Finance News Network

News by Lauren Evans

Lauren Evans

Energy and miners drag ASX lower, down 0.6% over the week

01 Jul 2022 - The Australian sharemarket faded into the close, weighed down by US equity futures in a risk-off afternoon. The greenback rose against the Australian dollar, which h…

Monash IVF (ASX:MVF) to acquire ART Associates Queensland

01 Jul 2022 - Monash IVF (ASX:MVF) is set to acquire ART Associates Queensland in Brisbane for initial cash consideration of $3.9 million.

Stocks of the Hour: Austal, INOVIQ, Australasian Metals

01 Jul 2022 - A snapshot of the stocks on the move featuring Austal (ASX:ASB), Inoviq (ASX:IIQ) & Australasian Metals (ASX:A8G).

Openpay (ASX:OPY) to pause US operations

01 Jul 2022 - Openpay (ASX:OPY) has decided to pause its existing US operations indefinitely and cease loan originations on the Opy USA platform, meaning its US workforce will be m…

Endeavour (ASX:EDV) appoints Dan Murphy's boss

01 Jul 2022 - Endeavour Group (ASX:EDV) has appointed Agnieszka Pfeiffer-Smith (Agi) to take over Alex Freudmann as managing director of Dan Murphy's. Agi is currently the chief st…

ASX snaps four-day winning streak, closes 0.9% lower

29 Jun 2022 -The Australian sharemarket snapped its four-day winning streak although gains in energy, financials and consumer staples helped minimise the fall. At the closing bell,…

Decmil (ASX:DCG) wins $98m contract for Albany project

29 Jun 2022 - Engineering and construction group Decmil (ASX:DCG) has been awarded a $98 million contract to build stage two of the Albany ring road project in Western Australia.

Invex Therapeutics (ASX:IXC) receives approval to commence phase 3 clinical trial

29 Jun 2022 - A regulatory agency has approved Invex Therapeutics’ (ASX:IXC) authorisation to commence the IIH EVOLVE phase 3 clinical trial in the UK, for patients with idiopathic…

SRG Global (ASX:SRG) secures $20m contract in defence sector

29 Jun 2022 - Engineering company SRG Global (ASX:SRG) has secured a $20 million contract in the defence sector with ASX-listed Lendlease as the managing contractor.

Stocks of the Hour: Liontown Resources, Weebit Nano & Winchester Energy

29 Jun 2022 - A snapshot of the stocks on the move featuring Liontown Resources (ASX:LTR), Weebit Nano (ASX:WBT) & Winchester Energy (ASX:WEL).

Star Entertainment (ASX:SGR) names Robbie Cook as CEO

29 Jun 2022 - Star Entertainment (ASX:SGR) has appointed Robbie Cook as its new chief executive officer and managing director. This comes after Tyro Payments (ASX:TYR) announced th…

Best day since January: ASX closes 1.9% higher in broad rally

27 Jun 2022 - The Australian sharemarket had its best day since January after the ASX 200 jumped in a broad rally that lifted all eleven sectors. Financials and energy led the pack…

Pro-Pac (ASX:PPG) downgrades FY22 guidance

27 Jun 2022 - Pro-Pac Packaging (ASX:PPG) has downgraded its profit guidance for the 2022 financial year, largely due to operational issues in the Flexibles business.

Carsales (ASX:CAR) to buy remaining stake in US Trader Interactive

27 Jun 2022 - Carsales.com (ASX:CAR) is set to acquire the remaining 51 per cent stake in US digital marketplace business Trader Interactive for around $1.2 billion (US$809 million…

Lithium miners extend rally, Imugene soars on positive data: ASX up 1.7% at noon

27 Jun 2022 - The ASX has rallied this morning with all eleven sectors in the green. Materials are leading the pack, up 2.6 per cent, followed by energy, up 2.4 per cent. The secto…

Stocks of the Hour: Imugene, Centrepoint Alliance & Tamboran Resources

27 Jun 2022 - A snapshot of the stocks on the move featuring Imugene (ASX:IMU), Centrepoint Alliance (ASX:CAF) & Tamboran Resources (ASX:TBN).

Metcash (ASX:MTS) lifts revenue & profit despite external challenges

27 Jun 2022 - Metcash (ASX:MTS) has reported continued financial growth for the year ending April 30 despite external challenges like supply chain issues, flooding and Covid.

Fleetwood (ASX:FWD) hit by poor weather, labour shortages & cost increases

27 Jun 2022 - Fleetwood (ASX:FWD) is facing project delays after being hit with poor weather on the east coast as well as labour and material shortages, which has resulted in lower…

PointsBet jumps nearly 19%, energy & miners tumble: ASX closes 0.6% lower

20 Jun 2022 - The ASX remained in negative territory throughout the afternoon session as the resources sector continued to weigh. At the closing bell, the S&P/ASX 200 was 0.6% or 4…

Cooper Energy (ASX:COE) confirms equity raising to fund APA acquisition

20 Jun 2022 - Cooper Energy (ASX:COE) is set to acquire APA’s (ASX:APA) Orbost Gas Processing Plant for between $270 million and $330 million.

Iron ore futures drill miners lower, Energy weighs: ASX down 0.8% at noon

20 Jun 2022 - The ASX has fallen mid-morning, weighed down by the resources sector as investors mull on the prospect of tighter financial conditions. S&P 500 contracts turned lower…

Stocks of the Hour: Credit Clear, X2M Connect & Retail Food Group

20 May 2022 - A snapshot of the stocks on the move featuring Credit Clear (ASX:CCR), X2M Connect (ASX:X2M) & Retail Food Group (ASX:RFG).

PointsBet (ASX:PBH) secures $94.2m investment from SIG Sports

20 Jun 2022 - PointsBet (ASX:PBH) has secured a $94.16 million investment from SIG Sports Investment Corp, a member of the Susquehanna International Group (SIG).

ASX tumbles 7.1% over the week, its worst fall since March 2020

17 Jun 2022 - Australian shares sank again this week as recession fears continued to hit financial markets. The ASX 200 had its worst week since the pandemic started in March 2020,…

Tech leads broad sell-off yet gold stocks shine: ASX tumbles, down over 2% at noon

17 Jun 2022 - The ASX has tumbled this morning following Wall Street's fall overnight on heightened recession fears in the US. This comes after a renewed global sell-off as rising …