Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

Tech rally continues, GDP figures due: Aus shares to open higher

06 Jun 2018 - Australian shares are set for a stronger open today, following a mixed session on Wall street. The tech heavy Nasdaq closed at a record high, led by gains in Amazon a…

Metro Mining receives first sales revenue following bauxite shipment

04 Jun 2018 - Metro Mining (ASX:MMI) says its received the first sales revenue following the arrival in china of two shipments of bauxite.

Watpac hits back at media reports

04 Jun 2018 - Watpac (ASX:WTP) has hit back at media reports which claimed Watpac directors who backed the company’s takeover by BESIX would benefit financially as a result of the …

Commonwealth Bank to pay $700M AUSTRAC fine

04 Jun 2018 - The Commonwealth Bank (ASX:CBA) has agreed to pay a $700 million fine in relation to breaches of anti-money laundering and counter-terrorism financing laws.

Bubs says it will at least double revenue with $17M deal

04 Jun 2018 - Bubs Australia (ASX:BUB) says it will at least double revenue with a $17 million dollar deal with New Times Asia.

Vicinity announces sale of up to $1B shopping centres

04 Jun 2018 - Real estate investment trust company, Vicinity Centres (ASX:VCX) has announced plans for the sale of up to $1 billion of sub-regional and neighborhood shopping centre…

Cromwell property group announces board changes

04 Jun 2018 - Real estate investment manager, Cromwell Property Group (ASX:CMW) has announced the retirement of non-executive director, Andrew Konig effective immediately.

Jobs report lifts Wall Street: Aus shares to open higher

04 Jun 2018 - The Australian share market looks set to open higher this morning following a rebound on Wall Street on Friday. Markets shrugged off fears of a trade war after a stro…

Cash Converters announces underwritten $40M entitlement offer

30 May 2018 - Cash Converters (ASX:CCV) has announced an underwritten entitlement offer to raise around $40 million.

REA Group receives ACCC approval for Hometrack purchase

30 May 2018 - REA Group (ASX:REA) has received ACCC approval for its planned acquisition of property data services firm Hometrack.

Wisetech acquires US transport solution provider for $2.1M

30 May 2018 - Wisetech Global (ASX:WTC) has announced the acquisition of SaaS Transportation.

ANZ sells OnePath Life NZ to Cigna Group for NZ$700M

30 May 2018 - ANZ Bank (ASX:ANZ) has announced the sale of OnePath Life NZ to New Zealand insurance specialist, Cigna Corp for NZ$700 million.

Telix announces research collaboration with Osaka University

30 May 2018 - Telix Pharmaceuticals (ASX:TLX) has announced a research collaboration with Osaka University.

Yancoal pre-pays $US450M in loans to reduce existing debt liabilities

30 May 2018 - Yancoal (ASX:YAL) has today pre-paid $US450 million in loans to Bank of China and China Construction Bank under its Syndicated Facility Agreement.

US stocks sink amid political turmoil: Aus shares to drop at open

30 May 2018 - Australian shares are set to drop at the open following falls on US and European markets overnight. Home retailer Adairs (ASX:ADH) has announced that non-executive di…

Retail Food Group CEO exits, replaced by Richard Hinson

29 May 2018 - Retail Food Group (ASX:RFG) has announced the departure of CEO Andre Nell.

Mesoblast & Cartherics to develop off the shelf cancer treatment

29 May 2018 - Cellular medicine company, Mesoblast (ASX:MSB) has partnered with Cartherics to develop an off the shelf treatment for solid cancer.

South32’s new copper-gold project with Ausquest

29 May 2018 - Mining company South32 (ASX:S32) has announced a deal with Ausquest for a new copper-gold project in Peru.

Helloworld Travel renews Travellers Choice contract

29 May 2018 - Australian and New Zealand travel company Helloworld Travel (ASX:HLO) has announced the renewal of its collective purchasing agreement with Travellers Choice.

Tegel shareholders receive takeover document

29 May 2018 - Shareholders of New Zealand poultry producer Tegel (ASX:TGH) have received a takeover document from Bounty Holdings following a takeover notice last month.

Galaxy’ Resources inks deal to sell tenements for $280M

29 May 2018 - Galaxy Resources (ASX:GXY) has inked a $280 million dollar deal to sell a package of tenements to South Korean steel-maker Posco.

Wall Street closed: Aus shares to extend losses

29 May 2018 - Australian shares are set to fall at the open, amid continuing weakness in oil and a quiet overnight session. The takeover of Viralytics (ASX:VLA) by global pharmaceu…