Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Official cash rate steady at 0.25%: ASX closed 0.03% lower

07 Jul 2020 - After a massive leap upwards at the open, the ASX took a small dip around lunchtime and the local bourse managed to close 0.03% lower. The materials sector is doing w…

FIRB approves Iberdrola's takeover offer for Infigen: Aus shares 0.1% higher at noon

07 Jul 2020 - The Australian share market shot up at the open and is now tracking 0.1 per cent higher at noon. The materials sector is doing well today with shares in St Barbara (A…

Dexus's (ASX:DXS) DALT acquires two industrial assets

07 Jul 2020 - Dexus (ASX:DXS) today announced that the Dexus Australian Logistics Trust, in which Dexus holds a 51 per cent interest, has exchanged contracts to acquire two quality…

Sezzle (ASX:SZL) reports a record second quarter 2020

07 Jul 2020 - Installment payment platform, Sezzle (ASX:SZL) has released their key operating metrics for the quarter showing Underlying Merchant Sales (UMS) expected to reach an a…

Comet Ridge (ASX:COI) reports that the Mahalo Gas Project has received petroleum lease approvals

07 Jul 2020 - Comet Ridge (ASX:COI) is pleased to announce that the Mahalo Gas Project has been granted Queensland State Government Petroleum Leases.

Afterpay (ASX:APT) is set to expand into Canada

07 Jul 2020 - Afterpay’s (ASX:APT) trading update for the three month period ended 30 June 2020 shows strong performance delivering underlying sales of $11.1 billion in FY20, more …

Broad rally on US markets, China up: ASX poised to open higher

07 Jul 2020 - Following a wide-ranged rally from US markets overnight, the ASX looks set to open higher this morning, despite the coronavirus continuing to hit the United States. W…

nib holdings (ASX:NHF) report their capital position is ahead of requirements

02 Jul 2020 - nib holdings (ASX:NHF) has confirmed its forecast capital position remains well ahead of regulatory requirements and internal targets.

Objective (ASX:OCL) acquires RegTech specialist itree

02 Jul 2020 - Objective (ASX:OCL) has acquired government RegTech solution specialist itree.

Bigtincan Holdings (ASX:BTH) secures $1.8m contract with Red Bull

02 Jul 2020 - Bigtincan Holdings (ASX:BTH) has signed a contract with Red Bull for a deployment of Bigtincan software with a total contract value of $1.8 million over 30 months.

Webjet (ASX:WEB) successfully prices 100m convertilble notes

02 Jul 2020 - Webjet (ASX:WEB) has successfully priced its €100 million, that’s around $1631 million, convertible notes due 2027.

Netflix helps push the NASDAQ higher: ASX set to open higher

02 Jul 2020 - Following a mixed session from US markets overnight, the ASX looks set to open higher this morning. Asian stocks saw modest gains after positive vaccine developments …

A positive day of trade for the first day of the new year: ASX closes 0.6% higher

01 Jul 2020 - It has been a positive day of trade for the ASX in the first session of the new year, lifted by banks and gold miners to close 0.6% higher. As for the sectors today R…

Approvals for apartments plunge in May: ASX tracking 0.8% higher at noon

01 Jul 2020 - The ASX is now tracking 0.8% higher at noon. Shares in Jumbo Interactive (ASX:JIN) are rising after their extension with TabCorp earlier this week. Meanwhile shares i…

Helloworld Travel (ASX:HLO) sells US wholesale division

01 Jul 2020 - Helloworld Travel (ASX:HLO) today announced that it has sold its Los Angeles based travel Wholesale business to Down Under Answers, a well-established travel wholesal…

LendLease (ASX:LLC) expect a full year loss of up to $340 million

01 Jul 2020 - LendLease (ASX:LLC) says total unaudited statutory loss expected to be in the range of $230 to $340 million after tax.

Oil Search (ASX:OSH) report fall in workforce of approximately 34%

01 Jul 2020 - Oil Search (ASX:OSH) has recently completed a review of its organisation and cost structure and is set to further reduce its work force.

Telix (ASX:TLX) granted FDA Break Through status for cancer treatment

01 Jul 2020 - Telix Pharmaceuticals (ASX:TLX) reports that the US Food and Drug Administration (FDA) has granted Breakthrough Therapy (BT) designation for Telix’s renal cancer imag…

S&P/ASX 200 Index down 10.7% across the year: ASX poised to open lower

01 Jul 2020 - The ASX looks set to start the new financial year by opening lower. For the year to date, the S&P/ASX 200 Index is still down 10.7%, that’s its worst 12 months since …

Market climbs on the last day of the financial year: ASX closes 1.4% higher

30 Jun 2020 - It has been a positive day of trade for the ASX for the end of financial year. The local bourse managed to close 1.4% higher. Shares in Collins Foods (ASX:CKF) are on…

Gradual recovery in payroll jobs continues: ASX 0.2% higher at noon

30 Jun 2020 - The ASX shot up at the open and is now tracking almost 0.2% higher at noon. Shares in Collins Foods (ASX:CKF) are on the up after releasing their year results showing…

The CEO of Freedom Foods Group (ASX:FNP) has resigned

30 Jun 2020 - The Board of Freedom Foods Group (ASX:FNP) last night accepted the resignation of Rory Macleod as Managing Director and Chief Executive of the Company.

St Barbara (ASX:SBM) confirms plans to complete FY21 work on the Horn Island JV

30 Jun 2020 - Advanced gold explorer, Alice Queen (ASX:AQX) is pleased to announce its joint venture partner St Barbara (ASX:SBM) has confirmed plans to complete a FY21 work progra…

WiseTech Global (ASX:WTC) sells 2.4 million shares

30 Jun 2020 - WiseTech Global (ASX:WTC) has been informed that RealWise Holdings Pty Ltd, a company controlled by WiseTech Global Founder and CEO, Richard White, has sold 2.4 milli…

Collins Foods (ASX:CKF) revenue up 8.9% for FY20

30 Jun 2020 - Collins Foods (ASX:CKF) released its results for the 53 week FY20 period, which saw strong earnings growth continue despite the impact of Covid-19.

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