Finance News Network

News by Lauren Evans

Lauren Evans

ASX gains, Lithium miners surge, Tyro drops 15%: ASX closes 0.9% higher

03 Nov 2021 - The ASX rebounded from yesterday’s fall and swam in positive territory today thanks to a rise in miners and banks. At the closing bell, the S&P/ASX 200 was 0.9% or 68…

Galan Lithium (ASX:GLN) making a rapid transition from explorer to developer, November 2021

03 Nov 2021 - Galan Lithium Limited (ASX:GLN) Managing Director Juan Pablo Vargas de la Vega provides an update on the company's activities, discussing recent activity at the Hombr…

Stocks of the Hour: AMP, BHP, Telstra

03 Nov 2021 - A snapshot of the stocks on the move, featuring AMP (ASX:AMP), BHP (ASX:BHP) & Telstra (ASX:TLS).

Cimic's (ASX:CIM) Thiess renews contract in Indonesia

03 Nov 2021 - Cimic's (ASX:CIM) subsidiary Thiess has secured a $220 million contract renewal of three years to continue providing mining services at Wahana Baratama Mining’s coal …

QBE Insurance (ASX:QBE) appoints new people & culture executive

03 Nov 2021 - Amanda Hughes from QBE Insurance (ASX:QBE) has been appointed group executive of people and culture. Amanda joined QBE in June last year as head of culture, performan…

ASX rallies, AMP jumps 8%, Miners & banks rise: ASX up 1.4% at noon

03 Nov 2021 - The ASX advanced this morning. Strong gains from miners, property trusts and financial stocks helped lift the index. At noon, the S&P/ASX 200 is 1.4% or 99.5 points h…

Telstra (ASX:TLS) renews $1b contract with Department of Defence

03 Nov 2021 - Telecom giant Telstra (ASX:TLS) has renewed its contract with the Australian Department of Defence, signing a five-year deal worth over $1 billion.

BHP (ASX:BHP) discusses Noront acquisition with Wyloo Metals

03 Nov 2021 - Mining giant BHP (ASX:BHP) has started talking with billionaire Andrew Forest's Wyloo Metals about the proposed takeover of Canadian nickel miner Noront Resources. Wy…

AMP (ASX:AMP) to exit insurance business on $524m divestment

03 Nov 2021 - Financial services provider AMP (ASX:AMP) has agreed to divest its 19.13 per cent equity interest in Resolution Life Australasia (RLA) for a consideration of $524 mil…

Miners tumble, RBA holds rates: ASX closes 0.6% lower

02 Nov 2021 - The ASX remained in negative territory in the afternoon session as miners, banks and insurers weighed on the index. At the closing bell, the S&P/ASX 200 was 0.6% or 4…

Stocks of the Hour: Computershare, Goodman & Insurance Australia

02 Nov 2021 - A snapshot of the stocks on the move, featuring Computershare (ASX:CPU), Goodman Group (ASX:GMG) & Insurance Australia Group (ASX:IAG).

Cimic's (ASX:CIM) CPB wins work on $368m Sydney CBD tower

02 Nov 2021 - Cimic (ASX:CIM) subsidiary CPB Contractors will be the builder of the new 39-storey premium commercial development Parkline Place, located above the north entrance to…

Insurance Australia (ASX:IAG) revises guidance after severe storms

02 Nov 2021 - Insurance Australia Group (ASX:IAG) has increased its expectation for financial year 2022 net natural perils claim costs, after severe storm and hail activity experie…

Goodman jumps 6%, IAG & banks fall: ASX down 0.4% at noon

02 Nov 2021 - The ASX opened higher but fell into negative territory before lunchtime as miners and financials weighed on the index. At noon, the S&P/ASX 200 is 0.4% or 27.70 point…

Carbonxt Group (ASX:CG1) developing high-tech cleantech solutions, November 2021

02 Nov 2021 - Carbonxt Group Limited (ASX:CG1) Managing Director Warren Murphy introduces the company's activated carbon products. This technology uses pellets and powders to remov…

Goodman Group (ASX:GMG) upgrades FY22 guidance

02 Nov 2021 - Structural changes and increased customer demand has led the property giant Goodman (ASX:GMG) to up its guidance for the 2022 financial year. Goodman, which is a comm…

Computershare (ASX:CPU) completes US acquisition

02 Nov 2021 - Australian stock transfer company Computershare (ASX: CPU) has completed the purchase of Wells Fargo Corporate Trust Services that was announced in March. Computersha…

ASX climbs, CBA rises, Telstra & CSL lift: ASX closes 0.6% higher

01 Nov 2021 - The ASX maintained momemtum in the afternoon session and starting November off on a positive note, despite Westpac's sharp fall. At the closing bell, the S&P/ASX 200 …

Stocks of the Hour: AusNet, Westpac & Macquarie Group

01 Nov 2021 - A snapshot of the stocks on the move, featuring AusNet (ASX:AST), Westpac (ASX:WBC) & Macquarie Group (ASX:MQG).

Ingenia (ASX:INA) to acquire 20 sites on $475m capital raising

01 Nov 2021 - Retirement and lifestyle property developer Ingenia Communities (ASX:INA) has planned to acquire 20 communities and development sites worth $552 million in total, and…

Macquarie Group (ASX:MQG) completes $1.5b institutional placement

01 Nov 2021 - Macquarie Group (ASX:MQG) began trading again today after completing its $1.5 billion institutional placement. The placement will result in 7.7 million new fully paid…

Westpac drops 6%, AusNet lifts on $10.2b buyout: ASX up 0.5% at noon

01 Nov 2021 - The ASX is trading higher this morning with nearly all sectors in front, despite banks weighing on the index. At noon, the S&P/ASX 200 is 0.5% or 36.5 points higher a…

Brookfield ups bid for AusNet (ASX:AST) to win the deal

01 Nov 2021 - Electricity operator AusNet (ASX:AST) has entered into a scheme implementation deed with Brookfield after agreeing to its $10.2 billion bid. AusNet confirmed the offe…

Westpac (ASX:WBC) posts $5.35b cash profit & launches $3.5b buy-back

01 Nov 2021 - Westpac (ASX:WBC) has recorded cash profit of $5.35 billion for the 2021 financial year and announced a $3.5 billion off market buy-back. While cash profit did not me…

ASX tumbles 1.4%, Tech & energy drop: ASX down 1.3% over the week

29 Oct 2021 - The ASX dived lower in the afternoon session as all sectors closed in the red. At the closing bell, the S&P/ASX 200 was 1.4 per cent or 107 points lower at 7,324. Ove…

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