Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

Wall St posts solid gains on trade war resolution hopes: Aus shares to open higher

01 Jul 2019 - Australian shares look set to rise on the first day of the new financial year bolstered by news China and the US will restart talks aimed at resolving an ongoing trad…

Resolute Mining to list on London Stock Exchange, publishes prospectus

18 Jun 2019 - Resolute Mining (ASX:RSG) has today announced the UK Financial Conduct Authority (FCA) has approved publication of the Company’s Prospectus in support of the intentio…

Webjet unveils blockchain innovations

18 Jun 2019 - Digital travel business Webjet (ASX:WEB) has unveiled its two recent blockchain innovations, Rezchain and Rezpayments.

Incitec Pivot Chairman to retire

18 Jun 2019 - Incitec Pivot (ASX:IPL) has today announced that Mr Paul Brasher will retire as Chairman and as a non-executive director at the end of the month.

Macmahon to snap up underground contractor GBF Group

18 Jun 2019 - Mining services company Macmahon Holdings (ASX:MAH) has inked a deal to acquire 100 per cent of underground contractor GBF Group.

Coles eyes $1b in cost cuts by 2023

18 Jun 2019 - Coles (ASX:COL) is set to cut costs, optimise its store network and increase sustainability in a structural overhaul following its $20 billion demerger from Wesfarmer…

Bluescope Steel lowers earnings guidance on back of weaker US steel margins

18 Jun 2019 - BlueScope Steel (ASX:BSL) has lowered its FY19 underlying earnings (EBIT) guidance to $1.35B, which is 6 per cent higher than the year earlier period but is below pre…

Wall St makes modest gains, investors await Federal Reserve meeting: Aus shares to open flat

18 Jun 2019 - Australian shares are poised for a lacklustre start following modest gains on Wall Street overnight. Independence Group (ASX:IGO) subsidiary, Independence Newsearch h…

St Barbara hits annual production record, Atlantic shareholders to vote on takeover

17 Jun 2019 - St Barbara (ASX:SBM) has hit an annual production record at its PNG Simberi site after exceeding the previous record of 134,661 ounces of gold. The gold miner now exp…

Pilbara Minerals Pilgangoora production and sales update

17 Jun 2019 - Pilbara Minerals (ASX:PLS) has announced record production at its Pilgangoora Lithium-Tantalum Project in Western Australia.

AGL abandons Vocus bid

17 Jun 2019 - AGL (ASX:AGL) has abandoned its $3 billion bid for telecommunications company Vocus just days after entering into due diligence.

Cochlear receives FDA tick of approval for Nucleus Profile Plus Series

17 Jun 2019 - Cochlear (ASX:COH) has today announced that it has received US Food and Drug Administration approval for its new Nucleus Profile Plus Series implant.

ANZ NZ CEO departs following Board concerns about personal expenses

17 Jun 2019 - ANZ (ASX:ANZ) New Zealand CEO David Hisco will leave the after an internal review raised concerns about certain expenses.

McMillanShakespeare’s UK asset and broking businesses hit by soft market conditions

17 Jun 2019 - McMillanShakespeare (ASX:MMS) has today announced its UK asset management and broking businesses have been impacted by soft market conditions and increased competitio…

Chipmakers weigh on Wall Street: Aus shares to defy leads and open slightly higher

17 Jun 2019 - Australian shares are set to open the week slightly higher despite weak leads from Wall Street. US sharemarkets eased on Friday, stocks fell after a sharp decline in …

Hazer Group (ASX:HZR) - hydrogen & graphite from hydrocarbons

14 Jun 2019 - Hazer Group Limited (ASX:HZR) Managing Director & CEO Geoff Ward discusses the company's hydrogen and graphite production technology, progress towards first commercia…

AUSTRAC orders external audit of Afterpay

13 Jun 2019 - Financial crime watchdog, AUSTRAC has ordered Afterpay (ASX:APT) to appoint an external auditor to investigate it's compliance with money laundering and terrorism fin…

ACCC flags concerns about proposed takeover of Ruralco

13 Jun 2019 - Australia's antitrust regulator has raised concerns over whether the proposed takeover of Ruralco Holdings (ASX:RHL) by Nutrien could reduce wholesale competition and…

Carsales pursuing sale of it’s 50.1% stake in Stratton Finance

13 Jun 2019 - Online automotive marketplace, carsales (ASX:CAR) is pursuing the sale of it 50.1 per cent interest in vehicle finance broking business Stratton Finance.

CBA announces divestment of financial advice business

13 Jun 2019 - The Commonwealth Bank (ASX:CBA) has today entered into an agreement to sell its financial advice businsess Count Financial to ASX-listed accounting firm CountPlus for…

Northern Star Resources announces two new board appointments

13 Jun 2019 - Northern Star Resources (ASX:NST) has today announced the appointment of Mary Hackett and Nick Cernotta as Non-Executive Directors, effective from 1 July 2019.

Wesfarmers flags slowing sales growth for Kmart

13 Jun 2019 - Wesfarmers (ASX:WES) retailer Kmart has experienced slowing sales growth over the second half of the 2019 financial year.

Tech puts the brakes on Wall Street’s June rally: Aus shares set for flat start

13 Jun 2019 - Australian shares are set for a flat start following weak leads from Wall Street. Rio Tinto (ASX:RIO) has released an audit of its global tailings dams around the wor…

New 11.5 year high on scrapping Mexico tariffs: Aus shares 1.3% higher at noon

11 Jun 2019 - The Australian share market opened higher and has continued to gain momentum setting a new 11.5 year high. The Star Entertainment Group (ASX:SGR) is down 17.1 per cen…

Shine and Slater & Gordon dismiss merger speculation

11 Jun 2019 - Shine Corporate (ASX:SHJ) and Slater and Gordon have hit back at media speculation regarding a merger between the two listed law firms.

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