Finance News Network

News by Rachael Jones

Rachael Jones

Finance News Network

Caltex net profit dips 12% to $558 million

26 Feb 2019 - Caltex (ASX:CTX) today announced their financial results for the 12 months ending 31 December 2018 showing their Replacement Cost Operating Profit NPAT result of $558…

Estia Health downgrades guidance

26 Feb 2019 - Aged care provider Estia Health (ASX:EHE) saw their NPAT for the half year to December 31 2018 up 4.1 per cent to $21.1 million.

WiseTech Global buys Containerchain

26 Feb 2019 - Global logistics solutions group, WiseTech Global, (ASX:WTC) today announced the acquisition of Containerchain, a leading container optimisation solutions provider in…

Beach Energy appoints two new directors

26 Feb 2019 - Beach Energy (ASX:BPT) has appointed Matt Kay as a director and Managing Director effective from today.

US/China trade talk progress lifts Wall St: ASX set to open lower

26 Feb 2019 - The ASX looks set to open lower this morning despite a rally on Wall St. US equities managed to close at the highest levels in almost four months after President Dona…

Yancoal sees game-changing $4.85b revenue

26 Feb 2019 - Yancoal, (ASX:YAL) Australia’s largest pure-play coal producer, announced a record profit after tax of $852 million up from last year's $229 million for the year ende…

CSR $100 million on-market share buyback

26 Feb 2019 - Building products company CSR Limited (ASX:CSR) will commence an on-market share buy-back of its ordinary shares of up to $100 million.

House prices won't 'derail' economy - RBA: ASX tracking 0.5% higher at noon

22 Feb 2019 - The ASX now tracking 0.5% higher at noon. Shares in pharmaceutical company Mayne Pharma Group (ASX:MYX) saw a rise after they released their half year results today s…

InvoCare’s profit slide due to fewer deaths

22 Feb 2019 - Funeral company InvoCare (ASX:IVC) has reported its full-year net profit has fallen 57.7 per cent to $41.2 million from $97.4 million in the same corresponding period…

Kogan.com profits fall despite bumper Christmas sales

22 Feb 2019 - Online retailer Kogan.com (ASX:KGN) today announced financial results for the half year ended 31 December 2018 showing net profit after tax of $7.4 million down 11 pe…

Ardent Leisure results continue to be impacted by Dreamwold incident

22 Feb 2019 - Ardent Leisure (ASX:ALG) results continue to be impacted by Dreamworld incident costs due to the coronial inquest as well as various restructuring and other non-recur…

Mayne Pharma Group posts 35% increase in underlying half year profit

22 Feb 2019 - Pharmaceutical company Mayne Pharma Group (ASX:MYX) released their half year results today showing underlying net profit after tax up 35 per cent to $21.1 million fro…

RBA’s Philip Lowe’s testimony due: ASX poised to open lower

22 Feb 2019 - The ASX is poised to edged lower as US shares extended losses. China is proposing that it could buy an additional US$30b a year of US agricultural products including …

Helloworld Travel CEO denies Hockey ‘owes me’ comment

22 Feb 2019 - Helloworld Travel (ASX:HLO) CEO Andrew Burnes released a statement yesterday denying he organised meetings with Russell Carstensen and Joe Hockey.

AuStar Gold clarifies it has no connection to the Good Friday Mine

22 Feb 2019 - Gold mining company AuStar Gold (ASX:AUL) released a statement yesterday in response to media reports of the closure of the Good Friday mine stating it has no connect…

AuStar Gold (ASX:AUL) to commence mining

21 Feb 2019 - AuStar Gold Limited (ASX:AUL) Chairman, Frank Terranova provides an update on the company's projects, including plans to commence mining at its Morning Star and Rose …

Webjet's NPAT up 61% for first half FY19

21 Feb 2019 - Travel company Webjet (ASXC:WEB) today showed their net profit after tax (NPAT) was up 61 per cent to $38.3 million for the first half of FY19.

Coca-Cola Amatil's profit slides 37.3%

21 Feb 2019 - Coca-Cola Amatil (ASX:CCL) today reported its full year results for 2018, statutory NPAT of $279.0 million, down 37.3 per cent on the prior corresponding period.

Wesfarmers profit soars after Coles demerger

21 Feb 2019 - Retail and industrial company Wesfarmers (ASX:WES) has reported a net profit after tax of $4.54 billion for the half-year ended 31 December 2018, up from $212 million…

Santos full-year profit US$630 million

21 Feb 2019 - Gas producer Santos (ASX:STO) reports that its net profit after tax soared from last year's US$360 million loss to US$630 million for the full year 2018.

Resmed and Fisher & Paykel Healthcare settle dispute: ASX set to open higher

21 Feb 2019 - The ASX is set to open higher this morning. Overnight the US Federal Reserve released minutes from its latest policy meeting. They show officials are unsure of the ne…

Mark Okeby retires from Regis Resources

21 Feb 2019 - Mark Okeby has advised the board of Regis Resources (ASX:RRL) that he has decided to retire as a director effective immediately.

Qualitas release their inaugural half year results

21 Feb 2019 - Qualitas Real Estate Income Fund (ASX:QRI) released their inaugural half year results, for the period ending 31 December 2018 with an operating profit of $304k achiev…

Bumper reporting day fails to boost market: ASX closes 0.2% lower

20 Feb 2019 - The ASX closed 0.2% lower today after a large number of companies reported their half year results. Corporate Travel Management (ASX:CTD) topped the best performers l…

Wage growth below expectations: ASX tracking 0.2% lower at noon

20 Feb 2019 - The ASX opened lower. It is now tracking 0.2% lower at noon. The a2 Milk company (ASX:A2M) saw their shares rise as they reported net profit, earnings and revenue for…

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