Finance News Network

News by David Chau

David Chau

Finance News Network

Emerchants enters casino rewards deal with Caesars

04 Oct 2016 - Emerchants Ltd (ASX:EML), enters into multi-year services agreement with Caesars Enterprise Services, LLC and PayWith Worldwide, Inc.

Kazakhstan Potash Corp to buy potash deposit for US$70M

04 Oct 2016 - Kazakhstan Potash Corporation Ltd (ASX:KPC) enters further agreements in relation to its proposed acquisition of Satimola Ltd.

Galaxy Resources progressing with Mt Cattlin Project

04 Oct 2016 - Galaxy Resources Ltd (ASX:GXY) announces Mt Cattlin Project in Ravensthorpe, Western Australia, will begin wet commissioning.

Appen announcse strategic UK acquisition

04 Oct 2016 - Appen Ltd (ASX:APX) acquires the Mendip Media Group to enhance its provision of language services to government clients.

Bradken to be sold for $688M to Hitachi

04 Oct 2016 - Hitachi Construction Machinery Co has launched a takeover offer to acquire mining equipment supplier, Bradken Ltd (ASX:BKN).

Origin Energy to sell Darling Downs pipelines

04 Oct 2016 - Origin Energy Ltd (ASX:ORG) to meet several pipeline owners this week to discuss the sale of Darling Downs gas pipelines.

ASX to slide on open; RBA decision out today

04 Oct 2016 - ASX to slide on open; RBA decision out today. St Barbara Ltd (ASX:SBM) will buy back US$55 million worth of Senior Secured Notes in an effort to further reduce debt.

Mighty Monday finish: Aus shares close 0.78% higher

03 Oct 2016 - Mighty Monday finish: Aus shares close 0.78% higher. National Australia Bank Ltd (ASX:NAB) sells 80% of its life insurance business to the Nippon Life Insurance Compa…

Back in black: Aus shares up 1% at noon

03 Oct 2016 - Back in black: Aus shares up 1% at noon. PolyNovo Ltd (ASX:PNV) to introduce its Biodegradable Temporising Matrix (BTM) to the US market.

Red Friday: Aus shares close 0.65% lower

30 Sep 2016 - Red Friday: Aus shares close 0.65% lower. The Astro Japan Property Group (ASX:AJA) has sold one of its properties in its 29-property portfolio for $6.3 million.

Down again: Aus shares 0.87% lower at noon

30 Sep 2016 - Down again: Aus shares 0.87% lower at noon. Decmil Group Ltd (ASX:DCG) secures three new contracts -- to build an air strip and solar farm.

Plukka Ltd (ASX:PKA) talks FY16 results

29 Sep 2016 - Plukka Ltd (ASX:PKA) Managing Director, Natalia Obolensky, talks FY16 results, its the new 'Plukka Essentials' collection, and New York pop-up store.

Oiled up: Aus shares 0.81% higher at noon

29 Sep 2016 - Oiled up: Aus shares 0.81% higher at noon. Fletcher Building Ltd (ASX:FBU) announces resignation of Chief Financial Officer.

Bendigo and Adelaide Bank buys $1.35B in WA home loans

29 Sep 2016 - Bendigo and Adelaide Bank (ASX:BEN) to purchase $1.35 billion worth of standard residential home loans from the Keystart Housing Scheme Trust.

Touchcorp completes $25.6M equity raising

29 Sep 2016 - Touchcorp Ltd (ASX:TCH) raises $25.6 million by issuing 12.8 million ordinary shares.

DorsaVi awarded manufacturing grant by VIC government

29 Sep 2016 - DorsaVi (ASX:DVL) receives 350,000 grant from the Victorian government to fund new manufacturing technologies.

Programmed earnings to fall by $20M in FY17

29 Sep 2016 - Programmed Maintenance Services Ltd (ASX:PRG) gives downbeat market update, confirming lower earnings for FY17.

Carnegie Wave Energy awarded $2.5M to develop microgrid project

29 Sep 2016 - Carnegie Wave Energy Ltd (ASX:CWE) has been awarded $2.5 million from the Australian Renewable Energy Agency.

Lantern sells Central Hotel for 22% below value

29 Sep 2016 - Lantern Hotel Group (ASX:LTN) has entered a contract to sell its Central Hotel at Bundaberg, QLD, for $1.95 million.

OPEC to cut oil production: ASX to open higher

29 Sep 2016 - OPEC to cut oil production: ASX to open higher. 8I Holdings (ASX:8IH) sells 78.6% of its 49.9% stake in Velocity Holdings Pty Ltd for S$3.1 million.

Karoon acquires Santos Basin stake for US$25M

28 Sep 2016 - Karoon Gas Australia Ltd (ASX:KAR) enters deal to buy Pacific Exploration and Production Corp’s 35% equity stake in the Santos Basin exploration blocks.