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Austal USA Appoints Third President in Three Years

ASX LIVE: Wall Street gains; Austal cuts profit guidance, inflation data ahead

Shares jump to 5-month high, Aussie dollar eases as inflation lands below market and RBA’s forecasts. Microsoft posts $29.5b quarterly profit. Gold edges higher. Follow latest here.

ASX ASB: Austal sinks after shock loss warning

Shipbuilder Austal has warned problems with a US Navy contract could plunge it into loss-making territory.

Clearly a disappointing financial result : Why ASX 300 stock Austal just crashed 20%

Clearly a disappointing financial result : Why ASX 300 stock Austal just crashed 20%
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