Finance News Network

News by Jessica Amir

Jessica Amir

Finance News Network

Blackmores CEO & MD to retire to take lead seat at Aus Post

27 Jun 2017 - Blackmores (ASX:BKL) announces its CEO and MD, Christine Holgate will retire, after serving for over 9 years.

Fortescue reveals FY18 innovation projects

27 Jun 2017 - Fortescue Metals Group (ASX:FMG) announces three innovation projects for FY18 aimed at improving safety, productivity and efficiency.

OceanaGold says 2017 Halie gold guidance falls, costs rise

27 Jun 2017 - OceanaGold Corporation (ASX:OGC) has downgraded its 2017 gold production guidance and increased its all-in sustaining costs at its Haile gold mine.

Yancoal again ups ante to buy Rio’s thermal assets

27 Jun 2017 - Rio Tinto Limited (ASX:RIO) confirms that shareholders vote in favour of Yancoal Australia (ASX:YAL) revised purchase of its thermal coal company, Coal and Allied Ind…

US tech stocks fall, banks gain: Aus shares to open flat

27 Jun 2017 - US tech stocks fall, banks gain: Aus shares to open flat. CuDeco Limited (ASX:CDU) has entered into two short term loan facility agreements to fund $15 million of its…

Medibio reports scientific breakthrough in PTSD diagnosis

26 Jun 2017 - Medibio Limited (ASX:MEB) says its new research study marks a scientific breakthrough in the objective diagnosis of post traumatic stress disorder (PTSD).

Vicinity Centres to sell Wodonga Plaza and Terrace Central

26 Jun 2017 - Vicinity Centres (ASX:VCX) has entered into contracts to sell Wodonga Plaza in Victoria for $43.5 million and Terrace Central in Raymond Terrace, New South Wales for …

Metcash CEO resigns & NP attributable to members dives 20.6%

26 Jun 2017 - Metcash Limited (ASX:MTS) has announced its net profit attributable to members dived 20.6 per cent, to $171.9 million for the full year to 30 April 2017.

Collins Foods NPAT drops, acquires 28 KFC restaurants

26 Jun 2017 - Collins Foods Limited (ASX:CKF) has announced its net profit attributable to members dropped 3.9 per cent to $29 million for the financial year ending 30 April 2017.

Sky and Vodafone NZ terminate proposed merger

26 Jun 2017 - Sky Network Television Limited (ASX:SKT) and Vodafone Europe B.V have terminated the sale and purchase agreement for the proposed merger of SKY and Vodafone New Zeala…

Hotel Property Investment prices notes, announces distribution

26 Jun 2017 - Hotel Property Investment (ASX:HPI) has announced its expecting to pay distribution of 9.9 cents per stapled security for the half year ending 30 June 2017.

Brent barrels up: Aus shares to see soft start

26 Jun 2017 - Brent barrels up: Aus shares to see soft start. Decimal Group Limited (ASX:DCG) has completed the sale of a commercial property in Herdsman, Perth for $27.5 million.

Charter Hall Long WALE REIT snaps up 3 hotels for $23.2m

23 Jun 2017 - Charter Hall Long WALE REIT (ASX:CLW) has announced the Long WALE Investment Partnership (LWIP) has snapped up three hotels in a sale and leaseback transaction for $2…

Bega Cheese to raise $160m via placement and SPP

23 Jun 2017 - Bega Cheese Limited (ASX:BGA) has announces it plans to raise $160 million via an institutional placement and a share purchase plan (SPP).

Rio Tinto reduces gross debt by $2.5b

23 Jun 2017 - Rio Tinto Limited (ASX:RIO) has successfully reduced its gross debt by $2.5 billion.

Ardent Leisure declares 1 cps distribution 2H17

23 Jun 2017 - Ardent Leisure Limited (ASX:AAD) says its preliminary full year Core EBITDA guidance for its Theme Parks division is now expected to enter positive territory, instead…

Oil Search signs new US$600 million credit facility

23 Jun 2017 - Oil Search Limited (ASX:OSH) has established a new US$600 million revolving credit facility for a five-year term.

Orocobre sees lower production rates amid severe weather

23 Jun 2017 - Orocobre Limited (ASX:ORE) has experienced severe weather conditions in the Puna region of Argentina and Chile, which has led to lower than expected production rates …

Crude bounces back: ASX tipped for modest gain

23 Jun 2017 - Crude bounces back: ASX tipped for modest gain. Bellamy’s Australia Limited (ASX:BAL) has announced its company secretary has resigned.

Dexus to snap up properties including 50% of MLC Centre

21 Jun 2017 - Dexus (ASX:DXS) has entered into an agreement to buy two Sydney office buildings, while it is also conducting due diligence to buy a core industrial Melbourne propert…

Sky and Space revamps logo ahead of nano-satellite launch

21 Jun 2017 - Sky and Space Global (ASX:SAS) has revealed its new brand logo ahead of its 3 Diamonds Launch on 23 June 2017.

InPayTech (ASX:IP1) talks adoption of smarter payment technologies

21 Jun 2017 - InPayTech Limited (ASX:IP1) CEO, Robin Beauchamp, talks about the need for more efficient payment automation to reduce accounting costs and the incidence of fraud.

AGL’s Chairman to retire, Graeme Hunt to succeed

21 Jun 2017 - AGL Energy Limited (ASX:AGL) has appointed Graeme Hunt as Chairman, to succeed Jerry Maycock following his retirement at the company AGM on 27 September 2017.

APA to build new gas pipeline and power station in WA

21 Jun 2017 - APA Group (ASX:APA) is announcing plans to build a new gas pipeline and gas-fired power station in the Goldfields region of Western Australia.

Yancoal ups ante to buy Rio’ Tinto’s thermal coal assets

21 Jun 2017 - Rio Tinto Limited (ASX:RIO) has reconfirmed its recommending shareholders vote in favour of Yancoal Australia (ASX:YAL) buying its wholly-owned subsidiary, Coal and A…

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