26 Feb 2021 - Aussie shares dropped in early trade and tracked sideways for most of the afternoon to end 2.4 per cent lower. The Information Technology sector led the losses today, with none of the sectors managing to advance. Shares in Lynas Rare Earths (ASX:LYC) jumped almost 6 per cent today after the company released its financial results for the half year. Net profit was up more than 9 fold compared to the prior corresponding period and rose [...]
26 Feb 2021 - The Australian share market opened lower following negative leads from Wall Street. It fell in early trade and is tracking 2.2 per cent lower at noon. All of the sectors have fallen this morning, with tech stocks haemorrhaging over 6 per cent. This comes on the back of another surge in the 10-year US Treasury bond yield overnight. Higher rates tend to hit the tech sector especially hard as the group relies heavily on low [...]
26 Feb 2021 - Buy now, pay later player Sezzle (ASX:SZL) has seen its net loss soar to $US31.9 million for the year ended 31 December 2020.
26 Feb 2021 - The A2 Milk Company (ASX:A2M, NZX:ATM) has appointed Bessie Lee as an independent non-executive director to replace Jesse Wu.
26 Feb 2021 - Aussie shares are poised to drop at the open following a retreat in US markets. Rising US bond yields seem to have spooked investors. The 10-year Treasury yield experienced a flash spike overnight, rising 0.2 per cent. Facebook has reversed its Australian news ban after the government compromised on its proposed media code which is currently making its way through the Senate. Victoria is expected to announce an easing of Covid-19 restrictions this morning as [...]
26 Feb 2021 - Prime Media’s (ASX:PRT) interim financial results for the half-year ended 31 December 2020 show total revenue edged 1 per cent higher year on year to $91.7 million.
26 Feb 2021 - Plumbing and bathroom supplies company Reece (ASX:REH) achieved 3.07 billion in sales revenue in the half-year ended 31 December 2020.
26 Feb 2021 - Anteris Technologies Limited (ASX:AVR) CEO & Managing Director Wayne Paterson talks about the benefits of the company's Anteris DurAVR aortic replacement valve to work better and for longer, company strategy and goals for 2021.
25 Feb 2021 - IVE Group (ASX:IGL) reported an net profit of $23.79 million, up 92% from $12.36 million reported a year ago.
25 Feb 2021 - It has been a positive day of trade, with the ASX hitting its highest point for the week. Nine out of the 11 sectors were higher with Materials rising 1.7%. Sandfire Resources (ASX:SFR) rose 11.1% after reporting a 78% increase in their half year net profit results while Service Stream (ASX:SSM) was the worst performing stock on the back of their half year revenue numbers released yesterday.