Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

Transurban FY18 statutory profit jumps 124%

07 Aug 2018 - Transurban Group (ASX:TCL) has announced its statutory profit from ordinary activities after tax increased by 124 per cent to $468 million for the year ended 30 June.

Amcor to acquire Bemis Co

07 Aug 2018 - Amcor (ASX:AMC) has announced it will acquire US competitor Bemis Co in an all-stock combination valued at US$6.8 billion.

Wesfarmers to sell interest in Bengalla coal mine for $860m

07 Aug 2018 - Wesfarmers (ASX:WES) has today announced it will sell its 40 per cent interest in the Bengalla joint venture thermal coal mine project to partner New Hope Corporation…

Shopping Centres Australasia Full Year profit falls 45 per cent

07 Aug 2018 - Shopping Centres Australasia Property Group (ASX:SCP) has announced its net profit after tax (NPAT) dropped about 45 per cent on FY17 to $175 million for the 2018 fin…

US stocks rise for third day, iron ore price surges: Aus shares to open higher

07 Aug 2018 - US stocks rise Aus shares to open higher. Berkshire Hathaway lifted financial shares. Eclipx Group has downwardly revised its net profit guidance for Financial Year …

Downer signs 3 year contract with Cobar Management

06 Aug 2018 - Downer EDI (ASX:DOW) has today announced it has signed a three year mining contract with Cobar Management worth $120 million.

Seek FY18 results at top end of guidance range

06 Aug 2018 - Seek (ASX:SEK) has today announced its unaudited financial year 18 results will be at the top end of its guidance range.

Vicinity to establish $1b wholesale property fund with Keppel Capital

06 Aug 2018 - Vicinity Centres (ASX:VCX) has today announced plans to establish a $1 billion wholesale property fund with Asian asset manager, Keppel Capital.

Atlas Iron extends Hancock Offer

06 Aug 2018 - Atlas Iron (ASX:AGO) has today announced the extension of the takeover offer for the company by Hancock Prospecting through its wholly owned subsidiary Redstone Corpo…

Breville Group appoints Martin Nicholas CFO

06 Aug 2018 - Breville Group (ASX:BRG) has today announced the appointment of Martin Nicholas as Group Chief Financial Officer.

Galaxy Resources POSCO transaction ahead of schedule

06 Aug 2018 - Galaxy Resources (ASX:GXY) has announced that its agreement with POSCO for the sale of a package of tenements in Argentina’s Catamarca province is now ahead of schedu…

Wall Street finishes week in the green: Aus shares to rise

06 Aug 2018 - Aus shares to open higher on back of Wall St gains & surge in base metals prices. Rural Funds Group (ASX:RFF) has announced the successful completion of its fully und…

Genworth Mortgage Insurance net profit down 53%

01 Aug 2018 - Genworth Mortgage Insurance (ASX:GMA) has announced its reported net profit after tax for the first half of 2018 fell by 53 per cent to $42 million compared to the sa…

BWP Trust net profit falls 47% 1H18

01 Aug 2018 - BWP Trust (ASX:BWP) has announced net profit for the six months to June 2018 declined from $150 million to $80 million.

Oil Search’s Agogo production facility resumes operations

01 Aug 2018 - Oil and gas company, Oil Search (ASX:OSH) has advised that its Agogo production Facility in PNG has resumed operations.

CIMIC Group wins US$310 million in mineral processing contracts in South Africa

01 Aug 2018 - CIMIC Group’s (ASX:CIM) mineral processing company, Sedgman has been awarded US$310 million in mineral processing contracts in South Africa.

Xero announces acquisition of Hubdoc

01 Aug 2018 - Xero (ASX:XRO) has today announced the acquisition of data capture software company, Hubdoc.

Unibail-Rodamco-Westfield to sell four shopping centres in Spain

01 Aug 2018 - Unibail-Rodamco-Westfield (ASX:URW) has announced the sale of four shopping centres in Spain.

Reports of trade talks between US & China boost Wall St: Aus shares to open higher

01 Aug 2018 - Australian shares to lift after stocks rose on Wall Street on reports that China and the US are seeking trade talks. Incitec Pivot (ASX:IPL) has extended its cont…

Village Roadshow completes retail component of fully underwritten entitlement offer

31 Jul 2018 - Village Roadshow (ASX:VRL) has today announced the successful completion of the retail component of its fully underwritten entitlement offer.

Origin’s FY18 revenue up 42%

31 Jul 2018 - Origin Energy (ASX:ORG) has reported a 42 per cent increase in revenue for Australia Pacific LNG over the 2018 financial year.

Bubs Australia net sales jump more than 620%

31 Jul 2018 - Bubs Australia (ASX:BUB) has announced quarter 4 net sales rose 620 per cent to $8.5 million when compared with the same time last year.

Senex announces a fully underwritten $150 million debt facility

31 Jul 2018 - Senex Energy (ASX:SXY) has today announced it has entered into a fully underwritten $150 million debt facility to fund the development of its Surat Basin gas projects…

Flight Centre signs Letter of Intent with Serko

31 Jul 2018 - Flight Centre Travel Group (ASX:FLT) has signed a letter of intent with online travel booking company, Serko (ASX:SKO).

Fonterra Shareholders Fund Aus milk production up 3%

31 Jul 2018 - Dairy Co-operative, Fonterra Shareholders Fund (ASX:FSF) has reported its total New Zealand milk production was flat for the 12 months to June compared to the same ti…

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