Cochlear (ASX:COH) posts a $238 million loss
18 Aug 2020 - Cochlear (ASX:COH) had a strong start to FY20 with cochlear implant units growing 13 per cent in the first half but report a net loss of $238.3 million.
18Aug
18Aug
Evolution Mining (ASX:EVN) resumes operations: Aus shares 0.1% higher at noon
18 Aug 2020 - The Australian share market opened higher this morning and is now trading 0.1 per cent up at noon. Operations at Evolution Mining’s (ASX:EVN) Red Lake gold mine in Canada has resumed following the evacuation of the region due to a forest fire.
18Aug
Aussie dollar rises over 72 US cents: ASX set to open higher
18 Aug 2020 - The ASX looks set to open higher this morning as US stocks rose mostly on technology as big banks sold off. The Democratic National Convention starts to run this week in the US ahead of the presidential election set for November – this is expected to raise caution on Wall Street. The AUD was up 0.49% to 72.06 US cents. Fisher & Paykel Healthcare (ASX:FPH) report that for the first four months of the financial...
17Aug
JB Hi-Fi lifts retailers as banks slide: Aus shares close 0.8% lower
17 Aug 2020 - The Australian sharemarket finished the day largely in the red despite gains for retail stocks such as JB Hi-Fi and Harvey Norman. JB Hi-Fi ended the session up over 5 per cent after announcing a 21 per cent jump in profit and an almost 80 per cent increase to its final dividend.
17Aug
JB Hi-Fi riding high on results: Aus shares 0.5 % lower at noon
17 Aug 2020 - The ASX has opened firmly lower with broad based losses across the majority of sectors, but materials and healthcare have managed to edge into the green. Financials and communications services are leading the declines. NAB is down by 2.5 per cent while CBA is down over 1 per cent. JB Hi-Fi jumped in early trade to reach a new record of $51.33 following stellar results and is now trading around $49.78 cents.
17Aug
Beach Energy (ASX:BPT) maintains dividend despite oil price volatility
17 Aug 2020 - Beach Energy’s (ASX:BPT) net profit has declined from $577 million last financial year to $501 million this year.
17Aug
Bendigo and Adelaide Bank’s (ASX:BEN) net profit drops 49%
17 Aug 2020 - Bendigo and Adelaide Bank (ASX:BEN) reported a 49 per cent drop in financial year 2020 statutory profit to $192.8 million. Earnings per share fell 50.6 per cent to 38.1 cents.
17Aug
Covid-19 construction slowdown hits GWA Group’s (ASX:GWA) results
17 Aug 2020 - Bathroom fixtures and fitting supplier GWA (ASX:GWA) Group says its profit for the 2020 financial year fell 12 per cent to $44.9 million.
17Aug
Lendlease (ASX:LLC) posts full year loss
17 Aug 2020 - Lend Lease (ASX:LLC) has posted a statutory loss of $310 million, from a profit of $467 million a year ago.
17Aug
Elixinol Global (ASX:EXL) key messages from 2020 AGM
17 Aug 2020 - Elixinol Global (ASX:EXL) CEO & Executive Director, Oliver Horn talks about measures to reposition the business, initiatives in E-commerce and distribution, its decision to retain Hemp Foods Australia and outlook for Hemp and CBD based nutraceuticals.