLS) has signalled that it expects a $300 million impairment in its FY20 results due to its 35 per cent stake in Foxtel.
08 May 2020 - PainChek® (ASX:PCK) has received a notice of allowance from the Australian Patent Office for its pain assessment invention.
08 May 2020 - Infotech product distributor, Dicker Data (ASX:DDR) has successfully completed its $50 million institutional placement.
08 May 2020 - Financial service provider, AMP (ASX:AMP) has ceased its plans to divest its New Zealand wealth management business.
08 May 2020 - Following positive leads from US markets, the Australian share market looks set to open higher. Australia’s national cabinet will meet today to discuss a timetable for reopening parts of the economy following the covid-19 shut down. Vodafone Hutchison Australia has received the green light from the Foreign Investment Review Board to go ahead with its merger with TPG Telecom (ASX:TPM).
07 May 2020 - The Australian share market closed 0.4 per cent down. Australian Performance of Services Index plunged 11.6 points.
07 May 2020 - The Australian share market opened lower this morning and is now trading 0.6 per cent lower at noon. Link (ASX:LNK) says areas of its business has been hit by the COVID-19 pandemic.
07 May 2020 - CSL (ASX:CSL) has announced a new $US750 million ($1.17 billion) private placement.
07 May 2020 - BHP (ASX:BHP) has appointed two new independent non-executive directors - Dion Weisler and Xiaoqun Clever.
07 May 2020 - Aged care homes operator Oceania Healthcare (ASX:OCA) has reported that no COVID-19 have been recorded in their facilities.