Finance News Network

News by David Chau

David Chau

Finance News Network

Jumbo Interactive expecting huge profit increase

05 Jul 2016 - Jumbo Interactive Ltd (ASX:JIN) expects significant increase in profit, driven by growing customer numbers and a good run of Jackpots.

Alliance Aviation wins 3-year contract extension with South32

05 Jul 2016 - Alliance Aviation Services (ASX:AQZ) signs 3-year contract extension with mining company, South32 to provide air charter services.

Animoca Brands acquires Finnish games company

05 July 2016 - Animoca Brands Corporation Ltd (ASX:AB1) will acquire a mobile games developer based in Finland for upfront consideration of $3.5 million.

Outlook: Aus shares set to open lower

05 Jul 2016 - Aus shares set to open lower. xPed Limited (ASX:XPE) has signed the Sale and Purchase Agreement for its acquisition of JCT Healthcare Pty Ltd and Jackson Care Technol…

Rio Tinto transfers Bougainville Copper shares to trustee

30 Jun 2016 - Rio Tinto Limited (ASX:RIO) transfers 53.8% shareholding in Bougainville Copper Limited (ASX:BOC) to an independent trustee, and ultimately the governments of Bouganv…

Paragon Care expecting stellar earnings in FY2016

30 Jun 2016 - Paragon Care Limited (ASX:PGC) expects NPAT of $6.4 to $6.7 million, a 200% increase compared to FY2015 results.

MMJ Phytotech now a Canadian medical marijuana supplier

30 Jun 2016 - MMJ PhytoTech Limited (ASX:MMJ) has been approved for a licence to cultivate medical marijuana in Canada.

BPS partners with insurance broker to target SMEs

30 Jun 2016 - BPS Technology Ltd (ASX:BPS) to partner with insurance broker, Honan Insurance Group, to offer an online portal in which SMEs can buy insurance products.

Kathmandu expects stronger profit in FY2016

30 Jun 2016 - Kathmandu Holdings Ltd (ASX:KMD) has announced positive earnings guidance for the 2016 FY, but that will depend partly on retail sales in July 2016.

Qantas’ Brexit promo and American Airlines team-up

30 Jun 2016 - Qantas Airways Ltd (ASX:QAN) has announced a post-Brexit promotion – triple Frequent Flyer points for Sydney to London flights.

Outlook: Post-Brexit rebound for Aus shares

30 Jun 2016 - Post-Brexit rebound for Aus shares. Shine Corporate Limited (ASX:SHJ) signs settlement deed in class action against Johnson & Johnson Medical Pty Ltd and and DePuy In…

Vocus purchases Nextgen for $861M

29 Jun 2016 - Vocus Communications Limited (ASX:VOC) to acquire Nextgen Networks and two projects to build submarine communication cables.

TBG Diagnostics acquires Taiwanese bioscience company

29 Jun 2016 - TBG Diagnostics Ltd (ASX:TDL) to buy 51% of the equity in RBC Biosciences for $4.7 million.

Spark NZ completes $200M upgrade to IT platforms

29 Jun 2016 - Spark New Zealand Ltd (ASX:SPK) completes $200 million upgrade to key customer service IT systems after 4 years.

Caltex’s unaudited 2016 HY profit outlook

29 Jun 2016 - Caltex Australia Limited (ASX: CTX) releases unaudited half year profit outlook for 2016.

Billabong sells ‘Sector 9’ business for US$12M

29 Jun 2016 - Billabong International Limited (ASX:BBG) sells its skate hardware brand, Sector 9, for US$12 million to US-based Bravo Sports.

Orion Health expands reach in Abu Dhabi

29 Jun 2016 - Medical tech company, Orion Health Group Ltd (ASX:OHE) to deploy its Enterprise, Consult and Rhapsody solutions at the Oasis Hospital in Abu Dhabi.

Ex Dividends 29th June 2016

29 Jun 2016 - Ex Dividends for the 29th of June 2016.

Outlook: Aus shares set to rebound

29 Jun 2016 - Aus shares set to rebound amid easing Brexit concerns. Webjet Limited (ASX:WEB) completes $72 million equity raising.

Clean TeQ forms water treatment JV in China

28 Jun 2016 - Clean TeQ Holdings Ltd (ASX:CLQ) signs deal with Chinese conglomerate to form water-treatment JV in China.

MMG’s $1B loan revised for QLD mining project

28 Jun 2016 - MMG Limited (ASX:MMG) enters amended loan facility agreement for Dugal River Project, QLD.

Eureka Group buys 3 retirement villages for $6M

28 Jun 2016 - Eureka Group Holdings Ltd (ASX:EGH) buys three Blue Care retirement villages in Queensland for $6 million.

Lithium Australia to develop ‘Sileach’ with Pilbara Minerals

28 Jun 2016 - Lithium Australia NL (ASX:LIT) and Pilbara Minerals (ASX:PLS) to jointly progress the development of Sileach, a new process of recovering lithium carbonate.

Newcrest enters NZ gold exploration deal

28 Jun 2016 - Newcrest Mining Ltd (ASC:NCM) awarded 5-year gold exploration permit in relation to the Rahu Project in NZ.

Evolution Mining announces preliminary FY2016 results

28 Jun 2016 - Evolution Mining Ltd (ASX:EVN) announces preliminary FY2016 results, and appointment of Dr Glen Masterman as Chief Geologist and VP of Discovery.

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