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Alex Druce

Articles by Alex

Penfolds owner posts healthy profit lift

Treasury Wine Estates has raised a glass to shareholders, upping its interim dividend following a 15.1 per cent lift in first-half profit to $201.1 million.

Bendigo & Adelaide profit dips but it's banking on a royal commission boost

Bendigo and Adelaide Bank shares have taken a dive after a 2.4 per cent dip in first-half profit, but the regionally focused lender hopes to benefit from the big four’s public relations disaster at the royal commission.

ASX plummets to near two-year lows

The Australian share market has dived to near two-year lows amid a global stock sell-off, with energy and mining stocks bleeding red and the banks also suffering in early trade.

Roger David to shut all stores within weeks

Roger David’s 57 fashion and accessories stores will close within weeks after no buyers emerged in a four-week process to sell them as a going concern.