Westpac (ASX:WBC) defers dividend
04 May 2020 - Westpac (ASX:WBC) has deferred the decision on determining an interim dividend and no dividend will be paid in June 2020.
04May
04May
Contact (ASX:CEN) confirms CUWLP delay
04 May 2020 - Contact (ASX:CEN) has confirmed that national grid operator Transpower will not be funding work to accelerate the Clutha-Upper Waitaki Lines Project.
04May
Tower (ASX:TWR) appoints new CEO
04 May 2020 - Tower (ASX:TWR) has appointed Blair Turnbull as Chief Executive Officer.
04May
Trump looks to relaunch trade battle with China: ASX poised to open lower
04 May 2020 - The ASX looks set to open lower this morning as tensions once again increase between China and the US. Trump has mentioned tariffs for China as a renewed trade war seems inevitable. Back home a busy week lies ahead with a RBA Board meeting and quarterly Statement on Monetary Policy. And Afterpay (ASX:APT) is pleased to welcome Tencent Holdings as a substantial shareholder of Afterpay.
01May
Treasury (ASX:TWE) faces another class action: Aus market sheds 5.01%
01 May 2020 - Negative sentiment from US markets flowed through the Australian market today. It opened in in the red and saw a steady decline throughout the day, finishing 5% lower. Maurice Blackburn Lawyers has launched a shareholder class action law suit against Australia’s biggest wine company, Treasury Wine Estates (ASX:TWE).
01May
Acorn Capital microcap and emerging company specialist
01 May 2020 - Acorn Capital, Head of Portfolio Implementation and Portfolio manager (Healthcare and Biotechnology sectors) Paul Palumbo looks the microcap sector and the recent market sell off and discusses the outlook for next 6 months and longer term.
01May
Ingenia raises $150 million (ASX:INA): Aus shares 3.9% lower at noon
01 May 2020 - The Australian share market opened lower following negative economic headwinds from the US and has continued to track lower in the first 2 hours of trade. All of the sectors are in the red, with Energy weighing heaviest on the market. Lifestyle and holiday communities provider, Ingenia Communities Group (ASX:INA) has successfully completed the institutional component of its $150 million placement.
01May
South32 Group Operations (ASX:S32) awards 10 year contract to Alliance Aviation Services (ASX:AQZ)
01 May 2020 - South32 Group Operations (ASX:S32) has extended its airline services contract with Alliance Aviation Services (ASX:AQZ) for a further ten year (2020 to 2030).
01May
Sandfire Resources (ASX:SFR) to snap up the Namibian exploration properties
01 May 2020 - A subsidiary of Sandfire Resources (ASX:SFR) has executed a binding agreement to snap up the Namibian exploration properties of ASX listed copper and silver prospector, Kapore Metals (ASX:KMT).
01May
Reliance Worldwide Corporation (ASX:RWC) to scale back Australian operations
01 May 2020 - Industrials heavyweight Reliance Worldwide Corporation (ASX:RWC) has announced that due to the impact of covid-19 the board has decided to scale back manufacturing operations in Australia from 5 days a week to 4 days a week, commencing the week of 11 May 2020.