Finance News Network

News by David Chau

David Chau

Finance News Network

Empired to play a role in WA govt’s tech overhaul

07 Mar 2017 - Empired Ltd (ASX:EPD) has been picked as a subcontractor to supply cloud based information and communications technology (ICT) to the Western Australian government.

RBA decides on interest rates today: ASX to open flat

07 Mar 2017 - RBA decides on interest rates today: ASX to open flat. Austral Gold (ASX:AGD) pays US$1 million to Troy Resources (ASX:TRY) to acquire an additional 19% stake in Arge…

James Packer sells stake in Noni B

07 Mar 2017 - James Packer’s private investment company, Consolidated Press Holdings, sells stake in womenswear retailer, Noni B (ASX:NBL).

BHP signs oil deal with Pemex in Mexico

07 Mar 2017 - BHP Billiton (ASX:BHP) signs deal with Mexican state-owned petroleum company, Pemex.

Wall St rally propels Aus shares 1.13% higher at noon

02 Mar 2017 - Wall St rally propels Aus shares 1.13% higher at noon. Hitachi Construction Machinery Co Ltd extends offer period for its recommended takeover offer for Bradken Ltd (…

Recession averted: Aus shares close 0.13% lower

01 Mar 2017 - Recession averted: Aus shares close 0.13% lower. Cooper Energy (ASX:COE) awards Subsea 7 a contract for the Sole Gas Project in the Gippsland Basin.

Ramsay Health Care profit rises 12.8% and CEO retires

23 Feb 2017 - Ramsay Health Care (ASX:RHC) releases 1H FY17 results, showing its core NPAT rose 12.8% to $267.8 million.

Macquarie Atlas Roads profit soars 164.6% in FY16

23 Feb 2017 - Macquarie Atlas Roads' (ASX:MQA) profit after tax rose 164.6% to $225.1 million in FY16.

Qantas NPAT drops 25.1% to $515M in 1H FY17

23 Feb 2017 - Qantas Airways (ASX:QAN) releases 1H FY17 results, showing its statutory profit after tax fell 25.1% to $515 million.

Fed minutes cause Wall St to drop: ASX to open lower

23 Feb 2017 - Fed minutes cause Wall St to drop: ASX to open lower. Webjet (ASX:WEB) reports its half-year NPAT rose 268.7% to $39.4 million in 1H FY17.

Tassal Group sides with government against Huon Aquaculture

23 Feb 2017 - Tassal Group (ASX:TGR) sides with Tasmania's Environment Protection Authority (EPA) in a court case against Huon Aquaculture (ASX:HUO).

Seymour Whyte awarded contract to upgrade VIC highway

23 Feb 2017 - Victorian government awards Seymour Whyte Ltd (ASX:SWL) a contract to upgrade the Chandler Highway in Melbourne.

Stabilised in the end: ASX closes 0.24% higher

22 Feb 2017 - Stabilised in the end: ASX closes 0.24% higher. Blackmores Ltd's (ASX:BKL) 1H FY17 net profit falls 41% to $28.5 million.

Lacking direction: Aus shares 0.15% higher at noon

22 Feb 2017 - Lacking direction: Aus shares 0.15% higher at noon. Fortescue Metals Limited (ASX:FMG) reports an almost three-fold increase in net profit for 1H FY17.

IAG profit falls 4.3% in 1H FY17

22 Feb 2017 - Insurance Australia Group (ASX:IAG) posts a 4.3% drop in net profit to $446 million in 1H FY17.

Woodside Petroleum FY16 profit surges to US$868M

22 Feb 2017 - Woodside Petroleum (ASX:WPL) full year profit surges to $US868 million in FY16.

Fairfax profit rises 6.1% and plans to spin-off Domain

22 Feb 2017 - Fairfax (ASX:FXJ) reports its profit rose 6.1% in 1H FY17, and announces plans to spin-off Domain into a separate ASX-listed entity.

Woolworths profit falls 16.7% in 1H FY17

22 Feb 2017 - Woolworths (ASX:WOW) reduces its interim dividend by almost 23% to 34cps for 1H FY17.

Wall St closes at record high (again): ASX to lift-off

22 Feb 2017 - Wall St closes at record high (again): ASX to lift-off. BHP Billiton (ASX:BHP) posts first half net profit of US$3.2 billion.

AusNet Services settles bushfire class action for $5M

22 Feb 2017 - AusNet Services (ASX:AST) agrees to settle Victorian bushfire class action for $5 million.

APA Group expands in WA with new wind farm

22 Feb 2017 - APA Group (ASX:APA) enters into 12-year offtake agreement with Alinta Sales Pty Ltd in relation to Western Australian wind farm.

Share market tumble continues: ASX down 0.2% at midday

21 Feb 2017 - Share market tumble continues: ASX down 0.2% at midday. Caltex Australia’s (ASX:CTX) full year profit fell 17% to $524 million in the 2016 financial year.