Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

Clawing back: Aus shares 0.1% higher at noon

31 Jul 2018 - Market at Midday. ASX flat at noon on mixed leads, China data disappoints and Australian building approvals beat expectations. Regis Resources gold production rises, …

BluGlass (ASX:BLG) talks results of SPP and facilities upgrade

31 Jul 2018 - BluGlass Limited (ASX:BLG) Managing Director, Giles Bourne talks about the results of the company's recent Share Purchase Plan (SPP) and the commencement of work to u…

Intermede Investment Partners talk disruption in global tech

31 July 2018 - Intermede Investment Partners Investment Analyst, James Kim talks about why tech firms are becoming so influential and how investors are responding to this rise in d…

Mellow Monday: Aus shares close 0.4% lower

30 Jul 2018 - Market Wrap. ASX slips on weak sentiment. AMP gains, Pilbara Minerals slips despite 36% rise in exploration tonnage and being 'on track'. Constellation Resources star…

Holding onto new 10-yr highs: Aus shares 0.45% lower at noon

30 Jul 2018 - Market at Midday. ASX wipes half of Friday's gains, but holds onto 10 yr high. Iron ore price up 2%. GPT Group revaluations rise its portfolios by $457m/4%. Syrah Res…

AusCann Group Holdings (ASX:AC8) $33.4m capital raising

30 Jul 2018 - AusCann Group Holdings Limited (ASX:AC8) Managing Director, Elaine Darby talks about the company's recent capital raising, including progress locally and overseas wit…

Friday photo Finish: Aus shares 0.9% higher at noon

27 Jul 2018 - Market at Midday. Best rally all week, most sectors up about 1% or moire. Producer prices rise more than expected. Charter Hall up 1.2% on exchanging $94m Brisbane bu…

Medlab receives ‘largest’ cannabis oil shipment for trial

27 Jul 2018 - A leading cannabis company, Aphria, has sent its largest ever cannabis oil export shipment to Medlab Australia (ASX:MDC).

Orocobre snaps up 33.5% of fellow Argentinian lithium company

27 Jul 2018 - Lithium carbonate producer, Orocobre (ASX:ORE) has backed a lithium explorer and developer, headquartered in Vancouver by participating in their capital raise.

Dacian Gold ramps up production in WA

27 Jul 2018 - Dacian Gold (ASX:DCN) continues to ramp up production with the start of underground ore development at Beresford North in WA.

BHP selling US shale assets for US$10.8 billion

27 Jul 2018 - BHP (ASX:BHP) has inked a deal to sell its shale asset for US$10.8 billion cash.

Fonterra chairman stands downs on health scare

27 Jul 2018 - Fonterra Shareholders' Fund (ASX:FSF) chairman John Wilson has stood down as Chairman as he recovers from a serious health scare.

AMP dividend at lower end, $290m provision for remediation

27 Jul 2018 - AMP (ASX:AMP) has advised its accelerating its advice remediation process, which will result in a $290 (after-tax) allowance (provision) in its first half 2018 result…

Strong eco news, Dow up, Nasdaq soft: Aus shares to open higher

27 Jul 2018 - Market outlook. ASX eyeing a rise. Wall St mixed on better than expected capital goods orders, while Facebook posts worst trading day. Iron ore futures up 2.7%. Produ…

Export/import prices disappoint, Nine’s takeover weighs: Aus shares close flat

26 Jul 2018 - Market Wrap. Traders absorbed disappointing export/import prices, Macquarie CEO/MD changes and Nine Entertainment plans to takeover Fairfax. Beach Energy bounces on p…

Macquaire CEO/MD shift and Nine takeover weighs: Aus shares 0.1% lower at noon

26 Jul 2018 - Market at Midday. Macquarie slips 2% on CEO/MD changes, Nine stumbles 8% on taking over Fairfax. Newcrest gains 5% on production report. NAB's MLC to switch off plann…

Villa World eyeing $40m in FY19 profit after tax

26 Jul 2018 - Residential property developer, Villa World (ASX:VLW) advised its FY19 profit after tax be $40 million, on the back of strong sales.

Newcrest Mining record gold production in PNG

26 Jul 2018 - Newcrest Mining (ASX:NCM) reported its third year of record annual gold production at its Lihir gold mine in PNG. Copper production was above guidance

Nine Entertainment to create an empire, snap up Fairfax Media

26 Jul 2018 - Nine Entertainment (ASX:NEC) and Fairfax (ASX:FXJ) inked a deal to merge, which will make Nine one of Australia’s largest media companies.

Fortescue posts record iron ore shipments

26 Jul 2018 - Fortescue Meals (ASX:FMG) has advised its total ore shipped in the fourth quarter rose 4 per cent to a new record, despite ore being processed falling by the same am…

Oceania Healthcare profit soars 72% to $77m

26 Jul 2018 - Oceania Healthcare (ASX:OCA) reported a lift in all key financial results for the 12 months to 31 May 2018, with its net profit soaring 72 per cent on the back of hig…

Macquarie appoints female CEO/MD replacing Nicholas Moore

26 Jul 2018 - Macquarie Group (ASX:MQG) CEO and MD Nicholas Moore is stepping down after 10 years at the helm. The current group head of Macquarie Asset Management Shemara Wikraman…

EU agrees to import more US soybeans: Aus shares to lift at open

26 Jul 2018 - Market Outlook. FB slides but Wall St rallies in final hour on EU/US trade war aversion. US new homes sales fall more than expected. All eyes on exports and import pr…

Inflation disappoints, ASX slips: Aus shares close 0.3% lower

25 Jul 2018 - Market Wrap. ASX slips on inflation and weak AUD. Miners up the most on China stimulus. Horizon Oil up 23% on revenue jump. Wattle Health up 8% on China green light. …

Monash Absolute Investment Company (ASX:MA1) to narrow discount to NTA

25 Jul 2018 - Monash Absolute Investment Company Limited (ASX:MA1) Executive Director & Portfolio Manager, Simon Shields discusses the company's ongoing simultaneous equal access b…

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