Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

GPT FFO results in line with upgraded guidance

11 Feb 2019 - Property trust, GPT Group (ASX:GPT) has reported a net profit (after tax) for the 12 months to December of $1.45 billion increasing 14.5 per cent for the same time la…

Wall Street posts mixed finish: Aus shares set for soft start

11 Feb 2019 - Australian shares are set for a soft start this morning following a mixed session in the US on Friday. Metro Mining (ASX:MMI) has announced the resignation of non-exe…

Coles and Viva enter new fuel deal

06 Feb 2019 - Coles Group (ASX:COL) and Viva Energy (ASX:VEA) have entered into a new alliance agreement until 2029.

Genworth announces FY18 profit down 49%

06 Feb 2019 - Genworth Mortgage Insurance (ASX:GMA) says its reported net profit after tax (NPAT) fell 49 per cent on FY17 to $76 million for the 2018 full year.

Commonwealth Bank half-year profit misses consensus

06 Feb 2019 - Australia's biggest bank, The Commonwealth Bank (ASX:CBA) says its first half 2019 cash net profit (from continuing operations) increased by 8 per cent on the same ti…

Dexus profit falls on back of lower property valuations

06 Feb 2019 - Property trust, Dexus (ASX:DXS) says its net profit after tax (NPAT) fell 27 per cent on 1HFY18 to $726 million for the 2019 first half.

US shares rise ahead of State of the Union: Aus shares to open higher

06 Feb 2019 - Australian shares look set to open moderately higher this morning after Wall Street posted gains overnight. BWP Trust (ASX:BWP) says net profit for the half-year ende…

CIMIC beats full-year profit guidance, flags further rise in earnings

06 Feb 2019 - Construction and engineering firm, CIMIC Group (ASX:CIM) has reported its net profit after tax (NPAT) rose about 11 per cent on 2017 to $781 million for the 2018 full…

Janus Henderson quarterly profit slumps 21 per cent

06 Feb 2019 - Fund Manager Janus Henderson Group (ASX:JHG) says its fourth quarter net income has dropped from US$472 million to US$107 million on a quarter on quarter basis.

LiveTiles to snap up European digital workplace software company

05 Feb 2019 - Global software company, LiveTiles (ASX:LVT) is set to snap up (leading) European digital workplace software company, Wizdom.

CIMIC wins $107m Wagga Wagga Health Works contract

05 Feb 2019 - CIMIC Group's (ASX:CIM) CPB Contractors has been selected by the NSW government to design and construct the Wagga Wagga Health Service Stage 3 Redevelopment Project.

Navitas profit falls 14 per cent to $21 million

05 Feb 2019 - Adult education provider, Navitas (ASX:NVT) has reported its profit after tax fell 14 per cent on HY18 to $21 million for the 6 months to December 31 2018.

NAB CEO cancels long-service leave

05 Feb 2019 - NAB CEO (ASX:NAB) Andrew Thorburn says he has cancelled his planned long-service leave following the release of the final report of the Royal Commission yesterday.

Aus shares to rise: Royal Commission falls short of fears

05 Feb 2019 - Australian shares look set to open strongly higher this morning with the major banks expected to rise after the final report of the Royal Commission was softer than e…

CBA banned from charging service fees

05 Feb 2019 - The corporate regulator has banned the Commonwealth Bank's financial planning arm from charging ongoing service fees.

Westpac says focus on learning from mistakes

05 Feb 2019 - Westpac (ASX:WBC) CEO Brian Hartzer says today's release of the final report of the banking Royal Commission is a turning point in the ongoing rebuild of community tr…

Senex half-year production up 49 per cent

30 Jan 2019 - Oil and gas company, Senex (ASX:SXY) says first half FY19 production is up 49 per cent on the prior corresponding period with increases in both oil and gas production…

OZ Minerals and Red Metal announce Greenfields discovery alliance

30 Jan 2019 - OZ Minerals and Red Metal have formed a joint venture agreement aimed at fast tracking the search for Greenfields discoveries at projects in Queensland and Western Au…

Newcrest Mining posts 7 per cent rise in December quarter gold production

30 Jan 2019 - Newcrest Mining (ASX:NCM) says gold production has risen by 7 per cent for the December quarter compared to the same time last year.

Transurban and Virginia to Invest More Than $1b in Northern Virginia transportation

30 Jan 2019 - Transurban (ASX:TCL) and The Commonwealth of Virginia have inked a deal worth $1 billion to deliver transportation solutions along Interstate 495 and Interstate 95.

Wall St mixed: Aus shares to open higher as investors await CPI figures

30 Jan 2019 - Australian shares are set to open higher this morning as investors await the release of fourth quarter inflation figures. Orion Health (ASX:OHE) has partnered with Ab…

Allensford offer for The Reject Shop extended

30 Jan 2019 - The Allensford takeover offer for The Reject Shop (ASX:TRS) has been extended until March 5 2019 according to a statement released to the ASX last night.

Air New Zealand warns of weaker earnings due to engine troubles

30 Jan 2019 - Air New Zealand (ASX:AIZ) has flagged a fall in revenue growth and profit for the 2019 financial year.

City Chic confirms new employee award agreement

29 Jan 2019 - City Chic Collective (ASX:CCX) has responded to an article in today's Financial Review regarding its enterprise agreement.

BHP says no agreement on Samarco financial obligations

29 Jan 2019 - BHP (ASX:BHP) says it has not reached agreement on the financial obligations of its Samarco joint venture with Brazilian company Vale SA following a 2015 mine disaste…

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