Finance News Network

News by Kathy Skantzos

Kathy Skantzos

Finance News Network

Energy World International converts US$25m note into ordinary shares

01 Dec 2017 - Energy company, Energy World Corporation’s (ASX:EWC) major shareholder Energy World International intends to convert its US$25 million note into ordinary shares at AU…

Aristocrat Leisure acquires Big Fish for US$990m

30 Nov 2017 - Aristocrat Leisure (ASX:ALL) announces today it has acquired 100 per cent of social gaming company Big Fish for US$990 million.

Tabcorp settles with CrownBet’s opposition of merger

30 Nov 2017 - Tabcorp (ASX:TAH) settles CrownBet’s opposition to the $11 billion proposed combination of Tabcorp (ASX:TAH) with Tatts Group (ASX:TTS).

Southern Cross Austereo refinances debt to 2021

30 Nov 2017 - Media group Southern Cross Austereo (ASX:SXL) refinances its debt facilities through to January 2021, comprising a 3-year revolving $500 million facility.

CIMIC’s Leighton Asia to work on $390m HK airport’s T2

30 Nov 2017 - A CIMIC (ASX:CIM) group company, Leighton Asia, with its joint venture partner, has been selected to construct the $390 million Terminal 2 structural works at Hong Ko…

Tech stocks fall: Aus shares to open lower

30 Nov 2017 - Market Outlook in 3 mins: The Dow rose 103 points, closing on a record high, and the Nasdaq went the other way with tech stocks declining. Macmahon (ASX:MAH) executed…

BP & Woolworths petrol station deal delayed

30 Nov 2017 - Woolworths (ASX:WOW) and BP request the ACCC delays BP’s proposed $1.8 billion acquisition of Woolworths’ more than 500 petrol stations so the regulator can consider …

Bank of Queensland completes capital notes bookbuild

30 Nov 2017 - Bank of Queensland (ASX:BOQ) announces the successful completion of its bookbuild for the offer of capital notes, which was increased to $325 million from $300 millio…

Appen to acquire new acquisitions for US$80m

29 Nov 2017 - Machine learning and artificial intelligence developer Appen (ASX:APX) announces today it has agreed to acquire Californian-based Leapforce and RaterLabs for a total …

Slater & Gordon’s recapitalisation proposal affects share price

29 Nov 2017 - Legal firm Slater & Gordon (ASX:SGH) sees higher than usual trading volumes in its shares following the announcement yesterday that senior lenders approved its propos…

Gentrack records revenue and profit increases in FY2017

29 Nov 2017 - Software company Gentrack (ASX:GTK) reports revenue and profit both up 43 per cent for the FY2017 year, excluding its acquisitions for the year, with revenue hitting …

Bingo completes $106m capital raise

29 Nov 2017 - Bingo Industries (ASX:BIN) completes a $106 million capital raise in its institutional entitlement offer.

In the green: Aus shares to open higher

29 Nov 2017 - Market Outlook in 3 mins: Wall Street closed in the green with all the major indices hitting record highs. The ASX is set for a positive day of trade. The Dow closed …

Synlait Milk’s long-time CEO and founder to step down

29 Nov 2017 - Synlait Milk (ASX:SM1) today announces its long-time Chief Executive Officer and Founder John Penno intends to step down from his position in the next 12 months.

Fastbrick Robotics completes $35m placement

29 Nov 2017 - Australian robotics company Fastbrick Robotics (ASX:FBR) completes the issue of more than 184 million fully paid ordinary shares in a placement to the value of $35 mi…

Finders Resources hits back at Eastern Field comments

28 Nov 2017 - Finders Resources (ASC:FND) advises shareholders to not take any action in relation to a media release from Eastern Field Developments regarding its off-market cash o…

Ainsworth Game Technology focuses on the Americas

28 Nov 2017 - Ainsworth Game Technology (ASX:AGI) said the company will focus on expanding into online markets and explore new licensing opportunities in Latin America at its annua…

Webjet mobile phone tech driving B2C growth

28 Nov 2017 - Travel booking website Webjet (ASX:WEB) said it is targeting business to customer (B2C) growth as a key driver for gaining market share.

Tawana Resources lithium production on track for 2018

28 Nov 2017 - Mining company Tawana Resources (ASX:TAW) with Perth-based Alliance Mineral Assets is on track to commence lithium production at the beginning of next year.

Flat close from US: Aus shares to open lower

28 Nov 2017 - Market Outlook in 3 mins: US markets have closed in mainly negative territory, setting the Australian share market to open flat this morning, with iron ore declining …

Trilogy delivers modest growth in H1 FY18

28 Nov 2017 - Natural skincare company Trilogy (ASX:TIL) reports its first half FY2018 revenue has increased 4 per cent to $49.7 million, however EBITDA declined by nearly $1 milli…

South32 investing in South Africa Energy Coal

28 Nov 2017 - South32 (ASX:S32) announces it will manage South Africa Energy Coal as a stand-alone business from April 2018 with an investment of 4.3 billion South African rand, eq…

Yojee signs long-term SaaS agreement with Scharff

27 Nov 2017 - Artificial intelligence (AI) supply chain technology company Yojee (ASX:YOJ) signs a long-term Software as a Service (SaaS) agreement with Scharff, a FedEx global ser…

Kyckr to commence proof of concept with Prudential Singapore

27 Nov 2017 - Technology company Kyckr (ASX:KYK) announces it will commence a proof of concept with Singaporean life insurance company Prudential Singapore for smart client onboard…

Bingo Industries acquires recycling facilities through $120m capital raise

27 Nov 2017 - Bingo Industries (ASX:BIN) acquires building and demolition recycling and waste management business National Recycling Group and Patons Lane Recycling Centre and Land…

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