Finance News Network

News by Carolyn Herbert

Carolyn Herbert

Finance News Network

Eroding gains: Aus shares close 0.85% lower

17 Jan 2017 - Eroding gains: Aus shares close 0.85% lower. Benitec Biopharma Limited (ASX:BLT) has announced that the European Commission has granted Orphan Drug Designation to BB-…

The year ahead: What’s in store for the Aussie share market in 2017?

17 January 2017 - Bell Direct Equities Strategist Julia Lee and Fairmont Equities Managing Director Michael Gable talk about the outlook for the Australian share market in 2017 and…

Back in the red: Aus shares 0.78% lower at noon

17 Jan 2017 - Back in the red: Aus shares 0.78% lower at noon. Fortescue Metals Limited (ASX:FMG) has announced that Elizabeth Gaines has been appointed to the company as Chief Fin…

On a roll: Aus shares close 0.48% higher

16 Jan 2017 - On a roll: Aus shares close 0.48% higher. Woolworths Limited (ASX:WOW) has appointed Claire Peters to its top job of Managing Director.

Strong start: Aus shares 0.59% higher at noon

16 Jan 2017 - Strong start: Aus shares 0.59% higher at noon. Duet Group Limited (ASX:DUE) has announced it has entered into a Scheme Implementation Agreement with utilities giant C…

Negative finish: Aus shares close 0.79% lower

13 Jan 2017 - Negative finish: Aus shares close 0.79% lower. Finbar Group (ASX:FRI) says it has received approval for its $108 million Palmyra project in Western Australia.

Friday falls: Aus shares 0.79% lower at noon

13 Jan 2017 - Friday falls: Aus shares 0.79% lower at noon. Sunland Group Limited (ASX:SDG) has announced earnings guidance for the first half of the 2017 financial year of around …

Out of puff: Aus shares close 0.08% lower

12 Jan 2017 - Out of puff: Aus shares close 0.08% lower. Drone manufacturer IOT Group (ASX:IOT) has responded to media reports relating to allegations of conduct by its subsidiary…

Tracking higher: Aus shares 0.21% higher at noon

12 Jan 2016 - Tracking higher: Aus shares 0.21% higher at noon. BHP Billiton Limited (ASX:BHP) has been granted a payment extension relating to the dam disaster at Samarco, Brazil…

In the black: Aus shares close 0.19% higher

11 Jan 2016 - In the black: Aus shares close 0.19% higher. Bellamy’s Australia (ASX:BAL) shares tumble following an updated earnings outlook and board shake up.

Eye on ore: Aus shares 0.43% higher at noon

11 Jan 2017 - Eye on ore: Aus shares 0.43% higher at noon. BHP Billiton Limited (ASX:BHP) chief executives have held talks in the US with President-Elect Donald Trump.

Return to the red: Aus shares close 0.8% lower

10 Jan 2017 - Return to the red: Aus shares close 0.8% lower. REA Group (ASX:REA) has announced its intention to acquire a 14.7 per cent strategic stake in PropTiger, a digital rea…

Market backtrack: Aus shares 0.85% lower at noon

10 Jan 2016 - Market backtrack: Aus shares 0.85% lower at noon. Paladin Energy Limited (ASX:PDN) has entered into a proposal to restructure its balance sheet, which will subsequent…

Bulls charge on: Aus shares close 0.9% higher

09 Jan 2017 - Bulls charge on: Aus shares close 0.9% higher. Webjet Limited (ASX:WEB) has confirmed that the sale of its bookings business Zuji has been completed.

Solid start: Aus shares 0.65% higher at noon

09 Jan 2017 - Solid start: Aus shares 0.65% higher at noon. Michael Hill International Limited (ASX:MHJ) says it continues to grow its total store sales with an increase of 5.7% fo…

Out of puff: Aus shares close 0.28% lower

23 Dec 2016 - Out of puff: Aus shares close 0.28% lower. Charter Hall Long Wale REIT (ASX:CLW) has acquired a $66 million portfolio of 10 industrial properties on a sale and lease…

Feeling flat: Aus shares 0.01 % lower at noon

23 Dec 2016 - Feeling flat: Aus shares 0.01 % lower at noon. Hotcopper Holdings Limited (ASX:HOT) has entered into a 12 month sponsorship agreement with a long standing client for…

Strong finish: Aus shares close 0.54% higher

22 Dec 2016 - Strong finish: Aus shares close 0.54% higher. Watpac Limited (ASX:WTP) expects H1 profit before tax to come in at breakeven.

Rally continues: Aus shares up 0.34% at noon

22 Dec 2016 - Rally continues: Aus shares up 0.34% at noon. Charter Hall Group (ASX:CHC) has increased its Group Funds Under Management by $700 million from net revaluations.

Strong finish: Aus shares close 0.4% higher

21 Dec 2016 - Strong finish: Aus shares close 0.4% higher. Fonterra Shareholders Fund (ASX:FSF) says it has seen decreased milk production in New Zealand, Australia and Europe.

Up again: Aus shares track 0.63% higher at noon

21 Dec 2016 - Up again: Aus shares track 0.63% higher at noon. Lithium Power International (ASX:LPI) says further high grade assets results have been delivered from the fourth dr…

Full steam ahead: Aus shares close 0.52% higher

20 Dec 2016 - Full steam ahead: Aus shares close 0.52% higher. 40 per cent Alumina-owned Alcoa World Alumina and Chemicals, has secured a third party contract to supply approximate…

Up, up and away: Aus shares 0.77% higher at noon

20 Dec 2016 - Up, up and away: Aus shares 0.77% higher at noon. Sydney Airport (ASX:SYD) says international passenger numbers have grown more than 7.5 per cent.

Santa rally: Aus shares close 0.53% higher

19 Dec 2016 - Santa rally: Aus shares close 0.53% higher. Fortescue Metals Group (ASX:FMG) says its joint venture discussions with Vale are progressing slower than originally anti…

Rally continues: Aus shares up 0.63% at noon

19 Dec 2016 - Rally continues: Aus shares up 0.63% at noon. St Barbara Limited (ASX:SBM) says its net-cash position is increasing ahead of a further $20 million buy-back of Senior…

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