Finance News Network

News by Katrina Bullock

Katrina Bullock

Finance News Network

Worley (ASX:WOR) awarded services contract for European battery project

03 Jul 2020 - Worley (ASX:WOR) has been awarded a services contract from BASF. The contract is for engineering, procurement and construction management services needed to assist th…

Adbri (ASX:ABC) subsidiary loses $70M services contract

03 Jul 2020 - Cockburn Cement, which is a subsidiary of Adbri (ASX:ABC) has been informed by Alcoa of Australia that the company has elected not to renew its current lime supply co…

Infigen (ASX:IFN) board recommends Iberdrola takeover offer

03 Jul 2020 - The board of Australia's largest listed wind farm operator, Infigen Energy (ASX:IFN), unanimously recommends that investors accept the takeover offer lobbed by Iberdr…

Venus Metals (ASX:VMC) commences RC drilling

03 Jul 2020 - Venus Metals (ASX:VMC) in conjunction with its joint venture partner Rox Resources (ASX:RXL) has announced a reverse circulation drill program at the Penny …

Lovisa (ASX:LOV) to exit Spanish Market: Aus shares to open higher on US job data

03 Jul 2020 - Australian shares are set to rise at the open following gains on Wall Street overnight. Better than expected US job data bolstered equities. The US economy added 4.8 …

Mincor (ASX:MCR) completes $50M placement: Aus shares close 1.5% higher

26 Jun 2020 - The Australian share market rallied in the back half of the session to close 1.5 per cent higher. All of the sectors except Healthcare made ground today, with investo…

Spirit Telcom (ASX:ST1) to acquire VPD Group

26 Jun 2020 - Spirit Telcom (ASX:ST1) has agreed to acquire VPD Group for around $14 million.

Qantas Airways (ASX:QAN) completes $1.36B institutional placement

26 Jun 2020 - Qantas Airways (ASX:QAN) has successfully completed its $1.36 billion underwritten institutional placement.

Mercury NZ (ASX:MCY) drops EBITAF guidance

26 Jun 2020 - Electricity generator and retailer Mercury NZ (ASX:MCY) has reduced its 2020 financial year guidance.

Evolve Education (ASX:EVO) reports $13.3M loss

26 Jun 2020 - Evolve Education Group (ASX:EVO) has reported EBITDA of $8.2 million for the financial year ended 31 March 2020.

ACCC seeks to appeal Acacia Ridge terminal acquisition: Aus shares 1.1% higher at noon

26 Jun 2020 - The Australian share market opened slightly lower defying positive leads from international markets. It has however managed to gain ground early in the session and is…

TPG Telecom (ASX:TPM) spin-off Tuas set to list: Aus shares to open higher

26 Jun 2020 - Following positive leads from US markets, the Australian share market looks set to open higher. The national cabinet is meeting today and will discuss strategies for …

Heartbreaking job data drags market lower: Aus shares close 0.9% lower

18 Jun 2020 - The market sank at the open, was hit by job data that Prime Minister, Scott Morrison described as “heartbreaking”, and finished the day 0.9 per cent lower. Ship build…

ASX tumbles as unemployment reaches 7.1%: Aus shares down 1.6% at noon

18 Jun 2020 - The Australian share market has been sliding since the open following mostly negative leads from Wall Street. The much-anticipated labour force data revealed that the…

Air New Zealand (ASX:AIZ) expects $120M loss for FY20

18 Jun 2020 - Air New Zealand (ASX:AIZ) expects an underlying loss of around $120 million (before tax) for the 2020 financial year.

Turners Automotive (ASX:TRA) NPBT +11%

18 Jun 2020 - Turners Automotive Group (NZX:TRA) delivered an 11 per cent increase in net profit before tax to $28.8 million for the year ended 31 March 2020.

Temple & Webster (ASX:TPW) earnings soar 668% higher

18 Jun 2020 - Temple & Webster (ASX:TPW) has seen its YTD EBITDA soar 668 per cent higher to 7.1 million for the 2020 financial year ended 31 March 2020.

ResApp Health (ASX:RAP) signs MoU with RB

18 Jun 2020 - Digital health company, ResApp Health (ASX:RAP) has signed a memorandum of understanding with global health product manufacturer, RB.

Westpac to divest Pendal: Aus shares to open lower

18 Jun 2020 - The ASX is set to drop at the open after the Dow and the S&P 500 unwound some of the gains they managed to rack up over the last 3 sessions. Iron ore, gold and oil ar…

5 hacks for harnessing the power of social media in financial services

16 June 2020 - Social Tree Global co-founders, Max Hannah and James Saward-Anderson share their top 5 hacks for harnessing the power of social media in financial services.

Quantum computing hopeful Archer (ASX:AXE) reaches tech milestone: Aus shares off to a rocky start

15 Jun 2020 - Despite positive international leads coming into the session, the Australian share market opened lower and is off to a rocky start. ABS data released today shows the …

Zlatko Todorcevski appointed new Boral (ASX:BLD) CEO & MD

15 Jun2020 - The Board of construction materials supplier, Boral (ASX:BLD) has appointed Zlatko Todorcevski as CEO and managing director to replace Mike Kane.

GR Engineering Services (ASX:GNG) secures $107 million contract

15 Jun 2020 - GR Engineering Services (ASX:GNG) has been awarded a design and construction contract for work at the Lake Way Project.

Super Retail Group (ASX:SUL) set to raise $203 million

15 Jun 2020 - Super Retail Group (ASX:SUL) has announced a $203 million underwritten, 1 for 7 renounceable entitlement offer.

Gentrack (ASX:GTK) executive chairman resigns

15 Jun 2020 - The executive chairman of essential service software provider Gentrack Group (ASX:GTK) John Clifford has resigned from the post for personal health reasons.

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