Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Sigma rejects API takeover proposal: ASX 0.4% lower at noon

13 Mar 2019 - The ASX dropped at the open and continues to fall – currently trading 0.4% lower. Shares in Sigma Healthcare (ASX:SIG) have dropped almost 5% after rejecting the prop…

Gage Roads Brewing finds site for microbrewery and taphouse

13 Mar 2019 - Gage Roads Brewing (ASX:GRB) has secured a site for its first microbrewery and taproom.

Megaport prepares to raise up to $50 million

13 Mar 2019 - Global network as a service provider, Megaport (ASX:MP1) will raise up to $50 million in new equity via a fully underwritten placement.

Sigma Healthcare rejects API merger offer

13 Mar 2019 - The Board of Sigma Healthcare (ASX:SIG) has concluded that the Australian Pharmaceutical Industries (ASX:API) proposal is not in the best interests of Sigma sharehold…

Mayur Resources in binding offtake with Qingdao Shinebest

13 Mar 2019 - Mayur Resources (ASX:MRL) has entered into a binding offtake with Qingdao Shinebest for the vanadium titano-magnetite iron sands product from the Orokolo Bay Industri…

ClearVue Technologies signs agreement with Edith Cowen University

13 Mar 2019 - Smart building materials company ClearVue Technologies (ASX:CPV) has signed a new research agreement with Edith Cowan University (ECU).

Silver Lake Resources and Doray Minerals a step closer to their merger

13 Mar 2019 - The merger of gold miners Silver Lake Resources (ASX:SLR) and Doray Minerals (ASX:DRM) is a step closer after Doray's largest shareholder, Perennial Value Management,…

UK stocks drop on Brexit chaos: ASX poised to open lower

13 Mar 2019 - The ASX is set to open lower this morning with eyes on Britain. In the UK Theresa May's Brexit deal was once again rejected by Parliament. Boeing shares tumble follow…

Business conditions fell 3 points in Feb: ASX tracking 0.4% higher at noon

12 Mar 2019 - The ASX rose after the open and is now tracking 0.4% at noon. Resources engineering company WorleyParsons (ASX:WOR) recovered after yesterday's dip with a 3% rise thi…

Slow start to the week: ASX closes 0.4% lower

11 Mar 2019 - The ASX closed 0.4% lower – the lowest value since the beginning of the month. Financial services company Perpetual (ASX:PPT) made a rise of over 12% despite no annou…

AuStar Gold (ASX:AUL) imminent VIC gold production

08 Mar 2019 - AuStar Gold (ASX:AUL) CEO Tom de Vries talks about intersecting visible gold and imminent production at its historical Morning Star mine in the eastern Victorian gold…

Newcrest to buy billion dollar stake in Canada mine: The ASX 0.5% down at noon

11 Mar 2019 - The ASX dropped at the open and continued to struggle throughout the morning now tracking 0.5% lower at noon. Newcrest (ASX:NCM) saw their shares jump today after rep…

Argo Investment sees profit for the half-year rise 42.2%

08 Mar 2019 - Investment company Argo’s (ASX:ARG) profit for the half-year saw an increase of 42.2 per cent to $157.2 million.

LiveHire signs a deal with a US company

08 Mar 2019 - LiveHire (ASX:LVH) has entered the US market with commitment for 5 clients across a range of industries.

CBA CEO tells MPs they are addressing their past failings

08 Mar 2019 - The Chief Executive Officer of the Commonwealth Bank of Australia (ASX:CBA) Matt Comyn has been answering questions in the House of Representatives economics committe…

Cochlear welcome changes in the UK for implant criteria

08 Mar 2019 - Hearing implant manufacturer Cochlear (ASX:COH) is excited the UK has opened up the criteria for health professionals to decide who has implants on the National Healt…

European Central Bank slashes growth forecasts: ASX poised to open lower

08 Mar 2019 - The ASX is set to open lower this morning following on from losses in Europe. The euro zone’s central bank cut its growth forecast for 2019 to 1.1% from December's f…

OceanaGold see significant increase in mineral resource

08 Mar 2019 - OceanaGold Corporation (ASX:OGC) is pleased to announce an increase the Mineral Resource estimate for the Martha Underground Project.

Tilt Renewables on course for the biggest wind farm project in Australia

08 Mar 2019 - Tilt Renewables (ASX:TLT) has completed the acquisition of the Liverpool Range Wind Farm project from Epuron Pty Ltd.

Retail sales come in below expectations: ASX 0.2% higher at noon

07 Mar 2019 - The ASX advanced at the open and is now tracking 0.2% higher at noon. Rio Tinto (ASX:RIO) shares took a dip today after being one of the best performers so far this y…

Pengana Capital Group IPO opens to strong early demand

07 Mar 2019 - Pengana Capital Group (ASX:PCG) has launched Australia’s first ASX listed investment trust that invests in global private equity.

Santos prices US$600m 10-year Reg-S bond

07 Mar 2019 - Leading oil and gas producer Santos (ASX:STO) has priced a US$600 million senior unsecured fixed rate bond transaction in the US$ Regulation S market.

Byron Energy South Marsh acquisition complete

07 Mar 2019 - Byron Energy (ASX:BYE) has increased its footprint into the US Gulf of Mexico and bought South Marsh Island Block 58 for US$4.25 million.

Restaurant Brands full year sales up 7.2%

07 Mar 2019 - Restaurant Brands’ (ASX:RBD) full year sales are up 7.2 per cent to $794.0 million with strong growth in overseas operations.

Wall St stocks fall to a three-week low: ASX set to open slightly higher

07 Mar 2019 - The ASX is set to open higher this morning as US equities fell to a three week low amid concerns about their own economic outlook. A key jobs report is out tomorrow i…

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