Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

RBA suggest pushing rates towards 0%: ASX tracking 0.9% lower at noon

22 Sep 2020 - The ASX dropped at the open and is now tracking 0.9% lower at noon. Shares in Collins Foods (ASX:CKF) did well today leading the pack as Virgin Money (ASX:VUK) shares…

Tabcorp Holdings (ASX:TAH) work towards the sale of Jumbo shareholding

22 Sep 2020 - Tabcorp Holdings (ASX:TAH) is moving forward with their announcement yesterday to sell its 11.6 per cent interest in Jumbo Interactive (ASX:JIN).

Genex Power (ASX:GNX) secures agreement for Queensland's first large-scale battery story project

22 Sep 2020 - Genex Power (ASX:GNX) has secured an agreement with Powerlink to access land for Queensland's first large-scale battery story project.

Uncertainty over US stimulus sinks stocks: ASX poised to open lower

22 Sep 2020 - The ASX looks set to open lower this morning after a sharp sell-off in the US. There’s concern over the lack of certainty over plans for the fiscal stimulus to suppor…

Macmahon Holdings (ASX:MAH) is the preferred contractor for Warrawoona Gold Project

17 Sep 2020 - Macmahon Holdings (ASX:MAH) has been selected by Calidus Resources (ASX:CAI) as the preferred mining contractor for the Warrawoona gold project in Western Australia.

Mincor Resources NL (ASX:MCR) approve the Kambalda development

17 Sep 2020 - Mincor Resources NL (ASX:MCR) Board has approved the development of its 100 per cent-owned Kambalda Nickel Operations in Western Australia.

Splitit Payments (ASX:SPT) launch a new product with QuickFee (ASX:QFE)

17 Sep 2020 - QuickFee (ASX:QFE) has launched a new interest free product, in partnership with Splitit Payments (ASX:SPT).

AngloGold Ashanti (ASX:AGG) reports that Boston Shaker mine achieves commercial production

17 Sep 2020 - AngloGold Ashanti (ASX:AGG) in conjunction with its joint venture partner IGO Ltd, is pleased to announce that commercial production has been declared at the Boston S…

Fed Reserve set to keep rates at near zero: ASX poised to open lower

17 Sep 2020 - The ASX looks set to open lower this morning as stocks in the US fell after a tech sell-off and Federal Reserve Chairman Jerome Powell vows to keep rates near zero fo…

Seek (ASX:SEK) shares surge on talks around its Chinese platform: ASX closed 1% higher

16 Sep 2020 - It has been a positive day of trade for the ASX after a small dip around lunchtime the local bourse managed to closed 1% higher. Shares in Seek (ASX:SEK) closed over …

Westpac-MI leading index improves in August: ASX tracking 0.8% higher at noon

16 Sep 2020 - The ASX shot up at the open and is now tracking 0.8% higher at noon. Shares in employment company Seek (ASX:SEK) did well this morning rising over 8%, meanwhile share…

Emeco (ASX:EHL) complete refinance of US$180m of Notes

16 Sep 2020 - Emeco (ASX:EHL) has completed the refinance of US$180 million (A$247 million) of 2022 Notes with new notes maturing on 31 March 2024, eliminating the Company’s 2022 r…

Tabcorp Holdings (ASX:TAH) completes retail shortfall bookbuild

16 Sep 2020 - Tabcorp Holdings (ASX:TAH) has completed the retail shortfall bookbuild component of its underwritten 1 for 11 pro-rata accelerated renounceable entitlement offer.

Kogan.com (ASX:KGN) report the largest customer increase for August

16 Sep 2020 - Kogan.com (ASX:KGN) reports the largest monthly increase for August in the history of the company.

Decmil Group (ASX:DCG) wins $41 million iron bridge contract

16 Sep 2020 - Decmil Group (ASX:DCG) is pleased to announce that it has been awarded around $41 million contract for an iron bridge in the Pilbara region of Western Australia.

All eyes on Federal Reserve policy meeting later: ASX poised to open higher

16 Sep 2020 - Following positive leads from US markets, the ASX looks set to open higher this morning. There is a US Federal Reserve policy meeting later investors will be keen for…

Iberdrola Renewables offers 92 cents per Infigen (ASX:IFN) stapled security

15 Sep 2020 - Iberdrola Renewables Australia announced that its offer price of 92 cents per Infigen (ASX:IFN) Stapled Security in relation to its offmarket takeover offer is its be…

Mesoblast (ASX:MSB) wins Biotech award for Remestemcel-L

15 Sep 2020 - Mesoblast (ASX:MSB), today announced that its lead product candidate remestemcel-L has been selected as the winner of the Fierce Innovation Awards - Life Sciences Edi…

Pilbara Minerals (ASX:PLS) achieve financial close for US$110m debt facility

15 Sep 2020 - Pilbara Minerals (ASX:PLS) has completed and executed the finance documents supporting the senior secured US$110M Finance Facility with BNP Paribas and the Clean Ener…

Electro Optic Systems Holdings (ASX:EOS) secures two new weapons contracts

15 Sep 2020 - Electro Optic Systems Holdings (ASX:EOS) has secured two contracts totalling $4.25 million for the supply of R400 Remote Weapon Systems to a European NATO country.

Oracle's TikTok bid is under review: ASX to open lower

15 Sep 2020 - The ASX looks set to open lower this morning as US stocks closed higher on progress of a Covid-19 vaccine. AstraZeneca paused trials last week due to a potentially un…

PPK (ASX:PPK) reports Deakin Uni BNNT's found to be of highest purity

10 Sep 2020 - Deakin University, PPK’s (ASX:PPK) joint venture partner, reports a new study has revealed that Boron Nitride Nanotubes produced by BNNT Technology have the highest p…

APN Convenience Retail REIT (ASX:AQR) agrees to acquire Shell Bellevue

10 Sep 2020 - APN Convenience Retail REIT (ASX:AQR) is pleased to announce that it has agreed to acquire Shell Bellevue, WA for $6.15 million.

Nearmap (ASX:NEA) to raise $90 million

09 Sep 2020 - Nearmap (ASX:NEA) is aiming to raise $90 million via an institutional placement and subsequent share purchase plan to fund potential acquisitions and existing growth …

Charter Hall Group (ASX:CHC) to raise $70m for BP acquisition

10 Sep 2020 - Charter Hall Group (ASX:CHC) has extended its Partnership with global multinational corporation “BP” and are looking to buy into a portfolio of 70 petrol statios in N…

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