Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

New Century completes acquisition of Century Zinc Mine

28 Feb 2018 - Mineral exploration company New Century Resources (ASX:NCZ) has completed a transaction to acquire a 100 per cent interest in the Century Zinc Mine in Queensland.

Australian share market rally continues: ASX 0.6% higher at noon

27 Feb 2018 - The Australian share market climbed at the open following positive leads from Wall Street and is now tracking steady at noon. The index is above 6000 points and has h…

Iluka announces net loss but rise in earnings

27 Feb 2018 - Iluka Resources (ASX:ILU) has reduced its net loss from $224 million to $172 million for the year to December 2017.

Costa results cream of the crop

27 Feb 2018 - Fresh produce company Costa Group Holdings (ASX:CGC) has reported its net profit after tax (NPAT-S) before SGARA and material items rose about 15 per cent to $29 mill…

Caltex full year results marginally above guidance

27 Feb 2018 - Caltex (ASX:CTX) has reported its replacement cost operating profit rose 18 per cent to $621 million for the 2017 full year.

Southern Cross Electrical Engineering revenue soars

27 Feb 2018 - Southern Cross Electrical Engineering (ASX:SXE) has announced an underlying net profit after tax (NPAT) of $4.6 million for the half year to December 2017.

Wall Street higher: Aus market rally to continue

27 Feb 2018 - Following positive leads from US markets, the Australian share market looks set to open higher. The S&P 500 gained for third consecutive day and the Dow climbed to it…

Rio receives $345 million dollar offer from Hydro

27 Feb 2018 - Rio Tinto (ASX:RIO) has received a $345 million dollar offer from Hydro to acquire its ISAL smelter in Iceland.

Apollo Tourism & Leisure announces stellar half year results

27 Feb 2018 - Tourism company Apollo Tourism & Leisure (ASX:ATL) has reported its net profit after tax (NPAT) rose about 349 per cent to $16 million for the half year to December 2…

Ardent says theme parks showing improving trends

26 Feb 2018 - The owner of Dreamworld and other leisure assets Ardent Leisure Group (ASX:AAD) has reported a net loss after tax of 15.6 million for the half year to December 2017.

Monash says fall in profit in line with guidance

26 Feb 2018 - IVF clinic and fertility program company Monash (ASX:MVF) has reported a 21 per cent fall in profit before tax to $12 million for the half year to December 2017.

Ausdrill on track to deliver 2018 earnings guidance

26 Feb 2018 - Exploration company Ausdrill (ASX:ASL) has reported a 168 per cent rise in profit after tax to $35 million for the half year to December 2017.

Amaysim will not declare interim dividend for 2018

26 Feb 2018 - Telco service provider Amaysim (ASX:AYS) has reported a 28 per cent fall in underlying net profit after tax to $7.5 million for the half year to December 2017.

QBE says net loss reflects cost of catastrophes

26 Feb 2018 - QBE Insurance Group (ASX:QBE) has reported a statutory net loss after tax of $US 1.25 billion compared with a net profit of $844 million for the 2016 financial year.

Bluescope profits down but revenue up

26 Feb 2018 - BlueScope Steel (ASX:BSL) has reported a fall in underlying net profit to $321 million for the half year to December 2017.

Wall Street rallies: Aus shares poised to open higher

26 Feb 2018 - Following positive leads from US markets, the Australian share market looks set to open higher. US tech stocks rallied on Friday with Intel, Microsoft and Cisco among…

APA’s profit down but revenue up

21 Feb 2018 - Natural gas and electricity company Australian Pipeline Group (ASX:APA) has reported its net profit after tax (NPAT) decreased 11 per cent to $124 million for the hal…

Stockland’s profit down on last year

21 Feb 2018 - Property development company Stockland (ASX:SGP) has reported its net profit after tax (NPAT) decreased 2.6 per cent to $684 million dollars for the half year to Dec…

Wesfarmers results beat expectations

21 Feb 2018 - Wesfarmers (ASX:WES) has reported its net profit after tax fell 3 per cent to $1.5 billion dollars for the half year to December 2017.

Fortescue’s profit and revenue down

21 Feb 2018 - Mining company Fortescue Metals Group (ASX:FMG) has reported its net profit after tax (NPAT) decreased 44 per cent to USD$681 million for the half year to December 20…

Wall St falls: Australian shares poised to open lower

21 Feb 2018 - The U.S. markets halted a six-day rally as disappointing results from Walmart weighed on major indicies as the dollar pushed higher. Technology was the best performin…

BHP’s profit down due to US company tax cuts

21 Feb 2018 - BHP (ASX:BHP) has reported its net profit after tax fell 37 per cent to US$2 billion dollars for the half year to December 2017

Independence Group’s profits fall due to asset depreciation

21 Feb 2018 - Mining and exploration company Independence Group (ASX:IGO ) has reported its net profit after tax (NPAT) decreased by 84 per cent to $3.2 million for the half year t…

Investa’s results down for 1HY18

20 Feb 2018 - Real estate trust company Investa (ASX:IOF) has reported its net profit after tax (NPAT) fell 33 per cent to $151 million dollars for the half year to December 2017.

Seven West Media holds FY guidance but HY revenue dips

20 Feb 2018 - Seven West Media (ASX:SWM) has reported its net profit after tax (NPAT) rose to $100 million for the half year ended December 2017.

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