Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Payroll jobs decreased 5.5% in the fortnight to 2 Jan: ASX closed 2% higher

19 Jan 2021 - Australia’s sharemarket pushed higher as the consumer discretionary sector gained 2%. The S&P/ASX 200 index finished 80 points up or 1.2 per cent higher at 6,743. Sha…

Bingo (ASX:BIN) shares soar on offer from CPE: ASX tracking 1.2% higher at noon

19 Jan 2021 - The local bourse has continued to climb in the first two hours of trade with gains in the industrial sector. The S&P/ASX 200 index is 81 points up or 1.2% up at 6,744…

BINGO (ASX:BIN) has received a $3.50 a share cash bid

19 Jan 2021 - BINGO (ASX:BIN) has received an unsolicited, highly conditional, non-binding, indicative proposal from funds advised by CPE Capital on behalf of CPEC and its potentia…

HUB24 (ASX:HUB) grew Funds Under Admnistration to $22 billion in December quarter

19 Jan 2021 - HUB24 (ASX:HUB) has delivered a strong first half for FY21 with record platform quarterly net inflows for the December quarter of $1.7 billion.

Rio Tinto (ASX:RIO) report iron ore shipments up 2% on last year

19 Jan 2021 - Rio Tinto (ASX:RIO) report their Pilbara iron ore shipments were at 88.9 million, up 2 per cent on the fourth quarter in 2019.

Mineral Commodities Ltd (ASX:MRC) secures additional graphite prospects

19 Jan 2021 - Mineral Commodities Ltd (ASX:MRC), through its 90 per cent owned subsidiary, Skaland Graphite AS is has entered into a landowner agreement to explore the Hesten and V…

US markets closed for Martin Luther King Jr Day: ASX set to open higher

19 Jan 2021 - The ASX looks set to open higher. US markets are closed for Martin Luther King Jr Day. The price of iron ore continues to rise due to China’s demand. Back home, 25 co…

COVID-19 and Australian hotels

18 Jan 2021 - Tourism Accommodation Australia CEO Michael Johnson discusses the impact of COVID-19 on hotels across Australia.

Trump impeachment vote underway: ASX poised to open higher

14 Jan 2021 - The ASX looks set to open higher this morning as Wall Street closed mixed. US President Donald Trump is on the verge of a second impeachment after the Capitol siege. …

Shares in Premier Investments (ASX:PMV) hit an all-time high: ASX closes 0.1% higher

13 Jan 2021 - The ASX closed 8 points up, or 0.1% higher at 6,687. Shares in Premier Investments (ASX:PMV) hit an all-time high after reporting that they expect a significant uplif…

Job vacancies increased by 23% in November quarter: ASX tracking 0.3% lower at noon

13 Jan 2021 - The ASX opened lower this morning. The S&P/ASX 200 Index is 18 points down or 0.3% lower at 6,662. Futures are pointing to a fall of 18 points. Share in Premier Inves…

Fintech Tyro (ASX:TYR) working on terminal connectivity problem

13 Jan 2021 - Fintech Tyro (ASX:TYR) has experienced a terminal connectivity issue with respect to some of its EFTPOS terminals.

Cardinal Resources (ASX:CDV) directors accept Shangong Gold offer

13 Jan 2021 - Cardinal Resources (ASX:CDV) says that all the Directors of Cardinal have now accepted the Shandong Gold Mining (HongKong) Co., Ltd. offer.

Newcrest Mining (ASX:NCM) approves funding for the Havieron Project

13 Jan 2021 - Newcrest Mining (ASX:NCM) has approved $146 million for the construction of the box cut, exploration decline and associated surface infrastructure at the Havieron Pro…

Trump calls moves to impeach him 'absolutely ridiculous': ASX poised to open lower

13 Jan 2021 - 13 Jan 2021 - The ASX looks set to open lower this morning as Wall Street closed just slightly higher amid political turmoil. With only eight days left in his adminis…

Noxopharm (ASX:NOX) advances study for NOXCOVID

13 Jan 2021 - Drug development company, Noxopharm (ASX:NOX) reports that the latest formal review by the NOXCOVID-1 Safety Steering Committee has cleared it to advance to the fifth…

ARB Corp's (ASX:ARB) soar on market update: ASX closes 0.3% lower

12 Jan 2021 - The ASX slid today closing 18 points down, or 0.3% lower at 6,679. Shares in the ARB Corporation (ASX:ARB) did well today after they reported they achieved unaudited …

Tech sector continues to take a hit: ASX tracking 0.4% higher

12 Jan 2021 - The S&P/ASX 200 Index is 25 points up or 0.4% higher at 6,722. Futures are pointing to a rise of 21 points. Shares in Polynovo (ASX:PNV) have dropped over 12% despite…

Worley (ASX:WOR) gets Heartland Petrochemical Complex contract

12 Jan 2021 - Worley (ASX:WOR) has been awarded a master site services and supply contract by Inter Pipeline for its Heartland Petrochemical Complex located in Alberta in Canada.

Sezzle Inc. (ASX:SZL) report underlying merchant sales up 205%

12 Jan 2021 - Installment payment platform, Sezzle Inc. (ASX:SZL) reports record fourth quarter results with underlying merchant sales increasing 205.4 per cent year on year to $41…

PolyNovo (ASX:PNV) sales rise despite slow November and December

12 Dec 2021 - PolyNovo (ASX:PNV) has reported an increase in sales of 31 per cent in the first half of the 2021 financial year.

Nuheara's (ASX:NUH) earbuds launched by US company HP

12 Jan 2021 - Nuheara’s (ASX:NUH) earbuds have been launched by US company HP under a supply deal announced on December 29.

Wall Street pulls back from recent highs: ASX poised for a flat start

12 Jan 2021 - The ASX looks set to open flat this morning as Wall Street pulled back from their recent highs as vaccine hopes and a large stimulus package lost luster. The World He…

Mesoblast (ASX:MSB) trial results boost shares : ASX closed 0.9% lower

11 Jan 2021 - The Australian sharemarket slid today closing 61 points down, or 0.9 per cent lower at 6,697. Shares in Resmed (ASX:RMD) did well today. Shares in Westgold Resources …

Retail sales have risen 7.1% in November: ASX tracking 0.5% lower

11 Jan 2021 - The Australian sharemarket opened lower this morning. The S&P/ASX 200 Index is 31 points down or 0.5 per cent lower at 6,727. Futures are pointing to a fall of 34 poi…

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