Tuesday , February 19 2019
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Childcare turnaround underpins Arena outlook

The trust, whose assets are heavily weighted towards the sector, said there was a net annual increase of 275 centres across the country – “on the face of it, a minor slowdown in supply”, new boss Rob de Vos said. Mr de Vos, previously the fund’s property head, took over this …

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Markets Live: ASX steadily above 6100

Unlike yesterday, when the S&P/ASX 200 faltered in the afternoon and dropped back below 6100, the index appears to be holding onto today’s gains. It is currently 24.5 points higher at 6114.3 with points being added by the banks, Altium, Brambles, Medibank Private, and Telstra. LandMark White will remain suspended …

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Dock workers locked out for nine days in wages dispute

“PKCT has concern for its employees and their families and it absolutely does not underestimate the impact that the industrial action is having on them which is why the company is offering a two-week moratorium on industrial action so everybody can get back to work,” the spokeswoman said. “Without that …

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Cochlear dives after rivals gain share in key markets

Shares hit a low of $174.99 after the market opened, down 10 per cent before recovering to trade around the $180 mark before noon. The result was driven by strong growth from its services division with revenue up 28 per cent, which was ahead of market expectations. Mr Howitt said …

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LandMark White shares drop 6pc after data breach

The shares fell to 40¢ albeit on light trade as the register is tightly held by staff but the drop was fuelled by a comment from the company saying it was “assessing the costs of the incident and the subsequent reduction in revenue”. In January the company slashed its earnings …

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Markets Live: ASX softens, drops to 6085

LandMark White shares resumed trading today and are hitting four-year lows with an 8 per cent drop to 39 cents. It is the first time shares traded since the valuer revealed a massive data breach, which resulted in details of about 100,000 home loan customers being leaked. A number of …

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Royal commission provides growth opportunities, says Netwealth

The company declared an interim dividend of 5.5 cents per share, payable March 28. Netwealth shares edged 12 cents higher, or 1.7 per cent, to $7.12 in early trading. The company, which provides software and financial products to non-bank aligned financial planners,  said the phasing out of grandfathered commissions to advisers …

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