Craig Foley, Author at Sequoia Direct Pty Ltd

08OctOctober 8, 2019

Business conditions show weakness despite tax cuts: ASX tracking 0.6% higher at noon

08 Oct 2019 - The ASX shot up at the open despite poor leads from Wall Street. The market is now tracking 0.6% higher at noon. Shares in Clinuvel Pharmaceuticals (ASX:CUV) rose today after they reported yesterday that its CEO will stay for three more years. The Jumbo Interactive (ASX:JIN) share price has taken a dip today after almost quadrupling over the year. OceanaGold Corporation (ASX:OGC) granted approval for land near the Waihi Gold Mine.

08OctOctober 8, 2019

ANZ (ASX:ANZ) flags $559 million blow to profits

08 Oct 2019 - ANZ (ASX:ANZ) will take a $559 million hit to its second half 2019 Cash Profit as a result of increased provisions for customer related remediation.

08OctOctober 8, 2019

SeaLink (ASX:SLK) to acquire Transit Systems for $635m

08 Oct 2019 - SeaLink Travel Group (ASX:SLK) is set to purchase Transit Systems for $635 million in a move to turn the company into one of Australia’s leading multi-modal transport providers.

08OctOctober 8, 2019

Santos reports (ASX:STO) strong Caley reservoir flow

08 Oct 2019 - Oil and gas giant Santos (ASX:STO) has announced that the initial flow test of the Caley reservoir in Western Australia has confirmed the main oil pool in the field is capable of producing flow rates at the higher end of pre-drill expectations.

08OctOctober 8, 2019

City Chic’s (ASX:CCX) acquisition of US e-commerce business receives green light

08 Oct 2019 - City Chic’s (ASX:CCX) US$16.5m acquisition of the e-commerce assets of American clothing chain Avenue has been given the green light from the US Bankruptcy Court.

08OctOctober 8, 2019

Mercury’s (ASX:MCY) CEO to join Fonterra executive team in 2020

08 Oct 2019 - Mercury’s (ASX:MCY) Chief Executive, Fraser Whineray, has announced that he will leave the company in 2020 after more than 11 years’ service, including the last five years as Chief Executive.

08OctOctober 8, 2019

Synlait (ASX:SM1) CFO to step down next year

08 Oct 2019 - Synlait (ASX:SM1) has today announced that CFO Nigel Greenwood will step down next year. Nigel has been Synlait’s CFO since April 2010.

08OctOctober 8, 2019

Wall St closes lower, Europe higher on Brexit hopes: Aus share to open higher

08 Oct 2019 - The local sharemarket is poised to open higher, despite stocks closing lower on Wall Street on Monday. New Zealand retirement village operator, Summerset (ASX:SNZ) has announced 165 sales for the quarter ending 30 September 2019, 77 of these were new sales while 88 were resales.

07OctOctober 7, 2019

Mineral Commodities (ASX:MRC) completes Skaland Graphite acquisition: Aus shares close 0.7% higher

07 Oct 2019 - Aussie investors are collectively breathing a sigh of relief today as the S&P/ASX200 closes 0.7% higher, every sector managing to snap some gains. Exploration and mining company, Mineral Commodities (ASX:MRC) has announced the successful completion of the acquisition of Skaland Graphite.

07OctOctober 7, 2019

MedAdvisor (ASX:MDR) raises $17 million: Aus shares 0.3% higher at noon

07 Oct 2019 - The Australian share market opened slightly higher this morning following positive leads from US markets on Friday and is tracking 0.3% higher at noon. MedAdvisor (ASX:MDR) has raised $17 million at an issue price of 5 cents.

Author - Craig Foley

Business conditions show weakness despite tax cuts: ASX tracking 0.6% higher at noon

ANZ (ASX:ANZ) flags $559 million blow to profits

SeaLink (ASX:SLK) to acquire Transit Systems for $635m

Santos reports (ASX:STO) strong Caley reservoir flow

City Chic’s (ASX:CCX) acquisition of US e-commerce business receives green light

Mercury’s (ASX:MCY) CEO to join Fonterra executive team in 2020

Synlait (ASX:SM1) CFO to step down next year

Wall St closes lower, Europe higher on Brexit hopes: Aus share to open higher

Mineral Commodities (ASX:MRC) completes Skaland Graphite acquisition: Aus shares close 0.7% higher

MedAdvisor (ASX:MDR) raises $17 million: Aus shares 0.3% higher at noon

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