Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

ParaZero (ASX:PRZ) drone safety leader

18 Oct 2018 - ParaZero (ASX:PRZ) CEO Eden Attias talks about the American Society for Testing and Material (ATSM), small Unmanned Aerial Systems (sUAS) Parachute Standard, and its …

Banks on the rise: The ASX is 1.1% higher at noon

17 Oct 2018 - The ASX is still trading higher this morning, as major banks saw rises - Commonwealth Bank (ASX:CBA) was leading the way. Australian pot stocks are soaring as Canada …

Tabcorp release details of their AGM

17 Oct 2018 - Tabcorp (ASX:TAH) reported a statutory profit after tax of $28.7 million, impacted by significant items after tax of $217 million, principally associated with the Tat…

Boral sells US Block business for US$156 million

17 Oct 2018 - Building company Boral (ASX:BLD) today announced that it has agreed to sell its US Block business to Quikrete Holdings, Inc. for US$156 million.

Midway raises $3.15 million from SPP

17 Oct 2018 - Woodfibre company Midway (ASX:MWY) closed the offer period of its share purchase plan announced on Friday, 12 October 2018, raising approximately $3.15 million.

Highlands Pacific appoints new director

17 Oct 2018 - Highlands Pacific (ASX:HIG) has appointed Ernie Gangloff as a Non-Executive Director, replacing Bart Philemon, who has retired from the Board.

BHP sees iron ore output lift 8%

17 Oct 2018 - BHP (ASX:BHP) saw its first quarter iron ore production rise eight per cent on the prior corresponding period.

BlueScope acquires an interest in Steel & Tube Holdings

17 Oct 2018 - BlueScope Steel (ASX:BSL) today announced that its wholly owned subsidiary New Zealand Steel has acquired approximately 15.8 per cent of the shares in Steel & Tube Ho…

US stocks rally: ASX set to open higher

17 Oct 2018 - The climb continues as Australian shares are set to see a rise this morning after a rally in Europe and Wall Street overnight. Technology stocks extended. Stocks in H…

Oventus Medical's (ASX:OVN) entry into the US

17 Oct 2018 - Oventus Medical Limited (ASX:OVN) founder, Managing Director and CEO, Dr Chris Hart discusses the company's sales push into the US, new product development and change…

Caltex CFO to retire

16 Oct 2018 - Caltex Australia (ASX:CTX) has today announced the retirement of Simon Hepworth as Chief Financial Officer of Caltex.

Orora see 12% rise in NPAT

16 Oct 2018 - Packaging company Orora (ASX:ORA) released their figures for financial year 2018 – Net profit after tax was 12 per cent higher at $208.6 million.

Race Oncology (ASX:RAC) leukemia drug candidate update

16 Oct 2018 - Race Oncology (ASX:RAC) CEO, Peter Molloy talks about its Investigational New Drug (IND) Application with the U.S. FDA for its leukemia drug candidate Bisantrene.

Rio Tinto see a drop in iron ore shipments

16 Oct 2018 - Rio Tinto (ASX:RIO) has seen a drop in their Pilbara iron ore shipments for their third quarter.

Downer EDI company secretary resigns

16 Oct 2018 - Infrastructure services company, Downer EDI (ASX:DOW) has announced the resignation of Peter Tompkins as Company Secretary.

NAB sees $314m for customer compensation

16 Oct 2018 - National Australia Bank (ASX:NAB) today announced additional costs of $314 million after tax in connection with its customer remediation program.

Unibail-Rodamco-Westfield to sell Paris skyscraper

16 Oct 2018 - Unibail-Rodamco-Westfield (ASX:URW) has entered into an agreement with Singapore’s sovereign wealth fund GIC for the sale of Tour Ariane in La Défense.

Trump threatens more China tariffs: The ASX set to open flat

16 Oct 2018 - The ASX looks set to open flat this morning after a disappointing performance yesterday. In the US tech stocks dropped with the NASDAQ seeing heavy losses. Netflix, A…

Asia follows with declines: ASX closes 0.99% lower

15 Oct 2018 - Today we saw the ASX end the session almost 1% lower due to a dip before the close. A weaker housing market sees real estate advertising companies down. Asia saw decl…

Week ends on a mildly positive note: ASX closes 0.2% higher

12 Oct 2018 - The ASX ended the week slightly higher after heavy losses yesterday. Resolute mining (ASX:RSG) and Afterpay Touch (ASX:APT) are on the up. Media companies struggled t…

NEXTDC acquires 97% interest in APDC

12 Oct 2018 - Data centre operator, NEXTDC (ASX:NXT), is pleased to advise that it now has a relevant interest in 97 per cent of the stapled securities of Asia Pacific Data Centre …

Aurizon sells Queensland Intermodal business to Linfox

12 Oct 2018 - Rail company Aurizon (ASX:AZJ) has sold its Queensland Intermodal business to Linfox for $7.3 million.

Mayne Pharma report net loss after tax of $134m

12 Oct 2018 - Pharmaceutical company Mayne Pharma (ASX:MYX) reported financial year 2018 revenue of $530 million, adjusted EBITDA of $165 million and reported a net loss after tax …

Mesoblast join with Tasly for China deal

12 Oct 2018 - Regenerative medicine comapny Mesoblast (ASX:MSB) today announced completion of the transaction with Tasly Pharmaceutical Group to establish a strategic partnership i…

Sales are up for adventure company Kathmandu

12 Oct 2018 - Camping and adventure store Kathmandu (ASX:KMD) has released their annual report for 2018 showing NPAT is up 32.9 per cent to $50.5m from $38.0m at the same correspon…

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