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...
Finance News Network
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 $...
Finance News Network
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.
Finance News Network
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.
Finance News Network
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.
Finance News Network
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.
Finance News Network
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.
Finance News Network
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.
Finance News Network
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.
Finance News Network
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.
Finance News Network
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...
Finance News Network
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...
Finance News Network