Finance News Network

News by Katrina Bullock

Katrina Bullock

Finance News Network

Aurizon (ASX:AZJ) completes sale of Acacia Ridge Terminal: Aus shares gain 1.7% over week

26 Mar 2021 - A strong end to the week for the Australian share market. The ASX 200 index ended the day 0.5 per cent or 34 points higher to finish at 6,824. Over the week, the mark…

TPG founder and chairman resigns: Aus shares 0.5% higher at noon

26 Mar 2021 - The Australian share market rose at the open following positive leads from Wall Street and is tracking 0.5 per cent higher coming into the middle of the session. Sky …

Board terminates Mineral Commodities (ASX:MRC) CEO

26 Mar 2021 - The Board of Mineral Commodities (ASX:MRC) has terminated its CEO Mark Caruso.

Gowing Brothers (ASX:GOW) boosted by Surf Hardware International earnings

26 Mar 2021 - Gowing Brothers (ASX:GOW) says profit after tax for the half year ended 31 January was up 37 per cent to $5 million.

News Corp (ASX:NSW) to purchase digital finance news company for $275 million

26 Mar 2021 - News Corporation (ASX:NSW) has penned a conditional deal to buy Investor’s Business Daily from O’Neil Capital Management for $275 million.

MACA (ASX:MLD) secures $200M contract extension

26 Mar 2021 - Contracting group MACA (ASX:MLD) has secured a hire and maintenance contract for CITIC Pacific Mining Management at the Cape Preston Sino Iron magnetite project.

Global supply chain fears grow as Suez Canal blocked for third day: Aus shares set to open higher

26 Mar 2021 - Wall Street ended higher overnight after the US Department of Labor reported the lowest weekly level of new jobless claims since the onset of the pandemic a year ago.…

KGL Resources (ASX:KGL) raises $21.57M: Aus shares shed 0.9% over week

19 Mar 2021 - Australian shares fell at the open following negative leads from the US overnight. They continued to sink in early trade. The market managed to shrug off weaker than …

Retail turnover falls 1.1% MoM in Feb: Aus shares 0.2% lower at noon

19 Mar 2021 - The Australian share market opened lower and has continued on this trajectory into the mid-session. Energy stocks are dragging on the market despite signs of recovery…

Mortgage Choice (ASX:MOC) renews CEO contract

19 Mar 2021 - Mortgage Choice (ASX:MOC) has renewed the employment contract of its CEO.

Coles (ASX:COL) pledges to go 100% renewable electricity by 2025

19 Mar 2021 - Coles Group (ASX:COL) has pledged to go 100 per cent renewable by 2025.

Telstra (ASX:TLS) to sell Spacetalk (ASX:SPA) Adventurer devices

19 Mar 2021 - Telstra (ASX:TLS) will soon sell Spacetalk (ASX:SPA) Adventurer devices across all its retail stores and online channels in Australia.

Fortescue (ASX:FMG) completes $1.5B bond offering

19 Mar 2021 - Fortescue (ASX:FMG) and its subsidiaries launched a high yield bond offering of US$750 million of senior unsecured notes, which has today been upsized to $US1.5 billi…

US stocks tumble amid inflation concerns: Aus shares to open lower

19 Mar 2021 - Australian futures are indicating a drop at the open. Stocks on Wall Street slumped overnight as US Treasury yields reached some of the highest levels in more than a …

APRA drops Westpac (ASX:WBC) money laundering investigation: Aus market gains 0.8% over week

12 Mar 2021 - It’s been a strong week for the Australian share market. While rising bond yields stunted growth stocks mid-week, the recovering domestic economy helped drive gains. …

Southern Cross Media tumbles on Nine's affiliate deal with WIN: Aus shares 0.95% higher at noon

12 Mar 2021 - The Australian share market opened higher following strong positive leads from Wall Street. The Tech sector is leading the way and the only sector in the red is Consu…

DGR Global (ASX:DGR) pens deal for Auburn Resources to acquire Armours Ripple Resources

12 Mar 2021 - DGR Global (ASX:DGR) has signed a deal with Auburn Resources and Armour Energy (ASX:AJQ) which will see Auburn acquire Armour’s wholly owned subsidiary, Ripple Resour…

New JV and farm-in signed between Agrimins (ASX:AMN) Tali Resources and Rio Tinto (ASX:RIO)

12 Mar 2021 - A farm-in and joint venture agreement has been signed between Tali Resources and Rio Tinto (ASX:RIO).

S&P500 and the Dow reset record highs: Aus shares set to open higher

12 Mar 2021 - The SPI indicates that the Aussie market will rise at the open. This follows a broad rally on Wall Street, bolstered by tech stocks which boosted the S&P500 and the D…

American Pacific Borates (ASX:ABR) suffers loss of over $10.5M for the half

12 Mar 2021 - American Pacific Borates (ASX:ABR) recorded a net loss after tax of over $10.5 million for the half-year ended 31 December 2020.

Elixir Energy (ASX:EXR) struggles as Mongolia coal seam gas exploration continues

12 Mar 2021 - Gas exploration player, Elixir Energy (ASX:EXR) has reported a net loss after tax of over $990,000 for the half year ended 31 December 2020.

Paragon Care (ASX:PGC) 1H21 results & outlook

09 Mar 2021 - Paragon Care Limited (ASX:PGC) CEO Phil Nicholl provides an update on the company's 1H21 results, discussing the increase in elective surgery and higher margin sales …

EcoGrafs (ASX:EGR) WA facility on fast track: Aus shares close 0.7% lower

05 Mar 2021 - The ASX slumped in early trade and a late session recovery wasn’t enough to unwind this morning’s losses. The Aussie market closed out the day 0.7 per cent lower. At …

Tech, Health care and Materials down over 2%: Aus market sheds 1.3% at noon

05 Mar 2021 - Despite a slight bump at the open, the ASX has trended lower during the first 2 hours of trade and is down 1.3 per cent at noon. The Tech, Health care and Materials s…

Costa Group (ASX:CGC) acquisitions

05 Mar 2021 - Fruit and vegetable grower, Costa Group (ASX:CGC) has inked conditional agreements to buy both the farming operations of KW Orchards citrus farm, as well as the EJT c…