Finance News Network

News by Kathy Skantzos

Kathy Skantzos

Finance News Network

Seven West Media launches app with Newzulu for ‘Summer of Sport’

16 Nov 2017 - Seven West Media (ASX:SWM) partners with crowd-sourced technology and media company Newzulu (ASX:NWZ) to build a new app for user-generated content of Channel 7’s “Su…

Despite lower leads, futures are up: Aus shares to open higher

16 Nov 2017 - Market Outlook in 3 mins: Wall Street closed lower, but the futures are up and the Australian share market looks set to open higher after our fourth straight day of l…

Adelaide Brighton to supply Lendlease in Northern Connector Project

16 Nov 2017 - Manufacturer of cement and lime, Adelaide Brighton, (ASX:ABC) signs a supply agreement with international construction company Lendlease (ASX:LLC) for the Northern Co…

Cash Converters’ UK website receives cyber threat

16 Nov 2017 - Second hand retailer Cash Converters (ASX:CCV) receives a cybersecurity email threat which claims to have gained unauthorised access to customer data through one of i…

Weak Wednesday: Aus shares 0.38% lower at noon

15 Nov 2017 - ASX dropped after a weak start from Wall Street. The drop in the iron ore price put a cap on gains. Health care and technology are performing well while the other sec…

Dulux Group reports FY17 growth

15 Nov 2017 - Paint manufacturing company Dulux Group (ASX:DLX) reports net profit after tax (NPAT) growth of 9.6 per cent to $142.9 million for the 2017 financial year to Septembe…

G Medical raises $13.5m in placement

15 Nov 2017 - Mobile health and e-health company G Medical (ASX:GMV) has raised $13.5 million through a heavily oversubscribed institutional and sophisticated investor placement.

AWE announces share placement and purchase plan

15 Nov 2017 - Oil and gas exploration company AWE (ASX:AWE) announces a fully underwritten institutional share placement to raise approximately $38 million.

Pact Group acquires Asian enterprises and ECP Industries

15 Nov 2017 - Australasian packaging company Pact Group (ASX:PGH) announces the acquisition of two Asian enterprises and Western Australian supply store ECP Industries, to be funde…

Weak leads from US markets: Aus shares to open lower

15 Nov 2017 - Market Outlook in 3 mins: Wall Street finishes in the red as GE shares continued 2-day fall. ASX set for a slower start, while it’s still sitting not far below the 59…

ASF issues $1m loan to ActivEX

15 Nov 2017 - Investor ASF Group (ASX:AFA) will provide $1 million in standby funding to mining company ActivEX (ASX:AIV) in a loan facility agreement.

Sensera announces deal with Abiomed

15 Nov 2017 - Sensera (ASX:SE1), a sensor manufacturer and player in the Internet of Things (IoT) market, discloses its supply agreement announced on Monday is with Abiomed, a US-b…

Vita Group acquires Clear Complexions for $9.5m

14 Nov 2017 - Retailer Vita Group (ASX:VTG) completes an acquisition of skin treatment clinic Clear Complexions for $9.5 million comprising cash and shares.

Aspen acquires Darwin FreeSpirit Resort for $19.5m

14 Nov 2017 - Aspen Group (ASX:APZ) acquires Darwin FreeSpirit Resort, a tourist park in the Northern Territory, for $19.5 million, making this transaction Aspen’s largest addition…

Incitec Pivot records 8% profit increase

14 Nov 2017 - Industrial chemical company Incitec Pivot (ASX:IPL) records net profit after tax of $319 million, an increase of $191 million, or 8 per cent, from FY2016.

Ruralco records 11% profit increase

14 Nov 2017 - Agribusiness company Ruralco (ASX:RHL) records an 11 per cent increase in underlying gross profit to $334.5 million in its FY2017 results to September.

GE falls while Boeing gains: Aus shares to open lower

14 Nov 2017 - Market Outlook in 3 mins: GE falls more than 7% while Boeing pulled Dow up. Markets were flat amid tax cut concerns. NAB will release business confidence figures for …

Magnis Resources receives $3M grant for gigafactory

14 Nov 2017 - Magnis Resources (ASX:MNS) has been granted $3.1 million from the Queensland government to support its feasibility study for the Townsville Lithium-ion battery gigafa…

Challenger receives revised S&P rating

14 Nov 2017 - Investment management firm Challenger (ASX:CGF) receives a BBB+ Standard & Poor’s (S&P) rating and Challenger Life Company has received an A rating.

BlueSky completes oversubscribed offering for $49m

10 Nov 2017 - Brisbane-based investment company BlueSky Alternatives Fund (ASX:BAF) raises approximately $49 million in an oversubscribed offering.

Living Cell Parkinson’s trial shows no efficacy

10 Nov 2017 - Biotech company Living Cell Technologies (ASX: LCT) has released top-line results of its Parkinson’s disease clinical trial, with efficacy endpoints not met.

Centuria Metropolitan REIT (ASX:CMA) talks FY17 results & outlook

10 Nov 2017 - Centuria Metropolitan REIT Limited (ASX:CMA) Trust Manager, Nicholas Blake, talks FY17 results, portfolio metrics and metropolitan office market demand.

News Corp reports 5% revenue increase in Q1

10 Nov 2017 - News Corp (ASX:NWS) records $2.1 billion in revenue in its first quarter of FY2018, a 5% increase from the previous year.

Dexus raises $653 million in US placement

10 Nov 2017 - Dexus (ASX:DXS) announces it has placed a long-dated US private placement offering totaling $653 million comprising both US and Australian dollars.

Neometals (ASX:NMT) increased production at Mt Marion

10 Nov 2017 - Neometals Limited (ASX:NMT) COO, Mike Tamlin, provides an update on production from the company's Mt Marion lithium project south-west of Kalgoorlie.

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