20 Apr 2020 - Caltex Australia (ASX:CTX) and Alimentation Couche-Tard Inc. have decided to not proceed with the acquisition proposal due to the high level of economic uncertainty caused by the COVID-19 pandemic.
20 Apr 2020 - Following a rally from US markets, the ASX looks set to open steady this morning. The International Monetary Fund says the global economy is expected to shrink by 3% this year, before growing by 5.8% next year. It’s reported the Global economy may not fully recover from the coronavirus crisis by 2021. Fonterra Co-operative Group (ASX:FSF) say Chinese bidders are returning to GlobalDairyTrade auction.
17 Apr 2020 - It has been a strong finish to the week for the Australian share market, closing 1.3 % higher today. Every sector made gains except Consumer Staples. Industrials led the day rising over 4 per cent. China released economic data which showed that its gross domestic product fell 6.8 per cent for the first quarter of 2020. Gaming major Crown Resorts (ASX:CWN) has been the recent subject of market speculation. Citi rates the stock as a...
17 Apr 2020 - The Australian share market opened higher following mixed leads from Wall Street and is now tracking 2.4% higher at noon. The board and senior leadership team of Scentre Group (ASX:SCG) have agreed to take a 20% pay cut in light of COVID 19.
17 Apr 2020 - Coca-Cola Amatil (ASX:CCL) has released a trading update on the group’s performance for the first quarter of 2020.
17 Apr 2020 - Vista Group International (ASX:VGL) has successfully completed both its NZ$25 million placement and the institutional entitlement offer component of its 1 for 4.37 pro-rata accelerated entitlement offer.
17 Apr 2020 - Bapcor (ASX:BAP) has successfully completed its $180 million institutional placement. Under the placement the company will issue around 40.9 million new fully paid ordinary shares to institutional investors at a price of $4.40 per share.
17 Apr 2020 - Telstra (ASX:TLS) has announced a €500 million bond. The notes are expected to be issued on 23 April 2020 and will have a 10-year maturity.
17 Apr 2020 - The Australian share market is expected to open higher this morning despite a seesaw session on Wall Street overnight and the released of fresh record unemployment data in the US. Ord Minnett has upgraded construction materials and lime produce Adelaide Brighton (ASX:ABC) from a hold to an accumulate, with a 12-month price target of $3.00.
dd Mmm 2020 - The Australian share market dropped at the open and continued to fall closing 0.9 per cent down at the end of trade. Wesfarmers (ASX:WES) Kmart has closed its stores in Queensland, NSW and Victoria as a result of the COVID-19 pandemic.
