Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

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Westpac announces changes to wealth management division

23 Jul 2018 - Westpac (ASX:WBC) has announced changes to its wealth management division, BT Financial Group.

Wesfarmers provides update on Coles demerger

23 Jul 2018 - Wesfarmers (ASX:WES) has announced the demerger of Coles is expected to be completed in November 2018 subject to shareholder and other approvals.

Newcrest extends alliance with Encounter Resources

23 Jul 2018 - Encounter says the initial 12 month period of the project was highly successful and led to the creation of five separate unincorporated joint ventures between the com…

Weak leads from Wall Street: Aus shares to open lower

23 Jul 2018 - Following weak leads from Wall Street the Australian share market to open in negative territory. Wastewater solutions company, Fluence (ASX:FLC) has announced the app…

ACCC decision on Transurban’s acquisition of WestConnex delayed

19 Jul 2018 - Transurban’s (ASX:TCL) proposed acquisition of the WestConnex motorway in NSW remains up in the air after the ACCC today announced a delay in its decision.

Woodside announces sales revenue of $1.08b for second quarter

19 Jul 2018 - Woodside Petroleum (ASX:WPL) has released its second quarter report announcing production of 22.1 million barrels of oil and sales revenue of $1.08 billion.

ACCC rejects Aurizon’s proposed sale of Intermodal & Acacia Ridge

19 Jul 2018 - The ACCC has rejected Aurizon’s (ASX:AZJ) proposed sale of Queensland Intermodal and the Acacia Ridge terminal.

Santos first half sales rise 16%

19 Jul 2018 - Santos (ASX:STO) has announced an 8 per cent lift in Cooper Basin gas production and a 17 per cent rise in oil production compared to the prior quarter.

South32 announces record performance at Australia Manganese

19 Jul 2018 - South32 (ASX:S32) has achieved record performance at Australia Manganese with a 10 per cent lift in total manganese ore production in Financial Year 18.

HUB24 announces record net inflows for financial year 18

19 Jul 2018 - Portfolio management company, HUB24 (ASX:HUB) has announced record net inflows for financial year 18 of $2.4 billion, an increase of 24 per cent on the prior correspo…

Wall Street mixed: Aus shares set for modest gains

19 Jul 2018 - Australian shares to open modestly higher following a mixed session on Wall Street overnight. CIMIC Group (ASX:CIM) said first half year profit rose by 12%.

Bega to snap up Koroit dairy plant

18 Jul 2018 - Dairy company, Bega Cheese (ASX:BGA) plans to buy the Koroit dairy processing plant from Saputo Dairy Australia for $250 million.

iSignthis announces Mastercard relationship

18 Jul 2018 - Financial services company, iSignthis (ASX:ISX) has today announced the extension of its Mastercard relationship to Australia.

Fairfax enters into printing agreement with News Corp

18 Jul 2018 - Fairfax Media (ASX:FXJ) has today announced it has entered into agreements with News Corp Australia that will see the publishers use each other’s printing networks.

Growthpoint to buy Perth office block for $91.3m

18 Jul 2018 - Growthpoint Properties (ASX:GOZ) has entered into transaction documents for the acquisition of 836 Wellington Street West Perth for over $91 million.

BHP announces record annualised iron ore production rate

18 Jul 2018 - Mining giant, BHP (ASX:BHP) has announced a 6 per cent rise in iron ore production for the 2018 June quarter when compared with the same time last year.

Northern Star resources announces record June Qtr gold production

18 Jul 2018 - Northern Star Reources (ASX:NST) has announced record gold production in the June quarter of almost 184 000 ounces.

Nasdaq hits record high: Aus shares set to rise

18 Jul 2018 - Australian shares are set to lift at the open, bolstered by gains on Wall Street overnight. Mesoblast (ASX:MSB) has inked a deal with Tasly Pharmaceutical Group.

Oil Search total revenue for 2Q down 11%

17 Jul 2018 - Oil Search (ASX:OSH) has announced total revenue for the second quarter declined by 11 per cent on the first quarter to $263 million.

NAB appoints Geoff Lloyd CEO of MLC

17 Jul 2018 - National Australia Bank (ASX:NAB) Group CEO, Andrew Thorburn has announced the appointment of Geoff Lloyd as CEO of wealth management business, MLC.

Saracen Minerals announces record FY18 gold production

17 Jul 2018 - Saracen Minerals (ASX:SAR) has announced record financial year 18 gold production of over 316,000 ounces which is above guidance.

Asaleo Care announces reduction in full year guidance

17 Jul 2018 - Asaleo Care (ASX:AHY) has announced a reduction in full year guidance of $80 to $85 million, from a previous figure of $113 to $119 million for the financial year end…

Rio Tinto 2Q Iron ore shipments +14%

17 Jul 2018 - Mining giant, Rio Tinto (ASX:RIO) has announced iron ore shipments for the second quarter of 2018 were 14 per cent higher than the prior corresponding period at 88.5 …

Perpetual 4Q FUM increase by $0.6b to $30.8b

17 Jul 2018 - Funds manager Perpetual (ASX:PPT) has today announced fourth quarter funds under management increased by $0.6 billion to $30.8 billion.

Wall Street choppy: Aus shares to open lower

17 Jul 2018 - Australian shares look set to open lower. CIMIC (ASX:CIM) announced on Monday that it has been named as the Victorian Government’s preferred party.