Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

US crude sinks: ASX poised to open higher

03 May 2019 - The ASX is set to open higher this morning. US stocks fell for a second day as investors took note of the Fed Reserve’s decision to leave rates unchanged. The US doll…

Big four banks down: ASX 0.6% lower at noon

02 May 2019 - The ASX opened lower following mixed leads from Wall St and is now tracking 0.6% lower at noon. Woolworths (ASX:WOW) shares saw a rise throughout the morning as they …

Bravura Solutions seeking $165 million equity raising

02 May 2019 - Finance software company Bravura Solutions (ASX:BVS) is seeking $165 million fully underwritten institutional placement.

AMP wealth records $1.8 billion net cashflows in first quarter

02 May 2019 - Wealth management company AMP (ASX:AMP) report expected continued weakness in inflows and higher outflows post-Royal Commission.

Dexus to buy Melbourne’s 80 Collins for $1.48 billion

02 May 2019 - Real Estate Investment Trust Dexus (ASX:DXS) is looking to raise $900 million via a placement of new shares after almost completing the acquisition of 80, Collins St…

Woolworths food sales lift by 4.2% in Q3

02 May 2019 - Supermarket giant Woolworths (ASX:WOW) saw food sales improve in its third quarter by 4.2 per cent, benefiting from low deflation and more favourable weather conditio…

Wesfarmers looking to takeover Kidman Resources

02 May 2019 - Wesfarmers (ASX:WES) is looking to takeover lithium miner Kidman Resources for around $776 million.

NAB cuts dividend after $2.95 billion H1 profit

02 May 2019 - NAB (ASX:NAB) has released their first-half profit and show in the six months to March it rose 4.3 per cent to $2.7 billion compared to the same period a year ago.

Fed Reserve leaves interest rate unchanged: ASX poised to open lower

02 May 2019 - Following weak leads from the US, the ASX looks set to open lower this morning. US stocks fell after the Federal Reserve decision to leave rates unchanged. And Bellam…

Bravura Solutions jumps 8%: ASX closes 0.8% higher

01 May 2019 - It has been a positive day of trade for the ASX. After opening in the black the local bourse managed to maintain momentum and closed 0.8% higher. Bravura (ASX:BVS) di…

ANZ profit slips 5%: ASX tracking 0.7% higher at noon

01 May 2019 - The ASX opened higher following mixed leads from Wall Street and is now tracking 0.7% higher at noon. Shares in Bega Cheese (ASX:BGA) have seen a boost after Kraft's …

Bega Cheese wins peanut butter jar trademark battle

01 May 2019 - Bega Cheese (ASX:BGA) will be able to continue to use the trademark peanut butter jars after a long battle with American food company Kraft.

Lake Resources sees new drill advances at Cauchari lithium brine project

01 May 2019 - Lake Resources (ASX:LKE) has made moves with drilling at their Cauchari lithium brine project.

Senex Energy sign gas supply contract with Orora

01 May 2019 - Senex Energy (ASX:SXY) has signed a domestic sales agreement with leading manufacturer Orora (ASX:ORA).

Qantas’s CFO to move to CEO of international business role

01 May 2019 - Qantas (ASX:QAN) is set to see some key changes to its leadership team with currant Chief Financial Officer, Tino La Spina moving to become Chief Executive Officer of…

Treasury Wine Estates continues record sales across Asia

01 May 2019 - Treasury Wine Estates (ASX:TWE) confirms continued positive momentum in Asia with record sales including strong trading performance across the Chinese New Year festiv…

Genworth Mortgage Insurance Australia sees leadership transition

01 May 2019 - The Chairman of Genworth Mortgage Insurance Australia (ASX:GMA) today announced that Georgette Nicholas has advised the Board of her decision to retire from her role …

Alphabet shares tumble: ASX set to open higher

01 May 2019 - The ASX is set to open higher. The NASDAQ fell as shares were dragged down by Google's Alphabet Inc. This was mostly a result of their quarterly results showing grow…

Meridian Energy appoints a new CFO

29 Apr 2019 - Meridian Energy (ASX:MEZ) has today announced that Mike Roan has been appointed as Chief Financial Officer, effective immediately.

Western Areas sees improvements in ore mined

29 Apr 2019 - Nickel sulphide explorer and producer Western Areas (ASX:WSA) has reported significant improvements in both the grade of ore mined and cost of production for the Marc…

Imugene’s HER-Vaxx to be presented at US oncology meeting

29 Apr 2019 - Immuno-oncology company Imugene (ASX:IMU) will present data from its Phase Ib study of its HER-Vaxx cancer vaccine at the prestigious American Society of Clinical Onc…

SEEK invests in FutureLearn and Coursera

29 Apr 2019 - Employment company SEEK (ASX:SEK) has invested in two high growth global online education businesses FutureLearn and Coursera.

Coles ‘Fresh Stikeez’ collectibles boost revenue

29 Apr 2019 - Coles supermarkets (ASX:COL) revenue for the third quarter is up 3.2 per cent on the prior corresponding period to $7.27 billion.

PolyNovo signs with DACH countries distributor

29 Apr 2019 - Medical devices company PolyNovo (ASX:PNV) has appointed German company PolyMedics Innovations as the distributor for NovoSorb BTM in Germany, Austria, Switzerland an…

Will Fed Reserve cut rates?: ASX set to open lower

29 Apr 2019 - The ASX looks set to open slightly lower this morning as investors wait on key local and global economic data due out this week. Fed officials will conclude a meeting…

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