RBA signals another cut: Aus shares lacks direction, steady at noon
16 Jul 2019 - Aus shares break out of two-day trend but now track steady at noon, 4pts lower. Material sector 17% higher on-year with iron ore price 2-week & 5-yr high. YTD Fortescue (ASX:FMG) 117% up, Rio Tinto (ASX:RIO) up 33%, BHP (ASX:BHP) up ...
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All four banks weigh on the market: The ASX closed 0.7% lower
12 Dec 2019 - The ASX took a dip at the open and failed to gain momentum throughout the day, closing 0.7% lower. Westpac (ASX:WBC) shares dropped today after its annual general meeting, the other three banks also took a hit weighing on the market....
Redbubble (ASX:RBL) share price crashes: ASX tracking 0.6% lower
12 Dec 2019 - The ASX took a dip at the open and continued to fall throughout the morning. They are now tracking 0.6% lower at noon. Webjet (ASX:WEB) shares have dropped and Redbubble (ASX:RBL) shares took a huge fall today after the company revis...
Westpac (ASX:WBC) ‘truly sorry’ over issues raised by AUSTRAC
12 Dec 2019 - Embattled bank Westpac (ASX:WBC) has kicked of its AGM in Sydney this morning with Chairman Lindsay Maxsted saying the board is deeply distressed in the wake of civil proceedings brought against the bank by AUSTRAC.
Downer (ASX:DOW) wins $520m Logan City Council contract
12 Dec 2019 - Downer EDI (ASX:DOW) has won a five-year contract, valued at approximately $520 million, to plan, design and deliver water and wastewater infrastructure for Logan City Council (LCC).
Atls Arteria (ASX:ALX) sucessfully completes $1.35b raising
12 Dec 2019 - Toll road operator, Atlas Arteria (ASX:ALX) has successfully completed its A$1.35 billion equity raising including the fully underwritten 4 for 21 pro-rata accelerated non-renounceable entitlement offer.
Charter Hall (ASX:CHC) launches $350m equity raising to fund property acquisitions
12 Dec 2019 - Charter Hall (ASX:CHC) will launch an equity raising of about $350 million to fund a number of property acquisitions worth $619 million.
Fed signals no rate hikes in 2020: Aus shares to open lower
12 Dec 2019 - The local share market looks set to open lower this morning despite stocks closing slightly higher on Wall Street yesterday after the Federal Reserve signalled it is not likely to increase rates in 2020.
SEEK (ASX:SEK) successfully prices A$150m floating rate subordinated note Issuance
12 Dec 2019 - Employment platform SEEK (ASX:SEK) will issue A$150 mIllion of Floating Rate Subordinated Notes with a quarterly coupon of 3 month BBSW + 3.70 per cent.