Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Mineral Resources in $1.58b deal to sell stake in lithium project

22 Nov 2018 - Mineral Resources (ASX:MIN) has entered into an agreement with New York Stock Exchange-listed battery metals company Albemarle to sell a half share in its Wodgina lit…

Wall St closes higher as tech rallies: ASX poised to open higher

22 Nov 2018 - Australian shares are set to open higher this morning after rally on Wall Street. US stocks rose on Wednesday as tech rallied and oil prices pushed energy higher, reb…

Cromwell property Group director Marc Wainer is retiring

22 Nov 2018 - Cromwell property Group (ASX:CMW) director Marc Wainer is retiring after eight years. Marc joined the Cromwell Board in 2010.

Fairfax Media to be removed from S&P/ASX200

22 Nov 2018 - S&P Dow Jones Indices will remove Fairfax Media (ASX:FXJ) from the S&P/ASX200 subject to final approval of the scheme of arrangement where the company will merge with…

Afternoon rally weighed down by materials: ASX closed 0.5% lower

21 Nov 2018 - Australian shares closed lower despite rallying through the afternoon as some stocks moved away from near two year lows. Energy and material stocks weighed. Healthcar…

The Reject Shop surprise takeover offer

21 Nov 2018 - The Reject Shop (ASX:TRS) has had a surprise takeover offer from Allensford.

Comet Ridge signs an agreement with Synterra Technologies

21 Nov 2018 - Comet Ridge (ASX:COI) as the operator of the Galilee Basin Deeps Joint Venture has signed an agreement with Synterra Technologies to acquire 300-420 km of new 2D seis…

Global sell-off in equities and commodities: ASX 0.9% down at noon

21 Nov 2018 - Australian shares saw a heavy fall after the open following on from US stocks that took a tumble. Major banks and miners were leading the fall here, following a globa…

CIMIC group wins $1.376b Sydney Metro Works

21 Nov 2018 - CIMIC Group (ASX:CIM) companies CPB Contractors and UGL have been selected to deliver the line-wide works package in support of the Sydney Metro City and Southwest Pr…

Stockland divests $113m for retail assets

21 Nov 2018 - Stockland (ASX:SGP) has exchanged contracts to divest Stockland Bathurst Shopping Centre and Stockland South in Caloundra for combined proceeds of $113.1 million.

Tech weakens and oil plunges in the US: ASX set to open lower

21 Nov 2018 - The ASX is set to open lower this morning following on from US stocks falling as sinking oil prices hits energy companies. Tech continued to plunge with Apple Inc. le…

Woodside signs agreement for long-term gas supply

21 Nov 2018 - Woodside (ASX:WPL) has entered into a long-term gas sale and purchase agreement with Perdaman Chemicals and Fertilisers for the supply of pipeline gas for a term of 2…

John Poynton begins as Crown Resorts non-executive director

21 Nov 2018 - Crown Resorts (ASX:CWN) announced that the appointment of John Poynton as a director of Crown has become effective.

ASX falls to a 20-month low: ASX closes 0.6% lower

20 Nov 2018 - The ASX closed lower but did see an afternoon recovery with the financial index gaining with all big four banks seeing a rise. BHP Billiton (ASX:BHP) also saw gains a…

ASX hits a four week low: ASX closes 0.6% lower

19 Nov 2018 - The ASX closed lower today. Real Estate Investment Trusts was the best performing sector whereas Energy was the worst performing sector today. The information technol…

Materials and tech lead the market: ASX 0.2% higher

16 Nov 2018 - The ASX opened higher. The Materials sector is leading the way and the Consumer Discretionary sector trailing behind. Tech stocks also fared well today. Horticultural…

Mirvac Group see board changes

16 Nov 2018 - Mirvac Group (ASX:MGR) today announced the appointment of Jane Hewitt and Peter Nash as Non-Executive Directors on the Mirvac Board.

Costa Group tipped to buy Victorian citrus farm

16 Nov 2018 - Horticultural company Costa Group Holdings (ASX:CGC) has signed a conditional agreement for the acquisition of the farming operations of Nangiloc Colignan Farm in Nor…

ACCC approves Santos' $2.9b Quadrant acquisition

16 Nov 2018 - Competition watchdog the ACCC will not oppose oil and gas firm Santos Ltd's (ASX:STO) $US2.15 billion acquisition of privately held Quadrant Energy.

Myer denies disclosure obligation breach

16 Nov 2018 - Trading in the securities of Myer (ASX:MYR) will be temporarily paused pending a further announcement.

US stocks rise on trade hopes: ASX poised to open higher

16 Nov 2018 - The ASX is set to open higher amid optimism that China and the US are seeking to resolve their trade spat. Wall St had a rollercoaster of a day. US stocks rose for th…

Wesfarmers shareholders approve demerger of Coles

16 Nov 2018 - Wesfarmers (ASX:WES) is pleased to announce that shareholders have approved the demerger of Coles Group from Wesfarmers.

Steven Lowy to step down as director of Scentre Group

16 Nov 2018 - Steven Lowy AM today announced that he would retire and not seek re-election as a director of Scentre Group (ASX:SCG) at the company’s Annual General Meeting in April…

Afterpay Touch Group sees pleasing growth in the US

08 Nov 2018 - Afterpay Touch Group (ASX:APT) has shown a rapid pace of growth in the US.

Auckland airport sees board movements

08 Nov 2018 - Auckland Airport (ASX:AIA) has confirmed that Tania Simpson and Dean Hamilton have joined its Board as independent non-executive directors after their nominations wer…

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