Perenti (ASX:PRN) sees no impact on financials from COVID-19 so far
24 Mar 2020 - Perenti (ASX:PRN) reports that to date COVID-19 has had no impact on Perenti’s financial performance.
24Mar
24Mar
UK in ‘lockdown’ due to national emergency: ASX poised to open higher
24 Mar 2020 - The ASX looks set to open higher despite Wall Street's slide deepening yesterday as coronavirus forced more US states into lockdown. Over in the UK Prime Minister Boris Johnson has just announced a ban in the UK on people leaving their homes except for food, medical treatment, daily exercise or travel to 'essential' work. Michael Hill International (ASX:MHJ) has closed its stores indefinitely.
23Mar
Market shows signs of recovery after fresh 8-year lows: Aus shares close 5.6% lower
23 Mar 2020 - An aggressive sell-off on the Australian market this morning forced the market to fresh 8-year lows today as investors feared the impact of extensive business shutdowns. The market showed signs of recovery over the afternoon but still closed 5.6% lower. Credit Suisse has more than halved its 2-month price target for Air New Zealand (ASX:AIZ) from NZ$2.00 to NZ$0.95.
23Mar
PMs shut down mandate rocks market: Aus shares 8.2% lower at noon
23 Mar 2020 - The Australian market has tumbled 8.2 per cent over the morning as investors come to terms with Prime Minister Scott Morrison’s announcement that from midday today, tough new ‘stage one’ restrictions are in place. The sinking oil price is having widespread impacts on the market so much so that Freedom Oil and Gas (ASX:FDM) has entered voluntary administration.
23Mar
Fortescue Metals Group (ASX:FMG) work with WA government on border controls
23 Mar 2020 - Fortescue Metals Group (ASX:FMG) says the Western Australian state government has advised that there will be exemptions for the strict border controls due to come in tomorrow.
23Mar
Flight Centre (ASX:FLT) cancels $40.1 million dividend payment
23 Mar 2020 - Flight Centre (ASX:FLT) announced today that to lower costs from the coronavirus impact - their senior leadership team will take a 50 per cent salary cut.
23Mar
Select Harvests (ASX:SHV) says almond harvest to continue
23 Mar 2020 - Paul Thompson, Managing Director of almond business Select Harvests (ASX:SHV), has confirmed all Select Harvests’ facilities and almond harvest will continue to operate.
23Mar
Charter Hall Long WALE REIT (ASX:CLW) reaffirms earnings guidance
23 Mar 2020 - Charter Hall Long WALE REIT (ASX:CLW) reaffirmed its operating earnings per share guidance of 28.3 cents for the current financial year.
23Mar
Restaurants, gyms and pubs to close under drastic new measures: ASX poised to open lower
23 Mar 2020 - The ASX recorded one of its worst month’s in history - it’s now set to open lower as the coronavirus continues to strike fear in investors. Last night Prime Minister Scott Morrison announced tough new 'stage one' restrictions, ordering pubs and licensed premises close for six months. AP Eagers (ASX:APE) have decided to reduce the amount of the fully franked final dividend from 22.5 cents per share to 11.25 cents per share.
20Mar
Market Wrap: Aus shares close 0.7% higher
20 Mar 2020 - The Australian share market was in positive territory for the day closing 0.7 per cent higher. Budget will not be handed down until October 6. Big banks announce major COVID-19 support packages.