Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Morrison working to get Australia back in business: ASX poised to open lower

06 May 2020 - Despite positive leads from US markets, the ASX looks set to open lower. Prime Minister Scott Morrison spoke with state and territory leaders yesterday who agreed to …

Reserve Bank of Australia holds cash rate: ASX closed 1.6% higher

05 May 2020 - It has been a mostly positive day of trade for the ASX, the local bourse managed to close 1.6% higher. Shares in Collins Foods (ASX:CKF) lifted today after they repor…

Jobs fell by 7.5% between March 14 and April 18: ASX tracking 1.3% higher at noon

05 May 2020 - The Australian share market shot up at the open and continues to maintain momentum and is now tracking 1.3 per cent higher at noon. The Energy sector is topping the l…

National Storage REIT (ASX:NSR) looking to raise $330 million

05 May 2020 - National Storage REIT (ASX:NSR) is set to raise up to $330 million to strengthen its balance sheet, replenish investment capacity and provide additional funding flexi…

BrainChip Holdings (ASX:BRN) appoint Dr Simon Thorpe to Scientific Advisory Board

05 May 2020 - AI technology company BrainChip Holdings (ASX:BRN) has appointed Dr Simon J. Thorpe to its Scientific Advisor Board.

Qantas (ASX:QAN) to extend flight cancellations to July

05 May 2020 - Qantas (ASX:QAN) is extended flight cancellations for June and July but could restore some services at relatively short notice as restrictions lift.

Kathmandu Holdings (ASX:KMD) see a surge in online sales for April

05 May 2020 - Kathmandu Holdings (ASX:KMD) have seen a surge in online sales and digital engagement during the month of April.

Investors await RBA statement: ASX to open higher

05 May 2020 - Following a buying spree from US markets, the ASX looks set to open higher this morning. Crude oil gained for a fourth consecutive day. Stocks were lower during much …

Trump looks to relaunch trade battle with China: ASX poised to open lower

04 May 2020 - The ASX looks set to open lower this morning as tensions once again increase between China and the US. Trump has mentioned tariffs for China as a renewed trade war se…

ANZ suspends dividend as profit plunges: ASX poised to open higher

30 Apr 2020 - The ASX looks set to open higher this morning. US markets ended higher as Trump says he wants the FDA to move “as quickly as they can” to approve the antiviral drug r…

AUD rises to almost pre-coronavirus levels: ASX closes 1.5% higher

29 Apr 2020 - It has been a positive day of trade for the ASX the local bourse managed to close 1.5% higher. Shares in supermarket Coles (ASX:COL) are down despite growing supermar…

Consumer Price Index rose 0.3% in the March 2020 quarter: ASX 1.1% higher at noon

29 Apr 2020 - The ASX shot up in mid morning trade and is now tracking almost 1.1% higher at noon. Shares in casino operator Crown Resorts (ASX:CWN) rose today after US company The…

Blackstone buys 10% stake in Crown Resorts (ASX:CWN)

29 Apr 2020 - Casino operator Crown Resorts (ASX:CWN) has been informed that an entity owned by funds managed or advised The Blackstone Group Inc. and its affiliates has purchased …

Ramsay Health Care (ASX:RHC) signs deal with Victoria

29 Apr 2020 - Ramsay Health Care (ASX:RHC) confirms that it has finalised the comprehensive agreement with the State of Victoria to make its facilities and services available durin…

Immutep (ASX:IMM) completes $12 million placement

29 Apr 2020 - Biotech company Immutep (ASX:IMM) has today successfully completed a $12 million placement to professional, institutional and sophisticated investors.

Coles (ASX:COL) supermarket sales grow 13% in the quarter

29 Apr 2020 - Coles (ASX:COL) supermarket sales have soared in the third quarter.

Starbucks shares take a dive despite sales in China improving: ASX set to open higher

29 Apr 2020 - Despite weak leads from US markets, the ASX looks set to open higher this morning. Starbucks Corp. shares fell yesterday after the company missed earnings expectation…

BrainChip Holdings (ASX:BRN) neuromorphic computing

28 Apr 2020 - BrainChip Holdings (ASX:BRN BrainChip Holdings (ASX:BRN) CEO Lou DiNardo talks about its Akida integrated circuit, its advantages in event-based convolutional (e-conv…

National Australia Bank (ASX:NAB) completes $3 billion institutional placement

28 Apr 2020 - National Australia Bank (ASX:NAB) has today successfully completed $3 billion fully underwritten institutional placement that was announced yesterday.

Lendlease (ASX:LLC) to raise $950 million via insitutional placement

28 Apr 2020 - Lendlease (ASX:LLC) today announced an equity raising to strengthen balance sheet looking to raise $950 million.

Select Harvests (ASX:SHV) report 97% of orchards have been harvested

28 Apr 2020 - Select Harvests (ASX:SHV) report that 97 per cent of their orchards have been harvested and that 90 per cent of the crop was harvested in near perfect conditions.

Westpac (ASX:WBC) report $2.2b first half 2020 impairment

28 Apr 2020 - Westpac (ASX:WBC) today announced that impairment charges in its First Half 2020 (1H20) result are expected to be $2.2 billion pre-tax.

Optimism grows as global economies look to reopen: ASX set to open higher

28 Apr 2020 - The ASX looks set to open higher as optimism grows that global economies are beginning to look to reopening following on from the coronavirus crisis. In the US Boeing…

The only sector to make losses today was the Financial sector: ASX closed 1.5% higher

27 Apr 2020 - After a rocky start it has been a mostly positive day of trade for the ASX, the local bourse managed to close 1.5% higher. Shares in Domain Holdings (ASX:DHG) closed …

Victoria remains Australia's strongest performing economy: ASX tracking 0.4% higher at noon

27 Apr 2020 - The ASX has been on a rollercoaster in the first few hours of trade rising and dipping to now be tracking almost 0.4% higher at noon. Ord Minnett rates Carsales.com (…

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