The carnage on US and European markets overnight hit Australian markets hard today with the ASX plummeting over 140 points, wiping out another $45 billion. Several blue chip stocks lost over 20% of their market capitalisation in a day.
Downer EDI (ASX:DOW) and BSA (ASX:BSA) on Wednesday both secured extensions on their installation and maintenance services deals with Foxtel
Engineering services company Downer EDI (ASX:DOW) will replace its “fragmented and inefficient” IT infrastructure through a deal with HP
Engineering and infrastructure services company Downer EDI (ASX:DOW) has secured a $900m contract to provide services for the Boggabri mine in New South Wales for Idemitsu Australia
By close of trade on Monday the ASX reached 4412 – more than 200 points higher than Friday’s lows.