Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Bendigo & Adelaide Bank (ASX:BEN) launches capital raising

17 Feb 2020 - Bendigo & Adelaide Bank (ASX:BEN) is looking to raise $300 million to support growth in its residential mortgage business, also to strengthen its balance sheet.

Regis Resources (ASX:RRL) record net profit up 17%

17 Feb 2020 - Regis Resources (ASX:RRL) has reported net profit is up 17 per cent to $93.4 million compared to the same corresponding period where it stood at $79.9 million.

Saracen Mineral Holdings (ASX:SAR) NPAT up 84%

17 Feb 2020 - Saracen Mineral Holdings (ASX:SAR) reports further strong growth in production, with an 84 per cent increase in its underlying net profit after tax in the six months …

Ridley Corporation (ASX:RIC) appoint new CEO for Novacq

17 Feb 2020 - Ridley Corporation (ASX:RIC) has appointed Siddharth Jain to the role of Chief Executive Officer of Novacq™ and to advise of the completion of the land and feedmill a…

Atlas Arteria (ASX:ALX) receives anti-trust clearance

17 Feb 2020 - Atlas Arteria (ASX:ALX) is pleased to announce that anti-trust clearance from the European Commission and foreign investment control clearance from the French Ministr…

Brambles (ASX:BXB) dividend down 37.9%

17 Feb 2020 - Brambles (ASX:BXB) has reported first half underlying profit of $US435.5 million, up 1 per cent net on the prior corresponding period and 5 per cent higher excluding …

Huge reporting week ahead: ASX poised to open lower

17 Feb 2020 - Following mixed leads from US markets, the ASX looks set to open higher this morning. It’s a huge reporting week this week with more than 70 companies due to report s…

AMP (ASX:AMP) shares claw back up: ASX trading 0.2% higher at noon

14 Feb 2020 - The ASX is currently on the rise and is now tracking 0.2% higher at noon. Amp (ASX:AMP) shares are on the up despite posting a huge full-year loss yesterday and notin…

Baby Bunting (ASX:BBN) increase dividend

14 Feb 2020 - Baby Bunting (ASX:BBN) has reported first half pro-forma sales of $186.4 million, with comparable sales up 1 per cent and total sales 8.1 per cent higher on the previ…

Centuria Capital Group (ASX:CNI) settles Paramatta office tower

14 Feb 2020 - Centuria Capital Group (ASX:CNI) says their subsidiary, Centuria Property Funds has settled Parramatta office tower for $105.3 million, following the completion of th…

Viva Leisure (ASX:VVA) acquires 13 new health clubs

14 Feb 2020 - Health club owner Viva Leisure (ASX:VVA) has completed the acquisition of the 13 FnF health clubs.

NetLinkz (ASX:NET) to provide remote office tech in Beijing for coronavirus

14 Feb 2020 - NetLinkz (ASX:NET) today announced Beijing iLinkAll Science and Technology Co. has been selected by the Beijing Municipal Bureau of Economic and Information Technolog…

China’s travel ban extended due to coronavirus: ASX poised to open higher

14 Feb 2020 - Despite Wall St closing lower yesterday, the ASX looks set to open higher this morning after the WHO says new coronavirus cases have stablised – but warn that could c…

Regional Express’s (ASX:REX) Pel-Air awarded NSW Air Ambulance contract

14 Feb 2020 - Regional Express (ASX:REX) report that New South Wales Ambulance and Pel-Air have entered into a contract to provide Fixed Wing Patient Transport Services to NSW Ambu…

Smartgroup Corporation (ASX:SIQ) appoint new CEO and CFO

14 Feb 2020 - Smartgroup Corporation (ASX:SIQ) has appointed Tim Looi as Managing Director and CEO to succeed Deven Billimoria will take effect at the end of this month.

Breville (ASX:BRG) shares shot up 27.6%: ASX closed 0.2% higher

13 Feb 2020 - It has been a positive day of trade for the ASX, the local bourse managed to close 0.2% higher. Shares in Downer (ASX:DOW) continue to fall after reporting a fall in …

Centuria Capital Group (ASX:CNI) 1H20 results & outlook

13 Feb 2020 - Centuria Capital Group (ASX:CNI) Joint CEO, John McBain talks 1H20 results & outlook, including the contribution from recent acquisitions as group AUM now exceeds $7.…

TPG (ASX:TPM) and Vodafone merger to go ahead: ASX tracking 0.2% higher at noon

13 Feb 2020 - The ASX rose at the open and is now tracking 0.2% higher at noon. Breville (ASX:BRG) shares shot up after reporting half-year net profit up by 14.1%. The best-perform…

Woodside (ASX:WPL) see profit fall 74.9%

13 Feb 2020 - Woodside (ASX:WPL) report profit from ordinary activities after tax attributable to members decreased 74.9 per cent to US$343 million compared to 2018 US$1.364 billio…

Pro Medicus (ASX:PME) see strong profit growth

13 Feb 2020 - Pro Medicus (ASX:PME) released their results for the six months ending December 31, showing after tax profit of $12.051 million, an increase of $2.969 million up 32.7…

Telstra (ASX:TLS) see 7.6% fall in profit

13 Feb 2020 - Telstra (ASX:TLS) has reported a 7.6 per cent drop in first-half profit to $1.14 billion.

Caltex Australia (ASX:CTX) receive improved acquisition proposal

13 Feb 2020 - Caltex Australia (ASX:CTX) has received a revised, conditional, nonbinding and indicative proposal from Alimentation Couche-Tard Inc. to acquire all of the shares in …

AMP suffers $2.5 billion loss: ASX set to open higher

13 Feb 2020 - The ASX looks set to open slightly higher this morning. European shares also rose. Iron ore rallied. In the US the Treasury department reported that the US budget def…

AMP (ASX:AMP) announces board changes

13 Feb 2020 - AMP (ASX:AMP) has announced some changes to the board with Mike Wilkins AO retiring from the Board, and Michael Sammells being appointed as a Non-Executive Director.

Synlait Milk (ASX:SM1) will not achieve rate of growth expected

13 Feb 2020 - Synlait Milk (ASX:SM1) expects its full year 2020 earnings guidance to be between $70 million and $85 million net profit after tax (NPAT).

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