Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

Super Retail (ASX:SUL) sales soar 23 per cent

18 Jan 2021 - BSuper Retail Group (ASX:SUL) has posted sales growth of 23 per cent and like-for-like sales growth of 24 per cent for the 26 week period ending 26 December 2020.

Premier Investments (ASX:PMV) CEO Mark McInnes to step down

18 Jan 2021 - Premier Retail (ASX:PMV) Executive Director Mark McInnes will step down after 10 years in the top job.

Wall Street ends a tough week lower: Aus shares to open lower, Chinese GDP figures ahead

18 Jan 2021 - Local shares are set for a weak start this morning. On Friday local shares trimmed a strong intraday rise to close flat. Buy now pay later giant Afterpay (ASX:APT) ha…

Afterpay soars to record high: ASX ends 0.3% higher

14 Dec 2020 - The local sharemarket has started the week on a positive note despite weak leads from Wall Street. The S&P/ASX200 rose 18 points or 0.3 per cent to 6660. Wesfarmers s…

Tech takes charge: Aus shares 0.5% higher at noon

14 Dec 2020 -The S&P/ASX 200 Index is up 0.5 OR 32 points at 6674 Futures are pointing to a rise of 47 points. per cent at points following the first two hours of trade. Tech is le…

Transurban's (ASX:TCL) WestConnex raises $4.2b

14 Dec 2020 - Toll road operator Transurban (ASX:TCL) has raised $4.2 billion in debt as it refinances $4 billion of existing loan facilities.

Cimic Group (ASX:CIM) to launch new buyback of up to 10% of ordinary shares

14 Dec 2020 - CImic Group (ASX:CIM) will launch a further on-market share buy-back of up to 10 per cent of its fully paid ordinary shares for a period of 12 months.

ACCC gives green light to IOOf's (ASX:IFL) proposed takeover of MLC

14 Dec 2020 - The ACCC has given the green light to IOOF’s (ASX:IFL) proposed acquisition of MLC Wealth Management.

Pacific Smiles (ASX:PSQ) ups its FY21 earnings guidance

14 Dec 2020 - Dental practice operator Pacific Smiles (ASX:PSQ) has upped its underlying earnings (EBITDA) growth guidance for the 2021 financial year to a range of 35 per cent to …

Wall Street closes out a losing week: Aus shares to open flat

14 Dec 2020 - Australian shares are set to open flat after following a big week in which shares pushed higher by an iron ore surge but Wall Street see sawed. The S&P 500 fell on Fr…

Iron ore miners and Metcash rally: ASX closes 0.6% higher

07 Dec 2020 - The local sharemarket has advanced for its fifth straight session as strong iron ore prices lifted the mining sector and Metcash jumped by over 10 per cent on strong …

ASX up 0.7% at noon: Metcash and materials lead the way

07 Dec 2020 - The local sharemarket has pulled back slightly but is still higher on the back of rising iron ore prices and record highs on Wall Street. The S&P/ASX200 is up 44 poin…

Tabcorp (ASX:TAH) receives $71 million tax hit

07 Dec 2020 - Tabcorp (ASX:TAH) has been hit with a $71 million tax ruling from the Australian Tax Office.

Santos (ASX:STO) inks 10-year LNG deal with Mitsubishi

07 Dec 2020 - Santos (ASX:STO) has inked a 10-year agreement to sell liquefied natural gas (LNG) to a unit of Japan's Mitsubishi Corp from its Barossa project.

Metcash (ASX:MTS) bounces back

07 Dec 2020 - Metcash (ASX:MTS) says its group earnings have increased by 30.4 per cent to $203 million for the first half of the 2021 financial year.

Westpac (ASX:WBC) to sell pacific businesses to Kina Securities

07 Dec 2020 - Westpac (ASX:WBC) will sell its Pacific businesses – Westpac Fiji and Westpac’s 89.91% stake in Westpac Bank PNG Limited – to Kina Securities for up to $420 million.

RBA keeps rates on hold: ASX closes 1.1% higher

01 Dec 2020 - The local sharemarket finished the first trading day of the new month with a solid gain after balance of payments data indicated an increase in economic growth. The S…

Stocks surge 1.1% at noon: Westpac & CBA face corporate regulators

01 Dec 2020 - The local sharemarket has shrugged off a weak open to record a strong start to December The S&P/ASX200 is up 74 points or 1.1 per cent to 6592. Futures are pointing t…

Adore Beauty (ASX:ABY) lifts revenue guidance 1HFY21

01 Dec 2020 - Online cosmetics retailer Adore Beauty (ASX:ABY) has upped its revenue guidance for the first half of 2021 by 7 per cent to %$95.2 million from the prospectus forecas…

McPherson's (ASX:MCP) cuts 1H21 guidance, withdraws full year guidance

01 Dec 2020 - Health and beauty company McPherson's has slashed its first half profit guidance and withdrawn full year guidance after weaker than expected sales in its Chinese join…

Sky Network Television (ASX:SKT) Chief Executive resigns

01 Dec 2020 - Sky Network Television (ASX:SKT) CEO Martin Stewart is leaving the company to return home to Europe.

Adelaide casino restrictions ease, SkyCity (ASX:SKC) casino capacity increases

01 Dec 2020 - Skycity Entertainment Group’s (ASX:SKC) Adelaide casino is no longer subject to a capacity limit of 100 people per venue as the South Australian government continues …

Dow notches best month since 1987: Local shares to open lower following profit taking in the US

01 Dec 2020 - Local shares are set to edge lower this morning. In the US Wall Street fell amid profit-taking but the but the major averages posted sharp monthly gains. Travelers an…

ASX rises 1.8% to 8 month high: REA Group hits all-time high

09 Nov 2020 - The ASX rallied to an eight-month high on the first day of trading since Joe Biden won the US presidential election. The continuation of last week’s rally in part ref…

Aus shares soar to 8 month high: Joe Biden announced President-elect

09 Nov 2020 - The local bourse has popped at the open, hitting a fresh eight-month high with strong gains across the board. The positive moves come as investors digest news Joe Bid…

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