Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Orocobre (ASX:ORE) complete acquisition of Advantage Lithium

04 Apr 2020 - Orocobre (ASX:ORE) has acquired 100 per cent of the issued and outstanding shares of Advantage Lithium Corp.

US oil and gold take a hit: ASX poised to open steady

20 Apr 2020 - Following a rally from US markets, the ASX looks set to open steady this morning. The International Monetary Fund says the global economy is expected to shrink by 3% …

Australian lamb exports take-off for Abu Dhabi: ASX set for a fall

16 Apr 2020 - Wall Street saw a sell-off yesterday after economic data showed more companies were facing hard times due to the coronavirus pandemic. The ASX looks set to crash open…

IMF predicts a deep recession: ASX poised to open higher

15 Apr 2020 - The ASX looks set to open higher this morning. On Wall Street shares rose on hopes the US is moving closer to at least a partial reopening of its economy during the c…

Tech sector boosts the market: ASX closed 1.9% higher

14 Apr 2020 - It has been a mostly positive day of trade for the ASX after a small dip in early morning trade the local bourse managed to close 1.9% higher. As for the sectors toda…

Business confidence and conditions see huge monthly falls: ASX tracking 0.5% higher at noon

14 Apr 2020 - The ASX had a little dip in early morning trade but then rose within the first hour of trading now tracking almost 0.5% higher at noon. Energy companies have opened m…

USFDA grants fee waiver to Cyclopharm (ASX:CYC) for Technegas application

14 Apr 2020 - Cyclopharm (ASX:CYC) is pleased to announce that the United States Food and Drug Administration (USFDA) has granted the Company a full application fee waiver of USD $…

ClearVue Technologies (ASX:CPV) signs agreement with eLstar Dynamics

14 Apr 2020 - Smart building materials company ClearVue Technologies (ASX:CPV) has entered into a Collaboration Agreement with eLstar Dynamics B.V in the Netherlands.

InvoCare (ASX:IVC) is looking to raise $150 million

14 Apr 2020 - InvoCare (AX:IVC) funeral homes is raising $150m through an underwritten institutional Placement to continue momentum achieved on its growth initiatives through the t…

Genetic Signatures (ASX:GSS) sees registration for SARS-CoV-2 detection kit

14 Apr 2020 - Genetic Signatures (ASX:GSS) has received notice from the Therapeutic Goods Administration (“TGA”) that its EasyScreenTM SARS-CoV-2 Detection Kit has been approved to…

AUD jumps to 63.8 cents against the USD: ASX poised to open higher

14 Apr 2020 - Following mixed leads from US markets, the ASX looks set to open higher this morning. The WHO says there are 70 COVID-19 vaccines in the works, with three leading can…

Market closes on a 4-week high: ASX closed 3.5% higher

09 Apr 2020 - The ASX saw a rally in late afternoon trade closing on a 4 week high at 3.5% higher. Perenti Global (ASX:PRN) shares advanced over 27% and shares in Commonwealth Bank…

All the sectors in the green: ASX tracking almost 2% higher at noon

09 Apr 2020 - The ASX shot up at the open and is now tracking almost 2% higher at noon. Shares in oOh!media (ASX:OML) are on the up after HT&E has acquired at least 11 million shar…

HT&E takes 1.8% stake in oOh!media (ASX:OML)

09 Apr 2020 - oOh!media (ASX:OML) has become aware that HT&E has acquired at least 11 million oOh!media shares as at the latest share register obtained by the Company for 6 April 2…

Centuria Industrial REIT (ASX:CIP) to raise $140 million

09 Apr 2020 - Centuria Property Funds No.2 as Responsible Entity for Centuria Industrial REIT (ASX:CIP) has launched a fully underwritten institutional placement to raise $130 mill…

Phoslock Environmental Technologies (ASX:PET) capital raise for China expansion

09 Apr 2020 - Water treatment business Phoslock Environmental Technologies (ASX:PET) has raised $12 million pursuant to a share placement of 24 million fully paid ordinary shares a…

Mesoblast (ASX:MSB) see trials for COVID-19 lung distress

09 Apr 2020 - Mesoblast (ASX:MSB) today announced that its stem cell product candidate remestemcel-L will be formally evaluated in a randomized, placebo-controlled trial in patient…

Wall Street rally continues: ASX poised to open higher

09 Apr 2020 - The ASX looks set to open higher this morning. US stocks are having a rollercoaster of a week. The 76 day lockdown in the Chinese city of Wuhan where coronavirus firs…

S&P lowers Australia AAA credit rating to negative: ASX closed 0.9% lower

08 Apr 2020 - The ASX dropped at the open and struggled to gain momentum closing 0.9% lower. Shares in Oil Search (ASX:OSH) have declined after they reported raising $1.1 billion t…

Fitch downgrades the Big Four banks: ASX tracking 0.3% lower at noon

08 Apr 2020 - The ASX dropped at the open and is struggling to gain momentum but managed to scrape back to be now tracking 0.3% lower at noon. The economic crisis from COVID-19 has…

Cochlear (ASX:COH) sees FDA approval for Remote Check

08 Apr 2020 - Implantable hearing solutions company Cochlear (ASX:COH) has obtained US Food and Drug Administration (FDA) approval for its Remote Check solution.

Oil Search (ASX:OSH) close books on equity raise

08 Apr 2020 - Oil Search (ASX:OSH) is pleased to announce the successful completion os the institutional component of its entitlement offer and placement raising $1 billion.

IAG (ASX:IAG) CEO to stand down

08 Apr 2020 - IAG (ASX:IAG) Managing Director and Chief Executive Officer Peter Harmer has advised the Board of his intention to retire by the end of 2020.

Zip Co (ASX:Z1P) see $45 million revenue for the quarter

08 Apr 2020 - Fintech company Zip Co (ASX:Z1P) reports for the quarter ended 31 March 2020 (Q3 FY20) that they delivered a strong set of quarterly numbers against a backdrop of eco…

Some states could lift coronavirus restrictions sooner than others: ASX poised to open lower

08 Apr 2020 - Following weak leads from US markets, the ASX looks set to open lower this morning. Britain and New York state have reported their worst daily death tolls since the c…

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