Finance News Network

News by David Chau

David Chau

Finance News Network

ASX to rise and follow Wall Street’s new highs

15 Feb 2017 - ASX to rise and follow Wall Street’s new highs. Altura Mining (ASX:AJM) awards $110 million contract to NRW Holdings (ASX:NWH) for Pilangoora Lithium Project.

Hunter Hall: New bidder emerges as bidding war intensifies

15 Feb 2017 - Stuart McAullife enters the bidding war for control of Hunter Hall International (ASX:HHL) by making the highest offer so far.

Rubik acquired by Swiss banking software company

15 Feb 2017 - Temenos Group AG (based in Switzerland) enters into binding scheme implementation deed to acquire Rubik Financial Ltd (ASX:RFL).

Challenger records statutory NPAT drop of 14% to $202M

14 Feb 2017 - Investment management firm, Challenger Ltd (ASX:CGF), reports its statutory NPAT dropped 14%to $202 million in 1H17.

SG Fleet profit rises 35% to $26.6M

14 Feb 2017 - SG Fleet Group (ASX:SGF) reports NPAT increase of 35% in 1H17.

Treasury Wine Estates profit more than doubles to $136.2M

14 Feb 2017 - Treasury Wine Estates’ (ASX:TWE) NPAT more than doubled to $136.2 million in 1H FY2017.

GPT’s reports $1.15B profit for 2016

14 Feb 2017 - GPT Group (ASX:GPT) reports its NPAT rose 32.8% to $1.15 billion in the full year ending 31 December 2016.

ASX to climb as S&P500 market cap surges past US$20T

14 Feb 2017 - ASX to climb as S&P500 market cap surges past US$20T. New CEO and Managing Director commences role at Murray Goulburn Co-Operative Co Ltd (ASX:MGC).

IMF Bentham earns $7.8M from successful US court case

14 Feb 2017 - IMF Bentham (ASX:IMF) expects to earn revenue of $7.8 million, after a case it funded had a successful outcome at a US Federal Court.

Washington H. Soul Pattinson raises bid to $2 per share for Hunter Hall

14 Feb 2017 - Washington H. Soul Pattinson (ASX:SOL) raises its offer to $2.00 per share for Hunter Hall (ASX:HHL) shares.

Topsy-turvy trading session: ASX closes 0.23% higher

09 Feb 2017 - Topsy-turvy trading session: ASX closes 0.23% higher. CIMIC Group’s (ASX:CIM) mining services provider, Thiess, secures contracts in Indonesia worth $134 million.

Feeling flat: Aus shares 0.05% lower at noon

09 Feb 2017 - Feeling flat: Aus shares 0.05% lower at noon. Vicinity Centres (ASX:VCX) agrees to acquire remaining 25% stake in DFO South Wharf and Homemaker Hub for $141.25 millio…

AGL’s statutory profit surges by $774M

09 Feb 2017 - AGL Energy Ltd (ASX:AGL) reports its statutory profit after tax surged by $774 million on the back of higher electricity prices.

Suncorp posts $537M profit, and raises dividend by 10%

09 Feb 2017 - Suncorp (ASX:SUN) reported that its NPAT in the first half of the current financial year was $537 million – just a 1% gain over the prior corresponding period.

AMP posts $344M net loss in 2016

09 Feb 2017 - AMP Ltd (ASX:AMP) posts net loss of $344 million in the full year ending 31 December 2016.

Crown Resorts obtains planning approval from VIC govt

09 Feb 2017 - The Victorian state government gives conditional planning approval to Crown Resorts Ltd (ASX:CWN) and Schiavello Group to develop a 90-storey hotel tower in Melbourne…

Mixed performance for global equities: ASX to open flat

09 Feb 2017 - Mixed performance for global equities: ASX to open flat. Abacus Property Group (ASX:ABP) and its joint venture partners have exchanged contracts to sell the World Tra…

Rio Tinto posts stronger than expected results in 2016

09 Feb 2017 - Rio Tinto (ASX:RIO) reports higher than expected full year underlying earnings in the 2016 calendar year.

WorleyParsons wins Chevron contract worth US$67M

09 Feb 2017 - US multinational energy company, Chevron, awards WorleyParsons Ltd (ASX:WOR) a contract worth around US$67 million.

Staying afloat: Aus shares 0.17% higher at noon

08 Feb 2017 - Staying afloat: Aus shares 0.17% higher at noon. Genworth Mortgage Insurance Australia Ltd (ASX:GMA) reports underlying NPAT fell 19.8% to $212.2 million in the full …

BWP Trust reports half year results

08 Feb 2017 - BWP Trust (ASX:BWP) releases half year results for the period ended 31 December 2016, reporting a 1% increase in revenue to $75.75 million.

Ardent Leisure provides theme park update

08 Feb 2017 - Ardent Leisure Group (ASX:AAD) reports its revenues fell more than 50 per cent to $6.97 million in January 2017.

Carsales.com declares 5% higher dividend in 1H FY17

08 Feb 2017 - Carsales.com Ltd (ASX:CAR) releases first half results showing total revenue increased by 7% and declares 5% higher interim dividend.

CIMIC Group reports 11.5% profit increase in 2016

08 Feb 2017 - CIMIC Group Ltd (ASX:CIM) reports 11.5% rise in profit in 2016, at the top end of guidance.

Dow & Nasdaq hit new record highs: ASX to open flat

08 Feb 2017 - Dow & Nasdaq hit new record highs: ASX to open flat. FIRB does not object to Zurich Travel Solutions' proposed acquisition of Cover-More Group Ltd (ASX:CVO).

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