Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

AGL Energy calls off the sale of its Queensland gas assets

31 Jan 2019 - AGL Energy (ASX:AGL) has terminated its agreement to sell its North Queensland gas assets to Order Moranbah Holdings originally announced in August 2017.

Bubs revenue soars on China sales growth

31 Jan 2019 - Infant formula company Bubs Australia (ASX:BUB) released their cash flow statement for the second quarter showing China sales momentum delivered strong revenue growth…

AusCann moves forward in cannabinoid hard shell capsules

31 Jan 2019 - Cannabis company AusCann Group (ASX:AC8) has advanced the development of cannabinoid hard shell capsules.

US stocks surge: ASX set to open higher

31 Jan 2019 - Australian shares are set to rise for a second day as US stocks surged as the Fed signaled a dovish turn in its latest policy statement. Iron ore rose as did base met…

Austal starts delivery of huge ferry to Denmark

31 Jan 2019 - Shipbuilder and defence contractor Austal (ASX:ASB) has officially started the delivery of the largest commercial ferry by volume they have ever built at its shipyard…

BrainChip Holdings strengthens sales in Europe and US

31 Jan 2019 - Neuromorphic computing company BrainChip Holdings (ASX:BRN), reports the company ended the December quarter with US$7.5 million in cash.

Telstra up 7.8%: ASX closes 0.5% lower

29 Jan 2019 - The ASX failed to make major gains throughout the day and closed 0.5% lower or 31 points down to 5874. Telco services were leading the index today. Healthcare was the…

Telstra sees heavy trade after TPG news: ASX tracking 0.7 lower at noon

29 Jan 2019 - The ASX opened higher and is now 0.7% lower noon. Commsec's State of States and the NAB's monthly survey come out today. Credit Corp (ASX:CCP) has been a great perfo…

AMP and ResMed fall: ASX tracking 0.4% higher at noon

25 Jan 2019 - The ASX opened higher and has been making ground this morning. It is tracking 0.4% higher at noon. All of the sectors except Healthcare are up, with Real Estate and U…

AusCann buys a research and development facility in Perth

25 Jan 2019 - Medical cannabis company AusCann Group Holdings (ASX:AC8) has bought a research and development facility in Perth in WA.

Oil Search expands further into Alaska North Slope

25 Jan 2019 - Oil Search (ASX:OSH) has exercised its right to acquire a 50 per cent interest in, and operatorship of, 120 leases covering a large area in the eastern area of the Al…

AMP slashes dividend to 4 cents

25 Jan 2019 - AMP (ASX:AMP) has provided an update ahead of its FY18 results showing estimated underlying profit to be around $680 million, down on the same corresponding period la…

ResMed shares on watch after quarter results

25 Jan 2019 - For the three months ending December 31, ResMed (ASX:RMD) delivered revenue of US$651.1 million, which was an increase of 8 per cent on the prior corresponding period…

Asian market rally stalls: ASX poised to open higher

25 Jan 2019 - The ASX looks set to open higher this morning after Wall Street closed mixed. The S&P 500 and Dow Jones Industrial both swung between gains and losses. It seems the U…

OceanaGold achieve consolidated guidance for 7th year

25 Jan 2019 - OceanaGold Corporation (ASX:OGC) released its full year and fourth quarter 2018 production report for the year ended 31 December 2018 showing they had achieved consol…

ESR looks to extend offer period for PropertyLink

25 Jan 2019 - ESR Real Estate is looking to extend the offer period in respect of the takeover bid for fund manager Propertylink Group (ASX:PLG) so that offers made remain open for…

LiveTiles launches Airline Bot with Microsoft: ASX closes 0.4% up

24 Jan 2019 - Pushing through the afternoon the ASX closed 0.4% up. Energy was the best performing sector today adding 2.1% while the worst performing sector was REIT. A jobs repor…

Unemployment rate drops in Dec: The ASX 0.2% higher at noon

24 Jan 2019 - The ASX opened higher and is now tracking 0.2% higher at noon. Santos (ASX:STO) stock is one of the best performers today after announcing their record quarterly sale…

Challenger drops on downgraded earnings: ASX tracking 0.3% lower at noon

23 Jan 2019 - The ASX opened lower following soft leads from Wall St and is now tracking 0.3% lower at noon. Investment management company Challenger (ASX:CGF) has seen a fall in t…

The FlexiGroup responds to Senate inquiry

23 Jan 2019 - Financial services group FlexiGroup (ASX:FXL) has responded to the Senate Inquiry into credit and financial services saying they strongly support the implementation o…

Vita Group welcomes new non-executive director

23 Jan 2019 - Retailer the Vita Group (ASX:VTG) announced that Paul Mirabelle has joined the Board as a Non-Executive Director.

Champion Iron in joint exploration agreement with Supreme Metals

23 Jan 2019 - Champion Iron (ASX:CIA) has reached a joint exploration agreement with Supreme Metals Corp. in order to access the claims located on the Bloom Lake East Property in Q…

Elixinol Global takes its CBD products into New Zealand

23 Jan 2019 - Cannabis stock Elixinol Global (ASX:EXL) has just branched into New Zealand with Elixinol branded cannabidiol (CBD) products are now available on a prescription basis…

Trade planning meeting reportedly cancelled: ASX poised to open lower

23 Jan 2019 - The ASX is set to open lower this morning, after US stocks extended losses in afternoon trade. This came as The White House rejected a trade planning meeting with Chi…

IMF Bentham proposes to fund Danske Bank shareholder action

23 Jan 2019 - Global litigation funder, IMF Bentham(ASX:IMF) has proposed to fund claims of certain shareholders of Danske Bank who suffered loss after acquiring shares in Danske B…

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