Finance News Network

News by Melissa Darmawan

Melissa Darmawan

Wall St sinks on interest rate jitters, Tech rout continues: ASX to fall

06 Jan 2022 - Wall St sinks as Dow snaps winning streak on meeting minutes. Global indexes were mixed in anticipation ahead of the December FOMC minutes to be released. Aristocrat …

Afterpay slumps to 13-mth low, ASX falls on tech lag closing 0.3% lower

05 Jan 2022 - The ASX continued to lose steam after its initial 0.4% spike dragged down by technology stocks eclipsing the rally in energy, and material stocks to close at session …

Johns Lyng (ASX:JLG) completes $230m spree on Reconstruction Holdings

05 Jan 2022 - After Johns Lyng (ASX:JLG) unveiled its plans to acquire US insurance provider Reconstruction Holdings in December last year, the building services group completed it…

ASX falls from 4 month high on tech rout: Local bourse 0.3% lower at noon

05 Jan 2022 - The Australian sharemarket has retreated from yesterday’s surge as investors climb the wall of worries around the prospect of interest rate hikes. Treasury yields ext…

MMA Offshore (ASX:MRM) awarded $74m contracts

05 Jan 2022 - Marine services provider MMA Offshore (ASX:MRM) has recently been awarded a number of new contracts including two significant long-term vessel contracts to the value …

Stocks of the Hour: CIMIC, MMA Offshore, Tyro Payments

05 Jan 2022 - A snapshot of the stocks on the move featuring CIMIC (ASX:CIM), MMA Offshore (ASX:MRM) and Tyro Payments (ASX:TYR).

Tyro Payments (ASX:TYR) names two board directors

05 Jan 2022 - Tyro Payments (ASX:TYR) welcomes two new board directors Claire Hatton and Shefali Roy starting today.

CIMIC's (ASX:CIM) Leighton Asia wins $103m data contract

05 Jan 2022 - CIMIC group’s (ASX:CIM) Leighton Asia has been awarded a $103 million contract to build a data centre campus in Jakarta, Indonesia, for a multinational technology cor…

Dow resets record high on tech rout, OPEC+ agree to boost output: ASX to slip

05 Jan 2022 - Wall St closed mixed as the Dow reset a record high. Technology shares underperformed as market participants rotated back into value stocks. Energy stocks soared afte…

Lithium players spark ASX to close 2% higher

04 Jan 2022 - The Australian sharemarket started 2022 with a bang propelling to a four month high, its daily best surge in over a year. The advance was across the board led by ener…

Pacific Current (ASX:PAC) snaps up 35% stake in Banner Oak

04 Jan 2022 - Asset manager Pacific Current Group (ASX:PAC) has snapped up a 35% stake in US- private equity real estate player Banner Oak for $48.2 million.

HT&E (ASX:HT1) completes Grant Broadcasters $307.5m deal

04 Jan 2022 - Australian listed radio broadcaster Here There & Everywhere (HT&E) (ASX:HT1) has completed the $307.5 million acquisition of Grant Broadcasters.

Imricor (ASX:IMR) expands to Greece for 14th site

04 Jan 2022 - Imricor Medical System (ASX:IMR) has expanded its footprint to Greece after inking a deal with the Henry Dunant Hospital Centre to outfit an existing MR facility for …

Brainchip (ASX:BRN) welcomes Pia Turcinov as Non-Executive Director

04 Jan 2022 - Artificial intelligence technology pioneer Brainchip (ASX:BRN) welcomes Pia Turcinov as non-executive director as of today.

ASX climbs 1.3% near 3.5 month high amid Indonesia coal ban lifting Whitehaven higher at noon

04 Jan 2022 - The ASX has lifted-off for the first trading day of 2022, defying the SPI futures outlook, as the local bourse starts the year with a broad rally lifted by energy and…

Dow, S&P 500 hit record high on Wall St surge, giving summer lead to ASX: SPI futures point to fall

04 Jan 2022 - Wall St kicks off 2022 on a positive start with the Dow and S&P 500 hitting a fresh record high. Nasdaq outperformed. Apple touches US$3 trillion market cap intraday …

ASX gains 13% for 2021 as Covid cases spike: Friday falls 0.3% lower

31 Dec 2021 - The ASX took a breather from its 6-day rally as investors were stunned by the hot on the heels record spike in Covid-19 cases across the nation to wrap up 2021. The p…

Stocks of the Hour: Magnis, Global Lithium Resources, Mesoblast

31 Dec 2021 - A snapshot of the stocks on the move featuring Magnis Energy Technologies (ASX:MNS), Global Lithium Resources (ASX:GL1), and Mesoblast (ASX:MSB).

Global Lithium (ASX:GL1) seals $33m Manna deal

31 Dec 2021 - Global Lithium Resources (ASX:GL1) has completed the deal to buy its 80 per cent stake in Manna Lithium Project from Breaker Resources valued at $33 million.

Magnis (ASX:MNS) marks game-changer results in lithium battery life

31 Dec 2021 - Lithium battery maker Magnis Energy Technologies (ASX:MNS) believes that a game-changer for the transport sector is on the cards.

Mesoblast (ASX:MSB) unveils progress in cancer cell treatment for kids

31 Dec 2021 - Mesoblast (ASX:MSB) met with the US FDA watchdog for skin therapies to discuss their letter for a cell treatment to address steroid-refractory acute graft versus host…

Peet (ASX:PPC) picks 50% stake in Flagstone for $46.2m

31 Dec 2021 - Residential property developer Peet (ASX:PPC) has inked a deal to buy Spirit Super’s 50% holding in its Flagstone City project based in Queensland for $46.2 million.

Dow snaps 6-day winning streak as Wall St falls: ASX poised to open lower

31 Dec 2021 - Wall St loses steam closing lower as the Santa Rally takes a breather. Dow snaps winning streak. Evergrande tumbles further on missed coupon payment. Magellan Financi…

BoQ denies move on BNPL Humm: ASX closes 0.1% higher

30 Dec 2021 - The ASX managed to eke out a gain after a choppy session rising for its sixth straight day, lifted by gains in miners and banks offsetting losses in technology names.…

Miners push ASX higher while Asian stocks fall: Local bourse flat at noon

30 Dec 2021 - The ASX has been choppy throughout the morning as we look to close off 2nd last trading day of the year. Thin volumes have attributed to the movements which saw the l…

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