Finance News Network

News by Anna Napoli

Anna Napoli

Finance News Network

Mining sector lifts ASX to 11 month high: Aus shares close 0.6% higher

08 Feb 2021 - The local bourse has kicked off the trading week on a positive note. the S&P/ASX 200 Index is up 0.6 per cent or 40 points at 6881 points.

Vocus charges ahead on takeover talks: ASX 0.6% higher at noon

08 Feb 2021 - The S&P/ASX 200 Index is up 0.6 per cent or 42 points at 6882 points. SPI futures are pointing to a rise of 44 points as we head into afternoon trade.

Argo Investments (ASX:ARG) first-half profit drops 43.3%

08 Feb 2021 - Listed investment company Argo (ASX:ARG) has posted a 43.3 per cent decline in half year profit to $67.4 million for the first half of the 2021 financial year when co…

Charter Hall (ASX:CLW) maintains full year operating earnings per share guidance

08 Feb 2021 - Australian Real Estate Investment Trust Charter Hall Long Wale REIT (ASX:CLW) has posted a 3.6 per cent increase in operating earnings to $73.6 million for the first …

Treasury Wines (ASX:TWE) not currently considering demerger

08 Feb 2021 - Global winemaker Treasury Wines (ASX:TWE) has denied media reports of a potential demerger.

Vocus (ASX:VOC) receives non-binding takeover bid, opens books to Macquarie Infrastructure and Assets Holdings

08 Feb 2021 - Vocus (ASX:VOC) receives non-binding takeover bid, opens books to Macquarie Infrastructure and Assets Holdings

S&P 500 notches up best week since November: Aus shares to edge higher

08 Feb 2021 - The Aussie market is set to edge higher following a solid finish to the week on Wall Street. The S&P 500 hit another record high last week up 4.7 per cent for the wee…

Newscorp rallies on results: Aus shares 0.8% higher at noon

05 Feb 2021 - The Aussie market is tracking higher in the first two hours of trade. The ASX has gained 54 points or 0.8 per cent to 6819. The SPI is suggesting a rise of 53 points…

Splitit (ASX:SPT) signs US$150m Receivables Warehouse Facility with Goldman Sachs

05 Feb 2021 - Splitit Payments has signed a $US150 million receivables funding facility with Goldman Sachs.

Medibank (ASX:MPL) announces investment in Myhealth Medical Group

05 Feb 2021 - Medibank (ASX:MPL) has snapped up a 33.4 per cent stake in primary clinic operator Myhealth Medical Group.

Crown Resort's (ASX:CWN) Perth Casino doors to remain closed until 14 February

05 Feb 2021 - Crown Perth’s (ASX:CWN) casino and theatre will remain closed until February 14 following updated guidance from the Western Australian government after a five-day loc…

Newscorp (ASX:NWS) posts most profitable second quarter since relaunch 7 years ago

05 Feb 2021 - Newscorp (ASX:NWS) says fiscal year 2021 second quarter net income has increased from $US103 million for the prior corresponding period to $US261 million.

Wall Street posts fourth positive session in a row: Aus shares set for solid start

05 Feb 2021 - The Aussie market is set for a solid start following another positive session on Wall Street as we continue to see US markets doing well this week following a rather …

Tech and miners lift market, Pfizer gets provisional approval from TGA: ASX closes 0.4% higher

25 Jan 2021 - The local sharemarket has kicked off the week on a positive footing rising 0.4 per cent or 24 points to 6825. Gains made by tech, consumer-facing companies and iron o…

Banks and miners offset energy losses, December trade surplus up $7.4b: ASX up 0.4% at lunch

25 Jan 2021 - The local sharemarket is up 0.4 per cent or 27 points to 6828 as we head into afternoon trade. On the futures market the SPI is 25 points higher. Iron ore miners are …

Youfoodz (ASX:YFZ) posts strong quarter 2 growth and reaffirms prospectus forecast

25 Jan 2021 - Food delivery business Youfoodz says it achieved strong growth and performance across quarter 2 FY21.

PointsBet (ASX:PBH) appoints Shaquille ONeal as Australian Brand Ambassador

25 Jan 2021 - Shaquille O’Neal is set to become online bookmaker PointsBet’s (ASX:PBH) Australian brand ambassador.

Ampol (ASX:ALD) successfully completes $300 million off-market share buy-back

25 Jan 2021 - Ampol (ASX:ALD) has successfully completed a $300 million off-market share buy-back.

First patients dosed in Telix Pharmaceutical's (ASX:TLX) Phase 3 US trial

25 Jan 2021 - Bio-tech company Telix Pharmaceuticals (ASX:TLX) Phase 3 clinical trial of its renal cancer diagnostic imaging product, Zircon has commenced in the US.

Wall Street ends a positive week mixed: Local shares set for modest gains

25 Jan 2021 - A modest gain is expected for local stocks today despite a weaker mixed finish for US markets on Friday.

Retail trends under COVID, January 2021

20 Jan 2021 - National Retail Association CEO Dominique Lamb discusses retail performance over the Christmas period, trends in retail, and strategies for encouraging consumer spend…

Retail results not enough to offset material losses: Aus shares close 0.8% lower

18 Jan 2021 - Australia’s sharemarket closed lower today despite a strong performance from some of our retailers. The S&P/ASX 200 index finished 52 points down or 0.8 per cent lowe…

ASX heads south: Materials sector drags on market BHP, Rio push lower

18 Jan 2021 - The local bourse has fallen in the first two hours of trade with gains in the health care sector unable to offset losses in the materials sector. The S&P/ASX 200 inde…

JB Hi-Fi (ASX:JBH) profit jumps 86 per cent

21 Jan 2021 - Electronics retailer JB Hi-Fi’s (ASX:JBH) first half net profit has increased by 86 per cent to $318 million when compared to the year earlier period.

Super Retail (ASX:SUL) sales soar 23 per cent

18 Jan 2021 - BSuper Retail Group (ASX:SUL) has posted sales growth of 23 per cent and like-for-like sales growth of 24 per cent for the 26 week period ending 26 December 2020.