The S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) looks set to open slightly lower this morning ahead of the start of reporting season this week. Many other equity markets around the world ended their latest sessions in the red as well.
Here’s a quick recap:
- FTSE 100 (UK): up 0.32%
- DAX (Germany): down 0.29%
- CAC 40 (France): down 0.56%
- Dow Jones (USA): down 0.04%
- NASDAQ (USA): up 0.1%
Servcorp Limited (ASX: SRV) looks set to be in the market’s bad-books today. In an update to the market, it said it now expects full-year net profit before tax (NPBT) to be around $47 million, compared to previous guidance of not less than $56 million.
Gold miner Newcrest Mining Limited (ASX: NCM) released its December quarterly report as well, revealing gold production of 615,000 ounces for the quarter. Its all-in sustaining cost decreased 4.9% for the quarter.
Sonic Healthcare Limited (ASX: SHL) announced the acquisition of Medical Laboratory Bremen, which is reportedly a well-known and highly respected laboratory practice in Germany. The company, which cost 63 million euro ($89.4 million) has 30 million euro ($42.6 million) of revenue and employs approximately 275 staff.
Shares of Liquefied Natural Gas Ltd (ASX: LNG) have been particularly volatile recently. The shares will be back in focus again today after it announced its subsidiary Magnolia LNG had further extended the validity period of the engineering, procurement and construction (EPC) contract with KSJV. It also released its quarterly results.
Adslot Ltd (ASX: ADJ) reported that its trading technology revenue growth had continued and accelerated. Revenue for the December quarter grew to $1.464 million, an increase of 16% compared to the prior quarter. It was the ninth consecutive quarter of growth.
And finally, energy business Senex Energy Ltd (ASX: SXY) has placed its shares in a trading halt pending an announcement from the group.
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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.