Finance News Network

Latest News

Fortescue Metals Group (ASX:FMG) celebrates first ore at Eliwana Mine

09 Dec 2020 - Fortescue Metals Group (ASX:FMG) are celebrating a significant milestone in the development of its iron ore operations in the Pilbara, as the first ore comes through …

Macmahon Holdings Limited (ASX:MAH) signs $250m Foxleigh contract

09 Dec 2020 - Macmahon Holdings Limited (ASX:MAH) has been formally awarded the Foxleigh project after being selected as preferred contractor in October.

Commonwealth Bank of Australia (ASX:CBA) sells BoCommLife for $886 million

09 Dec 2020 - Commonwealth Bank of Australia (ASX:CBA) is set to sell its equity interest in BoCommLife Insurance Company Limited and other divestments.

Kazia Therapeutics (ASX:KZA) see promising data from Phase 1 ovarian cancer trial

09 Dec 2020 - Kazia Therapeutics (ASX:KZA) released data from their phase 1 study of Cantrixil in patients with ovarian cancer.

Link Administration Holdings (ASX:LNK) see fresh proposal from SS&C Technology

08 Dec 2020 - Link Administration Holdings (ASX:LNK) has received a conditional, nonbinding indicative proposal from SS&C Technology Holdings to acquire 100 per cent of the shares …

Gold Road Resources (ASX:GOR) to spend $38 million on Hybrid Energy Microgrid

08 Dec 2020 - Gold Road Resources (ASX:GOR) and Gruyere Mining Company Pty Ltd, are planning power expansion initiatives at the Gruyere Gold Mine, a 50:50 joint venture between Gol…

Redcape Hotel Group (ASX:RDC) to acquire two Queensland hotels

08 Dec 2020 - Redcape Hotel Group Management Ltd, as responsible entity of Redcape Hotel Group (ASX:RDC) is set to buy two Queensland pubs for $27.5 million.

CIMIC Groups (ASX:CIM) UGL wins Gippsland line upgrade

08 Dec 2020 - CIMIC Group’s (ASX:CIM) UGL, as part of an alliance, has been appointed as preferred tenderer by Rail Projects Victoria to improve rail services for Victoria’s Gippsl…

Tabcorp (ASX:TAH) receives $71 million tax hit

07 Dec 2020 - Tabcorp (ASX:TAH) has been hit with a $71 million tax ruling from the Australian Tax Office.

Santos (ASX:STO) inks 10-year LNG deal with Mitsubishi

07 Dec 2020 - Santos (ASX:STO) has inked a 10-year agreement to sell liquefied natural gas (LNG) to a unit of Japan's Mitsubishi Corp from its Barossa project.

Metcash (ASX:MTS) bounces back

07 Dec 2020 - Metcash (ASX:MTS) says its group earnings have increased by 30.4 per cent to $203 million for the first half of the 2021 financial year.

Westpac (ASX:WBC) to sell pacific businesses to Kina Securities

07 Dec 2020 - Westpac (ASX:WBC) will sell its Pacific businesses – Westpac Fiji and Westpac’s 89.91% stake in Westpac Bank PNG Limited – to Kina Securities for up to $420 million.

Cimic Group's (ASX:CIM) AGL secured $112M contract suite

04 Dec 2020 - CIMIC Group’s (ASX:CIM) UGL has secured multi-year contracts in the utilities sector worth over $112 million.

Marley Spoon (ASX:MMM) CEO here to stay

04 Dec 2020 - Subscription-based meal kit provider Marley Spoon (ASX:MMM) has renewed its service agreement with CEO and founder Fabian Siegel.

Beacon Lighting (ASX:BLX) launches property fund

04 Dec 2020 - Beacon Lighting Group (ASX:BLX) has established a property fund and acquired its first property. The Beacon Commercial Property Fund has been established to own sever…

Unibail-Rodamco-Westfield (ASX:URW) 544.9M bond buy back

04 Dec 2020 - Global property giant Unibail-Rodamco-Westfield (ASX:URW) will repurchase 544.9 million Euros worth of bonds, following the tender offer it announced on 25 November 2…

BrainChip Holdings (ASX:BRN) completes the Akida production design

03 Dec 2020 - Artificial intelligence technology company BrainChip Holdings (ASX:BRN) has completed the Akida production design.

The Shaver Shop Group (ASX:SSG) buys six remaining franchise stores

03 Dec 2020 - The Shaver Shop Group (ASX:SSG) has entered a definitive agreement to acquire the six remaining franchise stores in NSW for $13 million plus stock on hand.

Qantas (ASX:QAN) reports rise for Group Domestic capacity for December

03 Dec 2020 - Qantas (ASX:QAN) has started to repair its balance sheet as it sees Group Domestic capacity at 68 per cent of pre-COVID levels for December, rising to nearly 80 per c…

Mesoblast (ASX:MSB) shares soar on FDA approval

02 Dec 2020 - Mesoblast (ASX:MSB) today announced that the United States Food and Drug Administration (FDA) has granted Fast Track designation for remestemcel-L in the treatment of…

Westpac Group (ASX:WBC) to make $275 million on sale to Allianz

02 Dec 2020 - Westpac Group (ASX:WBC) is set to make $725 million from the sale of Westpac General Insurance Limited and Westpac General Insurance Services Limited to Allianz.

Blackmores (ASX:BKL) complete the divestment of Global Therapeautics

02 Dec 2020 - Blackmores (ASX:BKL) have completed the divestment of Global Therapeautics to McPherson’s.

National Australia Bank (ASX:NAB) appoint Les Matheson to its Executive Leadership Team

02 Dec 2020 - National Australia Bank (ASX:NAB) today announced the appointment of Les Matheson to its Executive Leadership Team.

Adore Beauty (ASX:ABY) lifts revenue guidance 1HFY21

01 Dec 2020 - Online cosmetics retailer Adore Beauty (ASX:ABY) has upped its revenue guidance for the first half of 2021 by 7 per cent to %$95.2 million from the prospectus forecas…

McPherson's (ASX:MCP) cuts 1H21 guidance, withdraws full year guidance

01 Dec 2020 - Health and beauty company McPherson's has slashed its first half profit guidance and withdrawn full year guidance after weaker than expected sales in its Chinese join…

Prior Page Next Page