Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Monthly economic update with MLC, September 2019

04 Oct 2019 - MLC Senior Economist Bob Cunneen speaks to MLC Portfolio Specialist Sinead Rafferty about American and European central banks cutting interest rates.

Global stocks fall on economic growth worries: ASX closes 2.2% lower

03 Oct 2019 - It has been a disappointing day of trade for the ASX. After opening in the black the local bourse failed to gain momentum to close 2.2% lower. Ooh!Media (ASX:OML) dro…

Telstra appointments new Group Executive of Product & Technology

03 Oct 2019 - Telstra (ASX:TLS) has appointed a new Group Executive of Product & Technology - Kim Krogh Andersen will replace Christian von Reventlow.

Telix Pharmaceuticals to acquire a European production facility

03 Oct 2019 - Telix Pharmaceuticals (ASX:TLX) has entered into a conditional purchase agreement with technology giant Eckert & Ziegler to acquire a radiopharmaceutical production f…

Senex Energy completes Project Atlas natural gas pipeline

03 Oct 2019 - Senex Energy (ASX:SXY) has completed the Project Atlas natural gas pipeline.

Dow drops after broad sell off: ASX is set to open lower

03 Oct 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. The Dow plunged more than 450 points as Wall Street continues its rough start …

Mayne Pharma shares soar on US pill deal: ASX closes 1.5% lower

02 Oct 2019 - It has been a disappointing day of trade for the ASX. After opening in the red the local bourse continued to lose momentum to close 1.5% lower. It was good news for M…

NAB shares hit on fresh remediation charges: ASX tracking 1.3% lower at noon

02 Oct 2019 - The ASX opened lower following soft leads from Wall Street and is now tracking 1.3% lower at noon. The markets dropped on poor manufacturing results from the US and w…

Mineral Resources to withdraw from the McIntosh JV

02 Oct 2019 - Mineral Resources (ASX:MIN) has notified Hexagon Resources (ASX:HXG) that they are withdrawing from the McIntosh Joint Venture (MJV) at the end of the month.

The NAB flags a new remediation bill of $1.2 billion

02 Oct 2019 - The National Australia Bank (ASX:NAB) today announced additional charges of $1.18 billion after tax relating to increased provisions for customer-related remediation.

Talga Resources UK subsidiary enters battery race with UK 'Faraday' Project

02 Oct 2019 - Talga Resources (ASX:TLG) UK subsidiary, Talga Technologies has gained funding under the UK Government’s ISCF Faraday Battery Challenge initiative to develop Talga’s …

NetLinkz see first pilot underway in IoT lab

02 Oct 2019 - NetLinkz (ASX:NET) has announced the commencement of its Australian rollout of the NetLinkz VIN with Omega Dev Group, based here in Sydney.

Westgold Resources see board and management changes

02 Oct 2019 - Westgold Resources (ASX:WGX) is set to make changes to its Board with Peter Newton planning to retire from his Non-Executive Chairman role.

Mach7 Technologies awarded US patent for its Management Studio

02 Oct 2019 - Mach7 Technologies (ASX:M7T), a company specialising in innovative data management solutions for healthcare providers, has been awarded a United States Patent for its…

US manufacturing suffers worst month in a decade: ASX set to open lower

02 Oct 2019 - Following negative leads from US markets, the ASX looks set to open lower this morning. In the US, banks led the decline as rates moved lower, followed by industrial …

AUD drops as RBA cut rate to 0.75%: ASX closed 0.8% higher

01 Oct 2019 - It has been a positive day of trade for the ASX. After a small dip in early morning trade the local bourse managed to gain momentum to gain 0.8%. The market rose afte…

All eyes on rates ahead of RBA decision: ASX is tracking 0.2% higher at noon

01 Oct 2019 - The ASX opened higher following positive leads from Wall Street and is now tracking 0.2% higher at noon. Nufarm (ASX:NUF) shares are on the rise in the first two hour…

First Graphene (ASX:FGR) moves into energy sector

26 Sep 2019 - First Graphene Limited (ASX:FGR) Executive Director and CFO, Peter Young talks about the company's worldwide licensing agreement with the University of Manchester for…

Declines led by miners: ASX closed 0.5% lower

26 Sep 2019 - The ASX took a dip in early morning trade after opening higher and failed to gain momentum to close 0.5% lower. Miners took a hit today with Silver Lake Resources (AS…

Job vacancies fall for the first time in years: ASX tracking 0.2% lower at noon

26 Sep 2019 - The ASX opened higher then fell after early morning trade and is now tracking 0.2% lower at noon. Newcrest (ASX:NCM) shares dropped today after they reported RC drill…

Collins Foods refinances debt facilities

26 Sep 2019 - Collins Foods (ASX:CKF) has entered into binding documentation to refinance its existing syndicated debt facilities.

Santos in another major Barossa contract award

26 Sep 2019 - Santos (ASX:STO) today announced the Barossa project has taken another big step towards a Final Investment Decision early next year with the award of the gas export p…

Investec make strategic acquisitions and Placement

26 Sep 2019 - The newly listed Investec Australia Property Fund (ASX:IAP) is seeking a fully underwritten institutional placement to raise approximately $84 million at an issue pri…

MGM Wireless sign deal with Officeworks to sell SPACETALK

26 Sep 2019 - Technology company MGM Wireless (ASX:MWR) has signed a retail sales agreement with Officeworks to sell the SPACETALK watch.

Marley Spoon secures funding from Woolworths

26 Sep 2019 - Meal kit provider Marley Spoon (ASX:MMM) has approved structured debt transactions with two of its existing investors, amounting to $8 million in aggregate.

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