Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

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Cochlear (ASX:COH) CFO resigns

13 Jul 2020 - Cochlear (ASX:COH) CFO Brent Cubis has resigned from the company to pursue other opportunities.

Australian shares to surge at the open following US gains

13 Jul 2020 - Australian shares are set to to start the week on a positive footing following overseas gains. US stocks rose Friday as news about a potential coronavirus treatment i…

WAM Leaders (ASX:WLE) to pay 3.25 cent final dividend

06 Jul 2020 - Wilson Asset Managements' listed blue chip fund, WAM Leaders has declared a fully franked final dividend of 3.25 cents per share which brings the fund’s full year div…

City Chic (ASX:CCX) says no agreement on US acquisition

06 Jul 2020 - City Chic (ASX:CCX) says there has been no agreement reached on the terms of a possible acquisition in the US.

Mayne Pharma (ASX:MYX) enters long-term supply agreement with Novast Labs

06 Jul 2020 - Mayne Pharma (ASX:MYX) has entered into a long-term supply agreement with Novast Laboratories for 13 US generic oral contraceptive products.

Centuria Industrial (ASX:CIP) valuations rise $21 million

06 Jul 2020 - Centuria Industrial REIT (ASX:CIP) has revalued its property portfolio has increased by $21 million, highlighting the relative strength of industrial property compare…

Local shares tipped to slip: Virus concerns persist

06 Jul 2020 - The local sharemarket looks set to start the new week lower following weak leads from European markets. Wall Street was closed for the Independence day holiday on Fri…

Acorn Capital on investing in resources stocks

24 Jun 2020 - Acorn Capital, portfolio manager Rick Squire talks about the energy and resource sectors, some of the funds best ideas and outlook for commodities and energy prices a…

Immutep (ASX:IMM) global leader in development of LAG 3 Gene immuno-therapies

24 Jun 2020 - Immutep (ASX:IMM) CEO, Marc Voigt provides an update on its clinical trials including metastatic breast cancer (MBC), its global leadership under Chief Scientist and …

Renergen (ASX:RLT) signs LNG deal with Total South Africa

23 June 2020 - Renergen Limited (ASX:RLT) Managing Director Stefano Marani talks about the significance of the company's marketing and distribution agreement with Total South Afric…

Materials lift local bourse as travel stocks head south on COVID-19 resurgence: ASX closes 0.03% higher

22 Jun 2020 - The local share market opened lower this morning, picked up pace at lunchtime and then pared gains in late trade to end the session ever so slightly higher by 0.03 pe…

Banks reverse early falls and gold stocks push higher: ASX lifts 0.1% at noon

22 Jun 2020 - The ASX dropped 49 points at the open but has pared losses as the major banks reverse early falls, and gold stocks push higher. The top 200 is now 0.1 per cent higher…

Transurban (ASX:TCL) says traffic recovering as restrictions ease

22 Jun 2020 - Transurban will pay a 16 cents distribution in the six months to June 30.

Stockland's (ASX:SGP) commercial portfolio book value to fall by 6%

22 Jun 2020 - Property company Stockland (ASX:SGP) says preliminary draft revaluations indicate a reduction in the book value of its portfolio of approximately 6 per cent.

Ramelius Resources (ASX:RMS) upgrades full year production guidance

22 Jun 2020 - Gold miner Ramelius Resources (ASX:RMS) has upgraded its full year production guidance to between 225,000 ounces and 230,000 ounces.

Metcash (ASX:MTS) posts loss for 2020 financial year

22 Jun 2020 - Metcash has posted a statutory loss of $56.8 million for the 2020 financial year. The loss includes an impairment to goodwill and other assets in the first half of 20…

ASX to slide as COVID-19 cases spike: SPI futures 1.3% lower

22 Jun 2020 - The local bourse looks set to start the new week lower following mixed leads from Wall Street. In the US on Friday stocks had a rollercoaster session with the Dow Jon…

Retail sales surge 16% as restrictions ease: Aus shares 1% higher at noon

19 Jun 2020 - The local market opened higher this morning following a mixed session in the US overnight. Aussie shares have clawed back some of yesterday’s falls in the first two h…

Rio Tinto (ASX:RIO) Chairman apologises for destruction at Juukan Gorge, launches heritage review proces

19 Jun 2020 - Rio Tinto Chairman, Simon Thompson has apologised to the traditional owners of Juukan Gorge for its controversial destruction of indigeneous caves at the site in the …

InvoCare (ASX:IVC) completes refinancing of debt facility

19 Jun 2020 - Funeral home operator InvoCare (ASX:IVC) has completed the refinancing of its three-year revolving $200 million debt facility.

Nick Scali's (ASX:NCK) sales orders on the rise expects second half profit lift of 15-20%

19 Jun 2020 - Furniture retailer Nick Scali (ASX:NCK) expects second half profits to be up between 15 per cent to 20 per cent on last year due to cost cutting and government assist…

Sydney Airport (ASX:SYD) traffic for May remains sluggish

19 Jun 2020 - A total of 92,000 passengers passed through Sydney airport in May 97.4 per cent below the 3.51 million recorded in May 2019.

Wall St ends mixed amid COVID-19 spikes, muted data: Aus shares to open lower

19 Jun 2020 - Local shares look set for a weaker start to the day following a mixed finish on Wall Street. Shares in the US had a rather underwhelming session and there seems to be…

ASX on track to snap 6-week winning streak: energy & banks lead the bourse 2.4% lower at noon

12 Jun 2020 - The local bourse is on track to snap a six-week winning streak as a sell-off in bank and energy stocks ramps up. The declines follow a slump in US, European and Asian…

Seven Group (ASX:SVW) will not provide market guidance due to uncertainty

12 Jun 2020 - Seven Group Holdings (ASX:SVW) will not provide revised market guidance at this time due to the uncertainty of current and ongoing COVID-19 measures.