Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

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SKYCITY Entertainment proposes $95m impairment

26 Jul 2017 - SKYCITY Entertainment (ASX:SKC) has proposed an impairment of Darwin’s goodwill of $95 million.

APN Property Group announces Convenience Retail REIT IPO

26 Jul 2017 - APN Property Group (ASX:APD) has formally announced its unit holders of the APN Property Plus Portfolio overwhelmingly voted in favour of the formation of Convenience…

Earnings beat the street, S&P closed at record high: ASX to rally

26 Jul 2017 - Earnings beat the street, S&P closed at record high: ASX to rally. BC Iron (ASX:BCI) has reported cash flow positive results for the June 2017 quarter, despite undert…

Tenacious Tuesday: Aus shares close 0.68% higher

25 Jul 2017 - Tenacious Tuesday: Aus shares close 0.68% higher. Asia Pacific Data Centre (ASX:AJD) has received a conditional, off-market takeover offer from 360 Capital Group (AS…

Positive sentiment Tuesday: Aus shares 0.85% higher at 1.20pm

25 Jul 2017 - Positive sentiment Tuesday: Aus shares 0.85% higher at 1.20pm. Wesfarmers (ASX:WES) reports its yearly production for Curragh and Bengalla operations rose for the per…

Austin Engineering worker in fatal motor vehicle accident

24 Jul 2017 - Austin Engineering (ASX:ANG) has announced that an employee at its Chilean operation has been involved in a fatal motor vehicle accident, while travelling between two…

Iluka Resources total mineral revenue up 49% & sales rise 64% FY17

24 Jul 2017 - Iluka Resources (ASX:ILU) has announced its mineral sands sales revenue rose 48.8 per cent for the financial year ending 30 June 2017.

Flight Centre Travel beds down hotel management purchase

24 Jul 2017 - Flight Centre Travel Group (ASX:FLT) has completed its first investment in the hotel management sector.

Newcrest gold production falls for FY and quarter

24 Jul 2017 - Newcrest Mining (ASX:NCM) has reported gold production fell 2.4 per cent to 2.381 million ounces for the financial year, compared to the prior corresponding period.

Westpac and Charter Hall in exclusive talks for sale of Hastings

24 Jul 2017 - Westpac Banking Corporation (ASX:WBC) and Charter Hall Group (ASX:CHC) have entered into exclusive discussions regarding Westpac’s proposed sale of Hastings Managemen…

Sino Gas and Energy JV signs new sales agreement

24 Jul 2017 - Sino Gas and Energy (ASX:SEH) has signed a new gas sale agreement for the Sanjiaobei Production Sharing Contract (PSC), which expands its off take options.

MoneySpot Investments’ David Trew speaks at the SMSF2017 Summit & Investment Expo, Sydney

24 Jul 2017 - MoneySpot Investments MD David Trew talks to Finance News Network at the SMSF2017 summit in Sydney about peer-to-peer investments that he says offer better returns an…

Dow down after GE falls, oil drops: Aus shares to slip

24 Jul 2017 - Dow down after GE falls, oil drops: Aus shares to slip. Consolidated Operations Group (ASX:COG) has withdrawn from a 60 per cent purchase of an equipment finance brok…

Spark Infrastructure announces TransGrid funding to repay its debt

21 Jul 2017 - Spark Infrastructure (ASX:SKI) announces NSW Electricity Networks Finance Pty Ltd, the funding entity for TransGrid, has made two private placements.

Air New Zealand establishes ADR program with Deutsche Bank

21 Jul 2017 - Air New Zealand (ASX:AIZ) has established a sponsored level 1 American Depository Receipt (ADR) program with Deutsche Bank.

Primary Health Care Expects FY17 UNPTA $92m & EBIT to fall

21 Jul 2017 - Primary Health Care (ASX:PRY) has confirmed its FY2017 underlying NPTA guidance will be $92 million, which is at the lower end of its previously advised range.

Milton Corporation FY17 NPAT & revenue fall

21 Jul 2017 - Milton Corporation (ASX:MLT) has reported its full year 2017 net profit after tax (NPAT) fell 4.3 per cent to $122.4 million, from the prior corresponding period.

ALS elects new MD, CEO, Raj Nara

21 Jul 2017 - ALS (ASX:ALQ) officially announced Raj Naran has taken over the helm as Managing Director and CEO of the company, with effect from Thursday 20 July 2017.

Newcrest Mining enters JV in WA for further opportunities

21 Jul 2017 - Newcrest Mining Limited (ASX:NCM) will fund an exploration and resource company, Encounter Resources Limited (ASX: ENR) with up to $500,000 over the next 12 months, t…

Heron Resources (ASX:HRR) discusses financing for its Woodlawn Project

21 Jul 2017 - Heron Resources (ASX:HRR) (TSX:HER) Managing Director and CEO, Wayne Taylor, discusses financing for the company's Woodlawn Copper-Zinc Project ahead of its August Ge…

Nasdaq posts 10-day win: Aus shares to slip at open

21 Jul 2017 - Nasdaq posts 10-day win: Aus shares to slip at open. Boyuan Holdings Limited (ASX:BHL) has announced the sale of its major residential and commercial development proj…

Energy beams ASX up: Aus shares close 0.51% higher

20 Jul 2017 - Energy beams ASX up: Aus shares close 0.51% higher. Neuren Pharmaceuticals Limited (ASX:NEU) has been grated US Food and Drug Administration (FDA) approval for a face…

La Trobe Financial’s Chris Andrews speaks at the SMSF2017 Summit & Investment Expo, Sydney

20 Jul 2017 - La Trobe Financial CIO, Chris Andrews, talks to Finance News Network at the SMSF 2017 summit about investing in debt to avoid sequencing risk and to minimise volatili…

Oil & Wall St boost: Aus shares 0.63% higher at noon

20 Jul 2017 - Oil & Wall St boost: Aus shares 0.63% higher at noon. South32 (ASX:S32) has experienced a fall in its year-on-year production for its FY17 across its business, exclud…

Alcoa’s Bauxite & Alumina EBITDA fell to $325m 2Q2017

20 Jul 2017 - Alumina Limited (ASX:AWC) announces its 2Q2017 EBITDA for Bauxite and Alumina fell to $325 million.