Finance News Network

News by Lauren Evans

Lauren Evans

Vulcan Energy (ASX:VUL) announces geothermal plant acquisition

10 Dec 2021 - Vulcan Energy (ASX:VUL) has agreed to acquire a geothermal renewable energy power plant from energy supplier Pfalzwerke AG in Germany.

EBOS (ASX:EBO) raises $642m to acquire LifeHealthcare for $1.7bn

10 Dec 2021 - NZ medical wholesaler EBOS (ASX:EBO) has raised $642 million (NZ$674 million) through a placement to partly fund the $1.7 billion acquisition of medical device distri…

Tech & energy sector lift, Iron ore miners rally: ASX closes 1% higher

08 Dec 2021 - The ASX rose further in the afternoon session as miners, technology and energy stocks pushed ahead. At the closing bell, the S&P/ASX 200 was 1% or 92 points higher at…

Stocks of the Hour: Aristocrat Leisure, Telstra & Sydney Airport

08 Nov 2021 - A snapshot of the stocks on the move, featuring Aristocrat Leisure (ASX:ALL), Telstra (ASX:TLS) & Sydney Airport (ASX:SYD).

Telix Pharmaceuticals (ASX:TLX) signs distribution agreement in Spain

08 Dec 2021 - Telix Pharmaceuticals (ASX:TLX) has entered into an exclusive commercial distribution agreement with NUCLIBER for its prostate cancer investigational imaging product …

Nickel Mines (ASX:NIC) acquires 70% stake in Oracle nickel project

08 Dec 2021 - Nickel Mines (ASX:NIC) has executed an agreement with its partner Shanghai Decent Investment to acquire a 70% equity interest in the Oracle nickel project in central …

Altech Chemicals (ASX:ATC) achieves 30% higher energy density anode in lithium-ion battery

08 Dec 2021 - Altech Chemicals Limited (ASX:ATC) Managing Director Iggy Tan discusses the cracking of the "silicon barrier" in order to significantly increase the energy retention …

Miners rally, Zip Co & Mesoblast surge 10%: ASX up 0.9% at noon

08 Dec 2021 - The ASX is swimming in positive territory this morning thanks to strong gains from miners and technology stocks. At noon, the S&P/ASX 200 is 0.9% or 65 points higher …

Telstra (ASX:TLS) secures maximum amount of low band spectrum

08 Dec 2021 - Telecom giant Telstra (ASX:TLS) has secured the maximum amount of low band spectrum in the Australian Communications and Media Authority’s 850/900 MHz band auction, i…

Oil Search (ASX:OSH) & Santos (ASX:STO) receive ICCC approval for merger

08 Dec 2021 - Energy giants Oil Search (ASX:OSH) and Santos (ASX:STO) have received approval from Papua New Guinea's watchdog in relation to its merger.

Sydney Airport (ASX:SYD) confirms no final dividend

08 Dec 2021 - Sydney Airport (ASX:SYD) confirmed there will be no final dividend for 2021 given the significant impact of Covid-19.

Aristocrat (ASX:ALL) chief financial officer to depart

08 Dec 2021 - Aristocrat Leisure's (ASX:ALL) chief financial officer (CFO) Julie Cameron-Doe has resigned after more than eight years with the business and four years in the CFO ro…

Zip Co jumps 9%, RBA holds rates: ASX closes 1% higher

07 Dec 2021 - The ASX lifted higher in the afternoon session, while the Reserve Bank kept rates on hold at 0.1 per cent and brushed away concerns about the Omicron variant. At the …

Stocks of the Hour: Magellan, Bank of Queensland & Zip Co

07 Dec 2021 - A snapshot of the stocks on the move, featuring Magellan Financial Group (ASX:MFG), Bank of Queensland (ASX:BOQ) & Zip Co (ASX:Z1P).

Cimic's (ASX:CIM) Thiess secures two mining contracts

07 Dec 2021 - Cimic's (ASX:CIM) subsidiary Thiess has secured two mining services contracts in Queensland with a combined revenue of around $200 million.

Zip Co (ASX:Z1P) transactions jump in November

07 Dec 2021 - Buy now, pay later giant Zip Co (ASX:Z1P) has reported strong momentum in November, achieving a record monthly transaction volume of $906.5 million, up 52% year-on-ye…

Travel stocks rally, Magellan falls on CEO departure: ASX up 0.5% at noon

07 Dec 2021 - The ASX opened higher and held its spot in positive territory thanks to a rise in consumer discretionary, tech and travel stocks. At noon, the S&P/ASX 200 is 0.5% or …

Bank of Queensland (ASX:BQG) cuts NIM guidance on business update

07 Dec 2021 - Bank of Queensland (ASX:BQG) cuts net interest margin guidance following a business performance update ahead of its annual general meeting. The bank expects a lower F…

Magellan's (ASX:MFG) CEO Brett Cairns resigns

07 Dec 2021 - Magellan’s (ASX:MFG) chief executive officer Dr Brett Cairns is slated to step down due to personal reasons and chief financial officer Kirsten Morton will step in fo…

Sims (ASX:SGM) acquires Recyclers Australia assets for $18mil

07 Dec 2021 - Metal recycling company Sims (ASX:SGM) has acquired the assets of Brisbane based metal recycler, Recyclers Australia for $18 million.

IAG (ASX:IAG) reaffirms FY22 guidance

07 Dec 2021 - Insurance Australia Group (ASX:IAG) has used a strategy update to reaffirm its FY22 guidance for gross written premium growth in the low single digits and an insuranc…

Miners lift, Consumer staples fall: ASX closes 0.3% lower

01 Dec 2021 - The ASX jumped around in the afternoon session before easing back some of its losses in the last hour of trade. At the closing bell, the S&P/ASX 200 was 0.3% or 20 po…

Stocks of the Hour: Codan, Charter Hall Retail & CBA

01 Dec 2021 - A snapshot of the stocks on the move, featuring Codan (ASX:CDA), Charter Hall Retail REIT (ASX:CQR) & Commonwealth Bank (ASX:CBA).

CBA (ASX:CBA) sells 55% stake in Colonial First State

01 Dec 2021 - The Commonwealth Bank (ASX:CBA) has sold a 55 per cent stake in Colonial First State (CFS) to global investment firm KKR. CFS provides superannuation, investment and …

Sep qtr GDP falls 1.9%, ProMedicus drops 6%: ASX down 0.8% at noon

01 Dec 2021 - The ASX opened lower and has fallen further in the late morning. At noon, the S&P/ASX 200 is 0.8% or 54.1 points lower at 7201.9. The SPI futures are pointing to a fa…

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