Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

DomaCom (ASX:DCL) discusses its platform and property crowdfunding

16 Aug 2017 - DomaCom (ASX:DCL) CEO Arthur Naoumidis discusses the company’s fractional property ownership platform and steps to grow funds under management.

Seven West Media dives to $745m loss in FY17

16 Aug 2017 - Seven West Media (ASX:SWM) has dived to a $745 million loss after tax in the 2017 financial year, after it after recorded $990 million in write-downs. It swing into n…

SEEK net profit attributable to members falls 5% to $340.4m

16 Aug 2017 - SEEK (ASX:SEK) has reported its net profit after tax attributable to shareholders fell 5 per cent to $340.2 million in the 2017 financial year.

Iluka Resources net loss of $81.5m attributable to members

16 Aug 2017 - Iluka Resources (ASX:ILU) has reported a net loss of $81.5 million attributable to shareholders for the half-year to 30 June 2017.

Woodside Petroleum net profit rose 49%

16 Aug 2017 - Woodside Petroleum (ASX:WPL) has reported its net profit attributable to shareholders rose over 49 per cent to US$507 million for the half-year to 30 June 2017.

Retail stocks weigh on Wall St: Aus shares to open flat

16 Aug 2017 - Retail stocks weigh on Wall St: Aus shares to open flat. Epat Technologies (ASX:EPT) has published a clinical study confirming its ePAT App, is a valid and reliable p…

Telcos and REITs rise: Aus shares close 0.47% higher

15 Aug 2017 - Telcos and REITs rise: Aus shares close 0.47% higher. Phileo Australia (ASX:PHI) has advised the sale of its residential subdivision site in Mambourin, Victoria is no…

REITs fuel the rally: Aus shares 0.72% higher at noon

15 Aug 2017 - REITs fuel the rally: Aus shares 0.72% higher at noon. Santos (ASX:STO) says it’s expecting to recognise a non-cash impairment of about US$690 million after tax for i…

Challenger reports stellar FY17 results amid rising AUM

15 Aug 2017 - Challenger (ASX:CGF) has reported record 2017 financial year results, on the back of stronger assets under management.

ANZ’s cash profit rises 5.3% to $1.79b in 3Q2017

15 Aug 2017 - ANZ (ASX:ANZ) has reported its statutory profit for the third quarter to 30 June 2017 hit $1.67 billion while its cash profit rose rise 3.5 per cent to $1.79 billion.

Wall Street best close this season: Aus shares to rise

15 Aug 2017 - Wall Street best close this season: Aus shares to rise. Downer EDI (ASX:DOW) has again extend its takeover offer of Spotless Group (ASX:SPO) by another week.

Financials leading the charge: 0.54% higher at noon

14 Aug 2017 - Financials leading the charge: 0.54% higher at noon. Crown Resorts (ASX:CWN) has announced the last of the 19 current and former employees of the group, that were det…

Wall Street slight rebound: ASX to see flat start

14 Aug 2017 - Wall Street slight rebound: ASX to see flat start. CIMIC Group (ASX:CIM)’s CPB Contractors, have won a design and construction contract for the Christchurch Conventio…

Brambles to sell CHEP Recycled & see US$243.8m impairment

11 Aug 2017 - Brambles (ASX:BXB) announces it intends to sell its recycled whitewood pallets business in North America, CHEP Recycled.

Village Roadshow still in discussions re 50% sale of Gold Village

11 Aug 2017 - Village Roadshow (ASX:VRL) says the potential sale of its 50 per cent stake in its Singapore cinema exhibition to, Gold Village has not yet been completed.

NAB’s stat net profit hit $1.6b 3Q2017

11 Aug 2017 -NAB (ASX:NAB) announces its unaudited statutory net profit hit $1.6 billion for the June 2017 quarter.

RCR Tomlinson to build solar energy projects in QLD

11 Aug 2017 - RCR Tomlinson (ASX:RCR) has been awarded two solar farm projects contracts totaling $315 million in QLD.

REA reports stronger results FY17

11 Aug 2017 - REA Group (ASX:REA) has announced its net profit after tax rose 12 per cent to $228.3 million for the full year ending 30 June 2017, compared with the prior correspon…

Baby Bunting’s new stores bolster NPAT & EBIT

11 Aug 2017 - Baby Bunting (ASX:BBN) has reported its statutory net profit after tax (NPAT) attributable to shareholders rose 47 per cent to $12.2 million for the financial year en…

Global markets in red again amid N Korea woes: Aus shares to dive

11 Aug 2017 - Global markets in red again amid N Korea woes: Aus shares to dive. Cadence Capital (ASX:CDM) announces record profit after tax of $37 million for the financial year e…

Nick Scali reports record profit for FY17

10 Aug 2017 - Nick Scali Limited (ASX:NCK) reported a record net profit after tax (NPAT) of $37.2 million for the financial year ending 30 June 2017, which is an increase of 42.4 p…

ACCC questioning Woolworths buy of BP Australia

10 Aug 2017 - The Australian Consumer and Competition Commission (ACCC) has announced preliminary concerns about Woolworths (ASX:WOW) proposed purchase of BP Australia as it could …

Virgin Australia’s trading conditions weigh on FY17 results

10 Aug 2017 - Virgin Australia (ASX:VAH) has announced an underlying loss of $3.7 million for the 2017 financial year, which a detonation from FY16’s $41 million underlying net pro…

Aristrocrat to buy 100% of Israeli gaming company

10 Aug 2017 - Aristrocrat (ASX:ALL) has expanded its digital footprint by entering into an agreement to snap up an Israeli gaming company, Plarium for US$500 million cash.

AMP profit attributable to shareholders fell 14.9% in HY17

10 Aug 2017 - AMP (ASX:AMP) has reported its profit attributable to shareholders fell 14.9 per cent in the first half of the 2017 financial year to $445 million.

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