WiseTech Global (ASX:WTC) update on acquisition earnout arrangements
28 May 2020 - WiseTech Global (ASX:WTC) today announced it has renegotiated earnout arrangements for a number of its strategic acquisitions.
28May
28May
Strike Energy (ASX:STX) awarded WA government support
28 May 2020 - Strike Energy (ASX:STX) is pleased to announce that the West Erregulla Gas Project has been awarded Lead Agency Status in WA.
28May
Mesoblast (ASX:MSB) reports a net loss US$45.3 million for nine months
28 May 2020 - Mesoblast (ASX:MSB), the company that develops cellular medicines for inflammatory diseases, has reported a net loss of $US45.3 million in the nine months to the end of March.
28May
Wall Street grows optimistic on an economy restart: ASX poised to open higher
28 May 2020 - Following a lift from US markets overnight, the ASX looks set to open higher this morning. On Wall Street, optimism grew as more and more companies start to reopen. The Trump administration is considering sanctions on Chinese officials, threatening to escalate tensions between the world’s two largest economies. Back home experts warn many businesses will collapse in September when the JobKeeper allowance is withdrawn. On the commodities front gold and oil both fell. Synlait Milk...
27May
The big four banks see a huge rally: ASX closes 0.1% lower
27 May 2020 - After a rise after mid-morning trade the ASX took an afternoon slump and closed 0.1% lower. Banks saw a rally today. The ANZ (ASX:ANZ), NAB (ASX:NAB) and Westpac (ASX:WBC) all closed around 8%. Saracen Mineral Holdings (ASX:SAR) shares saw a decline today. Director Raleigh Finlayson has sold 500,000 shares in the company. Resimac Group (ASX:RMC) is pleased to confirm it has priced a $500 million prime Residential Mortgage-Backed Security (RMBS) transaction.
27May
Constrution work fell in the March quarter: ASX tracking 0.3% lower
27 May 2020 - The ASX dropped at the open, pulled back up in mid morning trade and is now tracking 0.3% lower at noon. Financials is the sector leading the way giving the market a boost, healthcare falling behind. Shares in Southern Cross Media Group (ASX:SXL) did well today, Saracen Mineral Holdings (ASX:SAR) saw a decline. And Challenger Exploration (ASX:CEL) confirms discovery of large-scale gold system.
27May
Ingenia Communities Group (ASX:INA) benefit from ease of restrictions
27 May 2020 - Ingenia Communities Group (ASX:INA) reports that they are continuing to benefit from recurring revenue streams from a stable rental base of 4,000 income producing sites, largely underpinned by Commonwealth Government pension payments and rent assistance.
27May
Neuren Pharmaceuticals (ASX:NEU) announces changes leadership team
27 May 2020 - Neuren Pharmaceuticals (ASX:NEU) today announced the appointment of Jon Pilcher and Patrick Davies as Chief Executive Officer and non-executive Chair respectively.
27May
The National Australia Bank (ASX:NAB) upsizes SPP to $1.25 billion
27 May 2020 - National Australia Bank (ASX:NAB) has increased the size of its share purchase by $750 million to $1.25 billion.
27May
Blackmores (ASX:BKL) looks to raise $117 million
27 May 2020 - Australian health supplements company Blackmores (ASX:BKL) is undertaking a fully underwritten $92 million institutional placement and non-underwritten Share Purchase Plan of up to $25 million to eligible shareholders.