Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

MYOB Group no longer pursuing the acquisition of Reckon

31 May 2018 - Accounting software provider MYOB Group (ASX:MYO) will no longer pursue the acquisition of Reckon’s Accountant Group (ASX:RKN) assets.

Financials continue to slide : Aus shares close 29 points lower

30 May 2018 - Australian shares closed lower today - 29 per cent lower. That's the market's lowest close since April 30. Rio (ASX:RIO) is continuing its slide from yesterday, BHP (…

BluGlass (ASX:BLG) placement and SPP to expand capacity

30 May 2018 - BluGlass Limited (ASX:BLG) Managing Director, Giles Bourne talks about expansion plans for its Silverwater demonstration semi-conductor foundry, key collaborations wi…

Energy sector stocks fall: Aus shares close lower

28 May 2018 - The Australian share market struggled today finally closing lower. BHP Billiton (ASX:BHP) shares fell, leading the market losses. Gaming solutions company Aristocrat …

Oil prices continue to retreat: ASX opens 0.6% lower

28 May 2018 - The Australian share market opened lower following mixed leads from Wall Street and is now tracking 0.6 per cent lower at noon. The S&P/ASX 200 appears to be heading …

Wesfarmers pulls out of UK Bunnings

25 May 2018 - Wesfarmers (ASX:WES) has agreed to divest the Homebase business in the United Kingdom and Ireland to a company associated with Hilco Capital.

Additional Company Secretary for Macquarie Media

24 May 2018 - Macquarie Media (ASX:MRN) has announced the appointment of an additional Company Secretary, Karen Birner, the Interim Chief Financial Officer.

Ridley Corp trials new animal feed ingredient

25 May 2018 - Animal feed company Ridley Corporation (ASX:RIC) has appointed Investec to explore options to accelerate the growth of NovacqTM.

Charter Hall prices a $231.5m US Private Placement

25 May 2018 - Charter Hall Group (ASX:CHC) has priced a $231.5 million US Private Placement which will mature in August 2028.

Champion Iron sees first one million tonnes shipped

25 May 2018 - Quebec Iron Ore Inc., a Champion Iron (ASX:CIA) subsidiary, has produced and shipped its first one million tonnes of high-grade iron concentrate from its Bloom Lake I…

Spark cuts FY18 earnings guidance

25 May 2018 - Telecommunications major Spark New Zealand (ASX:SPK) says it expects its core earnings for fiscal 2018 to dip due to acceleration of the Quantum programme and associa…

US stocks closed lower: Aus shares poised to drop

25 May 2018 - In the US stocks rebounded slightly yesterday after early declines sparked by the cancellation of the US-North Korea summit as investors assessed the impact on trade …

Pantoro awaits approvals for ore development

24 May 2018 - Mining company Pantoro(ASX:PNR) has updated the indicated and inferred resource at its Wagtail underground mine.

New Executive Chairman for Isentia

24 May 2018 - Isentia Group (ASX:ISD) has announced a new Executive Chairman. Doug Snedden will take the role effective immediately.

Major staff movements across Myer

24 May 2018 - Department store Myer (ASX:MYR) has announced that Richard Amos, Chief General Counsel and Company Secretary, has resigned and will leave the business at the end of J…

Sir Frank Lowy talks Unibail

24 May 2018 - Sir Frank Lowy of Westfield Corporation (ASX:WFD) held a meeting with members to talk about the merger proposal with Unibail–Rodamco this morning.

Reliance Worldwide buys UK’s John Guest for $1.2b

24 May 2018 - Reliance Worldwide Corporation (ASX:RWC) announced today that it has entered into an unconditional agreement to acquire all the issued shares of UK based global fitti…

Orocobre see Lithium increase in Cauchari

24 May 2018 - Orocobre (ASX:ORE) has updated resource estimate for the Company’s Cauchari Joint Venture Project in Argentina based on the Phase II drilling results.

OncoSil Medical (ASX:OSL) EU commercialisation plans

24 May 2018 - OncoSil Medical Limited (ASX:OSL) Managing Director & CEO, Daniel Kenny provides an update on the company's EU commercialsation plans, including its CE Mark Certifica…

Wall St rebound: Aus shares to open lower

24 May 2018 - Australian shares are set to open lower this morning – despite a rebound on Wall Street in the wake of the May Federal Reserve’s meeting minutes. Oil dropped after an…

Banks drag market down: Aus shares 0.7 % lower

22 May 2018 - The Australian share market closed lower today with banks doing all the dragging. ANZ (ASX:ANZ) Westpac (ASX:WBC) the Commonwealth Bank (ASX:CBA) and NAB (ASX:NAB) al…

Lake Resources (ASX:LKE) Kachi Lithium Brine Project

21 May 2018 - Lake Resources Limited (ASX:LKE) Managing Director Steve Promnitz discusses the company's Kachi Lithium Brine Project’s in Argentina, drilling results and work plan f…

Godfreys Arcade takeover decision imminent

18 May 2018 - The biggest share holder of vacuum cleaner specialist Godfreys (ASX:GFY) Arcade Finance has offered 32 cents for each Godfreys share.

Westpac create position for corporate relations

18 May 2018 - Westpac (ASX:WBC) today announced the appointment of Carolyn McCann to the new position of Group Executive, Customer & Corporate Relations.

Appen value AI's potential at $5.8 trillion

18 May 2018 - A leading global provider of data for Artificial Intelligence, Appen (ASX:APX) values AI at $3.5 trillion to $5.8 trillion.

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