Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

RBA keeps cash rate on hold at 0.1%: ASX closes 1.5% higher

02 Feb 2021 - The lASX closed 1.5% higher today, that’s almost 100 points up to 6,763. Shares in Tabcorp (ASX:TAH) rose today as the company confirmed it has received a number of u…

Payroll jobs for construction up 5.9% for the week: ASX tracking 1.2% higher at noon

02 Feb 2021 - The local sharemarket is up at 1.2% or 79 point higher to 7,742. The SPI futures point to a rise of 80 points. Afterpay (ASX:APT) shares are up today as Unibail-Rodam…

Centuria Industrial REIT (ASX:CIP) 1H21 results & outlook

02 Feb 2021 - Centuria Industrial REIT (ASX:CIP) Fund Manager, Jesse Curtis talks 1H21 highlights, acquisitions, leasing activity and second half guidance.

Temple & Webster (AXS:TPW) first-half revenue rose 118%

02 Feb 2021 - Temple & Webster (AXS:TPW) report that first-half revenue rose 118 per cent to $161.6 million.

The Credit Corp Group (ASX:CCP) see first half profit growth of 10%

02 Feb 2021 - The Credit Corp Group (ASX:CCP) reports a 10 per cent increase in net profit after tax (NPAT) to $42.3 million.

RBA board to meet for the first time this year: ASX poised to open higher

02 Feb 2021 - The ASX is set to open higher this morning after recovering yesterday from an early tumble. Tech stocks did well in New York yesterday. Apple, Facebook and Netflix we…

Worley (ASX:WOR) leads the market losses: ASX closes 0.8% higher

01 Feb 2021 - The local sharemarket has kicked off the week with a rally throughout today rising 0.8% or 56 points to 6,663. It was its best session in nine days. Shares in Blackmo…

Reddit traders drive silver up: ASX flat at noon at 0.02% lower

01 Feb 2021 - The local sharemarket is flat at 0.02% lower or 1 point lower to 6606. The SPI futures point to a fall of 5 points. Silver futures have soared more than 8% this morni…

amaysim Australia (ASX:AYS) completes sale of mobile business to Optus

01 Feb 2021 - amaysim Australia (ASX:AYS) has sold its mobile business to its long-term strategic wholesale partner, Optus Mobile Pty.

FIRB approves Coca-Cola Amatil (ASX:CCL) takeover

01 Feb 2021 - The Foreign Investment Review Board has determined the Commonwealth has no objection to a wholly owned subsidiary of Coca-Cola Amatil (ASX:CCL) Coca-Cola European Par…

WA enters first full day of Covid lockdown: ASX to open lower

01 Feb 2021 - The ASX is set to open lower this morning as Wall Street dropped. The US markets may have entered a correction phase, as hedge funds sell to cover short sale losses.…

Immutep (ASX:IMM) company update on start of 2021

27 Jan 2021 - Immutep Limited (ASX:IMM) CEO and Executive Director Marc Voigt analyses December's breast cancer data, and provides an update on efti's position and outlook.

Oil Search (ASX:OSH) record annual PNG LNG production

27 Jan 2021 - Oil Search (ASX:OSH) has delivered a solid quarter, resulting in record annual Papua New Guinea liquefied natural gas production against a backdrop of improving commo…

Atlas Arteria (ASX:ALX) see Q4 traffic down 25.9% on last year

27 Jan 2021 - Atlas Arteria (ASX:ALX) said the fourth quarter traffic fell 25.9 per cent compared to the same period a year ago on a weighted average basis. Toll revenue dropped 19…

Beach Energy (ASX:BPT) second quarter production down 8%

27 Jan 2021 - Beach Energy's (ASX:BPT) quarterly sales volumes were down 8 per cent to 6,444 Kilobarrel Of Oil Equivalent on the prior quarter and 3 per cent on the prior correspon…

Reliance Worldwide Corporation (ASX:RWC) report net sales up 13%

27 Jan 2021 - Plumbing parts business Reliance Worldwide Corporation (ASX:RWC) reports net sales of $642 million, up 13 per cent on the prior corresponding period for the six month…

Global Covid cases poised to top 100 milllion: ASX to open lower

27 Jan 2021 - The ASX is set to take a tumble this morning amid a fall on Wall Street. The IMF has become more upbeat about the global economy, the World Economic Outlook now expec…

Joe Biden is sworn in as 46th President of the USA: ASX set to open higher

21 Jan 2021 - Following a lift on US markets overnight, the ASX looks set to open higher this morning. Donald Trump's presidency came to an end in the early hours of this morning w…

The sharemarket hits 6770.4 points: ASX closed 0.4% higher

20 Jan 2021 - Australia’s sharemarket closed higher today on news the US are looking to boost their economy with more stimulus. The S&P/ASX 200 index finished 28 points up or 0.4 p…

Consumer Sentiment fell by 4.5% in January: ASX tracking 0.5% higher at noon

20 Jan 2021 - The local bourse rose at the open and has remained steady in the first two hours of trade. The S&P/ASX 200 index is 33 points up or 0.5% higher at 6,775. Shares in P…

Ansell (ASX:ANN) see continued elevated demand for products due to Covid

20 Jan 2021 - Protection safety solutions company Ansell (ASX:ANN) reports that because of Covid - they continue to see elevated demand for a number of its products particularly in…

Downer EDI (ASX:DOW) awarded $330 million Telstra contract

20 Jan 2021 - Downer EDI (ASX:DOW) has been awarded a Field Services contract by Telstra (ASX:TLS) at around $330 million over a maximum term of five years.

The AUB Group (ASX:AUB) to sell Altius shareholding for $57m

20 Jan 2021 - Australasia’s largest equity-based insurance broker network, the AUB Group (ASX:AUB), is set to sell its total shareholding in Altius Group Holdings Pty to The Rivers…

Mydeal.com.au (ASX:MYD) reports H1 profits of $126.7 million

20 Jan 2021 - Mydeal.com.au (ASX:MYD) saw first half gross sales increase to $126.7 million for the six months ending December 31, a rise of 217 per cent on the first half of finan…

Yellen gives approval for more US stimulus: ASX poised to open higher

20 Jan 2021 - Following a boost on US markets overnight, the ASX looks set to open higher this morning. Janet Yellen, President-elect Joe Biden’s choice for Treasury secretary, is …

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