Author - Craig Foley

BlueScope Steel sued for allegedly attempting to fix prices

30 Aug 2019 - BlueScope Steel (ASX:BSL) informed the ASX today that the Australian Competition and Consumer Commission (ACCC) has started civil proceedings against them and their former employee Jason Ellis alleging contraventions of the Australian competition law cartel provisions.

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Link Admin shares on the up after pleasing NPAT: ASX closes 0.1% higher

29 Aug 2019 - The ASX fell throughout the day managing to gain momentum before the close to close at 0.1% higher. Financial company Link Administration Holdings (ASX:LNK) shot up over 10% today after reporting their NPAT was up 123% for the year. System solutions providers Objective Corp (ASX:OCL) has been awarded a $38 million contract with City of Gold Coast to continue their digital transformation.

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US/China trade talks to resume: ASX set to open higher

30 Aug 2019 - Optimism resumed on the markets as President Donald Trump announced that the US and China are scheduled to have a conversation about trade today. The Dow surged more that 300 points. The ASX looks set to open higher this morning. Lithium miner Galaxy Resources (ASX:GXY) reported a huge half-year loss due to its flagship Mt Cattlin project.

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Appen shares hit despite revenue boost: ASX tracking 0.2% lower at noon

29 Aug 2019 - After a small rise at the open the ASX took a dip and continues to fall tracking 0.2% lower at noon. Shares in Woolworths (ASX:WOW) dragged on the market despite showing an increased net profit after tax by 7.2% to $1.75b. Appen (ASX:APX) shares also took a dip – they reported today showing revenue is up 60%. BidEnergy (ASX:BID) has signed a three-year agreement with Origin Energy (ASX:ORG) to deploy its world-leading Robotic Process Automation...

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