Finance News Network

Latest News

Nine scores Ashes boost

17 Dec 2013 - Nine Entertainment Co Pty Limited (ASX:NEC) is celebrating a boost in revenue, thanks to the the Ashes Test cricket series.

Aurizon takes $197M hit

17 Dec 2013 - Aurizon Holdings Limited (ASX:AZJ) says it can continue to lift productivty with fewer trains as it cuts its ore locomotives and wagons.

IAG to buy Wesfarmers’ underwriters

16 Dec 2013 - Insurance Australia Group Limited (ASX:IAG) will buy the insurance underwriting business from Wesfarmers Limited (ASX:WES) for $1.84 billion.

Nextdc, Telstra ink agreement

16 Dec 2013 - Nextdc Limited (ASX:NXT) has inked an agreement with Telstra Corporation Limited (ASX:TLS) that enables customers to access Nextdc data centres across Australia.

AWE rejects Senex tilt

16 Dec 2013 - AWE Limited (ASX:AWE) rejects a non-binding and conditional scrip based takeover proposal from Senex Energy Limited (ASX:SXY).

Quickflix extends reach with LG

16 Dec 2013 - Quickflix Limited (ASX:QFX) says its services are now available through connected LG Smart TVs and blu-ray players.

Coca-Cola in beer market comeback

16 Dec 2013 - Coca-Cola Amatil Limited (ASX:CCL) is set to re-enter the beer and cider market this week, following a two-year hiatus.

Aurizon transformation on track

16 Dec 2013 - Aurizon Holdings Limited (ASX:AZJ) is set to announce details of the company’s transformation program aimed at increasing efficiency, productivity and reducing costs.

Yancoal secures loan

13 Dec 2013 - Yancoal Australia Limited (ASX:YAL) reaches an agreement with major shareholder Yanzhou Coal Mining Company Limited for a $US250 million long-term loan facility.

Westpac has positive outlook

13 Dec 2013 - Westpac Banking Corp (ASX:WBC) expects a modest pick-up in lending growth throughout this year.

Qantas, Emirates hold talks

13 Dec 2013 - Qantas Airways Limited (ASX:QAN) and Emirates Airline have met this week, with media reports suggesting Jetstar Asia may become more involved in the pair’s alliance.

Nufarm completes refinancing

13 Dec 2013 - Nufarm Limited (ASX:NUF) completes the refinancing of its syndicated banking facility, which will fund the company’s working capital requirements.

Transurban may make joint bid for QML

13 Dec 2013 - Transurban Group (ASX:TCL) will join with Australian Super to bid for the Queensland Motorways business, according to media reports.

ACCC pursues cartel claim

13 Dec 2013 - The ACCC files civil proceedings alleging a cartel involving Woolworths Limited (ASX:WOW), Colgate-Palmolive, Unilever Australia, and PZ Cussons Australia denied cons…

Virgin offers to help in emergencies

12 Dec 2013 - Virgin Australia Holdings Limited (ASX:VAH) puts up its hand to assist in any future evacuations of Australians from international trouble-spots.

S&P cuts Qantas rating

12 Dec 2013 - Qantas Airways Limited (ASX:QAN) has its credit rating cut by Standard & Poor’s ratings agency.

Graincorp seeks less regulation

12 Dec 2013 - The competition watchdog is seeking views on whether the scope of regulation of Graincorp’s Limited (ASX:GNC) bulk grain port terminal in Newcastle should be reduced.

Bega extends offer period

12 Dec 2013 - Bega Cheese Limited (ASX:BGA) extends the offer period for its takeover bid for Warrnambool Cheese & Butter Factory Co (ASX:WCB).

BHP bullish on Bass Strait

12 Dec 2013 - BHP Billiton Limited (ASX:BHP) says it is bullish about the Bass Strait gas operations it shares with ExxonMobil, and has revealed hopes of another two decades of pro…

Rio beats savings target

12 Dec 2013 - Rio Tinto Limited(ASX:RIO) says it has already exceeded its target of cutting $2 billion in operating costs by the end of the year and it will focus on paying down de…

Hockey eases conditions on Yancoal bid

11 Dec 2013 - Treasurer Joe Hockey removes certain foreign investment conditions placed on Chinese state-owned enterprise Yanzhou Coal Mining Company that restricted its ownership …

Dexus lifts CPA bid

11 Dec 2013 - Dexus Property Group (ASX:DXS) again increases its takeover offer for the Commonwealth Property Office Fund (ASX:CPA).

Oz Minerals to hit targets

11 Dec 2013 - OZ Minerals Limited (ASX:OZL) says its 2013 production is on track to meet forecasts, with costs to be at the lower end of guidance.

Jetstar inks Avalon deal

11 Dec 2013 - Qantas Airways Limited (ASX:QAN) owned Jetstar will stay at Avalon Airport for another 18 months under a deal negotiated by the Victorian government.

QBE’s credit rating cut

11 Dec 2013 - QBE Insurance Group Limited (ASX:QBE) has its credit rating downgraded after warning of a potential $250 million loss for the 2013 calendar year.

Prior Page Next Page