Finance News Network

News by Kathy Skantzos

Kathy Skantzos

Finance News Network

Wall St continues record highs: Aus shares to open higher

15 Jan 2018 - Market Outlook in 3 mins: It continues to be a good start to the trading year, with Wall Street closing off Friday’s session in the green. Stocks got a boost from str…

Blue Energy raises $2 million

12 Jan 2018 - Oil and gas exploration company Blue Energy (ASX:BUL) raises $2 million through a targeted share placement with global institutional investor IMF Investors

Propel Funeral Partners receives all cash takeover bid

12 Jan 2018 - Funeral services company Propel Funeral Partners (ASX:PFP) receives an all cash takeover bid for the entire issued share capital of Norwood Park.

Kirkland Lake Gold reports record production

12 Jan 2018 - Gold producer Kirkland Lake Gold (ASX:KLA) announces all its operating mines resulted in record annual and quarterly production for the full year and fourth quarter o…

Bingo Industries faces EPA fine

12 Jan 2018 - Waste management company Bingo Industries (ASX:BIN) is facing a fine from the Environmental Protection Agency (EPA) regarding the company’s licensing limits at Bingo’…

Optimism on Wall St: Aus shares to open higher

12 Jan 2018 - Market Outlook in 3 mins: Money has gone back in to the markets after yesterday’s falls, with the major markets on Wall Street finishing in the green. Real estate inv…

Beach Energy discovers new gas field

12 Jan 2018 - Oil and gas exploration company Beach Energy (ASX:BPT) discovers a new gas field in the onshore Otway Basin in South Australia.

Incitec Pivot ceases to be Roy Hill supplier

12 Jan 2018 - Manufacturer of explosives chemicals for the mining industry Incitec Pivot (ASX:IPL) announces it will cease to be the contracted supplier for the Roy Hill iron ore m…

Downfall: Aus shares 0.52% lower at noon

11 Jan 2018 - Following weak leads from US markets, the Australian share market opened lower and is continuing to drop as the day progresses. Retail sales increased 1.2 per cent in…

Base Resources reports steady zircon production

11 Jan 2018 - Mining company Base Resources (ASX:BSE) reports steady production in zircon at its Kwale mineral sands operation in Kenya, with a further price increase of the miner…

Pharmaxis receives €10 million payment

11 Jan 2018 - Pharmaceutical research company Pharmaxis (ASX:PXS) triggers a €10 million payment after dosing its first patient in a Boehringer Ingelheim clinical trial.

Nearmap sees H1 FY18 growth

11 Jan 2018 - Aerial imagery company Nearmap (ASX:NEA) reports growth in both its US and Australian markets in the first half of the 2018 financial year.

Rio to sell aluminium smelter for US$500 million

11 Jan 2018 - Mining giant Rio Tinto (ASX:RIO) has been offered US$500 million to sell its aluminium smelter in northern France to UK metals company Liberty House.

Biggest drop of the year so far: Aus shares to open lower

11 Jan 2018 - Market Outlook in 3 mins: The US markets retreated from gains seen so far this year, with the major indices falling by market close, setting the ASX up for a weaker d…

Medusa partners with SEA Resources

11 Jan 2018 - Mining company Medusa (ASX:MML) partners with South East Asia (SEA) Resources, signing an MOU agreement for an exploration opportunity in the Prek Kampi region of Cam…

Auswide enters agreement to divest MoneyPlace

11 Jan 2018 - Auswide Bank (ASX:ABA) enters into an agreement to divest its equity stake in P2P lender MoneyPlace.

Vita Group exceeds EBITDA guidance

10 Jan 2018 - Sales organisation Vita Group (ASX:VTG) announces it expects to deliver EBITDA of around $20 million for the six months to 31 December 2017, exceeding the initial gui…

Medlab Clinical receives licence to sell cannabis product

10 Jan 2018 - Pathology practice Medlab Clinical (ASX:MDC) announces it has received a licence from the Victorian government which allows the company to sell and supply cannabis.

Pushpay surpasses ACMR by 84%

10 Jan 2018 - Payment provider Pushpay (ASX:PPH) announces it has surpassed its US$100 million annualised committed monthly revenue (ACMR) target by US$6.4 million, achieving US$10…

Nuheara partners with ams AG to launch LiveIQ

10 Jan 2018 - Technology company Nuheara (ASX:NUH) partners with a global semiconductor manufacturer ams AG to launch its LiveIQ noise cancelling wireless earbuds.

On a roll: Aus shares to open higher

10 Jan 2018 - It was a positive day of trade in yesterday’s session on Wall Street, with the major indicies finishing at record highs. Insurance company QBE (ASX:QBE) announces the…

LiveTiles partners with CESMII

10 Jan 2018 - Global software company LiveTiles (ASX:LVT) announces a strategic partnership with US Department of Energy-backed Clean Energy Smart Manufacturing Innovation Institut…

Australian Vanadium sees positive test results

10 Jan 2018 - Mining company Australian Vanadium (ASX:AVL) said it has received encouraging test results from initial testing of vanadium, iron and titanium on its Gabanintha proje…

Brambles enters into agreement to sell CHEP Recycled for US$115 million

09 Jan 2018 - Supply chain logistics company Brambles (ASX:BXB) has announced it has entered into an agreement to sell its North American CHEP Recycled business for US$115 million.

Bingo Industries receives consent to build recycling facility

09 Jan 2018 - Waste management company Bingo Industries (ASX:BIN) announces it has completed the Patons Lane and National Recycling Group acquisitions, and has also received approv…

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