Finance News Network

Latest News

AGL (ASX:AGL) to buy Click Energy for $115 million

31 Aug 2020 - AGL Energy (ASX:AGL) has entered into a binding agreement for the acquisition of Click Energy Group, a wholly owned subsidiary of amaysim Australia, for $115 million.

Harvey Norman (ASX:HVN) profit up 19%

28 Aug 2020 - Harvey Norman (ASX:HVN) has announced a 19% rise in reported net profit after tax (and NCI) to around $481 million, bolstered by second half sales growth.

Autosports Group (ASX:ASG) records net loss after tax of $102.4M

28 Aug 2020 - Autosports Group (ASX:ASG) recorded statutory revenue of $1.7 billion, up 1 per cent year on year.

Shine Justice (ASX:SHJ) NPAT up 53.6% YoY

28 Aug 2020 - Shine Justice's (ASX:SHJ) net profit after tax rose 53.6% year on year to $21.55 million.

FlexiGroup (ASX:FXL) raising to finance humm BNPL rebrand

28 Aug 2020 - Diversified payment company, FlexiGroup (ASX:FXL) has raised $79 million after completing the institutional component of its 1 for 3.2 pro rata accelerated non-renoun…

The proposed acquisition of Spotless Laundries majority-owned by Downer EDI (ASX:DOW) raises competition concerns

27 Aug 2020 - The ACCC has identified potential competition concerns with South Pacific Laundry (SPL)’s proposed acquisition of Spotless Laundries, which is part of Spotless Group …

Bega Cheese (ASX:BGA) report strong growth in full year results

27 Aug 2020 - Bega Cheese (ASX:BGA) announced its full year audited results for the financial year ended 30 June 2020 showing statutory profit after tax rose by a huge 384 per cent…

ANZ (ASX:ANZ) announces that Paul OSullivan will succeed David Gonski

27 Aug 2020 - The Board of ANZ (ASX:ANZ) today announced Paul O’Sullivan will succeed David Gonski as the Group’s Chairman at the finalisation of the full year results on 28 Octobe…

Starpharma (ASX:SPL) see revenue rise 142%

27 Aug 2020 - Starpharma (ASX:SPL) report their revenue is up 142 per cent to $6.56 million.

Zip Co (ASX:Z1P) announces partnership with eBay

26 Aug 2020 - Zip Co (ASX:Z1P) has today marked the official launch of Zip Business by partnering with eBay Australia.

Jumbo Interactive (ASX:JIN) reports that Covid restrictions drive players online

26 Aug 2020 - Internet lottery business, Jumbo Interactive (ASX:JIN), today released full year results that are highlighted by growth during a period of lower jackpot activity cycl…

Cooper Energy (ASX:COE) to writedown $108 million

25 Aug 2020 - Cooper Energy (ASX:COE) will writedown the value of its assets by $108 million (before tax).

Mosaic Brands (ASX:MOZ) to close up to 500 stores

25 Aug 2020 - Apparel retailer Mosaic Brands (ASX:MOZ) is getting ready to permanently close up to 300-500 of its stores over the next two years, dependent on leases.

The Scentre Group (ASX:SCG) reports $3.6 billion loss

25 Aug 2020 - The Scentre Group (ASX:SCG) reports a loss of $3.6 billion for the six month period to 30th June.

Rural Funds Group (ASX:RFF) property revenue increase of 8% to $72.0m

25 Aug 2020 - Rural Funds Group (ASX:RFF) has reported an 8 per cent increase in property revenue to $71.98 million with the group continuing to expand its portfolio.

Solid start for new year at Super Retail Group (ASX:SUL) despite fall in profits

24 Aug 2020 - Retailing group Super Retail (ASX:SUL) has reported a 20 per cent slide in profit for the full year after repayments costs related to the company's $62 million underp…

Reliance (ASX:RWC) profit drops as construction slows in key markets

24 Aug 2020 - Plumbing supplies company Reliance Worldwide (ASX:RWC) recorded a 32.7 per cent drop in net profit to $89.4 million for the 2020 financial year.

Fortescue (ASX:FMG) posts record profit, raises dividend

24 Aug 2020 - Fortescue Metals (ASX:FMG) net profit has lifted by 49 per cent for the 2020 financial year. Strong iron ore prices and strong production drove the miners profit to U…

McGrath's (ASX:MEA) profit turns around, CEO departs

24 Aug 2020 - Property agency McGrath (ASX:MEA) has seen a turnaround in its fortunes with net profit swinging from a $9.7 million loss in FY19 to $700 000 this financial year. Ea…

Westpac (ASX:WBC) to divest vendor finance business

21 Aug 2020 - Westpac Banking Corporation (ASX:WBC) has sold its vendor finance business, Strategic Alliances, to Angle Finance.

Redbubble Group (ASX:RBL) posts first EBITDA profit since its IPO

21 Aug 2020 - Redbubble Group’s (ASX:RBL) gross profit rose 42 per cent to $134 million for the year ended 30 June 2020.

a2 Milk (ASX:A2M) lobs NZ$270M offer for NZ facility

21 Aug 2020 - The a2 Milk Company is engaged in exclusive discussions with nutrition dairy business, Mataura Valley Milk with a view to participating in manufacturing at the facili…

Suncorp Group (ASX:SUN) NPAT up 422% YoY

21 Aug 2020 - Suncorp Group net profit after tax was up around 422% year on year to $913 million.

Metcash's (ASX:MTS) acquisition of Total Tools not opposed

20 Aug 2020 - The ACCC will not oppose Metcash’s (ASX:MTS) acquisition of a 70 per cent majority interest in Total Tools Holdings, the franchisor of the Total Tools network.

Coca-Cola Amatil (ASX:CCL) report a loss of $8.7 million

20 Aug 2020 - Coca-Cola Amatil (ASX:CCL) today reported its financial results for the first half of the 2020 financial year reporting statutory net profit after tax was a loss of $…

Prior Page Next Page