Finance News Network

News by David Chau

David Chau

Finance News Network

Cedar Woods pre-sales rise 25% to $230M in 1Q17

02 Nov 2016 - Cedar Woods Properties Limited (ASX:CWP) reported its pre-sales totalled $230 million in 1Q17 – a 25% increase over PCP.

ASX to fall on open: US election anxiety ongoing

02 Nov 2016 - ASX to fall on open: US election anxiety ongoing. SpeedCast International Ltd (ASX:SDA) will acquire Harris CapRock for $560 million.

RBA keeps cash rate on hold at 1.5% in Nov

01 Nov 2016 - The Reserve Bank of Australia (RBA) has kept the official cash rate on hold at a record low 1.5% at its November board meeting.

Prime Media Group advertising revenue rises 16% in 1Q17

01 Nov 2016 - Prime Media Group (ASX:PRT) reports its advertising revenue for the regions of northern and southern NSW, and Victoria, has improved by 16% in 1Q17.

Intermin Resources acquires new gold projects in WA

01 Nov 2016 - Intermin Resources Ltd (ASX:IRC) has acquired a number of new gold projects as well as exploration tenure in the Kalgoorlie and Boulder regions of Western Australia.

Evolution Mining completes $880M acquisition of QLD mine

01 Nov 2016 - Evolution Mining (ASX:EVN) has completes acquisition of 880 million stake in the Ernest Henry copper and gold mine from Glencore.

Carnegie Wave Energy to become ‘Carnegie Clean Energy’

01 Nov 2016 - Carnegie Wave Energy (ASX:CWE), which owns and developed the patented CETO wave energy technology, is planning to change its name.

Thursday wrap: ASX plummets below 5,300 points

27 Oct 2016 - Thursday wrap: ASX plummets below 5,300 points. Blackmores (ASX:BKL) suffered a steep fall in its first quarter profit – dropping 46.6% to $12 million.

Thursday: ASX tumbles 0.17% lower at noon

27 Oct 2016 - Thursday: ASX tumbles 0.17% lower at noon. Japan Patent Office approves patent application lodged by Perth-based medical tech company, OBJ Ltd (ASX:OBJ).

NAB full-year net profit plunges 94%

27 Oct 2016 - National Australia Bank's (ASX:NAB) full year statutory net profit has plummeted 94% to $352 million.

Challenger enters annuity deals with AMP and Mitsui

27 Oct 2016 - Challenger Ltd (ASX:CGF) has announces two new key annuity relationships with AMP and the Mitsui Sumitomo Primary Life Insurance Company.

Generation Healthcare REIT invests $28.6M in VIC medical centre

27 Oct 2016 - Generation Healthcare REIT makes initial investment of $28.6 million in Epping Medical Centre, Melbourne.

Ainsworth Game Technology pre-tax profit down 57% in 1H17

27 Oct 2016 - Ainsworth Game Technology Ltd (ASX:AGI) earns pre-tax profit of $15 million in 1H17 – 57% lower than PCP.

Independence Group’s net profit improves in 1Q17

27 Oct 2016 - Independence Group (ASX:IGO) announces its unaudited 1Q17 results, with NPAT totalling $10 million.

Hub24 raises profit and wins Fast Mover award

27 Oct 2016 - Hub24 (ASX:HUB) reports quarterly retail gross inflows of $496 million in the September quarter – a 25% improvement over the pcp.

Thursday outlook: Aus shares may edge higher

27 Oct 2016 - Thursday outlook: Aus shares may edge higher. Data#3 Ltd (ASX:DTL) secures multi-year contract with the Queensland Department of Education.

Wednesday Wrap: ASX plunges 1.53%

26 Oct 2016 - Wednesday Wrap: ASX plunges 1.53%. Tox Free Solutions Ltd (ASX:TOX) signs deal to acquire Daniels Health Pty Ltd and Daniels Manufacturing Pty Ltd for $186 million.

Woeful Wednesday as ASX falls 1.35% at noon

26 Oct 2016 - Woeful Wednesday as ASX falls 1.35% at noon. Sandfire Resources NL (ASX:SFR) increases its stake in Tintina Resources to 61%, for the price C$4.2M.

Galaxy Resources finalises Espreance export agreement

26 Oct 2016 - Galaxy Resources (ASX:GXY) received key approvals to export, from the Port of Espreance, the spodumene produced at its Mt Cattlin Project, in Western Australia.

Stockland confirms net deposits up 32% in Sept quarter

26 Oct 2016 - Stockland Corporation Ltd (ASX:SGP) announced it is on track to deliver 5-7% growth in funds from operations this financial year after it lifted retail sales and resi…

ClearView adds Sony Life as strategic shareholder

26 Oct 2016 - Sony Life Insurance Co Ltd agrees to buy 14.9% stake in ClearView Wealth Ltd (ASX:CVW).

IPH acquires trademarks business in China and HK

26 Oct 2016 - IPH Ltd (ASX:IPH) makes its first international acquisition for $27M – the Ella Cheong trademarks business in China and Hong Kong.

Ardent Leisure shares plummet after Dreamworld tragedy

26 Oct 2016 - Shares in Ardent Leisure Group (ASX:AAD) plunged almost 8% yesterday following a tragedy at its Dreamworld theme park which killed four people.

Bradken takeover by Hitachi at a premium price

26 Oct 2016 - Bradken (ASX:BKN) to be taken over by Hitachi Construction Machinery for a price representing a 34% premium.

Wednesday worries: downward open for ASX

26 Oct 2016 - Wednesday worries: downward open for ASX. Lovisa Holdings Ltd (ASX:LOV) appoints Steve Doyle as its new CEO.

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