Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

Villa World plans to recommend AVID $293.5m takeover offer

20 Jun 2019 - Property developer Villa World (ASX:VLW) plans to recommend that shareholders vote in favour of the revised $293.5 million takeover offer from AVID Property Group Aus…

Sydney Airport overseas passengers soar 6.3% in May, boosted by US & Asia

20 Jun 2019 - Sydney Airport (ASX:SYD) saw the number of passengers through its Airport grow 2.4 per cent in May, compared to the same month last year, fuelled by US and Asian trav…

FNP enters supply agreement with global pharma co for Lactoferrin

20 Jun 2019 - Freedom Foods Group (ASX:FNP) enters into long-term supply agreement with a major global pharmaceutical company for key ingredient Lactoferrin & has commitments to se…

BOQ chief financial officer to step down following FY19 results

20 Jun 2019 - The Bank of Queensland (ASX:BOQ) chief financial officer, Matt Baxby to stand down following the group full-year results in October 2019.

Rio Tinto drops iron ore guidance by ~13 million tonnes

20 Jun 2019 - Rio Tinto (ASX:RIO) drops iron ore Pilbara shipments guidance for 2019 by about 13 million tonnes, amid mine operational challenges.

Aus shares 180pts from all time high, ASX eyes a rise of 0.1% as Fed hints at rate cut

20 Jun 2019 - US stocks closed higher with the Fed Reserve hinting that a rate could be close with eight FOMC members in favour of a cut this year. RBA Gov' Lowe speech at 11.15am …

On the heels of a new all-time high: Aus shares close 1.2% higher

19 June 2019 - Australian share market eyes all-time highs after closing at 6,648, not far from the 6,828.7 pts high hit on 1 November 2007. Bluescope Steel (ASX:BSL) rises EBIT gu…

Aus shares hit another new fresh high 6,644pts: ASX 1% up at noon

19 Jun 2019 - Most sectors rise up on ASX with ASX200 hitting a new fresh high of 6,644pts. Nanosonics (ASX:NAN) shares hit all-time high on France support. Orthocell (ASX:OCC) pro…

People Infrastructure to snap up two QLD recruitment practices for $16.8m

19 Jun 2019 - People Infrastructure (ASX:PPE) plans to snap up two QLD healthcare staffing agencies, First Choice Care Pty Ltd, and Carestaff Nursing Services Pty Ltd for $16.8 mil…

Syrah Resources announces Gredmann as its graphite trader in China

19 Jun 2019 - Syrah Resources (ASX:SYR) inks a binding agreement with Gredmann to sell its graphite in China, capped at 279,000 tonnes.

GPT Group to up stake in Darling Park, Cockle Bay Wharf & raise $800m

19 June 2019 - The GPT Group (ASX:GPT) has launched a $850 million capital raise as part of ramping up its property purchases. It also plans to increase stake in Darling Park, Cock…

Growthpoint Properties ups guidance & declares 11.6cps distribution

19 Jun 2019 - Growthpoint Properties Australia (ASX:GOZ) has ups its funds from operations (FFO) per security guidance for FY19, and is now eyeing 25 cents per security. That’s a r…

WBC hires head of new business division, Guilherme Lima

19 Jun 2019 - Westpac (ASX:WBC) has hired Guilherme (Guil) Lima as chief executive of its business division. He is currently HSBC Hong Kong’s group head of wealth management.

Bravura beefs up GBST takeover by 8% to $2.72p/s ($184.7m)

19 Jun 2019 - Bravura (ASX:BVS) has bumped up its takeover for fellow financial services tech company GBST (ASX:GBT) to $2.72 per share.

Aus shares to extend on yesterday’s fresh high, Wall St rallies on Fed optimism

19 Jun 2019 - US stocks rally on Tuesday, as Trump is set to meet Xi Jinping at G-20, while Fed holds two day meeting. Iron ore price new fresh high $112. ASX futures eye rise of 0…

ASX shrugs off weaker than expected property data, Fed meets: Aus shares close 0.6% higher

18 Jun 2019 - Local share market muster ups, defying weaker than expected property price falls. All ASX sectors end higher with four sectors gaining over 1%. US Fed Reserve meets T…

Property prices fall more than expected: Aus shares bounce back, 0.4% higher at noon

18 Jun 2019 - The local share market bounces back from yesterday’s fall, rising 0.4% at noon with most sectors charging higher. Property prices fall 3% in March Qtr, more than 2.5%…

WHSP's co-owned Palla Pharma settles codeine poppy dispute: ASX closes 0.4% lower

17 Jun 2019 - Aus shares start week with loss of 0.4%. AUD nears month-lows. Iron ore multi-year highs. WHSP's co-owned Palla Pharma (ASX:TPE) settles codeine poppy dispute. Vocus …

Vocus loses 2nd potential takeover, falls 30%: Aus shares 0.2% lower at noon

17 Jun 2019 - Aus shares dropped at open, remaining in the red while AUD trades at US68.83c. Vocus (ASX:VOC) loses 2019 gains on AGL (ASX:AGL) axing takeover plans. Fiducian (ASX:F…

Cashwerkz (ASX:CWZ) now over $2b passed through its platform

14 Jun 2019 - Cashwerkz Limited (ASX:CWZ) Director, John Nantes talks about the company's platform, which allows easy access to cash and term deposits from over 40 banks and credit…

ASX closes in red for 2nd day but holds 11.5yr highs: Aus shares close 0.02% lower

13 Jun 2019 - The Australian share market opened higher, before closing marginally lower for the 2nd day. Tech sector sheds 3% on Afterpay (ASX:APT) AML fear selling. Harvey Norman…

Lake Resources (ASX:LKE) cap raising to progress proven project

13 Jun 2019 - Lake Resources Limited (ASX:LKE) Managing Director Steve Promnitz discusses raising $2.7 million after being presented with positive drill results from the company's …

Aus participation rate hits all time high: Aus shares steady at noon, holding fresh highs

13 Jun 2019 - The Australian share market opened higher and is holding steady at Midday with gains being capped by falls in Afterpay Touch Group (ASX:APT) and Challenger (ASX:CGF).…

Another fresh record for the ASX, iron ore lifts 5%: Aus shares 0.2% higher at midday

12 Jun 2019 - Aus shares set record highs for 2nd day in a row. Materials shine with Fortescue Metals (ASX:FMG) shares up 4.5%. Emeco Group (ASX:EHL) up 13.6% after lifting earning…

Afterpay raises $317.2m, directors sell $103.5m to US investors

12 Jun 2019 - Afterpay Touch Group Limited (ASX:APT) announced it raised $317.2 million via a fully underwritten institutional placement, initially planning to raise $300 million.

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