The ASX 200 (INDEXASX: XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up by 0.14% on Friday.
Australian Dollar ($A) (AUDUSD): 69.28US cents
Dow Jones (DJI): down 0.74%
Oil (WTI): $US58.63 per barrel
Gold: $US1,285 per ounce
ASX Sharemarket News
In ASX sharemarket news, Fisher & Paykel Healthcare Corp Ltd (ASX: FPH) has reported its full year result.
The healthcare company reported that its operating revenue increased by 9% to NZ$1.07 million and net profit after tax (NPAT) grew by 10% to NZ$209.2 million.
The company declared a final dividend of 13.5 NZ cents per share.
In FY20 the company expects revenue to be around NZ$1.15 billion and NPAT to be approximately NZ$240 million to NZ$250 million.
Fisher & Paykel Healthcare Managing Director and CEO Lewis Gradon said: “Our record results were driven by innovate products, the dedication of our teams around the world, a culture of continuous improvement and the value we offer for clinicians and patients.”
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Air New Zealand Limited (ASX: AIZ) has announced its going to invest in new fuel-efficient Boeing 787-10 Dreamliners.
The list prices would suggest the agreement is worth US$2.7 billion, but Air New Zealand has negotiated a “significant discount”.
The first of the new aircraft will join the Air New Zealand fleet in 2022 and combined have the potential to save 190,000 tonnes of carbon each year.
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The CEO and Managing Director of Suncorp Group Ltd (ASX: SUN) is going to step down, although he will remain in an advisory position until the full year result is released on 9 August 2019.
Group Chief Financial Officer (CFO) Steve Johnston will be the Acting CEO until a replacement can be found.
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