Monthly Archives: August 2019

Baby Bunting bunts to 3yr high, Cochlear bouches back: Aus shares lose 2.8% this week, steady Friday

16 Aug 2019 - Aussie shares lose 2.8% this week, on the US yield “2-10 inversion”, despite stronger than expected local and US economic news. Baby Bunting (ASX:BBN) results beat expectations, Credit Corp Group (ASX:CCP) buys Baycorp, Newcrest Mining (ASX:NCM) profit up 180%, Cochlear (ASX:COH) profit up 7% & its shares charge to $213.80. Seven West (ASX:SWM) new CEO/MD James Warburton as Tim Worner exists. IPO FINEOS (ASX:FCL) up 8%.

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) profit rises 178%, buys 70% of Canada equal, flags gold/copper production to fall FY20. Ooh!Media Limited (ASX:OML) earnings for the YO 30 June to drop to $125m-$135m, from $152m-$162m on sharp decline in bookings.