Finance News Network

Company News

Gentrack (ASX:GTK) EBITDA down 78% on 1H FY19

29 May 2020 - Utilities software solutions provider, Gentrack Group (ASX:GTK) has seen a 78 per cent decline in EBITDA to $4.3 million for the half-year to 31 March 2020, compared …

Atlas Arteria (ASX:ALX) completes $420 million equity raising

29 May 2020 - Toll road operator, Atlas Arteria (ASX:ALX) has successfully completed its $420 million equity raising.

Tower (ASX:TWR) reports $14.9M first half profit

29 May 2020 - New Zealand insurer, Tower (ASX:TWR) has reported first half profit of $14.9 million after tax.

Online education booms for Kip McGrath (ASX:KME)

29 May 2020 - Kip McGrath Education Centres (ASX:KME) have seen a boost in online business on the back of covid 19.

WiseTech Global (ASX:WTC) update on acquisition earnout arrangements

28 May 2020 - WiseTech Global (ASX:WTC) today announced it has renegotiated earnout arrangements for a number of its strategic acquisitions.

Emeco (ASX:EHL) enters contract with Mincor Resources

28 May 2020 - Emeco’s (ASX:EHL) Pit N Portal today executed a five-year contract with Mincor Resources NL (ASX:MCR) at its Kambalda Nickel Operations in Western Australia.

Strike Energy (ASX:STX) awarded WA government support

28 May 2020 - Strike Energy (ASX:STX) is pleased to announce that the West Erregulla Gas Project has been awarded Lead Agency Status in WA.

Mesoblast (ASX:MSB) reports a net loss US$45.3 million for nine months

28 May 2020 - Mesoblast (ASX:MSB), the company that develops cellular medicines for inflammatory diseases, has reported a net loss of $US45.3 million in the nine months to the end …

Neuren Pharmaceuticals (ASX:NEU) announces changes leadership team

27 May 2020 - Neuren Pharmaceuticals (ASX:NEU) today announced the appointment of Jon Pilcher and Patrick Davies as Chief Executive Officer and non-executive Chair respectively.

Ingenia Communities Group (ASX:INA) benefit from ease of restrictions

27 May 2020 - Ingenia Communities Group (ASX:INA) reports that they are continuing to benefit from recurring revenue streams from a stable rental base of 4,000 income producing sit…

The National Australia Bank (ASX:NAB) upsizes SPP to $1.25 billion

27 May 2020 - National Australia Bank (ASX:NAB) has increased the size of its share purchase by $750 million to $1.25 billion.

Blackmores (ASX:BKL) looks to raise $117 million

27 May 2020 - Australian health supplements company Blackmores (ASX:BKL) is undertaking a fully underwritten $92 million institutional placement and non-underwritten Share Purchase…

BrainChip Holdings (ASX:BRN) enters new joint agreement with car manufacturer

26 May - AI technology company BrainChip Holdings (ASX:BRN) has signed a joint agreement for evaluation of the Akida neural network System-on-Chip (SoC) with The Ford Motor Company…

The Cann Group (ASX:CAN) sign export supply agreements with Europe and UK

26 May 2020 - The Cann Group (ASX:CAN) has executed two new export supply agreements with European and UK partners for the supply of a range of medicinal cannabis formulated oil an…

APN Convenience REIT (ASX:APN) spends $10.2m on Coles Express

26 May 2020 - APN Convenience REIT (ASX:APN) has acquired two Coles Express service stations, with the $10.2 million of acquisitions lifting its portfolio value to $425 million.

Coca-Cola Amatil (ASX:CCL) see beverage sales drop in April

26 May 2020 - Coca-Cola Amatil (ASX:CCL) released their trading update for April today showing the volume of beverage sold still fell 33 per cent that month.

Ramsay (ASX:RHC) completes $300m share purchase plan

25 May 2020 - Ramsay Health Care has completed its $300 million share purchase plan (SPP) and will issue 5.37 million new shares.

Sandfire (ASX:SFR) to restart drilling in Botswana

25 May 2020 - Sandfire Resources (ASX:SFR) is set to resume exploration activity in Botswana by early June after the government announced a phased ending of COVID-19 restrictions.

Nine Entertainment (ASX:NEC) to sell NZ publishing business Stuff in $1 management buyout

25 May 2020 - Nine Entertainment (ASX:NEC) has entered into a share sale agreement with respect to its New Zealand business Stuff, as a management buy-out by its current CEO, Sinea…

Estia (ASX:EHE) says occupancy falls, costs expected to rise on the back of covid-19

25 May 2020 - Aged care operator Estia Health (ASX:EHE) says disruptions caused by COVID-19 has led to a fall in occupancy levels which will lead to higher ongoing costs.

Air New Zealand (ASX:AIZ) CEO reduces executive team

22 May 2020 - Air New Zealand (ASX:AIZ) Chief Executive Officer Greg Foran is reducing the size of his executive team from nine to six.

Wesfarmers' (ASX:WES) Kmart Group's $480 million writedown

22 May 2020 - Wesfarmers (ASX:WES) will make drastic changes to its under performing Target retailer.

Virgin Australia (ASX:VAH) administrators file Chapter 15 petition

22 May 2020 - Virgin Australia (ASX:VAH) administrators Deloitte have filed a Chapter 15 petition in New York.

ioneer (ASX:INR) completes its Asian boric acid distribution and sales

21 May 2020 - Lithium–boron supplier ioneer (ASX:INR) has secured two separate boric acid Distribution and Sales Agreements for the supply of boric acid from their Rhyolite Ridge L…