Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

Nufarm announces glyphosate suspension overturned

04 Sep 2018 - Nufarm (ASX:NUF) has confirmed that the Brazilian court has now overturned an earlier ruling that had suspended the sale of the products containing glyphosate in Braz…

Oz Minerals raises Eloise investment and expands activity scope

04 Sep 2018 - Oz Minerals (ASX:OZL) and joint venture partner Minotaur Exploration are set to expand exploration activity across their Eloise joint venture in Queensland.

Bubs Australia CEO to step down

04 Sep 2018 - Bubs Australia (ASX:BUB) has announced CEO, Nicholas Simms is stepping down, but will remain with the company until October 2018 when his contract ends.

Suncorp to sell its Australian life insurance business

04 Sep 2018 - Suncorp (ASX:SUN) has today confirmed it will sell its Australian life insurance business to TAL under the share sale deed for around $735 million.

Wall Street closed: Aus shares set to open flat ahead of RBA policy decision

04 Sep 2018 - Australian shares look set to open flat ahead of the latest RBA policy meeting. Mirvac (ASX:MGR) has snapped up an office building in Melbourne for $122m.

Bega's acquisitions weigh on FY18 profit

29 Aug 2018 - Bega Cheese (ASX:BGA) has reported its net profit (NPAT) fell 79 per cent on the previous year to just under $29 million for this financial year.

Boral posts 49% jump in full-year profit

29 Aug 2018 - Boral (ASX:BLD) has reported its net profit (NPAT) increased 49 per cent on the same time last year to $441 million for this financial year.

Independence Group posts record revenue and underlying earnings

29 Aug 2018 - Independence Group (ASX:IGO) has reported a 210 per cent increase in net profit (NPAT) to $53 million for the 2018 financial year.

Chalmers posts FY18 $573k loss

29 Aug 2018 - Chalmers (ASX:CHR) has reported a net loss of $573,000 for the 2018 financial year, a slump of over 200 per cent on last year.

Virgin Australia nosedives into the red with $653m loss

29 Aug 2018 - Virgin Australia (ASX:VAH) has reported statutory loss after tax of $653 million for the 2018 financial year.

Vista posts 20% rise in 1H18 revenue

29 Aug 2018 - Vista Group (ASX:VGL) has reported a 37 per cent lift in operating profit to $11 million for the first half of 2018.

Wall Street posts gains: Aus shares to defy leads and open lower

29 Aug 2018 - Sharemarkets lifted to new record highs for a third consecutive session on trade expectations yesterday. Prime Media Group has announced losses have increased to $12.…

Nufarm welcomes US Department of Agriculture approval for Nuseed

28 Aug 2018 - Nufarm (ASX:NUF) has welcomed an announcement by the United States Department of Agriculture (USDA) that it has deregulated Nuseed’s proprietary omega-3 canola for cu…

Caltex 1H18 profit almost flat, rises 1%

28 Aug 2018 - Caltex (ASX:CTX) has reported its NPAT for the six months to June rose 1 per cent on the same time last year to $296 million.

Bravura Solutions says strong demand boosts revenue by 15%

28 Aug 2018 - Bravura Solutions (ASX:BVS) has reported a 27 per cent increase in net profit (NPAT) to $27 million for the 2018 full year.

Regis announces record net profit after tax of $174m

28 Aug 2018 - Regis Resources (ASX:RRL) has reported a 26 per cent increase in profit after tax to $174 milion for the 2018 financial year.

Specialty Fashion House reports $9.3 loss following divestment of 5 of 6 brands

28 Aug 2018 - Specialty Fashion House (ASX:SFH) has reported a loss of $9.3 million for the 2018 financial year.

Blackmores announces record sales and 19% profit growth for full year

28 Aug 2018 - Blackmores (ASX:BKL) has reported a bumper net profit (NPAT) result of $70 million, a 19 per cent lift on the prior year.

US, Mexico reach NAFTA deal Wall Street surges: Aus shares to open higher

28 Aug 2018 - Australian shares to open higher after stocks on Wall Street surged overnight. Mirvac Group (ASX:MGR) has received an A- stable rating from Fitch.

Strong earnings results help market rebound: Aus shares 0.1% higher at noon

15 Aug 2018 - Aus shares recover early losses, slightly higher at noon. Seek (ASX:SEK) has reported its net profit after tax (NPAT) dropped about 84 per cent on FY17 to $53.2millio…

Computershare FY18 profit rises 12.6%

15 Aug 2018 - Computershare (ASX:CPU) has reported its net statutory profit after tax (NPAT) rose about 12.6 per cent on FY17 to $300 million for the 2018 financial year. The resul…

IAG posts slight fall in net profit

15 Aug 2018 - IAG Insurance Australia (ASX:IAG) has reported its net profit after tax (NPAT) fell about 0.6 per cent on FY17 to $923 million for the 2018 financial year.

Fairfax posts net loss of $63.8m

15 Aug 2018 - Fairfax (ASX:FXJ) has reported net loss after tax of $63.8 million for the 2018 financial year.

CSL full year net profit jumps 28 per cent

15 Aug 2018 - CSL (ASX:CSL) has reported its net profit after tax (NPAT) rose about 28 per cent on FY17 to $1.7 billion for the 2018 financial year.

Wesfarmers full year profit drops 58% to $1.97b

15 Aug 2018 - Wesfarmers (ASX:WES) has reported its net profit after tax (NPAT) fell about 58.3 per cent on FY17 to $1.197 billion for the 2018 financial year.

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