ASX to slide; Wall Street slumps; $A below US71¢

It's down 9.5 per cent on Blue Orca's report.

Mosaic says online sales are up 31 per cent compared to the same time last year.

Margins had widened to 67 per cent from 61.8 per cent at the same time last year.

The CEO of the electronics and home appliances retailer said the group made a great start to the year but declined to provide sales guidance due to COVID-19 uncertainties.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $US6.22 billion, which was $US2.63 billion higher than in the second quarter.

The better result was mainly driven by the 26 per cent increase of iron ore realised prices and 20 per cent higher iron ore sales volumes in the third quarter.

The group posted $US682,000 in sales from royalty payments over the quarter.

ANZ is down 2.7 per cent after reporting a 42 per cent drop in full year profit to $3.76 billion.

Fortescue is down 1.5 per cent after reporting it shipped 44.3 million tonnes of iron ore in the three months to September 30.

REA Group is down 0.4 per cent after it said it would pay up to $US70 million to take a controlling interest in Indian digital real estate operator Elara.

Evolution is down 4.1 per cent and Newcrest Mining has shed 2.6 per cent.

Oil Search is down 4.7 per cent and Santos has lost 3.4 per cent.

Afterpay is down 3.7 per cent and Xero has shed 2.9 per cent.

Irish software developer and provider Fineos has reported positive operating cashflow of €620,000 on September quarter sales up 18.1 per cent on the prior quarter to €30.1 million.

IGO says gold production from its partly owned Tropicana mine will be at the higher end of guidance in the first half after output rose 5 per cent quarter-on-quarter

The miner says first quarter profit after tax increased to $45.4 million from $39.8 million in the June quarter despite a 2 per cent drop in revenue to $226.6 million

Nickel production from its Nova operations increased 1 per cent to 7,276 tonnes and copper production rose 2 per cent to 3278 tonnes

Its FY 2020 total sales soared 2056 per cent to $NZ38.3 million thanks to pandemic-related demand globally

It said other independent testing by a UAE government appointed lab confirmed Zoono Microbe Shield's 99.9 per cent efficacy at 30 days

It is successfully used in buildings, vehicles, aircrafts, homes and hospitals globally," the company said

The CEO of the electronics and home appliances retailer said the group made a great start to the year but declined to provide sales guidance due to COVID-19 uncertainties