Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Ramelius Resources (ASX:RMS) release bidders statement for Spectrum Metals

03 Mar 2020 - Ramelius Resources (ASX:RMS) released their bidders statement yesterday through its wholly owned subsidiary Mt Magnet Gold to purchase all of the shares in Spectrum M…

Rural Funds Group (ASX:RFF) see rise in profit after acquisitions

02 Mar 2020 - Rural Funds Management as responsible entity of the Rural Funds Group (ASX:RFF), have today released Financial Statements for the half year ended 31 December 2019 sho…

Splitit Payments (ASX:SPT) to partner with Visa

02 Mar 2020 - Splitit Payments (ASX:SPT) today announced it is partnering with Visa to help accelerate their distribution of installment payments for merchants.

Corporate Travel Management (ASX:CTD) see a director step down

02 Mar 2020 - Corporate Travel Management (ASX:CTD) have announced the retirement of Admiral Robert J. Natter, US Navy (Ret.) from the Board, effective from today.

Bega Cheese (ASX:BGA) cuts dividend

02 Mar 2020 - Bega Cheese (ASX:BGA) today announced its interim financial results for the half year ended 29 December 2019 showing net Profit for the period up 71 per cent to $8.5 …

InPayTech (ASX:IP1) 1H20 results & outlook

02 Mar 2020 - Integrated Payment Technologies Limited (ASX:IP1) CEO, Dean Martin, discusses 1H20 results, customers numbers and take up for the company's ClickSuper and PayVu syste…

Caltex Australia (ASX:CTX) says EG proposal 'undervalues the company'

02 Mar 2020 - The board of Caltex Australia (ASX:CTX) has concluded that the EG Proposal undervalues the Company and does not represent compelling value for Caltex’s shareholders.

CIMIC Groups' (ASX:CIM) CPB Contractors selected for SA projects

02 Mar 2020 - CIMIC Group (ASX:CIM) company CPB Contractors has been selected by the South Australian Government to deliver three important projects under the Port Wakefield to Por…

Fresh pessimism surrounding coronavirus as new fatalities reported: ASX set to open lower

02 Mar 2020 - The ASX looks set to kick off the week with pessimism surrounding the spread of the coronavirus and its impact on financial markets. The Aussie dollar took another hi…

Dicker Data (ASX:DDR) raise dividend by 50%

28 Feb 2020 - Dicker Data (ASX:DDR) today announced its results for the year ended 31 December 2019 showing net profit before tax is up 67.3 per cent to $54.3 million.

MGM Wireless (ASX:MWR) see record revenue and revised guidance

28 Feb 2020 - Technology company MGM Wireless (ASX:MWR) today reported results for 1H FY20 showing revenue up 87 per cent to $7.6 million.

Harvey Norman Holdings (ASX:HVN) profit impacted by bushfires and property prices

28 Feb 2020 - Harvey Norman Holdings (ASX:HVN) announced today that net profit after tax and non-controlling interests for the half-year to 31 December 2019 was $213.59 million, do…

Lynas Corporation (ASX:LYC) see half year profit fall 79.6%

28 Feb 2020 - Lynas Corporation (ASX:LYC) today released its Financial Report for the half year ending 31 December 2019 showing net profit fell 79.6 per cent to $3.9 million.

Dow plunges: ASX poised to open lower

28 Feb 2020 - The ASX looks set to plunge this morning after volatile trading in the US as reports the coronavirus may be spreading to America. Both the Dow and the S&P 500 had the…

The Freedom Foods Group (ASX:FNP) report operating NPAT increased 42.1%

28 Feb 2020 - The Freedom Foods Group (ASX:FNP) report operating net profit after tax increased 42.1 per cent to $9.1 million. Statutory net profit rose 45.6 per cent to $5.4 milli…

Reece (ASX:REH) see sales revenue rise up 9%

28 Feb 2020 - Plumbing and bathroom supplies company Reece (ASX:REH) reported its financial results for the half-year ended 31 December 2019 showing record sales revenue of $2.962 …

Link Administration (ASX:LNK) help push tech sector lower: ASX closed 0.8% lower

27 Feb 2020 - The ASX closed 0.8% lower - another day ending in the red. Adelaide Brighton (ASX:ABC) shares did well today as a number of analysts upgraded them. Link Administratio…

Capital expenditure falls 2.8% in the December quarter: ASX tracking 0.8% lower at noon

27 Feb 2020 - The ASX failed to maintain momentum this morning where it rose slightly in early trade, dipping to now track 0.8% lower at noon. Shares in the a2 Milk Company (ASX:A2…

Evans Dixon (ASX:ED1) reduces staff by 20%

27 Feb 2020 - Wealth manager Evans Dixon (ASX:ED1) report statutory NPAT for the half year of $2.1 million was down from $12.4 million delivered in the prior corresponding period.

AP Eagers (ASX:APE) see losses in a difficult auto market

27 Feb 2020 - AP Eagers (ASX:APE) FY19 result reflects year of transformation with Statutory Loss After Tax from continuing operations of $80.5 million or $129.1 million when disco…

NetLinkz (ASX:NET) agreement to monitor water quality in Sichuan Province

27 Feb 2020 - NetLinkz Limited (ASX:NET) Executive Chairman and CEO, James Tsiolis talks about the significance of the company's agreement to provides its Virtual Secure Network to…

Flight Centre Travel Group (ASX:FLT) report 1H NPAT down 74%

27 Feb 2020 - Flight Centre Travel Group (ASX:FLT) report a net profit after tax (NPAT) of $22.1 million, that’s 74 per cent less than the prior corresponding period.

Afterpay (ASX:APT) see statutory loss after tax of $31.6m

27 Feb 2020 - Afterpay (ASX:APT) reported a statutory loss after tax of $31.6 million which was impacted by oneoff and non-cash items including share-based payments expenses.

AUD continues to struggle against the USD amid virus fears: ASX poised to open lower

27 Feb 2020 - The ASX looks set to open lower as US stocks fell for the fifth day. Treasury ten year note yields dropped. The NASDAQ did manage rise as the US markets swung into af…

The a2 Milk Company (ASX:A2M) see growth in infant nutrition sales

27 Feb 2020 - The a2 Milk Company (ASX:A2M) report a net profit after tax of $184.9 million for the half year, an increase of 21.1 per cent on the prior corresponding period.

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