Finance News Network

News by Lauren Evans

Lauren Evans

Pendal (ASX:PDL) slumps on FUM jump

15 Oct 2021 - Global investment management business Pendal (ASX: PDL) have recorded its funds under management (FUM) at $139.2 billion for the September quarter. The total was a re…

Qantas (ASX:QAN) to bank $802m on Mascot sale

15 Oct 2021 - Qantas Airways (ASX:QAN) is offloading 13.8 hectares of land in Mascot to LOGOS Property for $802 million. The airline has entered into binding agreements with a cons…

Travel stocks rise, ARB up 6%, Rio Tinto falls: ASX up 0.4% at noon

15 Oct 2021 - The ASX is lifting for a second day thanks to gains across 9 out of eleven sectors. At noon, the S&P/ASX 200 is 0.4% or 30 points higher at 7341.7. The SPI futures ar…

Rio Tinto (ASX:RIO) downgrades iron ore guidance

15 Oct 2021 - Mining giant Rio Tinto (ASX:RIO) has cut financial year 2022 iron ore production guidance following a “difficult” September quarter. The iron-ore miner now expect to …

Corporate watchdog penalises Insurance Australia (ASX:IAG)

15 Oct 2021 - Insurance Australia Group (ASX:IAG) were penalised in the Federal Court yesterday after failing to pass on the full amount of discounts to NRMA home, motor, caravan a…

Magnetite Mines (ASX:MGT) - Premium iron ore developer

14 Oct 2021 - Magnetite Mines Limited (ASX:MGT) Executive Chairman and CEO Peter Schubert and Technical Director Mark Eames introduce the company's flagship Razorback project in th…

Iron ore holds back market recovery: Aus shares close 0.1% lower

13 Oct 2021 - The ASX was under pressure in the afternoon session as major miners weighed on the index. At the closing bell, the S&P/ASX 200 was 0.1% or 8 points lower at 7,273. Ac…

Stocks of the Hour: Transurban, Bank of Queensland & PointsBet

13 Oct 2021 - A snapshot of the stocks on the move, featuring Transurban (ASX:TCL), Bank of Queensland (ASX:BOQ) & PointsBet (ASX:PBH).

PointsBet (ASX:PBH) Canada to stream Curling Canada events

13 Oct 2021 - PointsBet’s (ASX:PBH) subsidiary PointsBet Canada has enter into an agreement to become the official and exclusive sports betting partner of Curling Canada. Under a l…

Bank of Queensland (ASX:BOQ) cash earnings jump 83% in FY21

13 Oct 2021 - Bank of Queensland (ASX:BOQ) has reported solid cash earnings and an increase in net interest margin for the year ending 31 Aug 2021, while expressing uncertainty for…

A2 Milk jumps 8%, Banks drag: ASX edges 0.1% higher at noon

13 Oct 2021 - The ASX got off to another slow start before edging slightly higher around lunchtime. At noon, the S&P/ASX 200 is 0.1% or 6.9 points higher at 7287.6. The SPI futures…

nib (ASX:NHF) partners with ING Bank Australia

13 Oct 2021 - Health insurer nib (ASX:NHF) has announced a new distribution partnership with ING Bank Australia that will allow Australians to purchase ING health insurance underwr…

Transurban (ASX:TCL) closes capital raise with a $371m shortfall

13 Oct 2021 - Roads developer Transurban (ASX:TCL) has wrapped up their $4.23 billion raising launched in September after completing the retail component of their entitlement offer…

Fortescue falls, Tech & energy drag, CSL rises: ASX closes 0.3% lower

12 Oct 2021 - The ASX extended its losses in the afternoon session as most sectors lost ground. At the closing bell, the S&P/ASX 200 was 0.3% or 19 points lower at 7,281. All secto…

Stocks of the Hour: AMP, Commonwealth & Westpac

12 Oct 2021 - A snapshot of the stocks on the move, featuring AMP (ASX:AMP), Commonwealth Bank (ASX:CBA) & Westpac Banking (ASX:WBC).

Vicinity (ASX:VCX) to acquire 50% stake in Qld Harbour Town

12 Oct 2021 - Vicinity Centres (ASX:VCX) is set to acquire a 50% stake in Harbour Town Premium Outlets in Queensland for $358 million.

Westpac (ASX:WBC) earnings take a $1.3bn hit

12 Oct 2021 - Westpac (ASX:WBC) expects its profit for the second half of the year to be cut by $1.3 billion, due to hefty write-downs and "notable items". In an ASX announcement t…

Energy & Westpac fall, Miners rise: ASX edges 0.1% lower

12 Oct 2021 - The ASX is edging slightly lower this morning following a mixed market around the globe. At noon, the S&P/ASX 200 is 0.1% or 9 points lower at 7290.8. The SPI futures…

Commonwealth (ASX:CBA) completes remedial action plan

12 Oct 2021 - Commonwealth Bank (ASX:CBA) has wrapped up its 13th and final report to improve its governance, culture and accountability. From 2018, the bank committed to all recom…

AMP (ASX:AMP) appoints chairmen for its private markets sector

12 Oct 2021 - Financial services provider AMP (ASX:AMP) has appointed Patrick Snowball from UK's provident financial as chairman and Andrew Fay from Pendal as deputy chairman for A…

Fortescue jumps 5%, Tech stocks drag: ASX closes 0.3% lower

11 Oct 2021 - The ASX improved in the afternoon session thanks to a lift in banks, miners and energy stocks. Despite the improvement, losses across the sectors forced the ASX to fi…

Stocks of the Hour: Ampol, Star Entertainment, Suncorp

11 Oct 2021 - A snapshot of the stocks on the move, featuring Ampol (ASX:ALD), Star Entertainment (ASX:SGR) & Suncorp (ASX:SUN).

Fortescue (ASX:FMG) to execute Qld hydrogen investment

11 Oct 2021 - Fortescue’s (ASX:FMG) Future Industries is set to build a renewable industry and equipment manufacturing centre at Gladstone, Queensland. FFI’s global Green Energy Ma…

Cimic's UGL (ASX:CIM) secures $135m in contracts

11 Oct 2021 - Cimic’s subsidiary UGL (ASX:CIM) has secured contracts in the resources and utilities sectors totalling $135m in revenue. The engineering company will provide mainten…

Suncorp (ASX:SUN) & IAG (ASX:IAG) battle business claims

11 Oct 2021 - Major insurers Suncorp (ASX:SUN) and Insurance Australia (ASX:IAG) have both provided updates on their “business interruption” cases, in relation to the Covid-19 pand…

Prior Page Next Page