Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

AAP sale finalised, Seafolly goes into admin: ASX set to open higher

30 Jun 2020 - Following a claw back from US markets overnight, the ASX looks set to open higher this morning. The future of the AAP newswire has been assured sold to new owners sav…

Quarantine days increased for travellers in Victoria: ASX set to open lower

29 Jun 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. The coronavirus global death count is closing in on half a million. Back hom…

TPG Telecom (ASX:TPM) allocated Singapore spectrum

25 Jun 2020 - TPG Telecom (ASX:TPM) advises the market that TPG Telecom Pte Ltd (TPG Singapore) has today been allocated 800 MHz of spectrum by the Singapore Infocomm Media Develop…

Accent Group (ASX:AX1) report boost in online sales

25 Jun 2020 - Footwear retailer Accent Group (ASX:AX1) says online sales strengthened over the months of May and June with financial year 2020 EBITDA 10 per cent above the $108.9 m…

CSL (ASX:CSL) acquires a gene therapy candidate

25 Jun 2020 - CSL (ASX:CSL) has agreed to acquire from uniQure exclusive global license rights to commercialise an adeno-associated virus gene therapy program, for the treatment of…

Qantas (ASX:QAN) to cut 6,000 jobs in new recovery plan

25 Jun 2020 - Qantas (ASX:QAN) is to cut at least 6000 of its 29,000 workers and launch a $1.9 billion capital raising in response to the coronavirus.

Investor fears over spike in coronavirus cases in the US: ASX to open lower

25 Jun 2020 - The ASX looks set to open lower this morning following a slump on Wall Street as a new surge of coronavirus cases develop in the US. California, Florida report record…

Fourth straight session closing up: ASX closed 0.2% higher

24 Jun 2020 - It has been a rollercoaster of a day for the ASX, the local bourse managed to close 0.2% higher. Shares in Perseus Mining (ASX:PRU) did well today after they released…

The information technology sector sees a boost: ASX tracking 0.1% lower

24 Jun 2020 - The ASX shot up at the open but failed to gain momentum and is now tracking 0.1% lower at noon. Following on from the US, tech stocks did well this morning with the E…

The Mirvac Group (ASX:MGR) reveals a reduction in value of properties

24 Jun 2020 - The Mirvac Group (ASX:MGR) today announced that its distribution for the year ending 30 June 2020 is 9.1 cents per stapled security.

Village Roadshow's (ASX:VRL) businesses to reopen

24 Jun 2020 - Village Roadshow’s (ASX:VRL) Gold Coast theme parks Warner Bros. Movie World, Sea World, Wet'n'Wild and Paradise Country have had their Covid Safe plans approved by t…

Freedom Foods Group (ASX:FNP) see management changes

24 Jun 2020 - Freedom Foods Group (ASX:FNP) today announced that the Managing Director and CEO, Rory Macleod, is on leave pending a further announcement that is expected to be made…

Sonic Healthcare (ASX:SHL) reinstates guidance

24 Jun 2020 - Back in March Sonic Healthcare (ASX:SHL) withdrew its earnings guidance for FY 2020 due to the level of uncertainty resulting from the Covid-19 pandemic.

Many employees content to stay working from home: ASX set to rise at the open

24 Jun 2020 - Following a rise from US markets for a second day, the ASX looks set to open higher this morning. The US business reopening plans are in disarray as Covid-19 is detec…

Western Areas (ASX:WSA) shares rise after exploration: ASX closes 0.2% higher

23 Jun 2020 - After some movement before mid-morning trade, the ASX spent the afternoon quite flat, managing to close 0.2% higher. Shares in Western Areas (ASX:WSA) continue to ris…

Large decline in the imports of cars and petroleum: ASX tracking 0.1% lower at noon

23 Jun 2020 - The ASX rose at the open, took a dip in midmorning trade, and is now tracking almost 0.1% lower at noon. Shares in Western Areas (ASX:WSA) shot up today after reports…

Harvey Norman (ASX:HVN) report profits up 20%

23 Jun 2020 - Harvey Norman (ASX:HVN) says its profit before tax and non-controlling interests from 1 July 2019 to 31 May 2020 was an increase of approximately 20 per cent on the y…

Challenger (ASX:CGF) completes $275 million institutional placement

23 Jun 2020 - Challenger (ASX:CGF) today successfully completed the $270 million fully underwritten institutional placement announced Monday 22 June 2020.

Crown Resorts (ASX:CWN) to re-open Crown Perth

23 Jun 2020 - Crown Resorts (ASX:CWN) announced today that on Saturday Crown Perth will re-commence operations of its casino and gaming floor food and beverage outlets under tempor…

Woolworths (ASX:WOW) profits to fall despite sales growth

23 Jun 2020 - Woolworths (ASX:WOW) released a trading update today showing expected earnings before interest and tax to fall between between $3.2 billion and $3.25 billion.

Tech stocks give Wall Street a huge boost: ASX set to open higher

23 Jun 2020 - The ASX looks set to open higher this morning after tech stocks gave the US market a boost. Apple shares helped the market with a jump of more than 2%. Microsoft and …

Spanish-owned Iberdrola make an offer for Infigen (ASX:IFN)

17 Jun 2020 - Infigen (ASX:IFN) has today entered into a Bid Implementation Agreement with Iberdrola Renewables Australia under which they will make an offmarket takeover bid for I…

Jumbo Interactive (ASX:JIN) suspended from official quotation

17 Jun 2020 - The securities of Jumbo Interactive (ASX:JIN) will be suspended from quotation today.

Carsales.com (ASX:CAR) report NPAT to be down 6-9%

17 Jun 2020 - Carsales.com (ASX:CAR) reported net profit after tax will be down 6 to 9 per cent, in the range of $120 million and $124 million on the previous financial year.

Ansell (ASX:ANN) defers CEO succesion

17 Jun 2020 - Personal protection solutions company Ansell (ASX:ANN) announced today that they will delay their planned CEO succession for six months from July 2021 to December 202…

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