Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

US stimulus hopes boost markets: ASX closes 0.1% higher

21 Oct 2020 - The ASX rose at the open and managed to close the day 0.1% higher. Shares in Orora (ASX:ORA) are up as they report their first quarter US earnings are doing well. Sha…

Retail sales have fallen 1.5% in September: ASX tracking 0.1% higher at noon

21 Oct 2020 - The ASX rose at the open and is now tracking 0.1% higher at noon. Shares in Orora (ASX:ORA) are up as they report their first quarter US earnings are doing well. Shar…

No final dividend payout from MyState (ASX:MYS)

21 Oct 2020 - Tasmania-based financial group MyState (ASX:MYS) recorded statutory net profit after tax of $30 million compared with $31 million in the previous year.

Megaport (ASX:MP1) report quarterly growth in customers and ports

21 Oct 2020 - Megaport (ASX:MP1) reports record quarterly growth in both customers, up 7 per cent and Ports, up 10 per cent in 1Q FY21, driven by strong demand in North America.

Temple and Webster (ASX:TPW) report revenue up 138%

21 Oct 2020 - Online homewares store Temple and Webster (ASX:TPW) record full year revenue of $176.3 million up 74 per cent on the year before.

Dexus (ASX:DXS) report office occupancy slightly reduced in September quarter

21 Oct 2020 - Dexus (ASX:DXS) reports a fall in occupany in its industrial and office porfolios through the September quarter although it says rent collection is still remaining hi…

Recession sees rise in jobs for young workers: ASX poised to open higher

21 Oct 2020 - The ASX looks set to open higher as Trump pushes for a comprehensive Covid-19 relief package for the US, saying he would accept a deal worth more than $2.2 trillion. …

Business deals hit the markets: ASX closed 0.5% higher

12 Oct 2020 - The ASX saw a sixth day of gains closing 0.5% higher. Shares in Link Adminstration (ASX:LNK) were a stand out today as they soared over 25% after a bid from Carlyle a…

Market moves on new deals: ASX tracking 0.2% lower at noon

12 Oct 2020 - The ASX dropped at the open, made some gains in early trade on news of new deals and is now tracking 0.2% lower at noon. Shares in Link Administration (ASX:LNK) are o…

Link Administration Holdings (ASX:LNK) in proposal to acquire Link group

12 Oct 2020 - Link Administration Holdings (ASX:LNK) has received a conditional, nonbinding indicative proposal from a consortium with Pacific Equity Partners, Carlyle Group and th…

CSR Limited (ASX:CSR) to sell Horsley Park land for $84.3 million

12 Oct 2020 - CSR Limited (ASX:CSR) today announced the sale of 8.6 hectares of the third tranche of land at Horsley Park, NSW for total proceeds of $84.3 million.

Bravura Solutions (ASX:BVS) acquires Delta Financial Systems

12 Oct 2020 - Bravura Solutions (ASX:BVS) has bought UK software company Delta for $41.5 million.

Bapcor (ASX:BAP) see revenue rise 27% in first quarter

12 Oct 2020 - Automotive parts, accessories company Bapcor (ASX:BAP) report revenue is up 27 per cent in the first quarter despite the lockdowns in Victoria and Auckland.

Donald Trump says he is 'Covid-free' and 'immune': ASX to open lower

12 Oct 2020 - The ASX looks set to open lower this morning despite Wall Street closing higher on hopes of a fresh stimulus package. New cases of coronavirus are surging in US state…

Noxopharm (ASX:NOX) announces first COVID-19 patient treated in Veyonda study

09 Oct 2020 - Noxopharm Limited (ASX:NOX) Chief Medical Officer Dr Gisela Mautner provides an update on the company's lead drug candidate Veyonda in its DARRT program and discusses…

Pay Now, Pay Later stocks performed well today: ASX closed 1.1% higher

08 Oct 2020 - It has been a positive day of trade for the ASX closing on a high for the fourth consecutive session. The local bourse managed to close 1.1% higher. Tech stocks perfo…

Banks and miners strengthen the market: ASX tracking 1.1% higher at noon

08 Oct 2020 - The ASX rose at the open and is now tracking 1.1% higher at noon. Buy Now Pay Later shares are doing well today, shares in Zip (ASX:Z1P) rose over 9%. Meanwhile, Inge…

Transurban (ASX:TCL) report traffic is down 25% in September quarter

08 Oct 2020 - Transurban (ASX:TCL) shows average daily traffic for the September quarter decreased by 25.2 per cent.

Bigtincan Holdings (ASX:BTH) acquires Danish company, Agnitio

08 Oct 2020 - Bigtincan Holdings (ASX:BTH) has entered into a binding Share Sale and Purchase Agreement with Agnitio, a Danish company.

Sezzle Inc. (ASX:SZL) posts record quarter

08 Oct 2020 - Installment payment platform Sezzle Inc. (ASX:SZL) reports record third quarter 2020 results with underlying merchant sales increasing 231.5 per cent year on year to …

CSL (ASX:CSL) signs Covid-19 agreement with government

08 Oct 2020 - CSL (ASX:CSL) subsidiary, Seqirus, has signed a final agreement with the Commonwealth of Australia for the supply of 51 million doses of the University of Queensland-…

Trump back in the Oval Office despite Covid-19: ASX poised to open higher

08 Oct 2020 - The ASX looks set to open higher this morning as the S&P 500, the Dow and the Nasdaq all closed higher as optimism surrounding the next stimulus in the US continues. …

Stage 2 tax cuts expected from tonight's budget: ASX closes 0.4% higher

06 Oct 2020 - After a struggle in mid-morning trade, the ASX managed to close 0.4% higher. Shares soared for both Northern Star Resources (ASX:NST) and Saracen Mineral Holdings (AS…

Shares in Northern Star (ASX:NST) and Saracen (ASX:SAR) soar on merger reveal: ASX tracking 0.1% lower at noon

06 Oct 2020 - The ASX dropped at the open and is now tracking 0.1% lower at noon. It’s no surprise that Northern Star Resources (ASX:NST) shares are on the rise today after the ann…

BHP (ASX:BHP) in $701 million Shenzi deal

06 Oct 2020 - BHP (ASX:BHP) has signed to acquire an additional 28 per cent working interest in Shenzi, a six-lease development in the deepwater Gulf of Mexico.

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