Finance News Network

News by David Chau

David Chau

Finance News Network

Spirit Telecom acquires Phone Names for $4.2M

08 Dec 2016 - Spirit Telecom Ltd (ASX:ST1) acquires Phone Names Marketing Pty Ltd, a business with clients including Dominos, Harvey Norman and Vodafone.

Iluka Resources completes merger with Sierra Rutile

08 Dec 2016 - Iluka Resources Ltd (ASX:ILU) confirms its merger with rival company Sierra Rutile Ltd is now complete.

Santos announces new capital management strategy

08 Dec 2016 - Santos (ASX:STO) outlines its new strategy to reduce net debt at Investor Day.

Creso Pharma delivers hemp protein shipment to Slovakia

08 Dec 2016 - Creso Pharma Ltd’s (ASX:CPH) subsidiary, Hemp-Industries, delivers 700 kilogram shipment of hemp protein to one of the largest bakeries in Slovakia.

Wall Street posts new record highs: ASX to surge on open

08 Dec 2016 - Wall Street posts new record highs: ASX to surge on open. Rhinomed (ASX:RNO) enters into distribution and supply agreement with the Linde Group and its Australian sub…

Ariadne to sell Secure Parking for $75 million

08 Dec 2016 - Ariadne Australia Ltd (ASX:ARA) enters into conditional contract to sell 50% of its stake in parking business, Secured Parking.

Tomizone expands Wi-Fi across more Sydney ferries

08 Dec 2016 - Tomizone Ltd (ASX:TOM) expands Wi-Fi offering to fifteen additional vessels in the Harbour City Ferries fleet.

QMS acquires stakes in media companies for $22.4M

07 Dec 2016 - QMS Media Ltd (ASX:QMS) expands digital outdoor media portfolio by acquiring a number of companies in the sports-venue advertising segment for $22.4 million.

Blue Sky acquires $400M office tower in New York

07 Dec 2016 - Cove Property Group, which is 38% owned by Blue Sky Alternative Investments (ASX:BLA), has completed an acquisition of an eight-storey office tower in Manhattan, New …

Big Four Banks to raise lending interest rates

07 Dec 2016 - Commonwealth Bank and ANZ Bank are expected to raise their lending interest rates, following Westpac and NAB's lead.

IRESS introduces new mortgage software to UK Bank

07 Dec 2016 - IRESS (ASX:IRE) provides new mortgage software to UK’s first digital only bank, Atom Bank.

Post-US election still going strong: ASX to open higher

07 Dec 2016 - Post-US election still going strong: ASX to open higher. H2-Pharma acquires the exclusive rights to distribute fifteen products from Mayne Pharma Group (ASX:MYX).

Iluka Resources’ merger with Sierra Rutile to proceed

07 Dec 2016 - Iluka Resources (ASX:ILU) and Sierra Rutile merger expected to close today.

CIMIC to defend class action in Federal Court

07 Dec 2016 - Plaintiff law firm, Maurice Blackburn, files class action against construction and engineering giant, CIMIC Group Ltd (ASX:CIM).

RBA decides: interest rates on hold at 1.50% in December

06 Dec 2015 - The Reserve Bank of Australia maintains official cash rate at 1.50% in December.

Tuesday turnaround: ASX up 0.71% at midday

06 Dec 2016 - Tuesday turnaround: ASX up 0.71% at midday. Lendlease Bouygues Joint Venture gives notice to UGL Ltd (ASX:UGL) regarding termination of NorthConnex Project Alliance A…

Vocus Communications partners with Alcatel Submarine Networks

06 Dec 2016 - Vocus Communications (ASX:VOC) signs deal with Alcatel Submarine Networks to build the Australia Singapore Cable.

Cimic’s Thiess extends diamond operations in Botswana

06 Dec 2016 - Cimic Group Ltd’s (ASX:CIM) mining services contractor, Thiess, secures a new two-year contract with Debswana Diamond Company’s Jwaneng mine in Botswana.

BHP wins 60% stake in Mexican oil field

06 Dec 2016 - BHP Billiton (ASX:BHP) wins bid to acquire 60% stake in the Trion oil field, located in the Gulf of Mexico.

Origin Energy to spin-off oil and gas business

06 Dec 2016 - Origin Energy Ltd (ASX:ORG) announces plans to divest its conventional oil and gas assets into a spin-off company, Newco.

ASX to rebound: US & Europe unfazed by Italian election

06 Dec 2016 - ASX to rebound: US & Europe unfazed by Italian election. Telstra (ASX:TLS) appoints Robyn Denholm as its new chief operations officer.

Beach Energy signs gas supply deal with Adelaide Brighton

06 Dec 2016 - Beach Energy Ltd (ASX:BPT) signs gas sales agreement with Adelaide Brighton Cement Limited.

Digimatic teams up with Australia Post for pilot program

06 Dec 2016 - Digimatic Group Ltd (ASX:DMC) partners with Australia Post for pilot program – to create an Australian Pavilion in the Lazada Marketplace.

Italy and NZ PMs resign: ASX 0.78% lower at midday

05 Dec 2016 - Italy and NZ PMs resign: ASX 0.78% lower at midday. Murray Goulburn (ASX:MGC) and Mead Johnson Nutrition mutually agree to terminate negotiations in regards to infant…

Liquefied Natural Gas obtains US approval for Magnolia Project

01 Dec 2016 - Liquefied Natural Gas Ltd (ASX:LNG) obtains approval to export LNG from Magnolia facility to countries that have not entered a free trade agreement with the United St…

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