Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Orica shares on the up after NPAT rise: ASX 0.5% higher at noon

09 May 2019 - The ASX rose at the open then took a dip before midday. It recovered slightly and is now tracking 0.5% higher at noon. Shares in Adelaide Brighton (ASX:ABC) fell afte…

Home building slump to hit Adelaide Brighton profit

09 May 2019 - Construction company Adelaide Brighton (ASX:ABC) reports that it expects underlying net profit after tax , excluding property, for the year ending 31 December 2019 to…

Otto Energy gains licence from Byron Energy

09 May 2019 - Otto Energy (ASX:OEL) has gained a 100 per cent interest in a licence which lies adjacent to its producing South Marsh Island Block.

BluGlass works with X-Celeprint for RPCVD proptype

09 May 2019 - Australian semiconductor technology developer, BluGlass (ASX:BLG) together with its customer X-Celeprint have used BluGlass’ Remote Plasma Chemical Vapour Deposition …

Qantas Q3 revenue up $4.4b, sells Melbourne terminal

09 May 2019 - Qantas (ASX:QAN) have seen their third quarter revenue up 2.3 per cent to $4.4 billion versus prior corresponding period.

Graincorp sees net loss after tax of $59 million for the half year

09 May 2019 - GrainCorp (ASX:GNC) has reported an underlying net loss after tax of $48 million for the half year. Net profit after tax for the half year last year was $36 million.

Explosive company Orica see NPAT 35% up for the half year

09 May 2019 - Explosive company Orica (ASX:ORI) saw Net Profit After Tax for the six months to 31 March 2019 at $167 million, before individually significant items, 35 per cent up …

Global markets caught off-guard: ASX set to open higher

09 May 2019 - The ASX is set to edge higher this morning as trade talks regarding the US and China are imminent. The S&P 500 swung between gains and losses for most of yesterday as…

Treasury Wine Estates shares take a dip: ASX tracking 0.4 per cent lower at noon

08 May 2019 - The ASX fell at the open and is now tracking 0.4% lower at noon. Shares in regenerative medicine company Orthocell (ASX:OCC) skyrocketed today after announcing the fi…

Wattle Health requests extension to suspension as announcement imminent

08 May 2019 - Infant formula Wattle Health (ASX:WHA) has requested an extension of voluntary suspension on the ASX pending an announcement about the proposed acquisition of a stake…

LiveHire surpass 1 million Talent Community Connections

08 May 2019 - Talent acquisition company LiveHire (ASX:LVH) has surpassed critical mass of 1 million Talent Community Connections.

BHP to defend claim over 2015 Brazil dam failure

08 May 2019 - BHP (ASX:BHP) today released a statement to the ASX noting the media reports out today concerning the group claim in the UK in relation to the Samarco dam failure.

FlexiGroup inks new deal with Myer, Ikea and other retailers

08 May 2019 - Buy now pay later group the FlexiGroup (ASX:FXL) have announced today that a number of new high profile retail partners have joined the humm platform, an on-premise r…

Automotive Holdings Group board backs improved takeover offer

08 May 2019 - Automotive Holdings Group (ASX:AHG) are pleased to announce that AP Eagers has today agreed to vary its all-scrip offer to acquire the ordinary shares in AHG it does …

Orthocell sees four patients benefit from CelGro trial

08 May 2019 - Regenerative medicine company Orthocell (ASX:OCC) have seen the first four patients successfully complete participation in the CelGro® nerve regeneration clinical tri…

US/China trade worries rumble on: ASX poised to open lower

08 May 2019 - Australian shares are poised to open lower this morning following on from weak leads on Wall Street ahead of trade talks between the US and China later this week. US …

RBA's decision sees market dip: ASX closes 0.2% higher

07 May 2019 - The ASX closed 0.2% up, just below 6300 – higher than yesterday's close but lower than the peak at lunchtime. Mayne Pharma (ASX:MYX) shares continue to fall as do HUB…

Wall Street futures plunge: ASX closes 0.8% lower

06 May 2019 - It has been a negative day of trade for the ASX. After opening in the red the local bourse managed to lose momentum to close at 0.8%. Trump says China trade talks are…

Westpac profit slumps: ASX tracking 1.1% lower at noon

06 May 2019 - The ASX fell at the open and is now tracking 1.1% lower at noon. Trump has increased pressure on China to reach a trade deal by announcing he'll hike tariffs. Wall St…

Highlands Pacific Group’s scheme of arrangement legally effective

03 May 2019 - Highlands Pacific Group's (ASX:HIG) scheme of arrangement, which will enable Cobalt 27 Capital Corp. to acquire all of the issued share capital of Highlands that it d…

Superloop share price jumps on QIC takeover offer

03 May 2019 - Computer support and services company Superloop (ASX:SLC) report that QIC subsidiary QIC Private Capital have made an unsolicited, non-binding acquisition offer for t…

Afterpay Touch sign for US$300m receivables funding facility

03 May 2019 - The Afterpay Touch Group (ASX:APT) has signed a US$300 million receivables funding facility with Citi to support the expansion of their business in the United States.

ResMed report NPAT up 15%

03 May 2019 - Health company, ResMed (ASX:RMD) released their results for the quarter ending 31 March 2019 showing NPAT up 15 per cent with income from operations at $157 million f…

Macquarie Group raises dividend

03 May 2019 - Macquarie Group (ASX:MQG) today reported a 17 per cent rise in net profit after tax of $2.99 billion for the full year ended 31 March 2019.

Noni B Group welcome Jackie Frank to the board

03 May 2019 - Noni B Group (ASX:NBL) has appointed Jacqueline Frank as a Non-Executive Director of the Company from today.

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