Finance News Network

Latest News

Woodside Petroleum acquires acreage off Africa

11 Aug 2014 - Woodside Petroleum Limited (ASX:WPL) acquires acreage off the coast of Gabon.

Bendigo and Adelaide Bank boosts FY result

11 Aug 2014 - Bendigo and Adelaide Bank Limited (ASX:BEN) boosts its net profit and cash earnings in the 2014 financial year.

More suitors circle Treasury Wine Estates

11 Aug 2014 - Treasury Wine Estates Limited (ASX:TWE) reveals another takeover bid from an anonymous private equity investor.

Freelancer records H1 loss as revenue jumps

11 Aug 2014 - Freelancer Limited (ASX:FLN) records a first half net loss on the back of re-investment in future growth.

BC Iron to buy Iron Ore Holdings

11 Aug 2014 - BC Iron Limited (ASX:BCI) is poised to strengthen its Pilbara iron ore portfolio through the acquisition of Iron Ore Holdings Limited (ASX:IOH).

JB Hi-Fi rings in 10% FY profit rise

11 Aug 2014 - JB Hi-Fi Limited (ASX:JBH) reports a 10.3 per cent rise in net profit for the full 2014 financial year.

CBA makes executive changes

08 Aug 2014 - Commonwealth Bank of Australia (ASX:CBA) announces the retirement of Grahame Petersen, the Group Executive Business and Private Banking.

Clinuvel rejects takeover offer

08 Aug 2014 - Clinuvel Pharmaceuticals Limited (ASX:CUV) rejects a $95M takeover offer from Nasdaq listed company Retrophin.

REA group FY profit soars 37%

08 Aug 2014 - REA Group Limited (ASX:REA) posts a 37% jump in net profit in FY 2014.

News Corp FY revenue and profit drop

08 Aug 2014 - News Corp (ASX:NWS) reports a drop in revenue and profit in FY 2014.

Australand acquired by Frasers

08 Aug 2014 - Australand Property Group (ASX:ALZ) will be acquired by Singaporean based Frasers Centrepoint.

Rio Tinto posts strong H1 profit result

08 Aug 2014 - Rio Tinto Limited (ASX:RIO) reports a net profit of $US4.4B in H1.

FlexiGroup FY profit falls 13%

07 Aug 2014 - FlexiGroup Limited’s (ASX:FXL) net profit falls 13 per cent to $57.6 million in the 2014 financial year.

APA to reap $784M from Envestra sale

07 Aug 2014 - APA Group (ASX:APA) is poised to cash in from selling its 33 per cent stake in Envestra Limited (ASX:ENV).

Tabcorp firms FY profit, eyes higher dividend

07 Aug 2014 - Tabcorp Holdings Limited (ASX:TAH) improves its annual profit and is targeting higher dividends in the year ahead.

Woolworths builds case for Hudsons buy

07 Aug 2014 - Woolworths Limited (ASX:WOW) edges closer to its planned acquisition of Hudson Building Supplies after receiving the competition regulator’s green light.

Ardent raises $50M for acquisitions & growth

07 Aug 2014 - Ardent Leisure Group (ASX:AAD) raises $50 million to help fund its acquisition of the Fitness First Western Australian portfolio.

AGL scores licence to frack at Gloucester

07 Aug 2014 - AGL Energy Limited (ASX:AGK) scores state government approval to use fracking technology to identify coal seam gas at Gloucester in NSW.