05 Nov 2019 - The local sharemarket’s bright start has faded in the second hour of trade. The market opened up around 40 pts following Wall Street higher but has eased back and is trading mostly flat at lunch. IMF Bentham (ASX:IMF) has announced the conditional in principle settlement of an Australian securities class action it has funded as part of its portfolio.
05 Nov 2019 - Communications and IT Services Provider Speedcast (ASX:SDA), has announced that S&P Global has lowered its issuer credit rating to B- from B, and maintained the outlook as Negative.
05 Nov 2019 - AP Eagers (ASX:APE) has sold its freehold properties in the Newcastle and Hunter Valley region to the Tony White Group.
05 Nov 2019 - Westpac (ASX:WBC) has successfully completed a $2 billion institutional placement.
05 Nov 2019 - Heartland Bank (ASX:HGH) has partnered with Kia Motors in New Zealand to provide Kia Finance – a new vehicle finance service for people looking to purchase a new or used Kia from a Kia dealership.
05 Nov 2019 - Following positive leads from US markets, the ASX looks set to open higher. Stocks in the US rose with the Dow Jones claiming its first record since July. Uber stocks fell after their reported a quarterly loss topping $1 billion. AUSTAL (ASX:ASB) says the future USS Kansas City has successfully completed acceptance trials in the Gulf of Mexico.
05 Nov 2019 - Nouryon Chemicals B.V. has awarded a Master Services Agreement (MSA) to Worley (ASX:WOR) to provide engineering, procurement and construction management (EPCM) services.
05 Nov 2019 - Rare earths miner Lynas (ASX:LYC) Malaysia and MARA Corporation have signed an MOU to work collaboratively on several key projects, including attracting downstream industries and downstream customers to Malaysia.
04 Nov 2019 - The ASX closed 0.3% higher. Banks didn’t fare so well though. Westpac (ASX:WBC) reported a 15% slump in full-year profit, a cut to its dividend and announced they want to raise $2.5 billion in capital. This news sent NAB’s (ASX:NAB) shares down. And Collins Foods (ASX:CKF) has been served with Federal Court proceedings by Taco Bill Mexican Restaurants.
04 Nov 2019 - The Australian sharemarket has dulled its early rise but most sectors are in the green at midday. Pro Medicus (ASX:PME) has signed a 5-year contract with The Ohio State University Wexler Medical Center (OSUWMC).
