Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Record bull run for the S&P500: ASX to open higher

23 Aug 2018 - Following on from mixed leads from US markets, the ASX looks set to open higher this morning. The S&P 500 has shown its longest bull market run. Wesfarmers (ASX:WES) …

Mesoblast (ASX:MSB) talks disruptive cellular medicines

22 Aug 2018 - Mesoblast Limited (ASX:MSB) Head, Business Development and Licensing, David Oxley, discusses the company's Phase 3 trials, its agreement with Tasly China and the near…

Reporting season takes its toll: ASX slips 0.45 per cent

22 Aug 2018 - Despite fresh record highs on Wall Street, the ASX slipped about half a per cent with local reporting season taking its toll. Telcos are seeing the most growth after …

Charter Hall profits fall as Folkestone buy proposed

22 Aug 2018 - Property group Charter Hall (ASX:CHC) has posted a 2.9 per cent fall in after tax profit for the full year to $250.2 million.

WorleyParsons profit up 86% on last years

22 Aug 2018 - Professional services company WorleyParsons (ASX:WOR) saw a statutory net profit after tax (NPAT) of $62.2 million for the year ended 30 June 2018, that’s an 85.7 per…

Carsales.com profit up 69 per cent

22 Aug 2018 - Carsales.com (ASX:CAR) has seen a full year net profit of $185 million, up 69 per cent on the same period last year where it stood at $110 million.

Coca-Cola Amatil profit up 13 per cent

22 Aug 2018 - Coca-Cola Amatil (ASX:CCL) today reported its half year results for 2018, delivering a statutory net profit after tax (NPAT) of $158.1 million up 12.8 per cent on the…

a2 Milk annual net profit surges 116%

22 Aug 2018 - The a2 Milk Company (ASX:A2M) saw its net profit hit NZ$195.7 million that’s 116 per cent up from the prior corresponding period.

Lendlease profit up 4.5 per cent

22 Aug 2018 - Lendlease (ASX:LLC) has reported a profit after tax of $792.8 million for the full year, that’s up 4.5 per cent, up from $758.6 million for the same period last year.

S&P 500 sees new high: ASX to open lower

22 Aug 2018 - Australian shares were set to open lower today despite the S&P 500 in New York hitting an all time high yesterday and equalled its longest ever bull-market run. Immut…

PNG February quake hits Oil Search profits

21 Aug 2018 - Oil and gas company Oil Search (ASX:OSH) have seen a fall in their first-half profits of 39 per cent to US$79.2.

Bingo Industries wants to buy Dial A Dump

21 Aug 2018 - Waste management company Bingo Industries (ASX:BIN) saw net profit for the full year rise 91.6 per cent to $38 million from $19.8 million on the prior corresponding p…

Super Retail Group profit up 26%

21 Aug 2018 - Super Retail Group (ASX:SUL) today announced net profit after tax attributable to owners for the year to 30 June 2018 of $128.3 million, a rise of 26 per cent from $1…

Amcor full year profit rises 21%

21 Aug 2018 - Packaging company Amcor (ASX:AMC) saw its full-year net profit rise 21.3 per cent to $US724 million.

Centuria Metropolitan REIT (ASX:CMA) talks FY18 results & outlook

21 Aug 2018 - Centuria Metropolitan REIT Limited (ASX:CMA) Acting Fund Manager, Doug Hoskins, talks FY18 results, portfolio metrics and trends.

Centuria Industrial REIT (ASX:CIP) talks FY18 results & outlook

21 Aug 2018 - Centuria Industrial REIT Limited (ASX:CIP) Fund Manager, Ross Lees talks FY18 results, portfolio metrics and trends.

BHP Billiton net profit falls 37%

21 Aug 2018 - Mining juggernaut BHP Billiton (ASX:BHP) saw its full year net profit drop 37 per cent to US$3.71 billion from US$5.9 billion on the same corresponding period last ye…

Seven West Media swings into profit

21 Aug 2018 - Media company Seven West Media (ASX:SWM) has reported a net profit of $135.8 million for the year ended June 30.

Genex Power (ASX:GNX) - renewable energy hub developer

21 Aug 2018 - Genex Power Limited (ASX:GNX) Executive Director, Simon Kidston talks about the company's renewable energy hub in FNQ, delivering power to the National Energy Market …

Gains in Europe and Asia: ASX to open flat

21 Aug 2018 - Australian shares are set to open flat this morning as Wall St rose as investors held onto hopes for an ease in the US-China trade war. Tawana Resources (ASX:TAW) has…

Consumer staples drag market: ASX is 0.1% higher at noon

20 Aug 2018 - The ASX market opened higher this morning but is being dragged by consumer staples - flat at noon. The iron ore price rose. Primary Health Care (ASX:PRY) today announ…

Vet company Greencross shares leap despite net profit down

20 Aug 2018 - Vet and pet care specialist Greencross (ASX:GXL) has seen a dip in full-year net profit as a result of writedowns but underlying sales have improved.

Beach Energy sees sales revenue of $1.25 billion

20 Aug 2018 - Beach Energy (ASX:BPT) has seen their net profit after tax of $199 million fall down 49 per cent on the corresponding period, impacted by exploration asset impairment…

Ansell profit soars after condom sale

20 Aug 2018 - Protective glove company Ansell (ASX:ANN) has reported its net profit jumped to US$484.3 million in the year to June 30 from US$147.7 million in the previous year.

nib profit up 11%, dividend up 5.3%

20 Aug 2018 - Health insurer nib Holdings (ASX:NHF) saw a 11.1 per cent rise in net profit after tax to $133.5 million.

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