Yearly Archives - 2020

China pledges support to markets over coronavirus: ASX poised to open lower

03 Feb 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. China’s work and travel restrictions to contain coronavirus are deferring the defer the payout investors had expected after the US-China trade deal. Bond yields hit old lows. Fluence Corporation (ASX:FLC) reports FY2020 guidance for Smart Products Solutions revenue of at least US $32.0 million, up 20 per cent year on year.

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Clean Seas Seafood (ASX:CSS) sales soar: Aus shares close 0.1% higher

31 Jan 2020 - The ASX200 rose at the open, peaked just after midday but lost ground over the afternoon still managing to scrape in 0.1 per cent higher. Clean Seas Seafood (ASX:CSS) has achieved positive cash flow from operations of $3.2 million – that’s an increase of $1.1 million versus the first half of the 2019 financial year.

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Janison Education (ASX:JAN) brings PBTS test platform to Portugal: Aus shares 0.5% higher at noon

31 Jan 2020 - It’s been a positive start to the day for the Australian share market. After opening higher, the market made ground over the morning and is now tracking 0.5 per cent higher at noon. Link Administration Holdings (ASX:LNK) has been a star performer this morning after its announcement that it has entered into a binding agreement to acquire Pepper European Servicing for an upfront consideration of $266 million.

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WHO shift sentiment on coronavirus: ASX poised to open higher

31 Jan 2020 - Following positive leads from US markets, the ASX looks set to open higher this morning. The shift comes as the WHO says that it sees no reason for measures regarding the coronavirus that unnecessarily interfere with international travel and trade. Perpetual (ASX:PPT) today announced its intention to acquire Trillium Asset Management a Boston-based specialist ESG investment firm with FUM of $5.5b.

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