Australia and New Zealand Banking Corporation
Aconex Limited (ASX:ACX), provider of the #1 global platform connecting teams on construction and engineering projects, today announced the appointment of Craig Fulton as chief technology officer (CTO). Reporting to Rob Phillpot, senior vice president of product and engineering and co-founder, Mr. Fulton will be responsible for all Aconex product engineering and cloud hosting functions.
Michael Gable Managing Director and founder of Fairmont Equities brings the latest stock tips for August 15, 2016. Featured stocks include Mantra Group, REA Group, Blackmores Limited and Australia & New Zealand Banking Group.
Maurice Blackburn Lawyers, who first challenged ANZ (ASX:ANZ) on unlawful fees in 2010, have recently issued a Class Action against National Australia Bank (ASX:NAB).
ABM Resources NL (ASX:ABU) has signed a commitment letter for a back-up and stand-by funding facility (the "facility") from the Australia and New Zealand Banking Group (ASX:ANZ).
SAI Global Limited (ASX:SAI) today announced a record net profit after tax attributable to shareholders of A$44.8 million, representing an increase of 32.9% over the corresponding period. Underlying net profit, which backs out the impact of significant charges, was A$48.0 million, an increase of 42.4% over the corresponding period.
Iron Road Limited (ASX:IRD) (Iron Road) is pleased to announce that Mr Jerry Ellis has been appointed to the Board of Iron Road as a Non-Executive Director. Mr Ellis has had a long and distinguished career in business, particularly in the resources sector and his experience will be invaluable as Iron Road progresses its flagship project at Central Eyre.
Today Australian shares continued their losing streak in early trade, despite a positive lead from Wall Street. Yesterday the Asian and Australian market declined massively on the back to credit ratings downgrades for Greece and Portugal. Australian market's decline today was led by financial shares.
The Australian stock market opened in negative territory this morning following Wall Street's plunge on Friday. Asian markets also fell sharply Friday. Japan's Nikkei lost 1.5 per cent on stronger yen, while China's Shanghai Composite and Hong Kong's Hang Seng Index lost 1.1 per cent and 1.3 per cent respectively, due to Chinese government's further move to restrict speculative property investments.
Asian shares are set for a weak start on Monday after US markets fell on lower commodities prices and Greek debt concerns. Japanese market today is closed for Vernal Equinox Day. Most Asian markets gained on Friday. Japan's Nikkei index rose 0.8 per cent while weakness in yen boosted exporters. China's Shanghai Composite was also higher, with Alunimium Corp of China surged 10 per cent on Friday. Hong Kong's Hang Seng Index was up 0.2 per cent and South Korea's Kospi climbed 0.7 per cent.
Australian share market ended the first week of 2010 with a 15-month high as banking shares rebounded on Friday from the falls in previous session, offsetting losses in resources sector. At the close, the benchmark S&P/ASX200 index rose 12.7 points, or 0.3 per cent, to 4912.1, while the broader All Ordinaries index advanced 11.7 points, or 0.2 per cent, to 4942.2.