Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

Wesfarmers catches Catch Group for $230 million

12 Jun 2019 - Wesfarmers (ASX:WES) inked a deal to snap up Australian online retailer Catch Group Holdings $230 million cash.

Emeco earnings to lift 40% & EBIT margin to be up to 47%

12 Jun 2019 - Emeco (ASX:EHL) expects its FY19 earnings to be about 40% higher than FY18 and to be between $211 million and $213 million, while its outlook for FY20 remains strong.

Macmahon in talks with Newcrest, pre-empts provision $25-35m

12 Jun 2019 - Macmahon (ASX:MAH) and gold major, Newcrest Mining (ASX:NCM) have entered into good faith negotiations regarding Macmahon’s life of mine mining contract at the Telfer…

Management expert hired to Sky Network TV as CFO

12 Jun 2019 - Sky Network Television (ASX:SKT) appoints Blair Woodbury, who helped spin out Chorus (ASX:CNU) from Spark NZ (ASX:SPK), as its Chief Financial Officer.

BrainChip introduces converter to boost performance and drop power

12 Jun 2019 - Computing artificial intelligence company, BrainChip Holdings (ASX:BRN) has put a new feather in its cap, introducing a powerful neural network design that enables th…

Renergen (ASX:RLT) lists on ASX

12 Jun 2019 - Renergen Limited (ASX:RLT) CEO Stefano Marani provides an update on the company's key helium project in South Africa and exploration program following its listing on …

Aus futures eye a lift, extending ASX200’s new 11.5 yr high, defying Wall St

12 Jun 2019 - Australian share market futures are suggesting a rise of 12 points/ 0.2% after the ASX200 closed at a new 11.5 yr high after rising 1.6% yesterday. Iron ore futures u…

AGL & Vocus takeover talks kick off: Aus shares close at new 11.5 yr high, 1.6% up

11 Jun 2019 - The Australian share market extended its five-day winning streak, closing at a new 11.5 year-high on local takeover talks and positive leads from Wall St. Business co…

Supastructure (ASX:SPA) to list on ASX

07 Jun 2019 - Supastructure Limited (ASX:SPA) Chairman Paul Watson and Rocktown Managing Director & Founder John Hughes discuss Rocktown's civil engineering and infrastructure, con…

Cashless payments are the future: Gary Hamel

07 May 2019 - World leading business strategist, Gary Hamel, says mobile payments are the future. He says banks “will be an app” and businesses that don’t evolve…will get outmanoeu…

Aus balance of trade $4.9b vs $5.1b expected: Aus shares gain 0.4%, rising for 3rd day

06 Jun 2019 - ASX inks third day of straight gains, rising 0.4% today following Wall Street’s lead. Wisetech Global (ASX:WTC) rises 5.7% on reiterating FY19 revenue rise of 53%. Af…

Wesfarmers appoints FMGs co-deputy chair to its board

05 Jun 2019 - Wesfarmers (ASX:WES) has appointed the co-deputy chairman of Fortescue Metals Group (ASX:FMG) Sharon Warburton to its board, effective 1 August 2019.

McGrath snaps up another competitors practice for $1.6m

05 Jun 2019 - McGrath (ASX:MEA) swoops on another real estate office (Sydney Sotheby’s International Realty), further expanding the group at a time when its shares have been fallin…

Wall St 2nd best day of year on hints of interest rate easing: Aus shares to extend yesterday’s gains

05 Jun 2019 - The Australian share market is eyeing a gain of 0.8 per cent after US stocks had their 2nd-best day 2019. US made goods orders fall less than expected. Aus interest r…

RBA expected to cut rates for 1st time in 2.5yrs: ASX shed 1.2% on global trade tensions

03 Jun 2019 - ASX continues to fall on Monday, losing 0.7% at noon and closing 1.2% lower on escalating trade war fears. RBA tipped to slash rates 0.25% tomorrow. Eclipx Group (ASX…

Interest rates tipped to drop tomorrow: Aus shares 0.7% lower at noon

03 June 2019 - ASX fell at the open after Trump threatens 5% tariffs on Mexican imports into the US. Most sectors lower, except property. Amcor (ASX:AMC) reiterated as a buy by Cit…

Recce Pharmaceuticals (ASX:RCE) - synthetic antibiotics developer

03 Jun 2019 - Recce Pharmaceuticals Limited (ASX:RCE) Executive Director, James Graham provides an update on the company's lead product RECCE 327, including significant progress wi…

Link wipes out all gains & SEQ says the 20% drop’s not worthy: ASX gains 0.1% Friday

31 May 2019 - ASX claws back from earlier selling, snapping two-day losing streak. Eclipx Group (ASX:ECX) shares rose to a two-month high on plans to renew leadership & sell off no…

Costa Group wipes out 2 years of gains: Aus shares see red for 2nd day, 0.74% lower

30 May 2019 - ASX ends lower for second day following Wall Street's lead, while Costa Group Holdings (ASX:CGC) selling weighted after its shares lost 27%. Patry’s (ASX:PAB) drug re…

Building approvals fall more than expected: Aus shares lower for 2nd day, 0.7% lower at noon

30 May 2019 - ASX falls for second day and remains underwater with mostly all sectors in the red. Costa Group (ASX:CGC) down 22% on cutting NPAT guidance amid unexpected warm weath…

Downer wipes down this year’s gains: Aus shares close 0.7% lower

29 May 2019 - ASX fell into the red at the open on US bank stocks & yields falling on Trump's latest new tariff threats. Downer (ASX:DOW) shares lost most of 2019's gains weighing …

Lake Resources (ASX:LKE) results prove concept

29 May 2019 - Lake Resource (ASX:LKE) Managing Director Steve Promnitz discusses positive drill results from its Cauchari Lithium Brine Project which adjoins global major projects,…

WAAX on, Appen & Wisetech shine: Aus shares close with a minor loss of 4 pts

27 May 2019 - ASX opened higher, with miners rallying while some WAAX stocks shone with Appen (ASX:APX) rising 4.6% and Wisetech (ASX:WTC) rising 2.6%, taking yearly gains to 150% …

Vocus swooped on, miners shine on iron ore over $105: ASX steady at noon

27 May 2019 - The Australian share market opened higher, with miners seeing a healthy rally after the iron ore price rose 1.5% to $105.32. Air New Zealand (ASX:AIZ) drops its 2019 …

LaserBond (ASX:LBL) surface engineering repair

23 May 2019 - LaserBond Limited (ASX:LBL) CEO Wayne Hooper discusses the company's 1H19 results, how it reduces down-time and replacement costs on expensive machinery, investments …

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