Finance News Network

News by David Chau

David Chau

Finance News Network

Sundance being investigated for bribery by AFP

25 Aug 2016 - Sundance Resources Ltd (ASX:SDL) confirms it is being investigated by the Australian Federal Police regarding allegations of bribery in Congo.

South32 profit plunges 5,868%

25 Aug 2016 - South32 Ltd (ASX:S32) reports net loss of US$1.6 billion in FY16.

Woolworths suffers net loss of $1.23B

25 Aug 2016 - Woolworths Ltd (ASX:WOW) reports profit fell 157.5% in FY16, resulting in full year net loss of $1.23 billion.

HIA talks latest AUS property trends

25 Aug 2016 - Dr Harley Dale (Chief Economist of the Housing Industry Association) discusses the latest issues in Australian property, and the impact of the Reserve Bank's record l…

Billabong suffers $23.7M loss due to higher tax

25 Aug 2016 - Billabong International Ltd (ASX:BBG) reports net loss after tax of $23.7 million in FY16.

Breville reports profit up 7.5% to $50.2M

25 Aug 2016 - Breville Group Ltd (ASX:BRG) reports its net profit grew 7.5% to $50.2 million in FY16.

Thursday tumble: Aus shares to open lower

25 Aug 2016 - Thursday tumble: Aus shares to open lower. Wesfarmers Ltd (ASX:WES) announces deal between Bunnings, and Home Consortium for the acquisition of properties in the Mast…

Qube’s revenue falls 8% to $1.3B

24 Aug 2016 - Qube Holdings Ltd (ASX:QUB) reports full-year revenue fell by 8% to $1.3 billion in FY16.

Worleyparsons profit falls 37% to $153.1M

24 Aug 2016 - Worleyparsons Ltd (ASX:WOR) reports full-year underlying NPAT fell 37% to $153.1 million in FY16.

Qantas posts ‘best ever’ full-year profit

24 Aug 2016 - Qantas Airways Ltd (ASX:QAN) reports record full year underlying profit of $1.53 billion, its "best result" ever according to CEO, Alan Joyce.

Murray Goulburn reports 61.2% rise in profit

24 Aug 2016 - Murray Goulburn (ASX:MGC) reports 61.2% increase in after-tax profit, meeting downgraded forecasts.

Bega Cheese profit rises 132%

24 Aug 2016 - Bega Cheese Ltd (ASX:BGA) releases preliminary FY16 results, and reports revenue growth of 7.5% to $1.2 billion.

The a2 Milk Company reports $30.4M net profit

24 Aug 2016 - The a2 Milk Company's (ASX:A2M) financial results improve substantially, with $30.4 million net profit in FY16.

Wednesday outlook: ASX headed for a strong start

24 Aug 2016 - Wednesday outlook: ASX headed for a strong start. Bellamy’s Australia Ltd (ASX:BAL) more than triples full year profit to $38.3 million in FY16.

Healthy Tuesday: Aus shares 0.93% up at noon

23 Aug 2016 - Healthy Tuesday: Aus shares 0.93% up at noon. Vocus Communications Ltd's (ASX:VOC) revenue surged 455% to $830.8 million in FY16.

Prime Media Group revenue falls 7.7%

23 Aug 2016 - Prime Media Group (ASX:PRT) reported its revenue fell 7.7% to $238.8 million in FY16.

Caltex net profit drops 15%

23 Aug 2016 - Caltex Australia Ltd (ASX:CTX) reports net profit drop of 15% to $318 million in the half year ended 30 June 2016.

Kogan sales revenue boosted by Dick Smith

23 Aug 2016 - Kogan.com Ltd (ASX:KGN) reports sales revenue of $211.2 million in FY16 beat its forecast by 5.4%.

Senex Energy posts $33.2M net loss

23 Aug 2016 - Senex Energy Ltd (ASX:SXY) reports statutory net loss of $33.2M in FY16.

The a2 Milk reaffirms partnership with Synlait Milk

23 Aug 2016 - The a2 Milk Company (ASX:A2M) and Synlait Milk have reaffirmed their partnership to manufacture infant formula by entering a minimum 5 year supply deal.

Monadelphous profit falls 36.7% from lower demand

23 Aug 2016 - Monadelphous Group (ASX:MND) reports NPAT drop of 36.7% to $76 million in FY16.

Oil prices & Fed weigh on US; Aus shares to open flat

23 Aug 2016 - Oil prices & Fed weigh on US; Aus shares to open flat. NIB Holdings Ltd (ASX:NHF) announces strongest full year result, with NPAT increasing 22% to $91.8 million.

Market risks and the US Fed

19 Aug 2016 - Antares Fixed Income Fund Investment Manager, Ken Hyman and Portfolio Managers, Tano Pelosi and Mark Kiely discuss market risks, quantitative easing, and the US Feder…

Woodside Petroleum 1H16 profits down from lower oil prices

19 Aug 2016 - Woodside Petroleum Ltd (ASX:WPL) reports 50% fall in net profit to US$340 million in 1H16.

Lendlease profits rise 13% amid rise in settlements

19 Aug 2016 - Lendlease Group (ASX:LLC) announces net profit rose 13% to $698.2 million in FY16.

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