Finance News Network

Latest News

Crown (ASX:CWN) turns down Blackstone, approaches Star for more detail

17 May 2021 - Beleaguered casino operator Crown (ASX:CWN) has dealt a blow to Blackstone in the heated bidding war for the $8.8 billion company. The ASX-listed gaming giant has off…

Plant shutdowns hampered Incitec Pivot (ASX:IPL)'s first-half earnings

17 May 2021 - Chemicals manufacturer Incitec Pivot (ASX:IPL) has reported a decline of 43.7 per cent in net earnings to $36.4 million for the first half of FY21, citing pandemic-in…

Stocks of the Hour: Resolute Mining, Synlait Milk & Volt Resources

14 May 2021 - A snapshot of the companies making headlines for the hour.

Redflex (ASX:RDF) one step away from takeover by Verra Mobility

14 May 2021 - Traffic surveillance specialist Redflex (ASX:RDF) has received the second last tick of approval from the Federal Court of Australia for an acquisition by US-listed Sm…

Synlait (ASX:SM1) sees 3rd executive-level departure in 2 months

14 May 2021 - Under-pressure dairy processing company Synlait Milk (ASX:SM1) has farewelled the third top staffer in two months. The company’s chief financial officer Angela Dixon …

Volt Resources (ASX:VRC) to make Ukraine acquisition following due dilligence

14 May 2021 - Mineral explorer and producer Volt Resources (ASX:VRC) is set to acquire a 70 per cent stake in the Ukraine-based Zavalievsky group of companies (ZG Group), following…

Stuart Gale's reign as Resolute Mining (ASX:RSG) CEO made permanent

14 May 2021 - Gold player Resolute Mining (ASX:RSG) has officialised Stuart Gale’s leadership position at the helm of the company as chief executive officer and managing director.

oOh Media's (ASX:OML) full-year revenue falls 34%

13 May 2021 - Outdoor media advertisers oOh!Media (ASX:OML) reports a 34% fall in revenue to $426.5 million in the 12 months to December as audience numbers dropped due to the rest…

Codan (ASX:CDA) completes $114m acquistion of Domo Tactical Communications

13 May 2021 - Metal detection and mining technology company Codan (ASX:CDA) has completed its $114 million acquisition of US-based company, Domo Tactical Communications.

Crown (ASX:CWN) commits to cashless transactions at Sydney casino

13 May 2021 - Under-pressure casino operator Crown Resorts (ASX:CWN) has committed to cashless transactions in its Sydney casino operations, in a bid to improve the gaming giant’s …

Telstra (ASX:TLS) slapped with $50 million fine for misleading indigenous customers

13 May 2021 - Australia’s largest telecommunications company Telstra has been slapped with a $50 million fine for misleading conduct in sales activities with aboriginal customers a…

Stocks of the Hour: Xero, Orica and Graincorp

13 May 2021 - A snapshot of company news making headlines in the morning featuring Xero (ASX:XRO), Orica (ASX:ORI) and Graincorp (ASX:GNC) as they all released their earnings figur…

GrainCorp (ASX:GNC) reinstates dividend and lifts full year guidance

13 May 2021 - GrainCorp (ASX:GNC) has upgraded its full year guidance following its strong half year results reinstating its interim dividend, due to a rebound in growing condition…

Orica (ASX:ORI) to sell Minova business as profit falls 54%

13 May 2021 - Explosives systems company Orica (ASX:ORI) reports a 54 per cent drop in their half-year net profit to $77 million when compared to the same time last year.

Pro Medicus (ASX:PME) inks 4th cloud-based medical imaging deal for $14m

13 May 2021 - Medical imaging specialist Pro Medicus (ASX:PME) has inked a $14 million deal with The University of Vermont Health Network Inc (UVM) through the company’s subsidiary…

Increased user base lifts Xero (ASX:XRO)'s profit by nearly 6 times

13 May 2021 - Cloud-based accounting platform Xero (ASX:XRO) has reported its net profit grew by almost 6 times to $18.4 million, according to the company’s FY21 results. The digit…

Qantas (ASX:QAN) loses altitude on extended border closures

12 May 2021 - National flag carrier Qantas was among airlines losing altitude on the market today, shedding 3.4 per cent to $4.50 by 2.30pm, following signals from last night’s Fed…

Online church donations bolster Pushpay (ASX:PPH)'s revenue growth

12 May 2021 - Donation system operator Pushpay (ASX:PPH) has released its FY21results, indicating a rise in net earnings of almost 100 per cent to $41.1 million for the full year p…

Stocks of the Hour: Commonwealth, Carsales & Evolution Mining

12 May 2021 - A snapshot of company news making headlines in the morning session, featuring Commonwealth (ASX:CBA), Carsales (ASX:CAR) & Evolution Mining (ASX:EVN).

Evolution Mining (ASX:EVN) receives shareholder approval for Canadian acquisition

12 May 2021 - Gold player Evolution Mining (ASX:EVN) has received the the tick of approval from Battle North Gold’s shareholders to take over the Canadian-based mineral explorer. E…

Carsales.com (ASX:CAR) to raise $600m to finance US acquisition

12 May 2021 - Automotive e-commerce platform carsales.com is calling on institutional and retail investors to back its equity-raising campaign to generate $600 million to boost its…

Commonwealth Bank (ASX:CBA) doubles quarterly earnings YoY

12 May 2021 - Banking giant Commonwealth (ASX:CBA) has reported a twofold increase year on year to $2.4 billion in net cash earnings for the March Quarter of FY21, representing a 2…

nib (ASX:NHF)'s redemption sways ACCC to drop charges

11 May 2021 - Australian health care fund nib Group (ASX:NIH) has successfully convinced business regulator the ACCC to drop charges against the company in the Federal Court, follo…

APN Property Group (ASX:APD)'s board recommends takeover by Dexus (ASX:DXS)

11 May 2021 - ASX-listed real estate player Dexus (ASX:DXS) has secured unanimous endorsement from APN Property Group (ASX:APD)’s management board to acquire the $201 million prope…

NAB (ASX:NAB) to enhance banking experience for "86 400" seconds a day

11 May 2021 - Banking giant NAB (ASX:NAB) has received the final green light from the Federal Court to proceed with the acquisition of smart bank 86 400.The acquisition is part of …

Prior Page Next Page