Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

BHP (ASX:BHP) completes Shenzi Transaction

09 Nov 2020 - BHP (ASX:BHP) has completed the transaction to acquire an additional 28 per cent working interest in Shenzi from Hess Corporation for US$505 million.

Jumbo Interactive's (ASX:JIN) UK acquisition reaches earn-out target

09 Nov 2020 - Lotto operator Jumbo Interactive (ASX:JIN) says its UK acquisition of UK lottery provider Gatherwell has exceeded revenue and profit targets to trigger the first earn…

Summerset (ASX:SNZ) Chief Executive announces retirement, new Chief Executive appointed

09 Nov 2020 - Chief Executive, Julian Cook, today announced his retirement from Summerset (ASX:SNZ) after more than 10 years and seven as Chief Executive.

Karoon Energy (ASX:KAR) completes Bana acquisition

09 Nov 2020 - Karoon Energy’s subsidiary, Karoon Petróleo & Gás has completed the acquisition of the Baúna oil field located in the Santos Basin, offshore Brazil.

Local shares set to rise: Joe Biden declared US election winner

09 Nov 2020 - Local shares are on track to start the week in positive territory after Joe Biden was declared winner of the US presidential election over the weekend. In the US on F…

BluGlass (ASX:BLG) operational update

04 Nov 2020 - BluGlass Limited (ASX:BLG) Managing Director and CEO Giles Bourne discusses the company's contract with DARPA and Yale University, and development of its laser diode …

Building approvals give the market a boost: ASX ends 0.4% higher

02 Nov 2020 - The local share market has finished a choppy session in the green, recouping some of its losses from Friday. But there could be more volatility ahead this week as inv…

Local shares seesaw to 0.2% gain: Building approvals skyrocket in September

02 Nov 2020 - The local share market has kicked off the week on a positive note despite weak leads from the US and increasing nervousness around the US election. The S&P/ASX200 is …

Lovisa (ASX:LOV) to shut 64 stores across Europe and the UK

02 Nov 2020 - Lovisa (ASX:LOV) will shut 64 stores across Europe and the UK as a result of fresh lockdowns introduced by the French and British government.

Seek (ASX:SEK) says Blue Orca report inaccurate and unsubstantiated

02 Nov 2020 - Seek (ASX:SEK) says a short-selling report from Blue Orca Capital contains many inaccurate statements and makes allegations of a very serious nature that are unsubsta…

CSRs (ASX:CSR) profit slides 15%

02 Nov 2020 - Building products supplier CSR’s (ASX:CSR) net profit slid 15 per cent to $58.7 million for the six months to September when compared to the year earlier period.

IAG (ASX:IAG) restructures CEO exits

02 Nov 2020 - IAG’s (ASX:IAG) Australian CEO Mark Milliner will leave the company at the end of November as it splits its Australian business into two arms – Direct Insurance Austr…

Aus shares to rise: Westpac post 66% fall in net profit

02 Nov 2020 - Local shares are set to rise this morning despite a tech rout on Wall Street last Friday. In the US stocks fell on Friday, putting the lid on a difficult week in whic…

Novatti Group (ASX:NOV) quarterly update, September 2020

28 Oct 2020 - Novatti Group Limited (ASX:NOV) CEO, Peter Cook, provides the September 2020 Quarterly Update on the company, discussing integration of its Emersion acquisition, Visa…

Banks & miners weigh, Coca Cola pops 16.3%: ASX finishes 0.2% lower

26 Oct 2020 - The local share market has finished the session lower. The S&P/ASX 200 Index dropped 11.4 points, or 0.2 per cent, to 6156, declining for a third straight session. It…

Takeover bids help ASX take off: Aus shares 0.4% higher at noon

26 Oct 2020 - The local share market has kicked off the week on a positive note with help from a couple of takeover bids. The S&P/ASX 200 is up 0.4 per cent or 22 points at 6189. T…

Zip Co (ASX:Z1P) snaps up Urge Holdings for $3 million

26 Oct 2020 - Zip Co (ASX:Z1P) has bought Sydney-based technology company, Urge Holdings for $3 million.

Carlyle & Pacific Equity Partners up offer for Link (ASX:LNK)

26 Oct 2020 - Carlyle Group and Pacific Equity Partners have upped their offer for Link Administration Holdings to a cash price of $5.40 per share.

Westpac (ASX:WBC) reveals $1.2b hit to second-half results

26 Oct 2020 - Westpac (ASX:WBC) has revealed new charges and provisions worth more than $800m that will combine with previously-announced Austrac penalty matters to take a $1.2bill…

Coca Cola (ASX:CCL)receives $9.3b takeover bid from Coca Cola European Partners

26 Oct 2020 - Coca Cola Amatil (ASX:CCL) has received a non-binding indicative proposal from Coca Cola European Partners (CCEP) of $12.75 cash per share for the acquisition of all …

IVE Group (ASX:IGL) inks deal with Australian Community Media

26 Oct 2020 - IVE Group (ASX:IGL) has inked a long-term contract with Australian Community Media (ACM) which is expected to generate revenues of $100 million over the five-year ter…

Coca-Cola Amatil gets $12.75 a share cash bid from Coca-Cola European Partners: Aus shares to open higher

26 Mon 2020 - Local shares are set to rise despite a mixed finish on Wall Street on Friday. It was a choppy day of trade as investors continued to monitor developments in talks ove…

Aussie market finishes in the red: BHP, CSL and CBA offset Afterpay's gains

20 Oct 2020 - The local sharemarket has finished Tuesday's session in the red. The ASX 200 closed 0.7 per cent or 45 points lower at 6185.BHP, CSL and CBA offset gains in Afterpay.…

Afterpay breaks through $100 a share mark: local shares 0.4% lower in choppy trade

20 Oct 2020 - Local shares opened lower this morning and following a choppy morning of trade the ASX 200 is down 0.4 per cent or 26 points to 6204. Futures are 3 per cent lower.

Lovisa (ASX:LOV) online sales up 400% on pcp

20 Oct 2020 - Lovisa (ASX:LOV) says its sales are continuing to recover through the first few months of the financial year, with its online business seeing triple digit growth.

Prior Page Next Page