Finance News Network

News by Liz Pal

Liz Pal

Finance News Network

Aussie dollar rises: Aus shares close 0.17% lower

14 Dec 2017 - Despite rallying at the open, the local bourse closed just below the line today. Aussie dollar continues to climb, which was supported by positive ABS employment news…

Westfield owns Wednesday: Aus shares 0.14% higher

13 Dec 2017 -The local bourse opened strong, lost steam and closed flat. Frank Lowy sells shopping centre empire for $32b. Pilbara Minerals (ASX:PLS) reports new discoveries at Pil…

Losing steam: Aus market shares close 0.23% lower

05 Dec 2017 - Aus shares close lower. Telcos, Consumer Dictionaries and Utilities held their head above water, with JB Hi-Fi (ASX:JBH) and Harvey Norman (ASX:HVN) rising more than …

Market Wrap: Sluggish start to the week, Aus shares close 0.19% lower

20 Nov 2017 - The local bourse opened in the red, clawed back some of its early losses but it wasn’t enough save the market from closing in negative territory. Utilities leading t…

Thematic Thursday: Aus shares close 0.1% higher

19 Oct 2017 - The Australian share market has had a positive day of trade today, despite retreating throughout the afternoon. Materials slipping the most. Westpac (ASX:WBC) will ap…

Wednesday Wrap: Mining giants make headlines, Aus shares close 0.01% higher

18 Oct 2017 - Local bourse recovered from subdued start but plateaued just after midday. BHP (ASX:BHP) reported its quarterly production results. Crown Resorts (ASX:CWN) is rejecti…

Monash IVF appoints new CEO and Managing Director

18 Oct 2017 - Mr David Morris has been appointed new Chief Executive Officer and Managing Director of Monash IVF Group (ASX:MVF).

Afterpay sees strong quarterly sales, positive outlook FY18

18 Oct 2017 - Afterpay Touch Group (ASX:APT) reported strong quarterly sales of $367m up from $271m from the 4th quarter of 2017.

Bass Metals steps closer to buying high-grade lithium project

18 Oct 2017 - Bass Metals (ASX:BSM) has completed due diligence of a potentially high-grade lithium project in Madagascar.

Rio Tinto: US Securities and Exchange Commission files complaint

18 Oct 2017 - Rio Tinto (ASX:RIO) has been served a complaint by the US Securities and Exchange Commission (SEC) in relation to disclosures and timing of its Mozambique Coal impair…

Terrific Tuesday: Aus shares close 0.73% higher

17 Oct 2017 - Australian market continued to rise throughout the day with Materials leading the charge. ANZ (ASX:ANZ) has sold their OnePath pensions and wealth business to IOOF (A…

Materials leading at Midday, Aus shares up 0.8%

17 Oct 2017 - Aus shares market continues to rally, materials and financials leading the charge. Eden Innovations (ASX:EDE) has extended their first bulk agreement with Valley Pres…

Stellar start to the week: Aus shares close 0.56% higher

16 Oct 2017: Strong start to the week, with positive gains across the board. The big miners propped up the market, with Rio Tinto (ASX:RIO) leading the charge. Wesfarmers (ASX:WES)…

Market Wrap: Positive end to the week, Aus shares up 1.04%

06 Oct 2017 - Aus market plays catch-up to a strong end to the week. Telcos and Materials performing well, Telstra (ASX:TLS), BHP (ASX:BHP) and Rio Tinto (ASX:RIO) closed higher. F…

Choppy Thursday: Aus shares close 0.01% lower

05 Oct 2017 - Positive end to the day amidst low ABS retail sales figures. Info tech and consumer staples led the sectors, with Telcos going the other way. Enice Holding Company (A…

Midday: Yo-yo start to Thursday, Aus shares 0.14% higher at noon

05 Oct 2017 - Aus market opened higher following positive US leads. ABS releases International Trade and Retail Sales figures for August. EML Payments (ASX:EML) has inked a multi-y…

TopBetta reports quarterly turnover of $54.62 million

05 Oct 2017 - TopBetta (ASX:TBH) has reported strong quarterly results: turnover up 29 per cent and active users jump 20 per cent to 10,904 users.

Yojee signs Tasman Logistics Services

05 Oct 2017 - Yojee (ASX:YOJ) has signed the company’s first digital transformation package with Australian bulk freight industry leader.

Plymouth Minerals partners with Chinese lithium producer

05 Oct 2017 - Plymouth Minerals (ASX:PLH) enters into an alliance with Shandong Ruifu of China, for its San Jose Lithium-Tin project.

Global Geoscience Confirms High-Grade Mineralisation

05 Oct 2017 - Global Geoscience (ASX:GSC) has confirmed high-grade mineralisation at its Nevada US, Rhyolite Ride Lithium-Boron Project.

MMJ PhytoTech shares Harvest One Cannabis news

05 Oct 2017 - MMJ PhytoTech (ASX:MMJ) has announced Harvest One Cannabis operation update on Satipharm. Key updates include the receipt of a German ‘Free Sales Certificate.’

Phoslock commences largest ever project

05 Oct 2017 - Phoslock Water Solutions Limited (ASX:PHK) has announced it will shortly commence its largest ever remediation project.

Market Wrap: Mid Week Dive, Aus shares close 0.86% lower

04 Oct 2017 - Negative day of trade for the Australian share market. All sectors back pedaled today with Utilities, REITS and Energy taking the biggest hit. PropertyLink (ASX:PLG) …

Flat end to week: ASX200 0.2% higher on Friday

29 Sep 2017 - Positive end for the Australian share market. Consumer Staples and REITS leading the charge as the strongest sector. Centuria’s Industrial REIT (ASX:CIP) has grown it…

Oroton Group reports 10% dip annual sales

29 Sep 2017 -Oroton Group (ASX:ORL) has announced the company’s annual financial results, with a 10 per cent dip in revenue reporting an NPAT loss of $14.3 million.