Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Sigma Healthcare (ASX:SIG) unable to pay fully franked dividend

07 Feb 2020 - Sigma Healthcare (ASX:SIG) reports that the transformation of their business has left them unable to pay a fully franked dividend in 2020.

Melco abandons plans to increase stake in Crown Resorts (ASX:CWN): ASX poised to open higher

07 Feb 2020 - Australian shares are poised to open higher after positive leads from New York. All three US benchmarks closed higher, resetting record highs. Shares also rose across…

The REA Group (ASX:REA) delivers in challenging market conditions

07 Feb 2020 - The REA Group (ASX:REA) today announced its results for the half-year ended 31 December 2019 showing revenue of $440.3 million and EBITDA of $272.1 million.

Webster’s (ASX:WBA) Canadian takeover underway

07 Feb 2020 - Agricultural group Webster (ASX:WBA) reports that the Supreme Court of NSW has made orders approving the Ordinary Scheme of Arrangement under which an indirect wholly…

CIMIC (ASX:CIM) selected for two new contracts worth $164m: ASX closes 1.1% higher

06 Feb 2020 - The ASX shot up at the open and managed to stabilise closing 1.1% higher. Pinnacle Investment Management (ASX:PNI) shares rose after they reported net profit from con…

Retail turnover fell 0.5 per cent in December 2019: ASX tracking 0.6% higher at noon

06 Feb 2020 - The ASX rose at the open and is now tracking 0.6% higher at noon. Service Stream (ASX:SSM) shares saw a decline today. Meanwhile, shares in Elders (ASX:ELD) and Janus…

Dexus (ASX:DXS) report NPAT up 36.9%

06 Feb 2020 - Office landlord Dexus (ASX:DXS) report net profit after tax of $994.2 million, up 36.9 per cent.

Pantoro (ASX:PNR) Mike Jefferies steps down as non-executive chairman

06 Feb 2020 - Gold producer Pantoro (ASX:PNR) reports that Mike Jefferies has stepped down as Non-Executive Chairman of the Company, and will remain an Independent Non-Executive Di…

Ansell (ASX:ANN) buy stake in Malaysian glove-maker

06 Feb 2020 - Protection solutions company Ansell (ASX:ANN) has bought a 50 per cent stake in a Malaysian gloves maker for $13.3 million.

The Coles Group (ASX:COL) upgrades profit guidance

07 Feb 2020 - The Coles Group (ASX:COL) has upgraded its profit guidance after reporting their 2020 Half Year Results announcement.

Trump acquitted in impeachment trial: ASX poised to open higher

06 Feb 2020 - The ASX looks set to open higher this morning as US stocks closed at new record highs. Shares also closed higher across Europe. Yesterday the Senate voted to acquit P…

Alliance Aviation Services (ASX:AQZ) post record half year revenue

06 Feb 2020 - Alliance Aviation Services (ASX:AQZ) announced a record first half profit before tax (PBT) result of $15.5 million for the half year ended 31 December 2019, an increa…

Service Stream (ASX:SSM) increases dividend

06 Feb 2020 - Leading essential network services company Service Stream (ASX:SSM) today released its financial results for the half-year ended 31 December 2019, showing adjusted NP…

Philip Lowe says bushfires to take 0.2pp off GDP growth: ASX closed 0.4% higher

05 Feb 2020 - It has been a positive day of trade for the ASX the local bourse managed to close 0.4% higher. Orocobre (ASX:ORE) and Pilbara Minerals (ASX:PLS) saw rises and Resolut…

AiG Construction Index improved marginally in January: ASX tracking 0.4% higher at noon

05 Feb 2020 - The ASX rose at the open and is now tracking 0.4% higher at noon. Pilbara Minerals (ASX:PLS) shares are up today as are Orocobre (ASX:ORE) meanwhile Silver Lake Resou…

Genworth Mortgage Insurance Australia (ASX:GMA) report a recovery in confidence in the housing market

05 Feb 2020 - Genworth Mortgage Insurance Australia (ASX:GMA) reports statutory net profit after tax (NPAT) for FY19 was $120.1 million up from $75.7 million in 2018 and underlying…

NRW Holdings (ASX:NWH) wins Iron Bridge contract

05 Feb 2020 - NRW Holdings (ASX:NWH) has received a Notice of Award for the Bulk Earthworks contract for the Iron Bridge Magnetite Project.

Computershare (ASX:CPU) acquires Corporate Creations

05 Feb 2020 - Computershare (ASX:CPU) has acquired Corporate Creations, US registered agent providers servicing over 14,000 corporate entities across America.

Perenti (ASX:PRN) considers buying Downer’s mining arm

05 Feb 2020 - Diversified mining services company Perenti (ASX:PRN) says it is currently giving consideration to the potential purchase of Downer’s mining services division.

Global rally as coronavirus fears are soothed: ASX set to open higher

05 Feb 2020 - Following positive leads from US markets, the Australian share market looks set to open higher this morning. Coronavirus fears continue to settle with Asian stocks al…

Centuria Metropolitan REIT (ASX:CMA) 1H20 results & outlook

05 Feb 2020 - Centuria Metropolitan REIT (ASX:CMA) Fund Manager, Grant Nichols talks 1H20 results, portfolio metrics and guidance.

Centuria Industrial REIT (ASX:CIP) 1H20 results & outlook

05 Feb 2020 - Centuria Industrial REIT (ASX:CIP) Fund Manager, Jesse Curtis talks 1H20 results, portfolio metrics and trends.

Janus Henderson (ASX:JHG) report net profits up 4.8% on last year

05 Feb 2020 - Janus Henderson (ASX:JHG) reported net profits of $112 million US for the three-month period, up 4.8 per cent on the same period a year ago.

The Woolworths Group (ASX:WOW) complete ALH merger

05 Feb 2020 - The Woolworths Group (ASX:WOW) has completed the Restructure Scheme and ALH merger to combine its retail drinks business and ALH Group to create the Endeavour Group

MMJ Group Holdings (ASX:MMJ) Canadian cannabis market update

03 Feb 2020 - Embark Ventures Managing Partner Michael Curtis provides an update on talks about the company's role as investment manager for MMJ Group Holdings (ASX:MMJ), the Canad…

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