Finance News (Page 2)

Cleanaway, Tassal, Magellan shares charge: Aus shares 0.5% higher at noon on earnings

14 Feb 2019 - Mid-session report. ASX rallies on busiest reporting season day and also buoyed by positive Wall Street sentiment. Citi drops Telstra’s (ASX:TLS) 12-month price target to $2.50 despite results beating market expectations. Cleanaway (ASX:CWY) NPAT up 35%, HY div' up 50%, YOY shares up 57% Tassal (ASX:TGR) sees best-ever HY results, NPAT up 22%, earnings up 23%, YOY shares up 44%. Magellan (ASX:MFG) NPAT up 225% despite headwinds, YOY shares up 26%.