Author - Craig Foley

Global climate strike kicks off: Aus shares to open higher

20 Sep 2019 - The Australian share market looks set to open higher following strong leads from the US. Overnight the OECD released an interim economic outlook report projecting the weakest annual growth rates since the financial crisis. Cedar Woods Properties (ASX:CWP) has penned a conditional agreement to acquire a 12.4 ha property in WA for $21.2 million.

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Jobless rate rises on last month: ASX tracking 0.8% higher at noon

19 Sep 2019 - The ASX rose at the open and managed to maintain momentum - it's now tracking 0.8% higher at noon. The Australian dollar dipped on the news the jobless rate has increased on last month. Shares in Brickworks (ASX:BKW) are on the rise after they reported a record underlying NPAT from continuing operations of $234 million, up 4% on the prior year. The Board of Credit Corp Group (ASX:CCP) has appointed two new Non-Executive Directors, Trudy...

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AVITA Medical study shows RECELL helps acne scars

19 Sep 2019 - Regenerative medicine company AVITA Medical (ASX:AVH) has had a study into treating acne scars published in Aesthetic Plastic Surgery by the Department of Plastic Surgery at Peking Union Medical College Hospital exploring the use of the RECELL.

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Washington H. Soul Pattinson and Company report fall in NPAT

19 Sep 2019 - Diversified investment house, Washington H. Soul Pattinson and Company (ASX:SOL) today announced the Group’s results for the full year ended 31 July 2019, reporting a net profit after tax (NPAT) of $247.9 million for the year, down 7.1 per cent on the previous corresponding period.

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Air New Zealand targeting earnings of $350m-$450m

19 Sep 2019 - Air New Zealand (ASX:AIZ) released their investor update for August saying that based upon current market conditions and assuming an average jet fuel price of US$75 per barrel, the airline is targeting earnings before taxation to be in the range of $350 million to $450 million.

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Recce Pharmaceuticals (ASX:RCE) scales production

19 Sep 2019 - Recce Pharmaceuticals Limited (ASX:RCE) Executive Director, James Graham provides an update on the company's lead product RECCE 327, including its progress with manufacturing, securing patents and presenting to a global audience.

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Trump on Fed: ‘No guts’ after small interest rate cut: ASX set to open slightly higher

19 Sep 2019 - Following weak leads from US markets, the ASX looks set to open slightly higher this morning. The Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year. Traders were left disappointed after the Fed failed to signal it will cut rates again this year. President Donald Trump says the Fed and its chairman, Jerome Powell, have “no ‘guts,’ no sense, no vision!” ELMO Software (ASX:ELO) is to...

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