Finance News Network

News by David Chau

David Chau

Finance News Network

Quintis’ MD quits to be part of takeover offer

29 Mar 2017 - Frank Wilson, the managing director of Quntis (ASX:QIN), resigns suddenly to potentially partner with “unnamed international corporation” for takeover offer.

Sydney Airport CEO announces retirement

29 Mar 2017 - Kerrie Mather announces she will retire as Managing Director and CEO of Sydney Airport (ASX:SYD).

Global equities bounce-back: Aus shares to lift on open

29 Mar 2017 - Global equities bounce-back: Aus shares to lift on open. Regeneus Ltd (ASX:RGS) obtains its first patent in China for stem cell secretions technology.

Best day of 2017 (so far): ASX closes 1.3% higher

28 Mar 2017 - Best day of 2017 (so far): ASX closes 1.3% higher. Myer (ASX:MYR) claims it does not know why its share price surged yesterday, and is unaware of “potential corporate…

Defying negative global leads: ASX up 0.98% at noon

28 Mar 2017 - Defying negative global leads: ASX up 0.98% at noon. Southern Cross Media Group (ASX:SXL) reaches in-principle agreement to sell its northern NSW TV assets to the WIN…

Orthocell granted Singapore patent for ‘CelGro’

28 Mar 2017 - Orthocell Ltd (ASX:OCC) receives additional Singapore patent for its CelGro regenerative medical device.

Tox Free’s Barrow Island contract ended by Chevron

28 Mar 2017 - Chevron informs Tox Free Solutions (ASX:TOX) its waste management services on Barrow Island will cease in three months’ time.

Oroton releases “very disappointing” 1H17 results

28 Mar 2017 - OrotonGroup (ASX:ORL) reports 52% drop in net profit, among other results its CEO acknowledged to be “very disappointing”.

Seymour Whyte enters exclusivity arrangement with Vinci

28 Mar 2017 - Seymour Whyte (ASX:SWL) agrees to a 3-month exclusivity arrangement with Vinci in regards to potential acquisition.

RCR Tomlinson to build solar farm in NSW

28 Mar 2017 - RCR Tomlinson (ASX:RCR) wins contract to design and construct a major utility solar farm located at Manildra in NSW.

Ramsay Health Care appoints new CEO

28 Mar 2017 - Ramsay Health Care (ASX:RHC) appoints Craig McNally to be its new Managing Director and CEO, effective from 3 July 2017.

Tuesday: ASX to open higher despite weak global leads

28 Mar 2017 - Tuesday: ASX to open higher despite weak global leads. South32 (ASX:S32) announces US$500 million share buyback.

Sigma Pharmaceuticals lifts full-year profit by 5.3%

23 Mar 2017 - Sigma Pharmaceuticals' (ASX:SIP) reported full-year NPAT rose 5.3% to $53.2 million.

Pulse Health acquisition not opposed by ACCC

23 Mar 2017 - ACCC decides not to oppose Healthe Care Australia's proposed acquisition of Pulse Health (ASX:PHG).

Soul Pattinson profit surges 56.1% from strategic investments

23 Mar 2017 - Washington H. Soul Pattinson's (ASX:SOL) profit rose 56.1% in 1H17, boosted by its investments in TPG Telecom, New Hope Corporation and Brickworks.

Collins Foods buys 16 KFC restaurants in Netherlands

23 Mar 2017 - Collins Foods Ltd (ASX:CKF), through its subsidiary CFE Investments, signs a deal to acquire 16 KFC restaurants in the Netherlands.

Spark NZ offer rejected by TeamTalk’s directors

23 Mar 2017 - The directors of NZ telco, TeamTalk Ltd, unanimously recommend its shareholders reject Spark New Zealand’s (ASX:SPK) hostile takeover bid of NZ$0.80 per share.

Fletcher Building appoints new Head of Construction

23 Mar 2017 - Fletcher Building (ASX:FBU) appoints Michele Kernahan as its new Chief Executive of Construction, effective immediately.

Thursday outlook: Aus shares to stabilise on open

23 Mar 2017 - Thursday outlook: Aus shares to stabilise on open. Carnegie Clean Energy Ltd (ASX:CCE) plans to raise $6 million through a share purchase plan to fund its stake in th…

Talga partners with Zinergy to develop printed batteries

22 Mar 2017 - Talga Resources (ASX:TLG) signs joint development agreement with Zinergy UK Ltd to develop ultra-thin, flexible, printed batteries.

Creso Pharma signs deal to expand into Latin America

22 Mar 2017 - Creso Pharma (ASX:CPH) signs commercial agreement with Brazil-based Sin Solution as part of its expansion into the Latin American market.

Nufarm swings to profit in 1H17

22 Mar 2017 - Nufarm's (ASX:NUF) reported NPAT was $20M in 1H17 - compared to a statutory net loss of $91M in 1H16.

Elk Petroleum becomes a producer after US$10M payment

22 Mar 2017 - Elk Petroleum’s (ASX:ELK) acquisition of a 14% working interest in the Madden Gas Field has closed after it made a US$10 million closing payment.

Fonterra posts steady 1H17 interim results

22 Mar 2017 - Fonterra (ASX:FSF) reports its interim 1H17 profit rose 2% to $418M, and forecasts Farmgate Milk price of $6 kg/MS.

SKY and Vodafone launch High Court appeal in NZ

22 Mar 2017 - SKY Network Television (ASX:SKT) and Vodafone confirm they will appeal an unfavourable decision by the New Zealand Commerce Commission.

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