Kogan.com (ASX:KGN) see profit up, revenue down
18 Feb 2020 - Retail business Kogan.com (ASX:KGN) today announced its half year results showing gross sales of $322.9 million, up 16.4 per cent on prior year of $277.3 million.
18 Feb 2020 - Retail business Kogan.com (ASX:KGN) today announced its half year results showing gross sales of $322.9 million, up 16.4 per cent on prior year of $277.3 million.
18 Feb 2020 - Hearing implant manufacturer Cochlear's (ASX:COH) reported net profit increased by 23 per cent to $157.7 million and includes $25.0 million in non-cash after-tax gains from the revaluation of innovation fund investments.
18 Feb 2020 - BHP (ASX:BHP) has reported a 29 per cent increase in half-year profit to $US4.9 billion, that’s $7.30 billion AUD.
18 Feb 2020 - Wall Street was closed yesterday due to President’s Day. The ASX looks set to open flat this morning. European stocks closed higher as China’s central bank announced fresh policy to shield its economy from Coronavirus. Meanwhile, Apple reports they will not meet their quarterly revenue forecast as a result of the virus outbreak. Rio Tinto’s (ASX:RIO) iron ore operations in the Pilbara are progressively resuming following the passing of Tropical Cyclone Damien.
18 Feb 2020 - Scentre Group (ASX:SCG) will say goodbye to Aliza Knox after she notified the board she will not stand for re-election at the Group's AGM.
18 Feb 2020 - AP Eagers (ASX:APE) reported yesterday that as a partner of General Motors General Motors they are sad the company has decided to wind down Holden vehicle sales in Australia and New Zealand by 2021.
17 Feb 2020 - A bullish run in the back half of the session has boosted the market. However, it wasn’t enough to counteract this morning’s losses. The market closed 0.1% lower today. A subsidiary of GR Engineering Services (ASX:GNG) has secured an agreement with the Department of Industry, Science, Energy and Resources of the Australian Government.
17 Feb 2020 - The Australian share market saw a short-lived spike at the open but has floated lower over the morning trade and is now tracking 0.4% lower after the first two hours of trade.Credit Suisse has upgraded Beach Energy (ASX:BPT) from a neutral to an outperform, with a 12 month price target of $2.49.
17 Feb 2020 - Regis Resources (ASX:RRL) has reported net profit is up 17 per cent to $93.4 million compared to the same corresponding period where it stood at $79.9 million.
17 Feb 2020 - Bendigo & Adelaide Bank (ASX:BEN) is looking to raise $300 million to support growth in its residential mortgage business, also to strengthen its balance sheet.