03 Feb 2020 - The Australian share market dove at the open on investor concerns over the economic impact of the coronavirus outbreak. According to Bloomberg, the country which was ground zero for the outbreak has seen oil demand drop by around 20% due to the virus. IOOF Holdings (ASX:IFL) has completed its acquisition of the Australia & New Zealand Banking Group pensions and investments business.
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.
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.
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.
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.
30 Jan 2020 - It has been a mostly negative day of trade for the ASX closing 0.3% lower. Webjet (ASX:WEB) shares continue to slide after they issued a statement yesterday to "clarify inaccuracies" from an analyst report as to how Webjet acquires traffic and the impact of Google Flights on that traffic acquisition. Saracen Mineral Holdings (ASX:SAR) has sold its 10.5% interest in Red 5 (ASX:RED) for approximately $39 million.
30 Jan 2020 - The ASX dipped at the open, managed a rise around mid-morning trading but is now tracking 0.2% lower at noon. Nearmap (ASX:NEA) shares dropped over 20% after they downgraded their ACV guidance. Suncorp (ASX:SUN) says natural hazard costs for 1H20 are confirmed at $519 million.
30 Jan 2020 - Following soft leads from US markets, the ASX looks set to open flat this morning. Over in the US, Facebook shares fell as much as 7% yesterday after the company reported rising costs and expenses in its fourth-quarter earnings. PainChek (ASX:PCK), an app for pain management, now has two granted patents, a US patent and a Japanese patent.
29 Jan 2020 - It has been a positive day of trade for the ASX the local bourse managed to close 0.5% higher. oOh!media (ASX:OML) shares dropped today after announcing Managing Director & CEO Brendon Cook will step down this year. American investment firm Starwood Capital Group is set to make a $485 million all-cash offer for Australian Unity Office Fund (ASX:AOF).
29 Jan 2020 - The ASX rose at the open and managed to maintain momentum and is now tracking 0.4% higher at noon. Treasury Wine Estates (ASX:TWE) shares have shot down over 20% after reducing their guidance for the 2019-20FY. Webjet (ASX:WEB) has issued a statement to "clarify inaccuracies" from an analyst report as to how Webjet acquires traffic and the impact of Google Flights on that traffic acquisition.
