Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

US looks set to blacklist more Chinese companies: ASX poised to open lower

23 May 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. US stocks fell yesterday as trade tensions between China continued to rumble. The …

Construction work done falls 1.9% in March Qtr: ASX tracking 0.1% lower at noon

22 May 2019 - The ASX has snapped its winning streak and has shed 0.1% at noon, after the local bourse made gains for the five past sessions. Nevertheless, we are still trading at …

Serko uses Uber for their corporate clients

22 May 2019 - Business travel software company Serko (ASX:SKO) have integrated ride sharing service Uber with their expense management tools.

IOOF Holdings update on APRA licence conditions

22 May 2019 - The Board of IOOF Holdings (ASX:IFL) have now provided formal directions relating to the Office of the Superannuation Trustee (OST), in line with APRA.

Fortescue approves development of Queens Valley in WA

22 May 2019 - Fortescue (ASX:FMG) has announced the development of the Queens Valley mining area at its Solomon Hub in the Pilbara region of Western Australia.

Healthscope asks shareholders to vote

22 May 2019 - Healthscope (ASX:HSO) Chairman Paula Dwyer has sent a letter to shareholders asking them vote on a proposed scheme of arrangement under which Brookfield will acquire …

SKYCITY Entertainment Group poised to enter online gaming

22 May 2019 - Casino operator SKYCITY Entertainment Group (ASX:SKC) has today announced that its Maltese subsidiary company, SKYCITY Malta, will partner with international iGaming …

Australian Agricultural Company saw business grow despite extreme weather

22 May 2019 - Australian Agricultural Company (ASX:AAC) has continued to make progress implementing its premium branded beef strategy despite facing extreme operating conditions, w…

Dollar slumps after RBA hints at future rate cut: ASX set to open higher

22 May 2019 - The ASX is set to edge higher at the open, as shares in Europe and the US rebounded. Apple rose 2% helping tech stocks rebound in the US. The AUD slumped yesterday af…

TechnologyOne release H1 results, shares fall: ASX trading 0.2% lower at noon

21 May 2019 - The Australian share market retracted at the open on the back of Wall Street’s lacklustre session, after tech stocks saw selling on the back of Google suspending busi…

Lake Resources engages engineering company Hatch

21 May 2019 - Lake Resources NL (ASX:LKE) announced today that international engineering company Hatch Pty has been engaged to provide engineering and design services for Lake’s fl…

Seven West Media downgrades profit forecast

21 May 2019 - Seven West Media (ASX:SWM) has today warned its underlying earnings for the year could be in the range of $210 million to $220 million versus $235.6m in the prior yea…

Megaport sell down 3.3 million shares

21 May 2019 - Interconnection services company Megaport (ASX:MP1) today announced the sell down of 3,300,000 shares in the Company held by Megaport Chairman, Mr Bevan Slattery.

Zip Co partners with Kmart Australia

21 May 2019 - Software company Zip Co (ASX:Z1P) has partnered with Kmart Australia to offer Zip interest free payments to its customers.

TechnologyOne see H1 profit up 130%

21 May 2019 - Australia’s largest enterprise Software as a Service (SaaS) company, TechnologyOne (ASX:TNE) today announced its financial results for the half-year ended 31 March 20…

Arena REIT seeking to raise $50 million

21 May 2019 - Arena REIT (ASX:ARF) is seeking to raise $50 million institutional placement at $2.67 a share.

Google suspends some business with Huawei: ASX set to open lower

21 May 2019 - Following weak leads from US markets, the ASX looks set to open lower. Wall St equities sank on Monday as the fallout from the White House move against Chinese teleco…

NRW Holdings awarded new WA rail work from Rio

17 May 2019 - Mining contractors NRW Holdings (ASX:NWH) has been awarded the Koodaideri Rail Formation South Earthworks contract by Rio Tinto (ASX:RIO).

Pantoro completes $43m share placement to fund Norseman

17 May 2019 - High grade gold producer Pantoro (ASX:PNR) has completed it fully underwritten $43 million share placement to fund the acquisition and joint venture of the Central No…

Immutep to present positive results in melanoma trial

17 May 2019 - Biotech company Immutep (ASX:IMM) today announces more mature data relating to Part B of its ongoing phase I TACTImel clinical study of the Company’s lead product can…

Genesis signs 20-year wind farm deal with Tilt Renewables

17 May 2019 - Genesis (ASX:GNE) and Tilt Renewables (ASX:TLT) have today finanalised a 20-year electricity offtake agreement for the Waverley Wind Farm in South Taranaki.

Infratil looks to equity raising for Vodafone NZ

17 May 2019 - Infratil (ASX:IFT) has announced a NZ$400 million equity raising to partially fund the acquisition of Vodafone New Zealand.

Metro Mining says Bauxite supply not affected by Chinese refinery closure

17 May 2019 - Metro Mining (ASX:MMI) has responded to reports in the Chinese press about the temporary closure of Alumina refinery after environmental audits by Chinese authorities…

Wall St rises, Walmart shares up: ASX set to open higher

17 May 2019 - Following positive leads from US markets, the ASX looks set to open higher. The US and European markets closed higher. Walmart share price rose 3 per cent despite the…

Superloop end exclusive takeover discussions with QIC

16 May 2019 - Computer support company Superloop (ASX:SLC) has ended exclusive discussions with QIC Private Capital about a takeover from them.

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