Finance News Network

News by Katrina Bullock

Katrina Bullock

Finance News Network

Magnis Energy (ASX:MNS) appoints dream team

05 Mar 2021 - Green energy giant, Magnis Energy Technologies (ASX:MNS) has appointed an impressive team to lead production at its Lithium-ion Battery Plant in New York.

Italy blocks vaccine shipment to Australia: Aus shares poised to open lower

05 Mar 2021 - Aussie futures are indicating that the market will start the day in negative territory. This follows a volatile trading session on Wall Street. US markets ended the d…

Court excuses Bellevue Gold (ASX:BGL)

05 Mar 2021 - The Supreme Court of Western Australia has excused Bellevue Gold (ASX:BGL) for its failure to correctly appoint its auditor at the company’s AGM.

Redbubble (ASX:RBL) CEO invests $2M in company

05 Mar 2021 - The CEO of Redbubble (ASX:RBL) has purchased over $2 million worth of the company’s shares.

Lynas (ASX:LYC) NPAT up over 900%: Aus market down 1.8% over week

26 Feb 2021 - Aussie shares dropped in early trade and tracked sideways for most of the afternoon to end 2.4 per cent lower. The Information Technology sector led the losses today,…

Tech sector down over 6% on rate fears: Aus shares 2.2% lower at noon

26 Feb 2021 - The Australian share market opened lower following negative leads from Wall Street. It fell in early trade and is tracking 2.2 per cent lower at noon. All of the sect…

a2 Milk Company (ASX:A2M) appoints Bessie Lee as director

26 Feb 2021 - The A2 Milk Company (ASX:A2M, NZX:ATM) has appointed Bessie Lee as an independent non-executive director to replace Jesse Wu.

Sezzle (ASX:SZL) losses deepen as sales continue to rise

26 Feb 2021 - Buy now, pay later player Sezzle (ASX:SZL) has seen its net loss soar to $US31.9 million for the year ended 31 December 2020.

US flash spike in treasury bonds drags equities down: Aus shares set to open lower

26 Feb 2021 - Aussie shares are poised to drop at the open following a retreat in US markets. Rising US bond yields seem to have spooked investors. The 10-year Treasury yield exper…

Reece (ASX:REH) EBITDA up 12% in HY21

26 Feb 2021 - Plumbing and bathroom supplies company Reece (ASX:REH) achieved 3.07 billion in sales revenue in the half-year ended 31 December 2020.

Prime Media (ASX:PRT) profit up 126.9% on PCP

26 Feb 2021 - Prime Media’s (ASX:PRT) interim financial results for the half-year ended 31 December 2020 show total revenue edged 1 per cent higher year on year to $91.7 million.

5-day Victorian lockdown from tomorrow: Aus shares down 0.5% over week

12 Feb 2021 - Despite a positive start to the week on Monday, the Australian share market lost ground throughout the week and ended on a negative note. The ASX200 sunk this afterno…

Genworth (ASX:GMA) scraps dividend after $174M loss: Aus shares 0.3% lower at noon

12 Feb 2021 - The Australian share market opened flat following mixed leads from Wall Street and is tracking 0.3 per cent lower at noon. Most of the sectors are down this morning w…

Mirvac (ASX:MGR) statutory profit drops over 35% on PcP

12 Feb 2021 - Mirvac Group’s (ASX:MGR) statutory profit after tax dropped over 35 per cent to $396 million in the half year ended 31 December 2020, compared to the same half year i…

Bailador Technology (ASX:BTI) NTA rises 12.3%

12 Feb 2021 - Bailador Technology Investments (ASX:BTI) says pre-tax net tangible assets per share rose 12.3 per cent to $1.39 for the first half of the 2021 financial year.

Baby Bunting (ASX:BBN) lifts dividend after profit jumps almost 55%

12 Feb 2021 - Baby Bunting Group (ASX:BBN) saw statutory net profit after tax rise 54.7 per cent to $7.5 million for the half year ended 27 December 2020.

Spark Infrastructure's (ASX:SKI) TransGrid raises $600m

12 Feb 2021 - Spark Infrastructure’s (ASX:SKI) TransGrid Services has secured $600 million via new five-year syndicated bank debt facilities.

Crown Resorts (ASX:CWN) board exodus continues: Aus shares set for a flat start

12 Feb 2021 - The ASX is set for a flat start after Wall Street retreated in late trade. The pull back in US stocks comes as investors seek to consolidate gains on the back of yest…

Etherstack (ASX:ESK) secures another defence contract

12 Feb 2021 - A subsidiary of radio tech company, Etherstack (ASX:ESK) has entered into an agreement with EOS Defence Systems to supply services to the Australian Department of Def…

Vasco Fung resigns from Shriro (ASX:SHM)

12 Feb 2021 - Sydney-based kitchen appliance distributor Shriro Holdings (ASX:SHM) has advised that Vasco Fung stepped down from the board yesterday after 24 years in the role.

Centuria Office REIT (ASX:COF) 1H21 results & outlook

05 Feb 2021 - Centuria Office REIT (ASX:COF) Fund Manager Grant Nichols discusses 1H21 highlights, the market conditions for leasing, and the outlook and trends for office markets.

AGL Energy (ASX:AGL) sinks on $2.7 billion write down: Aus shares down 0.7% at noon

04 Feb 2021 - The Australian share market opened slightly lower and continued to sink in early trade after Australia’s trade surplus for December came in weaker than expected. All …