G8 Educations (ASX:GEM) CEO and MD takes a pay cut
07 May 2020 - G8 Education’s (ASX:GEM) CEO and Managing Director Mr Gary Carroll has taken a pay cut.
07May
07May
JobKeeper payments set to cover around 4.7m employees: ASX poised to open lower
07 May 2020 - Following mixed leads from US markets, the ASX looks set to open lower this morning. The S&P 500 and Dow Jones Industrial Average indexes closed lower, while IT and consumer discretionary sectors kept the Nasdaq in the green. Back home, close to 730,000 employers have so far signed up for the JobKeeper allowance, covering around 4.7 million employees. On the commodities front, oil has dropped and gold is also down. OceanaGold (ASX:OGC) released their first...
06May
A late rally boosts the market, but not enough: ASX closed 0.4% lower
06 May 2020 - The ASX failed to rise into positive territory today closing 0.4% lower. Nearmap (ASX:NEA) shares are on the rise as are Appen (ASX:APX). Shares in National Storage REIT (ASX:NSR) are down – they completed their $300m institutional placement today. The Goodman Group (ASX:GMG) today announced the appointment of Mark G. Johnson as an Independent Director.
06May
Retail turnover rises 8.5% in March: ASX 1.1% lower at noon
06 May 2020 - The ASX dropped at the open and is now tracking 1.1% lower at noon. Nearmap (ASX:NEA) shares are on the rise as are Domain Holdings (ASX:DHG). The Australian dollar has risen to US64.33 cents. As for the sectors, utilities are up and financials, down. ALS (ASX:ALQ) reports less than 10% of their global laboratory network has been adversely impacted by shutdowns due to COVID-19.
06May
Mesoblast (ASX:MSB) dose first COVID-19 patients in Phase 2/3 trial
06 May 2020 - Mesoblast (ASX:MSB) today announced that the first patients have been dosed in the 300-patient randomized placebo-controlled Phase 2/3 trial in the United States of Mesoblast’s remestemcel-L in COVID-19 infected patients.
06May
ResApp Health (ASX:RAP) receives final design for devices
06 May 2020 - Digital health company ResApp Health (ASX:RAP) has received a set of final design files, reports and supporting documents for the handheld and wearable devices under development by Avanti Med and OSI Electronics.
06May
Vicinity Centres (ASX:VCX) increases Moving Annual Turnover
06 May 2020 - Vicinity Centres (ASX:VCX) has increased its moving annual turnover during the March quarter by 1.6 per cent despite sales during the month of March declining.
06May
Bubs Australia (ASX:BUB) signs supply agreement with Coles
06 May 2020 - Bubs Australia (ASX:BUB) has entered a new supply agreement with Coles Supermarkets for their Bubs Organic Grass Fed Infant Formula.
06May
Acorn Capital Investment Fund (ASX: ACQ) small cap specialist
06 May 2020 - Acorn Capital Investment Fund Ltd. (ASX: ACQ) Head of Research and Portfolio Manager for the Consumer Discretionary, Consumer Staples and Information Technology sectors, Robert Bruce talks about the listed investment company, the fund’s composition and outlook for the next 6 months and longer term.
06May
Morrison working to get Australia back in business: ASX poised to open lower
06 May 2020 - Despite positive leads from US markets, the ASX looks set to open lower. Prime Minister Scott Morrison spoke with state and territory leaders yesterday who agreed to take steps to get Australia back in business. Meanwhile over in Europe, Sweden, Poland, Romania and the UK are not seeing a drop in coronavirus cases. Electronic donation payment business Pushpay (ASX:PPH) report a 15% decline in NPAT by US$2.8m over the year.