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. QBE Insurance Group (ASX:QBE) today announced a 1H19 statutory net profit after tax of $463 million, up 29 per cent from $358 million in the prior period.
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 meanwhile Orora's (ASX:ORA) share price dropped after reporting on challenging market conditions today. Gold Road Resources (ASX:GOR) and Gold Fields ramp up progress on Gruyere process plant.
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.
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.
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.
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.
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.
15 Aug 2019 - Health supplement company Blackmores (ASX:BKL) reports their NPAT is $53 million, down 24 per cent on the prior year.
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 cent from a recent high. Elders (ASX:ELD) has refinanced its debt facilities for working capital facilities for Australian Independent Rural Retailers.
14 Aug 2019 - Healthcare sector sees biggest gain in a year. CSL (ASX:CSL) shares hit a new high on immunoglobulin (anti-infection) business. Pilbara Minerals (ASX:PLS) shares bounce off 2017 levels. Aussie wages price more than expected. Aveo (ASX:AOG) inks implementation for $1.3b takeover. Pact Group (ASX:PGH) swings into loss on higher costs. Tabcorp (ASX:TAH) profit up 100% on digital lotteries growth.