Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Trump eases his wording on China: ASX poised to edge higher

27 Aug 2019 - The ASX is set to edge up higher this morning in an unexpected boost after a fall yesterday over Trump's China comments. Wall St climbed after he eased his wording on…

Boral to acquire Knauf Asia plasterboard

26 Aug 2019 - Building products group Boral (ASX:BLD) reported today showing net profit after tax (NPAT) before significant items is down 7 per cent to $440 million.

G8 Education sees a 20% fall in profit

26 Aug 2019 - G8 Education (ASX:GEM) today announced its results for the half-year ended 30 June 2019 showing net profit after tax (NPAT) reduced 20 per cent on the prior correspon…

Fortescue Metals posts record underlying net profit

26 Aug 2019 - Fortescue Metals (ASX:FMG) posted record underlying net profit of $US3.2 billion, 195 per cent higher than the previous year.

IOOF Holdings sees profit hurt by remediation costs

26 Aug 2019 - Wealth manager IOOF Holdings (ASX:IFL) released their results today for financial year 2019 showing statutory net profit after tax (NPAT) $28.6 million, down 67.7 per…

Regis Resources has acquired 35 tenements from Duketon Mining

26 Aug 2019 - Regis Resources (ASX:RRL) has agreed to acquire a strategic package of tenements surrounding its Duketon Operations from Duketon Mining (ASX: DKM) for $20 million.

Amaysim NPAT from continuing operations at a $7.4 million loss

26 Aug 2019 - Amaysim Australia (ASX:AYS) today announced its results for the full year ending 30 June 2019 showing statutory net revenue of $508.3 million, up 7.8 per cent on last…

Trump regrets not raising Chinese tariffs higher: ASX poised to open lower

26 Aug 2019 - The ASX is set to see a downturn this morning after a rumble over the US China trade war. Trump was asked if he had second thoughts about escalating the trade war wit…

Mixed earnings see morning dip in the market: ASX tracking 0.4% higher at noon

23 Aug 2019 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.4% higher at noon. Shares in pharmaceutical company Mayne Pharma (ASX:MYX) shot up 10% t…

Brickworks continues US expansion

23 Aug 2019 - Brick manufacturer Brickworks (ASX:BKW) is continuing its expansion into the US by purchasing of Iowa-based Sioux City Brick for $47 million.

Bravura Solutions see NPAT rise up 21%

23 Aug 2019 - Bravura Solutions (ASX:BVS) today announced its full-year results for the period ended 30 June 2019, showing group FY19 NPAT increased 21 per cent to $32.8 million fr…

The Goodman Group report operating profit up 11.4%

23 Aug 2019 - Property group the Goodman Group (ASX:GMG) today announced its results for the full year ended 30 June 2019 showing operating profit up 11.4 per cent on last year to …

Mayne Pharma report net loss of $280m

23 Aug 2019 - Pharmaceutical company Mayne Pharma (ASX:MYX) reported a full-year net loss of $280.8 million down 110 per cent on last year's $133.9 million loss impacted by intangi…

Boral agrees to sell Midland Brick

23 Aug 2019 - Boral (ASX:BLD) has entered into an agreement with a Western Australian consortium to sell its Midland Brick business.

Alumina see profit cut by 26%

23 Aug 2019 - Alumina (ASX:AWC) today reported a statutory net profit after tax of US$210.9 million for the half-year to 30 June 2019 that's 26 per cent down the results on the pri…

Wesfarmers drop Lynas bid: ASX poised to open lower

23 Aug 2019 - Australian shares are poised to edge lower at the open following mixed leads from Wall Street. Tech stocks saw a slide offsetting a rally in financials. Investors are…

Bingo Industries shares down as profit slumps: ASX closes 0.3% higher

22 Aug 2019 - The ASX closed 0.3% higher. A number of stocks lifted the market, the Vocus Group (ASX:VOC) is trading over 10% and Flight Centre has risen 10% after reporting earlie…

Zip Co see customer boost: ASX 0.27% higher at noon

22 Aug 2019 - The ASX shot up at the open, managed to maintain momentum and is now currently 0.27% higher at noon. The Flight Centre Travel Group (ASX:FLT) have seen a rise in thei…

Monash IVF Group set to lose 5 fertility specialists

22 Aug 2019 - Monash IVF Group (ASX:MVF) has been notified that five Victorian based fertility specialists who currently refer patients for IVF treatment will stop using services …

The Flight Centre Travel Group see 0.1% rise in NPAT in a subdued cycle

22 Aug 2019 - The Flight Centre Travel Group (ASX:FLT) report net profit after tax attributable to owners of the company up 0.1 per cent to $263.8 million compared with $263.6 mill…

Coca-Cola Amatil declares special dividend

22 Aug 2019 - Coca-Cola Amatil (ASX:CCL) report statutory net profit after tax (NPAT) of $168.0 million for the half year, up 6.3 per cent on the prior corresponding period.

Coles FY profit down 9.1% to $1.43 billion

22 Aug 2019 - Coles (ASX:COL) full-year net profit for the period dropped 9.1 per cent to $1.43 billion.

Qantas profit falls 17% on fuel costs and foreign currency exchange

22 Aug 2019 - Qantas (ASX:QAN) report underlying profit before tax at $1.30 billion for the year that's down 17 per cent on the prior corresponding period.

Santos first half profit jumps 89%

22 Aug 2019 - Santos (ASX:STO) reports underlying profit of US$411 million that's up 89 per cent on last year's result of $217 million.

Wall St and Europe gain overnight: ASX set to open higher

22 Aug 2019 - The ASX is set to rise at the open, after positive leads from US markets overnight. Bonds dropped after the minutes from the latest meeting of Federal policymakers sh…

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