Finance News Network

News by Katrina Bullock

Katrina Bullock

Finance News Network

Treasury Wine Estates downgraded: Aus shares 0.1% higher at noon

15 Feb 2019 - The Australian share market opened lower following mixed leads from Wall Street but is now tracking 0.1 per cent higher at noon. The Real Estate, Communications and E…

Recce Pharmaceuticals raises $1.8M

08 Feb 2019 - Recce Pharmaceuticals (ASX:RCE) has raised $1.8 million via a placement from sophisticated and institutional investors.

MediPharm Labs management changes

08 Feb 2019 - Global cannabis investment company, MMJ Group Holdings (ASX:MMJ) have announced that one of their investments, MediPharm Labs, has changed management.

Gentrack signs its largest contract with UK water retailer to date

08 Feb 2019 - Essential services software provider, Gentrack Group (ASX:GTK), has secured a new contract to supply billing and customer management software to a UK water retailer o…

ESR in control of 34.58% of Propertylink Group shares

08 Feb 2019 - ESR confirms that 34.58 per cent of the fully paid ordinary stapled securities in Propertylink Group (ASX:PLG) on issue have either been accepted by ESR, they have in…

China and US Trade deal stalls: Aus shares to open lower

08 Feb 2019 - ASX set to open lower following on from Wall Street's negative close. This follows fears the Trump administration will not reach a trade deal with China before the tr…

Austal awarded US$16.3M contract: market 0.15% higher over week

25 Jan 2019 - The ASX200 opened in the black and gained momentum throughout the day to close 0.7 per cent higher. The Real Estate and Utilities sectors were out in front today but …

Aged care sector slides: ASX200 gains 1.8% over week

18 Jan 2019 - The ASX200 continues its rise, closing 0.5 per cent higher today. This marks the fourth day of gains. All of the sectors closed higher. Royal Commission caused Regis …

Market up 0.3% over week: Aus shares close 0.4% higher Friday

07 Dec 2018 - After a positive open and some rallies this morning the local bourse lost some ground in the afternoon, but still managed to close 0.4 per cent higher. This rebound c…

Coca Cola to sell SPC: Aus shares close 1.6% lower

30 Nov 2018 - The market opened lower, saw heavy sell offs throughout the day, closing 1.6 per cent lower. All sectors ended in the red. Coca Cola Amatil's (ASX:CCL) share price ha…

Citi downgrades Wesfarmers: Aus shares close 0.44% higher

23 Nov 2018 - A positive day of trade for the Australian share market. After opening in the red, the market managed to claw out of negative territory and maintained momentum to end…

Fluence awarded new water treatment contract

19 Nov 2018 - Water solutions company, Fluence Corporation (ASX:FLC) has been awarded a contract to deliver six MABR-based Aspinal packaged solutions in China in a new partnership …

Successful placement for Future Generation Investment Company

19 Nov 2018 - Future Generation Investment Company (ASX:FGX) will begin trading again today after raising over $43.9 million through a placement to existing investors.

Viva Energy $66.7 million write down

19 Nov 2018 - Viva Energy Group (ASX:VEA) revised its EBITDA forecasts for the 2018 financial year from its refining business, down from $216.7 million to approximately $150 millio…

Fairfax Media shareholders to vote on proposed merger

19 Nov 2018 - Fairfax Media (ASX:FXJ) scheme meeting in Sydney today relating to the proposed merger of Fairfax and Nine Entertainment Co. Holdings (ASX:NEC). Board continues to un…

Metcash to open new distribution centre in South Australia

19 Nov 2018 - Metcash (ASX:MTS) has inked a long term lease agreement with Charter Hall to build and lease a distribution centre at Gepps Cross in South Australia.

VGI Partners Global Investments share price increases 13.5%

19 Nov 2018 - VGI Partners Global Investments (ASX:VG1) has reported its net profit before tax of $47.4 million since from its IPO in September 2017 to 30 June 2018.

Wall Street closed mixed: ASX poised to open higher

19 Nov 2018 - Following mixed leads from the US market, the Australian share market looks set to open higher. The SPI is eyeing a gain of about 17 points despite a mixed session on…

Financial sector drags: Aus shares close 0.1% lower

16 Nov 2018 - Opened in the black following positive leads from the US, dipped in the afternoon, and closed 0.1 per cent lower. The Info Tech sector was the strongest performing se…

Market closes as flat as a pancake: Aus shares 0.1% higher

09 Nov 2018 - Local bourse ended the session 0.1 per cent down, Energy leading the drag, followed by the Tech and Consumer Discretionary sectors. Shares in property major, Lendleas…

FAR Samo-1 well results below expectations

09 Nov 2018 - Oil and gas exploration and development company, FAR (ASX:FAR) has seen lower than expected results from drilling at its Samo-1 offshore well in The Gambia.

Lendlease Group $350 million write down

09 Nov 2018 - Property major Lendlease Group (ASX:LLC) is set to see a write down of about $350 million (after tax) in 1H19.

Market recovers in PM: Aus shares close 0.1% higher

02 Nov 2018 - The market opened lower today despite positive leads from Wall Street. It showed signs of recovery around midday and again during the last hour of trading, closing 0.…

Woolworths board recommends vote against additional disclosures

02 Nov 2018 - The board of Woolworths Group (ASX:WOW) recommends that shareholders do not support a resolution to provide additional disclosures regarding supply chain.

Livetiles forms strategic partnership with Victory Tech Services

02 Nov 2018 - Global software company LiveTiles (ASX:LVT) has announced a strategic partnership with Victory Tech Services, a leading IT service provider to US Government departmen…

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