Finance News Network

News by Kathy Skantzos

Kathy Skantzos

Finance News Network

AWE receives Mineral Resources acquisition proposal

11 Dec 2017 - Oil and gas exploration company AWE (ASX:AWE) has received an acquisition proposal from Mineral Resources (ASX:MIN) after the close of trade on Friday, offering $0.80…

Alexium International Group raises $12 million

11 Dec 2017 - Chemical development company Alexium International Group (ASX:AJX) completes a $12 million institutional placement, with a further $3 million expected to be raised th…

Redflex raises $16 million

11 Dec 2017 - Traffic systems company Redflex (ASX:RDF) raises $16.4 million in an underwriter entitlement offer.

Cleanaway acquires Toxfree Solutions

11 Dec 2017 - Waste management company Cleanaway (ASX:CWY) acquires all of the shares in national waste management provider Toxfree Solutions for $831 million.

Starting the week in the green: Aus shares to open higher

11 Dec 2017 - Market Outlook in 3 mins: The Dow and S&P 500 closed at record highs, setting the ASX up for a positive start to the week. The futures index is tracking higher and ir…

South32 presents to investors in Perth

05 Dec 2017 - The executive management team of mining and metals company South32 (ASX:S32) will meet with equity analysts and investors today in Perth to discuss its strategy and o…

China Energy Reserve & Chemical withdraws AWE proposal

05 Dec 2017 - Oil and gas company AWE (ASX:AWE) announces it has received notice from China Energy Reserve and Chemical Group Australia that it has formally withdrawn its condition…

Steadfast Group raises $100m

05 Dec 2017 - Insurance broking network Steadfast Group (ASX:SDF) raises $100 million in an institutional share placement.

Charter Hall Retail REIT proposes amended constitution

05 Dec 2017 - Charter Hall Retail Management, an entity of Charter Hall Retail REIT (ASX:CQR), is proposing to amend a constitution which would allow a different tax regime to be a…

Tech stocks fall: Aus shares to open lower

05 Dec 2017 - Market Outlook in 3 mins: The Dow finished higher after the tax reform bill was passed marginally yesterday. However, the Nasdaq fell after a sharp decline in tech st…

Fortescue appeals native title

05 Dec 2017 - Fortescue (ASX:FMG) is appealing a Federal Court native title ruling that grants an Aboriginal group rights over an area of the Pilbara, which includes the miner’s So…

Chorus announces executive team changes

05 Dec 2017 - Telecommunications company Chorus (ASX:CNU) announced changes to its executive team this morning, with Joanna Crawford confirmed as the GM of Customer Care and Vaness…

Creso Pharma signs commercial agreement with Swiss pharma

04 Dec 2017 - Medicinal cannabis producer Creso Pharma (ASX:CPH) signs an exclusive commercial agreement with a Swiss pharmaceutical company for the marketing and distribution of i…

European Cobalt raises $20m for project

04 Dec 2017 - Mineral exploration company European Cobalt (ASX:EUC) raises $20 million in a heavily oversubscribed institutional placement.

Genex Power achieves first revenue from Kidston Solar project

04 Dec 2017 - Power generation development company Genex Power (ASX:GNX) achieves the first revenue for stage 1 of the Kidston Solar project.

Pacific Energy to acquire NovaPower

04 Dec 2017 - Power generation company Pacific Energy (ASX:PEA) announces it will acquire a Victorian power generation plant, NovaPower, for $7.5 million.

Metcash revenue up 7.6%

04 Dec 2017 - Metcash (ASX:MTS) records a 7.6 per cent increase in group sales revenue to $7.06 billion in the first half of 2018 to October 2017, compared to $6.56 billion in the …

Gentrack signs contract with Npower

04 Dec 2017 - Utilities software developer Gentrack (ASX:GTK) signs a contract with UK-based energy supplier, Npower, to provide its Junifer product to the UK energy sector.

Wall St in the red, but iron ore soars: Aus shares to open higher

04 Dec 2017 - Market Outlook in 3 mins: Wall Street was in selling territory on Friday, with the major indices finishing in the red. Iron ore has soared 5.5 per cent higher, settin…

Macmahon awarded five-year Dacian Gold mine contract

01 Dec 2017 - Mining contractor Macmahon (ASX:MAH) has been awarded a five year mining contract for the Mount Morgans Gold Mine in the Western Australian goldfields from a subsidia…

PhytoTech Therapeutics announces management changes

01 Dec 2017 - Medicinal cannabis producer MMJ PhytoTech (ASX:MMJ) announces the Chief Executive Officer of its 100 per cent owned Israeli-based subsidiary PhytoTech Therapeutics, D…

Telstra lowers FY18 guidance by $700m from NBN hit

01 Dec 2017 - Telstra (ASX:TLS) revises its FY2018 guidance by $700 million after a setback from the National Broadband Network (NBN) rollout affected by the NBN corporate plan, in…

ACCC drops Tabcorp-Tatts merger review

01 Dec 2017 - The ACCC decides it will not apply for judicial review of the Australian Competition Tribunal’s authorisation of the Tabcorp (ASX:TAH) and Tatts Group (ASX:TTS) combi…

All-time highs as tax plan gets closer: Aus shares to open higher

01 Dec 2017 - Market Outlook in 3 mins: The Dow finished 331 points higher, hitting an all-time high above 24,000 points and the S&P 500 was also in record territory, while the Nas…

Westgold Resources forms alliance with Golden Energy and Resources

01 Dec 2017 - Gold producer Westgold Resources (ASX:WGX) forms an alliance with Golden Energy and Resources to support the company’s expansion and further growth options.

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