Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

First Graphene (ASX:FGR) completes capital raising

09 Jun 2020 - First Graphene Limited (ASX:FGR) Non-Executive Chairman Warwick Grigor talks about graphene-enhanced products, the company's capital raising and its focus on the mini…

Business conditions rise in May: ASX tracking 2.4% higher at noon

09 Jun 2020 - The ASX shot up at the open and is now tracking almost 2.4 per cent higher at noon. The banks are boosting the market today. The NAB (ASX:NAB), Westpac (ASX:WBC) and …

UAC Energy increases stake in Infigen Energy (ASX:IFN)

09 Jun 2020 - UAC Energy released a bidders statement today increasing its stake in Infigen Energy (ASX:IFN) urging shareholders to accept its 80 cent stapled security offer.

First Graphene (ASX:FGR) joins EU graphene flagship as an associate member

09 Jun 2020 - Advanced materials company, First Graphene (ASX:FGR) has been accepted as an Associate Member of the EU Graphene Flagship.

Collins Foods (ASX:CKF) appoint Drew O'Malley as CEO

09 Jun 2020 - Collins Foods (ASX:CKF) has appointed Drew O'Malley as CEO of the Group effective from 1 July 2020.

CSL (ASX:CSL) to acquire biotech company Vitaeris

09 Jun 2020 - CSL (ASX:CSL) has agreed to exercise its right to acquire Vitaeris Inc in an acquisition cost described as modest, with additional R&D expenses in financial 2021 betw…

AUD leaps up over 70 US cents: ASX poised to open higher

09 Jun 2020 - Following an extended rally from US markets overnight, the ASX looks set to open higher this morning. The Nasdaq rose to a record high, and Boeing Co. led gains in th…

Fourth consecutive day of gains: ASX closes 0.8% higher

04 Jun 2020 - It has been a positive day of trade for the Australian share market hitting four consecutive days of gains. With a sell off around lunchtime the local bourse managed …

Retail sales slumped 17.7% in April: ASX tracking 0.4% higher at noon

04 Jun 2020 - The ASX shot up at the open and is now tracking 0.4% higher at noon. Shares in Unibail-Rodamco-Westfield (ASX:URW) are on the up as shopping restrictions in Europe ea…

Evolution Mining (ASX:EVN) is to divest Cracow gold mine for $125 million

04 Jun 2020 - Evolution Mining (ASX:EVN) has entered into a binding agreement with Aeris Resources (ASX:AIS) to sell the Cracow gold mine in Queensland for a total consideration of…

Syncrude Canada has awarded Worley (ASX:WOR) a services agreement

04 Jun 2020 - Syncrude Canada has awarded Worley (ASX:WOR) a services agreement for its Canadian hydrocarbon facilities.

Splitit Payments (ASX:SPT) see strong growth throughout May

04 Jun 2020 - Splitit Payments (ASX:SPT) record monthly Merchant Sales Volume of US$25.8 million in May, up 321 per cent compared to May 2019 and up 39 per cent compared to April …

Dexus (ASX:DXS) completes 50% interest in Rialto Towers

04 Jun 2020 - Dexus (ASX:DXS) has settled the acquisition of a 50 per cent interest in Rialto Towers, Melbourne on behalf of a Joint Venture with GIC.

Australia poised for recession: ASX set to open higher

04 Jun 2020 - Following a broad rally from US markets overnight, the ASX looks set to open higher this morning. If the GDP continues to fall in the next quarter Australia will ente…

Banks lead the advance in catch-up rally: ASX closed 1.8% higher

03 Jun 2020 - It has been a positive day of trade for the ASX after a rise at the open the local bourse managed to gain momentum closing 1.8% higher. Banks blostered the market tod…

Gross Domestic Product fell 0.3% in the March quarter: ASX tracking 0.9% higher at noon

03 Jun 2020 - The ASX shot up at the open and is now tracking almost 0.9% higher at noon. Banks are performing well so far this morning following GDP and building approvals data fr…

Perseus Mining (ASX:PRU) to acquire Exore Resources

03 Jun 2020 - Perseus Mining (ASX:PRU) will acquire junior Exore Resources in a $64 million all scrip deal.

Air New Zealand (ASX:AIZ) carried just 15 passengers in April

03 Jun 2020 - Air New Zealand (ASX:AIZ) carried a total of 15 passengers in April, 98.9 per cent fewer than usual.

AUD jumps 1.5% against the USD: ASX poised to open higher

03 Jun 2020 - Following gains from US markets overnight, the ASX looks set to open higher this morning. Around the world stock markets have hit their highest levels since March as …

RBA keeps interest rates on hold at 0.25%: ASX closes 0.3% higher

02 Jun 2020 - It has been an up and down day of trade for the Australian share market, which closed 0.3 per cent higher. Shopping centre company Unibail-Rodamco-Westfield saw their…

Australia records another current account surplus: ASX tracking 0.1% lower at noon

02 Jun 2020 - The ASX saw a bit of a rollercoaster ride this morning, dipping again in mid morning trade to now be tracking 0.1% lower at noon. Shares in Vicinity Centres (ASX:VCX)…

AVITA Medical (ASX:AVH) files RECELL application with FDA

02 Jun 2020 - AVITA Medical (ASX:AVH) has submitted an Investigational Device Exemption (IDE) supplement with the US Food and Drug Administration (FDA) for a clinical trial to inve…

Vicinity Centres (ASX:VCX) completes $1.2b placement

02 Jun 2020 - Vicinity Centres (ASX:VCX) has successfully completed a fully underwritten placement of fully paid new stapled securities to institutional and professional investors,…

Iress (ASX:IRE) completes $150 million placement

02 Jun 2020 - Iress (ASX:IRE) has successfully completed a $150 million fully underwritten placement of approximately 14.4 million new fully paid ordinary shares to institutional a…

ANZ (ASX:ANZ) announce sale of UDC Finance

02 Jun 2020 - ANZ (ASX:ANZ) it has agreed to sell its asset finance business in New Zealand, UDC Finance, for NZ$762 million that’s $706 million Australian to Shinsei Bank.

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