Finance News Network

News by Katrina Bullock

Katrina Bullock

Finance News Network

Sigma (ASX:SIG) GM charged with insider trading: Aus shares down 0.6%

30 Oct 2020 - A negative day of trade for the last trading session of the month. After rising at the open, and losing steam mid-session, the ASX 200 unwound some of its losses duri…

Nutritional Growth Solutions's (ASX:NGS) debut success

30 Oct 2020 - Nutritional Growth Solutions (ASX:NGS) debuted on the ASX with a bang today.

US tech earnings beat expectations: Aus shares 0.1% lower at noon

30 Oct 2020 - As predicted, the ASX200 bounced at the open after quarterly earnings of major US tech stocks - Facebook, Apple, Twitter and Alphabet exceeded analyst expectations.

Ares takeover bid for AMP (ASX:AMP)

30 Oct 2020 - AMP (ASX:AMP) has confirmed that it received a takeover offer from Ares Management Corporation.

Sandfire Resources (ASX:SFR) to buys 85% JV interest in Red Bore

30 Oct 2020 - Sandfire Resources (ASX:SFR) has entered into agreements that will see it acquire an 85% joint venture interest in the Red Bore Copper Project.

Heartland (ASX:HGH) NPAT up 7.2% YoY

30 Oct 2020 - New Zealand-registered bank, Heartland Group Holdings (ASX:HGH) has released its results for the financial year ended 30 June 2020.

Autohome takeover bid for iCar Asia (ASX:ICQ)

30 Oct 2020 - Automotive portal operator, iCar Asia (ASX:ICQ) has received a non-binding proposal from Autohome Inc. to acquire the shares of iCar for $0.50 cash per share by way o…

Healthia (ASX:HLA) acquisition sweep: Aus shares to bounce at the open

30 Oct 2020 - Aussie stocks are set to bounce at the open, following a late recovery on Wall Street. US stocks sprang back in anticipation of quarterly earnings results from a numb…

China's recovery slower than expected: Aus shares close 0.9% higher

19 Oct 2020 - The Australian share market opened flat, rose in early trade and tracked sideways for most of the day to end 0.9 per cent higher. All of the sectors, except REITs mad…

AUSTRAC investigates Crown (ASX:CWN): Aus shares 0.97% higher at noon

19 Oct 2020 - The Australian share market opened flat and is trading 0.97 per cent higher at noon. All of the sectors have advanced this morning, except Real Estate Investment Trus…

Monadelphous (ASX:MND) profit down $14 million YoY

19 Oct 2020 - Australian engineering group Monadelphous (ASX:MND) has released its annual report for the period ended 30 June 2020.

Home Consortium (ASX:HMC) to appoint Christopher Saxon as Independent Chairman

19 Oct 2020 - Australian property group, Home Consortium (ASX:HMC), has announced that Christopher Saxon will become Independent Chairman from 1 January 2021.

Metlifecare (ASX:MEQ) $1.3 billion takeover to proceed

19 Oct 2020 - Retirement village operator, Metlifecare (ASX:MEQ) has confirmed this morning that the Takeover Panel will provide it with a ‘no objection’ statement in regards to it…

Worley (ASX:WOR) eligible for UKs $540M commercial paper programme

19 Oct 2020 - Global engineering company Worley (ASX:WOR) has confirmed that it is eligible for the Bank of England Covid Corporate Financing Facility, for a $540 million commercia…

Melbourne lockdown restrictions ease: Aus shares to open higher

19 Oct 2020 - Australian shares are set to open higher after Victoria’s Premier, Daniel Andrews, announced the easing of restrictions last night. New Zealand Prime Minister Jacinda…

Aussie Broadband (ASX:ABB) rises 91 per cent on debut: Aus shares close 0.5% lower

16 Oct 2020 - The Australian share market slumped after 2pm and closed 0.5 per cent lower. At the closing bell the S&P/ASX 200 index closed 34 points lower to finish at 6,177. Over…

Space Systems (ASX:EOS) secures $5.1M defence contract: Aus shares 0.1% higher at noon

16 Oct 2020 - The ASX saw a modest drop at the open and is now trading 0.1 per cent higher mid-session. The property majors are dragging on the index this morning. Meanwhile a stro…

Shareholder pressure forces more Boral (ASX:BLD) board changes

16 Oct 2020 - Boral (ASX:BLD) is looking to shift up its board composition again following shareholder concerns regarding director accountability for past performance and the level…

Tilt Renewable (ASX:TLT) production up 43% on PCP

16 Oct 2020 - Tilt Renewable’s (ASX:TLT) production result for the July to September 2020 quarter was 43 per cent above the prior corresponding period, primarily due to the commiss…

Beacon Lighting Group (ASX:BLX) online sale up 156% on PCP

dd Mmm 2020 - Beacon Lighting Group’s (ASX:BLX) group sales have increased 24.3 per cent in the July to September 2020 quarter, compared to the same quarter in 2019. Online sales s…

New Hope (ASX:NHC) cuts 75% of jobs at corporate office

16 Oct 2020 - New Hope Corporation (ASX: NHC) is undergoing a major restructure with up to 75% of the workforce at its corporate office to be made redundant by the end of November …

US and Europe stocks sink on Covid resurgence: Aus shares to open lower

16 Oct 2020 - The ASX is set to drift lower at the open, following weak sessions in international markets as we see a resurgence in Covid-19 cases across Europe and the United Stat…

Another record US lending quarter for QuickFee (ASX:QFE): Aus shares close flat

09 Oct 2020 - Over the week, the market has gained 311 points or 5.1 per cent. Every sector made gains this week, with Energy climbing over 9 per cent, Financials and Tech stocks e…

RBA warns of commercial property risks: Aus shares 0.1% lower at noon

09 Oct 2020 - The Australian share market opened slightly higher and is off to a rocky start, rising and falling below the line in early trade. The Reserve Bank of Australia has re…

Charter Hall (ASX:CQE) acquires Queensland hospital for $122.5 million

09 Oct 2020 - Charter Hall Social Infrastructure REIT (ASX:CQE) has entered into an agreement to acquire 14 Stratton Street, Newstead, Queensland for $122.5 million.

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