Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Nine welcome ACCC's decision to allow Fairfax merger

08 Nov 2018 - Nine Entertainment Co. Holdings (ASX:NEC) today announce they welcome the decision by the Australian Competition and Consumer Commission (ACCC) to not oppose the prop…

BHP acquire two new licences for Eastern Canada

08 Nov 2018 - BHP (ASX:BHP) has been successful in its bids to acquire a 100 per cent participating interest in, and operatorship of two exploration licences for two blocks in the …

Midterm results end investor uncertainty: ASX set to open higher

08 Nov 2018 - Australian shares are set to open higher after Wall Street saw a rally after the US midterm elections. All three major benchmarks rose in afternoon trade. The Austra…

Mineral Resources see first iron ore train depart Koolyanobbing

08 Nov 2018 - Mining services company Mineral Resources (ASX:MIN) is pleased to announce the departure of its first train loaded with iron ore from the newly acquired Koolyanobbing…

Centuria completes settlement of four office assets

08 Nov 2018 - Centuria Property Funds Limited (CPFL), as Responsible Entity of Centuria Metropolitan REIT (ASX:CMA), has completed settlement of interests in four high quality offi…

Midterm polls closing across the US: ASX 0.17% lower at noon

07 Nov 2018 - Australian shares are trading lower at midday. Financials Excluding REIT is leading the way and the Utilities sector trailing behind in the first two hours of trade. …

Scentre Group report $1.1b developments completed

07 Nov 2018 - Scentre Group (ASX:SCG) today released its operating update for the third quarter to 30 September 2018 highlighting four recent redevelopment openings exceeding $1 bi…

Bega Cheese to vote in Capilano scheme of arrangement

07 Nov 2018 - Bega Cheese (ASX:BGA) intends to vote in favour of the Capilano scheme of arrangement under which Bravo BidCo Pty Ltd will acquire 100 per cent of the shares in Capil…

Commonwealth Bank see a dip in Q1

07 Nov 2018 - The Commonwealth Bank (ASX:CBA) reported unaudited statutory net profit was about $2.5 billion in the September quarter, less than the $2.65 billion made in the same …

WorleyParsons awarded new subsea contracts

07 Nov 2018 - WorleyParsons (ASX:WOR) has been awarded a frame agreement for engineering and construction (E&C) services and a new contract in the UK with ConocoPhillips UK, Ltd.

Markets cautious for US midterm results: ASX set to open higher

07 Nov 2018 - Australian shares are poised to open higher. It appears investors are cautious though ahead of the US mid-term election results which we will see later today. Oil fel…

GR Engineering Services director resigns

07 Nov 2018 - GR Engineering Services (ASX:GNG) announced that Terrence Strapp, the Director of the Company, has resigned.

Inghams arrange meeting to approve return of $125m

07 Nov 2018 - Poultry company Inghams Group (ASX:ING) will return funds to shareholders of approximately $125 Million, that's $0.33 per share, expected to comprise entirely of a re…

RBA keeps cash rate at 1.5%: ASX closes 1% higher

06 Nov 2018 - The market went quiet for a while as everyone stopped to watch the race that stops the nation - the Melbourne Cup, but it clawed back up to close 1 per cent higher. C…

Westpac report full year profit of $8.1 billion

05 Nov 2018 - Westpac (ASX:WBC) have reported a full year profit of $8.1 billion, up just 1 per cent on last year's results.

Clover buys stake in Melody Dairies

05 Nov 2018 - Clover Corporation (ASX:CLV) today announced it has acquired a 35 per cent stake in new company, Melody Dairies in New Zealand.

Webjet to buy Destinations of the World

05 Nov 2018 - Online travel agency Webjet (ASX:WEB) is to buy Dubai-based business travel wholesaler Destinations of the World for $240 million.

Cochlear to appeal $268m patent fine

05 Nov 2018 - Medical device company Cochlear (ASX:COH) are set to appeal a case they lost in the US in the patent infringement lawsuit by the Alfred E. Mann Foundation for Scienti…

Origin reports Australia Pacific LNG has signed a new agreement

05 Nov 2018 - Origin (ASX:ORG) advises that Australia Pacific LNG, in which Origin holds a 37.5 per cent interest, has signed long term infrastructure sharing arrangements with the…

Genex Power’s Alan du Mée to retire

05 Nov 2018 - Genex Power Limited (ASX:GNX) has reported that the Company’s independent non-executive director, Mr Alan du Mée, has retired as a director effective today.

US/China trade spat continues: ASX poised to open lower

05 Nov 2018 - Australian shares are set to open lower this morning. Investors are cautious as conflicting signals come regarding the US and China trade war. On Friday the ASX fluct…

Energy sector takes a dip: ASX 0.2% lower at noon

02 Nov 2018 - The ASX opened lower despite positive leads from Wall St and is now tracking 0.2 per cent higher at noon. The big banks saw some losses today as did the energy sector…

Norwest Minerals (ASX:NWM) to list on ASX

02 Nov 2018 - Norwest Minerals Limited (ASX:NWM) CEO Charles Schaus talks about the company's gold and base metal projects in WA, drill program, strategy and IPO.

Spark EBITDA guidance for FY19 over $1 billion

02 Nov 2018 - New Zealand telecommunications company Spark (ASX:SPK) have released details of their AGM and addressed their move into Agile – a new software for staff to work toget…

PSC Insurance Group buys Workers Compensation Services

02 Nov 2018 - PSC Insurance Group (ASX:PSI) have bought Workers Compensation Services (WCS) to enhance and strengthen their existing workers compensation consulting capability.

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