Regional Express (ASX:REX) obtain Commonwealth funding
21 Apr 2020 - Regional Express (ASX:REX) has today signed a Commonwealth Grant Agreement under the COVID-19 Regional Airline Network Support (RANS) program.
21Apr
21Apr
Virgin Australia (ASX:VAH) enters voluntary administration
21 Apr 2020 - Virgin Australia (ASX:VAH) has entered voluntary administration but will continue to operate its scheduled international and domestic flights to help essential workers and Australians returning home.
21Apr
Oil Search (ASX:OSH) see an increase in production, a fall in revenue
21 Apr 2020 - Oil Search (ASX:OSH) saw production increase 5 per cent, for the quarter period ending 31 March.
21Apr
US oil price plunges into negative territory: ASX poised to open lower
21 Apr 2020 - The ASX looks set to open lower this morning. As demand for oil collapses during the coronavirus pandemic, oil has traded in negative prices for the first time in United States history. Back home Virgin Australia is expected to go into voluntary administration. Tower insurance (ASX:TWR) estimates the financial impact of cyclone Harold that passed through the Pacific Islands earlier this month is NZ$10 million.
20Apr
Energy sector drags on market: ASX closed 2.5% lower
20 Apr 2020 - The ASX has recorded its worst session in three weeks today closing 2.5% lower. Shares in Nine Entertainment (ASX:NEC) did well today as did Domain Holdings (ASX:DHG). Shares in the Southern Cross Media Group (ASX:SXL) and New Hope Corp (ASX:NHC) both saw declines. Kogan.com (ASX:KGN) report that March saw record growth of the Kogan.com Community with the largest monthly increase in Active Customers since their IPO.
20Apr
24% of Australians are working less hours due to COVID-19: ASX tracking 1.3% lower at noon
20 Apr 2020 - The ASX dropped at the open and has continued to fall throughout mid morning trade. It is now tracking almost 1.3% lower at noon. Shares in Caltex Australia (ASX:CTX) dropped after and Alimentation Couche-Tard Inc. decided to not proceed with the acquisition proposal. Beach Energy (ASX:BPT) and its Joint Venture Partner Otway have issued Ocean Onyx rig operator Diamond Offshore Drilling Inc. with a notice of termination for the Ocean Onyx rig contract.
20Apr
Metcash (ASX:MTS) set to raise $330 million
20 Apr 2020 - Metcash (ASX:MTS) today announced the launch of an Equity Raising of up to $330 million through which Metcash is seeking to strengthen its balance sheet and enhance liquidity.
20Apr
Megaport (ASX:MP1) see a 10 per cent rise in quarter revenue
20 Apr 2020 - Megaport (ASX:MP1) has reported revenue in the March quarter of $15.2 million, up 10 per cent on the previous 3 months.
20Apr
Cashwerkz (ASX:CWZ) new CEO talks strategy and priorities
21 Apr 2020 - Cashwerkz (ASX:CWZ) newly appointed CEO, Jon Lechte talks about what attracted him to the role, and plans to drive growth for cash and fixed income products in a more uncertain economic environment.
20Apr
Orocobre (ASX:ORE) complete acquisition of Advantage Lithium
04 Apr 2020 - Orocobre (ASX:ORE) has acquired 100 per cent of the issued and outstanding shares of Advantage Lithium Corp.