Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Wall St dips on Powell's remarks: ASX set to open higher

11 Jan 2019 - The ASX is set to open higher this morning as US stocks rose yesterday. They did dip slightly after Federal Reserve Chairman Jerome Powell’s remarks about shrinking t…

Treasury Wine Estates performance above consensus

11 Jan 2019 - Treasury Wine Estates (ASX:TWE) expects its earnings for the first half of 2018-19 to be above consensus of $332 million.

Takeover panel receive application regarding Flinders Mines

11 Jan 2019 - The Australian Government takeover panel has received an application from Brendon Dunstan in relation to the affairs of Flinders Mines (ASX:FMS).

BHP weighs as it trades ex-dividend: ASX closes 0.3% higher

10 Jan 2019 - The ASX lost some of its momentum this afternoon but went on to close 0.3 higher. BHP (ASX:BHP) weighed as it trades ex-dividend. All the four big banks are down. Tre…

Lower fruit sales hit Costa Group: ASX 0.1% lower at noon

10 Jan 2019 - The ASX has fallen lower at noon and is now tracking 0.1% lower. Media companies fared well today with Nine Entertainment (ASX:NEC) and Seven West Media (ASX:SWM) top…

A Christmas boost for Noni B

10 Jan 2019 - Women's fashion retail group Noni B (ASX:NBL) reports that total sales rose by 140 per cent to $457 million in the six months ended December 31.

Nearmap continues strong growth in ACV

10 Jan 2019 - Aerial imagery technology and location data company Nearmap (ASX:NEA) has announced that Annualised Contract Value – their key growth metric has grown 42 per cent yea…

Genex Power sees huge boost in generated power

10 Jan 2019 - Genex Power (ASX:GNX) shows the power generated at the Kidston Solar Project in North Queensland generated 35 thousand 755 megawatt hours of energy in the December qu…

Murray Cod Australia says no effect from Darling River fish deaths

10 Jan 2019 - The Board at Murray Cod Australia (ASX:MCA) says their fish stocks have not been affected by the recent fish deaths on the Darling River.

Third day for China/US trade talks: ASX poised to open higher

10 Jan 2019 - Australian shares are set to open higher this morning, lifted by the US and China trade talks and the potential truce. In the US all three benchmarks pared gains into…

Michael Hill International appoint a new Chief Operating Officer

10 Jan 2019 - Michael Hill International (ASX:MHJ) have appointed Andrea Slingsby to the role of Chief Operating Officer (COO) following an extensive recruitment process.

A Speedcast Company has been awarded a US gov contract

10 Jan 2019 - UltiSat, Inc., a Speedcast Company (ASX:SDA), has been awarded a US$23M contract to provide secure network services for a US Government customer.

Market climbs as US/China talks continue: ASX closes 1% higher

09 Jan 2019 - It has been a positive day of trade for the ASX. Trade talks in China are apparently making progress with President Donald Trump tweeting that negotiations are 'going…

Job vacancies rise in Australia: ASX 0.6% higher at noon

09 Jan 2019 - The ASX continues to climb mainly thanks to progress being made between US and Chinese officials at trade talks in Beijing. Magellan Financial (ASX:MFG) is doing well…

Small rally due to trade talks: ASX closes 0.7% higher

08 Jan 2019 - It has been a positive day of trade for the ASX. Shares closed higher for a second day. The rally is being attributed to the US and China hopefully moving forward wit…

November trade balance falls: ASX tracking 0.4% higher at noon

08 Jan 2019 - The ASX started to work its way up from 11:00am this morning and is now tracking 0.4% higher at noon. Telco services performed well, but consumer staples saw a small …

Morning push loses momentum: ASX closes 1.1% higher

07 Jan 2019 - After a good run this morning the ASX peaked at around 11:30am and then continued to fall as the day progressed but managed to close 1.1% higher. Domestic manufacturi…

Healius shares dip after rejecting takeover offer: ASX is 1.5% higher at noon

07 Jan 2019 - The ASX has continued to rise throughout this morning after the US posted solid gains on Friday after a boost from impressive employment data from all jobs except far…

Volatile start of the year for global markets: The ASX closes 0.3 per cent lower

04 Jan 2019 - It has been a tough day of trade for the ASX with a rocky start to the first week of the year. Apple reported dips in its revenue outlook causing concerns regarding e…

Healius on the up after takeover offer: ASX is trading 1% lower at noon.

04 Jan 2019 - The ASX is trading 1% lower at noon. Technology shares are still delicate after Apple's outlook caused global growth concerns. Utilities is the best performing sector…

Bionomics start clinical trial for colorectal cancer patients

04 Jan 2019 - The Australasian Gastro-Intestinal Trials Group is conducting a clinical trial with Bionomics (ASX:BNO) in combination with nivolumab.

Centrex Metals appoint a new company secretary

04 Jan 2019 - Centrex Metals (ASX:CXM) has appointed Stephane Gauducheau as the new Company Secretary from today.

Growthpoint to find expansion of Woolworths SA centre

04 Jan 2019 - Growthpoint Properties Australia (ASX:GOZ) will fund the expansion of Woolworths (ASX:WOW) South Australian head office and primary Distribution Centre for South Aust…

Credible pleased for the removal of US trading restrictions on CDIs

04 Jan 2019 - From today Credible Labs Inc. (ASX:CRD) says its chess depositary interests will no longer be subject to sale or transfer restrictions into the US.

Shares tumble as Apple cuts revenue forecast: ASX set to open lower

04 Jan 2019 - Australian shares are poised to open lower as US stocks sank in part because Apple released a revenue warning causing concerns that global economic growth is slowing.…

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