Finance News Network

News by Melissa Darmawan

Melissa Darmawan

Buddy Technologies (ASX:BUD) set to sell smart switch LIFX in US

11 March 2021 - Cloud based solution company Buddy Technologies (ASX:BUD) is preparing to ship their LIFX switch product for the North American market, with a street availability d…

Dow rallies over 460 points: ASX poised to open higher

11 Mar 2021 - The ASX is set to open higher following mixed leads from the US markets. The Dow Jones Industrial Average rallied 463 points to hit a record high on the back of the H…

Record trade surplus of $10.14 billion in January: ASX closes 0.8% lower

04 March 2021 - It's been a mixed day on the Australian share market. The market opened lower following weak leads from the US and managed a small recovery before closing 0.8% lowe…

Downer (ASX:DOW) awarded $245 million contract: ASX 0.7% lower at noon

04 March 2021 - The ASX opened lower following losses from Wall Street and is now tracking 0.7% lower at noon. Materials, Healthcare and Consumer Staples dragged on the market whil…

Myer (ASX:MYR) report NPAT up 73.6%

04 March 2021 - Department store Myer (ASX:MYR) reports a rise of 76.3 per cent in their statutory profit after tax of $43 million, up from $24.4 million reported a year ago.

ARB Corporation (ASX:ARB) to acquire Truckman Group for $39.3 million

04 March 2021 - Motor vehicle accessories company ARB Corporation (ASX:ARB) is set to acquire a leading auto styling company in the UK called the Truckman Group for $39.3 million.

Healius' (ASX:HLS) tax case litigation closes

04 March 2021 - Healthcare company, Healius (ASX:HLS) had their application refused for special leave to appeal a decision regarding a tax case dating back to 2003.

Xero (ASX:XRO) set to acquire Planday for $284.5 million

04 March 2021 - Accounting software provider Xero (ASX:XRO) is set to acquire workforce management platform Planday for $284.5 million.

RooLife Group (ASX:RLG) - e-commerce & digital marketing company

01 Mar 2021 - RooLife Group Limited (ASX:RLG) CEO Bryan Carr talks about taking global brands into the Chinese market, targeting consumers directly via a range of platforms and e-c…

IVE Group (ASX:IGL) 1H21 results & outlook

01 Mar 2021 - IVE Group Limited (ASX:IGL) Executive Chairman Geoff Selig talks about the company's strong 1H21 results on the back of a rebound in activity as the adverse impact of…

Nutritional Growth Solutions (ASX:NGS) - nutritional supplement formulae for children

01 Mar 2021 - Nutritional Growth Solutions Limited (ASX:NGS) Chairman Brian Leedman talks about the science behind the company's nutritional supplement formulae for children, which…

ZipCo's (ASX:Z1P) revenue rose 130% for H1 FY21: ASX closes 0.8% higher

25 Feb 2021 - It has been a positive day of trade, with the ASX hitting its highest point for the week. Nine out of the 11 sectors were higher with Materials rising 1.7%. Sandfire …

RBA resumes 3-year bond buying: ASX 1% higher at noon

25 Feb 2021 - The ASX is trading higher following positive leads from Wall Street and is now tracking 1% higher at noon. The S&P/ASX 200 index is 8 points up at 6,846. On the futur…

IVE Group (ASX:IGL) first-half net profit soars 92%

25 Feb 2021 - IVE Group (ASX:IGL) reported an net profit of $23.79 million, up 92% from $12.36 million reported a year ago.

Iluka Resources (ASX:ILU) boasts NPAT of $2.4 billion for the year

25 Feb 2021 - Mineral sands miner Iluka Resources (ASX:ILU) report a net profit after tax of $2.4 billion for full year 2020, compared to a loss of $300 million in 2019.

Qantas (ASX:QAN) posts $1.08 billion half year loss

25 Feb 2021 - Qantas (ASX:QAN) reports a net loss of $1.08 billion for the first half of the 2021 financial year, down 342.9% due to Covid-19 pandemic.

Afterpay (ASX:APT) set to raise $1.25 billion

25 Feb 2021 - Afterpay (ASX:APT) report a net loss attributable to the ordinary shareholders of 165% to $76.5 million compared to a loss of $28.9 million at the last half.

Goodman Group's (ASX:GMG) operating profit is up 16%: ASX down 0.2% over the week

19 Feb 2021 - The ASX opened lower and closed 1.3% or 92 point lower at 6,794 points. Over the week, we closed 0.2% or 13 points lower. Goodman Group (ASX:GMG) reports a 16% increa…

CSL (ASX:CSL) reports a 44% jump in NPAT: ASX closes flat at 6,886 points

18 Feb 2021 - The S&P/ASX 200 Index closed 0.01 per cent or 1 point higher at 6,886 points. The best performing stock is Treasury Wine Estates (ASX:TWE) rising 17.5% despite report…

Unemployment rate dropped to 6.4% in January: ASX tracking 0.2% higher at noon

18 Feb 2021 - The ASX open slightly higher this morning and is tracking 0.2% higher or 16 points higher at noon at 6,902. On the futures market, the SPI is suggesting a rise of 18 …

Seven Group Holdings (ASX:SVW) report mixed results for their first half

18 Feb 2021 - Industrial services, media, energy and investment company Seven Group Holdings' (ASX:SVW) report their underlying net profit after tax is down 3% to $247 million for …

Santos (ASX:STO) reports 60% fall in NPAT for full year 2020

18 Feb 2021 - Gas supplier Santos (ASX:STO) reports underlying net profit after tax fell 60% to US$287 million for their full year 2020, down US$432 million than 2019.

Origin Energy's (ASX:ORG) profit falls to $13 million

18 Feb 2021 - Origin Energy (ASX:ORG) reports a 10 per cent drop in revenue to $6.1 billion with their total profit for falling 98 per cent to $13 million for the half year ending …

Coca-Cola Amatil's (ASX:CCL) NPAT down 51.9% for full year

18 Feb 2021 - Coca-Cola Amatil (ASX:CCL) reports their statutory NPAT is down 51.9% to $179.9 million while their trading revenue is down 6.1% compared to the prior year.

Excluding fossil fuels from Ausbil's Active Sustainable Equity Fund

17 Feb 2021 - Ausbil’s Active Sustainable Equity Fund Portfolio Manager Nicholas Condoleon and Ausbil Investment Management's Head of ESG Research Måns Carlsson talk about the comp…

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