Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

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CSL acquires biotech company & stem cell gene platform

28 Aug 2017 - CSL (ASX:CSL) has snapped up a US biotech company, Calimmune for $91 million.

APRA enquiry into CBA culture & governance

28 Aug 2017 - The Commonwealth Bank of Australia (ASX:CBA) will be the focus of an independent APRA inquiry targeting governance, culture and accountability practices within the gr…

Flat line Friday: ASX200 0.03% lower & 3 pts down on week

25 Aug 2017 - Flat line Friday: Aus shares closed 0.03% lower & 3 pts down on week. Asia Pacific Data Centre Group (ASX:AJD) reported a 16.5 per cent lift its profit after tax to $…

Selling in Reits & Industrials: Aus shares 0.2% lower at noon

25 Aug 2017 - Selling in Reits & Industrials: Aus shares 0.2% lower at noon. The managing director of Domino’s Pizza Enterprises Limited (ASX:DMP) has sold 300,000 shares in the co…

Sims Metal Management recycling profits soar

25 Aug 2017 - Sims Metal Management (ASX:SGM) has reported a 194 per cent leap in profit after tax to $203.6 million for the 2017 financial year.

AGL Energy to sell North QLD gas assets

25 Aug 2017 - AGL Energy (ASX:AGL) announced its planning to sell its North Queensland gas assets to a Chinese gas distribution company consortium.

Bellamy’s Australia dive into the red results

25 Aug 2017 - Bellamy’s Australia (ASX:BAL) reports a 102 per cent dive into negative result territory with a net loss after tax of $809 million in the 2017 financial year.

Nanosonics and GE Healthcare extend relationship

25 Aug 2017 - Nanosonics (ASX:NAN) and GE Healthcare extend their relationship for the purification of ultrasound probes.

Materials muster up, CBA lags: Aus shares close 0.14% higher

24 Aug 2017 - Materials muster up, CBA lags: Aus shares close 0.14% higher. Big River Industries (ASX:BRI) agreed to buy Midcoast Timbers which is based on the Gold Coast to expand…

Heavyweight results pressure market: Aus shares close 0.23% lower

23 Aug 2017 - Heavyweight results pressure market: Aus shares close 0.23% lower. Bapcor (ASX:BAP) reported a 47 per cent rise in its net profit after tax on FY16 to $63.8 million i…

Reporting erases early gains: Aus shares 0.42% lower at noon

23 Aug 2017 - Reporting erases early gains: Aus shares 0.42% lower at noon. Centuria Capital Group (ASX:CNI) has reported a stellar 37 per cent rise in its 2017 operating net profi…

Charter Hall Group bolstered results FY17

23 Aug 2017 - Charter Hall Group (ASX:CHC) has reported its net profit after tax rose about 20 per cent on FY16 to $257.6 million for the 2017 financial year.

Coca-Cola weaker results amid challenging Aus Conditions

23 Aug 2017 - Coca-Cola Amatil (ASX:CCL) reported its attributable profit fell over 29 per cent to $140.1 million for the 2017 financial year on the back of what they are calling i…

McMilan Shakespeare NPAT falls amid business disruptions

23 Aug 2017 - McMillan Shakespeare Group (ASX:MMS) has reported its net profit after tax fell to $67.9 million for the 2017 financial year, a miss compared to FY16’s $82.5 million…

IAG profit up almost 50 per cent

23 Aug 2017 - Insurance Australia Group (ASX:IAG) reported its net profit increased by about 49 per cent to $929 million for the 2017 financial year, thanks to better than expected…

BluGlass (ASX:BLG) FY17 results & outlook

23 Aug 2017 - BluGlass Limited (ASX:BLG) CEO and Managing Director Giles Bourne talks about the company's FY17 operational and financial highlights, industry collaborations and pro…

ASX recovers: Aus shares close 0.41% higher

22 Aug 2017 - ASX recovers: Aus shares close 0.41% higher. SMS Management and Technology (ASX:SMX) reported its net loss after tax fell to $42.1 million in the 2017 financial year.

Latin Resources (ASX:LRS) on its expanding lithium footprint

22 Aug 2017 - Latin Resources (ASX:LRS) discusses its recently purchased lithium concessions that pave the way to purchasing the prized Geminis Mine.

Materials & Industrials up: Aus shares 0.15% higher around noon

22 Aug 2017 - Materials & Industrials up: Aus shares 0.15% higher around noon. Rural Funds Group (ASX:RFF) has reported its net profit after tax rose over 9000 per cent to $43.3 mi…

Spotless hires new CEO & MD

22 Aug 2017 - Spotless Group (ASX:SPO) has announced it has appointed Dana Nelson as its new Chief Executive Officer and Managing Director, with immediate effect.

Seven Group Holdings net profit dives, sells WesTrac China

22 Aug 2017 - Seven Group Holdings (ASX:SVW) reported its net profit attributable to shareholders fell 77.4 per cent to $44.5 million for the 12 months to 30 June 2017.

Sydney Airport profit and revenue rises HY17

22 Aug 2017 - Sydney Airport (ASX:SYD) has announced its profit after tax attributable to shareholders rose 4.4 per cent to $167 million, for the six months to 30 June 2017 compare…

Inghams net profit rises 135 per cent

22 Aug 2017 - Inghams (ASX:ING) has announced its net profit attributable to shareholders rose 135 per cent tax fell to $59.1 million, for the 53 weeks to 1 July 2017 compared to t…

BHP NPAT rose but less than expected

22 Aug 2017 - BHP Billiton (ASX:BHP) has reported its net profit after tax attributable to members rose 192 per cent to US$5.89 billion, for the full year to 30 June 2017.

Monadelphous results slip, profit falls to $82.6m

22 Aug 2017 - Monadelphous Group Limited (ASX:MND) has announced its profit before income tax fell to $82.6 million, for the full year to 30 June 2017 compared to $95.6 million in …