Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

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AGL reports record profit

10 Aug 2017 - AGL Energy (ASX:AGL) has reported stellar results and a record profit for the 2017 financial year

N Korea weighs on world markets: ASX to see hesitant open

10 Aug 2017 - N Korea weighs on world markets: ASX to see hesitant open. Elders (ASX:ELD) has refinanced its $75 million multi-option facility on improved terms.

Carsales.com domestic business bolsters NPAT & EBIT

09 Aug 2017 - Carsales.com (ASX:CAR) announces its adjusted net profit after tax advanced 8 per cent in the 2017 financial year to $119.1 million.

Incitec Pivot hires ex President of BP’s natural gas as CEO/MD

09 Aug 2017 - Incitec Pivot (ASX:IPL) appoints Jeanne Johns as its new Managing Director and Chief Executive Officer, taking effect from 15 November 2017.

CBA NPAT rises 7.6% to $9.9b

09 Aug 2017 - Commonwealth Bank (ASX:CBA) announces its statutory net profit after tax attributable to shareholders firmed 8 per cent higher in the 2017 financial year to $9.9 bill…

SkyCity Entertainment NPAT falls 69.2% to $44.9b

09 Aug 2017 - SkyCity Entertainment Group (ASX:SKC) has announced its reported net profit after tax (NPAT) fell 69.2 per cent in the 2017 financial year to $44.9 million, down from…

NEXTDC replacement takeover bid for APDC

09 Aug 2017 - Data centre and hybrid cloud company, NEXTDC (ASX:NXT) has issued a replacement bidders statement to takeover Asia Pacific Data Centre Group (APDC) (ASX:AJD) for $1.8…

Janus Henderson Group revenue firms higher 2Q17

09 Aus 2017 - Janus Henderson Group (ASX:JHG) has reports its unaudited total income attributable to the company rose in the six months to 30 June 2017 to US$174.7 million

Wall St closed lower, Dow snaps winning streak: ASX to open flat

09 Aug 2017 - Wall St closed lower, Dow snaps winning streak: ASX to open flat. Whitehaven Coal (ASX:WHC) has entered into agreements with its syndicate of Australian and internati…

IOOF’s underlying NPAT falls 1% to $169.4m

08 Aug2017 - IOOF Holdings (ASX:IFL) has announced its underlying net profit after tax of $169.4 million for the financial year ending 30 June 2017, that’s a drop of 1 per cent com…

CBA scrapping CEO & Group Exec short-term variable pay outcomes

08 Aug 2017 - Commonwealth Bank (ASX:CBA) has decided to scrap short-term variable remuneration outcomes for the CEO and Group Executives for the financial year ending 30 June 2017…

Transurban EBITDA advances 10.1% to $1.6b

08 Aug 2017 - Transurban Group (ASX:TCL) has reported its a $209 million statutory profit from continuing in FY17 a surge ahead in comparison to FY16’s $22 million.

James Hardie demand dampens profit and EBIT

08 Aug 2017 - James Hardie Industries (ASX:JHX) has reported its group net operating profit hit US$61.7 million for the first quarter of the 2018 financial year, that’s a 7 per cen…

Shopping Centres Australasia Stat NPAT rises 73% to $319.6m

08 Aug 2017 - Shopping Centres Australasia Property Group (ASX:SCP) has reported statutory NPAT rose 73 per cent in FY17, per cent to $319.6 million

Yancoal announces entitlement offer conversion price

08 Aug 2017 - Yancoal (ASX:YAL) announces the volume weighted average price (VWAP) for its shares which it will use to determine the adjusted conversion price for its subordinated …

Dow & S&P post records: Aus shares to rise

08 Aug 2017 - Dow & S&P post records: Aus shares to rise. Downer EDI (ASX:DOW) has again extended it takeover offer of Spotless Group (ASX:SPO) with its 7ths bidders statement.

Paragon Care stronger FY17 profit, EBITA & revenue

07 Aug 2017 - Paragon Care (ASX:PGC) has reported its gross profit rose 26 per cent to $46.1 million, in the 30 June 2017 financial year, compared for FY16.

Catapault snaps up Athlete Management System for $1.9m

07 Aug 2017 - Catapault (ASX:CAT) has snapped up a leading Athlete Management System (AMS) for elite and prosumer markets for $1.9 million.

CBA reviewing AUSTRAC allegations about money laundering

07 Aug 2017 - Commonwealth Bank (ASX:CBA) says its reviewing the allegations made by AUSTRAC about money laundering and it's looking to file a defense.

ZipMoney secures $40m investment from Westpac Bank

07 Aug 2017 - ZipMoney (ASX:ZML) has secured a $40 million strategic investment from Westpac Banking Corporation (ASX:WBC) through a private share placement.

Flight Centre Travel buys business that generated $70m FY17

07 Aug 2017 - Flight Centre Travel Group (ASX:FLT) has added a mobile agency group, Travel Partners, to its leisure network.

Resolute Mining audited NPAT falls

07 Aug 2017 - Resolute Mining (ASX:RSG) reports unaudited net profit after tax of $136 million for FY17, a drop from FY16’s $201 million.

Jobs push Wall St higher: Aus shares to rally

07 Aug 2017 - Jobs push Wall St higher: Aus shares to rally. 8I Holdings (ASX:8IH) announces an on-market share buy-back of up to 1.5 per cent of its total share capital as part of…

Crown Resorts reported FY17 NPAT rises, revenue falls

04 Aug2017 - Crown Resorts Limited (ASX:CWN) has announced its reported NPAT attributable to its parent rose 96.7 per cent, after significant items, to $1.866 billion in FY17.

OrotonGroup says Gap stores to close by Jan 2018

04 Aug 2017 - OrotonGroup (ASX:ORL) has announced it will discontinue the Gap franchise business in Australia, with store closures targeted for 31 January 2018