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REA Group to see $180m impairment in FY17

29 Jun 2017 - REA Group Limited (ASX:REA) is expecting to see a non-cash impairment charge of about $180 million (pre and post tax) for the financial year ending 30 June 2017.

Neuren secures funds to progress Rett syndrome trial

29 Jun 2017 - Neuren Pharmaceuticals (ASX:NEU) has secured funding to commence key activities for Phase 3 of its trial, aimed at developing treatment for Rett syndrome.

Cabcharge sells stake in CityFleet for $13.3m

29 Jun 2017 - Cabcharge Australia Limited (ASX:CAB) says it will sell its 49 per cent stake in CityFleet Networks (CFN) for £7.9 million, which is about $13.3 million.

ImpediMed kicks off SOZO commercial sales in Europe and Australia

29 Jun 2017 - ImpediMed Limited (ASX:IPD) has commenced its first commence sales for its SOZO platform in Europe and Australia, with shipments now underway.

Moelis Australia buys a hotel group for $677m, upgrades profit & earnings

29 Jun 2017 - Moelis Australia (ASX:MOE)’s Australia managed Fund has entered into an agreement to buy the Redcape Hotel Group for $677 million (ex transaction costs).

Fleetwood enters supply agreement with Gateway Lifestyle Group

29 Jun 2017 - Fleetwood Corporation (ASX:FWD) enters into a new supply agreement with an over 50s home provider, Gateway Lifestyle Group (ASX:GTY).

IAG margin guidance to rise amid higher reserve release

28 Jun 2017 - IAG (ASX:IAG) has raised its reserve releases and as a result, expects its FY17 margin guidance will rise to the range of 13.5 per cent to 15.5 per cent.

Nine's EBITDA to increase amid Govt licence fee removal

28 Jun 2017 - Nine Entertainment Co Holdings (ASX:NEC) has announced it will be positively impacted by the Australian Government’s regulation change announced today on licence fees…

Dexus establishes $760m healthcare JV

28 Jun 2017 - Dexus (ASX:DXS) has entered into a joint venture (JV) with Commercial and General (C&G) to establish a new wholesale unlisted healthcare fund, that is tipped to be wo…

DroneShield raises $1.25m through SPP & placements

28 Jun 2017 - DroneShield (ASX:DRO) has successfully raised $1.25 million through a Share Purchase Plan (SPP) and private placement.

SKYCITY Chairman retires

28 Jun 2017 - SKYCITY Entertainment Group (ASX:SKC) announces its Chairman, Chris Moller will retire from the board, effective 31 December 2017.

Sirtex Medical announces $90m impairment & to cut 15% of staff

28 Jun 2017 - Sirtex Medical Limited (ASX:SRX) announces a number of changes aimed at improving the company’s profitability.

Cynata Therapeutics’ clinical trial gains momentum

27 Jun 2017 - Cynata Therapeutics (ASX:CYP) has announced it commenced patient dosing in the first ever clinical trial of stem cell therapy for graft-versus host disease therapy.

REA Group buys stake in mortgage broking firm, inks deal with NAB

27 Jun 2017 - REA Group (ASX:REA) has entered an agreement to acquire a majority stake in mortgage broking franchise, Smartline, while it also entered into a mortgage broking partn…

Blackmores CEO & MD to retire to take lead seat at Aus Post

27 Jun 2017 - Blackmores (ASX:BKL) announces its CEO and MD, Christine Holgate will retire, after serving for over 9 years.

Fortescue reveals FY18 innovation projects

27 Jun 2017 - Fortescue Metals Group (ASX:FMG) announces three innovation projects for FY18 aimed at improving safety, productivity and efficiency.

OceanaGold says 2017 Halie gold guidance falls, costs rise

27 Jun 2017 - OceanaGold Corporation (ASX:OGC) has downgraded its 2017 gold production guidance and increased its all-in sustaining costs at its Haile gold mine.

Yancoal again ups ante to buy Rio’s thermal assets

27 Jun 2017 - Rio Tinto Limited (ASX:RIO) confirms that shareholders vote in favour of Yancoal Australia (ASX:YAL) revised purchase of its thermal coal company, Coal and Allied Ind…

Medibio reports scientific breakthrough in PTSD diagnosis

26 Jun 2017 - Medibio Limited (ASX:MEB) says its new research study marks a scientific breakthrough in the objective diagnosis of post traumatic stress disorder (PTSD).

Vicinity Centres to sell Wodonga Plaza and Terrace Central

26 Jun 2017 - Vicinity Centres (ASX:VCX) has entered into contracts to sell Wodonga Plaza in Victoria for $43.5 million and Terrace Central in Raymond Terrace, New South Wales for …

Metcash CEO resigns & NP attributable to members dives 20.6%

26 Jun 2017 - Metcash Limited (ASX:MTS) has announced its net profit attributable to members dived 20.6 per cent, to $171.9 million for the full year to 30 April 2017.

Collins Foods NPAT drops, acquires 28 KFC restaurants

26 Jun 2017 - Collins Foods Limited (ASX:CKF) has announced its net profit attributable to members dropped 3.9 per cent to $29 million for the financial year ending 30 April 2017.

Sky and Vodafone NZ terminate proposed merger

26 Jun 2017 - Sky Network Television Limited (ASX:SKT) and Vodafone Europe B.V have terminated the sale and purchase agreement for the proposed merger of SKY and Vodafone New Zeala…

Hotel Property Investment prices notes, announces distribution

26 Jun 2017 - Hotel Property Investment (ASX:HPI) has announced its expecting to pay distribution of 9.9 cents per stapled security for the half year ending 30 June 2017.

Charter Hall Long WALE REIT snaps up 3 hotels for $23.2m

23 Jun 2017 - Charter Hall Long WALE REIT (ASX:CLW) has announced the Long WALE Investment Partnership (LWIP) has snapped up three hotels in a sale and leaseback transaction for $2…