Cochlear is raising equity to preserve liquidity, placing the business on the front foot for a recovery once the deferral of non-essential surgery has passed.
Analysts argue Australia’s banks are in a much better position to weather this storm than they were in 2008, and have been oversold on that basis.
South Africa has become the latest jurisdiction to impose a wide-ranging lock-down, affecting the outlook for the South32 manganese operations.
Ahead of the Herd’s Rick Mills discusses what the virus and the US response imply for the price of gold, as well as silver and copper.
Plastic recycling is preparing for a golden decade as the fourth industrial revolution, the shift to a circular economy, climate change and global regulation conspire to drastically increase demand.
How exposed is CSL to disruptions to its plasma collections?
Michael Gable of Fairmont Equities suggests Macquarie Group is set up for a relief rally.
Peter Switzer of the Switzer Report advocates, in light of the forced economic shutdown, for the stock market to also be shut down.
Brokers welcome Telstra’s initiatives to support the community in the current crisis, as the telco becomes one of the few listed stocks to simply downgrade guidance rather than withdraw it altogether.
Marcus Reubenstein of APAC News argues Australia is remiss in focusing on the economy while ignoring the actual virus.
