Finance News Network

News by Katrina Bullock

Katrina Bullock

Finance News Network

CBA appoints Simon Moutter to board: Aus shares to open higher

15 Jun 2020 - The Australian share market is set to open higher this morning after Wall Street rebounded on Friday. Technology and financial stocks led the recovery. Coronavirus de…

Tower (ASX:TWR) voluntarily refunds $7.2M: ASX secures 6th week of gains

05 Jun 2020 - The Australian share market made a comeback this afternoon to finish 0.1 per cent higher today, falling just short of the 6,000 point level. The market was buoyed by …

FIRB approval for Avita (ASX:AVH) US move: Aus shares 0.3% lower at noon

05 Jun 2020 - The Australian share market is off to a weak start following mixed leads from Wall Street. It has been a see-saw morning in early trade with the ASX200 down 0.3 per c…

Silex Systems (ASX:SLX) rejoices as US DOE amends sales agreement

05 Jun 2020 - R&D company Silex Systems (ASX:SLX) has announced that the 2016 Sales Agreement between Global Laser Enrichment and the US Department of Energy has been amended to be…

AER releases 5yr regulatory decision for SA Power Networks

05 Jun 2020 - The Australian Energy Regulator (SER) today released its final decision for the next five-year regulatory period for SA Power Networks. Spark Infrastructure Group (AS…

Encounter Resources (ASX:ENR) breaks ground on WA project

05 Jun 2020 - Mineral explorer, Encounter Resources (ASX:ENR) has commenced exploration of the Paterson Province in Western Australia under its earn-in and joint venture agreement …

Kogan.com (ASX:KGN) gross sales double

05 Jun 2020 - Online retailer, Kogan.com (ASX:KGN) has released an impressive trading update for the fourth quarter-to-date. Compared to the same period last year, Kogan’s gross sa…

Atomo Diagnostics (ASX:AT1) expands covid partnership: Aus shares to open lower

05 Jun 2020 - Australian shares are set to open lower this morning. Wall Street closed mixed last night as investors pulled the handbrake on the multi session equity rally as weak …

5th consecutive week of gains: Aus gain 4.5% over week

29 May 2020 - Despite today’s losses, the market finished the week 4.5% higher. That’s the fifth consecutive week of gains for the ASX200. Investors are optimistic that the easing …

Private sector credit steady in April: Aus shares 1.1% lower at noon

29 May 2020 - The Australian share market opened lower and slid throughout the morning as the big four bank rally that we have been seeing the first 4 sessions of the week came to …

Gentrack (ASX:GTK) EBITDA down 78% on 1H FY19

29 May 2020 - Utilities software solutions provider, Gentrack Group (ASX:GTK) has seen a 78 per cent decline in EBITDA to $4.3 million for the half-year to 31 March 2020, compared …

Atlas Arteria (ASX:ALX) completes $420 million equity raising

29 May 2020 - Toll road operator, Atlas Arteria (ASX:ALX) has successfully completed its $420 million equity raising.

Tower (ASX:TWR) reports $14.9M first half profit

29 May 2020 - New Zealand insurer, Tower (ASX:TWR) has reported first half profit of $14.9 million after tax.

Online education booms for Kip McGrath (ASX:KME)

29 May 2020 - Kip McGrath Education Centres (ASX:KME) have seen a boost in online business on the back of covid 19.

Nine Entertainment cheers as NRL season kicks off: Aus shares to open lower

29 May 2020 - Australian futures are pointing to a weak start after the Dow dropped almost 300 points in late session trade. The Australian National Cabinet will meet today to disc…

AngloGold Ashanti (ASX:AGG) suffers 4 fatalities in Q1: Aus shares close 1.3% higher

11 May 2020 - The Australian market rose today as state and territory leaders clarified plans to reopen the economy in their jurisdictions. It ended the day 1.3 per cent higher. Th…

Market rallies on hopes of economy reopening: Aus shares 1.1% higher at noon

11 May 2020 - The Australian share market opened higher following positive leads from international markets and has jumped 1.1% higher at noon. Advanced Nanotek (ASX:ANO) expects i…

Suncorp (ASX:SUN) on the hook for $40-$70M payroll remediation

11 May 2020 - Suncorp Group (ASX:SUN) today released its quarterly update as at 31 March 2020. The company expects a collective provision of $133 million due to the impact of covid…

Cochlear (ASX:COH) revenue drops 60%

11 May 2020 - Implantable hearing device provider Cochlear (ASX:COH) reports that sales revenue across the business declined by around 60 per cent in April year on year.

Z Energy (ASX:ZEL) reports $88 million loss

11 May 2020 - Z Energy (ASX:ZEL) reported a net loss after tax of $88 million New Zealand dollars for the year ending 31 March 2020.

Chalice Gold Mines (ASX:CHN) uncovers golden opportunity

11 May 2020 - Chalice Gold Mines (ASX:CHN) reports positive results at its 100%-owned Julimar Nickel-Copper Project.

iSignthis (ASX:ISX) loses the battle but continues to wage the war: Aus shares to open higher

11 May 2020 - Despite disturbing job data coming out of the US on Friday, investors showed a willingness to look beyond the short-term impacts of Covid-19. US stocks held onto thei…

Federal cabinet plans to ease covid restrictions: Aus shares close 0.5% higher

08 May 2020 - The Australian share market ended the day 0.5% higher after the Federal government announced a plan to have most of the economy reopened by July. Each phase will be s…

News Corp (ASX:NWS) reports $1.1B impairment: ASX200 up 0.7%

08 May 2020 - The Australian share market opened higher and is now tracking 0.7 per cent higher at noon. The Real Estate Invest Trust sector is leading the charge. All of the secto…

PainChek (ASX:PCK) patent

08 May 2020 - PainChek® (ASX:PCK) has received a notice of allowance from the Australian Patent Office for its pain assessment invention.

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