Finance News Network

News by Melissa Darmawan

Melissa Darmawan

Wall St falls in wild session: ASX to edge higher

20 May 2021 - The ASX is to edge higher following Wall St closing its third straight session in the red. The market downturn was triggered on the back of China’s regulators crackdo…

Wall St slides, US housing starts drops: ASX to fall

19 May 2021 - The ASX is to drop following Wall St closing in the red as technology shares reversed their gains and energy stocks ran out of fuel as oil prices fell. Morgan Stanley…

Wall St trips as tech dips: ASX to open higher

18 May 2021 - The ASX is to open higher despite Wall St’s pullback led by technology shares. All three indexes closed in the red as inflation fears continued to linger. Morgan Stan…

Melbana Energy (ASX:MAY) - key milestones achieved at its Cuban, Block 9 - World Class Exploration Acreage

17 May 2021 - Melbana Energy Limited (ASX:MAY) Executive Chairman Andrew Purcell provides an update on the company's key Cuban onshore oil project, including preparation for its tw…

Wall St rebounds as tech stocks jump: ASX to open higher

17 May 2021 - The ASX is set to rise following Wall St closing its second straight session in the black. The week ended with a broad-based rally which followed a heavy sell-off led…

Inflation fears triggers tumbling tech stocks: ASX closed 0.9% lower

13 May 2021 - The ASX closed 0.9% lower to mark its third straight day in the red, hitting a four-week low. The technology sector led the decline with Healthcare and Energy as the …

oOh Media's (ASX:OML) full-year revenue falls 34%

13 May 2021 - Outdoor media advertisers oOh!Media (ASX:OML) reports a 34% fall in revenue to $426.5 million in the 12 months to December as audience numbers dropped due to the rest…

Codan (ASX:CDA) completes $114m acquistion of Domo Tactical Communications

13 May 2021 - Metal detection and mining technology company Codan (ASX:CDA) has completed its $114 million acquisition of US-based company, Domo Tactical Communications.

Tech shares tumble as Afterpay dives to 7-month low: ASX trading 0.4% lower at noon

13 May 2021 - The ASX has slipped 0.4 per cent following the US lead as inflation figures rose to its highest since 2008. NAB and Westpac are down over 2.3% as they go ex-dividend.…

Stocks of the Hour: Xero, Orica and Graincorp

13 May 2021 - A snapshot of company news making headlines in the morning featuring Xero (ASX:XRO), Orica (ASX:ORI) and Graincorp (ASX:GNC) as they all released their earnings figur…

GrainCorp (ASX:GNC) reinstates dividend and lifts full year guidance

13 May 2021 - GrainCorp (ASX:GNC) has upgraded its full year guidance following its strong half year results reinstating its interim dividend, due to a rebound in growing condition…

Orica (ASX:ORI) to sell Minova business as profit falls 54%

13 May 2021 - Explosives systems company Orica (ASX:ORI) reports a 54 per cent drop in their half-year net profit to $77 million when compared to the same time last year.

Red-hot inflation rise pressures Wall St to plunge: ASX to fall

13 May 2021 - The ASX is set to drop following Wall St closing deep in the red as the annual inflation rate rose to its highest in 13 years. Citi rates Suncorp (ASX:SUN) as neutral…

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

12 May 2021 - Galan Lithium (ASX:GLN) Managing Director Juan Pablo Vargas de la Vega provides an update on they company's key Hombre Muerto lithium brine project in the Catamarca p…

Wall St closes in the red as inflation jitters continue: ASX to fall

12 May 2021 - The ASX is to open lower following Wall St closing in the red on continued fears around rising inflation rates. The Federal Government has unveiled its “recovery budg…

Dow Jones snaps 5-day winning streak, tech drags on inflation jitters: ASX to dip

11 May 2021 - The ASX is to fall at the open following Wall St closing in the red. Seven Group Holdings (ASX:SVW) has launched a $8 billion takeover for Boral (ASX:BLD). Citi rates…

Wall St reset record highs, iron ore rally continues: ASX to dip

10 May 2021 - The ASX is set to dip despite a strong finish on Wall St. The focus this week is the Federal Budget. Metal detection company Codan (ASX:CDA) completed the acquisition…

ASX retreats on Covid-19 jitters & geopolitical tension: Aus shares closes 0.5% lower

06 May 2021 - The local market closed in negative territory for the first time this week as Chinese officials suspend an economic dialogue with Australia, a move to show Beijing’s …

Westfield owner Scentre (ASX:SCG) reconfirms its dividend

06 May 2021 - Owner and manager of Westfield shopping centres Scentre (ASX:SCG) reports a 27% increase in collected gross rent cash collections from January to April this year to $…

Adore Beauty (ASX:ABY) up 47% in revenue for Q3 FY21

06 May 2021 - Online beauty retailer Adore Beauty (ASX:ABY) reports a 47 per cent rise in revenue to $39.4 million in the March quarter for Q3 FY21 when compared to the prior corre…

Tech tumbles, NSW restrictions to start: ASX 0.3% lower at noon

06 May 2021 - The ASX dipped in morning trade after opening in the green with declines mainly broad-based with energy as the only standout sector in the green. Credit Suisse downgr…

Stocks of the Hour: NAB, Nearmap and Qantas

06 May 2021 - A snapshot of companies making headlines in this morning's session featuring NAB (ASX:NAB), Nearmap (ASX:NEA) and Qantas (ASX:QAN).

Dow Jones resets record high, Yellen clarifies inflation remark: ASX to edge higher

06 May 2021 - The ASX is to edge higher following a mixed lead from Wall St. Deputy Governor Guy Debelle is to deliver the “Monetary Policy during Covid” speech. SeaLink Travel (AS…

Qantas keeps headquarters for state subsidies

06 May 2021 - Qantas (ASX:QAN) will continue its head office in Sydney and maintain their Jetstar operations in Melbourne following the start of their property footprint review in …

ACCC plans to knock back Qantas & Japan Airlines route

06 May 2021 - The ACCC is planning to knock back the plan for Qantas and Japan Airlines to coordinate flights as the watchdog claims it breaches competition laws.

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