Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Record jump in US retail sales: ASX poised to open higher

17 Jun 2020 - The ASX looks set to open higher this morning. Stocks in the US rose yesterday as they saw a record jump in retail sales. Also, there were positive trial results from…

Best day for the market in two months: ASX closes 3.9% higher

16 Jun 2020 - It has been a positive day of trade for the ASX. The local bourse managed to close 3.9% higher. All the sectors ended the day in the green. Energy closed the day the …

Almost all 200 stocks made gains this morning: ASX tracking 3.2% higher at noon

16 Jun 2020 - The ASX shot up at the open and is now tracking almost 3.2% higher at noon. Almost all the top 200 stocks have made gains today. Viva Energy saw their shares rise tod…

Starpharma (ASX:SPL) launches VivaGel in Europe

16 Jun 2020 - Starpharma (ASX:SPL) today announced that VivaGel BV has been launched in Central and Eastern European region.

BetMakers Technology Group (ASX:BET) set to raise $35m to help expand into the US

16 Jun 2020 - BetMakers Technology Group (ASX:BET) is pleased to announce that it has received firm commitments to raise $35 million, before costs, by way of a placement to sophist…

MacMahon (ASX:MAH) keep EBITDA guidance

16 Jun 2020 - MacMahon (ASX:MAH) has stuck to guidance for full year EBITDA to land between $85 million to $95 million on sales between $1.3 billion to $1.4 billion.

Phoslock Environment Technologies (ASX:PET) slashes revenue guidance due to Covid-19

16 Jun 2020 - Phoslock Environment Technologies (ASX:PET) has slashed its short term forecasts to a range of $30 – 40 million for full year 2020.

Zelira Therapeutics (ASX:ZLD) developing clinically validated medicinal cannabis products

16 Jun 2020 - Zelira Therapeutics Limited (ASX:ZLD) Managing Director Ex USA, Dr Richard Hopkins talks about the company's pipeline of products in clinical development targeting in…

Apple earns US$500 billion from apps: ASX poised to open higher

16 Jun 2020 - Following a rise from US markets overnight, the ASX looks set to open higher this morning. US stocks jumped yesterday, recovering from earlier losses, as the Federal …

Tribeca Investment Partners, Special Opportunities Fund

15 Jun 2020 - Tribeca Special Opportunities Fund Portfolio Manager Karen Towle talks about the fund's skew to microcap stocks, valuations, and growth prospects.

Red finish: Aus shares closes 3.1% lower

11 Jun 2020 - After a small dip around lunchtime the local bourse managed to close 3.1 per cent lower. Travel companies took a hit today with shares in Webjet (ASX:WEB), Flight Cen…

The big four banks weigh on the market: ASX tracking 2% lower at noon

11 Jun 2020 - The Australian share market is now tracking 2 per cent lower at noon. Shares in Northern Star Resources (ASX:NST) and Silverlake Resources (ASX:SLR) are on the up tod…

IGO (ASX:IGO) to start ground activities in the West Kimberley JV

11 Jun 2020 - IGO’s (ASX:IGO) field program with Buxton Resources (ASX:BUX) for the West Kimberley JV 2020 field season is expected to commence with on ground activities in early J…

Nickel Mines (ASX:NIC) completion of retail entitlement offer

11 Jun 2020 - Nickel Mines (ASX:NIC) raised approximately $179 million at $0.50 per New Share in their institutional component of the Entitlement Offer.

MGM Wireless (ASX:MWR) launching Seniors wearable device in June

11 Jun 2020 - MGM Wireless Limited (ASX:MWR) CEO, Mark Fortunatow talks about growth in the company's SPACETALK brand of wearables for kids, new product categories, distribution, a…

JB Hi-Fi (ASX:JBH) report strong sales growth in 2H20

11 Jun 2020 - JB Hi-Fi (ASX:JBH) and The Good Guys have seen strong sales growth in 2H20 as customers spend more time at home.

Kogan.com (ASX:KGN) completes $100 million institutional placement

11 Jun 2020 - Kogan.com (ASX:KGN) is pleased to announce the successful completion of its underwritten $100 million institutional placement at an offer price of $11.45 per new shar…

Fed Reserve keeps rates unchanged: ASX poised to open lower

11 Jun 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. Yesterday it closed higher for its seventh consecutive session, despite fall…

IPH's (ASX:IPH) AJ Park to acquire Baldwins Intellectual Property

10 Jun 2020 - IPH Limited (ASX:IPH) reports that subsidiary AJ Park has reached an agreement to acquire the New Zealand intellectual property firm Baldwins Intellectual Property.

The Johns Lyng Group (ASX:JLG) forecast revenue upgraded to $470 million

10 Jun 2020 - The Johns Lyng Group (ASX:JLG) has upgraded its forecast revenue to $470 million, which represents more than 40 per cent growth year-on year from FY19.

Kogan.com (ASX:KGN) launches $115 million capital raising

10 Jun 2020 - Retail and services company Kogan.com (ASX:KGN) is to undertake a fully underwritten placement of $100 million at an offer price of $11.45 per share.

Harvey Norman (ASX:HVN) to pay special dividend of 6 cents

06 Jun 2020 - Harvey Norman (ASX:HVN) will pay investors a fully franked special dividend of 6 cents per share.

Lepidico (ASX:LPD) sustainable lithium chemical from lepidolite

10 June 2020 - Lepidico Limited (ASX:LPD) Managing Director, Joe Walsh provides an update on the company's plans to transition its Phase 1 Project to development following the rece…

All time highs for big tech companies: ASX poised to open lower

10 Jun 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. Stocks regained US$21 trillion in value from a March low. The Nasdaq hit a n…

Market surpasses 6000-point level: ASX closed 2.4% higher

09 Jun 2020 - The ASX rose at the open and managed to close 2.4% higher. The banks gave the market a boost today. Virgin Money UK (ASX:VUK) and Credit Corp Group (ASX:CCP) shares d…

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