Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

Falling Friday: Aus shares 1.35% lower at noon

07 Jul 2017 - Falling Friday: Aus shares 1.35% lower at noon. Transurban (ASX:TCL) has announced it has closed a new financing syndicated facility at $1.1 billion.

Horizontal finish: Aus shares close 0.08% lower

06 Jul 2017 - Horizontal finish: Aus shares close 0.08% lower. Touchcorp (ASX:TCH) has announced all of its shares have now been transferred to the newly incorporated, Afterpay Tou…

Aus Trade Surplus $2.47b: Aus shares 0.35% lower at noon

06 Jul 2017 - Aus Trade Surplus $2.47b: Aus shares 0.35% lower at noon. Resolute Mining (ASX:RSG) has been awarded two highly prospective large scale gold exploration concessions i…

Uncertain start: Aus shares 0.41% lower at noon

05 Jul 2017 - Uncertain start: Aus shares 0.41% lower at noon. Ingenia Communities Group Limited (ASX:INA) says it has closed FY17 with a record 211 new home settlements, exceeding…

Pepper receives proposal & enters exclusivity agreement

05 Jul 2017 - Pepper Group (ASX:PEP) has received an indicative, non-binding proposal from KKR Credit Advisers (US) LLC (KCA) to potentially buy a controlling interest in the firm.

Liquefied Natural Gas says Magnolia LNG secured $1.5b commitment

05 Jul 2017 - Liquefied Natural Gas Limited (ASX:LNG) has secured a $1.5 billion commitment from Stonepeak Partners to fully fund the Magnolia LNG equity requirement.

Flight Centre Travel 2H recovery propels net profit

05 Jul 2017 - Flight Centre Travel Group (ASX:FLT) is expecting to report underlying profit before tax, of between $325m to $330m for the 2017 financial year, after recording a fir…

HUB24 hits record quarterly flows & Funds Under Advice $5.5b

05 Jul 2017 - HUB24 (ASX:HUB) has etched record inflows for the fourth quarter of the 2017 financial year, taking its Funds Under Advice to $5.5 billion.

Vocus grants KKR opportunity for non-exclusive due diligence

05 Jul 2017 - Vocus Group (ASX:VOC) has granted Kohlberg Kravis Roberts & Co (together with its affiliates) the opportunity conduct non-exclusive due diligence.

Sprintex appoints CEO

05 Jul 2017 - Sprintex Limited (ASX:SIX) has appointed Tyrone Jones as its new CEO, with effective from last Monday, 3 July 2017.

Wall St closed: ASX tipped for flat start

05 Jul 2017 - Wall St closed: ASX tipped for flat start. BHP Billiton (ASX:BHP) has proposed its preliminary results announcement and dividend determination date as the 22 August 2…

Aus Tin Mining (ASX:ANW) Granville Tin Project Expansion

04 Jul 2017 - Aus Tin Mining (ASX:ANW) CEO Peter Williams provides an update on approval for expansion of its Granville Tin Project in Tasmania.

Pushing up: Aus shares 1.7% higher at noon

04 Jul 2017 - Pushing up: Aus shares 1.7% higher at noon. Cedar Woods Properties (ASX:CWP) has reaffirmed its FY2017 guidance for a record NPAT of $45 million.

Peet earmarked as proponent for WA State Govt project

04 Jul 2017 - Peet (ASX:PPC) has been named as the Western Australian Government’s preferred proponent for final negotiations, as a development partner for a mass housing project, …

Yowie enters agreement with Icon Animation

04 Jul 2017 - Yowie Group (ASX:YOW) has entered into an agreement with a company founded, by actor/director Mel Gibson, Icon Animation, to produce a series of Yowie webisodes.

Magellan potentially launching new fund leveraging global equities

04 Jul 2017 - Magellan Financial Group (ASX:MFG) say it is potentially launching a new ASX-listed investment vehicle later this year.

Bellamy’s canning facility purchase & $60.4m raising complete

04 Jul 2017 - Bellamy’s Australia (ASX:BAL) has completed its 90 per cent purchase of a canning facility in Victoria, while it also finalising a $60.4 million capital raising.

Bapcor implements a new $500m debt package

04 Jul 2017 - Bapcor Limited (ASX:BAP) has established a new $500 million debt package.

Boyuan expands portfolio, buys a Western Syd hotel

04 Jul 2017 - Boyuan Holdings (ASX:BHL) has acquired the Peachtree Hotel in Penrith, Western Sydney to provide the company with additional revenue and growth.

Dow hits record high, RBA to meet, ASX to advance

04 Jul 2017 - Dow hits record high, RBA to meet, ASX to advance. Westgold Resources Limited (ASX:WGX) has completed the acquisition of one of the largest privately owned undergroun…

Flat start for 2018 FY: Aus shares 0.03% higher at noon

03 Jul 2017 - Flat start for 2018 FY: Aus shares 0.03% higher at noon. Adelaide Brighton Limited (ASX:ABC) has renewed its $330 million bank debt facility, which was due to expire …

zipMoney expands health foot print into Dental

03 Jul 2017 - zipMoney's (ASX:ZML) interest-free payment platform has now been adopted by one of Australia’s largest dental networks, Pacific Smiles Group (ASX:PSQ).

Virgin to go cash flow positive, Velocity EBIT to grow

03 Jul 2017 - Virgin Australia Holdings (ASX:VAH) expects to report positive free cash flow performance for the 2017 financial year of up to $50 million.

Fairfax inks Domain separation by close of 2017

03 Jul 2017 - Fairfax Media Limited (ASX:FXJ) say it is proceeding with the separation of Domain as a standalone business as it has an attractive future.

Mirvac sells 50% of 664 Collins St, Melbourne

03 Jul 2017 - Mirvac Group (ASX:MGR) enters into an agreement to sell 50 per cent of a Melbourne office development for $138 million.

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