Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

US stocks slump on Jerome Powell's remarks: ASX poised to open lower

14 May 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. The slump on Wall Street came after Federal Reserve chair Jerome Powell warn…

CBA (ASX:CBA) helped the market surge towards the close: ASX closed 0.4% higher

13 May 2020 - It has been a struggle of a day for the ASX after dropping at the open, it manage to gain closing 0.4% higher. Pilbara Minerals (ASX:PLS) shares did well today as did…

Annual wage growth slow pre-coronavirus restrictions: The ASX is tracking 0.9% lower

13 May 2020 - The ASX dropped at the open as investors evaluate the risk of opening up the economy. It is now tracking almost 0.9 per cent lower at noon. Pilbara Minerals (ASX:PLS)…

Eclipx Group (ASX:ECX) see a lift in H1 earnings

13 May 2020 - Vehicle fleet leasing company Eclipx Group (ASX:ECX) today reported its first half results for the six months ended 31 March 2020 showing statutory net profit after t…

Sigma Healthcare (AXS:SIG) revenue up 30% in first three months

13 May 2020 - Sigma Healthcare (AXS:SIG) reports their wholesale sales have been accelerated by the Covid-19 volume growth.

CBA (ASX:CBA) to sell stake in Colonial First State

13 May 2020 - The Commonwealth Bank of Australia (ASX:CBA) has entered into an agreement to sell a 55 per cent interest in Colonial First State to KKR, a global investment firm.

Bapcor (ASX:BAP) set to welcome new CFO and company secretary

13 May 2020 - Bapcor (ASX:BAP) has appointed ex-Toll Group and Treasury Wines Estates Chief Financial Officer Noel Meehan as new CFO and Company secretary.

Dr Fauci warns of 'real risk' if businesses open too soon: ASX poised to open lower

13 May 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. Wall Street saw stocks fall sharply yesterday after some recent strong gains. Inve…

Elixinol Global (ASX:EXL) new focus, capital raising

13 May 2020 - Elixinol Global (ASX:EXL) CEO, Oliver Horn talks about its strategy to create a global nutraceuticals brand, with a focus on higher margin, consumer branded product…

The CEO and MD of New Hope Corporation (ASX:NHC) announces his retirement

12 May 2020 - CEO and Managing Director of New Hope Corporation (ASX:NHC) Shane Stephan has announced his retirement for this August.

Brett Blundy resigns as non-exec director of the Accent Group (ASX:AX1)

12 May 2020 - Footwear retailer the Accent Group (ASX:AX1) reports that today Brett Blundy has resigned as a non-executive director.

Premier Investments (ASX:PMV) to open stores on Friday

12 May 2020 - Premier Investments (ASX:PMV) is to reopen the rest of its Australian stores on Friday, excluding airports and some CBD stores.

Kogan.com (ASX:KGN) sees active customers grow 1.948 million

12 May 2020 - Online retailer Kogan.com (ASX:KGN) provided a business update today showing Active Customers grew to 1.948 million over April due to the stay-at-home economy.

Oil prices drop as Saudi cuts output: ASX poised to open lower

12 May 2020 - US markets saw rises in health and technology yesterday, but the ASX looks set to open lower this morning. The Dow Jones Industrial Average fell as the Nasdaq rose fo…

BHP (ASX:BHP) has appointed two new independent non-executive directors

07 May 2020 - BHP (ASX:BHP) has appointed two new independent non-executive directors - Dion Weisler and Xiaoqun Clever.

CSL (ASX:CSL) prices a new $1.7 billion private placement

07 May 2020 - CSL (ASX:CSL) has announced a new $US750 million ($1.17 billion) private placement.

Oceania Healthcare (ASX:OCA) report no COVID-19 cases at their facilities

07 May 2020 - Aged care homes operator Oceania Healthcare (ASX:OCA) has reported that no COVID-19 have been recorded in their facilities.

G8 Educations (ASX:GEM) CEO and MD takes a pay cut

07 May 2020 - G8 Education’s (ASX:GEM) CEO and Managing Director Mr Gary Carroll has taken a pay cut.

JobKeeper payments set to cover around 4.7m employees: ASX poised to open lower

07 May 2020 - Following mixed leads from US markets, the ASX looks set to open lower this morning. The S&P 500 and Dow Jones Industrial Average indexes closed lower, while IT and c…

A late rally boosts the market, but not enough: ASX closed 0.4% lower

06 May 2020 - The ASX failed to rise into positive territory today closing 0.4% lower. Nearmap (ASX:NEA) shares are on the rise as are Appen (ASX:APX). Shares in National Storage R…

Retail turnover rises 8.5% in March: ASX 1.1% lower at noon

06 May 2020 - The ASX dropped at the open and is now tracking 1.1% lower at noon. Nearmap (ASX:NEA) shares are on the rise as are Domain Holdings (ASX:DHG). The Australian dollar h…

Mesoblast (ASX:MSB) dose first COVID-19 patients in Phase 2/3 trial

06 May 2020 - Mesoblast (ASX:MSB) today announced that the first patients have been dosed in the 300-patient randomized placebo-controlled Phase 2/3 trial in the United States of M…

ResApp Health (ASX:RAP) receives final design for devices

06 May 2020 - Digital health company ResApp Health (ASX:RAP) has received a set of final design files, reports and supporting documents for the handheld and wearable devices under …

Bubs Australia (ASX:BUB) signs supply agreement with Coles

06 May 2020 - Bubs Australia (ASX:BUB) has entered a new supply agreement with Coles Supermarkets for their Bubs Organic Grass Fed Infant Formula.

Vicinity Centres (ASX:VCX) increases Moving Annual Turnover

06 May 2020 - Vicinity Centres (ASX:VCX) has increased its moving annual turnover during the March quarter by 1.6 per cent despite sales during the month of March declining.

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