CommSec's Steven Daghlian speaks with MyFiziq Limited (MYQ) CEO & Co-Founder, Vlado Bosanac about: Background and technology behind MyFiziq’s mobile phone application; Benefits of the body shape tracking technology; Recently signed deals in the US and Singapore; and the Outlook for MYQ over the next 12 months Show More
Global sharemarkets were firmer in October. Media marked the 30th anniversary of the October 1987 sharemarket crash, but the news stories failed to spook investors. Major issues in focus over October include earnings results and discussion about the likelihood of President Trump getting tax cut legislation passed by Congress. There... Show More
ANZ has reported full year cash profit of $6.9bn - up 18% and in line with analyst expectations. However, a fall in its net interest margin has disappointed investors, sending ANZ shares down about 2%. Show More
Fuel supplier and retailer, Caltex (CTX) posted a 21% lift in Replacement Cost Operating Profit (RCOP) to $307m for the six months ended 30 June 2017. This was at the top-end of guidance provided 22 June 2017 by the company of between $290m - $310m and largely in-line with... Show More
Qantas Airways’ (QAN) 8.5% slide in its annual underlying profit to $1.4bn was the flagship airline’s second biggest in its near 100-year history, was largely in-line with analyst expectations and slightly above guidance provided in early May. The result was boosted most by the strengthening of its domestic business... Show More
Woolworths (WOW) returned to profitability in FY17, posting a $1.5bn profit for the 12 months ended 25 June 2017, thanks to strong sales momentum at its core supermarket chain late in the year. While the headline result is a huge improvement on the $1.2bn lost last year, due to billions... Show More
Sydney Airport (SYD) reported a lift in its half year revenue, profit and dividend while raising its distribution guidance to shareholders for FY17. Show More
BlueScope Steel (BSL) posted a softer than expected annual underlying profit result, despite more than doubling earnings to $650.8m for the 12 months ended June 2017. The result was held back by rising input commodity prices and slowing momentum in its cost reduction plans. The company announced a smaller than... Show More
Wesfarmers (WES) posted a largely in-line with consensus 22.1% lift in annual profit (excluding significant items) to $2.73bn. The result was driven by a lift in earnings at its Bunnings stores and a return to profitability for its coal mining business, thanks to the surging price of the commodity. This... Show More
Gaming group, Tatts (TTS) posted a weaker than expected $220.5m net profit for the 12 months to 30 June 2017. The near 6% slide in earnings was driven by merger costs, fewer jackpots and bad weather which hurt its wagering business. Show More
One of the country’s biggest developers, Stockland (SGP) posted a larger than expected lift in net profit for the year to June 2017, to $1,195 million. This result benefitted from Australia’s solid property market. Funds from Operations (FFO) – its preferred measure of performance as it adjusts for depreciation and... Show More
Media group, Fairfax (FXJ) has returned to profitability, posting an improved $83.9m full year profit for the 12 months to June 30 and provided details on its planned Domain IPO. While underlying earnings (not including significant items) went backwards over the year, EBITDA came in ahead of market expectations. The... Show More
JB Hi-Fi (JBH) posted a better than expected 36.5% lift in underlying profit for the 12 months to June 2017 to $207.7m. The result - which was slightly above the discount retailer’s own guidance - was boosted by the collapse of Dick Smith (reduced competition) and the near $900m purchase... Show More
Regional lender, Bendigo & Adelaide Bank (BEN) posted a slightly below consensus 4.2% rise in annual cash profit to $418.3m. The result was boosted by above industry average lending growth and a recent lift in some mortgage rates. Its bottom line was held back by APRA’s lending caps which were... Show More
Toll road operator, Transurban (TCL) posted a mixed set of numbers for the year to 30 Jun 2017. A strong gain in traffic across most of its major toll roads (Sydney, Brisbane and the Greater Washington Area) helped lift revenue above forecasts. While underlying profits also beat forecasts, net profit... Show More
CommSec Market Analyst Steven Daghlian speaks with Navitas CEO, Rod Jones about: Show More
Tabcorp has delivered a worse than expected $20.8m net loss for the year. The gaming group’s bottom line was mainly impacted by almost $200 million in significant items (one-off costs). Show More
Overall, the year was remarkable for being unremarkable. At least as far as the economy and financial markets performed. The year started with the fall-out from Brexit. There was a domestic election and the US Presidential election. In 2017 there has been a raft of elections in Europe. And there... Show More
Shares in the Ten Network (TEN) have been suspended from quotation as the company entered voluntary administration today. There are reports Bruce Gordon and Lachlan Murdoch could form joint venture to restructure the business. Show More
The ASX 200 has jumped 0.9%, adding to yesterday’s 1.3% improvement. At the close, Myer revealed Premier Investments was the buyer of a 10.77% stake in the company on Monday: Show More