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  • Wall Street in sell-off on Fed rate outlook

    9:40 pm

    Wall Street in sell-off on Fed rate outlook

    U.S. stocks ended sharply lower Wednesday after the Fed signaled it remains on track to hike interest rates sometime in the middle of this year. This followed a near 300 point plunge the previous trading day. The ASX SPI 200 is down 65 points to 5447.

  • ASX has modest gain, but which companies jumped 10% or more?

    5:49 am

    ASX has modest gain, but which companies jumped 10% or more?

    Energy stocks have pulled the ASX200 up to a modest 0.1% gain to 5,552.8 points as oil prices climbed.

    While the market struggled, these companies managed gains of 10% of more.

  • SomnoMed Limited hits growth target with record sales

    1:25 am

    SomnoMed Limited hits growth target with record sales

    Sales of 13,575 sleep apnea devices in the December quarter 2014 represent a growth of over 21.8% compared to the same quarter the previous year. This has also contributed to a 18% increase in first half FY15 revenue to $14.8M. SomnoMed has confirmed forecast revenues of $32.5M for the current financial year.

  • MRL Corporation on track for graphite production in September quarter

    1:10 am

    MRL Corporation on track for graphite production in September quarter

    The Aluketiya graphite project is on track to start production in the September quarter 2015. Drilling has returned assays of up to 99.3%TGC. MRL Corporation will commence a new drilling program within days to establish further graphite mineralisation.