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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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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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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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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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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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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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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Sequoia Financial Group (ASX:SEQ) acquisition & strategy

Sequoia Financial Group (ASX:SEQ) acquisition & strategy

16 Aug 2019 - Sequoia Financial Group Limited (ASX:SEQ) Group CEO Garry Crole previews the group’s FY2019 results and discusses what the purchase of Libertas means for the company.
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Yo-yo markets continue on US China trade war: Aus shares 0.1% lower at noon

Yo-yo markets continue on US China trade war: Aus shares 0.1% lower at noon

16 Aug 2019 - Watch/read everything you need to know about markets, plus latest on reporting season. Abacus Property Group (ASX:ABP) profit falls 17% in FY19 as business transitions to annuity-style investment house. Newcrest Mining (ASX:NCW) prof...
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Seven West Media appoints James Warburton as CEO

Seven West Media appoints James Warburton as CEO

16 Aug 2019 - Seven West Media (ASX:SWM) today announced the appointment of James Warburton as the Managing Director and Chief Executive Officer, effective immediately.
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Telstra sells $700m stake in properties

Telstra sells $700m stake in properties

16 Aug 2019 - Telstra (ASX:TLS) today announced the sale of a $700 million stake in a newly created property trust to a Charter Hall-led consortium to own 37 of Telstra's exchange properties.
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Cochlear profit up despite implant unit sales slightly down

Cochlear profit up despite implant unit sales slightly down

16 Aug 2019 - Cochlear (ASX:COH) delivered net profit of $276.7 million, an increase of 13 per cent on FY18, which includes $10.8 million in non-cash net gains from the revaluation of innovation fund investments.
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Domain Holdings Australia post 29.3% fall in NPAT

Domain Holdings Australia post 29.3% fall in NPAT

16 Aug 2019 - Domain Holdings Australia (ASX:DHG) today announced its 2019 full-year financial results showing net profit after tax of $37.4 million down 29.3 per cent.
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The Star Entertainment Group see a fall in VIP business EBITDA

The Star Entertainment Group see a fall in VIP business EBITDA

16 Aug 2019 - The Star Entertainment Group's (ASX:SGR) statutory NPAT, before significant items is up 17.1 per cent to $216 million on the prior corresponding period.
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Michael Hill International see a 14% decline in underlying EBIT

Michael Hill International see a 14% decline in underlying EBIT

16 Aug 2019 - Michael Hill International (ASX:MHJ) has announced its financial results for the full year to 30 June 2019 showing underlying EBIT for the period was down 13.7 per cent to $34.6 million from last year's $40.1 million.
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Treasury note yield plummets: ASX poised to open lower

Treasury note yield plummets: ASX poised to open lower

16 Aug 2019 - Following mixed leads from US markets, the Australian share market looks set to open lower this morning. The Dow finished the day higher yesterday. Treasury yields plummeted to levels unseen in years. Oil Search (ASX:OSH) released a ...
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ASX plunges following on from Wall St: ASX closed 2.9% lower

ASX plunges following on from Wall St: ASX closed 2.9% lower

15 Aug 2019 - The ASX saw the biggest drop of the year closing 2.9% lower today taking the benchmark S&P200 back to where it traded in early June. It comes as Wall St saw its biggest drop of 2019 as the bond market reared a recession indicator. QB...
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Unemployment rate steady, wages rise: ASX tracking 2.4% lower at noon

Unemployment rate steady, wages rise: ASX tracking 2.4% lower at noon

15 Aug 2019 - The ASX dropped at the open following a plunge in the US markets overnight. It is now tracking 2.14% lower at noon. Treasury Wine Estates (ASX:TWE) shares have soared after it reported NPAT up 16% on the pcp. Packaging manufacturer m...
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Austal awarded new US Navy contract

Austal awarded new US Navy contract

15 Aug 2019 - Austal (ASX:ASB) has received an award from the United States Department of Defence of over US$23 million for support activities on the USS Tulsa.
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Sydney Airport see profit fall on passenger numbers and Danish dispute

Sydney Airport see profit fall on passenger numbers and Danish dispute

15 Aug 2019 - Sydney Airport (ASX:SYD) cut costs and reduced staff numbers after its half year results show a 90 per cent drop in profit after income tax to $17.3 million.
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Downer awarded a contract extension with the Department of Defence

Downer awarded a contract extension with the Department of Defence

15 Aug 2019 - Downer EDI's (ASX:DOW) Defence Major Services Provider consortium has been awarded a contract extension within the Joint Systems Division of the Department of Defence.
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Treasury Wine Estates lifts its dividend

Treasury Wine Estates lifts its dividend

15 Aug 2019 - Treasury Wine Estates (ASX:TWE) has lifted its full year dividend by 19 per cent to 38 cents per share on the prior corresponding period after growth in Asian sales.
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Blackmores profit down due to a decline in sales

Blackmores profit down due to a decline in sales

15 Aug 2019 - Health supplement company Blackmores (ASX:BKL) reports their NPAT is $53 million, down 24 per cent on the prior year.
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Telstra sees profit fall 40%

Telstra sees profit fall 40%

15 Aug 2019 - Telstra (ASX:TLS) released their full year results for financial year 2019, showing their net profit after tax decreased 39.6 per cent to $2.1 billion.
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Dow plunges, Europe stocks fall: ASX set to open lower

Dow plunges, Europe stocks fall: ASX set to open lower

15 Aug 2019 - Following a shocking plunge in US markets yesterday, the ASX looks set to open lower. The Dow Jones Industrial Average had its worst performance of 2019. Bank stocks led the declines with the financials sector down more than 10 per c...
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ALE Property Group (ASX:LEP) FY19 results

ALE Property Group (ASX:LEP) FY19 results

14 Aug 2019 - ALE Property Group Limited (ASX:LEP) Managing Director, Andrew Wilkinson discusses the company’s FY19 results, valuations and rent reviews
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Orocobre's chief operating officer departs

Orocobre's chief operating officer departs

14 Aug 2019 - Orocobre (ASX: ORE) will say goodbye to Alex Losada their Chief Operating Officer from today.
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Vicinity Centres halt plans to sell malls

Vicinity Centres halt plans to sell malls

14 Aug 2019 - Vicinity Centres (ASX:VCX) today announced its results for the 12 months to 30 June 2019, showing a net profit after tax of $346.1 million for the year, a drop from the previous year's $1.2 billion profit.
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Tatts help Tabcorp profit jump

Tatts help Tabcorp profit jump

14 Aug 2019 - Tabcorp (ASX:TAH) reports their statutory NPAT for the 12 months ending June 30th increased to $365.5 million from $28.7 million from the prior corresponding period.
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