Building products manufacturer James Hardie has suspended dividend payments due to the coronavirus pandemic and has tightened its profit guidance to $US350 million to $US355 million ($A546 million-$A554 million). In a trading update, management said dividends for the full year 2020 were suspended to help liquidity and manage market volatility.
Outdoor wear retailer Kathmandu has seen a surge in online sales in April but will open most of its stores in Australia by the end of this week as strict restrictions for COVID-19 are eased.
Apple will reopen all but one of its Australian retail stores this Thursday after they were closed for more than a month amid the coronavirus pandemic.
Disclaimer
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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