Finance News Network

News by David Chau

David Chau

Finance News Network

Cue Energy announces Maari oil field shut-in

24 Nov 2016 - Cue Energy (ASX:CUE) announces the operator of the Maari oil-field, OMV New Zealand, has ceased oil production and is de-manning the Maari wellhead platform until it …

Thursday outlook: ASX to open flat

24 Nov 2016 - Thursday outlook: ASX to open flat. Beach Energy (ASX:BPT) announces new appointments, including Mike Dodd as its new Chief Operating Officer.

Programmed profit soars after acquiring Skilled

23 Nov 2016 - Programmed Maintenance Services Ltd (ASX:PRG) returns to profit after acquiring the ‘Skilled’ labour hire business, according to half-year results ending 30 September…

Elders buys further 10% stake in Elders Insurance

23 Nov 2016 - Elders Ltd (ASX:ELD) enters contract with QBE to acquire from it an additional 10% stake in Elders Insurance (Underwriting Agency) Pty Ltd.

Onevue Holdings enters unit registry deal with NAB

23 Nov 2016 - National Australia Bank Asset Servicing outsources the provision of unit registry services to Onevue Holdings Ltd (ASX:OVH).

Northern Minerals picks Sinosteel as EPC Contractor

23 Nov 2016 - Northern Minerals Ltd (ASX:NTU) signs non-binding Memorandum of Understanding (MOU) with Sinosteel Equipment & Engineering Co Ltd.

Downer EDI closes contract for $2B HCMT project

23 Nov 2016 - Evolution Rail, a consortium comprising Downer EDI (ASX:DOW) achieves contractual close on the Victorian Government's $2 billion High Capacity Metro Trains project.

CIMIC’s Thiess expands contract for Indonesian coal mine

23 Nov 2016 - CIMIC Group Ltd’s (ASX:CIM) mining services provider, Thiess, has secures 5-year contract extension at the Melak Coal Mine in East Kalimantan, Indonesia.

Wall Street soars to new highs: ASX to open higher

23 Nov 2016 - Wall Street soars to new highs: ASX to open higher. NetComm Wireless (ASX:NTC) signs contract with NBN Co as part of the national broadband network roll-out.

Kidman Resources plans to sell Burbanks gold mine for $4.5M

22 Nov 2016 - Kidman Resources Ltd (ASX:KDR) signs binding Heads of Agreement to sell its Burbanks gold mine for $4.5 million to Resources & Energy Group Ltd (ASX:REZ).

Afterpay partners with Country Road Group

22 Nov 2016 - Afterpay Holdings Ltd (ASX:AFY) partners with Country Road Group in the lead-up to the Christmas shopping season.

TechnologyOne profit increases 16% from SaaS revenues

22 Nov 2016 - TechnologyOne (ASX:TNE), announced full year NPAT rose 16% to $41.3 million, due to SaaS increasing by more than 100%.

Beston signs two distribution deals in Vietnam

22 Nov 2016 - Beston Global Food Company (ASX:BFC) enters distribution agreements with two companies in Vietnam.

Monadelphous secures new contracts worth $200M

22 Nov 2016 - Monadelphous Group Ltd (ASX:MND) secured additional work across broad range of industries worth $200 million.

Fisher & Paykel announces 26% profit increase

22 Nov 2016 - Fisher & Paykel Healthcare's (ASX:FPH) net profit after tax rises 26% to NZ$78.2 million in the half year ending 30 September 2016.

Tuesday outlook: Higher oil prices to boost Aus shares

22 Nov 2016 - Tuesday outlook: Higher oil prices to boost Aus shares. German competition regulators grant approval for proposed takeover of Sierra Rutile Ltd by Iluka Resources Ltd…

Boart Longyear profit rises 50% in Sep quarter

17 Nov 2016 - Boart Longyear (ASX:BLY) reported its revenue fell 6% to $12 million in the third quarter of 2016.

CSG lowers EBITDA guidance to $38M - $42M

17 Nov 2016 - CSG (ASX:CSV) reaffirms revenue guidance, but EBITDA now likely to be lower at $38M to 42M.

Rio Tinto sacks senior executives, Davies and Valentine

17 Nov 2016 - Rio Tinto (ASX:RIO) sacks its Energy & Minerals chief executive, Alan Davies, and Legal executive, Debra Valentine.

Santos farms-in to PNG exploration licence

17 Nov 2016 - Santos (ASX:STO) signs contract to farm-in for a 20% stake in a Papua New Guinea petroleum prospecting licence, PPL402.

James Hardie profit lifted in 2Q17 and 1H17

17 Nov 2016 - James Hardie Industries plc (ASX:JHX) announces its profit rose 14% in 2Q17, and 10% in 1H17.

Wesfarmers announces Coles-Citi credit card deal

17 Nov 2016 - Wesfarmers Ltd (ASX:WES) announces Coles has entered a 10-year contract with global credit card provider, Citi.

Thursday: ASX to tumble at start of trade

17 Nov 2016 - Thursday: ASX to tumble at start of trade. Wesfarmers (ASX:WES) responds to recent media speculation that it is planning to sell its its coal assets.

Energy excels: Aus shares 0.18% higher at noon

16 Nov 2016 - Energy excels: Aus shares 0.18% higher at noon. Integral Diagnostics (ASX:IDX) renews and expands its contract with Western Australian Country Health Services to prov…

GrainCorp profit down 3% due to external headwinds

16 Nov 2016 - GrainCorp Ltd (ASX:GNC) reported that its statutory NPAT was $31 million in FY16 – a $1 million drop compared to its FY15 result.

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