ASX claws back, IT sector up 7% this week: Aus shares close 0.3% higher Friday, 1.8% up on week

ASX claws back, IT sector up 7% this week: Aus shares close 0.3% higher Friday, 1.8% up on week

23 Aug 2019 - Aussie market gains 1.8% on week as Info Tech sector rises 7%, Energy gains 5.5%. Sims Metal Management Limited (ASX:SGM) shares hit 4-week high on FY19 revenue rising. Mayne Pharma (ASX:MYX) shares hit 6-week high on gross profit up...
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Mixed earnings see morning dip in the market: ASX tracking 0.4% higher at noon

Mixed earnings see morning dip in the market: ASX tracking 0.4% higher at noon

23 Aug 2019 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.4% higher at noon. Shares in pharmaceutical company Mayne Pharma (ASX:MYX) shot up 10% this morning after reporting today showing a full-year net loss of $...
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Bravura Solutions see NPAT rise up 21%

Bravura Solutions see NPAT rise up 21%

23 Aug 2019 - Bravura Solutions (ASX:BVS) today announced its full-year results for the period ended 30 June 2019, showing group FY19 NPAT increased 21 per cent to $32.8 million from $27.0 million in FY18.
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Brickworks continues US expansion

Brickworks continues US expansion

23 Aug 2019 - Brick manufacturer Brickworks (ASX:BKW) is continuing its expansion into the US by purchasing of Iowa-based Sioux City Brick for $47 million.
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Mayne Pharma report net loss of $280m

Mayne Pharma report net loss of $280m

23 Aug 2019 - Pharmaceutical company Mayne Pharma (ASX:MYX) reported a full-year net loss of $280.8 million down 110 per cent on last year's $133.9 million loss impacted by intangible asset impairments.
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The Goodman Group report operating profit up 11.4%

The Goodman Group report operating profit up 11.4%

23 Aug 2019 - Property group the Goodman Group (ASX:GMG) today announced its results for the full year ended 30 June 2019 showing operating profit up 11.4 per cent on last year to $942 million.
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Catapult Group International (ASX:CAT) FY19 results & outlook

Catapult Group International (ASX:CAT) FY19 results & outlook

23 Aug 2019 - Catapult Group International Limited (ASX:CAT) Executive Chairman Dr Adir Shiffman discusses the company's FY19 results, growth drivers and outlook.
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Aus Tin Mining (ASX:ANW) Granville Project update

Aus Tin Mining (ASX:ANW) Granville Project update

23 Aug 2019 - Aus Tin Mining Limited (ASX:ANW) CEO, Peter Williams discusses the commissioning of a crusher at Granville, what’s planned for the rest of the year and the outlook for tin prices.
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Boral agrees to sell Midland Brick

Boral agrees to sell Midland Brick

23 Aug 2019 - Boral (ASX:BLD) has entered into an agreement with a Western Australian consortium to sell its Midland Brick business.
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Alumina see profit cut by 26%

Alumina see profit cut by 26%

23 Aug 2019 - Alumina (ASX:AWC) today reported a statutory net profit after tax of US$210.9 million for the half-year to 30 June 2019 that's 26 per cent down the results on the prior corresponding period of $286.4 million.
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Wesfarmers drop Lynas bid: ASX poised to open lower

Wesfarmers drop Lynas bid: ASX poised to open lower

23 Aug 2019 - Australian shares are poised to edge lower at the open following mixed leads from Wall Street. Tech stocks saw a slide offsetting a rally in financials. Investors are still anxiously awaiting signals from the Federal Reserve as to wh...
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Bingo Industries shares down as profit slumps: ASX closes 0.3% higher

Bingo Industries shares down as profit slumps: ASX closes 0.3% higher

22 Aug 2019 - The ASX closed 0.3% higher. A number of stocks lifted the market, the Vocus Group (ASX:VOC) is trading over 10% and Flight Centre has risen 10% after reporting earlier showing their NPAT landed within guidance. Meanwhile, Webjet (ASX...
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Lithium Power International (ASX:LPI) lithium brine & hard rock developer

Lithium Power International (ASX:LPI) lithium brine & hard rock developer

22 Aug 2019 - Lithium Power International (ASX:LPI) CEO & MD, Cristobal Garcia-Huidobro talks about progress with its Environmental Impact Assessment for its Maricunga lithium brine project in Northern Chile and its hard rock lithium projects in WA.
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Zip Co see customer boost: ASX 0.27% higher at noon

Zip Co see customer boost: ASX 0.27% higher at noon

22 Aug 2019 - The ASX shot up at the open, managed to maintain momentum and is now currently 0.2% higher at noon. The Flight Centre Travel Group (ASX:FLT) have seen a rise in their shares today after reporting their NPAT up 0.1 per cent within gui...
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Monash IVF Group set to lose 5 fertility specialists

Monash IVF Group set to lose 5 fertility specialists

22 Aug 2019 - Monash IVF Group (ASX:MVF) has been notified that five Victorian based fertility specialists who currently refer patients for IVF treatment will stop using services from Monash IVF from September 2019.
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The Flight Centre Travel Group see 0.1% rise in NPAT in a subdued cycle

The Flight Centre Travel Group see 0.1% rise in NPAT in a subdued cycle

22 Aug 2019 - The Flight Centre Travel Group (ASX:FLT) report net profit after tax attributable to owners of the company up 0.1 per cent to $263.8 million compared with $263.6 million in the previous financial year and say it's due to a subdued tr...
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Coles FY profit down 9.1% to $1.43 billion

Coles FY profit down 9.1% to $1.43 billion

22 Aug 2019 - Coles (ASX:COL) full-year net profit for the period dropped 9.1 per cent to $1.43 billion.
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Coca-cola Amatil declares special dividend

Coca-cola Amatil declares special dividend

22 Aug 2019 - Coca-cola Amatil (ASX:CCL) report statutory net profit after tax (NPAT) of $168.0 million for the half year, up 6.3 per cent on the prior corresponding period.
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Santos first half profit jumps 89%

Santos first half profit jumps 89%

22 Aug 2019 - Santos (ASX:STO) reports underlying profit of US$411 million that's up 89 per cent on last year's result of $217 million.
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Qantas profit falls 17% on fuel costs and foreign currency exchange

Qantas profit falls 17% on fuel costs and foreign currency exchange

22 Aug 2019 - Qantas (ASX:QAN) report underlying profit before tax at $1.30 billion for the year that's down 17 per cent on the prior corresponding period.
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Wall St and Europe gain overnight: ASX set to open higher

Wall St and Europe gain overnight: ASX set to open higher

22 Aug 2019 - The ASX is set to rise at the open, after positive leads from US markets overnight. Bonds dropped after the minutes from the latest meeting of Federal policymakers showed that they discussed cutting interest rates more aggressively. ...
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US futures suggest a rise, WTC biggest gain in yr, CMA all time high: ASX200 down 0.9%

US futures suggest a rise, WTC biggest gain in yr, CMA all time high: ASX200 down 0.9%

21 Aug 2019 - Aus shares claw back from some earlier losses. WiseTech (ASX:WTC) shares biggest gain in year on profit up 33%, revenue up 57%. Centuria Capital Group (ASX:CNI) shares 10 year-high, Centuria Metropolitan REIT (ASX:CMA) all-time high....
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Global bonds & US equites retreat, McMillan outperforms: Aus shares 0.9% lower at noon

Global bonds & US equites retreat, McMillan outperforms: Aus shares 0.9% lower at noon

21 Aug 2019 - Market volatility the new norm, US treasury yields falls, along with most global bonds, dragging down global equities. Gold stocks rally, SAR up 2.5%. BHP’s (ASX:BHP) result a modest miss but FY20 should be brighter, PT of $39.00. Cr...
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The Steadfast Group report NPAT up 19%

The Steadfast Group report NPAT up 19%

21 Aug 2019 - The Steadfast Group (ASX:SDF) report underlying NPAT of $89.2 million, up 19 per cent on the prior corresponding period.
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WorleyParsons profit up after takeover

WorleyParsons profit up after takeover

21 Aug 2019 - Services company WorleyParsons (ASX:WOR) today announced a net profit of $151.9 million for the 12 months through June, up from $62.2 million during the year prior.
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Renergen (ASX:RLT) OPIC loan agreement

Renergen (ASX:RLT) OPIC loan agreement

21 Aug 2019 - Renergen Limited (ASX:RLT) Q&A session with CEO Stefano Marani on the OPIC loan agreement, its significance and the future growth of helium.
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The a2 Milk Company report a whooping 47% rise in NPAT

The a2 Milk Company report a whooping 47% rise in NPAT

21 Aug 2019 - The a2 Milk Company (ASX:A2M) have reported a whopping net profit after tax of $287.7 million New Zealand – up 47 per cent on the prior corresponding period.
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Stockland post a 69.6% drop in NPAT

Stockland post a 69.6% drop in NPAT

21 Aug 2019 - Residential developer Stockland Corp (ASX:SGP) posted a net profit after tax attributable to security holders down 69.6 per cent to $311 million compared to last year's $1.03 billion.
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Wisetech Global profit up 33%

Wisetech Global profit up 33%

21 Aug 2019 - Wisetech Global (ASX:WTC) reported their results today for financial year 2019 with net profit attributable to equity holders up 33 per cent to $54.1 million from last year's $40.8 million.
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Domino’s Pizza Enterprises profit dips on local sales

Domino’s Pizza Enterprises profit dips on local sales

21 Aug 2019 - Domino’s Pizza Enterprises (ASX:DMP) net profit attributable to members is down 4.6 per cent to $115.9 million.
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‘Somebody had to take on China’, Trump: ASX set to open lower

‘Somebody had to take on China’, Trump: ASX set to open lower

21 Aug 2019 - Following losses from US markets, the Australian share market looks set to open lower this morning. US President Donald Trump says he’s not ready to make a deal with China on trade. Over in Europe, Italian bonds climb as Prime Minist...
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Sequoia Financial Group (ASX:SEQ) FY19 financial results

Sequoia Financial Group (ASX:SEQ) FY19 financial results

20 Aug 2019 - Sequoia Financial Group Limited (ASX:SEQ) Group CEO Garry Crole discusses the company's FY19 financial and operational results, including a drop in debt, a rise in cash, and growth in client and adviser numbers.
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Sonic Healthcare results in line with guidance, profit up 16%

Sonic Healthcare results in line with guidance, profit up 16%

20 Aug 2019 - Sonic Healthcare (ASX:SHL) reported results in line with its guidance, with statutory net profit for the year to 30 June 2019 up 16 per cent to $550 million.
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Monadelphous profit slides on depreciation, wins Albemarle contract

Monadelphous profit slides on depreciation, wins Albemarle contract

20 Aug 2019 - Engineering company Monadelphous Group (ASX:MND) has seen its attributable profit slide to $50.6 million, down from FY18’s $71.4 million.
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CIMIC Group’s CPB Contractors wins $379m Nepean Hospital project

CIMIC Group’s CPB Contractors wins $379m Nepean Hospital project

20 Aug 2019 - CIMIC Group’s (ASX:CIM) CPB Contractors have won a NSW Government contract worth almost $400 million.
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Tassal record profit, earning growth & launch of prawn strategy & cap raise

Tassal record profit, earning growth & launch of prawn strategy & cap raise

20 Aug 2019 - Tassal Group Limited (ASX:TGR) has reported a record yet, modest 2 per cent lift in its statutory profit, to $58.44 million in the year to 30 June 2019 underpinned by strong growth in salmon biomass and sales.
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Estia Health profit, revenue & earnings lift despite challenges

Estia Health profit, revenue & earnings lift despite challenges

20 Aug 2019 - Estia Health Limited (ASX:EHE) reported NPAT of $41.3 million, a 0.3 per cent lift in FY18, despite ‘one of the most challenging periods for the aged care sector’.
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BHP profit up 124%, revenue steady, record dividends

BHP profit up 124%, revenue steady, record dividends

20 Aug 2019 - BHP (ASX:BHP) reported results for the year ended 30 June 2019, with a 124 per cent in profit to US$8.31 billion. BHP declared a record final dividend of US78 cents per share (fully franked), or US$3.9 billion, on top of US$17 billio...
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Eyes on RBA minutes today, Altium’s results a record: Aus shares to extend yesterday’s gain at open

Eyes on RBA minutes today, Altium’s results a record: Aus shares to extend yesterday’s gain at open

20 Aug 2019 - Wall Street continues its bounce back and bonds around the globe rise, quashing recession fears. US-Huawei business extended for 90 days. RBA to release minutes from 6 Aug mtg. One of the WAAAX stocks reported, Altium (ASX:ALU) with ...
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SmartGroup's shares soar after 1H result: ASX closes 0.9% higher

SmartGroup's shares soar after 1H result: ASX closes 0.9% higher

19 Aug 2019 - It has been a positive day of trade for the ASX. After a rise at the open the local bourse managed to maintain momentum to gain 0.9%. Employment management company Smartgroup’s (ASX:SIQ) shares sky rocketed to almost 20%. Building su...
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BlueScope shares drop on US expansion news: ASX tracking 0.8% higher at noon

BlueScope shares drop on US expansion news: ASX tracking 0.8% higher at noon

19 Aug 2019 - The ASX shot up at the open following on from positive leads from Wall St and is now tracking 0.8% higher at noon. Construction firm Lendlease (ASX:LLC) saw their shares to rise almost 10% despite reporting a 41% drop in annual profi...
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Ridley Corporation appoint new CEO and MD

Ridley Corporation appoint new CEO and MD

19 Aug 2019 - Animal nutrition solutions Ridley Corporation (ASX:RIC) has appointed Quinton Hildebrand as its new Chief Executive Officer and Managing Director (CEO).
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MACA gains two new civil contracts

MACA gains two new civil contracts

19 Aug 2019 - Services contractor MACA (ASX:MLD) is pleased to announce the award of a Construct Only contract with Main Roads Western Australia for Stage 3 of the Karratha / Tom Price Road.
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Lendlease profit slides 41%

Lendlease profit slides 41%

19 Aug 2019 - Construction firm Lendlease Group (ASX:LLC) report a 41 per cent drop in annual profit after tax from $793 million last year to this year's $467 million for the year ended June 30.
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Beach Energy see NPAT at a record high

Beach Energy see NPAT at a record high

19 Aug 2019 - Beach Energy (ASX:BPT) released its FY19 Full Year results today showing their underlying NPAT was up 86 per cent to a company-record $560 million.
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Reliance awards Worley a PMC services contract

Reliance awards Worley a PMC services contract

19 Aug 2019 - INTECSEA Inc, a wholly owned subsidiary of Worley Parsons (ASX:WOR), has been awarded a project management consultancy contract by Reliance Industries for the MJ Field deep-water gas and condensate project.
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BlueScope Steel delivers $1b NPAT

BlueScope Steel delivers $1b NPAT

19 Aug 2019 - BlueScope (ASX:BSL) reported a FY2019 net profit after tax (NPAT) of $1 billion, and an underlying NPAT of $966.3 million, that's up 17 per cent on FY2018.
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A positive start to the week for Asian markets: ASX set to open higher

A positive start to the week for Asian markets: ASX set to open higher

19 Aug 2019 - Following positive leads from US markets, the Australian share market looks set to open higher this morning. US stocks saw a rebound on Friday despite a rollercoaster week. Investors were bolstered by talk of a German economic stimul...
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