Author - Craig Foley

SEEK (ASX:SEK) slashes its dividend

25 Feb 2020 - Employment company SEEK (ASX:SEK) announced its results for the 6 months ended 31 December 2019 showing NPAT of $75.6 million, a decline of 24 per cent from the prior corresponding period of $99 million.

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Dow plunges as coronavirus fears grow: ASX poised to open lower

25 Feb 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. The Dow plunged as coronavirus fears grow. More cases emerged outside of China sending global stocks down. European stocks dropped and in Hong Kong the Hang Seng index fell almost 2%. Jumbo Interactive (ASX:JIN) has entered into a new SaaS 5 year licence agreement with MS Queensland.

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Pental (ASX:PTL) NPAT reaches $1.48M: Aus shares close 2.3% lower

24 Feb 2020 - The Australian market dropped 2.3% today fuelled by renewed fears of the coronavirus spread. All sectors ended the day in negative territory with travel and entertainment stocks taking a hard hit. The negative sentiment generated by the coronavirus has also pushed the Australian dollar to its lowest point in over a decade. Household goods manufacturer Pental (ASX:PTL) has reported a 2.6 per cent increase in net profit after tax to $1.48 million for the half...

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Worley doubles dividend: Aus shares 2.1% lower at noon

24 Feb 2020 - The Australian share market lost ground at the open following cautious leads from the US. It floated lower throughout the first half of the session and is tracking 2.1 per cent lower at noon. Every sector is down, with Consumer Discretionary, Energy and Information Technology losing over 3 per cent this morning. Worley (ASX:WOR) has doubled its interim dividend following strong results for the half year.

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