Brainchip excites investors on export tick
Artificial intelligence processor developer BrainChip has been a big mover on the ASX after it gained US export approval for its Akida chip.
Goldminer Saracen says its underlying profit was up 84% in the six months to December 31, but it won’t pay its first dividend as it works to repay debt.
Unit-load equipment, pallets, crates and containers company Brambles has posted a drop in net profit, saying it is resilient despite a challenging environment.
Bendigo and Adelaide Bank has flagged a $300m capital raising after a 2.0 per cent first-half profit slip, while the firm’s interim dividend has also been cut.
Australian shares are expected to dip when trading resumes amid investor caution as the market teeters near record highs.
Australians are becoming more and more comfortable with their household debt, but those outside capital cities are not so upbeat.
Sydney biotech Noxopharm says its radiation-sensitising suppository was able to extend the average lifespan of 32 men with late-stage prostate cancer.
ASIC is accusing former Bellamy’s director Jan Cameron of failing to disclose her full interest in the formula firm via a Curacao-domiciled shell company.
Baby Bunting’s first-half net profit has risen slightly to $4.838 million, while revenue increased by 5.0 per cent to $186.39 million.
US newspaper publisher McClatchy says its 30 local newsrooms will continue to operate after it filed for bankruptcy protection.
QBE has announced Mike Wilkins AO will succeed W Marston Becker as chairman.
Optus says the three months to December 31 were a “transitional quarter” as it moves to SIM-only data plans.
Caltex Australia has received an improved proposal from Alimentation Couche-Tard to acquire all its shares at an indicative price of $35.25 cash per share.
The coronavirus outbreak in China and elsewhere is hurting airline maker Boeing, which sold no new airline jets in January.
A 33-year-old Shepparton man has been identified as the victim of Monday’s fatal collision in Arcadia.
Police are appealing for public assistance to help locate missing 14-month-old girl Acelynn Dutoit.
A former Shepparton business has made national headlines once again as an ABC investigation uncovered a multimillion-dollar scam that targets drug addicts and the homeless. Former local accountancy firm Brown Baldwin have been accused of exploiting...