Finance News Network

News by David Chau

David Chau

Finance News Network

Fortescue Metals repays $700M debt

13 Sep 2016 - Fortescue Metals Group (ASX:FMG) has issued a US$700 million repayment notice for its 2019 Senior Secured Credit Facility.

JB Hi-Fi confirms acquisition of The Good Guys

13 Sep 2016 - JB Hi-Fi (ASX:JBH) has entered a deal to purchase electronics retail chain, The Good Guys, for $870 million.

zipMoney buys finance software company for $6M

13 Sep 2016 - Digital payments company, zipMoney Ltd (ASX:ZML), has completed its acquisition of Pocketbook Holdings Pty Ltd.

Wall Street rebounds; Terrific Tuesday opening for ASX

13 Sep 2016 - Wall Street rebounds; Terrific Tuesday opening for ASX. Oil Search (ASX:OSH) has entered a deal to acquire a 40% interest in two licences in the deep water section of…

Bluesky purchases $400M property in Manhattan

08 Sep 2016 - Bluesky Alternative Investments Ltd (ASX:BLA) purchases 400 million property in Manhattan, New York.

Eastern Goldfields invests in Windward’s nickel portfolio

08 Sep 2016 - Eastern Goldfields Ltd (ASX:EGS) signs deal to become a cornerstone shareholder in Windward Resources Ltd (ASX:WIN).

Sigma announces strong 1H16 results

08 Sep 2016 - Sigma Pharmaceuticals Limited's (ASX:SIP) revenue rose 28% to $2.15 billion in the first half of 2016.

Praemium acquires UK pension provider

08 Sep 2016 - Praemium Ltd (ASX:PPS) enters deal to acquire Wensley Mackay Ltd, a privately-owned pension provider in the UK.

Tower Increases earthquake claims provisions

08 Sep 2016 - New Zealand insurance company, Tower Ltd (ASX:TWR), expects to increase claims provisions for the Canterbury earthquakes.

Anatara completes overdosing tests on piglets

08 Sep 2016 - Anatara Lifesciences (ASX:ANR) completes tests on piglets for its lead product, Detach.

Thursday tumble: Aus shares to open lower

08 Sep 2016 - Thursday tumble: Aus shares to open lower. 8I Holdings (ASX:8IH) acquires 51% equity interest in Malaysian company, 8 MAD Group Sdn Bhd, for RM430,000 (or AU$139,000)…

Doray Minerals announces FY16 results

07 Sep 2016 - Gold mining company, Doray Minerals Ltd (ASX:DRM), has reported its unaudited net profit fell 13% to $16.5 million last financial year.

Altura Mining granted two mining leases in WA

07 Sep 2016 - WA government grants two mining leases to Altura Mining Ltd (ASX:AJM) for its Pilangoora Lithium Project.

Fairfax Media signs merger deal with NZME

07 Sep 2016 - Fairfax Media (ASX:FXJ) announces its NZ business will merge with New Zealand Media and Entertainment (ASX:NZM).

Axiom Mining commences San Jorge drilling program

07 Sep 2016 - Axiom Mining Ltd (ASX:AVQ) commences 2.5km drilling program on the Isabel Nickel Project on San Jorge Island.

OceanaGold announces promising US gold mine results

07 Sep 2016 - OceanaGold Corporation (ASX:OGC) expects underground operations at Haile Gold Mine to generate after-tax, undiscounted cash flow of US$861 million from 2019.

Metlifecare expecting solid growth in FY17

07 Sep 2016 - Metlifecare Ltd (ASX:MEQ) expects to more than double its delivery of new units and care beds and complete at least one property acquisition in FY17.

ASX to slide again on open; GDP figures out today

07 Sep 2016 - ASX to slide again on open; GDP figures out today. The US Masters Residential Property Fund (ASX:URF) completes its placement and Unit Purchase Plan, raising $102.9 m…

Energy rises, but Aus shares 0.23% lower at noon

06 Sep 2016 - Energy rises, but Aus shares 0.23% lower at noon. Ellex Medical Lasers Ltd (ASX:ELX) will launch the 'Eye One' a congress of eye surgeons next week in Denmark.

Rhipe wins 3 Microsoft Partner Awards

06 Sep 2016 - Rhipe Ltd (ASX:RHP) has won three awards at the 2016 Microsoft Australia Partner Awards at the Gold Coast.

APA to spend $80M expanding East Coast Grid

06 Sep 2016 - The APA Group (ASX:APA) will expand its 7,500 km East Coast Grid by a further 50 km at a cost of around $80 million.

Medical Developments enters deal to distribute Penthrox in Korea

06 Sep 2016 - Medical Developments International Ltd (ASX:MVP) reaches deal with Korean pharmaceuticals company to distribute Penthrox in South Korea.