Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Brexit Bill paused, markets respond: ASX set to open lower

23 Oct 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. Brexit caused a hiccup on the stock market, as Prime Minister Boris Johnson lo…

Shares in Orocobre (ASX:ORE) fall despite 'solid quarter': ASX closed 0.3% higher

22 Oct 2019 - The ASX closed 0.3% higher. Orocobre (ASX:ORE) shares fell today – quarterly sales revenue at Olaroz declined 21% on a quarter on quarter basis. As for the sectors, t…

QEM (ASX:QEM) Julia Creek Project update

22 Oct 2019 - QEM Limited (ASX:QEM) Executive Director & CEO, David Fitch and GM & Chief Geologist, Scott Drelincourt discuss the company’s Julia Creek vanadium and oil shale tenem…

Super Retail Group (ASX:SUL) shares take a dip despite reporting sales growth: ASX 0.2% higher at noon

22 Oct 2019 - The ASX opened higher following positive leads from Wall Street and is now tracking 0.2% higher at noon. Whitehaven (ASX:WHC) saw a rise in their shares this morning …

Cashwerkz (ASX:CWZ) bringing banks and investors closer together

23 Oct 2019 - Cashwerkz Limited (ASX:CWZ) Executive Director, Craig Swanger talks about the company's platform, the benefit it provides for both banks and investors, FY19 results a…

Kingston Resources (ASX:KSN) - gold explorer & developer

21 Oct 2019 - Kingston Resources Limited (ASX:KSN) CFO, Chris Drew, provides an update on the company's Misima and Livingstone gold projects and drill program.

PPK Group (ASX:PPK) FY19 results & outlook

21 Oct 2019 - PPK Group Limited (ASX:PPK) Executive Chairman, Robin Levison talks about FY19 results, strategy, pickup in the company's key market, and the company's joint venture …

Calima Energy (ASX:CE1) - gas play, British Columbia

18 Oct 2019 - Calima Energy Limited (ASX:CE1) Managing Director, Alan Stein, talks about the company's strategy, recent capital raising, and results from the drill program at its M…

Wisetech Global shares fall as they enter a trading halt: ASX closes 0.8% lower

17 Oct 2019 - The ASX dropped at the open and failed to gain momentum closing 0.8% lower. Shares in Wisetech Global (ASX:WTC) slumped today - they have entered into a trading halt …

IOOF shares up after ANZ drops pension business sale price: ASX tracking 0.4% lower at noon

17 Oct 2019 - The ASX dropped at the open and is now tracking 0.4% lower at noon. Shares in IOOF Holdings (ASX:IFL) are on the up after ANZ (ASX:ANZ) reduced the price for the sale…

Alumina Limited (ASX:AWC) show Alcoa's fall in API

17 Oct 2019 - Alumina Limited (ASX:AWC) have reported on Alcoa Corp’s quarterly earnings release, showing a 17 per cent fall in Alumina Price Index.

Bank of Queensland (ASX:BOQ) see 14% decline in FY19 cash earnings

17 Oct 2019 - Bank of Queensland (ASX:BOQ) reports their financial year 2019 cash earnings after tax of $320 million, is down 14 per cent on financial year 2018.

Cynata Therapeutics (ASX:CYP) withdraw from acquisition discussions

17 Oct 2019 - Biotech company Cynata Therapeutics (ASX:CYP) has decided to withdraw from acquisition discussions with Sumitomo Dainippon Pharma Co.

ANZ (ASX:ANZ) reduces price on OnePath P&I sale to IOOF

17 Oct 2019 - ANZ (ASX:ANZ) has reduced the price for the sale of its OnePath Pensions & Investments business and Aligned Dealer Groups to IOOF Holdings (ASX:IFL) from $975 million…

IAG (ASX:IAG) agrees sale of 26% interest in SBI General

17 Oct 2019 - IAG (ASX:IAG) has agreed to sell the whole of its 26 per cent interest in its joint venture with the State Bank of India, SBI General Insurance Company.

Santos (ASX:STO) production 7% higher than the second quarter

17 Oct 2019 - Santos (ASX:STO) released their third quarter activities report showing record production and sales volumes and the second highest quarterly sales revenue on record.

US retail sales decline unexpectedly: ASX poised to open lower

17 Oct 2019 - Following weak leads from US markets, the ASX looks set to open lower this morning. Retail sales in the US saw the first decline in seven months – this could bolster …

Leading Index shows economic growth well below trend: ASX closes 1.3% higher

16 Oct 2019 - It has been a positive day of trade for the ASX, closing 1.3% higher. Silverlake (ASX:SLR) and Nearmap (ASX:NEA) shot up today. Shares in the Afterpay Touch Group (AS…

Shares in Afterpay (ASX:APT) take a dip after broker call: ASX 0.9% higher at noon

16 Oct 2019 - The ASX rose at the open and managed to maintain momentum after positive leads from Wall Street and is now tracking 0.9% higher at noon. Afterpay touch group (ASX:APT…

Noxopharm (ASX:NOX) makes changes to its executive structure

16 Oct 2019 - Noxopharm (ASX:NOX) has made some changes to its senior executive and Board structures.

Worley (ASX:WOR) responds to creeping acquisitions by Dar Group

16 Oct 2019 - Engineering company Worley (ASX:WOR) has notified the ASX of its operations to the Foreign Investment Review Board, in the context of possible creeping acquisitions b…

The Reject Shop (ASX:TRS) performance improves since the end of FY2019

16 Oct 2019 - The Reject Shop (ASX:TRS) reports seeing a positive shift of comparable sales performance with improving momentum in the first 15 weeks of FY2020 up 0.3 per cent.

Ingenia Communities Group set to raise $131.1 million to fund acquisitions

16 Oct 2019 - Ingenia Communities Group (ASX:INA) hopes to raise $131.1 million to fund acquisitions and accelerate growth.

Scentre Group (ASX:SCG) to say goodbye to their Chief Operating Officer

16 Oct 2019 - Scentre Group’s (ASX:SCG) Chief Operating Officer, Greg Miles, will retire in 2020 after almost 23 years with the Scentre Group and Westfield executive teams.

Northern Star Resources (ASX:NST) acquires control of Echo Resources

16 Oct 2019 - Northern Star Resources (ASX:NST) has acquired a relevant interest in 59.3 per cent of Echo Resources.

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