Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

Wall St closes lower, Europe higher on Brexit hopes: Aus share to open higher

08 Oct 2019 - The local sharemarket is poised to open higher, despite stocks closing lower on Wall Street on Monday. New Zealand retirement village operator, Summerset (ASX:SNZ) ha…

AMA Group (ASX:AMA) set to acquire Suncorp’s Capital Smart Repairs Australia

01 Oct 2019 - Automotive accessories giant AMA Group (ASX:AMA) has entered into a binding agreement to acquire Capital Smart Repairs Australia from Suncorp for $420M.

CBA (ASX:CBA) completes Count Financial divestment

01 Oct 2019 - The Commonwealth Bank (ASX:CBA) has today announced the completion of the sale of Count Financial to CountPlus.

Downer (ASX:DOW) wins $200m coal contract

01 Oct 2019 - Contractor Downer EDI (ASX:DOW) has been awarded a two-year contract worth around $200 million to provide mining and related services at the Goonyella Riverside coal …

ISignthis (ASX:ISX) shares up 20% as annualised paydentity GPTV exceed $1.9b in Sep

01 Oct 2019 - Online payments platform ISignthis (ASX:ISX) has had a strong start to the new financial year lifting its Paydentity actual annualised gross processed turnover volume…

Kathmandu (ASX:KMD) to buy Rip Curl for A$350 million

01 Oct 2019 - New Zealand retail giant Kathmandu (ASX:KMD) has announced its acquisition of iconic Australian surf brand Rip Curl and equity raising.

Oil Search (ASX:OSH) appoints Keiran Wulff MD as Botten to retire after 25 years

01 Oct 2019 - Oil Search’s (ASX:OSH) board has selected internal candidate Dr Keiran Wulff to succeed Managing Director Peter Botten, who will retire from the company on 25 August …

Wall St rises on trade optimism: Aus shares to edge higher, RBA meeting ahead

01 Oct 2019 - The local sharemarket is poised to edge higher this morning followed by a solid session in the US on Monday. RBA rate decision ahead. Coles (ASX:COL) strengthens its …

Pioneer Credit (ASX:PNC) posts 76% profit plunge

30 Sep 2019 - Pioneer Credit (ASX:PNC) has announced its net profit (NPAT) has dropped 76 per cent to of $4.3 million for the 2019 full year.

Downer EDI (ASX:DOW) director resigns

30 Sep 2019 - Downer EDI (ASX:DOW) Non-Executive director Annabelle Chaplain will retire at the conclusion of the company’s AGM on 7 November 2019.

CleanTeq’s (ASX:CLQ) Sunrise battery materials FEED project behind schedule

30 Sep 2019 - Metals recovery and industrial water treatment company, Clean TeQ (ASX:CLQ) has announced Front End Engineering and Design (FEED) at its Sunrise project is behind sch…

ResApp (ASX:RAP) flags positive results from prospective at-home sleep apnoea study

30 Sep 2019 - ResApp (ASX:RAP) has flagged top-line results from its prospective, blinded at-home obstructive sleep apnoea study.

Fonterra’s (ASX:FSF) Australian milk production down 8.4% 12 months to July

30 Sep 2019 - Dairy company Fonterra’s (ASX:FSF) Australian milk production decreased 8.4 per cent in July compared to the same period last year. Production for the 12 months to Ju…

Nufarm (ASX:NUF) to offload South American crop business to Sumitomo for $1.18 billion

30 Sep 2019 - Nufarm (ASX:NUF) will sell its South American crop protection and seed treatment operations in Brazil, Argentina, Colombia and Chile ("Nufarm South America") to Japan…

Volatile end to the week on Wall St: Aus shares to open lower

30 Sep 2019 - Australian shares are set to open lower following ongoing trade tensions between the US and China. IOOF (ASX:IFL) subsidiary AET has been found liable for breaching i…

Superloop to raise $90 million and recapitalise existing senior debt

24 Sep 2019 - Superloop (ASX:SLC) has announced a $90 million equity raising at a price of 82 cents a share.

Helloworld acquires TravelEdge Group for $28 million

24 Sep 2019 - Helloworld Travel (ASX:HLO) is set to snap up Australia’s largest privately-owned corporate travel manager, the TravelEdge Group.

Fletcher Building announces director appointment and retirement of Tony Carter

24 Sep 2019 - Fletcher Building (ASX:FBU) has today announced the appointment of Peter Crowley as a non-executive director of the Company effective 1 October 2019.

Summerset purchases land for first Australian village

24 Sep 2019 - New Zealand retirement village operator Summerset (ASX:SNZ) is moving ahead with Australian expansion plans announcing the purchase of land for its first village in A…

Air New Zealand inks deal for eight Boeing 787-10 Dreamliner airplanes

24 Sep 2019 - Air New Zealand (ASX:AIZ) has today announced it has signed contracts to buy eight Boeing 787-10 Dreamliner airplanes.

Tower to acquire Youi NZ insurance portfolio and raise capital

24 Sep 2019 - Tower insurance (ASX:TWR) has inked a deal to acquire Youi NZ insurance portfolio.

US stocks mixed as investors worry over global economy: Aus shares to slip at open

24 Sep 2019 - The Australian sharemarket is poised to slip at the open following weak leads from Wall Street. Echo Resources (ASX:EAR) has released a statement regarding the off-ma…

SUDA Pharmaceuticals (ASX:SUD) oral spray drug delivery

23 Sep 2019 - SUDA Pharmaceuticals Limited (ASX:SUD) Managing Director & CEO, Stephen Carter discusses the company's portfolio and the benefits of reformulating and delivering medi…

Lake Resources (ASX:LKE) completes $2m cap raise

23 Sep 2019 - Lake Resources Limited (ASX:LKE) Managing Director, Steve Prominitz provides an update on progress across the company's project portfolio.

Metals X completes capital raising

23 Sep 2019 - Mining group Metals X (ASX:MLX) has completed its fully underwritten capital raising of $32.7 million at 15 cents per share.

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