Earnings downgrade: Nufarm Limited’s (ASX: NUF) stock plunged 11.058% on July 23, 2018 after the company downgraded its full year guidance and now expects the FY18 EBIT contribution from the ANZ business to be in the range of $5 million-$10 … Continue reading Nufarm Limited stock under pressure on earnings downgrade
Key Personnel Changes: Estia Health Ltd.’s (ASX: EHE) stock fell 1.88% on July 23, 2018 after the company announced CEO & COO changes. The company has replaced its chief executive Norah Barlow with chief operating officer and deputy chief executive … Continue reading Estia Health Ltd. stock under pressure due to key personnel changes
Western Areas Limited (ASX: WSA) has recently reported a stronger June quarter of cashflow generation for the year with cash at bank increasing by A$15.9m to A$151.6m, after capital expenditure, feasibility study and exploration costs of A$12.5m. The Company’s balance sheet … Continue reading Western Areas Limited (ASX: WSA) – Mine production at its peak!
Wesfarmers Limited’s (ASX: WES) stock tumbled by 1 per cent on July 23, 2018 after the announcement of Coles demerger update in which Wesfarmers’ shareholders will receive 1 Coles share for every Wesfarmers share held. The deal is expected to … Continue reading Wesfarmers Limited Edging Low on Coles Demerger Update
Navitas Limited (ASX: NVT) inked an agreement with University of Twente to take over its pathway program for international students. The agreement takes after NVT effectively competing in the university’s selection procedure for the provision of these services. As per … Continue reading Navitas Limited – Footprint Expansion into Netherlands via Partnership with University of Twente
Completion of Earn-in Phase of Nyanzaga Project and Execution of Conditional Heads of Agreement to acquire 100% of the Project: Orecorp Ltd.’s (ASX: ORR) stock skyrocketed 54.12% on July 20, 2018 to A$0.262 (3:30 PM AEST) after the company’s Tanzanian … Continue reading Orecorp Ltd – Updates on Nyanzaga Project
PNG LNG Project co-venturers sign mid-term sales agreement with PetroChina: Oil Search Limited’s (ASX: OSH) stock edged up on July 20, 2018 to A$8.63 (3:30 PM AEST) after the company being the PNG LNG Project co-venturer signed a mid-term LNG … Continue reading Oil Search Limited gained momentum on PNG gas project’s PetroChina deal
Australian regulator (ACCC) seeks to prevent Aurizon freight sale: Aurizon Holdings Ltd.’s (ASX: AZJ) stock fell 1.8% on July 19, 2018 after the company indicated that the Australian Competition and Consumer Commission (ACCC) sought a court (Federal Court) injunction against … Continue reading Why Aurizon Holdings Ltd stock is under pressure?
Consolidated production and sales performance for the June Quarter 2018: Evolution Mining Ltd.’s (ASX: EVN) stock has witnessed a fall of 4.44% on July 19, 2018 after the company for the June 2018 Quarter witnessed Group gold production of 202,254 … Continue reading Evolution Mining Ltd Reported the performance for the June Quarter 2018
Acquisition of Koroit facility in Western Victoria: Bega Cheese Ltd.’s (ASX: BGA) stock moved up by 3.7% on July 18, 2018 after the company agreed to buy a dairy processing facility at Koroit in Victoria state from Saputo Inc’s local … Continue reading Bega Cheese Ltd is on buying spree