Finance News Network

News by Roma Christian

Roma Christian

Finance News Network

GUD Holdings reports $7.3M NPAT loss in FY17

27 Jul 2017 - GUD Holdings (ASX:GUD) reports a $7.3 million net loss after tax in fiscal year 2017.

Kogan.com to market ‘Kogan Insurance’ range

27 Jul 2017 - Kogan.com Limited enters into an agreement with The Hollard Insurance Company, to offer a range of insurance offerings under ‘Kogan Insurance’.

Cedar Woods’ MD to retire in September, COO to succeed

27 Jul 2017 - Cedar Woods Properties (ASX:CWP) announces Managing Director Paul Sadleir will retire, and will be succeeded by COO, Mr Nathan Blackburne.

Fortescue Metals quarterly iron ore shipment 44.7M tonnes

27 Jul 2017 - Fortescue Metals Group (ASX:FMG) has advised its iron ore shipment for the June quarter was 44.7 million tonnes.

Aurizon advises $836M unaudited EBIT & transformation costs

27 Jul 2017 - Aurizon Holdings (ASX:AZJ) advises an unaudited FY2017 EBIT of $836 million, which is line with estimates provided in April 2017.

Fonterra increases farmgate milk price forecast by 25 cents

27 Jul 2017 - Fonterra Co-operative Group Limited (ASX:FSF) increases its forecast of Farmgate Milk Prices by 25 cents, for the upcoming 2018 season. It comes on the back of rising…

Fed holds rates steady, Dow closed at record high: ASX to open flat

27 Jul 2017 - Fed holds rates steady, Dow closed at record high: ASX to open flat. SMS Management & Technology (ASX:SMX) has advised that the Supreme Court of Victoria has ordered …

Vicinity Centres announces up to 5% on-market securities buy-back

25 Jul 2017 - Vicinity Centres (ASX:VCX) announces an on-market buy-back, of up to five percent, of Vicinity’s issued ordinary securities.

Site Group signs MOU for English-learning conferences in Asia

25 Jul 2017 - TESOL Asia, a division of Site Group International (ASX:SIT) signs a MOU for a series of branded English-learning conferences in Asia.

Super Retail converts Amart Sports into Rebel stores

25 Jul 2017 - Super Retail Group (ASX:SUL) will convert its Amart Sports stores into Rebel sports stores, by 31 October 2017.

Mitula Group reduces revenue forecasts by about $5M

25 Jul 2017 - Mitula Group (ASX:MUA) reduces its full year revenue forecasts by about $5 million, to be between $34 million and $36 million.

Templeton Global outperforms past year benchmark by 8%

25 Jul 2017 - Templeton Global Growth Fund (ASX:TGG) outperforms its benchmark by 8 per cent for the past year, as at 30 June 2017.

Tian An Australia receives indicative proposal about off-market takeover

25 Jul 2017 - Tian An Australia (ASX:TIA) receives an incomplete, non-binding & indicative proposal about a proportional off-market takeover from Oasis Star.

Nasdaq closes at record high: ASX to open higher

25 Jul 2017 - Nasdaq closes at record high: ASX to open higher. Phylogica Limited (ASX:PYC) appoints Mr Kevin Hart as Company Secretary and Chief Financial Officer, replacing retir…

Kingsgate discovers new silver zone in Chile

17 Jul 2017 - Kingsgate Consolidated (ASX:KCN) discovers new zone of silver mineralisation, at its Nueva Esperanza precious metals project in Chile.

Zicom jointly invests $2M in med-imaging start up

17 Jul 2017 - Zicom Group (ASX:ZGL) in partnership with SPRING Singapore, invests $2 million in medical imaging software startup, Pellucid Networks.

Village Roadshow invests $1M in Linius

17 Jul 2017 - Village Roadshow (ASX:VRL) invests $1 million via the private placement of ordinary shares, to Linius (ASX:LNU) for its anti-piracy solutions.

Sino Gas signs 1 yr fixed price sales agreement

17 Jul 2017 - Sino Gas (ASX:SEH) signs a one year fixed price gas sales agreement with Chinese-based, Shanxi GuoHua Energy.

Generation Healthcare compulsory unit acquisition completed

17 Jul 2017 - Generation Healthcare REIT (ASX:GHC) advises compulsory acquisition of its outstanding units, has been completed, by NorthWest.

United Overseas expects $34M profit decrease

17 Jul 2017 - United Overseas Australia (ASX:UOS) advises its group consolidated operating profit, is expected to be $34 million lower than recorded on 30 June 2016.

S&P 500 & Dow close at record high: Aus shares to open higher

17 Jul 2017 - S&P 500 & Dow close at record highs: Aus shares to open higher. ERM Power (ASX:EPW) has announced that Founder and non-executive director, Mr Trevor St Baker, has res…

Carnegie Clean Energy receives $850k in grant funding

13 Jul 2017 - Carnegie Clean Energy (ASX:CCE) receives about $850,000 in grants, for its Australian and European-based government funded energy projects.

Centuria Property acquires $150M assets & announces capital raising

13 Jul 2017 - Centuria Metropolitan REIT (ASX:CMA) entity Centuria Property Funds enters into agreements to purchase $150 million of commercial office assets.

Pushpay completes US$25M bookbuild

13 Jul 2017 - Pushpay Holdings (ASX:PPH) successfully completes the bookbuild for its US$25 million private placement.

Champion Iron secures $180M debt financing

13 Jul 2017 - Champion Iron (ASX:CIA) secures USD$180 million of debt financing conditional commitments, to restart its Bloom Lake Iron Ore Mine in Fermont, Quebec.