Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Megaport (ASX:MP1) reports a $19 million net loss for the half year

12 Feb 2020 - Cloud company Megaport (ASX:MP1) has reported a $19 million loss in the first six months of the financial year, 14.4 per cent more than its loss in the prior correspo…

National Veterinary Care (ASX:NVL) to buy three veterinary clinics

12 Feb 2020 - National Veterinary Care (ASX:NVL) has entered into binding agreements to acquire three veterinary clinics in Australia.

Mayur Resources (ASX:MRL) - PNG resource developer

12 Feb 2020 - Mayur Resources Limited (ASX:MRL) Managing Director, Paul Mulder provides an update on the company's PNG projects, which span industrial minerals, power generation, c…

Blackmores (ASX:BKL) downgrades full-year profit expectations

12 Feb 2020 - Health supplement company Blackmores (ASX:BKL) today released an update on the first-half financial results showing underlying NPAT of $18 million compared to $34.3 m…

Autosports Group (ASX:ASG) completes the purchase of the business operated by Trivett

12 Feb 2020 - Autosports Group (ASX:ASG) has completed the purchase of the business operated by Trivett at Alexandria.

Asian shares rise as Coronavirus infections slow: ASX poised to open higher

12 Feb 2020 - Following fresh highs from US markets, the ASX looks set to open higher this morning. In the US the Fed reported American households added $US193b of debt in the four…

James Hardie Industries (ASX:JHX) see profit rise on US housing boost

12 Feb 2020 - James Hardie Industries (ASX:JHX) yesterday reported adjusted net operating profit for the quarter ending 31 December 2019 rose to $77.4 million, an increase of 17 pe…

ELMO (ASX:ELO) agrees to buy Vocam

12 Feb 2020 - ELMO (ASX:ELO) has executed a binding sale agreement to purchase 100 per cent of the shares in Vocam group entities.

CIMIC Group’s (ASX:CIM) UGL secures $450m in contracts

11 Feb 2020 - CIMIC Group (ASX:CIM) company UGL has secured contracts with $450 million in the oil and gas sector.

Downer EDI (ASX:DOW) says they are ‘not for sale’

11 Feb 2020 - Downer EDI (ASX:DOW) released a statement today refering to an article in today’s edition of The Australian which speculates about the potential sale of Downer’s “oil…

Cochlear (ASX:COH) reduces earnings guidance for FY20

11 Feb 2020 - Medical device company Cochlear (ASX:COH) is reducing the guidance outlook for FY20 from $290-300 million to $270-290 million.

Beach Energy (ASX:BPT) cuts production outlook

11 Feb 2020 - Beach Energy (ASX:BPT) has reduced its annual production guidance due to weak demand with a 2 per cent fall in underlying NPAT to $273.5 million.

Wall Street see positive start to the week: ASX set to open higher

11 Feb 2020 - Wall Street saw a positive start to the week and we can now expect to see the ASX open higher. Gold lifted overnight as investors sought safe haven from the economic …

Challenger (ASX:CGF) report NPAT down 4% for the half year

11 Feb 2020 - Investment management company Challenger (ASX:CGF) released their half year results this morning showing NPAT down 4 per cent on the last period at $191 million.

Yancoal (ASX:YAL) announce cap for 2020 POSCO coal sales

11 Feb 2020 - Yancoal (ASX:YAL) released a statement to the ASX yesterday announcing that the maximum value cap for the transactions under the 2020 POSCO Coal Sales Agreements for …

LiveTiles (ASX:LVT) partners with Canva

10 Feb 2020 - Global software company LiveTiles (ASX:LVT) has partnered with Canva, the world’s leader in empowering people to create compelling, data-rich visuals.

Horizon Oil (ASX:HZN) denies any knowledge of wrongdoing relating to PNG payment

10 Feb 2020 - Horizon Oil (ASX:HZN) has been implicated in an alleged bribery scandal.

Boral (ASX:BLD) confirms financial irregularities

10 Feb 2020 - Boral (ASX:BLD) has completed the investigation into their North American windows business after identifying financial irregularities.

JB Hi Fi (ASX:JBH) interim dividend up 8.8%

10 Feb 2020 - Electronics retailer JB Hi Fi (ASX:JBH) reports statutory NPAT is up 6.6 per cent to $170.6 million from $160.1 million in the prior corresponding period.

Sezzle Inc. (ASX:SZL) surpasses one million active customers

10 Feb 2020 - Digital payment platform Sezzle Inc. (ASX:SZL) today announced it has now passed the one million mark for Active Customers.

The GPT Group (ASX:GPT) NPAT down 39.4% due to lower valuations

10 Feb 2020 - The GPT Group (ASX:GPT) delivered a Net Profit After Tax of $880.0 million for the 12 months to 31 December 2019, a decrease of 39.4 per cent on the prior correspondi…

China factories reopen after extended break: ASX poised for a flat start

10 Feb 2020 - It’s a bit of a lacklustre start to the week on the markets, looking set for a flat start. Factories in China are expected to reopen today after being closed for an e…

News Corporation (ASX:NWS) report 6% decline in revenue

07 Feb 2020 - News Corporation (ASX:NWS) today reported financial results for the three months ending December 31, 2019 showing a 6 per cent decline in revenues at $2.48 billion co…

Kathmandu (ASX:KMD) report rise in Rip Curl sales

07 Feb 2020 - Adventure retailer Kathmandu (ASX:KMD) report group underlying EBIT for the first half of financial year 2020 is expected to be around 40 per cent above the same peri…

Aurizon (ASX:AZJ) sees some leadership changes

07 Feb 2020 - Aurizon (ASX:AZJ) today announced that Pam Bains has been appointed to the position of Group Executive Network.

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